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How Mutual Fund Investment Can Help You During Emergencies?

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Emergencies are unpredictable and can strike at any time, leaving individuals scrambling for funds to manage the situation. Having a robust financial plan in place is crucial to tackle these unforeseen circumstances without disrupting your financial stability.  One effective way to prepare for such scenarios is by investing in mutual funds. Mutual funds offer a balanced approach to saving and investing, providing liquidity and growth potential, making them an ideal choice for emergency financial planning. Liquidity and Accessibility The liquidity of mutual funds is one of their main benefits. Unlike fixed deposits or  other  long-term investment options, mutual funds can be easily liquidated. If you face an emergency, you can quickly take a  loan against mutual funds  units and access the required funds. The loan process is straightforward, and the money is usually credited to your bank account within a few business hours. When an emergency comes up having quick access to cash can save
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What is a Loan against Shares (LAS)?

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Before delving into the lender selection, let’s first understand what an LAS is. A Loan Against Shares (LAS) is a type of secured loan in which you offer your shares, mutual funds, or other securities as collateral. The lender then grants a loan amount that is a percentage of the market value of these pledged securities. Loan Against Shares can be a smart financial strategy in various situations. Let’s look at some of its advantages below. Advantages of a Loan Against Shares: Retain Ownership and Benefit from Growth: The primary advantage of LAS is that you retain ownership of your shares, ETFs, mutual funds, or other securities. This allows you to benefit from their potential long-term appreciation while still accessing much-needed funds. Lower Interest Rates: LAS is a secured loan, meaning your shares act as collateral. This reduces the risk for the lender, translating into lower interest rates compared to unsecured loans like personal loans or credit card debt. Faster Disbursal: Th
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Location: India
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