Is your Financial goal
Specific, Measurable, Achievable, Relevant, Time-bound ?
Is your Financial goal
Specific, Measurable, Achievable, Relevant, Time-bound ?
Loan Against Mutual Fund Units allows investors to pledge their mutual fund units as collateral to secure a loan.
1. Easy access to funds
2. No need to sell units at distressed prices
3. Continued benefits of investment growth
4. Flexible loan tenure
5. Competitive interest rates
1. Equity, debt, and hybrid funds
2. Open-ended and close-ended schemes
3. Most fund houses
1. Loan-to-Value (LTV) ratio: 45-50% of unit value
2. Interest rate: Lowest interest rates
3. Tenure: 1-7 years
4. Repayment: EMI
5. Foreclosure: Allowed with minimal charges