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Looking to create an emergency fund? Here are your options

Updated : July 21, 2020 01:46 PM IST

An emergency fund or contingency fund is a specified amount set aside for emergencies that arise unexpected.
The first step while setting an emergency fund is estimating how much money is required.
Emergency funds must be readily accessible; therefore investors should necessarily invest in liquid instruments.
Looking to create an emergency fund? Here are your options

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