This balanced fund manager is now 42-43% in equity. Here’s why
Ashutosh Bhargava of Nippon India Mutual Funds say that this is not the time to be overweight on equities either on the valuation side or from a trend perspective. Currently, they are definitely running a net equity allocation which is below average. Ususally it is between 30% and 80% and today, it is around 42-43% net equity.”
