News From Press Missed the bus! 63 MF schemes held over 10% cash in portfolio till September 20

Missed the bus! 63 MF schemes held over 10% cash in portfolio till September 20

According to data collated by ACEMF, 63 equity schemes were holding more than 10 percent in cash and cash equivalent as on September 20.

Money Control Sep 24, 2019

While most participants were cheering the jump in equity benchmarks on September 20 after the government slashed corporate tax rate, most fund houses who were sitting on a huge cash pile may have missed the bus.

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