Quant Mutual Fund doubled its cash holdings in July, raising it to Rs 12,269 crore from Rs 5,861 crore in June. The Small Cap Fund had the highest cash allocation at Rs 3,223.24 crore. The total equity assets managed by the fund house reached Rs 75,186 crore as of July 2024, reflecting cautious market positioning.
Gold prices may face near-term retracement due to stronger dollar, yields
Stronger bond yields, a rising US dollar, and risk-on sentiment in equities may lead to a short-term retracement in gold prices, according to the World