A valuable guideline advised by financial experts is to maintain an emergency fund – a fund that consists of a sufficient sum of money saved to sustain living expenses for a period of three to six months. An emergency fund serves as a financial buffer specifically designated for unforeseen circumstances like medical emergencies, household repairs, … Read more
In the past, I made it a point to allocate funds equivalent to at least 6-12 months of my expenses as an emergency fund. However, over the last 4 years, there were instances where I only managed to save up to 3-4 months’ worth in a liquid fund or Fixed Deposit. Unfortunately, unforeseen expenses arose, … Read more
By DK Aggarwal With the advancement of technology, automation is taking over the world, and money management may be no exception. Many believe unbiased stock picking by machines is the future of investment. Few fund houses have experimented with quant funds, where algorithms pick the stocks. Or we can say, a quant fund is one … Read more