Investors should avoid thinking of debt as a risk-free asset class: Devang Shah of Axis Mutual Fund explains why
Devang Shah, head of fixed income at Axis Mutual Fund, advised investors to reconsider viewing debt as a risk-free asset class. He highlighted that different debt segments carry varying risks, including interest-rate and credit risks, especially as the Reserve Bank of India anticipates inflation of 5-5.25% and potential rate hikes. Investors should tailor their debt strategies based on individual financial goals and timelines.