Apr 16, 2024, 06:25:52 PM IST
At the end of March, the total cash holding of all equity-based mutual funds stood at Rs 1.33 lakh crore, at 4.71%. Here is the list of seven mutual funds who were sitting on over Rs 5,000 crore cash pile, according to data by ACE MF.
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![SBI Mutual Fund](https://img.etimg.com/thumb/msid-109349848,width-640,height-480,resizemode-75,imgsize-46034/sbi-mutual-fund.jpg)
The largest fund house by assets managed was sitting on Rs 23,384.81 crore cash in March. This was 4.09% of the total AUM. The fund house had a total equity AUM of Rs 5.48 lakh crore. The total cash holding as a percentage of total AUM by the fund house in February was 4.51%.
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![ICICI Prudential Mutual Fund](https://img.etimg.com/thumb/msid-109349821,width-640,height-480,resizemode-75,imgsize-47028/icici-prudential-mutual-fund.jpg)
The fund house was sitting on Rs 20,886.52 crore cash in March. This was around 6.92% of the total AUM. The equity AUM of the fund house was Rs 2.81 lakh crore as on March 31, 2024.
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![HDFC Mutual Fund](https://img.etimg.com/thumb/msid-109349804,width-640,height-480,resizemode-75,imgsize-79794/hdfc-mutual-fund.jpg)
The fund house was sitting on Rs 19,562.38 crore cash pile. This was around 6.97% of the total AUM. The fund house had an equity AUM of Rs 2.61 lakh crore as on March 31, 2024.
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![PPFAS Mutual Fund](https://img.etimg.com/thumb/msid-109349788,width-640,height-480,resizemode-75,imgsize-46034/ppfas-mutual-fund.jpg)
PPFAS Mutual Fund was sitting on Rs 8,770 crore cash in March. The cash holding as a percentage of total AUM was 13.76%. The total equity AUM of the fund house was Rs 54,963.71 crore.
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![Axis Mutual Fund](https://img.etimg.com/thumb/msid-109349767,width-640,height-480,resizemode-75,imgsize-39708/axis-mutual-fund.jpg)
The fund house was sitting on a cash pile of Rs 7,723.73 crore in March. The cash holding as a percentage of total AUM was 4.52%. The fund house had an equity AUM of Rs 1.63 lakh crore.
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![Nippon India Mutual Fund](https://img.etimg.com/thumb/msid-109349759,width-640,height-480,resizemode-75,imgsize-701332/nippon-india-mutual-fund.jpg)
The fund house kept Rs 6,034.90 crore cash in its portfolio in March. This was around 2.55% of total AUM. The equity AUM of the fund house was Rs 2.30 lakh crore as on March 31, 2024.
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![Quant Mutual Fund](https://img.etimg.com/thumb/msid-109349747,width-640,height-480,resizemode-75,imgsize-30774/quant-mutual-fund.jpg)
The fund house was sitting on a cash pile of Rs 5,501.95 crore. This was 9.23% of the total AUM. The equity AUM of the fund house was Rs 54,126.31 crore as on March 31, 2024.
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