Expert view, June 29 -- Sorbh Gupta, the head of equity at Bajaj Finserv Asset Management, believes several factors create a compelling setup for Indian equities to outperform other emerging markets in the coming period. In an interview with Mint, Gupta said that at the current levels, the risk-reward profile appears balanced for long-term investors. Besides, he emphasised that opportunities continue to exist in the mid- and small-cap segments, even as large caps offer relative valuation comfort. Edited excerpts:

Indian equities have underperformed both in emerging and developed markets. But the tide is turning.

We are seeing early signs of a cyclical earnings recovery in corporate India, and that should increasingly reflect in stock pr...