INTERVIEW QUESTIONS LOAN LOAN AGAINST SECURITIES DETAILS

Question: What is the maximum amount I can get as a loan against my MF investments?

Answer: The amount of money you can get as a loan against mutual fund depends on the type of fund you own. For equity based mutual funds you can get as much as 50% lending on the net asset value of your funds. Some banks have a cap on the minimum and maximum loan amount you can avail when opting for loan against mutual funds.

The amount of money you can get as a loan against mutual fund depends on the type of fund you own. For equity based mutual funds you can get as much as 50% lending on the net asset value of your funds. Some banks have a cap on the minimum and maximum loan amount you can avail when opting for loan against mutual funds. Source: CoolInterview.com

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