Building an emergency corpus is the first crucial step towards financial security. In this episode of MC Explains, brought to you by Moneycontrol and Invesco Mutual Fund, learn how to use liquid and ultra-short-term mutual funds to create a stable, low-risk fund that can cover 6-12 months of your essential expenses. Discover the benefits of these mutual fund options — from low risk and high liquidity to reasonable returns — and how they help you stay prepared for unforeseen financial emergencies without compromising your long-term investments. Whether you’re a salaried employee, freelancer, or business owner, this guide will help you estimate your emergency corpus, choose the right funds, and start investing wisely. Don’t forget to subscribe for more content on Mutual Funds and investments.
Going forward, global and domestic inflation, slowing global growth, geopolitical tensions and political uncertainty till election results can keep markets volatile. Sudden market falls can be unsettling but investors must not get scared and stay focused.
Low risk short term debt fund categories that can help your emergency corpus to grow and generate return over and above the banks’ savings and fixed deposits
Job losses are tough to deal with as your regular income stops. But some smart moves can help you sail through. Whatever you do, do not stop your EMIs. And don’t touch your EPF and PPF.
The nationwide survey of nearly 5,000 respondents threw up surprises on number of respondents opted for loan moratorium, planning to take personal loan, struggling to continue with investments and more.