Loan Against UTI Banking & PSU Fund Direct IDCW Yearly

Debt

Banking and PSU

Dividend

ISIN NO. - INF789FA1V03

LAUNCH DATE - 04-Nov-2016

Returns (CAGR)

1 yr. 6.93

3 yr. 6.49

5 yr. 5.72

Since Inception 7.1%

Risk Category

Moderate

Stop Redemptions with Loan Against Mutual Funds

Unlock the potential of your mutual fund investments with loan facilities from a wide range of eligible mutual fund schemes. By availing a loan against your mutual funds, you can access funds without the need to sell or redeem your investments. Retain ownership of your mutual fund units and benefit from potential growth and dividends while meeting your financial requirements.

Why Take a Loan Instead of Selling or Redeeming Mutual Fund Units?

Taking a loan against your UTI Banking & PSU Fund Direct IDCW Yearly units offers several advantages over selling or redeeming your investments:

Retain Ownership and Potential Growth
Avoiding Disruption to Investment Strategy
Cost-Effective Solution
No Need for Repurchasing
Flexibility in Loan Utilization

27-Oct-2023
12.4007

Fund size:
959.5512 Cr

Exit Load:
Nil

Expense Ratio:
0.24%

Fund House:
UTI Mutual Fund

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Min. Lump sum Investment ₹5000

Min. SIP Investment 500

CATEGORY AVERAGE 1 yr. 3.9% 3 yr. 5.6%

Check your eligible loan amount against mutual funds.

Value of your mutual fund ₹

You are eligible for

₹

50,000

Minimum portfolio value: ₹50,000

Interest Rate: 10%

Choose tenure

6 mon 12 mon 18 mon

24 mon

installment options

EMI

₹

4395

per month

Balloon

₹

416

per month

Apply now

About UTI Banking & PSU Fund Direct IDCW Yearly

The scheme seeks to generate steady and reasonable income, with low risk and high level of liquidity from a portfolio of predominantly debt & money market securities by Banks and Public Sector Undertakings (PSUs). ;

What is a loan against
mutual funds?

With a Loan against Mutual Fund, you offer your MF units as collateral for the loan. The lender holds the Mutual Fund units as a security till you repay the loan amount. Your Mutual Funds will continue to earn returns, but you cannot sell them while you have pledged them to the lender.

You may borrow up to 50% of the value of your equity mutual fund schemes in your portfolio. The value of your mutual fund scheme is derived by multiplying the number of units by the scheme's NAV. The total value of all equity mutual fund schemes will be used to calculate your portfolio value.

Apply now

Why Take a Loan Instead of Selling or Redeeming Mutual Fund Units?

Taking a loan against your Mutual Fund units offers several advantages over selling or redeeming your investments:

Retain Ownership and Potential Growth: By opting for a loan against your UTI Banking & PSU Fund Direct IDCW Yearly, you can keep ownership of your mutual fund units. This way, you can continue to benefit from any potential growth or dividends generated by your investments.
Avoiding Disruption to Investment Strategy: Selling or redeeming your mutual fund units may disrupt your investment strategy and long-term financial goals. With a loan against your UTI Banking & PSU Fund Direct IDCW Yearly units, you can maintain your investment plan while accessing the funds you need.
Cost-Effective Solution: Loans against mutual funds often come with lower interest rates compared to traditional loan options, making them a cost-effective solution for obtaining funds.
No Need for Repurchasing: Selling your mutual fund units to meet financial needs may require repurchasing them later, potentially incurring additional costs such as entry loads or exit loads. By taking a loan against your UTI Banking & PSU Fund Direct IDCW Yearly, you avoid the need for repurchasing units in the future.
Flexibility in Loan Utilization: Taking a loan against your UTI Banking & PSU Fund Direct IDCW Yearly units instead of selling or redeeming them provides you with greater flexibility in utilizing the funds. When you sell or redeem your mutual fund units, the proceeds are typically unrestricted, and there is no control over how the funds are used. However, with a loan against your mutual fund units, you have the freedom to utilize the loan amount for specific financial needs such as home renovation, education expenses, medical emergencies, debt consolidation, or any other purpose that aligns with your financial goals. By retaining ownership of your mutual fund units and availing a loan, you can maintain control over your investment portfolio while meeting your immediate financial requirements.

How to Apply for the Loan?

Applying for a loan against your UTI Banking & PSU Fund Direct IDCW Yearly through DhanLAP is simple.

Visit the DhanLAP signup page.

Complete your EKYC

Pledge your Mutual Fund Holdings

Get Instant Loan disbursal to your bank account.

Apply for Loan against Mutual Funds Now

Eligibility Criteria for Loan Against UTI Banking & PSU Fund Direct IDCW Yearly

To be eligible for a loan against your UTI Banking & PSU Fund Direct IDCW Yearly units with DhanLAP , you typically need to meet the following criteria:

You should be between 18 and 65 years of age

Your entire mutual fund portfolio should not be less than ₹50,000

You should hold Mutual Funds approved with CAMS & Kfintech (RTAs).

Debt & ELSS funds are not eligible.

Joint mutual fund holders are not eligible for a loan.

You should be an Indian resident

Benefits of Taking Loan Against Your UTI Banking & PSU Fund Direct IDCW Yearly with DhanLAP

Choosing a loan against UTI Banking & PSU Fund Direct IDCW Yearly with DhanLAP offers several benefits:

Higher Loan Amount: DhanLAP allows you to avail a higher loan amount compared to regular LAMF products, enabling you to meet substantial financial requirements.

Longer Repayment Tenure: You can choose a longer repayment tenure for DhanLAP, giving you more flexibility in managing your loan repayments.

Customized Loan Structures: DhanLAP offers customized loan structures tailored to your financial goals and requirements, providing you with greater control over the loan terms.

Fully End-to-end Digital Process: The documentation process for DhanLAP is fully digital and hassle-free, ensuring a smoother loan application experience.

Avoid Disruption to Investment Strategy: Loan Against Your UTI Banking & PSU Fund Direct IDCW Yearly with DhanLAP allows you to avoid disrupting your investment strategy and long-term financial goals. Instead of selling or redeeming your mutual fund units, you can leverage them as collateral for a loan and continue to benefit from potential market growth.

Cost-Effective Solution: DhanLAP offers competitive interest rates, making it a cost-effective solution compared to traditional loan options. By opting for a Loan against Your UTI Banking & PSU Fund Direct IDCW Yearly units with DhanLAP, you can access funds while minimizing the impact on your finances.

Quick Access to Funds: With DhanLAP, you can enjoy quick and convenient access to funds. The loan approval and disbursal process is efficient, allowing you to meet your financial needs promptly.

Flexibility in Loan Utilization: The loan amount obtained through DhanLAP can be used for a wide range of purposes, including home renovation, education expenses, medical emergencies, debt consolidation, or any other financial requirements you may have. You have the freedom to utilize the funds as per your specific needs.

Convenient Repayment Options: DhanLAP provides flexible repayment options tailored to your financial circumstances. You can choose from various repayment tenures and select a repayment plan that suits your cash flow and repayment capabilities.

Simple and Transparent Process: DhanLAP ensures a simplified and transparent loan process. The documentation requirements are clear, and the loan terms and conditions are communicated upfront, providing you with clarity and peace of mind.

By choosing Loan Against UTI Banking & PSU Fund Direct IDCW Yearly with DhanLAP, you can unlock the value of your investments without liquidating them, enabling you to meet your financial goals while preserving your long-term wealth creation potential.

Apply for Loan against Mutual Funds Now

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Stop Redemptions with Loan Against Mutual Funds

Why Take a Loan Instead of Selling or Redeeming Mutual Fund Units?

Taking a loan against your UTI Banking & PSU Fund Direct IDCW Yearly units offers several advantages over selling or redeeming your investments:

Check your eligible loan amount against mutual funds.

About UTI Banking & PSU Fund Direct IDCW Yearly

What is a loan against mutual funds?

Why Take a Loan Instead of Selling or Redeeming Mutual Fund Units?

Taking a loan against your Mutual Fund units offers several advantages over selling or redeeming your investments:

How to Apply for the Loan?

Applying for a loan against your UTI Banking & PSU Fund Direct IDCW Yearly through DhanLAP is simple.

Eligibility Criteria for Loan Against UTI Banking & PSU Fund Direct IDCW Yearly

To be eligible for a loan against your UTI Banking & PSU Fund Direct IDCW Yearly units with DhanLAP , you typically need to meet the following criteria:

Benefits of Taking Loan Against Your UTI Banking & PSU Fund Direct IDCW Yearly with DhanLAP

Choosing a loan against UTI Banking & PSU Fund Direct IDCW Yearly with DhanLAP offers several benefits:

By choosing Loan Against UTI Banking & PSU Fund Direct IDCW Yearly with DhanLAP, you can unlock the value of your investments without liquidating them, enabling you to meet your financial goals while preserving your long-term wealth creation potential.

List of UTI Mutual Fund Schemes.

Explore More Loans Against AMC Options:

Explore More Loans Against AMC Schemes:

Loans Against TRUSTMF Banking & PSU Debt Fund Direct Growth Loans Against Canara Robeco Banking and PSU Debt Fund Direct IDCW Loans Against Baroda BNP Paribas Banking & PSU Bond Fund Direct IDCW Monthly

What is a loan against
mutual funds?

Loans Against TRUSTMF Banking & PSU Debt Fund Direct Growth

Loans Against Canara Robeco Banking and PSU Debt Fund Direct IDCW

Loans Against Baroda BNP Paribas Banking & PSU Bond Fund Direct IDCW Monthly