Mutual funds boost money market bet through TREPS allocation to protect returns from volatility
The use of TREPS is becoming increasingly widespread, and as per PrimeMFDatabase, 89.71 percent of equity schemes had exposure to cash equivalents like TREPS, CBLO (Collateralized Borrowing and Lending Obligation), or reverse repos in July. In just two months, 18 additional equity schemes have begun using these instruments to manage cash positions. Mutual Funds…