Blocked 6 months of expenses in FD. As FD renews, putting the interest earned also in the FD to create larger emergency corpus, although bit by bit 😂.

This is what iam looking for.. Thank you zerodha, thank you karthik rangappa sir

Insightful video on EF. Preferred options are: 1. Savings Account 2. FD 3. Liquid Fund All of them in various different proportions.

@lakshmitejas1685

4 ай бұрын

Arbitrage fund?

A gentle reminder to the video editor or the motion designer. You forgot to turn on Continuously Rasterize at 2:33 the footage looks blurry. Great visuals

Good initiative Karthik Rangappa! Just like the modules of Varsity. Big fan 🙌😊

Just made my 3.5L emergency fund 😃

@sathvik3441

Ай бұрын

Congratulations 🎉

@ArunKumarMurali

Ай бұрын

Good for you brother.. congrats🎉

Thank you sir for preserving our future by providing financial knowledge

FD will be the best instrument to park our Emergency funds, and 12 Months of Expenses is ideal number, I made my Emergency corpus last month. Thanks to Zerodha for this beautiful series of personal finance.

Thank you, I don’t have any emergency funds yet but I have decided to build it for at lest 6 month of expenses. Later I will make it 9 months

Keep doing ! Great work ! ❤️

Thanks Guru :) waiting for more in this series

Just started to learn...Will build such which is more than sufficient for all family members as per furthur lifestyle.

the credit card tip is great. I'd like to add - there are liquid funds which credit a certain amount (usually up to 50k) within 30 minutes

straight forward. Will definitely share with loved ones

Zerodha is on a mission...!! Kudos!👍👍

A very insightful video on financial security

Money market funds, liquid funds, savings bank accounts, credit cards.

Good and knowledgeable video sir, thanks a lot and want more videos like this

Liquid fund has instant withdrawal facility while arbitrage fund doesn't have

@dsivapradeep

5 ай бұрын

That’s where credit card comes in…

@ayushbajaj1965

5 ай бұрын

Liquid fund takes T+1 days for withdrawal. Can you tell which liquid fund gives instant redemption

@lakshmitejas1685

4 ай бұрын

​@@ayushbajaj1965icici, axis and many. They give in 30min upto 50k or 80% of the fund. Which ever is lower.

@rnhotta18129

4 ай бұрын

PPFAS LIQUID FUND ​@@ayushbajaj1965

@HY4mShubham

4 ай бұрын

@@ayushbajaj1965nippon india liquid fund

For emergency fund liquid fund is my preferred choice it gives me pice of mind.🎉 Credit card combination is good (T+1)😮😊

Thank you sir ❤

it's nice information for me Thank you sir🎉

thanks for this really important tip

good information

Great Content

short and to the point...

Best advice

6 months' living expenses in cash in bank split between 2 accounts + 4 FDs of 1 lakh each

Please make a complete video on ROCE (return on capital employed)

In process of converting a FD ladder emergency fund to liquid fund. Last year had an emergency and were force to premature FD withdrawl resulting in fine. BTW, we do keep some amount in savings just to get going while in process of liquidating FD/liquid MF.

@codedusting

3 ай бұрын

There are FD where no fine is there in interest accumulated or principle amount. IndMoney has Federal Bank FD.

Can you make a guide on how to calculate upside potential of a stock with all time high price

Good one... Please make video on liquid funds for emergency funds

❤

Concept is very good to understand but action and voice some what not matching and it is unable to attract or pay attentions to watchers, camera view of recording would be improved Simple feedback to attract more users Thanks

Karthik Sir, you are looking like my favourite Hollywood hero "Will Smith" in this thumbnail.

I use Provident fund as a emergency fund , please answer that it will be a correct option or not?

Please educate us more

Sir please do a video about SGB, i have a query since SGB is tax free after selling 8 years, and i can see in kite it just trading like stocks, so i can buy and sell this so what is the use of 8 years lock in

Money market fund + credit card is my choice

Very good initiative 👏

Credit Card + Arbitrage ❤

Is it good to keep them as active money of kotak. ?

I am having it as a gold bars

Incase of medical treatment won't we use our health insurance instead of EF?

How about NPS Tier 2 account as a preferred option?

Although I will say, better to put your money in a FD. In a scenario where you may need to send emergency money to someone on immediate basis FD will be an easier option than liquid fund.

@dsivapradeep

5 ай бұрын

Problem with FD is preclosure penalty which bank charges on your interest and taxed at our income slab.

@immoski

5 ай бұрын

MOD @@dsivapradeep

High interest yielding savings account

First and foremost, we need to understand what is emergency funds constitutes - what all expenses should include in that corpus, define it with one example would have made this effort worth, most don’t understand the concept.

@PranavYadav-cv7bv

3 ай бұрын

If you know, Plz explain us in Comment Section by giving an example, that will be much more beneficial for everyone.

MOD/Sweepin FD > FD

hi why not physical gold is our destination to park our half of our emergency fund.

I’m parking my emergency funds in FD, Paytm FD gives 7%-7.5% and instant withdrawal without any charge

@TheLearner048

5 ай бұрын

Then why it's called FD? Probably it's a saving account with high interest rate and high risk or maybe sweep facility, if it's sweep then read T&C very wisely.

@saitejparuchuru

5 ай бұрын

@@TheLearner048 It was fd only, paytm partnered with other banks to provide that service

@arunkumarkgr

5 ай бұрын

please be safe with paytm bank fd , now rbi has restrictions on paytm service from march'24

Icici corporate bond fund is the best place to park emergency fund. Approx 8% return p.a.

@Unapologeticmyrmidon

5 ай бұрын

How can I achieve that.

@simplytrading9986

5 ай бұрын

@@Unapologeticmyrmidon mutual fund name

I have accumulated in Debt Funds

I have built my emergency corpus and all is in FD

@Arunkumar-mh1vp

4 ай бұрын

Sir, but as i know FD has 5 years lock in period right? Then how it works to withdraw during emergency?

I parked my emergency fund in fixed deposits

If we select the FD to park the emergency fund, there will be fine/penalty if we break the FD right sir.?

@chiragreddy5871

5 ай бұрын

yes

@Iamreal11xingping

5 ай бұрын

Sweep in out/ Fd Linked to saving .

@Sayan_Biswas.

5 ай бұрын

1 % penalty in interest rates. Do auto sweep feature in your savings account, you will get same returns as fd and you can also withdraw money anything just remember to keep the minimum balance acc. to your bank.

@uttiosaha4692

5 ай бұрын

If you take the interest monthly, then they take a penalty from the main amount in case of premature withdrawal. Otherwise, they deduct it from the interest amount it self. Sweep is a good option. Just take a note of QAB of minimum balance. This is different for various bank for sweep account Eg- PNB has a minimum QAB of 25000. SBI 10000 Many bank managers do not tell this to you.

Is fixed return product by P2P lending platform is good option for investment as emergency fund?

@manikantamagaji

5 ай бұрын

P2P lending is generally riskier than FDs. Although it's tempting, I wouldn't recommend putting emergency fund into P2P lending as the chances of defaulting is high and also it'll take 2-3 days for withdrawing the fund. Whereas you can withdraw your FD on the same day.

@YourFinSor

5 ай бұрын

@@manikantamagaji Many P2P platforms had a good diversified loan book and yes it takes 2 days for withdrawal but we have credit card for those 2 days as in video also mentioned.

@rinkalrana9901

5 ай бұрын

No, first of all its an emergency fund plus a fixed deposit in scheduled commercial banks are insured by DICGC. Corporate FD are riskier and it's not insured

Linked FD.

Old School FD

Can you please dub this in Hindi

why not just keep them in savings account.

@lucfer2002

5 ай бұрын

You get higher Interest rate in an FD as against a savings account

@vinaykumark

5 ай бұрын

​@@lucfer2002if we break the FD when the emergency situation, bank will fine us right? What would be solution for this

@RameshRam-pw8bx

5 ай бұрын

because you will spend it easily

@rinkalrana9901

5 ай бұрын

Better to use sweep in facility in savings account

@pruthvibatta1181

2 ай бұрын

Use overnight funds or liquid funds

Personal finance emergency fund concept in tamil - kzread.info/dash/bejne/ZImb2pWEhpnLn7Q.htmlsi=DQ_f6nlCspdwzefT

Fixed deposit

First 😂

❤