The ICICI Prudential Bluechip Fund is an open-ended equity mutual fund that is actively managed. The fund invests predominantly in equity stocks of large-cap companies that demonstrate sustainable business practices and are highly profitable. The fund closely follows its benchmark, having a highly diversified portfolio across market sectors.
To generate long term capital appreciation and income distribution to investors from a portfolio that is predominantly invested in equity and equity related securities of large cap companies. However, there can be no assurance or guarantee that the investment objective of the Scheme would be achieved.
This product is suitable for investors who are seeking
• A focused large cap equity fund that aims for growth by
• investing in companies in the large cap category.
The fund has been repeatedly delivering on consistent returns while outperforming its benchmark by around 2-3% on 5yearly basis. This is when the fund is closely following its benchmark. This quality of the fund and its Star Performing Fund Managers S Naren and Rajat Chandak will provide the investors with stable returns in future though not be able to generate that additional alpha due to its low exposure to midcap category.