Mutual funds raise cash by ₹12,726cr to ₹1.98L/cr in April
NewsBytes | May 14, 2026 6:40 PM CST
ICICI Prudential adds ₹4,825cr cash
Out of 49 fund houses, 25 increased their cash piles. ICICI Prudential led with a ₹4,825 crore bump, while SBI Mutual Fund held the most cash overall at nearly ₹30,000 crore.
Interestingly, PPFAS trimmed its stash but still kept almost 19% of its assets in cash, pretty cautious!
All this happened while Nifty rose 6.60% and Sensex gained 5.96%, highlighting that some funds are keeping options open even as markets climb.
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