SIP | MF: Varshney’s high targets require SIPs to be hiked by 10% every year
Very few investors know whether they have invested in the right fund and whether their fund portfolio is on track. The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with respect to the goals and, if necessary, recommends corrective measures. The advice given is based on the performance of the fund, which is the risk profile investor As well as his financial goals.
high aiming required sip 10% increase every year: Abhishek Varshney is saving for multiple goals. Here’s what the doctor advised her:
Cut down on the number of funds to make the portfolio manageable.
Goals are ambitious but small increases in SIP can help achieve them
Portfolio is small and mid Cap Be prepared for skew volatility.
Direct stock investing can be very volatile. Consider shifting to equity funds.
note from doctor
Reduce contribution to PF, increase Sukanya for tax efficiency
Choose an aggressive allocation for NPS.
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.
Do not ignore inflation in retirement: Kalyan Kumar wants to invest his father’s retirement benefits which will give him a monthly income of Rs.20,000.
If you would like your portfolio to be examined, write to etwealth@timesgroup.com with the subject “Portfolio Doctor”. Mention the following information:
