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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

Topics
PMS schemes | Cash levels of fund managers

Ashley Coutinho 



investment, investors, stocks, market, shares, shareholders, MF, savings
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 held more than 10 per cent in cash, data from PMS Bazaar shows.

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First Published: Wed, May 27 2020. 01:09 IST

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