ICICI Pru Bluechip Fund – Direct Growth

Equity · Large Cap
 · ★★★★★
100
Min SIP
100
Min Lumpsum
1.02 %
Expense Ratio
★★★★★
Rating
40,078
Fund Size (in Cr)
11 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 29 September 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 22.7% 26.1% 14.9% 15.4%
Category Average 15.1% 21.3% 13.1% -

Scheme Allocation

By Holding
By Sector
By Asset
9.48%
5.95%
5.91%
Others
64.02%
View all Holdings
Holdings Sector Instrument Asset
ICICI Bank Banks Equity 9.48%
Larsen & Toubro Infrastructure Developers & Operators Equity 7.53%
Reliance Industr Refineries Equity 7.11%
Infosys IT - Software Equity 5.95%
HDFC Bank Banks Equity 5.91%
Axis Bank Banks Equity 4.92%
UltraTech Cem. Cement Equity 3.96%
Bharti Airtel Telecomm-Service Equity 3.63%
Maruti Suzuki Automobile Equity 3.61%
ITC Tobacco Products Equity 2.06%
Tech Mahindra IT - Software Equity 1.7%
NTPC Power Generation & Distribution Equity 1.65%
Lupin Pharmaceuticals Equity 1.63%
HCL Technologies IT - Software Equity 1.56%
Hero Motocorp Automobile Equity 1.56%
SBI Life Insuran Insurance Equity 1.43%
Sun Pharma.Inds. Pharmaceuticals Equity 1.39%
O N G C Crude Oil & Natural Gas Equity 1.37%
TVS Motor Co. Automobile Equity 1.35%
ICICI Pru Life Insurance Equity 1.33%
Tata Motors-DVR Automobile Equity 1.12%
Hindalco Inds. Non Ferrous Metals Equity 1.05%
DLF Realty Equity 1.04%
P & G Hygiene FMCG Equity 1.03%
B P C L Refineries Equity 1.03%
United Breweries Alcoholic Beverages Equity 0.99%
Avenue Super. Retail Equity 0.95%
Samvardh. Mothe. Auto Ancillaries Equity 0.92%
Coal India Mining & Mineral products Equity 0.84%
HDFC AMC Finance Equity 0.83%
Kotak Mah. Bank Banks Equity 0.7%
Grasim Inds Textiles Equity 0.67%
St Bk of India Banks Equity 0.67%
M & M Automobile Equity 0.56%
Wipro IT - Software Equity 0.51%
Siemens Capital Goods - Electrical Equipment Equity 0.5%
Apollo Hospitals Healthcare Equity 0.48%
Zee Entertainmen Entertainment Equity 0.45%
Cummins India Capital Goods-Non Electrical Equipment Equity 0.41%
ICICI Lombard Insurance Equity 0.4%
Hind.Aeronautics Capital Goods-Non Electrical Equipment Equity 0.38%
Dr Reddy's Labs Pharmaceuticals Equity 0.36%
Trent Retail Equity 0.36%
Alkem Lab Pharmaceuticals Equity 0.32%
Titan Company Diamond, Gems and Jewellery Equity 0.32%
Interglobe Aviat Air Transport Service Equity 0.29%
LIC Housing Fin. Finance Equity 0.25%
Max Financial Finance Equity 0.22%
JM Financial Finance Equity 0.21%
Muthoot Finance Finance Equity 0.21%
H P C L Refineries Equity 0.21%
Life Insurance Insurance Equity 0.2%
Cipla Pharmaceuticals Equity 0.16%
Power Grid Corpn Power Generation & Distribution Equity 0.15%
Bajaj Auto Automobile Equity 0.15%
NHPC Ltd Power Generation & Distribution Equity 0.13%
Guj Pipavav Port Marine Port & Services Equity 0.1%
Mphasis IT - Software Equity 0.1%
Hind. Unilever FMCG Equity 0.1%
Tata Steel Steel Equity 0.1%
Glaxosmi. Pharma Pharmaceuticals Equity 0.09%
Gillette India FMCG Equity 0.09%
Dabur India FMCG Equity 0.07%
Birla Corpn. Cement Equity 0.06%
GAIL (India) Gas Distribution Equity 0.03%
Oil India Crude Oil & Natural Gas Equity 0.02%
HDFC Life Insur. Insurance Equity 0.01%
Banks
22.36%
IT-Software
9.24%
Debt
9.06%
Petroleum Products
9.03%
Automobiles
8.1%
Others
42.21%
View all Sectors
Sectors Asset
Banks 22.36%
IT-Software 9.24%
Debt 9.06%
Petroleum Products 9.03%
Automobiles 8.1%
Construction 7.43%
Cement & Cement Products 4.71%
Pharmaceuticals & Biotech 3.82%
Insurance 3.61%
Telecom-Services 3.51%
Diversified FMCG 2.54%
Power 1.81%
Finance 1.51%
Oil 1.4%
Retailing 1.25%
Personal Products 1.18%
Non-Ferrous Metals 1.05%
Realty 1.03%
Others 1.03%
Beverages 1%
Auto Components 0.94%
Capital Markets 0.83%
Consumable Fuels 0.71%
Electrical Equipments 0.5%
Industrial Products 0.47%
Entertainment 0.46%
Aerospace & Defense 0.38%
Transport Services 0.31%
Consumer Durables 0.31%
Ferrous Metals 0.15%
Cash & Others 0.12%
Transport Infrastructure 0.1%
Gas 0.04%
Equity
88.95%
Reverse Repos
9.67%
Foreign Equity
0.79%
T-Bills
0.63%
Derivatives
0.06%

Advance Ratio

4.81
Alpha
3.82
SD
0.89
Beta
1.66
Sharpe

Exit Load

Exit Load 1.00% - If the amount, sought to be redeemed or switched out is invested for a period of upto one year from the date of allotment. Nil - If the amount, sought to be redeemed or switched out is invested for a period of more than one year from the date of allotment.

Fund Objective

ICICI Flexi Cap Fund was launched on July 19, 2021. It works as an open-ended dynamic equity scheme investing across large cap, medium cap & small cap stocks, most suitable for investors who are seeking wealth in the long term. The minimum SIP amount for ICICI Flexi Cap Fund is ?1000, and investors can increase this in multiples of ?100.

Pros and Cons

Pros Cons
There is a lower expense ratio than other funds in the category. It has a very high AUM tending to bring lower returns in the future.
The fund is relatively new being 2 years old.

How to invest

The ICICI flexi fund house has been positioned in a spectrum of risk and reward in between a large cap fund and a ‘large and mid cap’ fund. But the fund can move freely around in market cap. This is a reflection of the fund’s current strategy, with 50-100% of the investments in large caps and the rest in mid and small caps. So, an investor is advised to keep these factors in mind while investing in ICICI flexi fund.

What is the expense ratio?

The expense ratio can be defined as the yearly compensation that is paid to the company’s fund management team for fulfilling the obligation of managing the shareholder’s interests in that fund.

Funds with a less expense ratio are always preferred as it leads to higher returns to the investor on account of paying less to the fund managers.

Who should invest in ICICI flexi cap fund?

In the case of the ICICI flexi cap fund, if the fund manager learns that a particular market segment in which the investor had invested has turned redundant over time, then he can change the allocation to an alternate market segment that has been performing well at that time. Not only does market capitalization display the size of a specific company, but also many other characteristics such as growth potential, track record, and the risks inherent to the company. Thus, investors who are well-versed in market capitalization should invest in this fund.

For ICICI flexi cap fund, investors would need to use certain parameters for adjudging the suitability of their investment, like mid and small-cap valuations as a percentage of total Market Cap, relative strength index, and differential valuations of and the macro-economic indicators for both sector calls and market cap.

Benefits of ICICI flexi cap fund

  • ICICI flexi-cap fund offers a diversified portfolio, due to which the fund balances the risk and return aspects adequately. The investor would not lose an excessive amount of money when the market goes down on him, while at the same time, the returns he receives will always be decent.
  • ICICI Flexi Cap fund is also known to deliver steady returns even during times of a ‘bear market phase. This ensures that the income of the investor is not compromised and the money he has put into investment is safeguarded to some extent.
  • The ICICI fund manager can choose to assess the allocation of ICICI flexi cap funds and switch between different firms and sectors depending on their market performance from time to time. This gives investors the twin benefits of not only investing in the best-performing and most profitable of stocks but also the option to easily exit from the ones he deems as unattractive.
  • This fund has succeeded in earning nearly 11.2% more alpha than the prescribed benchmark of the NIFTY 500, seeing consistently higher returns in the later years. The fact that it has got one of the lowest expense ratios in the field certainly contributes to its capability.

Fund Managers

Anish Tawakley

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

ICICI Prudential Mutual Fund
AUM:
5,56,070 Cr
Address:
One BKC, A-Wing, 13th Floor, Bandra Kurla Complex, Mumbai 400051
Contact:
26525000
Email ID:
enquiry@icicipruamc.com

Frequently Asked Questions

How to invest in ICICI Pru Bluechip Fund – Direct Growth ?

You can invest in ICICI Pru Bluechip Fund – Direct Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for ICICI Pru Bluechip Fund – Direct Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of ICICI Pru Bluechip Fund – Direct Growth ?

The NAV of ICICI Pru Bluechip Fund – Direct Growth is ₹86.1 as of 29 September 2023.

How to redeem ICICI Pru Bluechip Fund – Direct Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of ICICI Pru Bluechip Fund – Direct Growth?

The minimum SIP amount of ICICI Pru Bluechip Fund – Direct Growth is ₹100

What are the top sectors ICICI Pru Bluechip Fund – Direct Growth has invested in?

The top sectors ICICI Pru Bluechip Fund – Direct Growth has invested in are
  1. Banks - 22.36%
  2. IT-Software - 9.24%
  3. Debt - 9.06%
  4. Petroleum Products - 9.03%
  5. Automobiles - 8.1%

Can I make investments in both the SIP and Lump Sum schemes of ICICI Pru Bluechip Fund – Direct Growth?

Yes, You can select both SIP or Lumpsum investment of ICICI Pru Bluechip Fund – Direct Growth based on your investment objective and risk tolerance.

How much returns have ICICI Pru Bluechip Fund – Direct Growth generated ?

The ICICI Pru Bluechip Fund – Direct Growth has delivered 15.4% since inception

What is the expense ratio of ICICI Pru Bluechip Fund – Direct Growth ?

The expense ratio of ICICI Pru Bluechip Fund – Direct Growth is 1.02 % as of 29 September 2023.

What is the AUM of ICICI Pru Bluechip Fund – Direct Growth?

The AUM of ICICI Pru Bluechip Fund – Direct Growth is ₹5,56,070 Cr as of 29 September 2023

What are the top stock holdings of ICICI Pru Bluechip Fund – Direct Growth?

The top stock holdings of ICICI Pru Bluechip Fund – Direct Growth are
  1. ICICI Bank - 9.48%
  2. Larsen & Toubro - 7.53%
  3. Reliance Industr - 7.11%
  4. Infosys - 5.95%
  5. HDFC Bank - 5.91%

How can I redeem my investments in ICICI Pru Bluechip Fund – Direct Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select ICICI Pru Bluechip Fund – Direct Growth in Scheme, enter the redemption amount, and click on submit button.

Is there any lock-in period for ICICI Pru Bluechip Fund - Direct Growth?

No, there is no lock-in period for ICICI Pru Bluechip Fund – Direct Growth.

Invest Now