LOAN AGAINST MF
SBI loan against mutual funds: How to avail, interest rate, processing fee
State Bank of India (SBI) launches an online loan facility against mutual fund (MF) units via Internet Banking (INB) and the YONO App. The new loan facility is extended at attractive interest rates to mutual fund schemes of all Asset Management Companies (AMCs) registered with CAMS.
What is the advantage of borrowing against mutual fund units?
Borrow against equity or hybrid mutual fund units for immediate liquidity at 9-11% interest rates. Advantages include short-term monetary support without selling units, maintaining financial plan, and quick capital raise. Apply online through NBFC websites for a paperless process.
Are loans against MF investments better than credit card or personal loans? Shweta Jain answers
Shweta Jain advises against impulsive borrowing, recommends loan alternatives to credit cards, and stresses timely repayment. Mutual fund loans offer lower rates, varied tenure, with caution needed on charges and provider selection, regardless of age. Against equity mutual funds, one could get 40-50% of the value. In the case of debt MFs, one can get 80-90% of the value.
How to make most of the annual bonus: Save 56% more if you invest Rs 2 lakh in equity mutual fund than prepaying home loans
This is the time of the year when many people get their annual appraisal done and receive their hard earned performance bonus or incentives. This is a significant amount which everyone wants to make the best use of. If you have a home loan outstanding then there is always a tendency to make a partial prepayment to bring down loan outstanding. However you also have the option to invest in equity MF which can potential give good return over long term. So you need to check which option works better for you.
Liquidity in mutual funds: 5 things to know
If the fund has investments that are less commonly traded, it might impact the liquidity of the fund.
When to sell your mutual fund and when to take loan against securities
When you need urgent fund whether you should sell your mutual fund units or take a loan against it? Most investors take SIP route to build their long term investment portfolio and if it is broken or short term need it will be a difficult task to get back. However, if you go for loan it will come at a cost. We tell you how a loan against MF works and how should you decide whether you need to sell your MF holding or take a loan.
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7 types of loans you can avail if you need funds quickly
Here are seven types of loans you can consider if you need money at short notice.
ETMarkets Smart Talk: Indian market expensive but money from MF SIPs making all the difference: Rakesh Parekh
The Indian market is supported by domestic savings channeled through mutual fund systematic investment plans (SIPs) and improving corporate profitability, despite expensive macro parameters. Domestic-facing sectors, especially capital goods and railways, are expected to outperform in terms of earnings growth. Rising US yields and geopolitical uncertainties are headwinds facing equity markets in the short term. The recent market correction is seen as healthy, and India is considered a long-term buy-on-dip market.
ETMarkets Smart Talk: We do notice “pockets of irrational exuberance” in mid and small-cap space: Trideep Bhattacharya
"While the broader markets are still attractive for investment, there are "pockets of irrational exuberance" in the mid and smallcap space. He recommends having a balanced multi-cap portfolio across large, mid, and small-cap stocks to navigate the current market conditions. Bhattacharya expects global macro conditions to remain weak in the next 6-12 months but improve thereafter. He suggests investing in sectors with relative earnings resilience, such as manufacturing, lending financials, real estate, electronic manufacturing services, and defense indigenization."
If I buy a third property in my wife’s name, but take loan in my name, can I claim interest paid on the loan in ITR?
Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away.
Want loan against equity mutual funds: 6 dos and don’ts investors must take note of
Borrowing against units should generally be used for meeting short-term fund requirements only and not for creating long-term leverage in the portfolio, says Chief Executive Officer at Trust Mutual Funds
Ideal time to buy stocks which have not yet participated in market: Krishna Sanghavi
Mahindra Manulife MF's Krishna Sanghavi believes that the current market offers a good opportunity to invest in undervalued companies that have not yet participated in the market. He sees a healthy growth in Indian corporates and earnings, despite business mix shifts. The market trend towards trading has shifted the focus towards derivatives and has led to a drop in long-term-based cash participation. He is constructive on the market for a 12-month view, given valuations and growth potential.
Merger with HDFC: A mixed bag for HDFC Bank from RBI on forbearance requests
As a bulk of HDFC customers are under the prime lending rate set by the home financier, HDFC Bank will conduct an "one time mapping" of all borrowers of HDFC for benchmark and spreads
Goldman Sachs offloads stake in PNB Housing Finance via bulk deal; Nippon India MF buys
Nippon India MF has increased its stake by 0.29% in PNB Housing Finance as Goldman Sachs Mauritius Fund offloaded the same. The shares were transacted at a price of Rs133. Punjab National Bank owns the registered PNB Housing Finance Company, which offers retail loans and corporate loans. Foreign portfolio investors own a 24.2% stake in the company, while domestic fund houses own only 1.85% of the company. PNB Housing Finance has not released its Q4 results yet; however, according to Trendlyne data, the company has an average target price of Rs 555, which is an upside of 30.11% from the current levels.
Geojit launches digital loan against mutual fund holdings
A loan against mutual fund or LAMF allows investors to raise instant funds at attractive interest rates for their short-term liquidity requirements by keeping their mutual fund investments as collateral.
Should you redeem or take a loan against mutual funds to meet short-term goals?
Since, long-term investment tenure is considered five years and above, early redemption below this period of investments goes against the grain of thought to generate sizable wealth.
'Front-running probe at Axis MF unearths links to Dubai entities'
The probe by Axis Mutual Fund found that Joshi would tell the broker about the shares Axis was about to buy in bulk. After the broker bought the stock, the fund house would buy the stock from the broker at a higher price. As part of the arrangement, Joshi received kickbacks from brokers.
Dinanath Dubhashi on MF arm sale, rapid retailisation and more
"We had promised 80% retailisation by FY26 and you would see that the retail portfolio is growing fast. Profitability with the asset quality remains very good. So this quarter itself we have shown a 10% quarter on quarter growth in retail. The retail numbers are trending extremely well;, the retail ROA has reached 2.6% and so clearly that portion is growing very well."
Loans against mutual funds: Eligibility, process, costs
Individual investors, NRIs, firms, HUFs, trusts, companies and any entities can avail loan against mutual fund investments. Minors are not eligible. Quantum of loan, tenure and interest rate are determined by the bank/financing institution on the basis of various factors as well as the credit score of the applicant.
Invest in equities with confidence, through cycles to realise its full potential: Anoop Bhaskar of IDFC MF
“Returns from April 2020 are clearly unsustainable and should not be used as a referral point for future. Given the liquidity equity and especially equity mutual funds offer should also be an integral part while allocating for the future,” says Anoop Bhaskar.
Sebi fines Kotak AMC, its MD Nilesh Shah and 5 other officials for violation of rules
The regulator has alleged irregularities in certain fixed maturity plans (FMPs) of Kotak AMC. The investment objectives of these schemes were to generate returns through investments in debt and money market instruments with a view to reducing interest rate risks.
Muthoot or Manapurram: Which gold loan company has the silver lining in today's crisis?
When there is a war, the stock market becomes extremely volatile. Investors withdraw funds from the market and place them in more stable asset classes. Manappuram Finance and Muthoot Finance are two listed companies whose primary business is lending against gold. Has the crisis helped them?
Amid struggle for carry, FMP, state bond-oriented portfolios are sensible picks, says SBI MF’s CIO
“In terms of the market dynamics, carry has become substantially lower because of the excess liquidity...From a portfolio construction perspective, it is a lot of a challenge compared to what it was earlier when interest rates were falling and a lot of capital gains were being realised in bond portfolios,” he said.
How to avail Tata Capital's digital loan against mutual fund investments?
Tata Capital's digital loan offering is provided against equity and debt mutual fund schemes across fund houses. Customers can avail the loan amount by marking a lien on the mutual fund units which are managed by various asset management companies, stated a Tata Capital press release.
How to take a loan against your MF investments
A loan against mutual fund units is in the form of an overdraft facility and interest is charged only on the amount availed as credit.
Cement good proxy to play impending upcycle in economy: Edelweiss MF CIO
His positive stance is reflected through his holdings in stocks like JK Cement, Dalmia Bharat, Brigade Enterprises, NCC, Ashoka Buildcon in his midcap and smallcap schemes.
Why loading up on platform stocks & reducing HDFC Bank makes sense now
One can do a bottom-up stock picking but one can’t say what the market is going to be like six months from now, says Rajeev Thakkar.
How to take loan digitally against mutual fund units
Now, loans can be processed online with mutual funds as security. This requires no physical paperwork and can be availed within minutes.
Now HDFC Bank customers can also avail loan against their mutual fund units
The process of availing loan against MF units involves pledging of units, opening of a current account and withdrawals out of it in the form of loan.
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