ICICI Prudential Focused Bluechip Equity Fund Review

 

ICICI prudential Focused Bluechip Equity Fund Review

ICICI prudential Focused Bluechip Equity fund is the largecap fund which will primarily invest only in the largecap Bluechip companies of the Indian stock market.

Over all, it is the Equity diversified mutual fund which has invested in all the sectors of the economy with the top 5 being Financial, Energey, Technology, Automobiles & Metals.

In past 1 year, the fund has given 24% return in comparison to the category average 16% which is really an extra-ordinary return.

I personally advise you to go for this fund. This is because it is a diversified mutual fund plus it primarily invests in largecap stocks only and not in the midcap stocks.

Thus, this fund can provide a stability to your portfolio in the long run. I have watched its fund rating on Valueresearchonline.com but the fund is not rated yet because its a new one.

But I am sure that this fund will get 4 or even 5 star in the future because it is a well managed fund.

Many people ask me that which type of funds should be the core funds of their portfolio? Well, in my opinion, this is the right fund (Bluechip Fund) as a core fund in your portfolio.

However, if your age is young than also consider adding more midcap funds for a better growth of your wealth. So in short, go for this fund. This is really a good fund.