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Mutual funds deploy dry powder as corporate tax cut boosts sentiment

Five of the top 10 mutual funds by equity value are holding cash in the range of 8-11 per cent, a reasonably high number

Topics
SIP Mutual funds | MF Industry | India's equity mutual funds

Ashley Coutinho 



MF players seek Sebi approval for a range of passively managed funds
Representative Image

The spectacular run-up in Indian equities on Friday would have caught many fund managers off guard, especially those sitting on a sizeable amount of cash.

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First Published: Sun, September 22 2019. 21:40 IST

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