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Personal finance

Personal finance
What is an emergency fund? A plain explanation of what it is and how it is usually described
An emergency fund is money set aside for unplanned costs. What counts as an emergency, how the size is commonly described, and what the money is kept for. General education, not personal advice.
24 Sept 2026
Personal finance
What is NAV in a mutual fund? How net asset value is calculated
NAV is the value of one unit of a mutual fund. How it is calculated, what a high or low NAV does and does not mean, and how many units an amount buys, with illustrative numbers.
24 Sept 2026
Personal finance
How an EMI works: why early instalments are mostly interest
What an EMI is made of, why interest takes the larger share early in a loan, and how tenure and rate change the total interest, with a worked example.
24 Sept 2026