Debt funds or bank FDs: Where to invest your emergency corpus?

Investing a portion of your emergency corpus in debt funds can help you optimise returns in a tax-efficient way. Ideally, the emergency corpus should be spread across three layers. The first layer of emergency corpus should be in cash, in the locker of your cupboard. A reasonable amount depending on your personal circumstances should work. The second layer can be your bank account or a fixed deposit which can be readily liquidated. The third layer can be a liqui

This article was originally published on May 11, 2022.