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Gold, global equities, largecaps, midcaps and smallcaps: Samco CEO Jimet Modi’s five-way portfolio formula
Economic Times 2 hrs ago·22 Oct 2026, 2:46 am
India’s stock market is currently navigating a challenging phase, with valuations in mid- and smallcap segments appearing stretched while largecap stocks lack clear growth catalysts. In this environment, Samco Securities CEO Jimeet Modi suggests a strategic diversification strategy to manage risk. He proposes a balanced portfolio allocation of 20% each across five key asset classes: largecaps, midcaps, smallcaps, gold, and global equities. This approach aims to reduce concentration risk and smooth out potential volatility.
For investors, this five-way formula offers a structured way to navigate a likely range-bound market over the next 10 to 12 months. By holding a mix of domestic and international equities alongside a traditional safe-haven asset like gold, investors can potentially cushion their portfolio against sharp swings in any single segment. This strategy focuses on broad exposure rather than chasing specific trends, aiming for stability in uncertain times.
Moving forward, investors should monitor the performance of global markets and the movement of gold prices, as these will be key indicators for this strategy. Additionally, keeping an eye on the earnings growth of largecap companies will be crucial, as they are expected to act as a stabilizing force in the portfolio. This balanced approach helps investors stay prepared for a market that is neither in a full-fledged bull run nor a deep bear phase.
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