The case for fixed income now
Indian investors have spent the last decade chasing equity returns. With rates near a cycle peak and inflation moderating, fixed income now offers real yields and downside protection that equities can't easily match.
Across our 15,000+ active investors, we see three patterns: a barbell of G-Secs and high-yield NCDs, ladders of AAA / AA paper for retirees, and tactical bets on PSU bonds when spreads widen.
Building your allocation
The right mix depends on tenor, tax bracket, and liquidity needs — not on chasing the highest YTM on the screen.
Start with a duration target, then layer credit. Most retail investors over-rotate on YTM and end up with a portfolio that wasn't designed for their goals.
