scorecardresearchMirae Asset to offer loan against mutual funds; should you go for it?

Mirae Asset to offer loan against mutual funds; should you go for it?

Updated: 07 Jul 2022, 07:35 AM IST
TL;DR.
The lender claims that mutual fund investors, via a mobile phone app, will be able to raise up to 3 crore by pledging fund units
Lender offers to provide cash when investors need them instead of compelling them to redeem the mutual fund units.

Lender offers to provide cash when investors need them instead of compelling them to redeem the mutual fund units.