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.
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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.
Seena Menon is saving for three short-term goals. Here’s what the doctor has advised her:
PORTFOLIO CHECK-UP
Has been investing in equity, hybrid funds for past three years.
Aggressive investing has helped build a sizeable corpus.
Funds are good, but has invested in too many schemes.
All are short-term goals and can be reached comfortably.
To preserve capital, start moving from equity funds to debt schemes.
House down payment goal hiked from Rs.10 lakh to Rs.18 lakh to keep the loan amount low.
Note from the doctor
Has mentioned only short-term goals.
Key goals like retirement, children’s education not included.
Review investments and rebalance at least once a year.
Reduce risk when goal is near so that you don’t miss the target.
Goal is too close and ambitious Reeka Grover wants to save Rs.15 lakh for down payment of a house in three years. Here’s what the doctor has advised:
PORTFOLIO CHECK-UP
Started investing in equity funds last month.
Funds are good and appropriately positioned.
Target of Rs.15 lakh in 3 years is too ambitious. Consider downsizing or deferment.
SIPs need to be raised and hiked every year.
Keep close watch on fund performance.
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.
(Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of www.economictimes.com.)
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