indians are quite thrifty and a lot of them have even started investing in equities but the low level of insurance shows they are not prepared for unforeseen events an online survey conducted by et wealth earlier this month shows that three out of five respondents save more than 20 of their income the survey had 1270 respondents investors have embraced equity investing 43 of the respondents allocate more than 30 of their portfolio to stocks and equity mutual funds but the survey also reveals that 69 of the respondents are underinsured also 58 do not have a sizeable emergency fund and 13 plan to pay for medical emergencies by liquidating their investments read on for more findingshow much of your monthly income are you able to save as many as 85 of the respondents save more than 10 of their monthly income almost two out of three save more than 20 which is what experts recommend one should ideally savemore stories for you back to recommendation storiesi dont want to see these stories becausethey are not relevant to methey disrupt the reading flowotherssubmithow often do you rebalance your portfolio two out of three respondents rebalance their portfolio but rebalancing does not mean frequently churning the portfolio experts recommend rebalancing the portfolio once a yearhow much is your life insurance cover of the 1068 respondents with dependents 69 are underinsured including a staggering 20 with no insurance experts say ones insurance cover should be at least 510 times ones annual incomehow much of your portfolio is allocated to stocks and equity mutual funds equity investment has become an integral part of peoples wealth generation strategy 83 of the respondent have invested either in stocks or equity mutual fundsin a medical emergency how will you pay just three out of 10 respondents have both individual and group insurance financial planners recommend that besides the employerprovided health cover one must have an individual cover as wellhow big is your emergency fund a sudden financial crisis can hit anyone yet a majority of the respondents 58 do not have a sizeable emergency fund ones emergency fund should be equal to at least six months income say experts