ICICI Prudential Bluechip Fund is one of the most popular open ended equity fund. Previously this fund was named ICICI Prudential Focused Bluechip Equity Fund. The investment objective of ICICI Prudential Bluechip Fund is to generate long-term capital and income by primarily investing in equity stocks of large-cap companies.
Why should you opt ICICI Prudential Bluechip Fund?
ICICI Prudential Bluechip Fund under ICICI mutual fund house was launched on May 23, 2008. It invests mainly in large-cap company stocks which have a track record of good returns and quality management. Based on ICICI Prudential Bluechip Fund review, it adopts a “buy & hold” approach and invests in large cap stocks across different sectors. ICICI Prudential Bluechip Mutual Fund invests 89.19% in equity stocks out of which 85.74% in large cap, 3.27% in mid cap and 0.19% in small cap stocks. To maintain diversification, ICICI Prudential Bluechip Fund portfolio also includes 6.45% investment out of which 4.96% in government securities and 1.49% in low-risk instruments.
You can opt for ICICI Prudential Bluechip Fund dividend option or ICICI Prudential Bluechip Fund growth option as per your convenience. IN order to invest, you can either go for ICICI Prudential Bluechip Fund sip mode or lump-sum mode. ICICI Prudential Bluechip Fund minimum sip mode is Rs. 1000. Investors who aims to yield high return with large cap equity exposure can easily invests in ICICI Prudential Bluechip Fund. ICICI Prudential Bluechip Fund offers high return with minimized risk factor.
Top 5 Sectors of ICICI Prudential Bluechip Fund
| S.No. | Holding Name | Net Assets (in %) |
| 1 | Bank – Private | 18.48 |
| 2 | IT – Software | 8.87 |
| 3 | Refineries | 5.17 |
| 4 | Miscellaneous | 4.96 |
| 5 | Metal – Non Ferrous | 4.68 |
(as on 01/04/2019)
Top 10 Holdings of ICICI Prudential Bluechip Fund
| S.No. | Holding Name | Net Assets (in %) |
| 1 | HDFC Bank Ltd. | 6.89 |
| 2 | ICICI Bank Ltd. | 5.92 |
| 3 | 41 Days CMB | 4.96 |
| 4 | Infosys Ltd. | 4.94 |
| 5 | Axis Bank Ltd. | 4.43 |
| 6 | HDFC Ltd. | 4.13 |
| 7 | ITC Ltd. | 3.99 |
| 8 | Bharti Airtel Ltd. | 3.62 |
| 9 | Oil & Natural Gas Corporation Ltd. | 3.41 |
| 10 | NTPC Ltd. | 3.32 |
(as on 01/04/2019)
Details on ICICI Prudential Bluechip Fund
Launch Date- May23, 1995
Fund Manager- Mr. Rajat Chandak, Mr. Anish Tawakley
Risk- Moderately High
Benchmark- NIFTY 100 Index
Return Since Launch- 14.22%
AUM- Rs. 20,101 crore (as on 28th Feb, 2019)
Following table depicts ICICI Prudential Bluechip Fund performance-
| 1-Year | 3-Year | 5-Year | 10-Year | |
| Fund | 9.73 | 15.53 | 14.41 | 18.74 |
| S&P BSE 100 TRI | 13.9 | 16.93 | 13.6 | 16.48 |
| Category | 12.7 | 14.87 | 12.94 | 15.37 |
| Rank within Category | 61 | 35 | 8 | 2 |
| Number of funds in category | 91 | 76 | 62 | 39 |
| As on Apr 01, 2019 |
