The Economic Times

Mutual funds increase cash holdings by Rs 87 crore to Rs 1.83 lakh crore in September, cash allocation rises to nearly 4%

Indian mutual funds increased cash holdings to Rs 1.83 lakh crore in September, with cash allocation rising to 3.98% of total assets. SBI, HDFC and PPFAS led in cash reserves, reflecting varied investment strategies and liquidity positions amid market uncertainty and potential opportunities for future equity investments.