Your loan amount is decided by our lender based on their assessment of volatility and credit risk for equity and debt mutual funds respectively.
Generally, an equity MF scheme will have a loan-to-value ratio of 50% while the Debt MF scheme will have a loan-to-value ratio of 80%. Close-ended MF with a lock-in period, like the Tax-ELSS scheme, is not eligible.
At present, our lender lends against MF held the following AMC serviced by Karvy Fintech:
Axis Mutual Fund
Baroda Pioneer Mutual Fund
BOI AXA Mutual Fund
Canara Robeco Mutual Fund
PGIM Mutual Fund
Edelweiss Mutual Fund
Essel Mutual Fund
IDBI Mutual Fund
India Bulls Mutual Fund
INVESCO Mutual Fund
JM Financial Mutual Fund
LIC Mutual Fund
Mirae Asset Mutual Fund
Motilal Oswal Mutual Fund
Principal Mutual Fund
Quantum Mutual Fund
Nippon Mutual Fund
Taurus Mutual Fund
UTI Mutual Fund
