While our portfolio will have around 2/3 exposure in large caps because concentration is building up, that doesn’t inherently mean selling mid and small cap point blank – but we will have to be a lot more careful in terms of where we want to position.

The top three sectors almost make up 70% of our portfolio and that’s what we refer when talking about concentration getting built into the portfolio today. If I look at what are expectations for the year – Over the next four quarters, we expect narrowness in earnings, which means you’ll see a lot more volatility from a stock specific perspective.