Here's how Mr. Gupta can reach his goals easily by hiking SIPs by 5% every year

PORTFOLIO DOCTOR
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.

Amit Gupta and his wife invest for their kids’ goals and retirement. Here’s what the doctor advised.

PORTFOLIO CHECK-UP

• Has been investing in equity funds, ulips and fixed income for 12 years.
• Regular investing and aggressive allocation have helped build a sizeable corpus.
• Also has Rs.10 lakh in fixed deposits as contingency fund.
• Portfolio strikes good balance between debt, equity and gold.
• Goals are ambitious, but early start has brought them within reach.
• Some SIPs will have to be increased by 5% every year.
• Skew towards small- and mid-cap funds. Be ready for volatility.
• Holding too many funds, which makes portfolio unwieldy.
• Dump laggard funds to streamline portfolio and make it easy to monitor.

Note from the doctor

• In NPS, opt for auto choice to reduce the equity exposure with age.
• Buy life insurance cover of Rs.2 crore to safeguard goals.
• Review investments and rebalance at least once in a year.
• Reduce risk when goal is near so you don’t miss target.

WRITE TO US FOR HELP
If you want your portfolio examined, write to etwealth@timesofindia.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.