You have worked hard at building your investment portfolio. Now, all you want from your portfolio is to fetch you good returns. However, one should note that their work does not end at building their portfolio alone. They must constantly monitor and review their investments in order to benefit from them. For those investors who don’t know what is a portfolio, a portfolio is simply a collection of various investment options held by a financial institution, or an investment company, or a hedge fund, or an individual. This article will focus on how to review your mutual fund investment portfolio.

How to review your portfolio?

1. Reviewing and rebalancing is must
   When you decide to invest in mutual funds, you don’t just participate in reaping benefits that come from investing in mutual funds. You are in fact taking up the responsibility of adopting financial discipline, monitoring your different types of investment, and tweaking them based on your financial goals. Reviewing your portfolio becomes all the more important in the ever-volatile markets. After reviewing your investment portfolio, you might need to alter existing asset allocation in alignment with the revised one.
2. Switching among mutual fund schemes
   You, as an investor can make a switch request to transfer units from an existing scheme to another one, within the same mutual fund house. All you have to do is submit and sign a basic switch form containing the folio number, names of ‘from’ and ‘to’ schemes, amount or units to be switched.
3. Are you planning to redeem your mutual fund investments? How much?
   Do you plan to redeem in partial or full amount? You are required to submit the request to your fund house. Specify the amount you wish to redeem, if partial, in along with folio number. Ensure that your corresponding bank details are correctly updated. Else, you can also give an updated bank mandate along with a copy of cancelled bank cheque with the request.
   
   
4. Systematic Withdrawal Plan (SWP) – when should you consider it?
   If, after reviewing your portfolio, you believe regular withdrawals are needed from the investment portfolio, go for an SWP with the fund house. An SWP plan permits you to make regular rather than lumpsum withdrawals from the scheme. It’s functions somewhat opposite to that of an SIP. It’s a good tool to generate monthly cash flows.
5. Using the Systematic Transfer Plan (STP)
   Under STP plan, a fixed or variable amount is periodically transferred to a desired mutual fund scheme. It is simply an automated way of transferring money from one mutual fund scheme to another. It can aid you to avoid market-timing risk. If you wish to opt for this plan, submit an STP form to indicate the ‘from’ and ‘to’ schemes along with the STP tenure and frequency.

Remember to invest in mutual funds online after carefully assessing your financial goals. With different types of mutual funds available to an investor, choose the best that aligns with your investment portfolio. Lastly, don’t forget to review your portfolio regularly. Happy investing!