MF portfolio doctor: Kamat's ambitious financial goals are within reach because of early start to investments

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: Namit Kamat is saving for his daughter’s goals and retirement. Here’s what the doctor advised him:
Goals
Investor's existing portfolio

Portfolio check-up
Note from the doctor

• Avoid buying physical gold as investment. Gold ETFs are better.
• Portfolio has mid-cap bias. Be ready for high volatility.
• Don’t avoid NPS. Use the low-cost scheme to save for retirement and reduce tax.
• Review investments and rebalance at least once in a year.
• Reduce risk when goal is near so that you don’t miss the target.

II: Hike monthly SIPs by Rs 15K to reach goals
Dinesh Sarthak is saving for his son’s education and retirement. Here’s the doctor’s advice to him:
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:
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.