MF portfolio doctor: Awasthi should hike mutual fund SIP investments annually to reach goals
Many investors do not know whether they have invested in the right fund or not and if their fund portfolio is on track. Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability: aim and, if necessary, recommends corrective measures.
The advice given is based on the performance of the fund, risk profile of the investor as well as his financial goals.
I. Ranjit Awasthi is saving for his daughter’s goals and retirement. Here’s what the doctor advised:
In NPS choose the maximum investment option in equity funds.
Review investments and rebalances at least once a year.
Minimize the risk when you are near the target so that you do not miss the target.
Second. Starting early can help reach ambitious goals Sujit Sinha is saving for the marriage and retirement of his daughters. Here’s what the doctor advised her: aim
Investing in equity funds and stocks for the last 3-4 years.
The goals are ambitious and require a large increase in monthly investments.
Retirement requires only supplementation of total income.
Review investments and rebalances at least once a year.
Minimize the risk when you are near the target so that you do not miss the target.
If you would like your portfolio to be examined, write to etwealth@timesgroup.com with the subject “Portfolio Doctor”. Mention the following information:
