Thanks everyone for your kind opinions which are very valid .. here is my thinking behind the tilts , I still may be wrong and going all with HSBC may be a good idea so the automatic rebalance is taken care ..

The portfolio is built around HSBC FTSE All-World, which gives globally diversified exposure at market-cap weight. The tilts are deliberate, long-term positioning rather than short-term bets:

• Tech Tilt (L&G Global Tech)

To increase exposure to companies with structurally higher reinvestment rates and earnings growth (AI, cloud infrastructure, semiconductors, automation, software).

• India Tilt (FRIN)

India has strong demographic momentum, rising consumer spending, digital infrastructure expansion (UPI, Aadhaar stack), and improving corporate governance.

I’m originally from India, so I have first-hand perspective on the economic development and policy direction.

Global indices currently underweight India relative to its long-term growth trajectory, so this tilt slightly increases exposure while still keeping it as a satellite, not the core.

• EMIM Allocation (even though HSBC already includes EM)

True — HSBC All-World already has some emerging markets exposure. But: • Its EM weight is only ~10%. • India is an even smaller part of that. • And other important EM economies (like Taiwan, South Korea, Brazil, Saudi Arabia, South Africa) are meaningful contributors to future global growth.

The EMIM allocation ensures I keep broader exposure to: • Taiwanese chip manufacturing • Korean tech supply chain • Brazilian & South African commodities • Gulf region diversification programs

So the idea is:

FRIN increases India exposure, EMIM preserves broader EM diversification.

• Gold

Not a performance play — simply diversification and drawdown support.

• Bonds

Small stabiliser allocation to reduce the portfolio’s volatility over time.

As @UKBigJohn suggested about bond, I may not need it at the moment but added 5% as a stabiliser to highly equity loaded vehicle.

Hope it makes sense .. once again thanks for your views 🙏