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The schemes were from different categories such as aggressive hybrid, ELSS, flexi cap, large cap, mid cap fund category. Three flexi cap funds, two mid cap funds, a large cap, aggressive hybrid and an ELSS fund had NAVs of more than Rs 1,000.
The Reserve Bank explains how broad money is created through the bank lending process, and explains the constraints on its creation. But their broader purpose is achieve low and stable inflation and support employment near its maximum sustainable level