Money Market Fund

Co-operative bank participation in the call money market has rebounded after a drop following RBI's mandate for NDS-CALL platform membership, says RBI report

Overnight money market rates climb following the RBI's VRRR auction and GST outflows, with WACR approaching the policy repo rate

Liquidity in the system had a deficit of Rs 2.4 trillion towards the end of the last financial year (on March 23); it is now in surplus of around Rs 3 trillion

Nippon India Nifty 1D Rate Liquid ETF is an open-ended exchange-traded fund that aims to replicate the performance of the Nifty 1D Rate Index

RBI working group recommends extending call money hours to 7 PM and synchronising repo markets, while retaining current timings for G-secs and forex markets

Strike a rich vein after a tough three-year haul of ₹2.8 trillion in outflows

Bank of India Money Market Fund NFO opens today: Investment objective, risk level, minimum application amount, and exit load - here's all you need to know

According to data compiled by Primedatabase, CD issuances in FY25 (up to December 13) have totalled Rs 7.93 trillion

Secured Overnight Rupee Rate (SORR), will be developed with the support of Financial Benchmarks India Limited (FBIL), which has been requested to take the proposal forward

This surge in CD issuances is driven by quarter-end reporting, as funds raised through CDs are included under aggregate deposits, the report highlighted

The fund's month-end assets under management increased to Rs 11,680 crore in March 2024 from Rs 6,800 crore in March 2021

MMFs invest in fixed-income instruments maturing in less than one year, minimising interest-rate risk

The RBI received Rs 20,860 crore bids against the notified amount of Rs 50,000 crore at the first auction

Banks parked Rs 18,750 crore at the auction against a notified amount of Rs 50,000 crore at a weighted average rate of 6.49 per cent

In a circular, the NSE said the currency derivative segment would remain closed on January 22

Yields from these schemes are attractive currently, but could come down if rate cuts happen

The SDF rate is 6.25 per cent, which is lower than the call money rate

For longer periods go for corporate bond funds or banking and PSU funds

U.S. money market funds received $39.89 billion worth of inflows but investors sold European and Asian funds of $15.76 billion and about $30 million, respectively

Yield curve inversion suggests that the market is becoming more pessimistic about the economic prospects for the near future