What Is Loan Against Mutual Funds?
Tuesday, December 20, 2016, 6:55 PM
You can avail a loan against your investment in mutual funds. All you have to do is approach a bank or an NBFC, and request for a loan against your mutual fund investments. The bank would consider your request only after seeking a lien (legal right of the bank to sell the units of your mutual fund, in case you default on your loan).