Despite recent flat equity returns and rupee depreciation, India’s long-term growth story remains robust, according to Sanctum Wealth’s Shiv Gupta. He advises NRIs to maintain their India allocation, highlighting financialization and manufacturing as key drivers. Gupta emphasizes understanding India’s role within a global portfolio and evaluating returns based on long-term earnings growth rather than short-term currency fluctuations. Mistakes often stem from administrative oversights and misjudging market cycles.