The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, recommends corrective measures. The advice given is based on the performance of the funds, the ri...
By ET CONTRIBUTORS |
Not many investors know whether they have invested in the right funds and if their fund portfolio is on track. The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, recommends corrective measures. The advice given is based on the performance of the funds, the risk profile of the investor as well as his financial goals.
Hardik Singhvi is investing for multiple goals. Here’s what the doctor has advised him: PORTFOLIO CHECK-UP
Except for one, all funds doing well and should be continued.
Goals are ambitious but can be reached by disciplined investing.
Education goal too low at Rs.15 lakh. Consider hiking this.
Retirement goal too low at Rs.36,000. Hiked to Rs.72,000 a month.
Note from the doctor
Too much money idling in bank account.
Park it in debt fund. Portfolio has mid and small cap bias. Rejig required.
Review investments and rebalance at least once in a year.
Downsize goals to fit investment plan Ashish Bharne is saving for his child’s education and retirement. Here’s what the doctor advised:
PORTFOLIO CHECK-UP
Investing in equity funds for past 3-4 years.
Goals are too ambitious and need to be pruned.
Take loan of Rs.40 lakh for child’s higher education.
Retirement goal cut from Rs.1 lakh to Rs.60,000 per month.
Review investments and rebalance at least once in a year.
Reduce risk when goal is near so that you don’t miss the target.
Portfolio analysed by RAJ KHOSLA, Managing Director and Founder, MyMoneyMantra WRITE TO US FOR HELP If you want your portfolio examined, write to etwealth@timesgroup.com with “Portfolio Doctor” as the subject. Mention the following information:
Names of the funds you hold.
Current value of the investment.
If you have SIPs running in any of them.
The financial goals for which you invested.
How much you need for each financial goal.
How far away is each goal
(Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of www.economictimes.com.)
