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ICICI Pru's S Naren expects moderate market returns, backs gold in diversified portfolios
S Naren, Executive Director and CIO of ICICI Prudential AMC, which managed funds worth $3 billion as of May 31, 2026, said improving macro conditions have strengthened India's outlook but global AI-led capital flows continue to favour overseas markets. Naren reiterated his preference for diversified multi-asset investing over concentrated equity or standalone gold ETF exposure.
ICICI Prudential Mutual Fund raises stake to 5.24% in Container Corporation of India - livemint.com
ICICI Prudential Mutual Fund raises stake to 5.24% in Container Corporation of Indialivemint.com
S Naren explains why people should not invest in Gold and Silver at this point
S. Naren, Executive Director and CIO of ICICI Prudential AMC, which managed funds worth $3 billion as of May 31, 2026, said investors who rushed into precious metal ETFs earlier this year ignored asset allocation principles and have since faced losses. He said gold remains useful for portfolio diversification, but prefers exposure through multi-asset funds, while warning that a potential cut in the 15% customs duty could weigh on returns from standalone gold and silver investments.
Edelweiss AMC crosses ₹1 trn milestone in equity assets under management
The asset manager attributed the milestone to consistent fund performance, wider distribution and sustained retail participation through systematic investment plans across market cycles
Niket Shah Quits As Motilal Oswal Principal Investments MD, Plans Own Asset Management Venture
Niket Shah announced the decision in a LinkedIn post
Axis MF unveils digital solution to unlock ₹25 trillion MSME opportunity
Asset manager launches Axis Account Plus, a digital treasury management solution that enables MSMEs to invest surplus working capital seamlessly in liquid and mutual fund schemes
Motilal Oswal's top 4 banking picks ahead of Q1 earnings season. Do you own any?
Motilal Oswal has identified its top banking picks ahead of the Q1 earnings season, anticipating strong MSME credit demand. HDFC Bank and ICICI Bank are highlighted for their robust asset quality and profitable growth. State Bank of India leads the PSU pack with aggressive pricing and housing loan strength, while AU Small Finance Bank is favored for its retail segment performance.
UTI MF buys Rs 425 crore worth MCX India shares, ICICI Prudential MF acquires 1.5% stake in Pondy Oxides - Moneycontrol.com
UTI MF buys Rs 425 crore worth MCX India shares, ICICI Prudential MF acquires 1.5% stake in Pondy OxidesMoneycontrol.com
JioBlackRock enters SIF, launches its first regular-plan product
JioBlackRock enters the SIF segment with a hybrid long-short fund, while ICICI Prudential MF launches a multi-asset active FoF for diversified investing
Expert view: See compelling setup for Indian stocks to outperform, says Bajaj Finserv Asset Management's head of equity - Mint
Expert view: See compelling setup for Indian stocks to outperform, says Bajaj Finserv Asset Management's head of equityMint
Puravankara clears ₹145 crore sale of subsidiary to ICICI Prudential AIF-backed entity
On Thursday (June 25), shares of Puravankara Ltd ended at ₹214.15, down by ₹0.60, or 0.28%, on the BSE.
HDFC Bank, ICICI Bank remain top bets as valuations stay attractive, says Kotak
Kotak Institutional Equities supports leading private banks like HDFC and ICICI, believing they will benefit from improved loan yields and lower funding costs. They remain cautious on loan demand but expect strong asset quality and less pressure on corporate balance sheets.