ICICI Prudential Bluechip Fund Direct Growth
Equity
Direct
Large-Cap
NAV as on 20-12-2024
₹ 113.52
1D
Inception Returns
16.5%
/yr
About ICICI Prudential Bluechip Fund Direct Growth
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 ₹63938 Cr worth of assets under management (AUM) as on Nov 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 16.49% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 20.92%, 18.88% and 19.47% respectively.
Holdings
ICICI Prudential Bluechip Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Energy, Basic Materials, Consumer Defensive, Health, Communication, Utilities, Real Estate, Government. Its top holdings are HDFC Bank Ltd, ICICI 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
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140668 people have invested ₹ 67.9Cr in ICICI Prudential Bluechip Fund Direct Growth in the last three months
INDmoney Rank for ICICI Prudential Bluechip Fund Direct Growth
Powered by IND quant engine
3
/19
76% Performance
76% Risk Management
47% Cost
3 out of 19 among large-cap
Generated Consistent Returns
Consistently beats benchmark
Lower volatility within category
No bad points found for this fund.
ICICI Prudential Bluechip Fund Direct Growth Overview
| Expense ratio | 0.86% |
Benchmark | S&P BSE 100 India TR INR |
| AUM | ₹63938 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 27% |
| STCG | Selling mutual fund 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 (20-Dec-24)
Fund Distribution
as on (30-Nov-24)
Large cap
83.6%
Mid cap
6.8%
Small cap
0.7%
Sector Allocation
Financial Services
31.1%
Industrial
11.4%
Consumer Cyclical
10.6%
Tech
8.8%
Energy
8.7%
Basic Materials
8.1%
Consumer Defensive
6%
Health
5.2%
Communication
4.8%
Utilities
3.8%
Real Estate
1.4%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at -0.17% whereas the fund’s underlying benchmark Nifty 100 returns stands at -0.52% as on Nov'24
- This fund outperformed Nifty 100 by 0.35% in Nov'24
- AUM of the fund stands at 63.9K Cr as of Nov'24
- AUM increased by 268.2 Cr between Nov'24 and Oct'24
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 8.54% to 9.14%
Asian Paints Ltd's allocation increased from 0.46% to 0.86%
UltraTech Cement Ltd's allocation increased from 3.76% to 4.01%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 4.46 % to 4.41 %
Sun Pharmaceuticals Industries Ltd's allocation decreased from 2.92 % to 2.8 %
ITC Ltd's allocation decreased from 2.11 % to 2.05 %
Large Cap allocation has gone up from 81.7% to 83.6%
Small Cap allocation has gone down from 0.7% to 0.7%
Mid Cap allocation has gone down from 6.9% to 6.8%
Cash allocation has gone down from 10.5% to 8.6%
Top 3 Sectors in November were Financial Services, Industrial & Consumer Cyclical
Nov'24
Financial Services
31%
Industrial
11%
Consumer Cyclical
11%
Oct'24
Financial Services
31%
Industrial
11%
Consumer Cyclical
11%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 9.14% | 3.8% | |
 ICICI Bank Ltd | 8.24% | 0% | |
 Larsen & Toubro Ltd | 6.64% | 0% | |
 Infosys Ltd | 4.87% | 0% | |
 Reliance Industries Ltd | 4.41% | 2.3% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Infosys Ltd | 8.5% |
 Larsen & Toubro Ltd | 7.2% |
 HDFC Bank Ltd | 3.9% |
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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
₹8.23L Cr
as on 29-Nov-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 14.9% moving from 1.01 to 0.86.
In the last 5 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 20.82% return, outperforming this fund by 1.35% per annum.
Over the last 6 months, this fund has experienced a 15.3% growth in AUM moving from 55.45K Cr to 63.93K Cr.
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 22.69% return, outperforming this fund by 3.81% per annum.
In the last 1 year, Invesco India largecap Fund Direct Plan Growth has given 26.47% return, outperforming this fund by 5.54%.
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 16.49% since inception which is more than its category average return of 13.49%
Fund Allocations
This fund has an allocation of 91.44% in Equity, 0% in Debt and 8.56% in Cash related instruments
AUM size ₹63938 Cr
This fund has AUM of ₹63938 Cr which is more than its category average of ₹ 7030 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 for ICICI Prudential Bluechip Fund Direct Growth
The current NAV of ICICI Prudential Bluechip Fund Direct Growth is ₹113.52 as on 20-Dec-2024.
Existing (Absolute + CAGR) as on 20-Dec-2024.
ICICI Prudential Bluechip Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.04% | 2.04% |
6 Month Returns | 4% | 4% |
1 Year Returns | 20.92% | 20.92% |
3 Years Returns | 67.99% | 18.88% |
5 Years Returns | 143.38% | 19.47% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.86% as on November 2024
₹63938 Cr as on November 2024
HDFC Bank Ltd(9.14%), ICICI Bank Ltd(8.24%), Larsen & Toubro Ltd(6.64%), Infosys Ltd(4.87%), Reliance Industries Ltd(4.41%) as on November 2024
Financial Services(28.45%), Industrial(10.43%), Consumer Cyclical(9.71%) as on November 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 | 5.06 | 5.08 | 3.36 |
As on November 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 | 0.84 | 0.86 | 0.93 |
As on November 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 | 1.71 | 1.06 | 0.83 |
As on November 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 | 11.21 | 11.71 | 17.71 |
As on November 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 1.94 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.37 as on November 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%