News From Press Quant vs PPFAS Mutual Fund: Two fund houses are taking opposite cash calls amid market correction

Quant vs PPFAS Mutual Fund: Two fund houses are taking opposite cash calls amid market correction

Source: ET Nov 20, 2024

With Nifty50 down by 9% from its September month end peak, Quant Mutual Fund is buying the dip while PPFAS Mutual Fund was seen raising cash in its portfolios.Quant Mutual Fund’s cash holding fell to 9.34% as a percentage of total AUM in October from 13.74% in September. On the other hand, PPFAS Mutual Fund increased its cash holding to 19.86% in October from 18.06% in September.

Click here to read

Like what you are reading?

Login to get instant access to this article and many other such articles on business development, success stories and industry updates.

Don't worry ... it's FREE!

Have a query or a doubt?
Need a clarification or more information on an issue?
Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

Latest Articles

Claims ratio of non-life insurers dips to 82.52% in FY24: Irdai report

Over Rs 20k cr of unclaimed amounts lie with life insurers at end of FY24

FPIs turn cautious, end buying spree amid market volatility

Year-ender 2024: Sectoral, thematic mutual funds fetch highest inflows. Should you focus on them in 2025?

Financial calculators offer oversimplified projection and can come apart easily; why you must not take these as final word

After mutual funds push, new body set up to promote NPS

GST Council decisions likely to impact market; auto, insurance stocks to be in focus today, December 23

Too young for health insurance? Think again as 38.2% claims made by people aged 18-35 and such claims are going up with time

Inflows into largecap MFs up 731% in a yr, sectoral funds see 289% growth

Gold ETF vs Silver ETF: With both offering 20% returns in 2024, where should you allocate more?

Click to clap

Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.

0 Comment

Be the first to comment.

More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.

POLL

MORE POLLS

As regards Portfolio Management Services (PMS), what is your status

Actively selling PMS

Not selling PMS but considering it seriously

Not selling PMS and not considering it either

EVENTS FORUMS