Asset allocation explained: Why equities, debt and gold should all have a place in your portfolio? Expert explains

Asset allocation across equities, debt and gold helps balance growth, stability and risk, according to a Mint article.

Equities drive long-term wealth creation; debt provides liquidity and stability while gold hedges against inflation and geopolitical risks.

Diversification prevents over-reliance on a single asset class, protecting portfolios during market volatility and downturns.

Age-based investing and regular portfolio rebalancing can improve long-term returns and keep risk under control.

A diversified portfolio aims to beat inflation and provide peace of mind, even in severe economic recessions.