A dual-axis line chart titled “Change in Equity Weight in DV Model Portfolio” compares the India equity allocation weight in a model portfolio with the Nifty 50 index from August 2020 to March 2026. The black stepped line represents India equity weight percentages on the left axis, ranging from 25% to 60%. The allocation starts near 45%, peaks around 57% in late 2020, then generally declines with periodic adjustments, reaching lows near 26% in late 2022 before stabilizing around 39% to 40% by March 2026.

The grey line represents the Nifty 50 index on the right axis, ranging from approximately 10,500 to 26,500. The index shows an overall upward trend with fluctuations, peaking near 26,000 in late 2025 before declining toward March 2026.

The chart illustrates how the portfolio’s equity allocation changes over time alongside broader market movements in the Nifty 50 index.