News From Press Use low-risk debt mutual funds for emergency corpus

Use low-risk debt mutual funds for emergency corpus

Source: Livemint Sep 20, 2018

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?

—Ramdas Patil

Building a good emergency corpus fund is a pre-requisite that should come before investing for the long term.

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