In October 2024, mutual funds in India were holding large amounts of cash, with active equity funds maintaining cash reserves of Rs 1,46,957 crore, slightly down from Rs 1,47,588 crore the previous month. Despite this small decrease, cash still made up 4.91% of total assets, the highest since May 2023. This shows that funds are … Continue reading October 2024: Mutual Funds Hold Record Cash Reserves Amid Market Weakness