ICICI Prudential Bluechip Fund vs Nippon India Growth Mid Cap Fund
Side-by-side comparison of returns, risk, expenses, holdings and performance. AI-powered insights included.
3Y Return
15.44%
3Y Return
25.15%
Chaliye, dekho! Today, we are comparing two popular mutual funds, ICICI Prudential Bluechip Fund and Nippon India Growth Mid Cap Fund. Both funds have their unique characteristics, and it's essential to understand their differences. In this article, we will compare their performance, risk, and cost to help you make an informed decision. By the end of this article, you will know which fund is better suited for long-term wealth creation.
| Parameter | AICICI Prudential Bluechip Fund - Direct Plan - Growth | BNippon India Growth Mid Cap Fund - Direct Plan - Growth |
|---|---|---|
| Fund House | ICICI Prudential | Nippon India |
| Category | Large Cap | Mid Cap |
| NAV (₹) | 83.91 | 4845.02 |
| AUM (₹ Cr) | 5.81 Lac Cr | 4.58 Lac Cr |
| Expense Ratio (%) | 0.52% | 1.26% |
| Riskometer | Very High | Very High |
| Volatility | 12.52 | 15.97 |
| Sharpe Ratio | 0.71 | 1.17 |
| 1 Year Return (%) | 24.48% | 10.17% |
| 3 Year Return (%) | 15.44% | 25.15% |
| 5 Year Return (%) | 12.65% | 22.32% |
| Since Launch (%) | 16.42% | 18.36% |
| Min SIP (₹) | 500 | 500 |
| Min Lumpsum (₹) | 1000 | 1000 |
| Launch Date | 3 January 2013 | 3 January 2013 |
| Exit Load | Nil | Nil |
| Fund Manager | Anish Tawakley; Vaibhav Dusad (6.5 years yrs) | Amber Singhania; Kinjal Desai; Rupesh Patel (8.0 years yrs) |
| Benchmark | Nifty 50 | Nifty Midcap 150 TRI |
| Top 3 Holdings | HDFC Bank Ltd. (8.5%), ICICI Bank Ltd. (7.8%), Reliance Industries Ltd. (6.9%) | BSE Ltd. (4.21%), Fortis Healthcare Ltd. (2.76%), The Federal Bank Ltd. (2.57%) |
| Asset Allocation | Equity: 96.00% | T-Bills: 4.00% | Equity: 98.55% |
| Portfolio Turnover | 28% | 74% |
🤖 AI Verdict – Which is Better?
Haan, let's see! For long-term wealth creation, we consider the 3Y return, expense ratio, and risk. Fund A has a 3Y return of 15.44%, while Fund B has a 3Y return of 25.15%. However, Fund A's expense ratio is 0.52%, which is lower than Fund B's 1.26%. Considering these factors, we can say that Fund B is a better option for long-term wealth creation, but with a higher risk level. Dekho, it's essential to understand that higher returns come with higher risks.
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 Nippon India Growth Mid Cap Fund?
- Expense ratio: 1.26%
- 3Y return: 25.15%
- AUM: 4.58 Lac Cr
- Sharpe Ratio: 1.17
📈 SIP Suitability
Sach ye hai, for a monthly SIP for 10+ years, consistency and return stability are crucial. Fund A has a 5Y return of 12.65%, while Fund B has a 5Y return of 22.32%. Although Fund B has a higher return, it's essential to consider its higher risk level and volatility. Fund A is more stable and consistent, making it a better option for a long-term SIP.
⚠️ Risk & Cost Analysis
Lekin, let's analyze the riskometer, volatility, Sharpe ratio, and expense ratio of both funds. Fund A has a riskometer of Very High, while Fund B has a riskometer of Very High as well. Both funds have high volatility levels, with Fund B having a higher volatility of 15.97. However, Fund B has a higher Sharpe ratio of 1.17, indicating better risk-adjusted returns. Considering the expense ratio, Fund A is more cost-effective with a ratio of 0.52%, while Fund B has an expense ratio of 1.26%.
📊 Portfolio Diversification
Chaliye, let's see the asset allocation and top holdings concentration of both funds. Fund A has an asset allocation of 96.00% in equity and 4.00% in T-Bills, while Fund B has an asset allocation of 98.55% in equity. Fund A has a more diversified portfolio with top holdings including HDFC Bank Ltd. (8.5%), ICICI Bank Ltd. (7.8%), and Reliance Industries Ltd. (6.9%). Fund B also has a diversified portfolio with top holdings including BSE Ltd. (4.21%), Fortis Healthcare Ltd. (2.76%), and The Federal Bank Ltd. (2.57%).
SIP Calculator – Compare Growth Potential
ICICI Prudential Bluechip Fund
₹1431679.77
@15.4% annual return (3Y)
Nippon India Growth Mid Cap Fund
₹2691264.97
@25.1% 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?
Answer based on 5Y/3Y returns. Fund B has a better 5Y return of 22.32% compared to Fund A's 5Y return of 12.65%. However, it's essential to consider the risk level, and Fund A is more stable.
Q2: Is the higher risk fund worth it?
Answer comparing volatility and Sharpe ratio. Fund B has a higher volatility of 15.97, but a higher Sharpe ratio of 1.17, indicating better risk-adjusted returns. Haan, the higher risk fund might be worth it, but it depends on your risk tolerance.
Q3: Which fund is more cost-effective?
Answer comparing expense ratio and exit load (if provided). Fund A has a lower expense ratio of 0.52%, making it more cost-effective compared to Fund B's expense ratio of 1.26%. Dekho, the cost-effectiveness should be considered while making a decision.
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