Dynamically Manage Your Asset Allocations For Smarter Returns

It is essential to consider the risk appetite and liquidity needs of the investor. S Naren, Executive Director and Chief Investment Officer of ICICI Prudential Mutual Fund, says that the best approach in these uncertain times is to focus on dynamically managed asset allocation schemes or balanced advantage category of schemes. In conversation with Saibal Dasgupta. Given the heightened volatility, how are you managing the risks associated with equity funds? Why has the proportionate share of equity-oriented schemes slipped in recent times? Both in India and globally, selected stocks have so far delivered bulk of the returns. Cyclically, these stocks appear to be in end cycle, while the rest of the market is not. So when it comes to portfolio construction, we have a value bias as several such stocks are available at inexpensive valuations, providing good dividend yield and reasonable...