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.
Gaurav Mishra is saving for multiple goals. Here’s what the doctor has advised him. 
PORTFOLIO CHECK-UP
- Investing in a mix of stocks and funds for past 5-6 years.
- Early start has helped build sizeable portfolio. Can reach all goals comfortably.
- Stopped SIPs in active funds and started in index funds recently.
- Most funds in portfolio have done well and should be continued.
- Must take life insurance cover of at least Rs.2 crore to safeguard goals.
Note from the doctor
- Retirement goal of Rs.75,000 was low compared to current income.
- Hiked to Rs.1 lakh. Very low exposure to debt. Open PPF account to stabilise portfolio.
- Opt for balanced portfolio in NPS.
- Review investments and rebalance at least once in a year.
- Reduce risk when goal is near so that you don’t miss the target.
Rs.2 crore not enough to retire at 40
Anmol Sharma is 30 and wants to save Rs.2 crore for retirement in 10 years. Here’s what the doctor has advised:
PORTFOLIO CHECK-UP
- Started investing in equity funds recently.
- Target of Rs.2 crore in 10 years is too ambitious.
- Rs.2 crore will sustain withdrawals for 25 years only.
- Need to hike target to Rs.3 crore or defer retirment by 5-6 years.
- Keep close watch on fund performance.
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.)
