Parekh’s portfolio positioning is tilted towards domestic sectors and underweight on global themes. He maintains a mild overweight in discretionary and capital goods, with specific stock picks like Polycab, DLF, and Syrma. In financials, he remains neutral overall but is underweight on banks due to NIM and credit growth concerns. However, he prefers NBFCs, housing finance, and capital market firms, where growth visibility and valuation comfort are higher. He has no exposure to oil & gas and FMCG, and is underweight on IT.
