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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.
How to take a loan against your mutual fund investment

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