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Mutual funds were sitting with Rs 1.42 lakh crore cash just before election results

By Economic Times - 5 months ago
Mutual funds held Rs 1.42 lakh crore cash before election results, up from Rs 1.36 lakh crore in April. Cash as a percentage of total AUM was 4.67% in May. Total equity AUM increased by Rs 32,936 crore from April to May, with SBI Mutual Fund holding the most cash.

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