MFs incrementally adding more cash; total equity schemes cash at Rs 60k cr

Individual fund houses are sitting on more cash than others. There were at least five fund houses that held more than 5% cash as of May-end

mutual funds
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Sachin P Mampatta Mumbai
The amount of cash that mutual funds (MFs) hold has been on the rise.

They held the equivalent of 1.9 per cent of equity assets in cash in June 2021, shows data from tracker primemfdatabase.com. This has since risen to 2.99 per cent as of May 2022. The total amount in cash is up from Rs 31,598 crore to Rs 59,886 crore in the same period (see chart 1).



The rise could also

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First Published: Jun 19 2022 | 11:57 AM IST

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