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.<br /><br />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.<br /><br />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