ICICI Prudential Bluechip Fund vs Mirae Asset Large Cap Fund
Side-by-side comparison of returns, risk, expenses, holdings and performance. AI-powered insights included.
3Y Return
15.44%
3Y Return
11.03%
Today, we are comparing two Large Cap funds: ICICI Prudential Bluechip Fund and Mirae Asset Large Cap Fund. Both funds have a long history of investing in top Indian companies. Dekho, let's see which one is better for long-term wealth creation.
| Parameter | AICICI Prudential Bluechip Fund - Direct Plan - Growth | BMirae Asset Large Cap Fund - Direct Plan - Growth |
|---|---|---|
| Fund House | ICICI Prudential | Mirae Asset |
| Category | Large Cap | Large Cap |
| NAV (₹) | 83.91 | 122.90 |
| AUM (₹ Cr) | 5.81 Lac Cr | 3.82 Lac Cr |
| Expense Ratio (%) | 0.52% | 0.57% |
| Riskometer | Very High | Very High |
| Volatility | 12.52 | 11.64 |
| Sharpe Ratio | 0.71 | 0.39 |
| 1 Year Return (%) | 24.48% | -2% |
| 3 Year Return (%) | 15.44% | 11.03% |
| 5 Year Return (%) | 12.65% | 10.78% |
| Since Launch (%) | 16.42% | 14.98% |
| 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) | Gaurav Misra (7.3 years yrs) |
| Benchmark | Nifty 50 | NIFTY 100 Total Return Index |
| Top 3 Holdings | HDFC Bank Ltd. (8.5%), ICICI Bank Ltd. (7.8%), Reliance Industries Ltd. (6.9%) | HDFC Bank Ltd. (9.15%), ICICI Bank Ltd. (8.12%), Reliance Industries Ltd. (5.76%) |
| Asset Allocation | Equity: 96.00% | T-Bills: 4.00% | Equity: 99.63% | Mutual Fund: 0.17% |
| Portfolio Turnover | 28% | 20% |
🤖 AI Verdict – Which is Better?
After analyzing the data, we think Mirae Asset Large Cap Fund is a better choice for long-term wealth creation. Chaliye, let's see why. The fund has a 3Y return of 11.03%, which is higher than ICICI Prudential Bluechip Fund's 3Y return of 15.44%. Lekin, the expense ratio of Mirae Asset Large Cap Fund is 0.57%, which is lower than ICICI Prudential Bluechip Fund's 0.52%. Sach ye hai, the riskometer of both funds is Very High, but Mirae Asset Large Cap Fund has a lower volatility of 11.64. Haan, it's a better choice for long-term investors.
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 Mirae Asset Large Cap Fund?
- Expense ratio: 0.57%
- 3Y return: 11.03%
- AUM: 3.82 Lac Cr
- Sharpe Ratio: 0.39
📈 SIP Suitability
For a monthly SIP for 10+ years, we think ICICI Prudential Bluechip Fund is more suitable. Chaliye, let's see why. The fund has a higher 3Y return of 15.44% and a lower volatility of 12.52. Dekho, it's more consistent and stable compared to Mirae Asset Large Cap Fund. Lekin, Mirae Asset Large Cap Fund has a higher 5Y return of 10.78%. Sach ye hai, it's a closer call, but ICICI Prudential Bluechip Fund is a better choice for SIP investors.
⚠️ Risk & Cost Analysis
Now, let's compare the riskometer, volatility, Sharpe ratio, and expense ratio of both funds. Dekho, Mirae Asset Large Cap Fund has a lower Sharpe ratio of 0.39, which means it's more volatile. Lekin, ICICI Prudential Bluechip Fund has a higher expense ratio of 0.52%. Sach ye hai, Mirae Asset Large Cap Fund offers better risk-adjusted returns. Haan, it's a better choice for aggressive investors.
📊 Portfolio Diversification
Now, let's compare the asset allocation and top holdings concentration of both funds. Dekho, ICICI Prudential Bluechip Fund has a higher asset allocation to T-Bills at 4.00%. Lekin, Mirae Asset Large Cap Fund has a higher concentration of top holdings in HDFC Bank Ltd. (9.15%) and ICICI Bank Ltd. (8.12%). Sach ye hai, Mirae Asset Large Cap Fund has sector risk due to its high concentration in banking stocks. Haan, ICICI Prudential Bluechip Fund is more diversified.
SIP Calculator – Compare Growth Potential
ICICI Prudential Bluechip Fund
₹1431679.77
@15.4% annual return (3Y)
Mirae Asset Large Cap Fund
₹1096870.77
@11.0% 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?
Mirae Asset Large Cap Fund gives better returns in the long run with a 5Y return of 10.78%. However, ICICI Prudential Bluechip Fund has a higher 3Y return of 15.44%.
Q2: Is the higher risk fund worth it?
No, the higher risk fund is not worth it. Mirae Asset Large Cap Fund has a lower Sharpe ratio of 0.39, which means it's more volatile. ICICI Prudential Bluechip Fund has a higher Sharpe ratio of 0.71, which means it's more stable.
Q3: Which fund is more cost-effective?
ICICI Prudential Bluechip Fund is more cost-effective with an expense ratio of 0.52%. Mirae Asset Large Cap Fund has an expense ratio of 0.57%. Haan, ICICI Prudential Bluechip Fund is a better choice for cost-conscious investors.
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