{"id":20750,"date":"2023-01-19T18:30:49","date_gmt":"2023-01-19T13:00:49","guid":{"rendered":"https:\/\/kuvera.in\/blog\/?p=20750"},"modified":"2023-01-19T18:30:49","modified_gmt":"2023-01-19T13:00:49","slug":"beginning-of-a-new-era-icici-prudential-amc-2023-report","status":"publish","type":"post","link":"https:\/\/kuvera.in\/blog\/beginning-of-a-new-era-icici-prudential-amc-2023-report\/","title":{"rendered":"\u201cBeginning of a New Era\u201d | ICICI Prudential AMC 2023 Report"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_40 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" area-label=\"ez-toc-toggle-icon-1\"><label for=\"item-69e72c1a650f1\" aria-label=\"Table of Content\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;direction:ltr;\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/label><input  type=\"checkbox\" id=\"item-69e72c1a650f1\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/kuvera.in\/blog\/beginning-of-a-new-era-icici-prudential-amc-2023-report\/#Macro_trend_1_High_inflation_beckons\" title=\"Macro trend 1: High inflation beckons\">Macro trend 1: High inflation beckons<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/kuvera.in\/blog\/beginning-of-a-new-era-icici-prudential-amc-2023-report\/#Macro_trend_2_Age_of_low_corporate_taxes_is_over\" title=\"Macro trend 2: Age of low corporate taxes is over\">Macro trend 2: Age of low corporate taxes is over<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/kuvera.in\/blog\/beginning-of-a-new-era-icici-prudential-amc-2023-report\/#Macro_trend_3_Geo-political_escalation\" title=\"Macro trend 3: Geo-political escalation\">Macro trend 3: Geo-political escalation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/kuvera.in\/blog\/beginning-of-a-new-era-icici-prudential-amc-2023-report\/#Macro_trend_4_Fed_tightening\" title=\"Macro trend 4: Fed tightening\">Macro trend 4: Fed tightening<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/kuvera.in\/blog\/beginning-of-a-new-era-icici-prudential-amc-2023-report\/#Macro_trend_4_Low_to_high_volatility\" title=\"Macro trend 4: Low to high volatility\">Macro trend 4: Low to high volatility<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/kuvera.in\/blog\/beginning-of-a-new-era-icici-prudential-amc-2023-report\/#India_Catalyst_1_Strong_crisis_management\" title=\"India Catalyst 1: Strong crisis management\">India Catalyst 1: Strong crisis management<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/kuvera.in\/blog\/beginning-of-a-new-era-icici-prudential-amc-2023-report\/#India_Catalyst_2_Fortifying_the_Macros\" title=\"India Catalyst 2: Fortifying the Macros\">India Catalyst 2: Fortifying the Macros<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/kuvera.in\/blog\/beginning-of-a-new-era-icici-prudential-amc-2023-report\/#India_Catalyst_3_The_Magic_Wand_of_CAPEXw\" title=\"India Catalyst 3: The Magic Wand of CAPEXw\">India Catalyst 3: The Magic Wand of CAPEXw<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/kuvera.in\/blog\/beginning-of-a-new-era-icici-prudential-amc-2023-report\/#India_Catalyst_4_Powering_the_Consumption_Engine\" title=\"India Catalyst 4: Powering the Consumption Engine\">India Catalyst 4: Powering the Consumption Engine<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/kuvera.in\/blog\/beginning-of-a-new-era-icici-prudential-amc-2023-report\/#India_Catalyst_5_Winning_Hand_in_China1\" title=\"India Catalyst 5: Winning Hand in China+1\">India Catalyst 5: Winning Hand in China+1<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/kuvera.in\/blog\/beginning-of-a-new-era-icici-prudential-amc-2023-report\/#Fixed_Income_Catalyst_1_Debt_instruments_yields_moving_higher\" title=\"Fixed Income Catalyst 1: Debt instruments yields moving higher\">Fixed Income Catalyst 1: Debt instruments yields moving higher<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/kuvera.in\/blog\/beginning-of-a-new-era-icici-prudential-amc-2023-report\/#Fixed_Income_Catalyst_2_Efficient_transmission_of_rates\" title=\"Fixed Income Catalyst 2: Efficient transmission of rates\">Fixed Income Catalyst 2: Efficient transmission of rates<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/kuvera.in\/blog\/beginning-of-a-new-era-icici-prudential-amc-2023-report\/#Fixed_Income_Catalyst_3_YTM_of_debt_MFs_have_improved\" title=\"Fixed Income Catalyst 3: YTM of debt MFs have improved\">Fixed Income Catalyst 3: YTM of debt MFs have improved<\/a><\/li><\/ul><\/nav><\/div>\n<p>\u201cBeginning of a New Era\u201d\u00a0 That&#8217;s how\u00a0<a target=\"_blank\" rel=\"nofollow noopener\">ICICI Prudential AMC Ltd<\/a>\u00a0sees 2023.<\/p>\n<p>&nbsp;<\/p>\n<p>Let\u2019s take a quick look at the details of the reports with some interesting data points and charts.<\/p>\n<p>&nbsp;<\/p>\n<h4><\/h4>\n<h4><span class=\"ez-toc-section\" id=\"Macro_trend_1_High_inflation_beckons\"><\/span>Macro trend 1: High inflation beckons<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>&nbsp;<\/p>\n<p>Developed Economies witnessing sticky high-inflation.<\/p>\n<figure><img class=\"lazy-loaded\" src=\"https:\/\/media.licdn.com\/dms\/image\/D4D12AQFgQjLpC5Hf8Q\/article-inline_image-shrink_1500_2232\/0\/1674119473276?e=1679529600&amp;v=beta&amp;t=XhjhrHSK4nwjLICt0SP5uxTZEn3bdWKSXB62WRfdcaU\" alt=\"No alt text provided for this image\" data-media-urn=\"\" \/><\/figure>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Macro_trend_2_Age_of_low_corporate_taxes_is_over\"><\/span>Macro trend 2: Age of low corporate taxes is over<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>&nbsp;<\/p>\n<p>with the US &amp; UK set to hike corporate tax rates to 28% &amp; 25%.<\/p>\n<figure><img class=\"lazy-loaded\" src=\"https:\/\/media.licdn.com\/dms\/image\/D4D12AQGSMGozWANqrA\/article-inline_image-shrink_1500_2232\/0\/1674119505535?e=1679529600&amp;v=beta&amp;t=9sIb1Mie2z4kWc9MmOcFQFT2UzLknRgDROAkauZgPFI\" alt=\"No alt text provided for this image\" data-media-urn=\"\" \/><\/figure>\n<p>&nbsp;<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Macro_trend_3_Geo-political_escalation\"><\/span>Macro trend 3: Geo-political escalation<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>&nbsp;<\/p>\n<p>This century seemed peaceful until 2018, post which we saw multiple geo-political issues again coming to the fore.<\/p>\n<figure><img class=\"lazy-loaded\" src=\"https:\/\/media.licdn.com\/dms\/image\/D4D12AQGAHU_tRES1DA\/article-inline_image-shrink_1500_2232\/0\/1674119534090?e=1679529600&amp;v=beta&amp;t=bISyUnTDbEIWF8yXRRRYQIwH48tOTnAeKW14ZxOQQO8\" alt=\"No alt text provided for this image\" data-media-urn=\"\" \/><\/figure>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Macro_trend_4_Fed_tightening\"><\/span>Macro trend 4: Fed tightening<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>&nbsp;<\/p>\n<p>The era of low interest rate and QE is also over \ud83d\ude41 We are now moving again towards a high-interest rate and limited liquidity. Tighten your seatbelts fellas!<\/p>\n<figure><img class=\"lazy-loaded\" src=\"https:\/\/media.licdn.com\/dms\/image\/D4D12AQGGmtGhwkIs4Q\/article-inline_image-shrink_1500_2232\/0\/1674119569339?e=1679529600&amp;v=beta&amp;t=haAzvhMTXys0Fk0LjsMbvPc2wwUjB1pE3OIkhWWW_Kk\" alt=\"No alt text provided for this image\" data-media-urn=\"\" \/><\/figure>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Macro_trend_4_Low_to_high_volatility\"><\/span>Macro trend 4: Low to high volatility<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>&nbsp;<\/p>\n<p>QE led to low volatility. Tightening will rock the boat.<\/p>\n<figure><img class=\"lazy-loaded\" src=\"https:\/\/media.licdn.com\/dms\/image\/D4D12AQElWvtnlAtlCQ\/article-inline_image-shrink_1500_2232\/0\/1674119600008?e=1679529600&amp;v=beta&amp;t=np48GnJ4_NIhAInaGrdNQsg4Kom818xqPrnbtQKtXQ0\" alt=\"No alt text provided for this image\" data-media-urn=\"\" \/><\/figure>\n<p>&nbsp;<\/p>\n<p>4 Huge trends outlined above need you to change your investment strategy, says\u00a0<a target=\"_blank\" rel=\"nofollow noopener\">ICICI Prudential AMC Ltd<\/a>\u00a0to one that is multi-asset:<\/p>\n<p>Equities<\/p>\n<p>+ Select Global Investing<\/p>\n<p>+ Fixed Income<\/p>\n<p>+ Gold<\/p>\n<p>&nbsp;<\/p>\n<figure><img class=\"lazy-loaded\" src=\"https:\/\/media.licdn.com\/dms\/image\/D4D12AQG7LZp9Q7Pm4Q\/article-inline_image-shrink_1500_2232\/0\/1674119659905?e=1679529600&amp;v=beta&amp;t=z470i3w-xkQHAlK49sTD21NrbO8l9YXcHkfq-F1_CtM\" alt=\"No alt text provided for this image\" data-media-urn=\"\" \/><\/figure>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><a target=\"_blank\" rel=\"nofollow noopener\">ICICI Prudential AMC Ltd<\/a>\u00a0case for Indian Equity is backed by our long-term structural story and specifically 6 key catalysts.<\/p>\n<p>&nbsp;<\/p>\n<p>The &#8220;Striking Six&#8221; catalysts are ?<\/p>\n<p>&nbsp;<\/p>\n<figure><img class=\"lazy-loaded\" src=\"https:\/\/media.licdn.com\/dms\/image\/D4D12AQFpgFoXK97CAw\/article-inline_image-shrink_1500_2232\/0\/1674119707863?e=1679529600&amp;v=beta&amp;t=wzAyHc9qx_7V7Bl5a7BdYg0LlvegbKYiyDVIdKg_zAI\" alt=\"No alt text provided for this image\" data-media-urn=\"\" \/><\/figure>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h4><span class=\"ez-toc-section\" id=\"India_Catalyst_1_Strong_crisis_management\"><\/span>India Catalyst 1: Strong crisis management<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>&nbsp;<\/p>\n<p>We are no longer the *Fragile Five*. We recovered from the pandemic better than others and with growth in GST and vehicle sales??<\/p>\n<p>&nbsp;<\/p>\n<figure><img class=\"lazy-loaded\" src=\"https:\/\/media.licdn.com\/dms\/image\/D4D12AQEfdR0D3wu3vQ\/article-inline_image-shrink_1500_2232\/0\/1674119747877?e=1679529600&amp;v=beta&amp;t=0LZbc3ULhPAj2z3sYkby_irw0Uwg9XugDBTNum6kiw0\" alt=\"No alt text provided for this image\" data-media-urn=\"\" \/><\/figure>\n<p>&nbsp;<\/p>\n<h4><span class=\"ez-toc-section\" id=\"India_Catalyst_2_Fortifying_the_Macros\"><\/span>India Catalyst 2: Fortifying the Macros<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>&nbsp;<\/p>\n<p>Lower stressed assets of Banks + deleveraged corporate balance = ?<\/p>\n<figure><img class=\"lazy-loaded\" src=\"https:\/\/media.licdn.com\/dms\/image\/D4D12AQHa5iB_faahUw\/article-inline_image-shrink_1500_2232\/0\/1674119779214?e=1679529600&amp;v=beta&amp;t=GH4A6bLysMFDjVooqcLmXYoHmWMPPYWT5seKyarqJXM\" alt=\"No alt text provided for this image\" data-media-urn=\"\" \/><\/figure>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h4><span class=\"ez-toc-section\" id=\"India_Catalyst_3_The_Magic_Wand_of_CAPEXw\"><\/span>India Catalyst 3: The Magic Wand of CAPEXw<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>&nbsp;<\/p>\n<p>Govt. focus on Infrastructure Capex via reforms like PM \u2018Gati Shakti\u2019 can multiply market size across industries.<\/p>\n<p>&nbsp;<\/p>\n<figure><img class=\"lazy-loaded\" src=\"https:\/\/media.licdn.com\/dms\/image\/D4D12AQHbLjGjUKYjUQ\/article-inline_image-shrink_1500_2232\/0\/1674119844070?e=1679529600&amp;v=beta&amp;t=ncVxqG19009OgkgQt45xEOIlhw9FGtZzPqv0zJL39Wk\" alt=\"No alt text provided for this image\" data-media-urn=\"\" \/><\/figure>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h4><span class=\"ez-toc-section\" id=\"India_Catalyst_4_Powering_the_Consumption_Engine\"><\/span>India Catalyst 4: Powering the Consumption Engine<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>&nbsp;<\/p>\n<p>\u2018Capex + Rising Working Age Population\u2019 coupled with wider scope for penetration can accelerate India\u2019s Consumption Engine<\/p>\n<figure><img class=\"lazy-loaded\" src=\"https:\/\/media.licdn.com\/dms\/image\/D4D12AQE9MhZQGdcJLg\/article-inline_image-shrink_1500_2232\/0\/1674119881255?e=1679529600&amp;v=beta&amp;t=9qsEh3IbDc2idpAIcD1omvNlOiZgtDm07bopDe_UpNo\" alt=\"No alt text provided for this image\" data-media-urn=\"\" \/><\/figure>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h4><span class=\"ez-toc-section\" id=\"India_Catalyst_5_Winning_Hand_in_China1\"><\/span>India Catalyst 5: Winning Hand in China+1<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>&nbsp;<\/p>\n<p>Increasing labor supply with the lowest manufacturing wages makes India an attractive destination for \u2018China+1\u2018 theme.<\/p>\n<p>&nbsp;<\/p>\n<figure><img class=\"lazy-loaded\" src=\"https:\/\/media.licdn.com\/dms\/image\/D4D12AQE8ejg2m2soIw\/article-inline_image-shrink_1500_2232\/0\/1674119912337?e=1679529600&amp;v=beta&amp;t=kvnrBeaX9ANBJm6j9ckhg2dOfkBPXMJWlMPscAsl-mk\" alt=\"No alt text provided for this image\" data-media-urn=\"\" \/><\/figure>\n<p>&nbsp;<\/p>\n<p>However, valuations will remain ?<\/p>\n<p>&nbsp;<\/p>\n<figure><img class=\"lazy-loaded\" src=\"https:\/\/media.licdn.com\/dms\/image\/D4D12AQFrqbR5YTjC1g\/article-inline_image-shrink_1500_2232\/0\/1674119946514?e=1679529600&amp;v=beta&amp;t=Duq7tInHImMElg2E84G8XMIaZbDnU9beyYPFzcrcKRI\" alt=\"No alt text provided for this image\" data-media-urn=\"\" \/><\/figure>\n<p>&nbsp;<\/p>\n<p><a target=\"_blank\" rel=\"nofollow noopener\">ICICI Prudential AMC Ltd<\/a>\u00a0case for global investing is to tap themes\/opportunities of the future which are not available in domestic markets\u2026<\/p>\n<p>&nbsp;<\/p>\n<figure><img class=\"lazy-loaded\" src=\"https:\/\/media.licdn.com\/dms\/image\/D4D12AQHCxx9fUX_OGw\/article-inline_image-shrink_1500_2232\/0\/1674119983859?e=1679529600&amp;v=beta&amp;t=q26bBnqLtjz8E-n20p3KGWNFEBxjhYre2s7TCftl_x8\" alt=\"No alt text provided for this image\" data-media-urn=\"\" \/><\/figure>\n<p>&nbsp;<\/p>\n<p>\u2026..and global valuations in certain pockets are looking attractive.<\/p>\n<p>&nbsp;<\/p>\n<figure><img class=\"lazy-loaded\" src=\"https:\/\/media.licdn.com\/dms\/image\/D4D12AQEfXrCR1GMkNQ\/article-inline_image-shrink_1500_2232\/0\/1674120019352?e=1679529600&amp;v=beta&amp;t=7Vd3xiA9uMa9YI0hw6hwMH6RHTFkmiOJCMKPUTw5gl8\" alt=\"No alt text provided for this image\" data-media-urn=\"\" \/><\/figure>\n<p>&nbsp;<\/p>\n<p><a target=\"_blank\" rel=\"nofollow noopener\">ICICI Prudential AMC Ltd<\/a>\u00a0case for Fixed Income rests in 3 key reasons<\/p>\n<p>&nbsp;<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Fixed_Income_Catalyst_1_Debt_instruments_yields_moving_higher\"><\/span>Fixed Income Catalyst 1: Debt instruments yields moving higher<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>&nbsp;<\/p>\n<p>increasing the relative attractiveness of fixed income investments.<\/p>\n<p>&nbsp;<\/p>\n<figure><img class=\"lazy-loaded\" src=\"https:\/\/media.licdn.com\/dms\/image\/D4D12AQF_wnVGra9NUw\/article-inline_image-shrink_1500_2232\/0\/1674120074220?e=1679529600&amp;v=beta&amp;t=rq8RZM4hHkizACOSW22JZZIrjznSFpzRMagt2U-uba0\" alt=\"No alt text provided for this image\" data-media-urn=\"\" \/><\/figure>\n<p>&nbsp;<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Fixed_Income_Catalyst_2_Efficient_transmission_of_rates\"><\/span>Fixed Income Catalyst 2: Efficient transmission of rates<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>&nbsp;<\/p>\n<p>When it comes to capital markets compared to traditional investment avenues.<\/p>\n<p>&nbsp;<\/p>\n<figure><img class=\"lazy-loaded\" src=\"https:\/\/media.licdn.com\/dms\/image\/D4D12AQE9_2494ubXDQ\/article-inline_image-shrink_1500_2232\/0\/1674120106070?e=1679529600&amp;v=beta&amp;t=vHaRkL8uV8zrClFT5NG7uoSCFrOEPw4mDauFf29cb1A\" alt=\"No alt text provided for this image\" data-media-urn=\"\" \/><\/figure>\n<p>&nbsp;<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Fixed_Income_Catalyst_3_YTM_of_debt_MFs_have_improved\"><\/span>Fixed Income Catalyst 3: YTM of debt MFs have improved<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>&nbsp;<\/p>\n<p>Making the risk-reward attractive.<\/p>\n<p>&nbsp;<\/p>\n<figure><img class=\"lazy-loaded\" src=\"https:\/\/media.licdn.com\/dms\/image\/D4D12AQFjbeKxnihZEA\/article-inline_image-shrink_1500_2232\/0\/1674120137848?e=1679529600&amp;v=beta&amp;t=d1aiH12rBDEd8v8eNbZ7bHxtFHFRcb9YaAU6LuW9O6g\" alt=\"No alt text provided for this image\" data-media-urn=\"\" \/><\/figure>\n<p>&nbsp;<\/p>\n<p>It makes a case for low to moderate-duration investments. Here&#8217;s why.<\/p>\n<p>&nbsp;<\/p>\n<figure><img class=\"lazy-loaded\" src=\"https:\/\/media.licdn.com\/dms\/image\/D4D12AQFaMkWRdoelpQ\/article-inline_image-shrink_1500_2232\/0\/1674120156566?e=1679529600&amp;v=beta&amp;t=vGuhLVEQr5wDut2NDrmZM_Ewhx7wBCYWgy4z_ublV1w\" alt=\"No alt text provided for this image\" data-media-urn=\"\" \/><\/figure>\n<p>&nbsp;<\/p>\n<p><a target=\"_blank\" rel=\"nofollow noopener\">ICICI Prudential AMC Ltd<\/a>\u00a0case on Gold is that it performs in an inflationary + de-growing environment.<\/p>\n<p>&nbsp;<\/p>\n<figure><img class=\"lazy-loaded\" src=\"https:\/\/media.licdn.com\/dms\/image\/D4D12AQFdQe8K07LmPA\/article-inline_image-shrink_1500_2232\/0\/1674120195028?e=1679529600&amp;v=beta&amp;t=N_b4iBEpDoMxX58khXL0ih7fyajUsYBbh1LYLTkfxkw\" alt=\"No alt text provided for this image\" data-media-urn=\"\" \/><\/figure>\n<p>&nbsp;<\/p>\n<p><a target=\"_blank\" rel=\"nofollow noopener\">ICICI Prudential AMC Ltd<\/a>\u00a0Investment Approach for 2023 is &#8220;SAFE&#8221;.<\/p>\n<p>Staggered: Boost SIP\/STP in Equity Schemes<\/p>\n<p>Asset Allocation: Expect volatility<\/p>\n<p>Fixed Income: Debt schemes attractive post rate hikes<\/p>\n<p>Equity Arbitrage: To park surplus funds<\/p>\n<p>&nbsp;<\/p>\n<p>That was a quick glance at <a href=\"https:\/\/kuvera.in\/amc\/icici\">ICICI Prudential<\/a> 2023 economic prediction report.<\/p>\n<p>&nbsp;<\/p>\n<p>What are your views on this? Tell us in the comments.<\/p>\n<p>&nbsp;<\/p>\n<p><em>Interested in how we think about the markets?<\/em><\/p>\n<p><strong>Read more: <a href=\"https:\/\/kuvera.in\/blog\/category\/zen-and-the-art-of-investing\/\">Zen And The Art Of Investing<\/a><\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Watch here:<\/strong> Kuvera Insights: All about Quant Funds with experts<\/p>\n<div class=\"embed-container\">\n<div class=\"embed-container\"><iframe src=\"https:\/\/www.youtube.com\/embed\/RMRszAX4ZWM\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\" data-mce-fragment=\"1\"><\/iframe><\/div>\n<\/div>\n<div><\/div>\n<p>Start investing through a platform that brings goal planning and investing to your fingertips. Visit <a href=\"https:\/\/www.youtube.com\/watch?v=R7g03UwJAT8&amp;utm_source=Blog&amp;utm_medium=Weekly+wrap+22nd+July\" target=\"_blank\" rel=\"noopener\">kuvera.in<\/a> to discover Direct Plans and <a href=\"https:\/\/kuvera.in\/explore\/fixed-deposit\/c\/all\">Fixed Deposits<\/a> and start investing today. #MutualFundSahiHai #KuveraSabseSahiHai<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cBeginning of a New Era\u201d\u00a0 That&#8217;s how\u00a0ICICI Prudential AMC Ltd\u00a0sees 2023. &nbsp; Let\u2019s take a quick look at the details of the reports with some interesting data points and charts. &nbsp; Macro trend 1: High inflation beckons &nbsp; Developed Economies witnessing sticky high-inflation. &nbsp; &nbsp; Macro trend 2: Age of low corporate taxes is over [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/kuvera.in\/blog\/beginning-of-a-new-era-icici-prudential-amc-2023-report\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":11,"featured_media":20767,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[328,335],"tags":[2115,1763,2116],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>\u201cBeginning of a New Era\u201d | ICICI Prudential AMC 2023 Report - Kuvera<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kuvera.in\/blog\/beginning-of-a-new-era-icici-prudential-amc-2023-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u201cBeginning of a New Era\u201d | ICICI Prudential AMC 2023 Report - Kuvera\" \/>\n<meta property=\"og:description\" content=\"\u201cBeginning of a New Era\u201d\u00a0 That&#8217;s how\u00a0ICICI Prudential AMC Ltd\u00a0sees 2023. &nbsp; Let\u2019s take a quick look at the details of the reports with some interesting data points and charts. &nbsp; Macro trend 1: High inflation beckons &nbsp; Developed Economies witnessing sticky high-inflation. &nbsp; &nbsp; Macro trend 2: Age of low corporate taxes is over [...]Read More...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/kuvera.in\/blog\/beginning-of-a-new-era-icici-prudential-amc-2023-report\/\" \/>\n<meta property=\"og:site_name\" content=\"Kuvera\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/kuvera.in\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-19T13:00:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2023\/01\/Screenshot-2023-01-19-183005.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"285\" \/>\n\t<meta property=\"og:image:height\" content=\"200\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Kuvera\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Kuvera_In\" \/>\n<meta name=\"twitter:site\" content=\"@Kuvera_In\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kuvera\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"\u201cBeginning of a New Era\u201d | ICICI Prudential AMC 2023 Report - Kuvera","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/kuvera.in\/blog\/beginning-of-a-new-era-icici-prudential-amc-2023-report\/","og_locale":"en_US","og_type":"article","og_title":"\u201cBeginning of a New Era\u201d | ICICI Prudential AMC 2023 Report - Kuvera","og_description":"\u201cBeginning of a New Era\u201d\u00a0 That&#8217;s how\u00a0ICICI Prudential AMC Ltd\u00a0sees 2023. &nbsp; 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