News From Press Mutual funds sitting on Rs 1.86 lakh crore cash in September

Mutual funds sitting on Rs 1.86 lakh crore cash in September

Source: ET Oct 15, 2024

Mutual funds have deployed cash in the rising market, as cash as a percentage of total AUM went down from 5.20% in August to 5.02% in September. The total cash mutual funds had was Rs 1.86 lakh crore in September, which was at the same level as in August. The total equity AUM in September was recorded at Rs 37.13 lakh crore as of September 2024.

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