ETMarkets Smart Talk| Building a Rs 10-lakh portfolio in 2026? Naveen Kulkarni of Axis Securities recommends 50%+ in equities

Indian markets are at record highs. Investors are reviewing asset allocation for the coming year. Naveen Kulkarni of Axis Securities PMS suggests a ₹10-lakh portfolio for 30-40 year olds. Equities should exceed 50%. Debt and gold will form the rest. FIIs may return in 2026. BFSI, power, and consumption sectors are expected to lead.

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