The Good, The Bad, and The Ugly of ICICI Prudential Bluechip Fund

**The Good**: * In 12 out of 14 years, the fund delivered positive returns, with standout years like **2009 (91.19%)** and **2014 (41.10%)**. * Sectors like Banking (24.2%) and IT (10.3%) dominate, but it’s not overly concentrated. * At \~20–30%, the turnover ratio is fine. **The Bad**: Between 2015–2022, it often lagged the Nifty 100 TRI during rolling 5-year periods. So, it might struggle in certain market cycles. **The Ugly**: A high R-squared (96.64%) means it moves closely with the market, offering little diversification benefit during crashes. **Note:** This review is for informational and educational purposes only and should not be construed as investment advice or a recommendation to invest, redeem, or switch in or any other mutual fund scheme.  https://preview.redd.it/ap3x8alyo0le1.jpg?width=2219&format=pjpg&auto=webp&s=056086adc6da9eaa1e2740575292e247a8cd80c6