5 equity diversified funds that are choosing to hold money rather than invest

What are diversified funds?

These funds have the flexibility to invest across various asset classes.

However…

Some of these funds are currently sitting on a lot of cash rather than investing.

Why?

They may either be wary of market uncertainty or waiting for the right opportunities.

Which funds are these?

Let’s look at five such funds that are not investing right now.

#1 Samco ELSS Tax Saver

Cash allocation: 21.3%, Value Research rating: Unrated

#2 Quantum Small Cap

Cash allocation: 19.5%, Value Research rating: Unrated

#3 Parag Parikh ELSS Tax Saver

Cash allocation: 18.1%, Value Research rating: 5/5

#4 Old Bridge Focused Equity

Cash allocation: 17.7%, Value Research rating: Unrated

#5 Parag Parikh Flexi Cap

Cash allocation: 14.5%, Value Research rating: 5/5

Important note

The data is as of March 31, 2024. Only diversified equity funds and ratings of direct plans have been considered.

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