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Business News/ Money / Personal Finance/  Is your MF holding too much cash?
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Is your MF holding too much cash?

Here’s a list of funds with the highest cash levels

Usually, equity funds hold 1-5% of a fund’s corpus in cash, though some funds can hold as much as 7-10%Premium
Usually, equity funds hold 1-5% of a fund’s corpus in cash, though some funds can hold as much as 7-10%

Every mutual fund scheme comes with a mandate to invest in certain type of securities, but it is allowed to have a small part of its portfolio in cash to meet redemptions or make use of any ‘buy’ opportunities. Usually, equity funds hold 1-5% of a fund’s corpus in cash, though some funds can hold as much as 7-10%. Some funds have higher levels because their mandate allows them to, if—as per their analysis—good stocks are not available at desirable valuations. Whether or not a fund ought to hold cash is a subjective call. Here’s a list of funds with the highest cash levels.

Funds and As % of assets
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Funds and As % of assets

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Published: 06 Apr 2020, 10:06 PM IST
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