6 mutual funds had over Rs 10,000 crore cash in their portfolios in April - Cash kitty | The Economic Times
Mutual funds increased their cash allocation by Rs 12,726 crore to Rs 1.98 lakh crore in April despite a strong market recovery. In March, mutual fund cash holdings had declined to a 16-month low of Rs 1.86 lakh crore, down Rs 24,184 crore, or 12% month-on-month (MoM), from Rs 2.09 lakh crore in February. Here is a detailed break-up (Source: ACE MF). Cash kitty