As retirement gets closer, people need to balance many financial needs together — keeping money safe for family goals, growing savings to beat inflation, earning regular income, and avoiding too many unnecessary investments. Investors with large amounts in FDs, PF, and multiple mutual funds should regularly review their portfolios to make sure their investments match their future goals and changing market conditions.
A 55-year-old individual investor reached out to ETMutualFunds and sought advice on restructuring a portfolio worth nearly Rs 2.75 crore spread across mutual funds, provident fund (PF), fixed deposits (FDs) and direct equities. The investor also highlighted near-term goals such as daughter’s marriage within two years and son’s marriage over the next eight years.
