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Important debt fund jargon

Most investors get intimidated by debt funds because they think it's much more complicated than equity. The end result is that they end up building imbalanced portfolios. Debt is a very simple asset class, it's pretty much basic math—all you need to understand is a couple of fundamental concepts. In this video, Karthik explains what Macaulay duration and modified duration are. These two concepts are important to understand when picking debt funds, analyzing their performance, and thinking about your asset allocation. Check out this chapter to learn more about these concepts and debt funds: https://zerodha.com/varsity/chapter/t...

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