Sandip Bansal of ASK Investment Managers shares his perspective on the weakening rupee and how fund managers are adapting. He explains that while a softer rupee raises import costs - especially for capital goods and oil - it also supports exports and helps cushion the impact of US tariffs. With crude prices remaining muted, the pressure from imports has been manageable. Bansal notes that currency volatility is not desirable but is an unavoidable part of markets. Rather than viewing it as a nightmare, fund managers adjust portfolios to evolving macro conditions. In this environment, ASK has taken a tactical call on the IT sector, supported by export orientation, attractive valuations, and signs of improving demand, turning currency weakness into a strategic opportunity.