Review: ICICI Prudential US Bluechip Equity Fund

ICICI Prudential US Bluechip Equity Fund is an open-ended scheme investing in stocks of large-cap companies listed in the United States of America.

Key Takeaways

  • The fund is directly correlated with the U.S. markets & economy.
  • Has a good track record of returns since launch.
  • The fund owns a well-diversified basket of stocks listed in the U.S.
  • Investors need to take into account the risk of big currency movements while investing in this fund.
  • It provides a good geographical diversification option for Indian investors.
  • Suitable for long term only. (More than 5 years).

Scheme Focus:

ICICI Prudential US Bluechip Equity Fund invests in large-cap companies listed on American stock exchanges. The goal is for long term capital appreciation over the long term.

Returns: (As of 24/01/20)

Since Launch: 17.68%

3 Yr: 17.93%

5 Yr: 15.43%

Top 5 Holdings:

  1. Amazon.Com Inc. (USA)
  2. Kellogg Company
  3. Microchip Technology Inc. (USA)
  4. Altria Group Inc.
  5. Nike Inc.

Other Scheme Details:

Expense Ratio: 1.78% (As on 31/12/19)

Minimum Investment: Rs. 5000

Exit Load: 1% for redemption before 30 days. 

Fund Managers: Rohan Maru, Priyanka Khandelwal

More details on Fund Website

(All return percentages are for the Direct Plan-Growth Option)

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