Its High Time for India to Develop a Well-Functioning Bond Market – Shyam Maheshwari Gives a Deeper Analysis on the Scenario
Shyam Maheshwari is the founder and partner of SSG Capital Management. Maheshwari serves on the Ares SSG investment committee and is a director of Ares SSG Singapore. He focuses primarily on origination and evaluation of investment opportunities in India and other regions throughout Asia. Mr. Maheshwari is also an Associate Member at the institute of Chartered Accountants of India. Shyam Maheshwari evaluates the importance of fixed income deposits becoming part of the core portfolio. He asserts that just like the global market, fixed income should be a dominant part of the investment portfolio. “Generally, bank deposits, savings accounts, etc formed the base for fixed income. However, over time mutual funds with liquid plans gave better tax-adjusted returns than bank deposits shifting the preference for savers. In contrast, in the global market, fixed income dominates the investment portfolio and the much talked about 60:40 (Stock: Fixed Income) portfolio is a reflection of it. Grante...