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Planning Large Expenses in Advance Using LAMF Without Breaking Investments
Mutual funds continue earning returns and dividends even when pledged as collateral.
For an expense like a wedding or luxury car, set up an LAMF limit 6 months prior.Unlike a personal loan, interest is only charged on the utilised amount. If you need ₹20 Lakh, but spend it in stages, you save significantly. Compared to a lump-sum liquidation, which triggers immediate tax on the full ₹20 Lakh, LAMF keeps the remaining balance earning market returns. Apply Now