This is not the time to be overweight or underweight on equity. Follow a disciplined asset allocation model, says Nilesh Shah, MD, Kotak AMC.
In terms of asset allocation, does it make sense to have a larger exposure to equities as opposed to fixed income?
Markets are at fair value now. It is no longer cheap like March, April, May, June 2020. So, have equal weight allocation to equity. And equal weight does not mean that you sell off your equities, it means that you maintain that portion of equity which your risk profile permits.