5 mutual funds had over Rs 10,000 crore cash in their portfolio in August

Mutual funds reduced their overall cash allocation by Rs 8,967 crore in August to Rs 1.98 lakh crore. Cash holdings as a percentage of total assets fell below 5% in August, hitting a nine-month low of 4.99% compared to 5.17% in December 2024. Total equity AUM at Rs 39.67 lakh crore. Here is a detailed breakup (Source: ACE MF) Cash kitty