Park emergency fund

POSTED BY Raghav ON January 3, 2011 1:30 pm ONE COMMENT

Please suggest me a good scheme to park my emergency funds. I may not need them for atleast 6 months and should be able to withdraw in case of any emergenct needs.

 

Thanks.

One reply on this article “Park emergency fund”

  1. bharat shah says:
    January 3, 2011 at 1:41 pm

    i think liquid fund from any reputed amc would be good. your redemtion money would be available next day in your bank account.some a/m you can keep in sweep-in fd connected to your bank account for same day encashment.

    Reply

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