Loan against Mutual Funds

LAMF is a secured loan option where your mutual fund units act as collateral for loans from financial institutions. No need to redeem your units to raise funds—your investments can keep working for you, potentially generating returns while you access the capital you need. The loan amount is a percentage of your mutual fund's current value.

To be eligible for a Loan Against Mutual Funds at DhanLAP:

1. You should be between 18 and 65 years.

2. Hold Mutual Funds approved with CAMS & Kfintech (RTAs).

3. Joint mutual fund holders are not eligible for the loan.

4. You should be an Indian resident.

At DhanLAP the interest rate of the loan against mutual funds is 10 % p.a.

1. Download our app or sign up and register yourself

2. Complete one-time KYC verification using your PAN & Aadhaar details

3. Verify your bank account and set up E-mandate

4. Pledge/Lien mark your funds at CAMS & KFINTECH RTAs

5. Digitally sign the loan agreement with OTP authentication

6. Overdraft or Immediate disbursement. Whatever you opt for, you will receive your money within the same day.

The maximum loan amount you can receive against your mutual funds depends on the type of funds you hold. You can get up to 50% of the current value of your equity funds, and up to 70% of the current value of your debt funds.

Yes, you can lien mark any equity mutual fund units of your choice in your mutual fund portfolio. We will show you an optimal allocation for lien marking depending on your portfolio and loan amount that you had asked for. You can change the schemes and units and have your own allocation for lien marking. We are completely flexible with it.

The minimum amount is ₹25,000/- and the maximum amount is ₹1 crore for equity and debt mutual funds.

In case you face any issues you can contact our support team at contact@dhanlap.com or call our helpline number 6379699343 (Monday to Saturday 9 am to 6 pm, excluding holidays).