Synopsis
The potential US Fed rate hike is likely to be the biggest risk for the domestic market over the next two years. Unlike 2013, today global equity valuation, particularly of technology-oriented and new age sectors, are extremely overvalued.
In an expensive market, opt for a scheme that is actively managed and the corpus is deployed across equity and debt based on their relative attractiveness, Sankaran Naren, ED & CIO, ICICI Prudential AMC tells ET Wealth.
How are you reading the risk-reward scenario for Indian equities now?
On a risk-reward basis, the Indian equity market is fairly placed relative to the world although on an absolute basis valuations are not cheap. From a
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