Loan Against Mutual Funds — Liquidity Without Selling
Apne mutual fund investments ko todne ki zarurat nahi — Loan Against Mutual Funds (LAMF) ke through quick liquidity. Equity 50%, debt 75% LTV typical.
Overview
Loan Against Mutual Funds (LAMF) ek secured loan hai jisme borrower apne mutual fund units (equity ya debt) lender ke paas pledge karta hai. Yeh Overdraft (OD) facility typically hoti hai — credit limit set ho jati hai aur borrower as-needed basis pe withdraw karta hai. Interest sirf utilized amount pe charge hota hai. Banks aur some NBFCs (jaise leading NBFCs & AMCs) yeh facility offer karte hain. Investment portfolio intact rehta hai, growth continue hoti hai.
Key Details
| Category | Detail | Description |
|---|---|---|
| Equity Mutual Funds LTV | Up to 50% | Lower due to volatility |
| Debt Mutual Funds LTV | Up to 75% | More stable, higher LTV |
| Tenure | 1-3 years typically (renewable) | Overdraft style |
| Interest Rate | Equity 10-12%, Debt 9-11% | Lender-specific |
Note: Indicative figures from publicly available sources. Subject to revisions and lender/regulator discretion.
Eligibility
- MF holder with active folio in eligible AMCs
- Age: 18-75 years
- Indian resident
- Pledged MF units should be unencumbered
- Joint folios: all unit holders' consent required
- Tax-saving ELSS funds: lock-in period (3 years) me NOT eligible
Required Documents
- PAN + Aadhaar
- Address proof
- MF statement (Consolidated Account Statement preferred)
- Loan application form
- Bank account details
- Photographs
Specific documentation may vary. Verify with implementing authority/lender.
Application/Application Process
- Eligible lender (bank / NBFC) approach karo
- MF folios share karke pledge process initiate karo
- Lender CAMS / KFinTech ke through electronic lien mark karta hai pledged units pe
- Valuation + LTV calculation → credit limit sanction
- Limit setup ke baad anytime drawdown possible
- Interest sirf utilized amount pe charge hota hai monthly
Key Benefits
- MF investments intact — growth/returns continue
- Pay interest only on utilized amount (overdraft style)
- Quick processing — typically 1-3 days for limit setup
- Flexible repayment — partial or full anytime
- No prepayment penalty typically
- Continued exposure to market upside while accessing liquidity
🚀 General Guidance Needed?
ProWiderKart facilitator se free jaankari le sakte ho — general information aur direction ke liye.
💬 WhatsApp Free JaankariFrequently Asked Questions
Kya ELSS funds pe loan mil sakta hai?
Generally nahi. ELSS funds ka 3-year lock-in period hota hai 80C deduction ke liye — is duration me units locked hote hain, isliye pledge nahi ki ja sakti. Lock-in expire hone ke baad eligible ho jate hain.
Margin call kya hota hai LAMF me?
Agar equity MF NAV gir jaye aur LTV ratio increase ho jaye (loan amount > 50% of MF value), lender 'margin call' karta hai — additional units pledge karne ya partial repayment karne ke liye. Yeh equity MF ka inherent risk hai.
Interest kaise charge hoti hai?
Overdraft model me — sanctioned limit ka sirf utilized portion pe interest charge hota hai monthly. Example: ₹5 lakh limit, ₹2 lakh utilize → interest sirf ₹2 lakh pe.
Kya kisi bhi AMC ki MF pe loan mil sakta hai?
Most lenders ki eligible AMC list hoti hai — major fund houses cover hote hain. Verify karo specific lender ke saath. Some boutique/new AMCs eligible nahi ho sakti.
Tenure renewal kaise hoti hai?
LAMF typically renewable overdraft hota hai — annual renewal possible. Lender ki periodic review hoti hai (NAV checks, etc.). Tenure bank-specific (1-3 years common).
Direct AMC se loan milta hai kya?
Some AMCs (major asset management companies) directly LAMF offer karte hain through partner banks/NBFCs. Independent banks/NBFCs bhi available hain — multiple options compare karo.
Related Resources
Nivesh Bechna Ya Uske Badle Lena — Farak Kya Hai
Jab paise ki zaroorat aati hai aur aapke paas nivesh hai, to do raaste hote hain: bech dijiye, ya uske badle paisa lijiye. Bechne mein aapka nivesh khatam ho jaata hai aur uska aage ka faayda bhi. Badle mein lene par nivesh aapka hi rehta hai, bas uspar lien lag jaata hai. Iska faayda tab hai jab zaroorat chhoti aur short-term ho. Aur nuksaan tab hai jab zaroorat lambi ho, kyunki kharch chalta rehta hai. Meri seedhi salah: pehle ye tay kijiye ki paisa kitne din mein wapas aayega. Us ek jawab se hi ye faisla saaf ho jaata hai, aur uske bina dono raaste andhere mein hain.
Is Raaste Ka Sabse Bada Risk Kya Hai
Sabse bada risk ye hai ki nivesh ki keemat girti-badhti rehti hai. Agar wo kaafi gir jaaye to aapse aur security ya kuch hissa wapas maanga ja sakta hai, aur wo sthiti aksar tab aati hai jab bazaar pehle se kharab ho. Isi liye poori limit ka istemaal na karna samajhdaari hai, taaki thodi jagah bachi rahe. Aap khud sochiye, agar bazaar gire aur usi waqt aur paisa maanga jaaye, to aap kahan se laayenge? ProWiderKart ek facilitator hai, hum nivesh ki salah nahi dete aur na hi koi funding dete hain.
Yahan Log Sabse Zyada Chook Jaate Hain
- Paisa kitne din mein wapas aayega, ye tay na karna.
- Poori limit ka istemaal kar lena, koi jagah na chhodna.
- Keemat girne par kya hoga, ye na poochna.
- Short-term zaroorat ke liye lamba tenure lena.
- Har charge aur shart likhit mein na maangna.