ETMarkets Fund Manager Talk: Expansion of multiples unlikely to be driver of returns: Anish Tawakley, ICICI Pru MF

“An economy typically goes through periods of boom and slump. The amplitude and duration of these phases of booms and slumps depends on monetary and fiscal responses. The idea of the ICICI Prudential Business Cycle Fund is to capitalize on these shifts. The Scheme is a thematic fund which is flexi-cap in nature and sector selection is the primary driver for alpha creation.”