ICICI Pru Bluechip Fund

Equity · Large Cap
 · ★★★★
100
Min SIP
100
Min Lumpsum
1.12 %
Expense Ratio
★★★★
Rating
35,876
Fund Size (in Cr)
10 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 07 June 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 17.5% 24.9% 13.2% 14.9%
Category Average 14% 23.1% 12.3% -

Scheme Allocation

By Holding
By Sector
By Asset
ICICI Bank
9.79%
Reliance Industr
8.17%
Larsen & Toubro
6.95%
Infosys
5.42%
Axis Bank
4.98%
Others
64.69%
Banks
21.16%
Debt
9.84%
IT-Software
9.62%
Petroleum Products
9.6%
Automobiles
7.31%
Others
42.48%
Equity
89.13%
Reverse Repos
9.36%
Foreign Equity
0.8%
T-Bills
0.48%
Derivatives
0.25%

Advance Ratio

0.34
Alpha
3.94
SD
0.87
Beta
0.51
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:
4,84,872 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 ?

You can invest in ICICI Pru Bluechip Fund 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 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 ?

The NAV of ICICI Pru Bluechip Fund is ₹78.8 as of 07 June 2023.

How to redeem ICICI Pru Bluechip Fund 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?

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

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

The top sectors ICICI Pru Bluechip Fund has invested in are
  1. ICICI Bank - 9.79%
  2. Reliance Industr - 8.17%
  3. Larsen & Toubro - 6.95%
  4. Infosys - 5.42%
  5. Axis Bank - 4.98%

How much returns have ICICI Pru Bluechip Fund generated ?

The ICICI Pru Bluechip Fund has delivered 14.9% since inception

What is the expense ratio of ICICI Pru Bluechip Fund ?

The expense ratio of ICICI Pru Bluechip Fund is 1.12 % as of 07 June 2023.

What is the AUM of ICICI Pru Bluechip Fund?

The AUM of ICICI Pru Bluechip Fund is ₹4,84,872 Cr as of 07 June 2023

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

The top stock holdings of ICICI Pru Bluechip Fund are
  1. ICICI Bank - 9.79%
  2. Reliance Industr - 8.17%
  3. Larsen & Toubro - 6.95%
  4. Infosys - 5.42%
  5. Axis Bank - 4.98%
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