“They want to come costly, but we tell them come cheap, at least you can raise money comfortably. So, if they want to raise money at reasonable valuation, there is a lot of money available in India at this point of time,” says S Naren, ED & CIO, ICICI Prudential AMC. When we spoke to … Read more
A bold warning from one of India’s top fund managers has sparked debate across the investment community. Sankaran Naren, CIO of ICICI Prudential Mutual Fund, raised eyebrows at the IFA Galaxy 2025 event by cautioning investors against mid-cap and small-cap SIPs. His advice to pull out “lock, stock, and barrel” from these segments has ignited … Read more
“And over the last three-four months if we look at trade plus services that number looks much more comfortable that we have ceased to worry about current account so that is one thing which is gone,” says S Naren, ICICI Prudential AMC. Exactly a year ago there was fear, there was no excitement, and there … Read more
There is higher margin of safety in large-cap stocks as compared to mid- and small-caps, said S Naren, chief investment officer at Mutual Fund. In an interview, the fund manager speaks on why he is bullish on public sector undertakings (PSUs) and fixed income. Edited excerpts: What is your assessment of the recent bounce in … Read more
NEW DELHI: With valuations in the domestic stock market looking much more reasonable during the ongoing corrective phase, which many experts describe as signs of an impending bear market, India’s top value investor S Naren is busy buying stocks. Based on an in-house valuation model at Mutual Fund, where he is the chief investment officer, … Read more
Designed to be completely private and unrelated to governments, can cryptocurrency be the future of money? Well, so far these decentralised electronic tokens have generally not worked very well as currency as they fail to fulfill any of its three traditional functions, says a new book by London-based financial writer Gavin Jackson. “Their price has … Read more