Financial Emergency

Medical Emergency

You are current age

Your average monthly expense

Inflation Rate

Name of the goal

Select Risk Profile

Goal Summary

Your Targeted Emergency Fund
(in today's value)

Your Targeted Emergency Fund
(adjusting for % inflation)

Number of Years
You Need To Save

Monthly SIP Investment
Required

Your Targeted Emergency Fund
(adjusting for % inflation)

0

Total Future Value
(Scheme Selected Value)

Existing Portfolio

If you wish to link any of the above schemes with this goal, then please check the relevant box/es as given alongside the scheme name.


Goal Summary

Your targeted Amount (Inflation adjusted 5% per annum)
Number of years you need to save
Monthly SIP investment required
Emergency Fund
SIP Amount
Total Months
Total Investment
Total Growth
Future Worth

Frequently Asked Questions

A financial contingency plan is a proactive strategy to secure funds for unplanned expenses, ensuring you have enough liquid savings to cover emergencies like job loss or medical bills.

An emergency fund is a reserved cash buffer worth 3-6 months of expenses that protects your finances during sudden crises and prevents debt accumulation.

The best options balance safety, liquidity, and returns high-interest savings accounts, liquid mutual funds, sweep-in FDs, and short-term debt funds.

The best place to invest in an emergency fund is in liquid or low-risk instruments that let you access money quickly without principal loss, like savings accounts with auto-sweep and liquid mutual funds.

Aim for a financial emergency fund covering at least 3-6 months of essential expenses, or more if your income is variable or responsibilities are higher.

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