Around 42 mutual funds were sitting on Rs 1.36 lakh crore cash in April, according to data by ACE MF. Here are the top 10 mutual funds that had the highest cash holding.
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The largest fund house was sitting on Rs 22,703 crore cash in April. The cash holding as a percentage of total AUM was 3.84%. The total equity AUM of the fund house was Rs 5.69 lakh crore as of April 2024.
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ICICI Prudential Mutual Fund
The fund house was sitting on Rs 20,473 crore cash in April which was 6.51% of the total AUM. The equity AUM of the fund house was Rs 2.94 lakh crore as of April 30, 2024.
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The fund house was sitting on Rs 19,274 crore cash pile. This was 6.52% of the total AUM. The fund house had an equity AUM of Rs 2.76 lakh crore.
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The fund house had Rs 10,057 crore cash as of April 2024. This was 14.95% of the total AUM. The equity AUM of the fund house was Rs 57,237 crore.
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The fund house was sitting on Rs 9,563 crore cash which was 13.78% of the total AUM. The equity AUM of the fund house was Rs 59,845 crore as of April 30, 2024.
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Axis Mutual Fund
The fund house had Rs 8,859 crore cash as of April 2024 which was 5.08% of the total AUM. The fund house had an equity AUM of Rs 1.65 lakh crore as of April 2024.
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Nippon India Mutual Fund
The fund house had a total cash pile of Rs 5,130 crore as of April 2024. This was 2.02% of the fund house. The equity AUM of the fund house was Rs 2.48 lakh crore as of April 2024.
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The fund house was sitting on Rs 3,825 crore cash pile as of April 2024 which was 2.12% of the total AUM. The equity AUM of the fund house was Rs 1.76 lakh crore.
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Franklin Templeton Mutual Fund
The fund house was sitting on Rs 3,560 crore cash pile as of April 2024 which was 4.47% of the total AUM. The equity AUM of the fund house was recorded at Rs 76,097 crore as of April 2024.
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The fund house was sitting on Rs 3,430 crore cash pile as of April 2024. This was 3.88% of the total AUM. The equity AUM of the fund house was Rs 84,999 crore as of April 2024.
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