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

Overnight funds back in demand as interest rates start to firm up https://ift.tt/vxMeAHl 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 3% a few months ago.