Personal Finance How to take a loan against your mutual fund investment Updated : February 24, 2020 04:28 PM IST The loan against mutual fund units is done in form of an overdraft facility and the interest is charged on the amount availed as the credit. The investor can apply to the bank or financial institution for a loan against the mutual fund units he or she holds. The loan can be received against equity or hybrid mutual funds by approaching any bank or non-banking financial company. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.