With India’s stock market caught between expensive mid- and smallcaps and largecaps that lack strong growth drivers, Samco Securities founder and CEO Jimeet Modi is recommending a deliberately balanced portfolio: 20% each in largecaps, midcaps, smallcaps, gold and global equities.
Modi expects the market to remain range-bound for the next 10 to 12 months, with neither an immediate bull market nor a deep, panic-driven bear market. His message to investors is clear: avoid concentration, resist the rush into smallcaps and spread risk across asset classes as the market undergoes a prolonged time correction.
