ICICI Focused Bluechip Equity Fund

The portfolio is diversified across financial, energy, technology, and construction sectors. Some of the stocks in the portfolio comprise ICICI Bank, Infosys Technologies, HDFC Bank, and Reliance Industries. While the stocks selected are common with the benchmark Nifty 100 TRI, the proportion of the stocks in the portfolio may vary.

ICICI Focused Bluechip Fund offers investment in these categories:

• Direct – Growth
• Direct – Income Distribution cum Capital Withdrawal (IDCW) 
• Regular – Growth
• Regular – IDCW

Investment Facts

Investment Objective

ICICI Focused Bluechip Fund aims to create long-term wealth by primarily investing in large market capitalization companies. Investors would appreciate that there can be no guarantee of achievement of the investment objective over long periods.

The Fund operates under ICICI Prudential Asset Management Company, which has previously helped investors generate long-term wealth for decades. 

Fund Summary

1. ICICI Focused Bluechip Fund Direct Plan-Growth

   • Risk level-Very High
   • NAV-Rs.62.05 as of 02.07.2021 (As of 31-May-2021)
   • Expense Ratio-1.14%
   • Fund Started-02.01.2013

2. ICICI Focused Bluechip Fund Direct Plan IDCW

   • Risk level-Very High
   • NAV-Rs.39.79 as of 02.07.2021 (As of 31-May-2021)
   • Expense Ratio-1.14%
   • Fund Started-02.01.2013

3. ICICI Focused Bluechip Fund Regular Plan-Growth

   • Risk level-Very High
   • NAV-Rs.57.87 as of 02.07.2021
   • Expense Ratio-1.73% (As of 31-May-2021)
   • Fund Started-23.05.2008

4. ICICI Focused Bluechip Fund Regular Plan IDCW

   • Risk level-Very High
   • NAV-Rs.24.12 as of 02.07.2021
   • Expense Ratio-1.73% (As of 31-May-2021)
   • Fund Started-23.05.2008

Fund Returns Summary

1. ICICI Focused Bluechip Fund Direct Plan-Growth - Returns Summary

   Period	Returns Per Year (Annualized)
   6 Months	14.74%
   1 year	50.06%
   2 years	15.89%
   3 years	14.43%
   5 years	14.65%
   Since Inception	15.26%

2. ICICI Focused Bluechip Fund Direct Plan IDCW - Returns Summary 

   Period	Returns Per Year (Annualized)
   6 Months	14.35%
   1 year	49.55%
   2 years	15.18%
   3 years	13.55%
   5 years	13.93%
   Since Inception	14.67%

3. ICICI Focused Bluechip Fund Regular Plan-Growth - Returns Summary

   Period	Returns Per Year (Annualized)
   6 Months	14.41%
   1 year	49.15%
   2 years	15.17%
   3 years	13.64%
   5 years	13.73%
   10-years	13.23%
   Since Inception	14.32%

4. ICICI Focused Bluechip Fund Regular Plan IDCW - Returns Summary

   Period	Returns Per Year (Annualized)
   6 Months	13.41%
   1 year	47.84%
   2 years	13.78%
   3 years	12.03%
   5 years	12.25%
   10-years	12.22%
   Since Inception	13.52%

Summative Pros and Cons

Benefits of ICICI Focused Bluechip Fund

Investment in ICICI Focused Bluechip Fund provides several benefits as follows:

• Wealth Creation Tool: The Fund is a proven investment tool to fulfil long-term wealth creation goals. Being a large-cap equity fund, one should invest in this Fund for a period not less than five years.
• Good Track Record: The Fund House has a proven track record of 20+ years, with a good history of successful investment. Mr Sankaran Naren - Chief Investment Officer - is associated with the Fund House for more than 15 years and has industry experience of over 30 years.
• Equity Benefit: The asset class of equity is known to perform better in beating inflation than gold and debt class. ICICI Focused Bluechip Fund invests in shares of large-cap companies, which offer more stability in the volatile market as compared to small-cap and mid-cap companies.

Fund House Details

ICICI Focused Bluechip Fund is managed by the Fund House, ICICI Prudential Mutual Fund, which is set up as a Trust. Its AMC is ICICI Prudential Asset Management Company Limited that manages all the schemes of the Fund. 

The shareholders of the Fund House are:

• ICICI Bank: 51% holdings
• Prudential Plc: 49% holdings

Fund Managers

• Mr Rajat Chandak (since 14-Jul-2017)
• Mr Vaibhav Dusad (since 16-Jan-2021)
• Mr Anish Tawakley (since 05-Sep-2018)

Who Should Invest in ICICI Focused Bluechip Fund?

The ICICI Focused Bluechip Fund provides capital wealth creation in the long term for its investors. It is suitable for the following investors who look for:

• Aggressive Investment: The Fund is a high-risk category fund. This makes it vulnerable to NAV fluctuations in the short to medium term. Hence, it will be suitable for investors who look for aggressive equity investment. 

• Long-term wealth creation:  The Fund generates long-term capital growth as it invests primarily in more prominent companies. It invests in a diversified portfolio of equity shares of large-cap companies as per SEBI Regulations.

In Conclusion

ICICI Focused Bluechip Fund - a large-cap fund - has the potential to create good returns for its investors. The Fund mainly invests in large-cap companies common with the benchmark Nifty 50 and Sensex. It has the most liquid stocks that are less prone to market volatility than other stocks.

FAQ's