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    HomeNewsBusinessPersonal FinanceNeed urgent money? Should you go in for loan against mutual funds?

    Need urgent money? Should you go in for loan against mutual funds?

    The loan amount will depend on the type of mutual funds you offer as security. While you can get about 70-80 percent of the value of your debt funds as a loan, in case of equity funds, you'll get about 50 percent.

    Dev Ashish
    June 14, 2024 / 08:23 IST
    Compared to taking a personal loan or credit card, the loan against mutual funds also lowers your interest burden substantially as it is a secured low-cost loan
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