 
                  
Equity mutual fund managers opt to sit on nearly Rs 1.4 lakh crore of cash ahead of elections
The Parag Parikh Flexi Cap Fund emerged as the leader in cash reserves, holding an impressive Rs 9,457 crore in cash, which accounts for 14.8% of its assets. Other prominent funds with substantial cash holdings include HDFC Flexi Cap Fund, ICICI Pru Bluechip, SBI Contra Fund, HDFC Mid-Cap Opportunities Fund, and ICICI Pru Value Discovery Fund, each holding cash exceeding Rs 5,000 crore.
 
