How can one split ₹10 lakh in savings, FDs and mutual fund?

Someone with ₹10 lakh in savings could allocate ₹2 lakh to a savings account, ₹4 lakh in liquid mutual funds and ₹4 lakh to fixed deposits. Savings should cover a couple of months’ expenses, while the MF-FD split depends on one’s preference for flexibility or certainty. They can also split liquid funds across schemes for emergency access to money.