diff --git a/net/sunrpc/xprtrdma/fmr_ops.c b/net/sunrpc/xprtrdma/fmr_ops.c
index 4a53ad5ab4b36722e5597888985987b60edf6cc9..f1e8dafbd5079b3406a769ba4854ecba229edca6 100644
--- a/net/sunrpc/xprtrdma/fmr_ops.c
+++ b/net/sunrpc/xprtrdma/fmr_ops.c
@@ -69,8 +69,10 @@ fmr_op_init(struct rpcrdma_xprt *r_xprt)
 	INIT_LIST_HEAD(&buf->rb_mws);
 	INIT_LIST_HEAD(&buf->rb_all);
 
-	i = (buf->rb_max_requests + 1) * RPCRDMA_MAX_SEGS;
-	dprintk("RPC:       %s: initializing %d FMRs\n", __func__, i);
+	i = max_t(int, RPCRDMA_MAX_DATA_SEGS / RPCRDMA_MAX_FMR_SGES, 1);
+	i += 2;				/* head + tail */
+	i *= buf->rb_max_requests;	/* one set for each RPC slot */
+	dprintk("RPC:       %s: initalizing %d FMRs\n", __func__, i);
 
 	rc = -ENOMEM;
 	while (i--) {
diff --git a/net/sunrpc/xprtrdma/frwr_ops.c b/net/sunrpc/xprtrdma/frwr_ops.c
index 18b7305d249fbc676a782ced87b6258e40f3bd70..661fbc1784abc21e27bd5a49f7346eb26eac1178 100644
--- a/net/sunrpc/xprtrdma/frwr_ops.c
+++ b/net/sunrpc/xprtrdma/frwr_ops.c
@@ -270,8 +270,10 @@ frwr_op_init(struct rpcrdma_xprt *r_xprt)
 	INIT_LIST_HEAD(&buf->rb_mws);
 	INIT_LIST_HEAD(&buf->rb_all);
 
-	i = (buf->rb_max_requests + 1) * RPCRDMA_MAX_SEGS;
-	dprintk("RPC:       %s: initializing %d FRMRs\n", __func__, i);
+	i = max_t(int, RPCRDMA_MAX_DATA_SEGS / depth, 1);
+	i += 2;				/* head + tail */
+	i *= buf->rb_max_requests;	/* one set for each RPC slot */
+	dprintk("RPC:       %s: initalizing %d FRMRs\n", __func__, i);
 
 	while (i--) {
 		struct rpcrdma_mw *r;