Amidst falling interest rates and investor caution towards fixed income, money market funds are gaining traction as preferred short-term investment options. These funds, investing in high-quality, short-term instruments, offer attractive yields compared to savings accounts and fixed deposits, coupled with high liquidity. Investors should prioritize funds with AAA-rated exposure and consistent performance.
MSCI rebalancing on Monday: Adani Energy, Groww set for big inflows; RIL, Jio Financial may face outflows
MSCI’s latest rebalancing is set to drive heightened trading activity in several Indian stocks on Monday, with revised weights taking effect from September 1. The