Worried that people think equities are like FDs: ICICI AMC's Naren

ICICI Prudential AMC's Chief Investment Officer S Naren said it's worrying when people think equities are like fixed deposits. "Our job is to temper expectations," he said. "Returns from markets on a one-year basis are still high, but we are not in a situation where you can tell people to invest aggressively," he further stated.