Emergency Fund Calculator
How much should you keep liquid for unplanned events? Standard rule: 3-6 months of essential expenses.
Your emergency fund target
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Where you stand
Where to park an emergency fund
- Liquid mutual fund 6-7% p.a., T+1 redemption, low risk. Best place for the bulk (50-60%).
- Sweep-in FD 7-7.5% p.a., bank-linked, instant access. Use for the next 30-day's-expense slice.
- Savings account 3-4% p.a., instant. Keep ~1 month here for immediate access. No more than that — opportunity cost is high.
- Recurring deposit 6.5-7.5% p.a. — only if you're STILL building the fund. Once built, move to the above three.
Rule-based estimate. "Essential" excludes lifestyle / discretionary spend — count only rent/EMI + utilities + food + transport + insurance premium + healthcare buffer. Reassess annually.