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Are mutual funds the right place to park my money for emergencies?

Yes, absolutely! You will be investing in Liquid Mutual Funds. So, your money will not really have down-market risks. 

After figuring out how big a corpus you need, choose an appropriate investment option. Remember, accessibility of your money (and not returns) is crucial here.

There is no lock-in period. Scripbox Emergency Money gives you easy liquidity and once you wish to withdraw, the money will be in your bank account the next working day. 

(Coming soon: You will soon be able to withdraw money from your Scripbox Emergency Money account instantly.)

Replenish your corpus: 

  • Once the emergency is over, revisit and replenish the corpus.
  • Even if you don’t use funds from Scripbox Emergency Money, review it at least once a year to adjust for inflation, lifestyle changes, increase in family members and changes in debt commitments. 

Hope we helped! Why not get started with your Scripbox.
If you need further assistance please feel free to reach us at 1800-102-1265