ICICI Prudential Focused Bluechip Equity Fund

NAV Date 01-04-2020
Fund Name Category NAV NAV Change 1 year %
ICICI Pru Balanced Advantage Fund(G) Hybrid - Equity Oriented 29.69 0.8800 -16.13
ICICI Pru Bluechip Fund(G) Equity - Large Cap 30.57 1.2200 -27.90
ICICI Pru Equity & Debt Fund(G) Hybrid - Equity Oriented 103.3 2.6600 -23.54
ICICI Pru LT Equity Fund (Tax Saving)(D) Equity - Tax Saving 13.09 0.4000 -31.04
ICICI Pru LT Equity Fund (Tax Saving)(G) Equity - Tax Saving 266.41 8.2200 -30.08
ICICI Pru Midcap Fund(G) Equity - Mid Cap 63.23 1.2800 -34.74
ICICI Pru Multi-Asset Fund(G) Equity - Large Cap 205.65 5.3521 -23.61
ICICI Pru Short Term Fund(G) Debt - Short Term Income 42.17 0.1124 09.12
ICICI Pru Value Discovery Fund(G) Equity - Large Cap 102.51 3.2100 -30.32
ICICI Pru FMCG Fund(G) Equity - FMCG 203.08 6.6700 -15.46
ICICI Pru FMCG Fund(G)-Direct Plan Equity - FMCG 214.27 7.0300 -14.76
ICICI Pru Floating Interest Fund(B) Debt - Ultra Short Term 151.6 0.1746 07.89
ICICI Pru Floating Interest Fund(D) Debt - Ultra Short Term 151.57 0.1746 07.88
ICICI Pru Floating Interest Fund(D)-Direct Plan Debt - Ultra Short Term 155.76 0.1824 08.93
ICICI Pru Floating Interest Fund(DP) Debt - Ultra Short Term 151.57 0.1746 07.88
ICICI Pru Floating Interest Fund(DP)-Direct Plan Debt - Ultra Short Term 155.76 0.1824 08.93
ICICI Pru Floating Interest Fund(G) Debt - Ultra Short Term 300.18 0.3457 07.88
ICICI Pru Floating Interest Fund(G)-Direct Plan Debt - Ultra Short Term 316.34 0.3705 08.69
ICICI Pru Floating Interest Fund-Option A(G) Debt - Ultra Short Term 300.54 0.3463 07.89
ICICI Pru Floating Interest Fund-Option B(G) Debt - Ultra Short Term 324.51 0.3740 07.89
ICICI Pru LT Equity Fund (Tax Saving)(G)-Direct Plan Equity - Tax Saving 285.35 8.8000 -29.58
ICICI Pru Large & Mid Cap Fund(G) Equity - Large Cap 224.64 7.2100 -31.20
ICICI Pru Large & Mid Cap Fund(G)-Direct Plan Equity - Large Cap 240.14 7.7100 -30.66
ICICI Pru Liquid Fund(B)-Direct Plan Debt - Liquid 148.64 0.0391 06.24
ICICI Pru Liquid Fund(D) Debt - Liquid 147.79 0.0379 06.16
ICICI Pru Liquid Fund(D)-Direct Plan Debt - Liquid 148.28 0.0391 06.24
ICICI Pru Liquid Fund(DP)-Direct Plan Debt - Liquid 148.28 0.0391 06.24
ICICI Pru Liquid Fund(G) Debt - Liquid 292.58 0.0378 06.16
ICICI Pru Liquid Fund(G)-Direct Plan Debt - Liquid 293.86 0.0389 06.24
ICICI Pru Liquid Fund-Inst(G) Debt - Liquid 460.73 0.0559 05.80
ICICI Pru Liquid Fund-Inst-1(G) Debt - Liquid 274.64 0.0342 05.91
ICICI Pru Liquid Fund-Ret(G) Debt - Liquid 449.22 0.0545 05.80
ICICI Pru Liquid Fund-Unclaimed Dividend Debt - Liquid 129.39 0.0345 06.29
ICICI Pru Money Market Fund(B)-Direct Plan Debt - Liquid 150.21 0.0816 07.34
ICICI Pru Money Market Fund(D) Debt - Liquid 141.5 0.0789 07.20
ICICI Pru Money Market Fund(D)-Direct Plan Debt - Liquid 142.17 0.0771 07.32
ICICI Pru Money Market Fund(DP)-Direct Plan Debt - Liquid 142.17 0.0771 07.32
ICICI Pru Money Market Fund(G) Debt - Liquid 277.51 0.1547 07.20
ICICI Pru Money Market Fund(G)-Direct Plan Debt - Liquid 279.26 0.1515 07.32
ICICI Pru Money Market-Ret(G) Debt - Liquid 304.74 0.1615 06.84
ICICI Pru Multi-Asset Fund(G)-Direct Plan Equity - Large Cap 218.27 5.6778 -23.12
ICICI Pru Multicap Fund(G) Equity - Multi Cap 199.15 6.8500 -33.07
ICICI Pru Multicap Fund(G)-Direct Plan Equity - Multi Cap 212.16 7.2900 -32.44
ICICI Pru Savings Fund(B) Debt - Ultra Short Term 154.53 0.1438 07.96
ICICI Pru Savings Fund(D) Debt - Ultra Short Term 154.77 0.1439 07.96
ICICI Pru Savings Fund(D)-Direct Plan Debt - Ultra Short Term 156.23 0.1457 08.06
ICICI Pru Savings Fund(DP)-Direct Plan Debt - Ultra Short Term 156.23 0.1457 08.06
ICICI Pru Savings Fund(G)-Direct Plan Debt - Ultra Short Term 390.37 0.3640 08.06
ICICI Pru Savings Fund-Ret(G) Debt - Ultra Short Term 219.53 0.1998 07.17
ICICI Pru Sensex ETF Equity - ETF 302.29 12.7863 -26.29
View moreless

Type or nature of fund

This is an open ended focused bluechip equity fund

Investment objective

The objective of this fund is to build wealth over a longer period through a portfolio that is diverse. The investments done through this fund go for the buy and hold approach. The investments can also be made in large cap companies that have a good overall track record in terms of growth and quality. It even pegs its indicative investment horizon at at least 5 years.

Fund information

Inception date

23 May 2008

CRISIL rank

3 (As of June 2015)

Plans

Regular and Direct

Options

Growth and Dividend

Schemes

•ICICI Prudential Focused Bluechip Equity Fund - Direct Plan - Dividend

•ICICI Prudential Focused Bluechip Equity Fund - Direct Plan - Growth

•ICICI Prudential Focused Bluechip Equity Fund - Inst. Growth

•ICICI Prudential Focused Bluechip Equity Fund - Regular Plan - Dividend

•ICICI Prudential Focused Bluechip Equity Fund - Regular Plan - Growth

Entry load Nil. There may be an upfront payment that will have to be made by the investor to the distributors.
Exit load 1% of the applicable NAV for the first year, none thereafter.
Minimum investment

•Rs. 5,000 for first time investors

•Rs. 1,000 in case of additional investments

•Amounts higher than the minimums will have to be in multiples of Re. 1.

SIP

•Rs. 1,000 for Monthly payments and a minimum of 6 instalments have to be paid.

•Rs. 5,000 in case of quarterly SIP with a minimum of 4 instalments being paid.

Product label – Risk and target investors

•The risk rating of this fund is Moderately High

•This fund is ideal for those looking for long term wealth creation through investments in large cap companies

Benchmark CNX NIFTY Index CNX NIFTY or NIFTY 50 or NIFTY is a benchmark for the equity market. It is a large cap index and covers 22 sectors. NIFTY is a subsidiary of NSE Strategic Investment Corporation Limited
SWP Withdrawals cannot be less than Rs. 500 and must be withdrawn in multiples of Re. 1
STP Available
Redemption The minimum amount that can be redeemed is Rs. 500 and multiples of Re. 1 thereafter.

Fund manager(s)

Manish Gunwani

  • Education: B.Tech from IITChennai and PGDM from IIM-Banglore
  • Past experience:
    • Senior Fund Manager – ICICI Prudential AMC Ltd.
    • Head-India operations - Vicisoft Technologies Pvt. Ltd
    • Sr. Analyst - Lehman Brothers
    • Head – Midcap Team - Brics Securities
    • Analyst (portfolio management) - Lucky Securities
    • Co-founder - Vicisoft Technologies Pvt. Ltd
    • Research Analyst – SSKI
  • Other funds managed
    • ICICI Prudential R.I.G.H.T. (Rewards of Investing and Generation of Healthy Tax Savings) Fund
    • ICICI Prudential Balanced Advantage Fund – Equity Portion
    • ICICI Prudential Equity Savings Fund Series 1
    • ICICI Prudential Growth Fund – Series 1
    • ICICI Prudential Growth Fund – Series 3
    • ICICI Prudential Growth Fund – Series 7

Investment philosophy or strategy

The investment philosophy of this fund is to go in for a bottom up approach while giving the fund manager the freedom to select stocks from any sector.

Portfolio – Top 10 holdings

Sector Investment
Banks

•HDFC Bank Ltd. 8.98%

•ICICI Bank Ltd. 7.32%

•Axis Bank Ltd. 4.72%

•IndusInd Bank Ltd. 2.36%

•State Bank Of India 1.79%

•Punjab National Bank 1.26%

•Kotak Mahindra Bank Ltd. 0.87%

27.29%
Software

•Infosys Ltd. 5.36%

•Wipro Ltd. 3.12%

•HCL Technologies Ltd. 2.97%

13.9%
Auto

•Mahindra & Mahindra Ltd. 2.43%

•Mahindra & Mahindra Ltd. - Futures 0.14% (Dividends)

•Maruti Suzuki India Ltd. 2.34%

•Tata Motors Ltd. 1.97%

•Tata Motors Ltd. - DVR 1.17%

•Hero Motocorp Ltd. 1.02%

•Eicher Motors Ltd. 0.35%

9.27%
Finance

•Bajaj Finserv Ltd. 3.43%

•HDFC Ltd. 2.00%

•Mahindra & Mahindra Financial Services Ltd. 0.62%

•Reliance Capital Ltd. 0.59%

6.63%
Pharmaceuticals

•Dr. Reddy's Laboratories Ltd. 2.63%

•Divi's Laboratories Ltd. 1.96%

•Cipla Ltd. 1.26%

•Lupin Ltd. 0.78%

6.65%
Petroleum Products

•Reliance Industries Ltd. 3.62%

•Hindustan Petroleum Corporation Ltd. 1.38%

5%
Consumer Non Durables

•ITC Ltd. 3.58%

•ITC Ltd. - Futures 0.38% (Dividends)

•United Spirits Ltd. 1.77%

5.35%
Construction Project

•Larsen & Toubro Ltd. 3.19%

3.19%
Cement

•ACC Ltd. 1.75%

•Grasim Industries Ltd. 1.27%

•Grasim Industries Ltd. - Futures 0.21% (Dividends)

•Jaiprakash Associates Ltd. 0.11%

3.13%
Auto Ancillaries

•Motherson Sumi Systems Ltd. 2.70%

2.7%

Risk measures

Sharpe ratio 0.95
Alpha NA
Portfolio beta 0.95
Std deviation 13.21% (Annual)

Performance

AUM Rs. 8884.28 crores (As of 30 June 2015)
NAV Rs. 28.99 (As of 30 June 2015)
Expense ratio

•ICICI Prudential Focused Bluechip Equity Fund - Inst. Growth: 0.84

•ICICI Prudential Focused Bluechip Equity Fund - Direct Plan - Growth: 0.94

•ICICI Prudential Focused Bluechip Equity Fund - Regular Plan - Growth

  • First 100 crore - 2.5%
  • Next 300 crore - 2.25%
  • Next 300 crore - 2%
  • Balance - 1.75%

Returns

  2014-2015 (Absolute Returns) 2013-2014 (Absolute Returns) 2012-2013 (Absolute Returns) Since inception (value of Rs. 10,000 today)
Scheme 14.72% 40.31% 10.76% Rs. 28990
NIFTY 9.95% 30.28% 10.67% Rs. 16,917.85
NAV (in Rs.) 25.27 18.01 16.26 Assume Rs. 10

Expert view of the fund

This is a fund meant for wealth creation that can be done largely through investments in large cap companies. It has also, in the past, invested in some mid-cap companies and the returns that it has given since inception are in the range of 15.7% which is a return that is 6.2% higher than the returns given by its benchmark CNX Nifty. For investments that are made under SIP the ideal duration for investments can be 3 years and the investment can be made with the idea of leaving it in place for at least 5 years. There has been little to no change in the basic strategy applied to the management of this fund and it has consistently outperformed the benchmark.

How to apply

There are two ways to apply for the ICICI Prudential Focused Bluechip Equity Fund. The first is the offline method and the second is the online method. With the offline method investors can approach ICICI Prudential offices to get the application forms and submit them after having spoken to the representatives about the fund. This procedure can also be applied to investing in the fund through certified distributors of the fund. Payments for the offline option are allowed through cheques and demand drafts.

The online method is designed for convenience and quick investments where, both existing and new, investors can log into the site, provide their basic details, choose the fund the fund and then invest in it. The payments for investments through the online option can be made via NEFT/RTGS or through, debit cards and net banking.

Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

GST rate of 18% applicable for all financial services effective July 1, 2017.

Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

reTH65gcmBgCJ7k
This Page is BLOCKED as it is using Iframes.