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What is the advantage of borrowing against mutual fund units?Borrow against equity or hybrid mutual fund units for immediate liquidity at 9-11% interest rates. Advantages include short-term monetary s...- How to claim unclaimed money from bank savings accounts, FDsThe Reserve Bank of India has asked banks to identify accounts that have not had any customer-initiated transactions in over ten years. As ...
- From diluting handwashes with water to skipping Diwali bonus, Indian employees share how firms cut back on perks to reduce costsMany companies have recently hit the headlines for resorting to cutting employee perks to minimise expenses.
- How to insert signature in Google Docs, Check process hereGoogle Docs is the most reliable and efficient online word processor, and editor suite by Google. Here are some steps to help you guide thr...
- EPFO allows employers to register digital signatures via e-mailEPFO is of the view that due to lockdown, many employers are facing difficulties to send the one time registration requests to the regional...
- How to borrow against mutual fund unitsYou need not sell your mutual fund units, hence your financial plan remains intact, there are no tax implications and neither is your owner...
- You can borrow against mutual fund unitsET explains the process and the type of funds that can be offered as collateral.
- ET in the classroom: Loan against mutual fund unitsYou can pledge your mutual fund units as security to banks or other financial institutions and borrow against them.
- ET in the classroom: Borrow against your mutual fund unitsIf the borrower defaults in making payment, the financer can enforce the lien i.e. send a signed request to the mutual fund to redeem the u...
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