MF Portfolio Doctor: Why Bhatias need to focus on saving for critical money goals
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.
Case I: Prateek Bhatia and his wife save for travel and retirement. Here’s what the doctor has advised them.
Goals
Investor’s existing portfolio
Portfolio check-up
Note from the doctor
Don’t buy too many funds. Just 6-7 funds from 2-3 categories are enough.
Review investments and rebalance at least once in a year.
Reduce risk when goal is near so that you don’t miss the target.
Case II: Vaibhavi Pawar is investing for her son’s goals and retirement. Here’s what the doctor has advised.
Goals
Investor’s existing portfolio
Portfolio check-up
Assumptions used in the calculations Inflation
Education expenses: 10%
For all other goals: 7%
Returns
Equity funds: 12%
Debt options: 8%
Portfolios 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:
