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Summary: A loan against your funds only beats selling when the money returns within weeks, because the tax you defer is a one-time saving while the interest keeps compounding. This piece, prompted by a reader's objection, concedes the point for longer horizons and sets a simple rule: if you can't name the date the money comes back, sell.
Summary: A loan against your funds only beats selling when the money returns within weeks, because the tax you defer is a one-time saving while the interest keeps compounding. This piece, prompted by a reader's objection, concedes the point for longer horizons and sets a simple rule: if you can't name the date the money comes back, sell. Halfway through the last Fund Advisor Live session, held on September 28, Hemanshu typed an objection into the chat. The Nifty 100 has returned 10 per cent a year over 10 years and 6 per cent over five. A loan against funds costs 11 or 12 per cent. Borrowing against a large-cap portfolio, he wrote, will be a loss. Over a year or more, he is ri
This article was originally published on October 05, 2026.
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