Increase SIPs to Rs 10,000/month in Parag Parikh Flexi Cap fund, hike it by 10% every year to meet financial goals

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.

Sanjeev Batra is saving for his child’s goals and retirement. Here’s what the doctor has advised him:

PORTFOLIO CHECK-UP

• Has been investing in equity funds for the past 5-6 years. Holds good mix of funds.
• Early start has helped build large corpus.
• Education goal can be reached with 10% hike in SIPs.
• Portfolio is equity heavy. Add fixed income investments to portfolio.
• Retirement goal is quite low. Revised to Rs 60,000 per month.

Note from the doctor

• Portfolio has small-and mid-cap skew. Be ready for volatility.
• Opt for 100% allocation to debt in NPS.
• Review investments and rebalance at least once a year.
• Reduce risk when goal is near so that you don’t miss the target.

Ambitious targets need hike in SIPs
Sushant Parikh is saving to buy a car and for retirement. Here’s what the doctor has advised:

PORTFOLIO CHECK-UP

• Has been investing in equity funds for the past 4-5 years.
• Early retirement means bigger corpus to sustain 35-40 years.
• Need to invest more and increase annually to reach goals.
• Portfolio has mid- and small-cap bias. Be ready for volatility.
• In NPS, opt for maximum exposure to equity funds.
• Review investments and rebalance at least once a year.
• Reduce risk when goal is near so that you don’t miss the target.

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.