Why Emergency Funds Need Liquid Fund

Liquid mutual funds or liquid funds invest the money of investors in short-term debt and money market investments. This helps mutual funds to ensure that your money is easily accessible. This also makes them great candidates to help you during emergencies and be part of your family’s emergency...

What Is The Ideal Size of Emergency Funds?

Typically, 3-6 months of family expenses in liquid investments like savings account and liquid mutual funds, should suffice. Have more if the need be if there are specific requirements like a family member with a chronic medical condition....

Why Hoarding Cash For Emergencies Is A Bad Idea

If there is one thing that the recent government’s recent demonetization initiative has done is to show to all of us the perils of keeping too much cash at home. The traditional wisdom has been to keep enough cash at hand so that one can have enough money during sudden emergencies and financia...