What is your real return?

Of course.

My point is that, diversification among asset classes is both a broad strategy and can be customized as per the requirements. And equity as a component in itself can be diversified too as per one’s own requirements through stocks, ETFs, or even active funds.

This is all personal finance, as much as it is about financial products, it is personal too. And I for one, like the availability of so many choices to construct a PF as per time, capital and return expectation.