overnight funds

Debt mutual funds see outflows of nearly Rs 8,000 crore in August. What triggered the sell-off?

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Debt mutual funds see outflows of nearly Rs 8,000 crore in August. What triggered the sell-off?

The debt mutual funds have seen an outflow of Rs 7,979 crore in August against an inflow of Rs 1.06 lakh crore in July. In August 2024, debt mutual funds received an inflow of Rs 45,169 crore. According to an analyst, this sharp reversal from robust inflows in July was primarily driven by significant redemptions … Read more

Overnight funds back in demand as interest rates start to firm up

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Overnight funds back in demand as interest rates start to firm up

Mumbai: Overnight funds – considered the safest category among debt mutual funds – are witnessing fresh interest from investors looking to shuffle their portfolios. With the stock market facing headwinds and interest rates expected to rise further, investors are parking money in overnight funds, where returns have increased to almost 5% from an average of … Read more