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.

I. Vijaya and Deepak Tyagi are saving for their kids’ goals and retirement. Here’s the doctor’s advice:

Goals

Portfolio check-up

Investing in mutual funds for the past 7-8 years.
Hold too many funds. Need to streamline portfolio.
Goals are ambitious. Must increase monthly investment by Rs 24,000.
All SIPs will also have to be hiked by 10% every year to reach goals.
Some goals can be downsized if not possible to increase SIPs.

Note from the doctor

Assumptions used in the calculations
Inflation
Education expenses: 10%
For all other goals: 7%

Returns
Equity funds: 12%
Debt options: 8%

(Portfolio analysed by Raj Khosla, Managing Director and Founder, MyMoneyMantra)

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.

MF portfolio doctor: Why the Tyagis must not dip into retirement savings for kids’ education