For the past few months, there has been a lot of instability in the equity market, which has seen a huge decline in large, mid and small cap index. However, despite this decline, many segments are offering many opportunities for long -term investment. In this, ICICI Prudential Bluechip Fund like Large-Cap Funds like strong performance can be a better option for big investors.
Despite the current instability in the market, ICICI Prudential Bluechip Fund remains an attractive and safe option for investors. It makes it the first choice of investors due to its strong hold in the large-cap sector and stable performance over years. By investing through SIP, it can be helpful in getting your financial taregut easily.
Large-cap funds prove to be a stable investment option for large investors and slight risk taking. ICICI Prudential Bluechip Fund has provided more than average returns over a period of 7 to 10 years. Investing in this fund from a systematic investment plan (SIP) helps to secure the financial target safely. This fund has been continuously beating the bluechip benchmark like Nifty 100 Tri.
ICICI Prudential Bluechip Fund has given better returns to its investors for many years. It has given 1.1 percent in a year, 16.7 percent in three years, 19.2 percent in five years and 12.9 percent in 10 years. 80-85% of funds are invested in large-cap shares. Limited but strategic investment of mid-cap: 5-10% investment is made in the mid-cap sector. Major sectors include banking, IT, petroleum, automobile and construction projects. The fund house invests minimum in weak sectors such as FMCG and cement sector.
The upside capture ratio of this fund is 100.8 and the downside capture ratio is 74.3, which shows that it also performs better in the market fall. Funds from 7 to 10% are preserved as cash, causing market uncertainties. This fund proves better for those investors who are planning to invest for a longer period.
They are willing to take a little risk and are looking for safe and stable returns, they want to invest in Bluechip Stocks. If we look at the investment made through SIP, in 10 years, the bluechip fund of this fund house has given returns at the rate of 15.3 percent. It has a balanced investment in largecap. There is also a balanced performance in the unstable market and also a strong benchmark beating track record.