Best SIP Date for ICICI Prudential Bluechip Fund – Direct Plan – Growth (Nov-2018)

Best SIP Date for ICICI Prudential Bluechip Fund – Direct Plan – Growth (Nov-2018)

The objective of ICICI Prudential Bluechip Fund – Direct Plan – Growth scheme is to generate long term capital appreciation and income distribution to investors from a portfolio that is predominantly invested in equity and equity related securities of large cap companies. Let us notice the Best SIP date for this scheme that generated higher returns if the SIP had been started 1, 3, 5 or more years ago.

Returns for 1st, 5th, 10th, 15th, 20th and 25th calendar dates if the SIP was started 1 year(s) ago

Scheme: ICICI Prudential Bluechip Fund – Direct Plan – Growth
Scheme Code: 120586
Best SIP Date: 5 
Years Observed: 1 year(s) 
XIRR: -0.2%
Dates Considered
From: 16-Nov-2017 
To: 15-Nov-2018

SIP DateAverage NavUnitsTermsAmt InvestedAbsolute ReturnsXIRR %
542.09922850.409212120000119774.195-0.2
2042.13382848.067112120000119675.780-0.3
142.31432835.919712120000119165.346-0.7
1042.36772832.349012120000119015.305-0.8
1542.36132832.776312120000119033.260-0.8
2542.35792833.002112120000119042.748-0.8

*Returns over 1 year are annualized

The past 1 years of observations indicate that, having SIP date set to 5 of every month would have given the highest XIRR of -0.2%

An SIP of ₹ 10,000.00 scheduled 1 year(s) ago on every month’s 5 would have become ₹ 1,19,774.20 now.

Returns for 1st, 5th, 10th, 15th, 20th and 25th calendar dates if the SIP was started 3 year(s) ago

Scheme: ICICI Prudential Bluechip Fund – Direct Plan – Growth
Scheme Code: 120586
Best SIP Date: 20 
Years Observed: 3 year(s) 
XIRR: 11.873%
Dates Considered
From: 16-Nov-2015 
To: 15-Nov-2018

SIP DateAverage NavUnitsTermsAmt InvestedAbsolute ReturnsXIRR %
2035.225910219.762336360000429434.41211.873
2535.296110199.416036360000428579.46011.841
1535.575010119.456236360000425219.55011.725
1035.564310122.502636360000425347.55911.637
535.572410120.191736360000425250.45511.514
135.618710107.044436360000424698.00611.338

*Returns over 1 year are annualized

The past 3 years of observations indicate that, having SIP date set to 20 of every month would have given the highest XIRR of 11.873%

An SIP of ₹ 10,000.00 scheduled 3 year(s) ago on every month’s 20 would have become ₹ 4,29,434.41 now.

Returns for 1st, 5th, 10th, 15th, 20th and 25th calendar dates if the SIP was started 5 year(s) ago

Scheme: ICICI Prudential Bluechip Fund – Direct Plan – Growth
Scheme Code: 120586
Best SIP Date: 25 
Years Observed: 5 year(s) 
XIRR: 12.466%
Dates Considered
From: 16-Nov-2013 
To: 15-Nov-2018

SIP DateAverage NavUnitsTermsAmt InvestedAbsolute ReturnsXIRR %
2530.816619470.040960600000818131.11912.466
2030.851219448.177160600000817212.40212.356
1531.150919261.098360600000809351.35112.291
1031.120319279.989760600000810145.16712.266
531.080819304.512060600000811175.59412.253
131.080219304.918560600000811192.67512.202

*Returns over 1 year are annualized

The past 5 years of observations indicate that, having SIP date set to 25 of every month would have given the highest XIRR of 12.466%

An SIP of ₹ 10,000.00 scheduled 5 year(s) ago on every month’s 25 would have become ₹ 8,18,131.12 now.

Returns for 1st, 5th, 10th, 15th, 20th and 25th calendar dates if the SIP was started 5.83 year(s) ago

Scheme: ICICI Prudential Bluechip Fund – Direct Plan – Growth
Scheme Code: 120586
Best SIP Date: 25 
Years Observed: 5.83 year(s) 
XIRR: 13.794%
Dates Considered
From: 02-Jan-2013 
To: 15-Nov-2018

SIP DateAverage NavUnitsTermsAmt InvestedAbsolute ReturnsXIRR %
2528.089724920.2059707000001047147.05213.794
528.080625284.3271717100001062447.42513.724
1528.193925182.7115717100001058177.53713.707
1028.149925222.0935717100001059832.36913.700
2028.167724851.1844707000001044246.76813.638
128.291824742.1108707000001039663.49613.624

*Returns over 1 year are annualized

The past 5.83 years of observations indicate that, having SIP date set to 25 of every month would have given the highest XIRR of 13.794%

An SIP of ₹ 10,000.00 scheduled 5.83 year(s) ago on every month’s 25 would have become ₹ 10,47,147.05 now.

Summary

Investment MadeBest SIP DateXIRR %
1 Year(s) Ago5-0.200
3 Year(s) Ago2011.873
5 Year(s) Ago2512.466
5.83 Year(s) Ago2513.794

*Returns over 1 year are annualized

If you have started an SIP of ₹ 10,000.00 in the scheme ICICI Prudential Bluechip Fund – Direct Plan – Growth :

  • 1 year(s) ago on every 5th of a month, then it would have yielded highest XIRR of -0.2% than they would have yielded on any other SIP initiation date.
  • 3 year(s) ago on every 20th of a month, then it would have yielded highest XIRR of 11.873% than they would have yielded on any other SIP initiation date.
  • 5 year(s) ago on every 25th of a month, then it would have yielded highest XIRR of 12.466% than they would have yielded on any other SIP initiation date.
  • 5.83 year(s) ago on every 25th of a month, then it would have yielded highest XIRR of 13.794% than they would have yielded on any other SIP initiation date.

For 5 yr or more duration, Initiating SIP on 25th of every month has generated higher returns above 12.466% in the past for the scheme ICICI Prudential Bluechip Fund – Direct Plan – Growth.

Disclaimer: All analysis is based on the past performances. And this may not guarantee future returns. Please read the mutual fund documents carefully before investing.

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