One more asset allocation tip

Whenever the stock markets behave how they did at the end of 2024 and the first quarter of 2025, they set us thinking - are we in the right funds? Are we with the right sectors and stocks? Did our advisors give us the right advice? Well, fortunately or unfortunately, it depends on how you look at it; this is not only or not even directly about your portfolio, but also not about the right sectors or stocks! So, the right question is not whether we are in the right fund, portfolio, sector or stocks; you can always do something better. The right question is probably whether we are on the right planet and in the right asset class. It's not like someone woke up one fine morning and decided India is a bad market, and that let me sell India. This is global uncertainty amidst Mr Trump's initiative to change the world order. If globally, emerging markets' funds see a withdrawal of $100 billion, it's not unlikely that we in India would have $15-20 billion of withdrawal from our markets. This is not just about your portfolio; it is much larger. Don't sell because foreigners are selling. Let me illustrate this with a story from the Panchatantra tales - The Cap Seller and the Monkeys. Once upon a time, a cap seller travelled from village to village selling colourful caps. One day, feeling tired, he decided to nap under a tree and soon fell asleep, leavi