Why mutual funds are sitting on record cash piles
In July, mutual funds bumped up their cash holdings by ₹2,884cr to ₹2.06Lcr—ending a two-month dip.
Now, cash makes up 5.20% of all assets under management (AUM), slightly higher than June’s 5.08%.
This move signals fund managers are treading carefully after a not-so-great Q1 earnings season.
Major players in the cash game
With markets feeling shaky,
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