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  • 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

59.4

NAV (May 22)

17.2%
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 ->

Fund Size

Category Leader

The fund has been a Category Leader on the Fund Size metric

Outperformance Consistency

Good

The performance of the fund on a Outperformance Consistency metric has been Good

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

59.4

NAV (May 22)

Fund Returns

Last 1Y
19.2%
Last 3Y
11.3%
Last 5Y
17.2%
Last 10Y
14.4%
Since Inception
16.2%
6 Month CAGR
14.8%

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
Launched (12y ago)
Jul 06, 2012
AUM in Crores
3055.824
ISIN
INF109K01E35
Lock-in
No Lock-in
Benchmark
S&P 500 TR USD
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
18.2
Standard Deviation (5yr)
18.1
Beta (3yr)
1.01
Beta (5yr)
0.99
Sharpe Ratio (3yr)
0.293
Sharpe Ratio (5yr)
0.593
YTM
0
Fund Managers

Sharmila D'mello

Fund Manager

Rohan Maru

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
ICICI Prudential US Bluechip Equity Fund (Growth)70%11,28,347 3,95,73517.2%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 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 2024-05-22

Top Stock Holdings

alphabet inc class c

2.9%
2.9%

international flavors & fragrances inc

2.8%
2.8%

the estee lauder companies inc class a

2.6%
2.6%

campbell soup co

2.6%
2.6%

teradyne inc

2.5%
2.5%
See all holdings

Allocation by Sector

healthcare

20.2%
20.2%

industrials

16.5%
16.5%

technology

14.7%
14.7%

consumer defensive

12.4%
12.4%

financial services

12.3%
12.3%
See all sectors

Comparison with International Equity Funds

Fund NameFund SizeOutperformance Consistency
Kotak NASDAQ 100 Fund of Fund (G)
Kotak NASDAQ 100 Fund of Fund (G)

₹ 2,891 cr

₹ 3,055 cr

₹ 3,055 cr

₹ 3,055 cr

₹ 93 cr

amc-img

About the AMC

ICICI Prudential Asset Management Company Limited

ICICI Prudential Asset Management Company Limited manages assets worth 741,573 crores and was set up on 22 June 1993. It's current offering of mutual fund schemes includes 163 equity,554 debt and 65 hybrid funds.amc-img
phone-img022-26525000
Fund NameScripbox Opinion
Till Date CAGR

5.6%

7.1%

11.3%

16.2%

21.3%

15.5%

24.9%

20.6%

0.2%

11.7%

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.

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