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Where can I park my emergency fund?

Dhirendra Kumar suggests a few short-duration funds for emergency requirements

Where can I park my emergency fund?

I parked my emergency fund in Franklin India Ultra Short Bond Fund. Now, they have extinguished all units in the segregated portfolio. Hopefully, the money will keep coming back. Where and how should I re-invest this money for the same purpose? - Manas Gupta Yes, congratulations! Franklin India Ultra Short Bond Fund has completely wound up its segregated portfolio, which got created on January 24 and Franklin, in July, credited the money to investors' account by cancelling those unit

This article was originally published on August 04, 2020.


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