4 mutual funds had over Rs 20,000 crore cash in their portfolios in June

Mutual funds cut cash holdings by Rs 13,000 crore MoM to Rs 2.04 lakh crore; cash-to-AUM fell to 5.08%.

SBI MF held highest cash at Rs 34,654 crore (4.68% of AUM); ICICI Pru MF and HDFC MF followed with over Rs 27,000 crore each.

PPFAS MF had Rs 22,778 crore in cash (19.65% of AUM), down from 21.62% in May.

Unifi MF had highest cash-to-AUM ratio at 25.46% due to its small AUM base.