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Loan Against Mutual Fund Units - LAMF


People invest in mutual funds owing to the latter's prowess in offering convenience, asset diversification and long term gains. However, apart from yielding good economies of scale in terms of lower transaction costs (as compared to buying individual stocks), mutual funds offer another benefit: liquidity in times of financial distress. Taking a Loan Against Mutual Fund units (LAMF) helps you leverage your existing mutual fund investments.
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Why Loan Against Mutual Funds (LAMF)?


Loan Against Mutual Funds offers customers the opportunity of receiving immediate liquidity against the mutual fund units they own. This is essentially an overdraft facility for short-term monetary requirements, with a relatively shorter tenure than other loans. You may take a loan against the mutual funds you own to earn immediate returns on it, as well as earn surplus reserves to invest elsewhere. To avail of a Loan Against Mutual Funds (LAMF), the borrower must request the Mutual Fund Registrar to mark a lien against the mutual fund units.

Is Loan Against Mutual Funds (LAMF) for you?


The LAMF is a beneficial monetary tool for those looking to leverage their otherwise idle mutual fund investments, and also raise capital quickly for short term financing needs. You need not sell your mutual fund units, nor is your ownership of the fund units divested after pledging them for a loan. Aditya Birla Finance also enables the borrower to buy additional mutual fund units even when they don't have the entire amount of money required. The borrower may bring in the margin amount and we will provide the balance amount as loan. However, the loan amount is subject to the quality of the mutual funds in your possession.

Aditya Birla Finance Loan Against Mutual Funds (LAMF) process


  • Collateral: Owned mutual fund units (as per approved list of mutual funds)
  • Tenure: Up to 1 year
  • Minimum loan amount: Rs 25 Lakhs
  • Loan amount margin: 15% to 30% depending on the securities furnished
Please ask us for the list of approved mutual fund houses at the time of making your loan application.

Next steps…

  • If you want to apply for Loan Against Mutual Funds download the application form.
  • Our Relationship Manager can meet you at your convenience.

Do you have questions?

Call +91 84259 66666
OR write to us at abfl-customerservice@adityabirla.com. Click here to arrange a meeting today.






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Aditya Birla Finance Limited Loan Against Mutual Fund Units - LAMF Loan Against Mutual Fund Units - LAMF from Aditya Birla Finance offers the opportunity of receiving immediate liquidity against the mutual fund.
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Important Notice

Note : We would like to inform you that we do not accept cash for any transaction.

It has come to our notice that unknown third parties, who are not affiliated with Aditya Birla Finance Limited are forging/mis-selling loan products using our name, brand or logo (explicitly and/or implicitly). Aditya Birla Finance Limited may not have any control over such any third party use of our name and therefore cannot be held responsible for any unauthorised offer, products or services which is made by forging/misusing/faking our brand name. Anyone relying on any such information without verifying and confirming the same with Aditya Birla Finance Limited shall do so at their own risk and liability as to cost and consequences thereof. We also recommend that you do not disclose your personal or financial details to anyone approaching you and claiming to be on behalf of us, unless identity of the person is established or the communication is verified with one of the branches or telephone numbers stated herein.

If you receive a product/ loan proposal from anybody with a name similar to Aditya Birla Finance Limited or claiming to be from Aditya Birla Finance Limited or Birla Global Finance Limited or Birla Finance Limited or any other name which exhibits any connection with Aditya Birla Group or if you have any doubts about such proposal, please feel free to contact Aditya Birla Finance Ltd. immediately on +91 84259 66666. Aditya Birla Finance Limited highly recommends that you ignore any suspicious product/ loan proposals. On no account should you transfer any money without properly verifying and establishing the identity of the entity involved. We once again request you to examine product/loan proposals cautiously and carefully before entering into any transaction with such entities.

 

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