COMPARE
HDFC Large Cap Fund - Growth Option - Direct Plan vs ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund) - Direct Plan - Growth
HDFC Large Cap Fund and ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund) are both in the Large Cap Fund category, from HDFC Asset Management Company Limited and ICICI Prudential Asset Management Company Limited respectively. ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund) has posted a higher 3-year rolling CAGR. ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund) has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund) has the lower direct-plan expense ratio, by 0.01 percentage points.
| HDFC Large Cap Fund - Growth Option - Direct Plan | ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund) - Direct Plan - Growth | |
|---|---|---|
| Category | Large Cap Fund | Large Cap Fund |
| AMC | HDFC Asset Management Company Limited | ICICI Prudential Asset Management Company Limited |
| Benchmark | Nifty 100 TRI | Nifty 100 TRI |
| NAV | ₹1210.982 (2026-09-10) | ₹116.74 (2026-09-10) |
| AUM | ₹38,816.523 Cr | ₹77,982.375 Cr |
| Expense Ratio (Direct) | 1.02% | 1.01% |
| Inception | 1996-08-19 | 2008-04-08 |
Returns
ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund) leads on 3-year rolling CAGR (16.2% vs HDFC Large Cap Fund's 15.0%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
HDFC Large Cap Fund has been the more volatile of the two by standard deviation.
| HDFC Large Cap Fund - Growth Option - Direct Plan | ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund) - Direct Plan - Growth | |
|---|---|---|
| 3Y Sharpe Ratio | 0.24 | 0.36 |
| 3Y Alpha | 1.2296% | 2.6193% |
| 3Y Std Deviation | 12.6798% | 12.2154% |
| 3Y Calmar Ratio | 0.61 | 0.73 |
Portfolio Analytics
HDFC Large Cap Fund carries the higher portfolio P/E ratio (a rougher proxy for how richly the underlying holdings are valued) - see the table below for the full comparison.
| HDFC Large Cap Fund - Growth Option - Direct Plan | ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund) - Direct Plan - Growth | |
|---|---|---|
| P/E Ratio | 23.82 | 23.2057 |
| P/B Ratio | 3.98 | 10.6755 |
| Dividend Yield | 1.18% | 1.23% |
| Active Share | 49.63% | 34.02% |
| Portfolio Turnover | 137.86% | - |
| YTM | - | 5.2868% |
| Duration (Macaulay) | - | - |
Punji Fund Health Score
ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund) has the stronger Punji Quality grade of the two.
| HDFC Large Cap Fund - Growth Option - Direct Plan | ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund) - Direct Plan - Growth | |
|---|---|---|
| Quality Grade | D | B |
| Safety Grade | C | A |
| Compound Grade | C | C |
Frequently asked questions
Which has a higher 3-year return, HDFC Large Cap Fund or ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund)?
ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund)'s 3-year rolling CAGR of 16.2% is higher than HDFC Large Cap Fund's 15.0%. ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund) sits in the 83rd percentile of its category on this metric, versus the 53rd percentile for HDFC Large Cap Fund - though note both funds may belong to different categories with different medians, so a raw CAGR comparison doesn't account for how each fund performed relative to its own peers. A higher historical return also doesn't necessarily mean lower risk; check the risk metrics below before concluding either fund is the "better" choice.
Which has a lower expense ratio, HDFC Large Cap Fund or ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund)?
ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund)'s direct-plan expense ratio is 0.01 percentage points lower than HDFC Large Cap Fund's. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Which fund carries more risk, HDFC Large Cap Fund or ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund)?
By standard deviation (a measure of how much a fund's returns swing around its own average), HDFC Large Cap Fund has been more volatile than ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund) over the trailing window. Standard deviation captures total volatility in both directions - up and down - so a higher figure means bigger swings generally, not necessarily bigger losses specifically. Sharpe ratio (0.24 for HDFC Large Cap Fund vs 0.36 for ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund)) is a better single measure of risk-adjusted return, since it weighs the return earned per unit of volatility taken rather than volatility alone.
Which has higher AUM, HDFC Large Cap Fund or ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund)?
ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund) has ₹77,982 Cr in assets under management, versus ₹38,817 Cr for HDFC Large Cap Fund. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which fund has a longer track record, HDFC Large Cap Fund or ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund)?
HDFC Large Cap Fund launched on 1996-08-19, making it older than ICICI Prudential Large Cap Fund (erstwhile Bluechip Fund) (launched 2008-04-08). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-09-14. Source: AMFI disclosures via Punji. Not investment advice.