ICICI Pru Bluchip Fund is one of better performing large-cap mutual funds in India. It began its journey on May 23, 2008 and has a fund size of Rs 66,206.57 crore. The expense ratio of the fund is 1.44% against a category average of 1.98%. The NAV (net asset value) of the fund on October 18 stood at Rs 108.8. It is ranked “very high” in the risk-o-meter.
The beta of ICICI Pru Bluechip Fund is 0.88% which indicates that the fund has displayed 12% less volatility than its benchmark index. The alpha of the fund is 3.99%.
ICICI Pru Bluechip Fund lump sum returns
ICICI Pru Bluechip Fund lump sum returns have turned Rs 10,000 into Rs 11,491 in 6 months; into Rs 13,701 in 1 year; into Rs 16,234 in 2 years; into Rs 16,028 in 3 years; into Rs 25,349 in 5 years and into Rs 41,243 in 10 years. If someone invested the same amount on the day of launch (May 23, 2008) it would have ballooned into Rs 1,08,800 now.
ICICI Pru Bluechip Fund SIP returns
If someone started a SIP (Systematic Investment Plan) of Rs 1,000/month 1 year ago, ICICI Pru Bluechip Fund would turn it to Rs 13,835 now; if started 2 years ago it would have turned into Rs 32,137; if begun 3 years ago it would have generated a value of Rs 52,330; if begun 5 years ago it would have turned into Rs 1,09,835 and started 10 years ago, the SIP would have turned into Rs 3,02,961.
ICICI Pru Bluechip Fund portfolio, top stocks
The ICICI Pru Bluechip Fund portfolio consists of shares such as ICICI Bank, HDFC Bank, L&T, Reliance Industries, Infosys, Bharti Airtel, ITC, NTPC, Axis Bank, Ultratech Cement, Sun Pharmaceuticals etc.
According to Value Research, ICICI Pru Bluechip Fund portfolio consists of the following sectors – financials (25.84% of investments), consumer discretionary (10.58%), materials 7.97%, industrials (9.15%), energy & utilities (10.67%), technology (12.07%) and consumer staples (5.72%).
