DhanLAP Featured on Bhaskar English: How to Get a Loan Against Mutual Funds
How to get a loan against your mutual fund investment: Banks offer 50%-60% of NAV value for equity MFs, 80% for debt funds; cheaper than personal loans
If you need short-term liquidity but don’t want to redeem your mutual fund investments, a Loan Against Mutual Funds (LAMF) could be a smart solution. Many banks and non-banking financial companies (NBFCs) now allow investors to pledge their mutual fund units as collateral and access funds without disrupting their investment growth.
This article was originally published on Bhaskar English. Read the original article here: Bhaskar English - Loan Against Mutual Funds