Loan Against Mutual Funds - A Complete Guide | How to Apply | Eligibility | Interest Rate | ETMONEY

[@anirudhalewoor6834]

This channel is the best for mutual funds!

[@ETMONEY]

Thank you for your kind words.

[@sundaramgokulnath7562]

I learned something completely new today. Thank you so much

[@ETMONEY]

You are most welcome!

[@sundarvadivel2479]

This is really a great video that covers all the areas we need to consider without searching any other place for additional information!! Appreciate all your efforts in putting everything together!!

[@ETMONEY]

Glad it was helpful! Thank you for your kind appreciation

[@lakshminarasimhannarasimha1338]

Very authentic channel having a authentic anchor. Hats off to you

[@shanmukh111]

Sir, you are a boon to many people like me who know very little about things like these. As always great video. Hope you keep up the good work. 🙏🙏

[@ETMONEY]

Thanks for the appreciation!

[@kanaujia018]

It's really informative I didn't know about this before. Thanks for educating us🙏

[@ETMONEY]

Thanks for liking

[@prashcacs1]

Highly informative video. Another point to ponder - selling a MF unit may lead to capital gains as well which may be a deterrent..

[@sandiprane9571]

This much knowledge,no bank person have idea about loans

[@ETMONEY]

Glad you found it useful!

[@prakashraghunathan2685]

Deep dive insight .Thank you sir!

[@ETMONEY]

Thanks for the appreciation, Prakash Raghunathan

[@rkn3383]

Thanks for touching unpopular information.

[@fundamentalswing]

Deep and Informative video.. Great content...

[@ETMONEY]

Thank you very much

[@vivekagravat4625]

Beautifully explained... Cheers.

[@adityadora1]

Please make a guide on how and when to do SWP and STP.

[@kasiviswanath8745]

Great work by ET Money Team

[@ETMONEY]

Thank you

[@seshafarmspalmarosa1267]

Very informative video ... Thanks for sharing , can you advice any few list of index fund to invest and take a OD limit on the funds ... you can make video on this tooo... That will be great ....

[@Kts_shorts-k5t]

It's good... But you should tell more about how to repay that loan using mutual fund which was used

[@loknathmondal1539]

This is a wonderful new information to me. Thanks.

[@ETMONEY]

Our pleasure!

[@TheRohitluvall]

Does Groww and ET money provides Loan on mutual fund ?

[@rajnishsharma2084]

Brilliantly explained 👍👍

[@ETMONEY]

Thank you 🙂

[@hemantpatel5005]

Thank you for sharing valuable information

[@ETMONEY]

Glad it was helpful!

[@rsv1503]

Thanks for the detailed video.

[@ETMONEY]

Glad it was helpful!

[@ijnmpi]

Keep up the good work!

[@ETMONEY]

Thx!

[@arundas9999]

Useful information 👍

[@ETMONEY]

Thanks for liking

[@Kris7na]

Thanks for the useful and informative video..

[@ETMONEY]

Glad it was helpful! Thanks Krishna Chaitanya

[@gitaonlinestudy1315]

Hello ETMoney, Nice video. One question - Can we apply for "student loan" with mutual funds as a collateral? Any idea which institution can offer student loan against MFs?

[@umeshjamadar2409]

Very useful

[@ETMONEY]

Thanks a lot

[@gaurav20021966]

Its better to redeem mutual funds..

[@kirandev9874]

Can u please also tell us the list of banks or nbfcs which offer loan on mutual fund. And also please confirm if ELSS mutual funds are applicable for this

[@ETMONEY]

Yes, ELSS funds are accepted by some financial institutions. Please search for "loan against mutual funds" or "loan against securities" on google.com, you'll get an updated list of institutions offering it

[@kirandev9874]

@@ETMONEY I have googled it but found no where. Checked with Sbi bank, kotak bank, hdfc bank, fullerton , Icici bank. None of the above banks offer loan on ELSS fund. When asked they said that these have lock in period so lien cant be applied on this. But i request you to please let me know if there is any bank of NBFC which offers such loans on ELSS mutual fund. (Which has a lock in period of 3 years)

[@noumaanmohammad1274]

I think even after collateral of mf units, interest rates seems similar to regular personal loan's.

[@shashidharreddy2959]

Can I keep investing in the MF against which loan is taken? If so, will the overdraft limit increases as the invested amount increases?

[@ETMONEY]

Loan is given against a number of units. This does not stop you from buying more units in that MF scheme. You'll have to check with the bank/lender on if this will lead to a consequent increase in OD limit (we have our doubts)

[@shihajm1163]

As you told to approach different institutions then whether it will affect the CIBIL Score? Normally number of loan enquiries are affecting the CIBIL Score. Please confirm.

[@ETMONEY]

Kindly check the CIBIL or Experian website for specifics on this

[@datta6159]

sir I am started SIP from emoney...pls suggest me which index fund is better.

[@prakashnt7014]

if I invest in mutual funds through etmoney, who keeps my units record apart from AMC.( like shares record ndsl or cdsl keeps it likewise MF). how can i sell my mf small parts of units incase of emergency through ETMONEY. THANKS FOR your videos, it is really useful for us

[@LearnwithEducationHub]

Can we get loan against ELSS mutual funds?

[@mangapathilunavath7991]

No

[@GaneshSatputeAtPlus]

Isn't Axis AMC registered in CAMS? If no, how do I get my axis MF holdings in CAMS statement?

[@ETMONEY]

1. Axis MF is KFintech 2. Consolidated statement gives CAMS & KFintech info

[@GaneshSatputeAtPlus]

Thanks for explanation@@ETMONEY Let me paraphrase for better understaindg. Axis is not registered directly to CAMS but registered to KFintech. And KFintech is registered to CAMS. That is why I can get the MF holdings in CAMS report but I can't get a loan from ICICI because Axis is not directly registered on CAMS. Am I correct?

[@Curi0us-s0ul]

SIR, Can we trust finezzy for LAMF??

[@prabhuprasad5099]

Thank you so much

[@ETMONEY]

Any time, Prabhu Prasad

[@rohitnaidu4453]

Mirai assert which bank can give loans??

[@kuntalnr]

Can NRI with mutual fund in India apply for these loans?

[@rameshnegi741]

Yes

[@Facts24x7]

How to repsy method not explained.....

[@umeshjamadar2409]

👍👍

[@lijokunjukunju5034]

Possible to get loan against mutual funds doing stp..

[@ar.swapnilmangle]

👍

[@kaushiksoni2775]

Does mutual Fund units be in demate account to get loan against units.

[@ETMONEY]

Dont think so. We didnt come across nay such reference on any bank or NBFC material

[@milandiyungmahnunisa8049]

I have redeemed from PGIM PORTFOLIO on Friday 18th June 2021, but till today the funds are not credited in my account number.

[@rohanshinde4327]

Debt fund?

[@milandiyungmahnunisa8049]

@@rohanshinde4327 No. Fund Direct-Growth

[@pranavbadgujar8612]

It will by monday

[@rohanshinde4327]

Which fund exactly?

[@milandiyungmahnunisa8049]

@@rohanshinde4327 PGIM India Global Equity Opportunities Fund Direct - Growth

[@josemenezesmenezes3640]

Sir can I get loan on ELSS mutual fund with Aditya birla

[@ETMONEY]

Kindly check with the lender

[@vivekjimkoshy]

isnt it better to sell the mf units instead of pledging it... rather than paying the interest along with emis, isnt it better to do an sip on mfs with that amount??? Very informational video as always🙏

[@ETMONEY]

Wont generalize it. E.g. say, the markets have dipped by 20% (UKR-RUS war) and you needed some money at the same time. With experience, you know that markets come up with a few months (happened in 2008, in 2016 and in 2020). How comfortable are you to sell your MF investments at this 20% dip knowing that it's a 20% loss?

[@vivekjimkoshy]

@@ETMONEY true in that scenario... But isn't that a rarity... In normal situations, isn't it better to sell your existing units in case of an emergency rather than pledging it???

[@ETMONEY]

@@vivekjimkoshy It'll change from individual to individual. For instance, I'll redeem debt units if holding is over 3 years instead of taking a loan. However if debt holdings are within 3 years, then will do a rethink. With equity, annual expectation is 12% if not more. Depending on my outlook, I would take that. I haven't had to myself take a loan but my relative has so speaking from his experience. As I said, views can change but I don't want to put myself at a disadvantage by generalizing it

[@vivekjimkoshy]

@@ETMONEY True that... It might boil down to individual choices and situations... Thank you so much for replying 🙏

[@nihalsherrif1299]

Can I get loan against ELSS Funds?

[@ETMONEY]

Yes. You'll have to check with the loan provider for a list of approved schemes though.

[@manojrana2260]

Aap se request h ke videos hindi me ho to jayada acha h

[@Spandeesh]

Useless... Simply tell how we can take loan

[@maheshandappan]

There is no information on MF ETFS