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2 ICICI Prudential Mutual Funds Are Ranked 1 By Crisil
ICICI Prudential Bluechip Fund and ICICI Prudential Large & Mid Cap Fund are two equity schemes that have been ranked 1 or 5-star rated by Crisil. Crisil ranks equity schemes based on 5 parameters mean return, volatility, company concentration, industry concentration liquidity and time period of 3 years. Given below are the details of the schemes.
ICICI Prudential Bluechip Fund
ICICI Prudential Bluechip Fund is an equity large cap mutual fund that has managed to consistently outperform the benchmark over 3-years, 5- years, 7-years and 10years. The scheme has even given higher returns than the category as well. It is one of the top performing schemes in the category.
| Time period | ICICI Pru Bluechip | S&P BSE 100 TRI | Large Cap Category |
|---|---|---|---|
| 6 months | -0.41% | -4.19% | -5.41% |
| 1-year | 4.36% | 1.54% | 0.11% |
| 3-year | 28.14% | 26.93% | 24.76% |
| 5-year | 12.31% | 11.96% | 11.15% |
| 7-year | 14.51% | 13.61% | 12.79% |
| 10-year | 15.17% | 13.42% | 13.3% |
ICICI Prudential Bluechip Fund has a fund size of Rs 34,198.52 crore. If you did a monthly SIP of Rs 10,000 in this large cap equity scheme for 3 years, you would gain Rs 4.47 lakh at the end of the term. So for total investment amount of Rs 3.6 lakhs, you earn a return of 24.43%.
The scheme was launched in January 2013 under the direct growth plan and since then it has given a return of 14. 20%. The scheme is managed by Anish Tawakley and Vaibhav Dusad.
As per the portfolio construction, it has 93.83% allocation to equity, 0.42% to debt and 5.75% to cash and cash equivalents. The top three sector holdings include financials (28.03%), energy (12.97%) and technology (11.83%) among the total 15 sectors. The large cap scheme holds 71 stocks and top 5 stocks constitute 37.65% by weight, which includes heavyweights like ICICI Bank, Reliance, HDFC Bank, Infosys and Larsen & Toubro.
In terms of risk profile, the mean return is 19.41%, its sharpe ratio is 0.75% and has a beta of 0.94%. So, in term of risk-return proposition it is very high.
ICICI Prudential Large & Mid Cap Fund
ICICI Prudential Large & Mid Cap Fund is an equity mutual fund that primarily invested in stocks of large and mid cap companies. It has managed to consistently outperform the benchmark over 3-years, 5- years, 7-years and 10years. The scheme has even given higher returns than the category in 1 year, 3year, 5 and 7 year as well.
| Term | ICICI Large & Mid Cap Fund | S&P BSE Large Mid Cap TRI | Large & MidCap Category |
|---|---|---|---|
| 6 months | -0.99% | -5.9% | -4.87% |
| 1-year | 9.51% | 0.38% | 2.24% |
| 3-year | 33.15% | 26.84% | 28% |
| 5-year | 13.66% | 11.57% | 11.75% |
| 7-year | 15.29% | 13.48% | 14.33% |
| 10-year | 15.54% | 13.58% | 16.36% |
ICICI Prudential Large & Mid Cap Fund has a fund size of Rs 7,044.14 crore. If you did a monthly SIP of Rs 10,000 in this large and mid cap equity scheme for 3 years, you would gain Rs 4.86 lakh at the end of the term. So for total investment amount of Rs 3.6 lakhs, you earn a return of 34.88%.
The scheme was launched in January 2013 under the direct growth plan and since then it has given a return of 14. 50%. The scheme is managed by Ihab Dalwai.
As per the portfolio construction, it holds 92.62% in equity, 0.84% in debt and 6.54% in cash and cash equivalents. The top three sector holdings include financials (28.03%), energy (12.97%) and automobile (11.83%) among the total 14 sectors. This large and mid cap scheme holds 77 stocks and top 5 stocks constitute 23.21% by weight, which includes HDFC Bank, Bharti Airtel, ICICI Bank, NTPC and Reliance.
In terms of risk profile, the mean return is 23.71%, its sharpe ratio is 0.84% and has a high beta of 1.01. So, in term of risk-return proposition it is very high.
The funds considered are growth direct plans, the returns are taken from ValueResearch and ratings are from Crisil.
Disclaimer
Mutual fund investments are subject to market risk. The above-mentioned information is purely informational and doesn't guarantee any return. Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.
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