Calculate Your Loan Against Mutual Funds Monthly Interest
SCRIPT NAME Mutual Funds (0) | NO. OF UNITS | NAV | TOTAL VALUE | LTV%
Loan-to-Value represents the proportion of an asset's value that a lender is willing to provide debt financing against.
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ELIGIBLE AMOUNT | ACTION |
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LOAN STATS
LOAN AMOUNT
Loan amount = Total value of mutual funds x LTV%
₹ 0
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INTEREST RATE
Interest charged only on utilized amount & for the duration utilized
10.5% p.a
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MONTHY INTEREST
The amount is calculated assuming 100% utilization for 12 months. Actual monthly interest will change depending on utilization.
₹ 0
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Disclaimers:
- Mutual fund schemes visible in the dropdown are approved list against which LAMF can be availed. LAMF cannot be availed against schemes not visible in the dropdown list.
- If a user wants to pledge both equity & debt mutual funds, 2 different loan accounts will have to be created, one for each.
- If user wants to pledge funds with both RTAs (CAMs & KFintech), user will have to create a primary account with any one RTA & apply for top-up with second RTA.
0.00
principal amount
10.5% p.a
Annual interest amount