NRI Talk| Equities at 45%, gold at 10-12%: Shiv Gupta of Sanctum Wealth's ideal India portfolio for NRIs

Shiv Gupta, Founder and CEO of Sanctum Wealth, has recommended an ideal India portfolio for NRIs that allocates 45% to equities, 28-30% to cash/debt/arbitrage, 10-12% to gold, 10% to private-market alternatives, and 5% to REITs and InvITs. Gupta views the recent two-year flat performance and 10% rupee depreciation as a cyclical phase rather than a structural break, noting valuations have improved from the 2024 peak and remain supported by earnings growth. He highlights financialization and manufacturing as the most compelling structural themes, citing monthly SIP flows above 30,000 crore as evidence of a durable shift of household savings into financial assets.