Started investing late? Cover your risks first
Portfolio Doctor PORTFOLIO CHECK-UP Ashish Mishra started investing in equity funds via SIPs and lump sum in 2024, when he was 43. Late start means
Portfolio Doctor PORTFOLIO CHECK-UP Ashish Mishra started investing in equity funds via SIPs and lump sum in 2024, when he was 43. Late start means he has missed the previous bull runs and is now being mauled in the bear phase. Funds have generally performed well, but the portfolio has some laggards. He should close some funds to streamline portfolio and make it easy to monitor. He has also invested in stocks, sovereign gold bonds, Post Office schemes and bank deposits. He also contributes to the EPF, PPF and NPS.
In NPS, Mishra should take a balanced exposure to equity and debt funds. Note from the doctor Goals can be reached, but risks (poor health, low corpus) should be covered due to short investing horizon. If health permits, he should work till 55. He should consider a Rs.10 lakh emergency fund to take care of contingencies. Life insurance of Rs.80 lakh is not enough, but given his health condition he may not be able to buy more. Health cover for self and family should be continued till the employer allows it.
WRITE TO US FOR HELP 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 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.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.If you want your portfolio examined, write to etwealth@timesofindia.com with ‘Portfolio Doctor’ as the subject. Mention the following information
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