Want a loan against your mutual funds? Eligibility, processing fees, interest – Want a loan?
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Do remember that mutual fund investments continue to earn dividends and appreciate while the lien is marked.
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When an investor repays a partial loan, that proportion of mutual fund units may be made free from the lien. Do note that once the lien is marked in favour of the bank/financial institution, these units cannot be redeemed by the investor.
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