Use low-risk debt mutual funds for emergency corpus1 min read 20 Sep 2018, 09:30 AM IST
Building a good emergency corpus fund is a pre-requisite that should come before investing for the long term
I want to create an emergency corpus and want to start an SIP of ₹ 10,000 per month. I invest ₹ 5,000 per month in Franklin India Low Duration - Direct Growth and Franklin India Ultra-Short bond fund - Super Institutional Plan - Direct Growth. Are these okay for one year or should I pick liquid funds?