How much emergency fund should I hold?

The exact amount of emergency fund that you should hold depends on your circumstances, but this table below gives you an idea:

• 25 Years: At this age, as you are having less liability you should be having an emergency corpus of as less as 6 months.
• 30 Years: With enhanced liabilities, your emergency corpus should be of 12 months’.
• 35 Years: You might have children and you need to have a large emergency fund to deal with medical emergencies or issues related to job loss. So, at least 18 months’ fund is required.