Early start, regular investing make all money goals easy to reach

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. Pravin Bhalerao is investing for multiple goals. Here’s what the doctor has advised him:PORTFOLIO CHECK-UP

Investing in equity funds for the past 12-13 years. Good choice of funds and regular SIPs have built sizeable corpus. Some funds need to be exited to make portfolio manageable. Stocks are risky. Consider moving to mutual funds. Too much in FDs. Liquidate and move to tax-free options.

Note from the doctor

Don’t invest in too many funds. Just 5-6 are enough. Buy life insurance of Rs.2 crore to safeguard these goals. Reduce risk when goal is near so that you don’t miss the target.

Ambitious goals need more investments Sharan Kumar is saving for several goals. Here’s what the doctor has advised this young investor:PORTFOLIO CHECK-UP

Started working recently, but keen to save aggressively. Goals are very ambitious and require big increase in monthly investments. SIPs will also have to be increased by 10% every year. Start SIPs in equity fund for retirement. Opt for maximum 75% exposure to equity funds in NPS. Review investments and rebalance at least once a year. Reduce risk when goal is near, so you don’t miss target.

WRITE TO US FOR HELPIf 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 Read more on economictimes.indiatimes.com