What is 'Digital Loan Against Mutual Funds'?

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• What are the operational hours to take 'Digital Loan Against Mutual Funds'?

  Since Digital Loan Against Mutual Funds is a complete digital and paperless process your LAMF limit will be approved and functional instantly. You can raise funds withdrawal requests or make repayments 24*7 on all days of the week. Any withdrawal ...

• What are the steps to avail of Digital Loan Against Mutual Funds?

  Steps to follow: Download app & register yourself Select type of mutual funds (viz equity or debt mutual funds) Complete one-time KYC registration with PAN & Aadhar details (Details can be fetched directly from Digilocker if your Aadhar is linked ...

• What should I do if the Digital Loan Against Mutual Funds Account opening does not go through successfully?

  You can write to our customer service team at mcare@miraeassetfin.com or contact us at 1800 2099 180 (Monday to Friday 9 am to 6 pm, excluding holidays) in case you face any issues while applying for ‘Digital Loan Against Mutual Funds’ and can apply ...

• What is the minimum and the maximum credit that a customer can avail through 'Digital Loan Against Mutual Funds'?

  The minimum amount is Rs 50,000/- and the maximum can go up to Rs 1 crore in case of equity mutual funds and up to Rs. 3 crores in case of debt mutual funds.

• How often are the mutual funds revalued?

  The routine revaluation takes place every day and the limits get revalued as per the previous day’s NAV of the pledged mutual funds.