Updated on October 17, 2020 , 1733 views ICICI Prudential Bluechip Fund and Aditya Birla Sun Life Frontline Equity Fund both the schemes are a part of large-cap category of equity fund. In simple terms, Large cap funds invest their money in shares of companies whose market capitalization is more than INR 10,000 Crores. These companies have a good reputation in their field and are also known as bluechip companies. They are huge in terms of size, human capital and market capitalization. Large-cap funds generally earn
steady returns and profits as they invest in large businesses. These schemes are a good option for long-term investment. Though belong to the same category yet; numerous differences exist between them. So, let us understand these differences through this article. Aditya Birla Sun Life (ABSL) Frontline Equity Fund’s objective is to attain long-term capital appreciation. It tries to attain this objective by Investing the entire fund money in equity and equity-related instruments of various sectors that form part of its benchmark index. ABSL Frontline Equity
Fund uses S&P BSE 200 index as its base to build its portfolio. Some of the top constituents of this scheme as on March 31, 2018, include HDFC Bank Limited, ICICI Bank Limited, ITC Limited, and Infosys Limited. Some of the highlights of ABSL Frontline Equity Fund are an investment in promising companies across industries, disciplined method of investing across various sectors, and wealth creation through equity investments. Mr. Mahesh Patil is the sole fund manager managing ABSL Frontline Equity Fund. ## Aditya Birla Sun
Life Frontline Equity Fund Vs ICICI Prudential Bluechip There are a number of differences that exist between both the schemes though they form part of the same category. So, let’s look at the differences between these schemes that are classified into four section, namely, basics section, It is the first section in the comparison that includes comparable parameters such as Fincash Rating, scheme category, and current NAV. To begin with Fincash Rating, it can be said that both the schemes are rated as 4-Star schemes.
Even the comparison of scheme category shows that both the schemes belong to the same category or Equity Large Cap. However, on account of NAV, both the schemes differ significantly. As on April 30, 2018, the NAV of ABSL Frontline Equity Fund was approximately INR 220 while of ICICI Prudential Bluechip Fund was around INR 40. The comparison of basics section is as ICICI Prudential Bluechip Fund ₹42.44 ↑ 0.46 (1.10 %) ₹23,423 on 30 Sep 20 23 May 08 1.79 -0.12 -0.67 -2.84 Being
the second section, it compares the Compounded Annual Growth Rate or CAGR returns between both the schemes at different time intervals. The analysis of the performance section reveals that, in certain instances, ABSL’s scheme has done better while in others, ICICI Prudential’s scheme has performed well. The summary comparison of the performance section is tabulated as follows. 1% 6.3% 21.7% -1.1% 12.4% This section analyzes the differences between the absolute returns generated by both the schemes for a particular year. The comparison of yearly performance
section also reveals that for certain years, Aditya Birla Sun Life Frontline Equity Fund leads the race, while for other years, ICICI Prudential Bluechip Fund leads the race. The table given below shows the summary comparison of the yearly performance section.
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Icici prudential bluechip fund providing stability in the long run
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3 Icici Prudential Bluechip Fund
This fund primarily invests in large cap companies with quality management, good growth potential, strong fundamentals and a proven track record. It follows the ‘benchmark hugging’ strategy to ensure portfolio diversification and reduce concentration risk. It adopts a ‘buy and hold’ approach for investing while using bottom-up approach for stock selection. The fund also takes aggressive exposure to high conviction scrips to generate higher
Icici Pru Bluechip Fund G
Icici Prudential Bluechip Fund Vs Mirae Asset India Equity Fund
Updated on October 17, 2020 , 1603 views ICICI Prudential Bluechip Fund and Mirae Asset India Equity Fund both are a part of Large Cap Equity Funds. Large cap funds invest their accumulated pooled in shares of companies whose market capitalization is more than INR 10,000 crores. They are also known as bluechip companies. These companies provide a steady growth and returns and are considered as market leaders in their respective industry. Moreover, when the economy does not perform well, a number of investors try to switch their investments towards large cap companies. Though ICICI Prudential Bluechip Fund and Mirae Asset India Equity Fund are a part of the same category of Mutual Funds, nevertheless; they exhibit different attributes. So, let us understand the differences between both the schemes based on various parameters. Bluechip Equity Fund) is managed by ICICI Prudential Mutual Fund. This open- ended large-cap fund was launched on May 23, 2008, and it uses Nifty 50 Index as its base for building its portfolio. The objective of ICICI Prudential Bluechip Fund is to achieve capital appreciation in the long-term tenure by predominantly Investing in equity and equity-related instruments of companies belonging to the large-cap domain. Maruti Suzuki India Limited, Eicher Motors Limited, ICICI Bank Limited, and Larsen & Toubro Limited are some of the constituents of ICICI Prudential Bluechip Fund as on March 31, 2018. The scheme follows a benchmark hugging strategy which ensures that the portfolio is well-diversified thereby reducing the overall risk.
About Icici Prudential Us Bluechip Equity Fund Dividend Reinvestment
Icici Prudential Bluechip Fund Dividend Payout Annually Sip
Icici Prudential Bluechip Dividend Option Mutual Fund Icici-prudential- bluechip-fund-dividend-payout ICICI Prudential Bluechip Fund Direct Dividend ICICI Prudential Bluechip Fund Direct Dividend is a Equity Mutual Fund Scheme investors on 01 Jan 2013. S Naren, Rajat Chandak is the Current Fund Manager of ICICI Prudential Bluechip Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹23,423 Cr and the Latest NAV as of 20 Oct 2020 is ₹31.08. The ICICI Prudential Bluechip Fund Direct Dividend is rated Moderately High Services, internet banking, phone banking
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