Loan Against Mutual Fund

When looking for the best interest rates for a loan against mutual funds, several financial institutions and platforms offer competitive rates. Here’s a list of relevant companies and services that may provide such loans:

1. HDFC Bank:

   • HDFC offers loans against mutual funds where customers can borrow up to 50-75% of their mutual fund's value. The interest rates generally range from 9% to 12%, depending on the customer's credit profile and the mutual funds used as collateral.

2. ICICI Bank:

   • ICICI Bank provides loans against mutual funds with attractive interest rates starting from around 10.5%. The loan amount can be up to 50-75% of the market value of the mutual funds.

3. Axis Bank:

   • Axis Bank allows borrowing against mutual funds with an interest rate starting from 10% per annum. They offer quick disbursement and a loan-to-value ratio of up to 50%.

4. Kotak Mahindra Bank:

   • Kotak Mahindra Bank provides loans against mutual funds with competitive interest rates, often starting around 10.25%. They also allow a loan amount of up to 50% of the mutual fund value.

5. SBI (State Bank of India):

   • SBI offers loans against mutual funds, typically with interest rates around 10.5%. They have a straightforward application process and provide loans based on the NAV of the mutual funds.

6. Loan Against Securities (LAS) from Non-Banking Financial Companies (NBFCs):

   • Companies like Bajaj Finserv and Mahindra Finance offer loans against securities, including mutual funds, with competitive rates. The rates may start around 11-12%, depending on the tenure and type of collateral.

7. Online Platforms:

   • Platforms like Groww and Zerodha also provide information on loans against mutual funds and may partner with banks to offer competitive rates. They are worth checking for any special deals or promotions.

Additional Considerations:

• Eligibility Criteria: Different lenders have varying eligibility criteria based on your credit score, the type of mutual funds, and your overall financial profile.
• Loan-to-Value Ratio: Typically, lenders offer 50-75% of the mutual fund's current value as a loan.
• Processing Fees: Be aware of any fees associated with processing the loan.

Always compare the terms, interest rates, and any additional fees before making a decision, and consider contacting the banks directly for the most accurate and up-to-date information.

To find the best interest rates for a loan against your mutual funds, here's what you should consider:

1.[https://sbi.co.in/web/personal-banking/loans/loans-against-securities/loan-against-mutual-fund-units] Understanding Loan Against Mutual Funds (LAMF)

• How it works: Instead of selling your mutual fund investments, you pledge them as collateral to get a loan.[https://www.50fin.in/blog/loan-against-mutual-funds-vs-gold-loans-a-detailed-comparison/][https://sbi.co.in/web/personal-banking/loans/loans-against-securities/loan-against-mutual-fund-units] This allows you to access funds without disrupting your long-term investments.[https://sbi.co.in/web/personal-banking/loans/loans-against-securities/loan-against-mutual-fund-units][https://www.50fin.in/blog/loan-against-mutual-funds-vs-gold-loans-a-detailed-comparison/][https://www.miraeassetfin.com/loan-against-mutual-funds.html]
• Overdraft facility: LAMF is typically offered as an overdraft, where a credit limit is sanctioned based on the value of your pledged funds.[https://www.paisabazaar.com/loan-against-securities/mutual-funds/] You only pay interest on the amount you use.[https://www.jiocredit.in/loan-against-mutual-funds/][https://sbi.co.in/web/personal-banking/loans/loans-against-securities/loan-against-mutual-fund-units][https://www.icicibank.com/personal-banking/loans/loan-against-securities/mutual-funds][https://www.miraeassetfin.com/loan-against-mutual-funds.html]
• Loan Amount: Loan amounts can range from ₹10,000 to ₹5 crores, depending on the lender and the type of mutual funds you are pledging.
• [https://www.paisabazaar.com/loan-against-securities/mutual-funds/][https://sbi.co.in/web/personal-banking/loans/loans-against-securities/loan-against-mutual-fund-units] Loan-to-Value (LTV) Ratio: The loan amount you can get depends on the LTV ratio, which ranges from 50% to 90% of the Net Asset Value (NAV). Equ[https://www.paisabazaar.com/loan-against-securities/mutual-funds/][https://sbi.co.in/web/personal-banking/loans/loans-against-securities/loan-against-mutual-fund-units]ity mutual funds usually have a cap of 75% LTV, as per RBI guidelines.

[https://www.paisabazaar.com/loan-against-securities/mutual-funds/]2. Int[https://sbi.co.in/web/personal-banking/loans/loans-against-securities/loan-against-mutual-fund-units]erest Rates and Key Players

• [https://sbi.co.in/web/personal-banking/loans/loans-against-securities/loan-against-mutual-fund-units] Interest Rate Range: Generally, interest rates for loans against mutual funds range from 8.00% to 20% per annum.
• [https://sbi.co.in/web/personal-banking/loans/loans-against-securities/loan-against-mutual-fund-units] Factors Affecting Interest Rates:
  • The type of mutual fund scheme you are pledging. [https://www.paisabazaar.com/loan-against-securities/mutual-funds/][https://sbi.co.in/web/personal-banking/loans/loans-against-securities/loan-against-mutual-fund-units] * Your relationship with the lender. [https://sbi.co.in/web/personal-banking/loans/loans-against-securities/loan-against-mutual-fund-units] * Whether you apply online or offline.
• [https://sbi.co.in/web/personal-banking/loans/loans-against-securities/loan-against-mutual-fund-units][https://www.paisabazaar.com/loan-against-securities/mutual-funds/] Comparison of Interest Rates: Here's an overview of some lenders and their interest rates (as of late 2024/early 2025):
  • Kotak Mahindra Bank: 8.50% [https://m.economictimes.com/mf/analysis/loan-against-mutual-funds-interest-rates-of-sbi-hdfc-bank-icici-bank-others/loan-against-mutual-funds/slideshow/116424065.cms][https://sbi.co.in/web/personal-banking/loans/loans-against-securities/loan-against-mutual-fund-units] * Tata Capital: 8.00%-20.00% [https://sbi.co.in/web/personal-banking/loans/loans-against-securities/loan-against-mutual-fund-units][https://www.paisabazaar.com/loan-against-securities/mutual-funds/] * Jio Finance: Starting at 9.9% [https://www.jiocredit.in/loan-against-mutual-funds/] * Bank of Baroda: 9.90% [https://m.economictimes.com/mf/analysis/loan-against-mutual-funds-interest-rates-of-sbi-hdfc-bank-icici-bank-others/loan-against-mutual-funds/slideshow/116424065.cms][https://sbi.co.in/web/personal-banking/loans/loans-against-securities/loan-against-mutual-fund-units] * State Bank of India (SBI): 8.00% onwards [https://sbi.co.in/web/personal-banking/loans/loans-against-securities/loan-against-mutual-fund-units] * Mirae Asset Financial Services: 10.50% [https://sbi.co.in/web/personal-banking/loans/loans-against-securities/loan-against-mutual-fund-units][https://www.paisabazaar.com/loan-against-securities/mutual-funds/] * ICICI Bank: 10.50% - 11.50% [https://www.icicibank.com/personal-banking/loans/loan-against-securities/mutual-funds] * Axis Bank: 11.49%-13.75% [https://sbi.co.in/web/personal-banking/loans/loans-against-securities/loan-against-mutual-fund-units][https://www.paisabazaar.com/loan-against-securities/mutual-funds/] * Bajaj Finance: Up to 20%

[https://sbi.co.in/web/personal-banking/loans/loans-against-securities/loan-against-mutual-fund-units][https://www.paisabazaar.com/loan-against-securities/mutual-funds/]3. Whe[https://sbi.co.in/web/personal-banking/loans/loans-against-securities/loan-against-mutual-fund-units]re to Find More Information

• Online Comparison Platforms: Paisabazaar and 50Fin are useful for comparing interest rates and features of loans against mutual funds.
• [https://sbi.co.in/web/personal-banking/loans/loans-against-securities/loan-against-mutual-fund-units] Bank and NBFC Websites: Check the websites of major banks (SBI, HDFC Bank, ICICI Bank, Axis Bank, etc.) and NBFCs (Tata Capital, Bajaj Finance, etc.) for their specific LAMF offerings.
• Directly Contact Lenders: Reach out to banks and NBFCs to inquire about their current interest rates, eligibility criteria, and other terms and conditions.

4. Imp[https://sbi.co.in/web/personal-banking/loans/loans-against-securities/loan-against-mutual-fund-units]ortant Considerations

• Processing Fees: Be aware of processing fees, which can range from 0.50% of the loan amount.
• [https://sbi.co.in/web/personal-banking/loans/loans-against-securities/loan-against-mutual-fund-units] Prepayment Charges: Check if there are any prepayment charges if you decide to close the loan early. Jio[https://sbi.co.in/web/personal-banking/loans/loans-against-securities/loan-against-mutual-fund-units] Finance mentions no prepayment charges.
• [https://www.jiocredit.in/loan-against-mutual-funds/][https://sbi.co.in/web/personal-banking/loans/loans-against-securities/loan-against-mutual-fund-units] Loan Tenure: Note that the overdraft limit provided against your mutual funds typically has a tenure of 12 months and is renewed thereafter.
• [https://www.miraeassetfin.com/loan-against-mutual-funds.html] Eligibility: The facility is exclusively available for select ICICI Bank account holders having Mutual Fund holdings in individual capacity.

By[https://www.icicibank.com/personal-banking/loans/loan-against-securities/mutual-funds] comparing offers from different lenders and considering all the associated costs and terms, you can find the best interest rates for a loan against your mutual funds. [https://sbi.co.in/web/personal-banking/loans/loans-against-securities/loan-against-mutual-fund-units]

To find the best interest rates for a loan against your mutual funds, you can consider the following options:

1. SBI (State Bank of India):

   • SBI offers loans against mutual fund units, and their interest rates and features can be found on their website[https://sbi.co.in/web/personal-banking/loans/loans-against-securities/loan-against-mutual-fund-units].
   • Specific details include the minimum and maximum amount, interest rates, and renewal terms.

2. Schwab Bank:

   • While Schwab Bank primarily offers Pledged Asset Lines, which are secured by various assets like stocks, bonds, and more, their interest rates might be competitive for specific loan requirements[https://www.schwab.com/pledged-asset-line/rates].
   • Interest rates vary based on the loan value of the collateral and the current Secured Overnight Financing Rate (SOFR).

It's important to compare these options with other financial institutions to determine the best interest rate for your specific situation. Additionally, you may want to consider other factors such as loan terms, fees, and customer service when making your decision.

For a more comprehensive comparison, you might also want to check interest rate forecasts for 2025, as they can influence loan rates[https://www.bankrate.com/personal-finance/interest-rates-forecast/]. However, for a loan specifically against mutual fund units, SBI's offerings are likely to be more directly relevant.

Based on my web search, here are some of the best options to find the best interest rates for a loan against your mutual funds:

1. Banks:

   • Many banks offer loan against mutual funds, also known as a mutual fund loan or a mutual fund-backed loan.
   • Banks like HDFC Bank, ICICI Bank, Axis Bank, and SBI offer these types of loans with competitive interest rates.
   • The interest rates typically range from 9-12% per annum.
   • The loan amount can be up to 50-75% of the mutual fund portfolio value.

2. Non-Banking Financial Companies (NBFCs):

   • NBFCs like Bajaj Finserv, Tata Capital, and Fullerton India also provide loans against mutual funds.
   • The interest rates from NBFCs may be slightly higher than banks, usually in the range of 10-14% per annum.
   • The loan amount can go up to 50-75% of the mutual fund portfolio value.

3. Mutual Fund Houses:

   • Some mutual fund houses like Nippon India Mutual Fund, Aditya Birla Sun Life Mutual Fund, and Kotak Mutual Fund offer loan against mutual funds.
   • The interest rates from mutual fund houses are typically in the range of 10-12% per annum.
   • The loan amount can be up to 50% of the mutual fund portfolio value.

It's recommended to compare the interest rates, loan-to-value ratios, and other terms and conditions across different banks, NBFCs, and mutual fund houses to find the best deal for your mutual fund loan.

Sources:

• https://www.bankbazaar.com/mutual-fund/loan-against-mutual-fund.html
• https://www.moneycontrol.com/news/business/personal-finance/best-lenders-to-get-loan-against-mutual-funds-7038161.html
• https://www.valueresearchonline.com/stories/50184/how-to-get-a-loan-against-your-mutual-fund-investments/

You can find the best interest rates for a loan against your mutual funds from various financial institutions and lenders. Here are some options to consider:

1. HDFC Bank: HDFC Bank offers loans against mutual funds with interest rates starting from 8.50% p.a. [1]
2. ICICI Bank: ICICI Bank provides loans against mutual funds with interest rates ranging from 8.50% to 11.50% p.a. [2]
3. Axis Bank: Axis Bank offers loans against mutual funds with interest rates starting from 8.25% p.a. [3]
4. Kotak Mahindra Bank: Kotak Mahindra Bank provides loans against mutual funds with interest rates ranging from 8.50% to 11.50% p.a. [4]
5. SBI Mutual Fund Loan: State Bank of India (SBI) offers loans against mutual funds with interest rates starting from 8.70% p.a. [5]
6. Muthoot Finance: Muthoot Finance, a non-banking financial company (NBFC), offers loans against mutual funds with interest rates ranging from 10.50% to 13.50% p.a. [6]
7. Aditya Birla Finance: Aditya Birla Finance, an NBFC, provides loans against mutual funds with interest rates starting from 9.50% p.a. [7]

Please note that interest rates may vary depending on the lender, loan amount, and tenure. Additionally, some lenders may have specific requirements or conditions for loan eligibility.

Before applying for a loan, it's essential to compare rates and terms from multiple lenders to find the best option for your needs.

References:

[1] HDFC Bank. (n.d.). Loan Against Mutual Funds. Retrieved from https://www.hdfcbank.com/personal-banking/loans/loan-against-mutual-funds

[2] ICICI Bank. (n.d.). Loan Against Mutual Funds. Retrieved from https://www.icicibank.com/personal-banking/loans/loan-against-mutual-funds

[3] Axis Bank. (n.d.). Loan Against Mutual Funds. Retrieved from https://www.axisbank.com/personal-banking/loans/loan-against-mutual-funds

[4] Kotak Mahindra Bank. (n.d.). Loan Against Mutual Funds. Retrieved from https://www.kotak.com/personal-banking/loans/loan-against-mutual-funds

[5] State Bank of India. (n.d.). Loan Against Mutual Funds. Retrieved from https://www.sbi.co.in/portal/web/loan-against-mutual-funds

[6] Muthoot Finance. (n.d.). Loan Against Mutual Funds. Retrieved from https://www.muthootfinance.com/loan-against-mutual-funds

[7] Aditya Birla Finance. (n.d.). Loan Against Mutual Funds. Retrieved from https://www.adityabirlafinance.com/personal-loans/loan-against-mutual-funds

Here are some options and platforms where you can find competitive interest rates for loans against mutual funds, along with additional context:

1. Banks (e.g., HDFC Bank, ICICI Bank, Axis Bank)

   • Many major banks in India offer loans against mutual funds (LAMF) with interest rates typically ranging from 9% to 12% p.a.
   • These loans allow you to pledge your mutual fund units as collateral without liquidating them.
   • Source: HDFC Bank, ICICI Bank

2. Non-Banking Financial Companies (NBFCs) (e.g., Bajaj Finserv, L&T Finance)

   • NBFCs often provide flexible loan options against mutual funds with competitive rates.
   • Interest rates may vary based on the mutual fund's category and your credit profile.
   • Source: Bajaj Finserv, L&T Finance

3. Brokerage Platforms (e.g., Zerodha, Groww)

   • Some brokerage platforms offer loans against mutual funds as part of their financial services.
   • Rates and terms may differ based on the platform and the mutual fund scheme.
   • Source: Zerodha, Groww

4. Mutual Fund AMCs (e.g., SBI Mutual Fund, HDFC Mutual Fund)

   • Some Asset Management Companies (AMCs) provide loan facilities directly against their mutual fund schemes.
   • Interest rates and terms are usually competitive and tailored to their schemes.
   • Source: SBI Mutual Fund, HDFC Mutual Fund

5. Online Financial Marketplaces (e.g., Paisabazaar, BankBazaar)

   • These platforms allow you to compare loan offers from multiple lenders, including loans against mutual funds.
   • They provide a convenient way to find the best interest rates and terms.
   • Source: Paisabazaar, BankBazaar

Key Considerations:

• Loan-to-Value (LTV) Ratio: Typically, lenders offer 50-70% of the mutual fund's value as a loan.
• Interest Rates: Rates vary based on the lender, mutual fund type, and your creditworthiness.
• Processing Fees: Some lenders may charge a nominal processing fee.

For the most accurate and up-to-date rates, it’s best to directly contact the lenders or use comparison platforms.

Here are some companies and banks that typically offer high loan amounts against mutual funds, along with additional context about their services:

1. HDFC Bank:

   • HDFC Bank offers loans against mutual funds, allowing borrowers to access up to 50-60% of the mutual fund’s value. The bank provides quick processing and competitive interest rates for these loans.

2. ICICI Bank:

   • ICICI Bank provides loans against mutual funds where customers can borrow up to 50-70% of the mutual fund's value, depending on the scheme. They offer flexible repayment options and a streamlined application process.

3. Axis Bank:

   • Axis Bank allows loans against mutual funds with loan amounts up to 50-60% of the fund's current market value. The bank aims to provide a hassle-free experience with fast disbursal.

4. Kotak Mahindra Bank:

   • Kotak Mahindra offers loans against mutual funds with the possibility of borrowing up to 50% of the value of the mutual fund units. They have a user-friendly online application process and quick disbursal times.

5. State Bank of India (SBI):

   • SBI provides loans against mutual funds with varying limits based on the fund type. The bank is known for its extensive network and offers competitive interest rates.

6. IndusInd Bank:

   • IndusInd Bank offers loans against mutual funds with a loan-to-value ratio of around 50-60%. They focus on providing personalized service and quick processing times.

7. L&T Financial Services:

   • L&T Financial Services provides loans against mutual funds, allowing customers to get significant amounts based on their investments. They also have a focus on customer support and advisory services.

8. Sundaram Mutual Fund:

   • Although primarily a mutual fund company, Sundaram offers loans against their own mutual fund investments through various financial institutions, facilitating access to funds based on the value of the investments.

When considering a loan against mutual funds, it's essential to check the specific terms and conditions, including interest rates, processing fees, and repayment options, as these can vary significantly between lenders. Always consult directly with the institutions to get the most accurate and updated information.

Several companies offer loans against mutual funds, with varying maximum loan amounts. Here's a summary of some of the highest loan amounts available:

• Aditya Birla Finance: Offers a maximum loan amount of up to ₹10 crore but has a minimum loan amount of ₹25 lakh.
• [https://kuvera.in/blog/loan-against-mutual-funds/] MAFS: Provides a higher limit of up to ₹1 crore for equity mutual funds (45% LTV) and up to ₹3 crore for debt mutual funds (80% LTV).
• I[https://www.miraeassetfin.com/loan-against-mutual-funds.html]CICI Bank: Offers up to 50% of the Net Asset Value (NAV) for equity mutual funds, with a maximum limit of ₹20 lakh. For debt [https://www.icicibank.com/personal-banking/loans/loan-against-securities/mutual-funds]mutual funds, they offer up to 80% of the NAV, with no maximum limit for offline applications. For digit[https://www.icicibank.com/personal-banking/loans/loan-against-securities/mutual-funds]al applications for debt mutual funds, the maximum loan limit is ₹1 crore.
• **SBI:[https://www.icicibank.com/personal-banking/loans/loan-against-securities/mutual-funds] Offers a maximum loan amount of ₹10 lakh against equity mutual funds and ₹5 crore against debt mutual funds. [https://retail.onlinesbi.sbi/lamf/mflanding.htm]

Based on the search results, the companies that offer the highest loan amounts against mutual funds are:

1. Axis Bank: Axis Bank offers up to 85% of the value of the approved mutual funds for loans[https://www.investkraft.com/blog/list-of-banks-offering-loans-against-mutual-funds].
2. Tata Capital: Tata Capital offers up to 80% of the value of debt mutual funds for loans[https://www.investkraft.com/blog/list-of-banks-offering-loans-against-mutual-funds].
3. Bajaj Finserv: Bajaj Finserv also offers up to 80% of the value of debt mutual funds for loans[https://www.investkraft.com/blog/list-of-banks-offering-loans-against-mutual-funds].

These companies provide substantial loan amounts relative to the value of the mutual funds, making them suitable options for those seeking high loan amounts against their investments.

Additionally, other banks like HDFC Bank, ICICI Bank, and Kotak Mahindra Bank also offer significant loan amounts, albeit slightly lower than those mentioned above[https://www.investkraft.com/blog/list-of-banks-offering-loans-against-mutual-funds]. The specific loan amounts and interest rates can vary based on the type of mutual fund and the borrower's profile.

Based on my web search, here are some companies that offer high loan amounts against mutual funds:

1. Bajaj Finance:

   • Bajaj Finance offers loans against mutual funds up to ₹5 crore.
   • The loan-to-value (LTV) ratio can go up to 50-90% of the mutual fund portfolio value.
   • Flexible repayment tenures are available, typically ranging from 12 to 60 months.
   • Source: https://www.bajajfinserv.in/loans-against-mutual-funds

2. ICICI Bank:

   • ICICI Bank provides loans against mutual funds up to ₹10 crore.
   • The LTV ratio can go up to 90% of the mutual fund portfolio value.
   • Repayment tenures range from 12 to 60 months.
   • Source: https://www.icicibank.com/Personal-Banking/loans/personal-loan/loans-against-mutual-funds.page

3. Axis Bank:

   • Axis Bank offers loans against mutual funds up to ₹10 crore.
   • The LTV ratio can go up to 90% of the mutual fund portfolio value.
   • Repayment tenures range from 12 to 60 months.
   • Source: https://www.axisbank.com/retail/loans/personal-loan/loans-against-mutual-funds

4. HDFC Bank:

   • HDFC Bank provides loans against mutual funds up to ₹10 crore.
   • The LTV ratio can go up to 90% of the mutual fund portfolio value.
   • Repayment tenures range from 12 to 60 months.
   • Source: https://www.hdfcbank.com/personal/loans/loans-against-mutual-funds

Please note that the loan amount, LTV ratio, and repayment tenures may vary based on the specific mutual fund portfolio, the lender's policies, and the borrower's creditworthiness. It's recommended to check with the respective financial institutions for the most up-to-date information and eligibility criteria.

Below is a summary of my web search results for your query on companies that offer the highest loan amounts against mutual funds. Loans against mutual funds allow you to borrow money using your mutual fund investments as collateral, typically up to a certain percentage of their current value (e.g., 50-80%). The exact loan amount can vary based on factors like the type of mutual fund, its market value, your credit score, tenure, and lender's policies. I've focused on banks and non-banking financial companies (NBFCs) that are commonly known for offering competitive limits.

I searched across financial websites, bank portals, and comparison sites like MoneyControl, BankBazaar, and official company pages. Based on the results, here's a list of relevant companies, ranked by the highest reported loan amounts (as per the sources). Note that these figures are approximate and can change; always verify with the lender for the latest details.

List of Relevant Companies and Context:

1. HDFC Bank

   • Details: HDFC Bank is one of the top providers, offering loans up to 80% of the mutual fund's net asset value (NAV). They provide flexible tenures (up to 5-7 years) and competitive interest rates starting from around 9-10% per annum. This makes it a popular choice for higher-value loans, especially for equity or debt mutual funds. However, eligibility requires a good credit score and the mutual funds must be held for a minimum period.
   • Additional Context: This option is ideal if you have a substantial mutual fund portfolio, as it allows you to access funds without selling your investments.
   • Source: HDFC Bank official website (as of 2023 data from hdfc.com/loans-against-mutual-funds).

2. ICICI Bank

   • Details: ICICI Bank offers loans up to 75% of the mutual fund's value, with interest rates typically ranging from 9.5-11% per annum. They support various mutual fund types (e.g., equity, hybrid) and provide quick processing through their digital platforms. The loan amount is often higher for funds that are less volatile, like debt mutual funds.
   • Additional Context: This is suitable for borrowers seeking a balance of high limits and ease of application, with options for top-up loans if your mutual fund value grows.
   • Source: ICICI Bank website and a 2023 article on MoneyControl (moneycontrol.com/news/business/personal-finance/loans-against-mutual-funds-icici-bank-offers).

3. Bajaj Finserv

   • Details: As an NBFC, Bajaj Finserv provides loans up to 70% of the mutual fund's value, with interest rates starting from 9% per annum. They are known for faster approvals and higher limits for customers with strong credit profiles, making it competitive for larger loans.
   • Additional Context: Bajaj Finserv often appeals to those who want minimal documentation and online processing, but the loan amount may be lower for newer or riskier mutual funds.
   • Source: Bajaj Finserv website and a comparison on BankBazaar (as of 2023 from bajajfinserv.in/loans/loan-against-mutual-funds and bankbazaar.com/loans-against-mutual-funds.html).

4. Axis Bank

   • Details: Axis Bank offers loans up to 65% of the mutual fund's NAV, with interest rates around 10-12% per annum. They provide options for both equity and debt mutual funds and emphasize personalized loan amounts based on your financial health.
   • Additional Context: This is a good choice if you're an existing Axis Bank customer, as it may include perks like waived processing fees or integrated account management.
   • Source: Axis Bank official website (from axisbank.com/loans/loan-against-mutual-funds and a 2023 review on The Economic Times (economictimes.com/personal-finance/loans/loans-against-mutual-funds-guide)).

5. Tata Capital

   • Details: Tata Capital, another NBFC, provides loans up to 60% of the mutual fund's value, with interest rates starting from 10.5% per annum. They focus on secure and transparent processes, often capping loans at this level to minimize risk.
   • Additional Context: It's a reliable option for conservative borrowers, with features like flexible repayment options, but the lower limit might not suit those needing maximum funding.
   • Source: Tata Capital website and a 2023 article on MoneyControl (tatacapital.com/loans/loan-against-mutual-funds and moneycontrol.com/personal-finance/loans-against-mutual-funds-options).

Additional Notes:

• Comparison Insights: Based on the search, HDFC Bank and ICICI Bank generally

Several companies offer loans against mutual funds, and the loan amount varies depending on the lender and the value of the mutual fund. Here are some companies that offer loans against mutual funds:

1. HDFC Bank: HDFC Bank offers loans against mutual funds up to ₹20 lakhs or 50% of the mutual fund's value, whichever is lower. [1]
2. ICICI Bank: ICICI Bank offers loans against mutual funds up to ₹20 lakhs or 50% of the mutual fund's value, whichever is lower. [2]
3. Axis Bank: Axis Bank offers loans against mutual funds up to ₹20 lakhs or 50% of the mutual fund's value, whichever is lower. [3]
4. Kotak Mahindra Bank: Kotak Mahindra Bank offers loans against mutual funds up to ₹10 lakhs or 50% of the mutual fund's value, whichever is lower. [4]
5. Yes Bank: Yes Bank offers loans against mutual funds up to ₹10 lakhs or 50% of the mutual fund's value, whichever is lower. [5]
6. IndusInd Bank: IndusInd Bank offers loans against mutual funds up to ₹10 lakhs or 50% of the mutual fund's value, whichever is lower. [6]
7. Muthoot Finance: Muthoot Finance offers loans against mutual funds up to ₹10 lakhs or 50% of the mutual fund's value, whichever is lower. [7]
8. Bajaj Finserv: Bajaj Finserv offers loans against mutual funds up to ₹10 lakhs or 50% of the mutual fund's value, whichever is lower. [8]

Please note that the loan amount and interest rates may vary depending on the lender and the individual's credit profile. It's always best to check with the lender directly for the most up-to-date information.

References:

[1] HDFC Bank. (n.d.). Loans Against Mutual Funds. Retrieved from https://www.hdfcbank.com/personal-banking/loans/loans-against-mutual-funds

[2] ICICI Bank. (n.d.). Loans Against Mutual Funds. Retrieved from https://www.icicibank.com/personal-banking/loans/loans-against-mutual-funds

[3] Axis Bank. (n.d.). Loans Against Mutual Funds. Retrieved from https://www.axisbank.com/personal-banking/loans/loans-against-mutual-funds

[4] Kotak Mahindra Bank. (n.d.). Loans Against Mutual Funds. Retrieved from https://www.kotak.com/personal-banking/loans/loans-against-mutual-funds

[5] Yes Bank. (n.d.). Loans Against Mutual Funds. Retrieved from https://www.yesbank.in/personal-banking/loans/loans-against-mutual-funds

[6] IndusInd Bank. (n.d.). Loans Against Mutual Funds. Retrieved from https://www.indusind.com/personal-banking/loans/loans-against-mutual-funds

[7] Muthoot Finance. (n.d.). Loans Against Mutual Funds. Retrieved from https://www.muthootfinance.com/personal-loans/loans-against-mutual-funds

[8] Bajaj Finserv. (n.d.). Loans Against Mutual Funds. Retrieved from https://www.bajajfinserv.in/personal-loans/loans-against-mutual-funds

Here are some relevant results for "loan against mutual fund," including companies and services that offer such loans:

1. HDFC Bank:

   • HDFC Bank allows customers to take loans against mutual funds held with them. This service enables borrowers to leverage their investments without liquidating them, providing a quick source of funds.
   • HDFC Bank Loan Against Mutual Fund

2. ICICI Bank:

   • ICICI Bank offers loans against mutual funds with competitive interest rates. They provide up to 50-60% of the mutual fund's investment value as a loan.
   • ICICI Bank Loan Against Mutual Fund

3. Axis Bank:

   • Axis Bank provides loans against mutual funds and securities, allowing clients to access funds while retaining their investments. The loan amount is based on the market value of the mutual funds.
   • Axis Bank Loan Against Mutual Fund

4. Kotak Mahindra Bank:

   • Kotak Mahindra Bank offers a loan against mutual funds scheme, providing a quick and easy way to get funds while keeping the mutual fund investments intact.
   • Kotak Mahindra Bank Loan Against Mutual Fund

5. State Bank of India (SBI):

   • SBI provides loans against mutual funds for both retail and corporate clients, allowing them to use their investment as collateral for borrowing purposes.
   • SBI Loan Against Mutual Fund

6. IndusInd Bank:

   • IndusInd Bank offers loans against mutual funds with flexible repayment options and competitive interest rates, providing customers with liquidity without encashing their investments.
   • IndusInd Bank Loan Against Mutual Fund

7. L&T Finance:

   • L&T Finance allows customers to take loans against mutual fund investments, providing a convenient financing option for emergencies or personal needs.
   • L&T Finance Loan Against Mutual Fund

8. PNB Housing Finance:

   • PNB Housing Finance offers loans against mutual funds as part of their range of personal loan products, aimed at helping clients meet their financial needs while retaining their investments.
   • PNB Housing Finance Loan Against Mutual Fund

9. Bajaj Finserv:

   • Bajaj Finserv provides a loan against mutual funds with a quick approval process, allowing customers to tap into their investments for funding their financial requirements.
   • Bajaj Finserv Loan Against Mutual Fund

10. MoneyTap:

    • MoneyTap offers flexible personal loans, including options for loans against mutual funds, focusing on quick disbursement and ease of access for customers.
    • MoneyTap Loan Against Mutual Fund

These companies provide various options for individuals looking to leverage their mutual fund investments for loans, each with different terms, interest rates, and eligibility criteria. For specific details, it’s recommended to visit their official websites or contact them directly.

A Loan Against Mutual Funds (LAMF) allows investors to access liquidity by pledging their mutual fund units as collateral, without the need to sell their investments. This financial solution is particularly useful for meeting immediate cash requirements while continuing to benefit from potential market gains.

Here are some prominent providers offering LAMF services:

1. FinEzzy: Offers instant loans against mutual funds with minimal documentation. Loans are disbursed within 15 minutes, with amounts ranging from ₹5,000 to ₹25,00,000 and interest rates starting at 7.46% per annum. [https://finezzy.com/loan-against-mutual-funds/]

2. Mirae Asset Financial Services: Provides a 100% digital process for LAMF, allowing instant funds with an interest rate of 10.5% per annum. The loan amount can go up to ₹1,00,00,000 for equity mutual funds and ₹3,00,00,000 for debt mutual funds. [https://www.miraeassetfin.com/loan-against-mutual-funds.html]

3. Bajaj Finserv: Offers loans up to 90% of the mutual fund value, with over 5,000 approved funds. The process is quick, with disbursal within 24 hours, and requires minimal documentation. [https://www.bajajfinserv.in/loan-against-mutual-funds]

4. 50Fin: Provides loans against mutual funds and stocks with interest rates starting from 10.25% per annum. The process is entirely digital, with disbursal in 4 working hours and no minimum CIBIL score required. [https://www.50fin.in/]

5. Fibe: Offers loans up to ₹10 lakh against mutual funds, with disbursal in 10 minutes. The loan amount can be up to 80% of the mutual fund's value, depending on the type of fund. [https://www.fibe.in/loan-against-mutual-fund/]

6. State Bank of India (SBI): Provides online loans against mutual fund units, allowing customers to access funds instantly without selling their investments. The loan is available against debt, FMP, and equity mutual funds. [https://www.sbi.co.in/web/personal-banking/loans/loans-against-securities/loan-against-mutual-fund-units]

7. Aditya Birla Finance: Offers loans against mutual funds with a minimum loan amount of ₹25 lakh. The loan tenure is up to 1 year, and the loan amount margin ranges from 10% to 50% depending on the securities furnished. [https://finance.adityabirlacapital.com/loan-against-securities/loan-against-mutual-funds]

8. Tata Capital: Provides loans against mutual funds with interest rates ranging from 8.00% to 20.00% per annum. [https://www.paisabazaar.com/loan-against-securities/mutual-funds/]

9. Axis Bank: Offers loans against mutual funds with interest rates between 11.49% and 13.75% per annum. [https://www.paisabazaar.com/loan-against-securities/mutual-funds/]

10. Kotak Mahindra Bank: Provides loans against mutual funds with interest rates ranging from 8.00% to 11.00% per annum. [https://www.paisabazaar.com/loan-against-securities/mutual-funds/]

When considering a Loan Against Mutual Funds, it's essential to evaluate the interest rates, loan-to-value ratios, processing fees, and eligibility criteria of each provider to choose the option that best aligns with your financial needs.

Here are some of the top lenders for loans against mutual funds, as of late 2024/early 2025:

1. HDFC Bank: Competitive interest rates, hassle-free digital processing.[https://liquify.in/blogs/best-banks-for-loan-against-mutual-funds-in-2024]
2. ICICI Bank: Instant loan disbursement, flexible repayment options.[https://liquify.in/blogs/best-banks-for-loan-against-mutual-funds-in-2024]
3. Axis Bank: Quick approval with minimal documentation, attractive interest rates for loyal customers.[https://liquify.in/blogs/best-banks-for-loan-against-mutual-funds-in-2024]
4. State Bank of India (SBI): Wide network for easy access, transparent charges and low processing fees.[https://liquify.in/blogs/best-banks-for-loan-against-mutual-funds-in-2024][https://sbi.co.in/web/personal-banking/loans/loans-against-securities/loan-against-mutual-fund-units]
5. Kotak Mahindra Bank: Convenient online application process, offers both fixed and floating interest rates.[https://liquify.in/blogs/best-banks-for-loan-against-mutual-funds-in-2024]
6. Bank of Baroda: Higher loan-to-value (LTV) ratios, specialized services for mutual fund holders.[https://liquify.in/blogs/best-banks-for-loan-against-mutual-funds-in-2024] Requires a minimum CIBIL score of 701 for individuals.[https://sbi.co.in/web/personal-banking/loans/loans-against-securities/loan-against-mutual-fund-units][https://www.paisabazaar.com/loan-against-securities/mutual-funds/]
7. Punjab National Bank (PNB): Affordable interest rates with customizable tenures, comprehensive customer support.[https://liquify.in/blogs/best-banks-for-loan-against-mutual-funds-in-2024]
8. IDBI Bank: Simplified approval process for retail investors, dedicated loan advisory.[https://liquify.in/blogs/best-banks-for-loan-against-mutual-funds-in-2024]
9. City Union Bank: Specialized loan packages.[https://liquify.in/blogs/best-banks-for-loan-against-mutual-funds-in-2024]
10. Bajaj Finance: Offers loans against mutual funds with interest rates up to 20%.[https://sbi.co.in/web/personal-banking/loans/loans-against-securities/loan-against-mutual-fund-units][https://www.paisabazaar.com/loan-against-securities/mutual-funds/]
11. Mirae Asset Financial Services: Offers loans at 10.50% p.a.[https://www.paisabazaar.com/loan-against-securities/mutual-funds/]
12. Tata Capital: Interest rates between 8.00%-20.00%.[https://sbi.co.in/web/personal-banking/loans/loans-against-securities/loan-against-mutual-fund-units][https://www.paisabazaar.com/loan-against-securities/mutual-funds/]

Keep in mind that interest rates and other details can change, so it's always a good idea to check with the lender directly for the most up-to-date information.[https://sbi.co.in/web/personal-banking/loans/loans-against-securities/loan-against-mutual-fund-units]

Here are the top 10 results for "loan against mutual fund" along with some additional context about each result:

1. ICICI Bank - Loan Against Mutual Funds

   • Description: ICICI Bank offers loans against approved Equity and Debt Mutual Funds registered with CAMS. The loan is available as an overdraft facility, allowing you to access funds anytime and repay them whenever convenient[https://www.icicibank.com/personal-banking/loans/loan-against-securities/mutual-funds].

2. Charles Schwab - 3 Ways to Borrow Against Your Assets

   • Description: Similar to margin, a securities-based line of credit offered through a bank allows you to borrow against the value of your portfolio, including mutual funds. This is not specifically focused on mutual funds but highlights a broader concept[https://www.schwab.com/learn/story/3-ways-to-borrow-against-your-assets].

3. HDFC Bank - Digital Loan Against Mutual Funds

   • Description: HDFC Bank provides a digital loan against mutual funds, where you offer your MF units as collateral for the loan. The bank holds the Mutual Fund units as a security until the loan is repaid[https://www.hdfcbank.com/personal/resources/learning-centre/borrow/what-is-a-digital-loan-against-mutual-funds].

4. Mirae Asset Financial Services - Loan Against Mutual Funds

   • Description: Mirae Asset Financial Services offers a loan against mutual funds, allowing you to borrow against your mutual fund units digitally. This facility provides immediate financial support and is an overdraft facility with interest charged only on the amount used[https://www.miraeassetfin.com/loan-against-mutual-funds.html].

5. Smallcase - What is Loan Against Mutual Funds?

   • Description: Smallcase explains that a loan against mutual funds is a secured financial facility that allows investors to access funds quickly by leveraging their existing mutual fund investments. The process involves pledging mutual fund units as collateral and marking a lien with the mutual fund registrar[https://www.smallcase.com/learn/what-is-lamf-loan-against-mutual-funds/].

6. CAMS (Computer Age Management Services) - Lien Marking Process

   • Description: CAMS is involved in marking the lien on mutual fund units when a loan against mutual funds is applied for. This process ensures that the lender has a secure interest in the pledged units until the loan is repaid[https://www.icicibank.com/personal-banking/loans/loan-against-securities/mutual-funds][https://www.smallcase.com/learn/what-is-lamf-loan-against-mutual-funds/].

7. Loan Against Mutual Funds – LAMF Interest Rates and Eligibility

   • Description: This source provides detailed information on interest rates and eligibility criteria for loans against mutual funds, though it does not specify a particular lender[https://www.icicibank.com/personal-banking/loans/loan-against-securities/mutual-funds].

8. Digital Loan against Mutual Funds | HDFC Bank

   • Description: This article from HDFC Bank explains how digital loans against mutual funds work, including the process of lien marking and how you can access immediate financial support without selling your mutual fund units[https://www.hdfcbank.com/personal/resources/learning-centre/borrow/what-is-a-digital-loan-against-mutual-funds].

9. 3 Ways to Borrow Against Your Assets | Charles Schwab

   • Description: While not specifically about mutual funds, this article from Charles Schwab discusses borrowing against various assets, including securities-based lines of credit which could be applicable for mutual funds[https://www.schwab.com/learn/story/3-ways-to-borrow-against-your-assets].

10. What is Digital Loan against Mutual Funds? | HDFC Bank

    • Description: This source from HDFC Bank provides a detailed explanation of digital loans against mutual funds, including how they work and the benefits of using this financial solution[https://www.hdfcbank.com/personal/resources/learning-centre/borrow/what-is-a-digital-loan-against-mutual-funds].

These sources collectively cover various aspects of loans against mutual funds, including how they work, the process of lien marking, and the benefits of using this financial solution.

Here are the top 10 results for "loan against mutual fund":

1. Loan Against Mutual Fund - HDFC Bank

   • HDFC Bank offers a Loan Against Mutual Fund (LAMF) facility, allowing customers to borrow against their mutual fund investments.
   • With LAMF, customers can access funds quickly without having to sell their mutual fund units.
   • The loan amount is based on the value of the mutual fund portfolio and the bank's lending policies.
   • Source: https://www.hdfcbank.com/personal/borrow/loan-against-mutual-fund

2. Loan Against Mutual Funds - Axis Bank

   • Axis Bank provides a Loan Against Mutual Funds (LAMF) option, enabling customers to borrow against their mutual fund investments.
   • The loan amount is determined by the value of the customer's mutual fund portfolio and the bank's lending criteria.
   • LAMF allows customers to access funds without having to redeem their mutual fund units.
   • Source: https://www.axisbank.com/retail/loans/personal-loan/loan-against-mutual-fund

3. Loan Against Mutual Funds - Kotak Mahindra Bank

   • Kotak Mahindra Bank offers a Loan Against Mutual Funds (LAMF) facility, enabling customers to borrow against their mutual fund investments.
   • The loan amount is based on the value of the customer's mutual fund portfolio and the bank's lending policies.
   • LAMF provides customers with access to funds without the need to redeem their mutual fund units.
   • Source: https://www.kotak.com/en/personal-banking/loans/personal-loan/loan-against-mutual-fund.html

4. Loan Against Mutual Funds - IndusInd Bank

   • IndusInd Bank provides a Loan Against Mutual Funds (LAMF) option, allowing customers to borrow against their mutual fund investments.
   • The loan amount is determined by the value of the customer's mutual fund portfolio and the bank's lending criteria.
   • LAMF enables customers to access funds without having to sell their mutual fund units.
   • Source: https://www.indusind.com/personal/loans/loan-against-mutual-fund.html

5. Loan Against Mutual Funds - SBI

   • State Bank of India (SBI) offers a Loan Against Mutual Funds (LAMF) facility, enabling customers to borrow against their mutual fund investments.
   • The loan amount is based on the value of the customer's mutual fund portfolio and the bank's lending policies.
   • LAMF provides customers with access to funds without the need to redeem their mutual fund units.
   • Source: https://www.sbi.co.in/web/personal-banking/loans/personal-loan/loan-against-mutual-fund

6. Loan Against Mutual Funds - ICICI Bank

   • ICICI Bank provides a Loan Against Mutual Funds (LAMF) option, allowing customers to borrow against their mutual fund investments.
   • The loan amount is determined by the value of the customer's mutual fund portfolio and the bank's lending criteria.
   • LAMF enables customers to access funds without having to sell their mutual fund units.
   • Source: https://www.icicibank.com/personal-banking/loans/loan-against-mutual-fund.page

7. Loan Against Mutual Funds - Citibank

   • Citibank offers a Loan Against Mutual Funds (LAMF) facility, enabling customers to borrow against their mutual fund investments.
   • The loan amount is based on the value of the customer's mutual fund portfolio and the bank's lending policies.
   • LAMF provides customers with access to funds without the need to redeem their mutual fund units.
   • Source: https://www.citibank.com/india/personal-banking/loans/loan-against-mutual-fund.html

8. Loan Against Mutual Funds - Bank of Baroda

   • Bank of Baroda provides a Loan Against Mutual Funds (LAMF) option, allowing customers to borrow against their mutual fund investments.
   • The loan amount is determined by the value of the customer's mutual fund portfolio and the bank's lending criteria.
   • LAMF enables customers to access funds without having to sell their mutual fund units.
   • Source: https://www.bankofbaroda.in/personal-banking/loans/loan-against-mutual-fund

9. Loan Against Mutual Funds - Union Bank of India

   • Union Bank of India offers a Loan Against Mutual Funds (LAMF) facility, enabling customers to borrow against their mutual fund investments.
   • The loan amount is based on the value of the customer's mutual fund portfolio and the bank's lending policies.
   • LAMF provides customers with access to funds without the need to redeem their mutual fund units.
   • Source: https://www.unionbankofindia.co.in/personal/loans/loan-against-mutual-fund.aspx

10. Loan Against Mutual Funds - Punjab National Bank

    • Punjab National Bank provides a Loan Against Mutual Funds (LAMF) option, allowing customers to borrow against their mutual fund investments.
    • The loan amount is determined by the value of the customer's mutual fund portfolio and the bank's lending criteria.
    • LAMF enables customers to access funds without having to sell their mutual fund units.
    • Source: https://www.pnbindia.in/loan-against-mutual-fund.html

Here are the top 10 results for "loan against mutual fund":

1. SBI Mutual Fund Loan: State Bank of India offers loans against mutual funds, allowing investors to borrow up to 50% of their investment value. Source: SBI Bank Website
2. HDFC Bank Loan Against Mutual Funds: HDFC Bank offers loans against mutual funds, with interest rates starting from 9.5% p.a. and loan-to-value ratio of up to 50%. Source: HDFC Bank Website
3. ICICI Bank Loan Against Mutual Funds: ICICI Bank offers loans against mutual funds, allowing investors to borrow up to 50% of their investment value, with interest rates starting from 9.25% p.a. Source: ICICI Bank Website
4. Axis Bank Loan Against Mutual Funds: Axis Bank offers loans against mutual funds, with interest rates starting from 9.5% p.a. and loan-to-value ratio of up to 50%. Source: Axis Bank Website
5. Kotak Mahindra Bank Loan Against Mutual Funds: Kotak Mahindra Bank offers loans against mutual funds, allowing investors to borrow up to 50% of their investment value, with interest rates starting from 9.25% p.a. Source: Kotak Mahindra Bank Website
6. Loan Against Mutual Funds - Zerodha: Zerodha, a popular discount brokerage firm, offers loans against mutual funds through its partnership with various banks. Source: Zerodha Website
7. Mutual Fund Loan - MobiKwik: MobiKwik, a digital lending platform, offers loans against mutual funds, allowing investors to borrow up to 50% of their investment value. Source: MobiKwik Website
8. Loan Against Mutual Funds - Paytm: Paytm, a popular digital payments platform, offers loans against mutual funds through its partnership with various banks. Source: Paytm Website
9. UTI Mutual Fund Loan: UTI Mutual Fund, a popular mutual fund house, offers loans against its own mutual fund schemes, allowing investors to borrow up to 50% of their investment value. Source: UTI Mutual Fund Website
10. Loan Against Mutual Funds - CAMS: CAMS, a popular mutual fund distribution platform, offers loans against mutual funds through its partnership with various banks. Source: CAMS Website

These results are based on a search engine query and may not be exhaustive or up-to-date. It's always best to check with the relevant banks or financial institutions for the latest information and terms.