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  • News From Press Have an emergency fund before investing in MFs

    Have an emergency fund before investing in MFs

    Source: Mint Nov 2, 2018

    I am 27 years old and earn up to ₹8 lakh a year. How much should I start investing in mutual funds if I am able to save more than 50% of my salary? Could you please suggest some low-risk funds?

    —Pragna Gupta

    The general thumb rule for how much a salaried person should invest regularly is that they should invest about a fourth to a third (25-35%) of their income. If you can save and invest more than that, that’s great. However, you should do two things in this regard.

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