“The current volatility is a great opportunity for long term investors to accumulate units at lower levels,” says S Naren, ED & CIO, ICICI Prudential AMC in an interview with ET Mutual Funds.com.
The market has become extremely volatile since the last few months. What is your view on the market?
Market valuations have corrected but the global macro environment over the next two years could ensure that markets remain volatile. So, we believe over the course of this period there will be multiple opportunities for long term investors to make investments through SIP/STP route.