ICICI Prudential AMC Turns Bullish on Equities Post-Correction, Reopens Funds

• ICICI Prudential AMC has adopted a constructive stance on equities following a broad market correction in India.
• The fund house has reopened subscriptions for its small-cap funds and specific international schemes, indicating renewed confidence.
• Chintan Haria of ICICI Prudential AMC notes that recent corrections offer a reasonable entry point for long-term investors, despite valuations not being as cheap as past crisis periods.
• Value is emerging in underperforming large-cap and mega-cap stocks, and market participation has broadened beyond the top Nifty stocks.
• The AMC is closely monitoring energy, financials, and technology sectors for opportunities, and has reopened international funds for global diversification.

Why It Matters: ICICI Prudential AMC sees market correction as an opportunity, turning constructive on equities and reopening key funds.