Around five fund houses were sitting on more than Rs 10,000 crore cash pile last month. Among 43 mutual fund houses, SBI Mutual Fund had the highest cash allocation in its portfolio as of August 2024. The largest fund house had Rs 30,675 crore cash in its portfolio which was 4.33% of the total AUM.
7 investing lessons from Jim Leitner for building the right market mindset
Leitner believes investors should remain open to new ideas and recognise that markets can challenge even experienced participants.