On July 7, 2022, the RBI widened the scope of the ‘Fully Accessible Route’ (FAR) for non-resident investment in government bonds to include 7-year and 14-year securities. Foreign portfolio investors’ holdings of the 7-year government bond have since increased multi-fold to ₹7,084 crore as on March 31, 2023, compared with ₹118 crore before the inclusion of the bond in the FAR category, the RBI said in its annual report for 2022-23.
ITC and Cochin Shipyard among stocks that Quant Mid Cap Fund bought and sold in May
Quant Mid Cap Fund added ITC, Lupin, and Aditya Birla Lifestyle Brands to its portfolio in May, while exiting Cochin Shipyard, BHEL, and Ipca Labs.