Should You Take Out a Loan Against Your Mutual Funds? | Invest Smart | Oneindia News
Video Credit: Oneindia - Duration: 03:24s - Published
Should You Take Out a Loan Against Your Mutual Funds? | Invest Smart | Oneindia News
LOAN AGAINST MUTUAL FUNDS - By visiting a bank or a NBFC and pledging mutual fund units as collateral, you can get a loan against equity mutual funds, debt mutual funds, or hybrid mutual funds.
The loan is approved based on the folio's net asset value, the amount of the mutual fund units, and the loan term.
You may acquire a loan against mutual funds for about 10-11 percent each year, and because it's secured, the interest rate is significantly cheaper than a typical personal loan.
Negotiate a lower interest rate if you have a strong credit score and have been a bank customer for a long time.
Greetings and welcome another episode of International News Wrap, your premier destination for global updates, brought to you exclusively by OneIndia. In today's segment, we present a diverse array of stories ranging from Russian missiles pounding Ukrainian power plants to Chinese military activity in Taiwan. Join us as we delve into the day's most significant international developments, ensuring you stay abreast of the latest events unfolding worldwide.
#Ukraine #Russia #MissileAttack #EnergyFacilities #AirDefenses #USMilitaryAid #StraitOfHormuz #ArcticCircle #DTEK #VolodymyrZelenskiy #Taiwan #China #MilitaryActivity #TaiwanStrait #AntonyBlinken #US #ChinaRelations #DefenseMinistry #SecurityConcerns #HostageDeal #Israel #Egypt #Hamas #Rafah #IDF #ShinBet #Iran #MSCAries #Portugal #StraitOfHormuz #IndianCrew #Release #JapaneseEarthquake #BoninIslands #USGS #TsunamiWarning #SeismicActivity #RingOfFire #InternationalNewsWrap
~HT.178~PR.152~ED.102~GR.123~
As the third leg of elections commences, enthusiasm wanes, but politicians remain in the spotlight. Today's focus includes Mamata Banerjee's injury, the Amethi Puzzle, and Kejriwal's war room. Voter turnout across 88 seats in 13 states dropped compared to 2019 elections, hinting at potential impact on final results.
#PollPulse #LokSabhaElections #BJP #PMModiNews #Modinews #RahulGandhinews #Politics #Electionnews #Oneinda #Oneindia news
~HT.178~ED.194~GR.124~
A magnitude 6.5 earthquake struck Japan's Bonin Islands, as reported by the United States Geological Survey (USGS) on Saturday (April 27). The quake occurred at a depth of 503.2 km (312.7 miles). The US National Tsunami Warning Center confirmed that no tsunami warning was issued based on the available data.
#JapanEarthquake #BoninIsland #USGS #Magnitude6.5 #EarthquakeAlert #NaturalDisaster #EmergencyResponse #TectonicActivity #SafetyFirst #DisasterPreparedness
~HT.97~PR.152~ED.103~
The HMS Diamond, a UK warship, intercepted a ballistic missile launched by Houthi rebels in Yemen, marking the Royal Navy's first such interception since the Gulf War. Deployed in the Gulf of Aden to protect a commercial vessel, the Type 45 destroyer used advanced Sea Viper missile interceptors. The targeted ship, MV Yorktown, was unharmed. This highlights escalating tensions in the region, with Houthi rebels employing Iranian-origin missiles and drones
#HMSDiamond #UKWarship #HouthiRebels #GulfWar #GulfofAden #IsraelGaza #Gazawar #Worldnews #Oneinda #Oneindianews
~PR.320~ED.155~
Student protests against Israel's actions in Gaza spread across US campuses, with over 550 arrests. Demonstrators urge universities to sever ties with companies aiding Israel and some call for disengagement from Israel itself. Clashes erupted at various campuses, leading to arrests and cancellations of events.
#studentsprotestforpalestine #studentsprotestisrael #studentsprotestagainstisrael #studentsprotesthamas #Worldnews #IsraelHamas #Oneinda #Oneindia news
~PR.320~ED.155~GR.122~HT.318~
Different Types of Asset Classes -
a. Stocks or equities
b. Bonds or other fixed-income investments
c. Cash or cash equivalents, such as money market funds
d. Real estate or other tangible..
As an average investor, you may not be able to keep up with the market and so must rely on the expertise of a broker or distributor. You should invest in regular mutual funds. Those of you who are..
A number of reasons have contributed to the blurring of the distinctions between insurance and investing. The most typical reasons are a lack of financial education and pressure from advisors/agents..