ADVERTISEMENT
Cash Share Of Mutual Funds' Holdings Falls For First Time Since April
Total cash pile with mutual funds grew marginally by 0.9% in September to Rs 1.49 lakh crore, while the asset base grew 3.38%.
15 Oct 2024, 02:38 PM IST
Mutual funds' allocation toward cash as a percentage of total assets held by actively managed equity schemes fell during September for the first time since April.Allocation toward cash had been increasing for a major part of the current financial year, hitting a high of 4.92% of assets under management in August, according to data provided by Ace Mutual Fund.However, in September, the total cash pile grew marginally by 0.9% to Rs 1.4...
I’m already a Subscriber Sign In
To continue reading this story
Subscribe to Unlock & Enjoy your
Subscriber-Only benefits
Subscriber-Only benefits
Choose a plan
Renews automatically. Cancel anytime.
As a Subscriber you get
Access to
Stories
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Ad-Lite
Experience
Subscriber-Only
Rewards
NDTV Profit
Exclusive Stories
Full Access to
NDTV Profit App
Access to
Stories
20,000+
Research Reports
Ad-Lite
Experience
NDTV Profit
Exclusive Stories
Curated
Newsletters
Priority Pass
to Special Events
Subscriber-Only
Rewards
Full Access to
NDTV Profit App
Still Not convinced ? Know More
ADVERTISEMENT