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MF portfolio doctor: Regular savings will help Pandey retire early


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.

Hemant Pandey is 49 and wants to retire in five years. Here’s what the doctor has advised him:

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PORTFOLIO CHECK-UP

  • Started investing in equity funds to save tax 7-8 years ago.
  • Holds too many funds, with many overlaps. Must reduce number.
  • Most are flexicap schemes but also some sector and thematic funds.
  • Retirement goal can be met easily. Just keep investing regularly.
  • Start shifting from equity to debt in 2-3 years as retirement approaches.
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Note from the doctor

  • Early retirement means must build bigger corpus to last 25-30 years.
  • Opt for balanced allocation in NPS funds.
  • Review investments and rebalance at least once in a year.
  • Reduce risk when goal is near so that you don’t miss the target.

Sanjeev Gogna is saving for his child’s goals and his retirement. Here’s what the doctor advised:

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PORTFOLIO CHECK-UP

  • Investing in equity funds for past 2-3 years.
  • Portfolio is a mix of small-, mid- and largecap funds.
  • Goals are very ambitious and require increase in monthly investments.
  • SIPs will also have to be increased by 10% every year.
  • Review investments and rebalance at least once in a year.
  • 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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