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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.

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Investing In Mutual Funds: How much salary to invest in mutual funds

Financial freedom is the current talk of the town and a basic necessity in the current world. Investing for a better future remains the top priority of salaried professionals these days. Investing in the mutual funds is the most easy and convenient type of investment, with a lower risk than direct investment in stocks. But how much should you invest from your salary in mutual funds? Explained here

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