Loan eligibility is subject to mutual fund schemes you hold and their current market value.
Presently, our lender supports Non-ELSS and open-ended schemes provided by the following fund houses:
AXIS | Baroda Pioneer | BOI AXA |
Canara Robeco | DHFL Pramerica | Edelweiss |
Essel | IDBI | Indiabulls |
Invesco | JM Financial | LIC |
Mirae Assets | Motilal Oswal | Principal |
Nippon | Quantum | Taurus |
UTI | | |
Furthermore, the loan eligibility is dependent on the current market value of the mutual funds. The minimum loan amount you can borrow is ₹50,000. To be eligible, the current market value of your MF holdings should be ₹1 lac or more as your lender provides a 50% and 75% loan to value for Equity and Debt MF respectively.