emergency fund

Everything you need to know about Liquid Funds

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What is the meaning of liquid funds? A Liquid Mutual Fund is a debt fund which predominantly invests in liquid money market and debt securities which are of shorter duration maturity of upto 91 days. Asset allocation in Liquid fund consists of: Treasury Bills (T-bills), Government Securities (G-secs), Commercial Paper (CP), Certificates of Deposit (CD) Collateralized Lending … Read more

What is an emergency fund and why do I need one?

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This financial emergency could be in the form of Medical expenses A job loss Repair work to your home or car Unexpected travel expenses or any other tough time. 2020 taught us the importance of saving for uncertainties, when unemployment rose and people started redeeming from their investments and increasing their debts. Having an emergency … Read more