Time to spread bets overseas
16 Aug 2021
Share

As equity valuations turn expensive amid the record breaking rally, financial planners are telling investors to diversify their stock portfolios globally and allocate 10-15% of their holding overseas over the next two years. Global markets have a low correlation with Indian stocks and help reduce risk. For instance, Indian markets have a 0.16% correlation with Wall Street, 0.25 with the World and 0.32 with Europe. ET spoke to financial planners,