Large companies perform well in the changing market. As they are the market players, they always make their investors be on the safer side by avoiding high risks. You may have a diversified portfolio while investing in a variety of stocks available in the market segment and asset classes.
Their stable and steady returns for the long term invite more investors to invest in large-cap funds. They are comparatively low at risk when considering mid or small-cap funds. Stock investment is an individual’s wish besides they are subject to market risk also.
ICICI Prudential Bluechip fund and Canara Robeco Bluechip: Overview
| S.No | Aspect | ICICI Prudential Bluechip Fund | Canara Robeco Bluechip Fund |
|---|---|---|---|
|
1 |
Start Date |
October 1, 2001 |
January 2, 2013 |
|
2 |
Fund Category |
Large Cap Equity |
Large Cap Equity |
|
3 |
AUM Value |
Rs. 51,554 Crores (as of April 3, 2024) |
Rs. 12,185 Crores (as of April 3, 2024) |
|
4 |
Expense Ratio |
0.83% |
0.48% |
|
5 |
Fund Manager |
Mr. Anish Tawakley |
Mr. Vishal Mishra |
|
6 |
Top Holdings |
|
1. HDFC Bank Ltd. |
|
7 |
Key Insights |
Outperforms its benchmark and offers additional benefits. Suitable for investors seeking stable returns over the long term. |
Maintains stable performance. Consider analyzing features and benefits to maximize long-term profit. |
ICICI Prudential Bluechip fund and Canara Robeco Bluechip – Performance
- Performance of ICICI Prudential Bluechip fund
Returns and ranks as of 4th April 2024
| Period | 6 months | 1 Year | 3 Year | 5 year | Returns |
|---|---|---|---|---|---|
|
Scheme |
23.66% |
42.88% |
21.71% |
18.67% |
16.64% |
|
Nifty 100 |
19.77% |
34.54% |
15.61% |
14.56% |
N/A |
- Performance of Canara Robeco Bluechip fund
Trailing Returns as of 5th April 2024
| Period | 1 month | 3 months | 6 months | 1 year | 3 year | 5 year | 10 year |
|---|---|---|---|---|---|---|---|
|
Scheme |
2.07% |
6.43% |
18.6% |
34.5% |
17.58% |
18.86% |
16.64% |
|
Category Average |
1.49% |
6.55%
|
20.02% |
37.74% |
18.56% |
16.64%
|
15.77% |
By comparing these two blue-chip funds, the Canara Robeco Bluechip Fund stands out by outperforming every other blue-chip fund. Most people like to invest in large-cap funds because they provide great returns for those who hold their investments for nearly 5-10 years. Your invested money can gradually increase day by day, and these funds also offer good returns for long-term investments.
ICICI Prudential Bluechip fund and Canara Robeco Bluechip – Risk Analysis
You must consider the risk involved while choosing a variety of stocks and funds. The technical analysis of each share you made, may help to calculate your benefits and make you make decisions in which fund you should invest your capital. Here we are going to compare the two Bluechip Funds and examine the important factors to consider.
Risk analysis for ICICI Prudential Bluechip fund:
| Ratios | Value | Category Average |
|---|---|---|
|
P/E ratio |
21.16 |
21.6 |
|
Price to Book |
3.59 |
3.25 |
|
Price to Sales |
1.98 |
2.6 |
|
Price to free cash flow |
15.93 |
14.33 |
|
Dividend Yield |
1.34 |
1.28 |
|
5 years of earning growth |
18.81 |
19.31 |
Technical Analysis:
| Title | Value | Action | Buy |
|---|---|---|---|
|
Moving Averages( MA 5) |
97.464 |
97.506 |
Strong Buy |
|
Momentum Oscillators ( RSI 14) |
62.051 |
- |
Strong Buy |
|
Trend Oscillators ( Bull or Bear Power 13) |
2.3820 |
- |
Strong Buy |
|
Volatility ( ATR 14) |
0.5007 |
Less volatility |
Strong Buy |
Risk analysis for Canara Robeco Bluechip fund:
| Ratios | Value | Category Average |
|---|---|---|
|
P/E ratio |
23.47 |
21.6 |
|
Price to Book |
3.57 |
3.25 |
|
Price to Sales |
3.16 |
2.6 |
|
Price to free cash flow |
17.93 |
14.33 |
|
Dividend Yield |
1.07 |
1.28 |
|
5 years of earning growth |
15.89 |
19.31 |
Technical Analysis:
| Title | Value | Action | Buy |
|---|---|---|---|
|
Moving Averages( MA 5) |
62.556 |
62.629 |
Strong Buy |
|
Momentum Oscillators ( RSI 14) |
63.763 |
- |
Strong Buy |
|
Trend Oscillators ( Bull or Bear Power 13) |
1.8180 |
- |
Strong Buy |
|
Volatility ( ATR 14) |
0.3114 |
Less volatility |
Strong Buy |
In a nutshell, investors can learn more about performance by comparing two large-cap funds and examining their standard deviation and beta values. By using these risk indicators you can easily calculate your risk and excess return you get from your invested capital.
Conclusion
In Conclusion, while considering investing in Bluechip funds, you must use the above risk factor indicator to show the real-time analysis report to make your investment journey smooth and safe.