What is the advantage of borrowing against Mutual Fund units?
Wednesday, August 30, 2017, 11:30 AM
Loan Against Mutual Funds gives you the option of receiving immediate liquidity against the mutual fund units that you own. It is like an overdraft facility for short-term monetary requirements, with a relatively shorter tenure than other loans. It is a beneficial monetary tool for those looking to leverage their otherwise idle mutual fund investments, and also raise capital quickly for short term financing-needs.