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  • News From Press MF schemes see 5% drop in cash holding in Nov; lowest level in 4 months

    MF schemes see 5% drop in cash holding in Nov; lowest level in 4 months

    Source: Business Standard 3 hours ago
    The cash holding of equity mutual fund schemes declined marginally to 5.4 per cent in November, the lowest level in four months. The decline came amid a 14 per cent month-on-month fall in net inflows into equity schemes. The cash holding, which rose to a high of 6 per cent in September, has been on a decline since October amid market correction. 
     
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