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New Delhi. ICICI Prudential Bluechip Fund was launched in May 2008. Thus, this fund has completed 16 years. This large-cap scheme has given an annual return of 15.92 percent since its launch. If an investor had been investing Rs 12,000 every month since the beginning of the scheme, the total investment would have increased from Rs 23.64 lakh to Rs 1.05 crore.

In this mutual fund scheme, if an investor had invested Rs 12,000 every month for a year, then by investing only Rs 1.44 lakh, the corpus would have grown to Rs 1.58 lakh. Similarly, if an investor had invested Rs 12,000 every month for a period of 3 years, then by investing Rs 4.32 lakh, his total corpus would have grown to Rs 6.07 lakh.

An investment of Rs 14 lakh became Rs 34 lakh in 10 years.
Calculations on the AMC's portal show that a monthly SIP of Rs 12,000 would have grown to Rs 12.77 lakh in a period of 5 years by investing only Rs 7.2 lakh. Similarly, if an investor had invested Rs 12,000 every month for 10 years, the total investment of Rs 14.40 lakh would have grown to almost Rs 34.17 lakh.

Where has the scheme invested?
This scheme was launched on May 23, 2008. Its assets under management (AUM) is Rs 66,206 crore. Its main constituents are ICICI Bank, HDFC Bank, L&T, Infosys, RIL, Maruti Suzuki, Bharti Airtel, Axis Bank, UltraTech Cement, Sun Pharma, and Hero MotoCorp. The fund managers of this scheme are Anish Tawakle and Vaibhav Dusad.

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