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'Mutual funds sit on huge cash pile of 22,908 cr'

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Posted: Wednesday, Apr 02, 2008 at 1454 hrs IST
Updated: Wednesday, Apr 02, 2008 at 1454 hrs IST


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Mumbai, April 2: : 2008. The AUM of equity MFs stood at Rs 2,07,659 crore in February, down by 2.6 per cent from January 2008. However, on adjusting for net inflows, the fall was steeper at 5.8 per cent.

This was more than the market decline of approximately 2.8 per cent....

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