scorecardresearchDemand for Overnight funds increases as interest rate goes up: Report

Demand for Overnight funds increases as interest rate goes up: Report

Updated: 14 Jun 2022, 09:51 AM IST
TL;DR.
As per ET, the number of folios in the category rose from 1.55 lakh in October 2021 to 5.85 lakh in May 22, with average assets under management (AUM) rising from 1.16 lakh crore to 1.36 lakh crore.
As per ET, the number of folios in the category rose from 1.55 lakh in October 2021 to 5.85 lakh in May 22, with average assets under management (AUM) rising from  <span class='webrupee'>₹</span>1.16 lakh crore to  <span class='webrupee'>₹</span>1.36 lakh crore.

As per ET, the number of folios in the category rose from 1.55 lakh in October 2021 to 5.85 lakh in May 22, with average assets under management (AUM) rising from 1.16 lakh crore to 1.36 lakh crore.