An emergency fund is an essential corpus that you must keep aside to tackle emergencies. It is a fund that you can fall back on at the hour of crisis or for unexpected and unplanned scenarios, and not for meeting your routine expenses. So, you must design it specifically to meet unanticipated financial shortfalls that may apply to you. Uncertain times happen at unexpected time, expect the unexpected with Emergency Plan. Build Emergency Fund with 3 to 6 months expenses in liquidating in parts as and when required.