MFs go for auto refill in June, dump metals https://ifttt.com/images/no_image_card.pngThe sector weight in the domestic fund portfolio reached a 42-month high of 7.6% in June 2022 according to the data compiled by Motilal Oswal Financial Services. This was the fourth month in a row when the weight increased on a month-on-month basis.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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