How long will the latest bull run last? Nilesh Shah answers
“When one is overweight India, one can afford to trim the overweight and become neutral weight, but in a performing market, very few fund managers will be able to remain underweight India. That is where we believe a little bit of frustration trade is emerging. Also, in the FTSE Index, Korea has been upgraded from emerging market to developed market. If that happens, there will be an increase in India’s weightage in MSCI.”