Fixed income should be treated as an essential part of every investment portfolio as it provides predictable income and helps investors plan for different financial goals, said Riddham Lakhani, AD, The Fixed Income. Drawing a Bollywood reference from the Amitabh Bachchan-starrer Deewar, Lakhani compared debt to the “mother” in a portfolio, echoing the film’s famous “Mere paas maa hai” dialogue. “In the context of a portfolio, that ‘mother’ is debt. Everyone must absolutely have debt in their portfolio; it is essential,” he said.
