S Naren of ICICI Prudential Mutual Fund suggests SIP in these undervalued themes
'There are areas where the markets are massively undervalued'
'I believe this is the right time to start SIP in themes like special-situation, banking, infrastructure, value-oriented'
Covid 19 became the major reason for the stock markets worldwide to be highly volatile this year. Be it the announcement of lockdown or now for the recent few weeks, any news about vaccine, crazily impacts the sentiments of direct stock pickers. But top fund managers in the Indian mutual fund industry see a lot of opportunities in this clumsy stock markets. S Naren, chief investment officer, ICICI Prudential Mutual Fund believes this is the time to look at the most undervalued themes and sectors to start investing systematically through SIPs for a long term.