• Mutual Funds
  • ICICI Mutual Fund
  • ICICI Prudential US Bluechip Equity Fund (Growth)

Formerly ICICI Pru US Bluechip Equity Reg Gr

ICICI Mutual Fund

ICICI Prudential US Bluechip Equity Fund (Growth)

International EquityUS Equity

Recommended

Top Ranked

41.17

NAV (May 19)

15.1%
5 Year CAGR
Scripbox Opinion

Recommended

ICICI Prudential US Bluechip Equity Fund (Growth) is recommended for investment within us equity mutual funds.

Us equity funds provides exposure to international markets and is suitable for investment objectives with duration specific to the fund category.

Our analysis of this fundLearn how we rate funds ->

Track Record

10 Years. The Fund has Sufficient history for analysis and the track record is good.

Relative Size

1,935 Cr. Large within the category

Category View

Superior. The category has a superior investment outlook

Consistency Of Performance

Relatively moderate. The historical performance of the fund has been OK

Invest in this fund

Scripbox Recommended US Equity Funds

Want the US equity funds that are right for your long term equity investment needs?

Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

41.17

NAV (May 19)

Fund Returns

Last 1Y

-3.5%

Last 3Y

15.1%

Last 5Y

15.1%

Last 10Y

NA

Since Inception

15.4%

6 Month CAGR

-11.5%

Scheme Information

Investment Objective

The investment objective of ICICI Prudential US Bluechip Equity Fund is to provide long term capital appreciation to investors by primarily investing in equity and equity related securities of companies listed on recognized stock exchanges in the United States of America. The Scheme shall also invest in ADRs/GDRs issued by Indian and foreign companies. However,there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.

Expense Ratio

2.25

Launched (10y ago)

Jul 06, 2012

AUM in Crores

1934.971

ISIN

INF109K01E35

Lock-in

No Lock-in

Benchmark

S&P 500 TR USD

SIP Minimum

0

Lumpsum Min.

5000

Fund Managers

Rohan Maru

Fund Manager

Priyanka Khandelwal

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2022-05-19

Top Stock Holdings

merck & co inc

3.2%
3.2%

kellogg co

3%
3%

campbell soup co

2.9%
2.9%

constellation brands inc class a

2.8%
2.8%

medtronic plc

2.8%
2.8%
See all holdings
allocation by market cap

Allocation by Sector

technology

23.4%
23.4%

healthcare

15.5%
15.5%

consumer defensive

15.1%
15.1%

industrials

13.9%
13.9%

communication services

10.8%
10.8%
See all sectors

Comparison with International Equity Funds

Fund NameScripbox OpinionFund SizeTrack Record
Franklin India Feeder Franklin U S Opportunities Fund (G)
Franklin India Feeder Franklin U S Opportunities Fund (G)

₹ 3,262 cr

4

₹ 1,934 cr

4

₹ 38 cr

5

₹ 38 cr

5

₹ 38 cr

5

About the AMC

ICICI Prudential Asset Management Company Limited

ICICI Prudential Asset Management Company Limited manages assets worth 492,046 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 116 equity,526 debt and 64 hybrid funds.

amc-img

  • 022-26525000
  • enquiry@icicipruamc.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    4.2%

    7.2%

    15.1%

    15.4%

    5%

    5.9%

    6.4%

    6.9%

    6.4%

    7.5%

    Investment Calculator

    Investment Duration5 years

    0

    Total Investment

    0

    Wealth Gained

    0

    Total Corpus Created (₹)

    With CAGR of 11.25 % in 5 years

    ICICI Prudential US Bluechip Equity Fund (Growth) is an open ended equity scheme investing predominantly in securities of large cap companies listed in the United States of America. The fund’s objective is to provide long term capital appreciation to investors. The fund provides its Indian investors with an opportunity to invest in US companies through an investment in the fund. Bluechip mutual funds are funds that invest in blue-chip companies or large market capitalisation companies. Such companies have excellent historical performance and better potential for growth in future. The ideal minimum investment horizon for these funds is 5 years. The fund is suitable for an investor whose aim is to build long term wealth through exposure to equities listed on the US stock market. 

    Investment Objective of ICICI Prudential US Bluechip Equity Fund (Growth)

    The investment objective of ICICI Prudential US Bluechip Equity Fund (Growth) is to provide long term wealth creation and appreciation. Owing to its investment objective the fund invests in blue-chip companies listed on the US stock market. Such companies are global leaders and renowned brands. They may also have a presence in India but are not listed on Indian stock exchanges. Along with investment in US stocks, the scheme invests in ADRs/GDRs issued by Indian and foreign companies. 

    While selecting these companies the scheme employs both top-down as well as bottom-up approaches without restricting to a particular sector. The fund invests a minimum of 95% of its assets in equity and equity-related instruments and securities across sectors including technology, healthcare, consumer services, industrials, and financial services. 

    Scheme Details of ICICI Prudential US Bluechip Equity Fund (Growth)

    On 6th July 2012, ICICI Prudential Asset Management Company Limited had launched ICICI Prudential US Bluechip Equity Fund (Growth). The fund has been in existence for the past 10 years. 

    NAV and Returns – The NAV of the fund as of 4th April 2022 is Rs  46.44. The risk-o-meter of the fund is very high risk. Hence, an investor must understand that their principal investment amount will be at very high risk. Owing to the fund’s exposure to US equities, an investor may expect volatility in their investments over the short term. ICICI Prudential US Bluechip Equity Fund (Growth) is a 10-year-old fund. Since its inception, the scheme has delivered a return of 17.10%.

    Minimum Investment – The minimum amount for a lump sum investment is Rs 5,000

    Expense Ratio and Exit Load – The fund charges an expense ratio of 2.25% on the units of the mutual funds. The fund charges an exit load of 1% for units if the investment is redeemed or switched within 1 year from the date of allotment of units of the fund. 

    Fund Manager – The fund is managed by Priyanka Khandelwal, Rohan Maru. Ms Khandelwal is a Company Secretary and Chartered Accountant. Since October 2014, she has been with ICICI Prudential Mutual Fund. Mr Maru holds a master’s degree in commerce and a master’s degree in business administration in finance. Prior to joining ICICI Prudential Mutual Fund, he worked as a Fixed Income Dealer for Kotak Mahindra AMC and as a Research Associate for Integreon Managed Solutions.

    Other Details – There is no lock-in period for the scheme. So, an investor can redeem an investment anytime without any redemption limit. As of 4th April 2022, the AUM of ICICI Prudential US Bluechip Equity Fund (Growth) is Rs 2,074.026 cr. The fund benchmarks to S&P 500 TR USD. This fund is meant for investors with a minimum investment horizon of 5 years. 

    Growth Review

    Scripbox recommends ICICI Pru US Bluechip Equity Fund (Growth) for investment within the US Equity mutual fund category. US equity mutual funds provide exposure to international markets. Additionally, it provides long-term appreciation over the investment horizon. US equity mutual funds are suitable for a diversified investment in US markets coupled with wealth creation. Moreover, the fund is suitable for an investment duration of 5 years or longer to fulfil these investment goals.

    This fund primarily invests in shares of US companies that are listed on a recognized stock exchange in the USA. The fund has delivered 21% average rolling return in both one year and three-year periods. The fund has the second highest AUM in this category. The fund AUM has increased 4 times within two years. The funds AUM stood at Rs 2097 Cr as in Feb 2022.

    The Quarterly outperformance count of this fund was good among international funds. The quarterly outperformance count measures the number of quarters that fund outperformed its category average. In addition to that fund.

    The funds information ratio was quite good compared to its peers. This Fund also recommends the diversification of the portfolio.

    1. With a past performance of 10 years, the fund has an excellent history for analysis. Moreover, the fund’s track record has been good over these years. 
    2. With an AUM or relative size of Rs 2,075 cr, the scheme’s relative size is large within the category of US Bluechip Equity Fund.
    3. Over these years, the fund has performed well providing inflation beating return on investment over the long term in agreement with its investment objectives.

    Fund Performance

    Annualised Returns

    PeriodReturns
    5 Years18%
    3 Years19.70%
    1 Year10.90%
    The mentioned data is as of 4th April 2022

    Performance Ratio

    Standard Deviation20.25%
    Portfolio Beta0.76
    Treynor’s Ratio0.22
    Sharpe Ratio0.82
    The mentioned data is as of 4th April 2022

    Asset Allocation

    Asset Allocation as per Asset Type

    Asset Type (Equity vs Debt)Weightage
    Equity98.90%
    Debt & Cash1.10%
    The mentioned data is as of 4th April 2022

    Asset Allocation As per Sector

    SectorPercentage of Holding
    Technology20%
    Industrials16.50%
    Healthcare16.40%
    Consumer Defensive15.40%
    Consumer Services10.30%
    Financial Services7.20%
    Consumer Cyclical7.10%
    Energy2.30%
    Basic Materials2%
    Utilities1.50%
    The mentioned data is as of 4th April 2022

    Frequently Asked Questions

    Should I invest in ICICI Prudential US Bluechip Equity Fund (Growth)?

    ICICI Prudential US Bluechip Equity Fund (Growth) is an open ended equity oriented scheme investing primarily in stocks of large cap companies listed on the New York Stock Exchange and/or NASDAQ. Furthermore, the scheme is benchmarked to S&P 500. The Scheme invests in blue-chip companies mostly from the S&P 500 universe. Such companies have a market capitalisation of at least $4 billion at the time of investing. Such businesses may have long-term competitive advantages over their competitors. The Scheme may invest in global leaders and well-known brands that have a presence in India but are not listed on the Indian stock exchanges. The scheme adopts a combined investment strategy of top-down and bottom-up approaches with no preference for one sector over another. 
    The scheme is suitable for investors who want to invest in equities that are not listed in India but are traded in the United States. This program is suitable for those who want to invest in global large size firms. The plan allows you to invest in well-known and competitive businesses. However, the fund is subject to volatility and market conditions. Hence, an investor must understand the associated risks and then make an informed decision.

    What is the expense ratio on ICICI Prudential US Bluechip Equity Fund (Growth)?

    The ICICI Prudential US Bluechip Equity Fund (Growth) charges an expense ratio of 2.25%

    Does ICICI Prudential US Bluechip Equity Fund (Growth) charge an exit load?

    Yes, ICICI Prudential US Bluechip Equity Fund (Growth) charges an exit load. The exit load is 1% for units if the investment is redeemed or switched within 1 year from the date of allotment of units of the fund. 

    What is the AUM of ICICI Prudential US Bluechip Equity Fund (Growth)?

    As of 4th April 2022, the AUM of ICICI Prudential US Bluechip Equity Fund (Growth) is Rs 2,074.026 crores.

    Discover More Funds