Interview

'It's companies, not markets, that create wealth'

ICICI Prudential AMC's Shah also explains why valuation is important

ICICI Pru AMC’s Shah on wealth creation, and the BMV framework

In the often noisy world of equity markets, Anand Shah, Chief Investment Officer - PMS & AIF at ICICI Prudential AMC, stands out for his unwavering focus on fundamentals. With over two decades of experience and a framework he developed all the way back as a fresher, Shah has consistently followed a bottom-up investing style that emphasises business strength, management quality and valuation discipline - a method he calls the 'BMV framework'.

This story is not available as it is from the Mutual Fund Insight May 2025 issue

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