Financial Planning
When it comes to investing, investors have a variety of options to choose from. Within the debt universe itself, there are a variety of offerings based on the risk appetite and timeframe one is ready to stay invested. In every portfolio, debt has an important role to play. This is especially true in times of turbulence. For instance, when the global economic crisis struck in 2008, the equity return for the year was -51 per cent while the return from debt instruments stood at 28 per cent. Similarly, during the onset of the pandemic, debt was largely resilient in nature.