ET Alpha Wealth Summit | 'Don't think the US is the world': Devina Mehra's 3 rules for getting global investing right

At the ET Alpha Wealth Summit, First Global's Devina Mehra and other wealth managers argued that Indian HNIs should pursue global diversification deliberately, noting India represents less than 3% of global market capitalisation and the rupee has structurally depreciated from Rs 12/USD. Mehra highlighted three pitfalls for Indian investors going global: knee-jerk reactions to geopolitics, a US-centric worldview, and poor fund manager selection. Citing 125 years of data, she noted markets typically recover within six months of major geopolitical events unless the country is directly involved in the conflict.