Around four mutual fund houses had cash allocations of more than Rs 10,000 crore in their portfolio as of May 2024. Here is the break-up, according to data from ACE MF.
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The largest fund house had a cash allocation of Rs 27,070 crore in their portfolio as of May 2024. This allocation was 4.52% of the total AUM. The equity AUM of the fund house was Rs 5.72 lakh crore.
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ICICI Prudential Mutual Fund
The fund house had a cash holding of Rs 20,552 crore in their portfolio as of May 2024. This allocation was 6.37% of the total AUM. The equity AUM was Rs 3.02 lakh crore.
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The fund house had Rs 20,377 crore cash in its portfolio as of May 2024. This was 6.50% of the total AUM. The equity AUM of Rs 2.93 lakh crore.
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The total cash allocation by the fund house was Rs 10,641 crore as of May 2024. This was 15.24% of the total AUM. The equity AUM was Rs 59,196 crore.
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The other 38 mutual fund houses in the MF industry had cash allocation between Rs 5.09 crore to Rs 9,355 crore as of May 2024.
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