Loan Against MF is adviseable or not ? or redeem MF

[lone_warrior_ind]

I am holding good amount of MF and need some cash urgently,

In small case there is an option to loan against MF with 10.5%

Should i go for it ? or redeem my MF

PS-Considering current market trend, i am not comfortable with redeeming MF

 

[fradela]

Redeem your Debt MFs or FDs.

Before invest, always have emergency fund in multiple FDs.

Asset allocation is more important. Equity : Debt.

Whenever you have emergency go with Emergency funds and Debt.

 

[da3m0n]

Debt MF/FDs should be redeemed first. In case do not have those then I guess taking loan against MF (given same IR) would be good choice given the trend of market going down in short term.You can redeem MFs when they are up again.