New Delhi, July 22 -- "Bet on what you understand" is the investing philosophy Bajaj Asset Management's chief investment officer, Nimesh Chandan, has long followed. So, even as the global AI rally drew investors into a handful of US technology stocks and India delivered subdued returns for nearly two years, he felt no FOMO (fear of missing out).

The veteran fund manager with 26 years of investment experience has zero exposure to international equities. "I have a very strong home bias in terms of investing. I am very bullish on India across asset classes, whether fixed income or equities. I typically want to invest completely in what I understand," he said.

That home bias isn't a tactical call based on current market conditions but an in...