Margret Borgs (later Mund, February 17, 1909 – May 4, 1993) was a German diver who competed in the 1928 Summer Olympics. She was the wife of Arthur Mund and the mother of Günther Mund and Lilo Mund. In 1928 she finished fifth in the 3 metre springboard event. In the 10 metre platform competition she was eliminated in the first round.