Mahendra Kumar Jajoo, Chief Investment Officer (CIO) - Fixed Income, Mirae Asset Investment Managers (India), spoke about the role of debt in portfolio diversification at the Outlook Money 40After40 on February 7.
Jajoo emphasised the importance of diversifying portfolios with debt investments to ride market volatility smoothly. Jajoo noted that for a typical Indian household, debt constitutes about 60 per cent of the overall portfolio.
Read more: https://www.outlookmoney.com/retirement/invest/outlook-money-40after40-why-diversifying-your-portfolio-with-debt-is-important-mahendra-jajoo-of-mirae-asset-explains