In a significant development for investors seeking liquidity without disrupting their long-term financial plans, MyFi, an AI-powered wealth management platform, has launched MyCash. This innovative digital solution allows users to borrow against their mutual fund investments without the need to liquidate them, thereby maintaining the growth trajectory of their portfolios.

How MyCash Works: Loan-to-Value Ratios and Fund Types

MyCash operates on the principle of Loan Against Mutual Funds (LAMF), enabling investors to pledge their holdings as collateral. The platform offers a credit line ranging from ₹10,000 to ₹5 crore, with a competitive interest rate of 10.5%.

The borrowing amount depends on the type of mutual fund held:

• Equity Mutual Funds – Loan-to-Value (LTV) of up to 45%
• Debt Mutual Funds – LTV of up to 75%
• Hybrid/Multi-Asset Funds – LTV varies based on fund composition

For investors, this structured approach ensures access to liquidity while allowing their investments to continue growing.

Flexible Repayment and Interest Structure

Unlike traditional loans, MyCash offers flexible repayment options:

✔ No Prepayment Penalties – Repay the principal amount anytime
✔ Pay Interest Only – Monthly interest payments with no obligation to repay the principal immediately
✔ Interest on Withdrawn Amount Only – Borrowers pay only for the duration and amount used

This feature makes MyCash a cost-effective and efficient borrowing alternative compared to credit cards, which often charge 36-48% annual interest rates.

AI-Driven Personalized Lending

MyFi leverages AI-powered analytics to assess a user’s financial profile, offering customized credit limits and interest rates. This is in stark contrast to traditional banks, which typically follow a one-size-fits-all lending model.

🚀 Personalized Interest Rates – Based on creditworthiness
🚀 AI-Driven Approvals – Faster, more efficient processing
🚀 Custom Credit Limits – Higher limits for financially responsible users

Strategic Partnerships with Leading Lenders

To strengthen its credibility, MyFi has partnered with reputed financial institutions like:

🔹 DSP Finance – A leading NBFC in India
🔹 Tata Capital – A top lender for secured loans

These collaborations ensure secure and seamless loan processing, making MyCash a trusted financial solution.

How to Apply for a Loan Against Mutual Funds?

Applying for MyCash is simple and fully digital:

1️⃣ Visit MyFi's MyCash Platform
2️⃣ Log in using your registered credentials
3️⃣ Select mutual fund holdings to pledge
4️⃣ Get an Instant Credit Line based on fund value
5️⃣ Withdraw Funds as needed

Conclusion

With its low interest rates, flexible repayment options, and AI-driven credit assessment, MyFi’s MyCash is set to transform the landscape of loan against mutual funds in India. For investors looking for instant liquidity without disrupting their investments, this platform is a game-changer.

👉 Explore more about MyCash Loans and unlock your investment’s potential today!

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