The advice given is based on the performance of the fund, risk profile of the investor as well as his financial goals.
I: Rohan Kapoor is saving for his children’s goals and retirement. Here’s what the doctor advised her:
aim
portfolio
portfolio check-up
- Invests in a mix of small-cap, mid-cap and large-cap funds.
- The targets are ambitious but a 10% increase in SIP will help achieve them.
- Start SIP in Flexicap share Funds to save for retirement.
- Increase contribution to NPS to avail tax benefits.
note from doctor
- Take health and life insurance to cover any unforeseen events.
- Establish an emergency fund to deal with unexpected expenses.
- Review investments and rebalancing at least once a year.
- Minimize the risk when you are near the target so that you do not miss the target.
II: Yogesh Kirani is saving for several goals. Here’s what the doctor advised her:
aim
portfolio
portfolio check-up
- Investing in equity funds for the last 3-4 years.
- An early start and regular investments have helped, but the goals are too ambitious.
- sip Amount to be doubled to reach target
- Review the mutual fund portfolio at least once a year. Change if a fund’s performance drops.
- Minimize the risk when you are near the target so that you do not miss the target.
Assumptions Used in Calculations
inflation
Education expenses: 10%
For all other targets: 7%
Return
Equity Fund: 12%
Loan Option: 8%
MyMoneyMantra Managing Director and Founder Raj Khosla analyzes the portfolio
write us for help
If you would like your portfolio to be examined, write to etwealth@timesgroup.com with the subject “Portfolio Doctor”. Mention the following information:
Names of funds held by you.
Present value of investment.
If your SIP is running in any of these.
Financial goals for which you have invested.
How much do you need for each financial goal?
How far is each target?