Adani Enterp. 1850.95↓-27.80(-1.48%)
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Apollo Hospitals 4338.65↓-48.05(-1.10%)
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Divi's Lab. 3270.60↑107.95(3.41%)
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Eicher Motors 3263.55↑34.55(1.07%)
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H D F C 2723.70↓-18.35(-0.67%)
HCL Technologies 1063.85↑21.65(2.08%)
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Hero Motocorp 2439.70↓-26.25(-1.06%)
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IndusInd Bank 1146.90↑22.55(2.01%)
Infosys 1259.35↑1.05(0.08%)
ITC 398.50↓-1.65(-0.41%)
JSW Steel 719.35↓-1.85(-0.26%)
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Maruti Suzuki 8732.65↑58.00(0.67%)
Nestle India 20661.25↑416.85(2.06%)
NTPC 170.10↑0.50(0.29%)
O N G C 160.10↓-0.05(-0.03%)
Power Grid Corpn 230.30↓-6.35(-2.68%)
Reliance Industr 2340.35↓-27.10(-1.14%)
SBI Life Insuran 1145.55↑0.20(0.02%)
St Bk of India 545.85↑1.85(0.34%)
Sun Pharma.Inds. 1004.80↑6.10(0.61%)
Tata Consumer 707.05↓-6.15(-0.86%)
Tata Motors 473.00↑0.85(0.18%)
Tata Steel 107.60↑0.45(0.42%)
TCS 3130.75↓-8.75(-0.28%)
Tech Mahindra 1025.20↓-4.75(-0.46%)
Titan Company 2577.70↓-27.90(-1.07%)
UltraTech Cem. 7595.30↓-147.15(-1.90%)
UPL 738.65↑1.50(0.20%)
Wipro 367.90↑6.55(1.81%)

Mutual funds deploy dry powder to buy the dip in March, shows data

Cash holdings at top 20 MFs decline to 5% in March, from 6.2% in Feb

Abhishek Kumar Mumbai

Sebi's one-scheme-per-category to shake up mutual funds' industry

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3 min read Last Updated : Apr 18 2023 | 8:06 PM IST

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Cash holdings with the top 20 mutual fund (MF) houses dropped to a 10-month low of 5 per cent in March as fund managers decided on equities, with the benchmark equities falling to their lowest levels in five months in early March. According to a note by Motilal Oswal Financial Services (MOFSL), cash holdings as of end-February were at 6.2 per cent — the highest since May 2021.