Financial Calculators
Emergency Fund Calculator
Six months of expenses, safe and reachable. The foundation every other investment stands on.
Your emergency fund target
₹3,00,000
6 months of expenses
- Saving per month
- ₹10,000
- Time to build it
- 30 months
Keep this reserve in a sweep-in deposit and a liquid fund, reachable within a day. Build it before aggressive investing; it is what keeps your SIPs running through a crisis.
The unglamorous asset that saves the rest
Before SIPs, before tax planning, before anything ambitious, comes a reserve of a few months' expenses kept safe and instantly reachable. It earns little and wins no bragging rights; it also ensures that a medical event or transition never forces you to break long-term investments at the worst moment.
This calculator sets the target, months of cover times monthly expenses, and shows how quickly your chosen monthly saving builds it. For serving personnel with stable income, six months is typical; with dependants or post-retirement, we often size larger.
How the calculation works
Target = monthly expenses x months of cover\nTime to build = target / monthly savingWorked example: monthly expenses of Rs 50,000 with 6 months of cover set a target of Rs 3,00,000; saving Rs 10,000 a month builds it in 30 months.
Frequently asked questions
Where should the emergency fund live?
Split between a sweep-in bank deposit for instant access and a liquid or overnight fund for slightly better returns with next-day availability. Never in equity.
Can I build it faster?
Yes: park windfalls like bonuses straight into it, and automate the monthly transfer like a SIP so it happens before spending can.
Should I pause SIPs to build this first?
If you have no reserve at all, prioritising a basic one to three months of cover before aggressive investing is usually right; then run both in parallel.
When do I use it, and what then?
Only for genuine emergencies, and the first job after any use is refilling it. It is a parachute, not a shopping account.
Foundations first. Always.
Reserve built, we turn on the growth engines with confidence.