Long-term passive debt investors who are undisturbed by near-term mark-to-market losses could invest in Nippon India Nivesh Lakshya Fund in a staggered manner. Financial planners point out that most retail investors predominantly have allocation to rotating maturity profile products like bank deposits and non-convertible debentures (NCDs) with maturity of one to five years, which leads to reinvestment risk. Over the last one year, fixed income