Mutual funds were sitting on nearly Rs 2 lakh crore cash in October

In October 2024, MFs held a total cash pile of Rs 1.80 lakh crore, or 5.05% of their total AUM, slightly down from Rs 1.86 lakh crore in September. The total equity AUM for October was Rs 35.72 lakh crore. Among the 43 MFs, SBI Mutual Fund had the largest cash holding at Rs 31,126 crore, representing 4.46% of its total AUM.
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