News From Press Mutual funds increase cash allocation by Rs 7,000 crore to Rs 1.87 lakh crore in December

Mutual funds increase cash allocation by Rs 7,000 crore to Rs 1.87 lakh crore in December

Source: ET 19 hours ago

The cash pile of mutual funds increased by Rs 6,937 crore on a monthly basis, from Rs 1.80 lakh crore in November to Rs 1.87 lakh crore in December. The cash allocation as a percentage of total AUM was 4.98% in November, rising to 5.17% in December 2024. The total equity AUM in December was recorded at Rs 36.29 lakh crore.

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