Sankaran Naren - Torchbearer of successful mutual fund schemes

Sankaran Naren is India’s leading Mutual Fund and Capital Market Investment Guru, is an advocate of Value Investing and Contrarian Style.

The rich experience of Sankaran Naren in the industry and his reputation precedes him. Sankaran Naren is the executive director and chief investment officer at ICICI Prudential Mutual Fund. He has a diverse set of experience in all spectrums of the financial service industry ranging from investment banking, fund management, equity research and stock broking operations.

Naren oversees investment functions across ICICI Prudential Mutual Fund and International Advisory Business. He has been instrumental in the overall investment strategy development and execution at the company. With an experience of 26 years and currently managing an AUM of Rs 1,09,099 crore across 38 schemes, he has been a pillar of strength for ICICI Prudential Mutual Fund. His views on macro and markets feature prominently across media, both locally and globally.

An alumnus of IIT Madras and IIM Kolkata, he has served various roles in the financial services industry and investment management. Through the course of a long career, he has worked with organizations such as Refco Sify Securities India Pvt Ltd, HDFC Securities Ltd, and Yoha Securities. He is also a member of the Committee on Equity Matter at AMFI.

Sankaran has to his credit some of the most successful flagship schemes at ICIC Prudential Mutual Fund which has compounded investors wealth over years. ICICI Prudential Multi Asset Fund, ICICI Prudential Small Cap Fund, ICICI Prudential Large & Mid Cap Fund, ICICI Prudential Value Discovery Fund are a few of the top-rated funds under Naren.

“We believe, by and large, in reversion to mean. We believe, over a period of time, a sector doing very badly will do better and a sector doing very well will do very badly, ” says Naren.

Naren self professes to be wary of the bull market where market frenzy is fuelled by greed and irrationality. His advice is to watch out for the neglected sectors, stocks that have escaped the eyes of the market participants, to invest well in time only to cash out once the sector catches the market frenzy.