The equity portfolio value of domestic funds rose to ₹27.90 lakh crore in September 2023, data from NSDL show, driven by increased investment by local funds that offset the impact of redemption by foreign funds (FPIs).
Benchmark yield softens 5 Bps to 6.52%
Lower US yields and expectations of a rate cut by RBI in its monetary policy next week have also weighed on yields, treasury heads at