ICICI Prudential Bluechip Fund vs Axis ELSS Tax Saver Fund
Side-by-side comparison of returns, risk, expenses, holdings and performance. AI-powered insights included.
3Y Return
15.44%
3Y Return
11.66%
Today, we are comparing two top-performing funds in India - ICICI Prudential Bluechip Fund and Axis ELSS Tax Saver Fund. Dekho, both funds are large-cap and ELSS funds respectively, which means they have a different investment approach. In this article, we will help you decide which fund is better for long-term wealth creation.
| Parameter | AICICI Prudential Bluechip Fund - Direct Plan - Growth | BAxis ELSS Tax Saver Fund - Direct Plan - Growth |
|---|---|---|
| Fund House | ICICI Prudential | Axis Mutual Fund |
| Category | Large Cap | ELSS |
| NAV (₹) | 83.91 | 104.77 |
| AUM (₹ Cr) | 5.81 Lac Cr | 3.16 Lac Cr |
| Expense Ratio (%) | 0.52% | 1.66% |
| Riskometer | Very High | Very High |
| Volatility | 12.52 | 13.4 |
| Sharpe Ratio | 0.71 | 0.39 |
| 1 Year Return (%) | 24.48% | -2.52% |
| 3 Year Return (%) | 15.44% | 11.66% |
| 5 Year Return (%) | 12.65% | 8.43% |
| Since Launch (%) | 16.42% | 15.62% |
| Min SIP (₹) | 500 | 500 |
| Min Lumpsum (₹) | 1000 | 1000 |
| Launch Date | 3 January 2013 | 2 January 2013 |
| Exit Load | Nil | Nil |
| Fund Manager | Anish Tawakley; Vaibhav Dusad (6.5 years yrs) | Ashish Naik; Shreyash Devalkar (2.8 years yrs) |
| Benchmark | Nifty 50 | Nifty 500 TRI |
| Top 3 Holdings | HDFC Bank Ltd. (8.5%), ICICI Bank Ltd. (7.8%), Reliance Industries Ltd. (6.9%) | ICICI Bank Ltd. (7.04%), HDFC Bank Ltd. (5.64%), Bharti Airtel Ltd. (4.32%) |
| Asset Allocation | Equity: 96.00% | T-Bills: 4.00% | Equity: 97.56% |
| Portfolio Turnover | 28% | 14% |
🤖 AI Verdict – Which is Better?
Chaliye, let's compare the two funds on the basis of 3Y return, expense ratio, and risk. For long-term wealth creation, we prefer Fund A - ICICI Prudential Bluechip Fund. It has given 15.44% returns over 3 years, which is much higher than Axis ELSS Tax Saver Fund's 11.66%. Lekin, the expense ratio of Fund A is much lower at 0.52% compared to 1.66% of Fund B. Sach ye hai, Fund A is a better option for long-term wealth creation due to its higher returns and lower expense ratio.
Why consider ICICI Prudential Bluechip Fund?
- Expense ratio: 0.52%
- 3Y return: 15.44%
- AUM: 5.81 Lac Cr
- Sharpe Ratio: 0.71
Why consider Axis ELSS Tax Saver Fund?
- Expense ratio: 1.66%
- 3Y return: 11.66%
- AUM: 3.16 Lac Cr
- Sharpe Ratio: 0.39
📈 SIP Suitability
Haan, if you are planning to invest through Systematic Investment Plan (SIP) for 10+ years, we recommend Fund A - ICICI Prudential Bluechip Fund. It has a more consistent return history compared to Axis ELSS Tax Saver Fund. Fund A has given 12.65% returns over 5 years, while Fund B has given 8.43%. This means that Fund A is a more stable option for long-term SIP investments.
⚠️ Risk & Cost Analysis
Sach ye hai, risk is an essential factor to consider while investing. Both funds have a Very High riskometer, but Fund A has a lower volatility of 12.52 compared to Fund B's 13.4. Lekin, Fund A has a lower Sharpe ratio of 0.71 compared to Fund B's 0.39. Chaliye, let's calculate the risk-adjusted returns. Fund A offers better risk-adjusted returns due to its lower volatility and higher returns.
📊 Portfolio Diversification
Dekho, asset allocation is crucial for portfolio diversification. Fund A has an asset allocation of 96% in equity and 4% in T-Bills. Fund B has an asset allocation of 97.56% in equity. Chaliye, let's compare the top holdings concentration. Fund A has a more diversified portfolio with HDFC Bank Ltd. (8.5%), ICICI Bank Ltd. (7.8%), and Reliance Industries Ltd. (6.9%). Fund B has a higher concentration of ICICI Bank Ltd. (7.04%), HDFC Bank Ltd. (5.64%), and Bharti Airtel Ltd. (4.32%).
SIP Calculator – Compare Growth Potential
ICICI Prudential Bluechip Fund
₹1431679.77
@15.4% annual return (3Y)
Axis ELSS Tax Saver Fund
₹1138461.04
@11.7% annual return (3Y)
*Projected returns are illustrative based on historical 3‑year returns. Past performance does not guarantee future returns.
❓ Frequently Asked Questions (Comparison)
Q1: Which fund gives better returns in the long run?
Fund A - ICICI Prudential Bluechip Fund has given 12.65% returns over 5 years, which is higher than Axis ELSS Tax Saver Fund's 8.43%. Therefore, Fund A is a better option for long-term returns.
Q2: Is the higher risk fund worth it?
While both funds have a Very High riskometer, Fund A has a lower volatility of 12.52 compared to Fund B's 13.4. Therefore, Fund A is a better option for investors who want to minimize risk.
Q3: Which fund is more cost-effective?
Fund A - ICICI Prudential Bluechip Fund has an expense ratio of 0.52%, which is lower than Axis ELSS Tax Saver Fund's 1.66%. Therefore, Fund A is a more cost-effective option.
Mahendra Maurya
6+ Years in Banking, Wealth Management & Financial ServicesFounder & Author of ShareTargetPrice.in. 6+ years in Banking, Wealth Management & Financial Services.
📊 Author & Founder at Share Target Price