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ETMarkets Smart Talk: Planning to invest in Rs 10 lakh? Invest 50-60% in equities; 15-20% in debt: Mayuresh Joshi
Mayuresh Joshi recommends allocating 50-60% in equities, 15-20% in debt instruments, and dividing the remaining equally between gold and cash, considering one's liquidity requirements. Joshi further says: "We might see increased allocation towards infrastructure which will have a multiplier effect on the economy. Railway and Defense sectors are expected to be under the limelight in the upcoming interim budget."