Emergency Fund Allocation
How do you guys invest in your emergency fund? Looking to park some money in most liquid funds while trying to beat inflation (if possible)
Fixed deposits are probably the easiest, you'll just about beat inflation.
Try auto sweep account facility in Bank. It's an FD but you can always withdraw anytime
Liquid funds - more liquid than FD
Keeping 2 months salary in au bank account, rest everything in stocks/smallcases. Had also tried some debt mutual fund but ca advised against it.
FD or liquid funds
FD
My immediate attention would be to stack 3-4 months of Paycheck worth in an emergency fund in a bank account that I don’t have much access to. No debit cards. Just upi, if necessary.
Step 2: stocks. Buy and hold the ones I’m interested in, and keep buying more of the same every month like clock work.
Earlier it was in the bank account & FD. Now, I am maintaining it in my Home Loan a/c (Money Saver)
Bank acc + Liquid fund
