ICICI Prudential Focused Bluechip Equity Fund

NAV Date 09-12-2019
Fund Name Category NAV NAV Change 1 year %
ICICI Pru Balanced Advantage Fund(G) Hybrid - Equity Oriented 37.53 0.0100 11.40
ICICI Pru Bluechip Fund(G) Equity - Large Cap 43.5 0.0200 10.72
ICICI Pru Equity & Debt Fund(G) Hybrid - Equity Oriented 136.46 0.1700 09.95
ICICI Pru LT Equity Fund (Tax Saving)(D) Equity - Tax Saving 20.23 0.0100 08.31
ICICI Pru Midcap Fund(G) Equity - Mid Cap 93.11 0.1800 02.25
ICICI Pru Multi-Asset Fund(G) Equity - Large Cap 269.85 0.5508 08.78
ICICI Pru Savings Fund(G) Debt - Liquid 380.13 0.0641 08.90
ICICI Pru Short Term Fund(G) Debt - Short Term Income 41.1 0.0005 09.71
ICICI Pru Value Discovery Fund(G) Equity - Large Cap 139.7 0.2400 02.52
ICICI Pru Child Care Fund-Gift Plan Hybrid - Equity Oriented 142.74 0.0200 08.78
ICICI Pru Child Care Fund-Gift Plan-Direct Plan Hybrid - Equity Oriented 150.75 0.0100 09.70
ICICI Pru Equity & Debt Fund(G)-Direct Plan Hybrid - Equity Oriented 146.79 0.1900 10.70
ICICI Pru FMCG Fund(G) Equity - FMCG 247.09 1.1000 08.18
ICICI Pru FMCG Fund(G)-Direct Plan Equity - FMCG 260.27 1.1400 09.31
ICICI Pru Floating Interest Fund(B) Debt - Ultra Short Term 148.66 0.0049 08.56
ICICI Pru Floating Interest Fund(D) Debt - Ultra Short Term 148.61 0.0048 08.52
ICICI Pru Floating Interest Fund(D)-Direct Plan Debt - Ultra Short Term 152.37 0.0043 09.73
ICICI Pru Floating Interest Fund(DP) Debt - Ultra Short Term 148.61 0.0048 08.52
ICICI Pru Floating Interest Fund(DP)-Direct Plan Debt - Ultra Short Term 152.37 0.0043 09.73
ICICI Pru Floating Interest Fund(G) Debt - Ultra Short Term 294.32 0.0095 08.52
ICICI Pru Floating Interest Fund(G)-Direct Plan Debt - Ultra Short Term 309.46 0.0088 09.37
ICICI Pru Floating Interest Fund-Option A(G) Debt - Ultra Short Term 294.66 0.0093 08.53
ICICI Pru Floating Interest Fund-Option B(G) Debt - Ultra Short Term 318.16 0.0100 08.53
ICICI Pru LT Equity Fund (Tax Saving)(G)-Direct Plan Equity - Tax Saving 407.04 0.2700 10.81
ICICI Pru Large & Mid Cap Fund(G) Equity - Large Cap 324.62 0.8300 07.24
ICICI Pru Large & Mid Cap Fund(G)-Direct Plan Equity - Large Cap 346.23 0.8600 08.18
ICICI Pru Liquid Fund(B)-Direct Plan Debt - Liquid 146.03 0.0239 06.81
ICICI Pru Liquid Fund(D) Debt - Liquid 145.24 0.0235 06.74
ICICI Pru Liquid Fund(D)-Direct Plan Debt - Liquid 145.68 0.0239 06.81
ICICI Pru Liquid Fund(DP)-Direct Plan Debt - Liquid 145.68 0.0239 06.81
ICICI Pru Liquid Fund(G) Debt - Liquid 287.53 0.0465 06.74
ICICI Pru Liquid Fund(G)-Direct Plan Debt - Liquid 288.71 0.0472 06.81
ICICI Pru Liquid Fund-Inst(G) Debt - Liquid 453.24 0.0691 06.35
ICICI Pru Liquid Fund-Inst-1(G) Debt - Liquid 270.08 0.0420 06.45
ICICI Pru Liquid Fund-Ret(G) Debt - Liquid 441.92 0.0674 06.35
ICICI Pru Money Market Fund(B)-Direct Plan Debt - Liquid 147.5 0.0700 08.26
ICICI Pru Money Market Fund(G) Debt - Liquid 272.62 0.1263 08.12
ICICI Pru Money Market Fund(G)-Direct Plan Debt - Liquid 274.25 0.1297 08.25
ICICI Pru Money Market-Ret(G) Debt - Liquid 299.68 0.1306 07.76
ICICI Pru Multi-Asset Fund(G)-Direct Plan Equity - Large Cap 285.81 0.5689 09.59
ICICI Pru Multicap Fund(G) Equity - Multi Cap 291.53 0.3000 07.12
ICICI Pru Multicap Fund(G)-Direct Plan Equity - Multi Cap 309.69 0.2900 08.16
ICICI Pru Savings Fund(B) Debt - Ultra Short Term 151.65 0.0255 08.90
ICICI Pru Savings Fund(D) Debt - Ultra Short Term 151.89 0.0256 08.90
ICICI Pru Savings Fund(D)-Direct Plan Debt - Ultra Short Term 153.27 0.0270 09.03
ICICI Pru Savings Fund(DP)-Direct Plan Debt - Ultra Short Term 153.27 0.0270 09.03
ICICI Pru Savings Fund(G)-Direct Plan Debt - Ultra Short Term 382.99 0.0674 09.03
ICICI Pru Savings Fund-Ret(G) Debt - Ultra Short Term 215.92 0.0235 08.11
ICICI Pru Sensex ETF Equity - ETF 430.94 0.4483 14.66
ICICI Pru Value Discovery Fund(G)-Direct Plan Equity - Multi Cap 148.94 0.2500 03.17
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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.

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