We gather from reports that almost Rs 3-3.5 lakh crore of average cash levels are available for the MF sector from the DIIs to tap into the markets. Is that broadly a correct number to work with?
This is the potential investment which can be done by mutual funds and NPS. For example, today the mutual fund industry is roughly about Rs 14.5 lakh crore and we have about 4.8% cash balance. Now we do keep cash for meeting redemptions but in case the market goes down further, we ca ..
