Despite the recent highs in global markets, many Indian investors remain cautious about overseas investments due to various hurdles. Himanshu Kohli, Co-founder of Client Associates, identifies taxation complexities, particularly under the Liberalized Remittance Scheme (LRS), and the impact of Tax Collected at Source (TCS) on cash flows as significant concerns. Limited awareness and operational ambiguity regarding global investment structures further complicate the situation. Kohli advises investors to hold existing U.S. assets while gradually reallocating towards emerging markets, especially as historical trends suggest these markets often outperform during periods of U.S. dollar weakness. He emphasizes a strategic approach to asset allocation, advocating for rebalancing rather than timing, and highlights the importance of systematic investing to manage entry risks. As the new financial year begins, Kohli suggests that this is an opportune moment for investors to plan their overseas investments and consider sectors like technology, energy, and defense for potential growth.