ET Wealth Expo | Only 6 of 1990's Sensex stocks survive: S Naren's case for smarter asset allocation

S Naren of ICICI Prudential Mutual Fund highlights how only six companies from the 1990 Sensex remain in the benchmark today. At ET Wealth Expo, he explained why beaten-down stocks may never recover and urged investors to distinguish between asset allocation and stock selection, while cautioning against chasing strong past returns.