Emergency Fund Calculator
The one goal that has to be funded before any other goal can safely call itself "on track." Work out your target, and see the gap against what you've already set aside.
Calculate your target
You need ₹1,50,000 more, kept liquid.
Why 3–6 months, and where it should sit
An emergency fund isn't an investment — it's insurance you self-underwrite. The standard range in Indian financial planning is 3–6 months of essential expenses for a salaried individual with stable income, and 9–12 months for freelancers, business owners, or single-income households, where income itself is less predictable.
It belongs in a liquid mutual fund, a sweep-in fixed deposit, or a high-interest savings account — instruments you can access within a day or two, without an exit load or a market-timing decision. It does not belong in equity mutual funds, however good the expected return looks on a calculator: the entire point of this money is that it's there on the one day the rest of your portfolio might be down.
This is also the check most goal trackers skip. A retirement goal can show "82% funded" and look healthy, while the same investor has zero liquid reserve — meaning the first real emergency gets funded by breaking a long-term goal instead.
Questions worth answering.
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See if your emergency fund is really separate from your other goals.
Earmark's Portfolio Health check flags goals that look funded while your liquid reserve is actually missing.
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