New Delhi, May 20 -- Ashish Shanker, managing director and CEO of Motilal Oswal Private Wealth, has followed a simple asset allocation strategy for 25 years. He swears by equities and has no fixed-income investments.

The CEO, who oversees Rs.1.3 trillion in advisory assets, also said he has never done an SIP in his life. He simply maintains 6-8 months of household expenses in his savings account and puts everything beyond that into equities through lump sum investments.

Shanker spoke to Mint as part of Guru Portfolio, a series in which leaders in the financial services industry share how they manage their money.

Here are some edited excerpts from the interview.

Nothing much has changed. I have 100% of my portfolio in equities, and it'...