MF portfolio doctor: Sethi needs to increase mutual fund SIPs to Rs 80\,000 to reach 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: Gireesh Sethi is saving for his son’s goals and his retirement. Here’s what the doctor advised him:
Goals
Investor's portfolio
Portfolio check-up
Note from the doctor
- Too many funds already in portfolio. Don’t buy any more.
- Don’t invest too much in small savings. Returns are too low.
- 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: Ashutosh Das saves for his son’s studies and retirement. Here’s the doctor’s advice:
Goals
Investor's 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:
- 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.