LAS — Loan Against Securities in Vadodara
Unlock liquidity from your mutual funds and shares — without selling them.
What is Loan Against Mutual Funds?
Loan Against Mutual Funds (LAMF) lets you borrow money by using your mutual fund units as collateral. With Mirae Asset Financial Services, you can digitally lien mark your mutual funds and access immediate financial support.
You can take out money whenever you need it and pay it back when it suits you. You pay interest only on the amount you use and for the duration you use it.
You can choose from a wide variety of approved mutual funds from leading asset management companies (AMCs) across India. By lien marking your mutual funds as collateral with CAMS or KFintech (formerly KARVY), you can get a loan. This loan can help you manage your short or medium-term financial needs.
Why Advisors Recommend LAS Instead of Redemption
| Loan Against Securities (MFs & Shares) | Redeeming Mutual Funds / Shares |
|---|---|
| Funds available in ~15 minutes for Mutual Funds; same day for Shares | Funds received in 1–2 working days |
| 100% digital, paperless process | Settlement & processing time involved |
| Interest payable; no capital gains tax | Capital gains tax & exit load applicable |
| Investments remain intact | Investments are sold |
| Compounding continues | Compounding stops |
| Pay interest only on amount used | Entire investment value is exited |
| Interest-only EMIs; repay principal during loan tenure | Re-entry depends on market conditions |
| Long-term goals stay on track | Long-term goals may be disrupted |
Indicative comparison. Actual terms depend on lender, scheme eligibility, and prevailing market conditions.
Eligibility
| Applicant Age | 18–75 years |
|---|---|
| Employment | Salaried, Self-employed, HUF, NRI |
| Eligible Securities | Approved Mutual Funds (Equity & Debt) and listed Shares |
| Minimum Loan Amount | ₹25,000 |
| Maximum Loan Amount | Up to ₹5 Crore (subject to portfolio value) |
| KYC | PAN, Aadhaar, and active Demat / Folio required |
Indicative Rates & Charges
| Facility | Loan-to-Value | Interest / Fee |
|---|---|---|
| Loan Against Equity Mutual Funds | Up to 50% of NAV | 10.50% – 11.50% p.a. |
| Loan Against Debt Mutual Funds | Up to 75% of NAV | 9.50% – 10.50% p.a. |
| Loan Against Listed Shares | Up to 50% of market value | 10.50% – 12.00% p.a. |
| Processing Fee | — | 0.50% – 1.00% of sanctioned limit |
| Tenure | — | 12 months (renewable) |
| Prepayment Charges | — | Nil |
Rates, LTV and charges are indicative and vary by lender, scheme, and borrower profile. Final terms are governed by the lender's sanction letter.
Interest & EMI Calculator
Estimate your monthly interest outgo (interest-only mode) or full EMI (principal + interest) in seconds.
Your Loan
Monthly Interest (Interest-only)
₹4,375
Estimates only. Actual EMI depends on lender, scheme, LTV, and prevailing rates.