New Delhi, April 27 -- Saurabh Mukherjea, founder and chief investment officer of Marcellus Investment Managers, said his portfolio's weight to global equities is at its highest.

His allocation to global equities has doubled over the last five years-to 40% from 20%, Mukherjea shared in an interaction with Mint for the Guru Portfolio series. He also explained why he fears that, without careful financial planning, Indian middle-class households may get caught up in a debt trap. In this series, leaders in the financial services industry share how they manage their money.

Mukherjea has always been an equity-heavy investor, with 90% of his portfolio in equities and 10% in bank fixed deposits for contingencies. "Bank fixed deposits (FDs) acco...