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Time of India
3 hours ago
- Business
- Time of India
What Yoga can teach you about bond allocation and portfolio balance
Each year on June 21st, the world collectively turns its attention to the ancient discipline of yoga, a practice that goes beyond physical postures and reaches deep into the realms of balance, stillness, and self-awareness. As an investor and practitioner of financial discipline, I often find striking parallels between yoga and the art of asset allocation, particularly in the way bonds bring stability to a portfolio, just as yoga brings calm to the mind and body. In an investment landscape that is often dominated by noise, speed, and volatility, bonds are the equivalent of holding a firm vrikshasana (tree pose), a reminder that strength lies not only in movement but also in being grounded. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like War Thunder - Register now for free and play against over 75 Million real Players War Thunder Play Now Undo The Calm Within Market Chaos Yoga teaches us that balance is not static; it is a dynamic, living practice. The same applies to investment portfolios. Stock markets, like life, are inherently unpredictable. But volatility need not lead to panic. Investors who embrace fixed income instruments, especially bonds, often find themselves better equipped to stay the course. Bonds Corner Powered By What Yoga can teach you about bond allocation and portfolio balance Yoga and bond investing share a common thread—balance, discipline, and intentionality. Just as yoga builds inner calm, bonds bring portfolio stability, offering resilience in volatile markets and enabling mindful financial decisions aligned with personal goals. Mild recovery in India bonds; key debt auction to decide next direction Will eased KYC norms revive foreign investment in Indian sovereign bonds? India's Larsen & Toubro may explore another ESG bond issue after debut attracts premium, spokesperson says Indian bond yields marginally higher; focus on oil, debt supply Browse all Bonds News with Just as pranayama (controlled breathing) aligns the nervous system during external stress, bonds provide financial alignment by cushioning market swings and offering predictable income. Live Events This calming effect is not merely mechanical; it also plays a role in behavioral finance. When portfolios include stable, income-generating instruments, investors are less likely to act on impulse, less likely to sell in fear, chase momentum, or abandon long-term plans. That is inner balance reflected in financial behavior. Discipline: The Invisible Strength Ask any yoga practitioner what leads to progress, and the answer will invariably be discipline. Not just showing up on the mat, but holding each pose with intention, returning to practice every day, and resisting the temptation to overextend. Bond investing works on the same principle. It is not about timing the market or chasing quick wins. It's about aligning your financial posture with your goals, time horizon, and risk tolerance: Young investors may use bonds as a stabilizer in an equity-heavy portfolio, reducing drawdowns. Mid-career professionals may prefer a laddered bond portfolio that aligns with their life goals. Retirees often rely on bonds as a steady income stream, preserving capital while offering peace of mind. A disciplined allocation to bonds ensures that your portfolio, like a well-sequenced yoga flow, remains balanced through each life stage. Diversity Within Stability There's a tendency to assume that bonds are 'safe but dull.' This is a dated perception. Today's bond markets offer dynamic options, ranging from ultra-safe AAA-rated corporate bonds to higher-yielding instruments issued by credible mid-tier companies. Much like yoga offers modifications of each pose from beginner to advanced investors can choose from a spectrum of risk-reward profiles in fixed income: High-rated bonds offer capital safety and stable returns. High-yield bonds, with appropriate due diligence, can enhance portfolio returns, providing compensation for higher risk. Here's what makes high-yield bonds especially attractive in today's market: Short Tenures: Many of these bonds come with durations ranging from 3 months to 3 years, offering flexibility and liquidity. High Yields: Investors can earn returns of up to 14%, depending on the issuer and structure. Less Risk than Equity: While not without risk, these bonds generally exhibit lower volatility compared to equities. Secured Instruments: Many are backed by collateral, offering an additional layer of protection for investors. When combined, these create an internal balance within your debt portfolio one that caters to both security and performance. The Digital Shift: Bonds at Your Fingertips Much like how yoga reached homes across the world through digital platforms and apps, online bond platforms are now redefining access to fixed-income investing. Retail investors once struggled to enter the bond market due to a lack of access, awareness, or transparency. Today, online platforms allow investors to: Explore and compare bonds with clarity on ratings, yields, and maturities Invest in both primary issuances and secondary market bonds Tailor portfolios according to individual risk preferences and goals This democratization of fixed income is perhaps one of the most impactful shifts in Indian capital markets in recent years, bringing portfolio balance within reach of every investor. Investing with Purpose Yoga is not a competitive sport. It is a purpose-driven journey, rooted in personal growth. Investing, too, is not a race. It is about aligning your financial actions with your life's purpose—whether that's early retirement, wealth creation, or financial independence. Bonds support this purpose by offering visibility and control. When you know your returns, your risks, and your exit horizons, you are no longer at the mercy of the market's mood swings. In other words, bonds allow you to invest with intention, just like every mindful movement in yoga. In Closing: Align Your Portfolio Like You Align Your Breath The wisdom of yoga lies in its simplicity: stay grounded, be aware, and move with purpose. Bonds offer the same value in financial planning. They stabilize, center, and guide your portfolio through cycles of boom and bust. This International Yoga Day, as you stretch into your asanas and breathe into balance, take a moment to ask: Is my portfolio as aligned as my posture? Am I building not just wealth, but also resilience? If not, it may be time to recalibrate and let the quiet strength of bonds help you achieve lasting financial wellness. (The author of the article is Saurav Ghosh, Co-Founder- Jiraaf) ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
2 days ago
- Business
- Time of India
Larsen & Toubro raises Rs 500 cr via debentures
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel New Delhi, Infrastructure major Larsen & Toubro (L&T) on Thursday said it has raised Rs 500 crore through debentures."The company has today allotted 50,000 or 6.35 per cent listed, rated, unsecured, redeemable, non-convertible debentures of Rs 1 lakh each (the NCDs) aggregating to Rs 500 crore," L&T said in a filing to debentures are linked to the identified sustainability targets and are issued under the Framework for Environment, Social and Governance (ESG) Debt Securities (other than green debt securities) issued by Sebi, the company NCDs would mature on June 19, 2028, and the interest would be paid on an annual said debentures are proposed to be listed on the National Stock Exchange of India Limited (NSE).Larsen & Toubro has reported a 25 per cent increase in consolidated profit after tax (PAT) to Rs 5,497 crore for the quarter ended on March 31, 2025, supported by higher revenues and an exceptional company had posted a PAT of Rs 4,396 crore in the year-ago from operations rose to Rs 74,392.28 crore against Rs 67,078.68 crore a year ago.
Time of India
2 days ago
- Business
- Time of India
India's Larsen & Toubro may explore another ESG bond issue after debut attracts premium, spokesperson says
Indian infrastructure major Larsen & Toubro could raise funds through environmental, social and governance bonds again, after its first-ever issuance of the notes was sold at a premium, a company spokesperson said on Wednesday. In the debut bond sale under India's newly-introduced ESG debt securities framework, L&T on Wednesday raised 5 billion rupees ($58 million) through three-year notes at a coupon of 6.35%. This compares with 6.45%-6.50% secondary market yields on the company's near three-year bonds, according to merchant bankers. Bonds Corner Powered By India's Larsen & Toubro may explore another ESG bond issue after debut attracts premium, spokesperson says In the debut bond sale under India's newly-introduced ESG debt securities framework, L&T on Wednesday raised 5 billion rupees ($58 million) through three-year notes at a coupon of 6.35%. Indian bond yields marginally higher; focus on oil, debt supply Sebi eases norms for foreign investors who only buy government bonds Lending yields set to shrink in FY26 as banks play it safe Jiraaf launches India's first Bond Analyser to decode fixed-income investing Browse all Bonds News with "We remain open to raising more funds through ESG-linked issuances...," the spokesperson told Reuters. "Should the need arise, and if market conditions are conducive, we may consider the ESG debt market again." The notes, rated AAA by Crisil, saw banks and mutual funds as investors, the spokesperson said. Live Events SBI Mutual Fund was the anchor investor and bought at least 750 million rupees of the bonds, bankers said. The fund house did not reply to a Reuters email seeking comment. "We were able to achieve beneficial pricing on this ESG bond issuance compared to our plain vanilla bonds. The strong investor interest in credible ESG-labelled instruments helped us price the bond attractively," the L&T spokesperson said. The deal signals that credible ESG-labelled issuances can secure premium pricing purely on the strength of transparency and investor confidence, said Venkatakrishnan Srinivasan, founder and managing partner at debt advisory firm Rockfort Fincap. "Going ahead, this could open the gates for more corporates to access the ESG bond market, and issuers with strong sustainability credentials may benefit from favourable pricing." ETMarkets WhatsApp channel )
Economic Times
2 days ago
- Business
- Economic Times
India's Larsen & Toubro may explore another ESG bond issue after debut attracts premium, spokesperson says
Indian infrastructure major Larsen & Toubro could raise funds through environmental, social and governance bonds again, after its first-ever issuance of the notes was sold at a premium, a company spokesperson said on Wednesday. ADVERTISEMENT In the debut bond sale under India's newly-introduced ESG debt securities framework, L&T on Wednesday raised 5 billion rupees ($58 million) through three-year notes at a coupon of 6.35%. This compares with 6.45%-6.50% secondary market yields on the company's near three-year bonds, according to merchant bankers. "We remain open to raising more funds through ESG-linked issuances...," the spokesperson told Reuters. "Should the need arise, and if market conditions are conducive, we may consider the ESG debt market again." The notes, rated AAA by Crisil, saw banks and mutual funds as investors, the spokesperson said. SBI Mutual Fund was the anchor investor and bought at least 750 million rupees of the bonds, bankers said. The fund house did not reply to a Reuters email seeking comment. ADVERTISEMENT "We were able to achieve beneficial pricing on this ESG bond issuance compared to our plain vanilla bonds. The strong investor interest in credible ESG-labelled instruments helped us price the bond attractively," the L&T spokesperson said. The deal signals that credible ESG-labelled issuances can secure premium pricing purely on the strength of transparency and investor confidence, said Venkatakrishnan Srinivasan, founder and managing partner at debt advisory firm Rockfort Fincap. ADVERTISEMENT "Going ahead, this could open the gates for more corporates to access the ESG bond market, and issuers with strong sustainability credentials may benefit from favourable pricing." (You can now subscribe to our ETMarkets WhatsApp channel)
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Business Standard
4 days ago
- Business
- Business Standard
L&T secures land in Gujarat for green hydrogen, ammonia projects
Larsen & Toubro (L&T) on Tuesday said it has secured a land in Kandla, Gujarat for development of green hydrogen and green ammonia projects. The government is actively promoting green hydrogen as a clean energy source, with initiatives like National Green Hydrogen Mission and pilot projects focused on its use in transportation. Addressing the shareholders, company's Chairman & Managing Director S N Subrahmanyan said L&T has made significant advances in emerging clean energy segments, particularly green hydrogen and small modular reactors (SMRs). Electrolyser manufacturing is already in progress, giving the company a first-mover advantage in Green Hydrogen, he said. "A landmark development was the regulatory approval from US Department of Energy for the transfer of SMR technology to India. With L&T figuring among the only three eligible Indian companies for this, this signals the formal start of our SMR journey empowering us to lead the commercialisation of nuclear energy in the country. Although we set off with global partners for both green hydrogen and SMRs, our long-term goal is to develop proprietary technology, manufacture core equipment, and deliver cost-effective, innovative solutions tailored for emerging markets," he said. Land has been secured in Kandla, Gujarat, for manufacturing green hydrogen and green ammonia units, he said adding that L&T is also capable of executing EPC projects in green hydrogen, ammonia and methanol globally. Earlier, Larsen & Toubro had announced the incorporation of L&T Green Energy Kandla Pvt Ltd for the development of green hydrogen projects. Hydrogen produced through the electrolysis of water and powered by renewable energy, is known as green hydrogen. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
