MF portfolio doctor: Late start, small corpus will pare Bhowmik's retirement goal by half

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.

Tuhin Bhowmik is investing for his son’s education and retirement. Here’s what the doctor advises:

PORTFOLIO CHECK-UP


Note from the doctor

• Invest with a plan instead of random investments.
• Don’t invest in too many schemes. Just 6-7 funds are more than 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.

Regular SIPs can achieve ambitious goals
Deepak Kumar is saving for his daughter’s education and marriage. Here’s what the doctor has advised:


PORTFOLIO CHECK-UP
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.