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

  • Investing in equity funds for past 8-10 years.
  • Has not been very regular with SIPs so corpus is not large.
  • Goals are ambitious and current corpus cannot fulfill them.
  • Retirement goal needs to be pared from Rs.75,000 to Rs.40,000 per month.
  • Holiday goal will have to be curbed to ensure retrirement goal is on track .
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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:

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PORTFOLIO CHECK-UP

  • Started investing in equity mutual funds two years ago.
  • Both goals are long term so equity funds are best option.
  • Buy life insurance to safeguard the goals.
  • Review mutual fund portfolio at least once a year. Change if any fund’s performance slips.
  • Reduce risk when goal is near so that you don’t miss the target.

Portfolios analysed by: Raj Khosla, Managing Director and Founder, MyMoneyMantra

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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.



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