Why have you included US Equity?
The US economy has different factors affecting it from those that affect our economy in India. Your investments in US Equity will therefore behave differently from those in Indian Equity providing you diversification advantage.
There is an additional currency element to US Equity. You also gain from the US Dollar appreciation over time.
Therefore, for Scripbox Wealth Edge, we have included an allocation to US Equity in addition to Indian Equity.