Cash holdings of PMS schemes dip in April as markets rebound, data shows

Cash levels rose in March as markets tanked, prompting some of the value-oriented strategies to hold anywhere between 20-65% cash that month

Ashley Coutinho
Last Updated at May 27, 2020 01:15 IST

More than two-thirds of cash was reinvested as valuations became attractive after a spate of corrections in March

In April, more than a third of the 122 PMS schemes held more than 10 per cent in cash, data from PMS Bazaar shows.

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