ICICI Prudential Bluechip Fund Direct Growth
Equity
Direct
Large-Cap
NAV as on 16-10-2024
₹ 119.51
Inception Returns
17.1%
/yr
About the Fund
ICICI Prudential Bluechip Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Anish Tawakley, Vaibhav Dusad. The fund could potentially beat inflation in the long-run.
Key Parameters
- ICICI Prudential Bluechip Fund Direct Growth has ₹66207 Cr worth of assets under management (AUM) as on Sep 2024 and is more than category average.
- The fund has an expense ratio 0.9.
Returns
ICICI Prudential Bluechip Fund Direct Growth has given a CAGR return of 17.13% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 38.36%, 18.21% and 21.77% respectively.
Holdings
ICICI Prudential Bluechip Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Energy, Tech, Basic Materials, Consumer Defensive, Health, Communication, Utilities, Real Estate, Government. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Larsen & Toubro Ltd, Infosys Ltd, Reliance Industries Ltd
Taxation
As it is a large-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of ICICI Prudential Bluechip Fund Direct Growth
To generate long term capital appreciation and income distribution to investors from a portfolio that is predominantly invested in equity and equity related securities of large cap companies. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. ICICI Prudential Bluechip Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
▲
▼
125424 people have invested ₹ 63.9Cr in ICICI Prudential Bluechip Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
2
/19
80% Performance
79% Risk Management
45% Cost
2 out of 19 among large-cap
Generated Consistent Returns
Consistently beats benchmark
Lower probablity of downside risk
No bad points found for this fund.
Fund Overview
| Expense ratio | 0.86% |
Benchmark | S&P BSE 100 India TR INR |
| AUM | ₹66207 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 27% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (16-Oct-24)
Fund Distribution
as on (30-Sep-24)
Large cap
81.3%
Mid cap
6.9%
Small cap
0.6%
Sector Allocation
Financial Services
29.1%
Consumer Cyclical
11.9%
Industrial
11.2%
Energy
9.5%
Tech
8.8%
Basic Materials
7.8%
Consumer Defensive
6.4%
Health
5.5%
Communication
4.8%
Utilities
3.7%
Real Estate
1.4%
All changes are between Jul'24 and Sep'24
- This fund’s returns stands at 2.14% whereas the fund’s underlying benchmark Nifty 100 returns stands at 2.11% as on Sep'24
- This fund outperformed Nifty 100 by 0.03% in Sep'24
- AUM of the fund stands at 66.2K Cr as of Sep'24
- AUM increased by 2K Cr between Sep'24 and Aug'24
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 5.78% to 7.06%
Mahindra & Mahindra Ltd's allocation increased from 0.65% to 0.96%
Bank of Baroda's allocation increased from 0.07% to 0.35%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 5.08 % to 4.75 %
Reliance Industries Ltd's allocation decreased from 6.81 % to 4.65 %
InterGlobe Aviation Ltd's allocation decreased from 1.73 % to 1.66 %
Mid Cap allocation has gone down from 8.4% to 6.9%
Large Cap allocation has gone up from 80.9% to 81.3%
Small Cap allocation has gone down from 0.8% to 0.6%
Cash allocation has gone up from 9.9% to 11.2%
Top 3 Sectors in September were Financial Services, Energy & Consumer Cyclical
Sep'24
Financial Services
29%
Consumer Cyclical
12%
Industrial
11%
Aug'24
Financial Services
27%
Energy
12%
Consumer Cyclical
11%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 7.79% | 0% | |
 HDFC Bank Ltd | 7.06% | 18.9% | |
 Larsen & Toubro Ltd | 6.22% | 5.3% | |
 Infosys Ltd | 4.75% | 0% | |
 Reliance Industries Ltd | 4.65% | -28% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Bharti Airtel Ltd | 3.7% |
 Maruti Suzuki India Ltd | 2% |
 HDFC Bank Ltd | 1% |
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Anish Tawakley
Fund Manager of ICICI Prudential Bluechip Fund Direct Growth, since 5 September 2018
Top funds managed
Vaibhav Dusad
Fund Manager of ICICI Prudential Bluechip Fund Direct Growth, since 18 January 2021
Top funds managed
Fund House
ICICI Prudential Asset Management Company Limited
Total Schemes
Total AUM
₹8.1L Cr
as on 30-Sep-2024
Address
ICICI Prudential Asset Mgmt.Company Limited,3rd Floor, Hallmark Business Plaza,,Sant Dyaneshwar Marg,,Bandra (East)
Phone
+912226428000
Website
investor.helpdesk@hdfcbank.com
Mutual Fund Insights
Over the last 1 year, this fund has decreased expense ratio by 15.7% moving from 1.02 to 0.86.
Over the last 6 months, this fund has experienced a 23.7% growth in AUM moving from 53.50K Cr to 66.20K Cr.
In the last 1 year, Invesco India largecap Fund Direct Plan Growth has given 43.31% return, outperforming this fund by 4.95%.
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 20.56% return, outperforming this fund by 2.35% per annum.
In the last 5 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 23.15% return, outperforming this fund by 1.38% per annum.
ICICI Prudential Bluechip Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 17.13% since inception which is more than its category average return of 14.19%
Fund Allocations
This fund has an allocation of 88.85% in Equity, 0% in Debt and 11.15% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is more than its category average of ₹ 7321 Cr
Expense Ratio 0.86%
This fund has an expense ratio of 0.86% which is less than its category average expense ratio of 1.3%
Frequently Asked Questions
The current NAV of ICICI Prudential Bluechip Fund Direct Growth is ₹119.51 as on 16-Oct-2024.
Existing (Absolute + CAGR) as on 16-Oct-2024.
ICICI Prudential Bluechip Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.71% | -0.71% |
6 Month Returns | 14.86% | 14.86% |
1 Year Returns | 38.36% | 38.36% |
3 Years Returns | 65.19% | 18.21% |
5 Years Returns | 167.73% | 21.77% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
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0.86% as on September 2024
₹66207 Cr as on September 2024
ICICI Bank Ltd(7.79%), HDFC Bank Ltd(7.06%), Larsen & Toubro Ltd(6.22%), Infosys Ltd(4.75%), Reliance Industries Ltd(4.65%) as on September 2024
Financial Services(25.84%), Consumer Cyclical(10.58%), Industrial(9.92%) as on September 2024
The alpha ratio for the ICICI Prudential Bluechip Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
ICICI Prudential Bluechip Fund Direct Growth | 6.28 | 5.36 | 3.08 |
As on September 2024
The alpha for ICICI Prudential Bluechip Fund Direct Growth is calculated against S&P BSE 100 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the ICICI Prudential Bluechip Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
ICICI Prudential Bluechip Fund Direct Growth | 0.86 | 0.86 | 0.93 |
As on September 2024
The Beta for ICICI Prudential Bluechip Fund Direct Growth is calculated with S&P BSE 100 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the ICICI Prudential Bluechip Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
ICICI Prudential Bluechip Fund Direct Growth | 3.05 | 1.23 | 0.96 |
As on September 2024
The sharpe ratio for ICICI Prudential Bluechip Fund Direct Growth is calculated with S&P BSE 100 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the ICICI Prudential Bluechip Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
ICICI Prudential Bluechip Fund Direct Growth | 9.64 | 11.3 | 17.41 |
As on September 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 2.42 as on September 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.42 as on September 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Anish Tawakley, Vaibhav Dusad are the fund managers of ICICI Prudential Bluechip Fund Direct Growth
The Exit load of ICICI Prudential Bluechip Fund Direct Growth is 1%