ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund)
Direct–Growth is the plan and option we treat as this fund's main page, so search engines are pointed there. Everything below is this filing's own data.
This scheme has not published a NAV since 24 Apr 2020 — 6.5 years ago. It has most likely matured, merged or been wound up, so every figure below is a record of what it did up to that date, not a current price. Do not read it as a fund you can buy today.
Fund basics
Everything the NAV says
Computed from 2,926 published NAVs between 26 May 2008 and 24 Apr 2020 — 11.9 years of history. Nothing here is an estimate; it is arithmetic on what the fund actually printed.
How it has moved
Return over time (%)
| Fund name | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y | Since launch |
|---|---|---|---|---|---|---|---|---|---|
| ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund) Regular | 10.59 | -24.70 | -20.06 | -19.28 | 0.16 | 4.38 | 10.43 | 9.92 | 11.74 |
| NIFTY 100 TRI benchmark | -6.50 | -6.49 | 1.68 | -6.82 | 7.47 | 6.95 | 11.99 | 11.58 | 13.28 |
| Large Cap category median · 37 funds | — | — | — | -5.98 | 7.76 | 6.87 | — | 10.99 | — |
Anything over a year is annualised (CAGR); shorter windows are absolute. The benchmark row is the index's own Total Return Index, as published by NSE, measured to 24 Apr 2020. The category row is the median Regular plan in Large Cap — the middle fund, not a ranking, and a median rather than an average so that one mis-stated scheme cannot move it. As on 24 Apr 2020.
Risk measures
| Fund name | Volatility | Sharpe | Sortino | Beta | Alpha | Max fall |
|---|---|---|---|---|---|---|
| ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund) Regular | 18.20 | -0.35 | -0.40 | 0.86 | -3.41 | -39.86 |
| NIFTY 100 TRI benchmark | 14.83 | 0.07 | 0.09 | — | — | -37.92 |
Risk-free rate 6.5%. The benchmark row is the index's NSE Total Return Index. Beta and alpha need the index as a reference, so the benchmark's own row leaves them blank.
Risk
| Volatility | Downside volatility | Sharpe | Sortino |
|---|---|---|---|
| 18.2% | 15.7% | -0.35 | -0.40 |
Risk-free rate 6.5%, roughly the 10-year government bond.
The worst it has been
| Deepest fall | Time to recover | Today, from its peak |
|---|---|---|
| -39.9% | 7 months | -24.9% |
A drawdown is the fall from a previous high to the low that followed it. It is the number that decides whether somebody stays invested — a fund can have an excellent ten-year return and still have been unbearable to hold in year four.
Every one-year period it has lived through
| Best year | Median year | Worst year | Losing years |
|---|---|---|---|
| 116.3% | 14.3% | -31.7% | 15% |
Rolling returns ask a fairer question than a single five-year figure: not "what did it do from this one start date", but "what happened across every start date". A fund whose worst year is −45% is a different proposition from one whose worst is −8%, even if the averages match.
Calendar years
If you had run a SIP
₹10,000 every month for five years — ₹600,000 invested in all — would be worth ₹593,533 today, an XIRR of -0.43% a year.
XIRR, not CAGR. A SIP's money arrives over sixty months, so most of it has been invested for far less than five years — which is why this figure normally sits below the five-year CAGR above in a rising market, and above it in a falling one. It is the return the investor got, not the return the fund got.
How it compares in its category
Against the Large Cap Regular schemes with the highest three-year return. Same category, same plan — the only comparison that means anything. The list re-sorts itself as returns move; it is an ordering by one number, not a view on which fund anyone should hold.
| Scheme | Return | Alpha | Beta | Volatility | Sharpe | Max fall |
|---|---|---|---|---|---|---|
| ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund) ICICI Prudential Mutual Fund · this scheme | 0.2% | -3.4% | 0.86 | 18.2% | -0.35 | -39.9% |
| Taurus Large Cap Fund Taurus Mutual Fund | 12.7% | 5.7% | 0.92 | 14.8% | 0.42 | -67.8% |
| Invesco India Large Cap Fund Invesco Mutual Fund | 11.0% | 3.6% | 1.06 | 16.1% | 0.28 | -36.9% |
| quant Large Cap Fund quant Mutual Fund | 10.8% | 3.4% | 1.08 | 17.6% | 0.24 | -21.6% |
| BANDHAN LARGE CAP FUND Bandhan Mutual Fund | 10.2% | 3.0% | 1.01 | 15.2% | 0.24 | -43.8% |
| WhiteOak Capital Large Cap Fund WhiteOak Capital Mutual Fund | 10.1% | 2.8% | 0.93 | 14.1% | 0.25 | -15.8% |
| BANK OF INDIA LARGE CAP FUND Bank of India Mutual Fund | 9.6% | 2.1% | 1.04 | 16.2% | 0.19 | -23.2% |
| Nippon India Large Cap Fund Nippon India Mutual Fund | 8.7% | 1.7% | 0.94 | 14.2% | 0.16 | -56.9% |
| BARODA BNP PARIBAS LARGE CAP FUND Baroda BNP Paribas Mutual Fund | 8.7% | 1.5% | 0.99 | 15.0% | 0.15 | -18.6% |
Alpha and beta are against NIFTY 100 TRI. Max fall is the deepest peak-to-trough drop in each fund's own history, so a longer-running fund has had more chances to record a bad one. Click a column to sort. This is a sort, not a ranking, and nothing here is a recommendation.
What a Large Cap scheme is
Funds that must keep at least 80% in India's 100 biggest listed companies.
The steadiest way to own Indian equity. These are businesses everybody already researches, so a manager rarely finds a bargain nobody else has seen — which is exactly why so many large-cap funds struggle to beat their index after fees.
Who it suits. Somebody making their first equity investment, or anybody who wants equity returns without the swings of smaller companies.
How long money should stay. 5 years or more.
Questions people ask
What is the NAV of ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund) — —?
₹37.5900 as on 24 Apr 2020, from AMFI's daily NAV file. NAV is declared once each business day after markets close, so the figure here is the most recent one published.
What is the difference between the Direct and Regular plan of ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund)?
They hold the identical portfolio, run by the same manager. A Regular plan pays a distributor commission out of the fund, inside its expense ratio — commonly 0.5% to 1.2% a year more than Direct. That difference is charged on the whole balance every year, so it compounds. As an illustration, not a forecast: ₹1,00,000 invested for ten years at 12% a year ends at about ₹3.11 lakh, but at 10.5% — a 1.5 percentage-point gap and nothing else changed — it ends at about ₹2.71 lakh, roughly ₹40,000 less. The longer you hold, the wider the gap. Direct is the same fund without the commission.
What does the option mean?
An IDCW option pays part of the fund's gains out to you, and the NAV falls by exactly what it pays. It is not extra return — it is your own money returned, taxed at your slab rate. That also means a return computed from NAV alone understates an IDCW scheme, which is why no CAGR is shown here for it.
What kind of scheme is this?
Funds that must keep at least 80% in India's 100 biggest listed companies. The steadiest way to own Indian equity. These are businesses everybody already researches, so a manager rarely finds a bargain nobody else has seen — which is exactly why so many large-cap funds struggle to beat their index after fees.
How long should money stay in it?
Typically 5 years or more. Somebody making their first equity investment, or anybody who wants equity returns without the swings of smaller companies.