The majority of February’s redemptions were concentrated in short-duration funds, with ultra-short duration funds seeing withdrawals of ₹4,281.02 crore, money market funds ₹275.96 crore, and low-duration and overnight funds ₹2,263.94 crore.
Govt prioritising lower denomination notes and digital transactions: Sitharaman
Union Finance Minister Nirmala Sitharaman emphasized the government’s focus on promoting lower denomination currency and increasing digital transaction awareness. With the Rs 2000 note nearly