Investment • 773 • 11
Mutual funds are one amongst the preferred avenues for PMS Managers to park their cash components presently. The data from SEBI shows that the Portfolio Management Service companies have recently more than doubled their reported allocations to the mutual funds in the last two years. The figures state that the allocation has grown from Rs 10,668 crores in the month of June 2020 to Rs. 24,537 crores in the month of June 2022.
Experts reveal that the liquid funds & other short-term mutual funds are becoming a preferred parking ground for several PMS Managers to store their liquid assets. Many PMS Managers are seen to invest in the different equity funds that include ETFs and offer certain convenient & efficient ways for deploying assets at a very low cost.
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