New Delhi, April 22 -- Amid heightened global uncertainty and volatile equity markets, Kotak Mahindra Asset Management Company Managing Director Nilesh Shah has advised investors to stay disciplined and adhere to asset allocation strategies, stressing that current market valuations are neither deeply attractive nor excessively stretched.

In an exclusive interview with ANI, Shah said market positioning should be guided by individual allocation rather than short-term sentiment.

"My answer is simple. You follow your dharma of asset allocation. If you are overweight equity, this is time to sell because markets are not cheap. If you are underweight equity, this is time to buy because markets are fairly valued. And if you are equal weight equ...