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.
Deepak Kumar is saving for multiple goals. Here’s what the doctor has advised him:
PORTFOLIO CHECK-UP
Note from the doctor
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:
(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)
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.
Deepak Kumar is saving for multiple goals. Here’s what the doctor has advised him:
PORTFOLIO CHECK-UP
- Investing in equity funds for past 7-8 years. Holds a good mix of small-, mid- and large-cap funds.
- Early start has helped build a sizeable corpus.
- Holds too many funds. Need to get rid of laggards and overlapping schemes.
- Education goal can be reached with 10% hike in SIPs.
- Portfolio is equity heavy. Add fixed income investments to give stability to portfolio.
- Retirement goal of Rs.40,000 was low. Hiked to Rs.60,000 per month.
- Retirement goal can be raised further to Rs.75,000 if SIPs are increased by 5% every year.
Note from the doctor
- Portfolio has small and midcap skew, be ready for volatility.
- Don’t buy too many funds. Just 6-7 funds are enough.
- Opt for 100% allocation to debt funds in the NPS.
- Take life insurance cover of at least Rs.2 crore to safeguard goals.
- Review investments and rebalance at least once in 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. Ć 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)
