Market cycles and the case for flexible allocation

Market cycles and the case for flexible allocation


Every investment idea begins with opportunity and quietly ends with concentration. What starts as thoughtful allocation can harden into rigidity, the belief that what just worked will continue to lead. In Indian equities, that assumption rarely survives long. Leadership rotates. Narratives shift. Valuations reset. Flexibility, therefore, is not a tactical overlay. It is the allocation framework itself.

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