Loan against Mutual Funds Interest Rate: A Comprehensive Guide
Manyasharma0127 Feb, 2024Finance
A loan against mutual funds is a form of secured borrowing that allows investors to pledge their mutual fund units as collateral and avail of loans. In this process, the lender takes a lien on the mutual fund units and disburses a loan amount equivalent to a certain percentage of the current market value of the units pledged.
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