ICICI Prudential’s Equity and Debt Fund employs a contrarian strategy, favoring sectors like pharma and traditional retail amidst market volatility. The fund dynamically manages equity-debt allocation, rotating across market caps and focusing on overlooked opportunities with strong fundamentals. Currently, the fund maintains a higher equity allocation, around 70-73%, guided by internal models and market conditions.
Source link
Fund Manager Talk | Pharma, traditional retail 2 contra bets for ICICI Prudential MF’s Mittul Kalawadia
