Loan Against Mutual Fund Calculator
See in seconds how much you could borrow against your mutual funds without selling your investments.
- RBI-registered NBFC
- Part of the Shriram Group
What Is a Loan Against Mutual Fund Calculator?
A Loan Against Mutual Funds calculator is an online tool that estimates how much you could borrow against your existing mutual funds based on their current value and applicable LTV ratio.
What I Hold
Want to Borrow
| Interest Only | |
|---|---|
| Each Month | ₹6,563 |
| Total Interest | ₹2,36,250 |
| Total Repaid | ₹9,86,250 |
How the LAMF Calculator Works
The LAMF calculator’s “Estimate It Yourself” tab helps you estimate your eligible loan amount, monthly repayment and the potential benefit of staying invested instead of selling your mutual funds. Here’s how each figure is calculated.
Your Limit
Limit = Holding × LTV
Equity fund values at 45% and debt at 75%, and both amounts are added to determine your eligible loan limit.
What You Borrow
Borrowed Amount ≤ Eligible Loan Limit
Choose any amount within your eligible limit. Interest applies only to the amount borrowed.
Monthly Interest
Borrowed Amount × Annual Rate ÷ 365 × 30
Daily interest is calculated using the annual interest rate and the number of days in the month to estimate monthly interest. Interest rates start at 9.5%* p.a. Principal is repayable at the end of 12 months.
What You Retain
Growth on Pledged Funds – Interest
See the potential benefit of staying invested, assuming 12% annual growth, after deducting loan interest.
A Worked Example
₹16,00,000 in equity funds, with ₹5,00,000 borrowed for 12 months at 9.5%* a year.
| Metric | Interest Only |
|---|---|
| Eligible Loan (45% of ₹16,00,000) | Interest Only₹7,20,000 |
| Loan Amount Selected | Interest Only₹5,00,000 |
| Monthly Payment | Interest Only₹3,958 |
| Total Interest | Interest Only₹47,500 |
| Total Repaid | Interest Only₹5,47,500 |
Note These figures are estimates. Interest is charged only on what you withdraw, and your final limit and rate follow Shriram Credit's assessment when you apply.
Step-by-Step: How to Use the LAMF Calculator
- Step 1
Select Your Fund
Choose Equity, Debt or Both to determine the applicable LTV.
- Step 2
Enter Your Portfolio Value
Add your mutual fund portfolio value to estimate your eligible loan amount.
- Step 3
Enter Your Desired Loan Amount
Enter the amount you wish to borrow to estimate your eligible loan value.
- Step 4
View Your Results
Check your eligible loan amount, applicable LTV and estimated monthly repayment.
- Step 5
Apply When Ready
Explore your borrowing options with no obligation to apply after using the calculator.
Factors That Affect Your Loan Amount
Fund Category and LTV
Debt funds generally allow a higher LTV than equity funds due to their lower volatility. This is often the biggest factor affecting your eligible loan amount.
Current NAV
Your eligible loan amount depends on the current NAV of your mutual fund units. Changes in fund value can affect how much you can borrow.
Interest Rate
Interest rates start at 9.5%* p.a. A lower rate reduces your monthly repayment, while a higher rate increases it for the same loan amount.
Tenure
The loan tenure is fixed at 12 months. Your monthly repayment depends on the loan amount and applicable interest rate.
Benefits of Using the Online LAMF Calculator
Instant Results
Check your estimated eligible loan amount and LTV in seconds, without waiting for a callback or manual assessment.
No Impact on Credit Score
Check your eligibility without a credit bureau enquiry or affecting your credit score.
Free & Unlimited Use
Calculate anytime, without fees or login requirements as many times, with a fixed 12-month tenure.
NAV-Based Accuracy
Uses current NAV values and a standardised formula to provide consistent loan estimates.
Retain Your Portfolio
Your mutual funds stay in your name, continuing to accumulate compounding returns and dividends.
Pay Only for What You Use
The interest is strictly charged on the utilised amount, not the total limit.
LAMF Calculator vs Manual Calculation
No NAV lookups or sums by hand, even across several funds.
| Calculator | Manual | |
|---|---|---|
| Speed | CalculatorInstant — results in seconds | ManualTakes time to look up NAV and calculate by hand |
| NAV | CalculatorAlways the latest published NAV | ManualCan be outdated if you're using an old statement |
| Multiple Funds | CalculatorAuto-totalled across every fund entered | ManualRequires manual addition, fund by fund |
| Accuracy | CalculatorProvides consistent estimates using a standardised formula | ManualError-prone, especially across multiple funds or tenures |
LAMF Calculator FAQs
It uses the same formula Shriram Credit uses internally, so it's a close indicative estimate as long as your inputs reflect today's portfolio value. Your final sanctioned amount may vary slightly based on Shriram Credit's assessment and the NAV on the date you actually apply.
Yes. It's completely free, requires no login, and you can use it as many times as you like — there's no cap on how often you check.
No. Checking your eligible amount does not involve a credit bureau pull and has no impact on your CIBIL score. Your score is only affected once you formally apply and Shriram Credit runs a credit check as part of that process.
The calculator gives an indicative figure based on the details you enter and the NAV available at that moment. Your final offer depends on Shriram Credit's assessment, the NAV on the date of application, and the lending policy in force at that time.
Equity, debt and hybrid mutual fund schemes are supported, subject to Shriram Credit's approved fund list. Not every scheme may be eligible, so it's worth confirming your specific fund's status when you apply.
Nothing changes on your investment side. Most facilities work like an overdraft — interest applies only to the amount you actually withdraw, so there's no cost to having a higher eligible limit than you use.