Geojit Credits has recently launched a Loan Against Mutual Fund (LAMF) program, allowing investors to raise instant funds from their mutual fund investments at attractive interest rates. This product, Digital Loan Against Mutual Fund, has been designed to provide investors with an opportunity to access credit from their investments without having to redeem them as part of their long-term wealth creation and investment plan. This can help them take care of their short-term liquidity needs.
Geojit Financial Services, a Kochi-based company, is the parent company of Geojit Credits. Bejoy Anthraper, Business Head of Geojit Credits, is confident that the new scheme will be of great help to investors and enable them to avail the best loan rates.
Apart from the LAMF, Geojit Credit also provides secured and unsecured loans, loan against shares, collateralized loans, investment finance and loan against deposits. The company has made it easy for its customers to access such loans and other credit assistance with seamless integration of digital platforms. These services are available to both retail and institutional investors.
Loan Against Mutual Fund is a wise move as it allows investors to benefit from the appreciation of their mutual funds without selling them. It is a convenient option for those who have a need for liquidity without giving up on the excellent opportunities offered by their investments.
