Fincash » DSP BlackRock US Flexible Equity Fund Vs ICICI Prudential US Bluechip Equity Fund
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DSP BlackRock US Flexible Equity Fund Vs ICICI Prudential US Bluechip Equity Fund
DSP BlackRock US Flexible Equity Fund Vs ICICI Prudential US Bluechip Equity Fund is a comparison between two same fund category. The idea here is to compare two good performing schemes within the same category so that the investors find a way for a better investment decision. In this case, both the funds belong to the global category of Equity Funds. global fund are a type of Mutual Funds that invest across countries, including the U.S. These funds primarily invest in companies, which are spread across the world. The aim of the funds is to diversify holdings in different parts of the world. So let's see the difference between DSP BlackRock US Flexible Equity Fund and ICICI Prudential US Bluechip in regards to certain important parameters like AUM, NAV, past performance, minimum SIP/lump sum investment, etc.
DSP BlackRock US Flexible Equity Fund
DSP BlackRock US Flexible Equity Fund was launched in the year 2012. The fund aims to seek Capital appreciation by Investing in units of BGF – USFEF. The scheme may, at the discretion of the investment manager also invest in the units of other similar overseas mutual fund schemes, which may constitute a significant part of its corpus. To attain liquidity requirement, the scheme may invest a portion in money market securities/liquid schemes of DSP BlackRock Mutual Fund.
The three top holdings of the scheme (as on 30th June'18) include BGF US Flexible Equity I2 USD, Cblo / Reverse Repo Investments and Net Receivables/Payables.
ICICI Prudential US Bluechip Equity Fund
ICICI Prudential US Bluechip Equity Fund was launched in the year 2012. The objective of this fund is to provide long term capital appreciation to investors by investing in equity and related securities (including ADRs/GDRs issued by Indian and foreign companies) of companies listed on New York Stock Exchange and/or NASDAQ.
Some of the top holdings of the fund as on 30th June 2018 are Amazon.com Inc, Cblo, Alphabet Inc C, Merck & Co Inc, Mondelez International Inc Class A, etc.
DSP BlackRock US Flexible Equity Fund Vs ICICI Prudential US Bluechip Equity Fund
Both DSP BlackRock US Flexible Equity Fund and ICICI Prudential US Bluechip Equity Fund differ on account of various parameters such as performance, NAV, AUM, and so on. These differences exist though both the schemes are a part of the same category. So, let’s understand the differences between these schemes with the help of four sections, namely, basics section, performance section, yearly performance section, and other details section.
Basics Section
Fincash Rating, scheme category current NAV, AUM, etc., are some of the parameters that form part of this basics section. To begin with the scheme category, it can be said that both the schemes belong to the same category of global-equity fund.
With respect to Fincash Rating, it can be said that DSP BlackRock's scheme is rated as 5-star and ICICI Prudential's scheme is rated as 4-star. The summary comparison of the basics section is tabulated as follows.
Parameters Basics NAV Net Assets (Cr) Launch Date Rating Category Sub Cat. Category Rank Risk Expense Ratio Sharpe Ratio Information Ratio Alpha Ratio Benchmark Exit Load DSP BlackRock US Flexible Equity Fund
Growth
Fund Details ₹55.2554 ↓ -0.11 (-0.20 %) ₹853 on 31 Oct 24 3 Aug 12 ☆☆☆☆☆ Equity Global 3 High 1.54 1.69 -0.52 -4.77 Not Available 0-12 Months (1%),12 Months and above(NIL) ICICI Prudential US Bluechip Equity Fund
Growth
Fund Details ₹62.31 ↓ -0.11 (-0.18 %) ₹3,221 on 31 Oct 24 6 Jul 12 ☆☆☆☆ Equity Global 7 High 2.18 1.38 -0.38 -7.73 Not Available 0-3 Months (3%),3-12 Months (1%),12 Months and above(NIL)
Performance Section
It is the second section in the comparison that analyses the difference in the Compounded Annual Growth Rate or CAGR returns between the scheme. These CAGR returns are compared at different time intervals such as 3 Month Return, 3 Year Return, 5 Year Return, and Return since Inception. The comparison of the performance section shows that both the schemes have performed closely. The table given below shows the summary comparison of the performance section.
Parameters Performance 1 Month 3 Month 6 Month 1 Year 3 Year 5 Year Since launch DSP BlackRock US Flexible Equity Fund
Growth
Fund Details -1.3% 1.1% 3% 20.6% 9.7% 15.1% 14.9% ICICI Prudential US Bluechip Equity Fund
Growth
Fund Details -3.3% 0.9% 4.3% 21.4% 10.2% 14.8% 15.9%
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Yearly Performance Section
The comparison of absolute returns generated by both the schemes for a particular year is done in the yearly performance section. With respect to absolute returns section, it can be said that DSP BlackRock US Flexible Equity Fund has slightly performed better than ICICI Prudential US Bluechip Equity Fund. The performance of the yearly performance section is as follows.
Parameters Yearly Performance 2023 2022 2021 2020 2019 DSP BlackRock US Flexible Equity Fund
Growth
Fund Details 22% -5.9% 24.2% 22.6% 27.5% ICICI Prudential US Bluechip Equity Fund
Growth
Fund Details 30.6% -7.1% 22.5% 18.6% 34.3%
Other Details Section
The comparison in this section includes elements such as minimum SIP investment and minimum lump sum investment. The minimum SIP and lump sum value for both the scheme is different. In case of DSP BlackRock US Flexible Equity Fund, the minimum SIP is INR 500 and the lump sum investment amount is INR 1,000. While in case of ICICI Prudential US Bluechip Equity Fund, the minimum SIP amount is INR 1,000 and for lump sum
DSP BlackRock US Flexible Equity Fund is managed jointly by Kedar Karnik, Laukik Bagwe and Jay Kothari.
ICICI Prudential US Bluechip Equity Fund is jointly managed by Rohan Maru and Priyanka Khandelwal.
The table given below summarizes the comparison of the other details section.
Parameters Other Details Min SIP Investment Min Investment Fund Manager DSP BlackRock US Flexible Equity Fund
Growth
Fund Details ₹500 ₹1,000 Jay Kothari - 11.68 Yr. ICICI Prudential US Bluechip Equity Fund
Growth
Fund Details ₹100 ₹5,000 Ritesh Lunawat - 0.13 Yr.
Growth of 10k Investments over the years
DSP BlackRock US Flexible Equity Fund
Growth
Fund Details Growth of 10,000 investment over the years.
Date Value 31 Oct 19 ₹10,000 31 Oct 20 ₹11,618 31 Oct 21 ₹15,829 31 Oct 22 ₹15,229 31 Oct 23 ₹16,428 31 Oct 24 ₹20,733 ICICI Prudential US Bluechip Equity Fund
Growth
Fund Details Growth of 10,000 investment over the years.
Date Value 31 Oct 19 ₹10,000 31 Oct 20 ₹10,892 31 Oct 21 ₹15,439 31 Oct 22 ₹14,049 31 Oct 23 ₹16,001 31 Oct 24 ₹20,755
Detailed Portfolio Comparison
DSP BlackRock US Flexible Equity Fund
Growth
Fund Details Asset Allocation
Asset Class Value Cash 2.06% Equity 97.93% Debt 0.02% Equity Sector Allocation
Sector Value Technology 34.03% Health Care 15.69% Financial Services 13.07% Communication Services 12.46% Consumer Cyclical 7.85% Basic Materials 3.9% Industrials 3.34% Energy 3.23% Consumer Defensive 2.44% Real Estate 1.94% Top Securities Holdings / Portfolio
Name Holding Value Quantity BGF US Flexible Equity I2
Investment Fund | -99% ₹844 Cr 2,181,927
↓ -16,788 Treps / Reverse Repo Investments
CBLO/Reverse Repo | -1% ₹11 Cr Net Receivables/Payables
Net Current Assets | -0% -₹2 Cr ICICI Prudential US Bluechip Equity Fund
Growth
Fund Details Asset Allocation
Asset Class Value Cash 2.13% Equity 97.87% Equity Sector Allocation
Sector Value Health Care 22.1% Industrials 18.3% Technology 15.74% Consumer Defensive 13.18% Financial Services 8.19% Consumer Cyclical 7.26% Communication Services 6.43% Basic Materials 6.06% Energy 0.62% Top Securities Holdings / Portfolio
Name Holding Value Quantity International Flavors & Fragrances Inc (Basic Materials)
Equity, Since 30 Sep 22 | IFF3% ₹85 Cr 96,486
↓ -7,700 Comcast Corp Class A (Communication Services)
Equity, Since 31 May 20 | CMCSA3% ₹84 Cr 240,218 The Estee Lauder Companies Inc Class A (Consumer Defensive)
Equity, Since 30 Jun 23 | EL3% ₹83 Cr 99,917
↑ 4,500 Altria Group Inc (Consumer Defensive)
Equity, Since 31 Dec 23 | MO2% ₹83 Cr 193,878
↑ 11,500 Nike Inc Class B (Consumer Cyclical)
Equity, Since 30 Jun 23 | NKE2% ₹83 Cr 111,580 Kenvue Inc (Consumer Defensive)
Equity, Since 31 Mar 24 | KVUE2% ₹82 Cr 423,060
↓ -52,500 Pfizer Inc (Healthcare)
Equity, Since 31 Mar 23 | PFE2% ₹82 Cr 337,963 Adobe Inc (Technology)
Equity, Since 31 Mar 24 | ADBE2% ₹81 Cr 18,748
↑ 1,135 MarketAxess Holdings Inc (Financial Services)
Equity, Since 30 Jun 23 | MKTX2% ₹81 Cr 37,889
↓ -5,400 Corteva Inc (Basic Materials)
Equity, Since 30 Jun 23 | CTVA2% ₹81 Cr 164,840
Therefore, it can be said on the above-mentioned pointers that, there exist numerous differences between both the schemes. As a result, individuals should be careful while choosing any of the schemes for investment. They should have a complete understanding of the scheme and check whether it suits their investment objectives. If required, people can also consult a financial advisor for an opinion. This will help individuals to attain their objectives on time and in a hassle-free manner.
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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