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Emergency fund calculator

How much to set aside before you invest a rupee — based on your real monthly commitments.

Rent, groceries, utilities, school fees, help, transport.
Savings account, sweep FDs, liquid funds.
Your emergency fund target—
Commitments to cover—
You are covered for—
Gap—
To close the gap, set aside—
Funded so far
—

Educational tool with simplified assumptions. Returns are not guaranteed; actual results will differ. This is not investment, tax or legal advice.

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How it works

The maths, in plain English.

The target. Essential expenses + EMIs + one-twelfth of yearly insurance premiums, multiplied by the number of months that suits how steady your income is.

Where to keep it. Somewhere boring and quick: a savings account or sweep-in FD for the first month or two, and the rest in a liquid or overnight fund. Not in equity; an emergency and a market fall often arrive together.

Build it first. The emergency fund comes before investing for long-term goals, alongside health and term insurance.

Questions

FAQ

How many months of expenses should an emergency fund cover?
Six months is a sound default for a salaried household. Use nine to twelve months if you are self-employed, a single earner, or work in a volatile industry; three may do for two stable incomes.
Should EMIs be included?
Yes. Lenders do not pause EMIs because you lost your job. Include every EMI and your insurance premiums.
Can I use a credit card as my emergency fund?
A credit card is a bridge for a few days, not a fund. At 36–42% annual interest, it turns an emergency into a debt problem.
Where should I keep my emergency fund in India?
Split it: one to two months in a savings account or sweep-in FD for instant access, the rest in a liquid or overnight mutual fund. Prioritise safety and access over returns.

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