10 Jul 2025, 01:47 PM IST i


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S. Naren, chief investment officer of ICICI Prudential Asset Management, cautions investors that equities are currently an expensive asset class, and this is often met with skepticism. This comes from a crowd of investors who have perceived equities to be the best investment avenue. A significant market correction, perhaps a minus 20% performance, might be necessary to drill this understanding down. Investors should moderate their return expectations, according to him.