14/10/2024, 2:37:03 pm

Sitting on 50% cash positions in some of our hybrid funds: Samco MF CIO

Samco MF, which has an AUM of nearly Rs 2,600 crore, believes that the markets are currently in a correction phase and, hence, is sitting on cash to deploy as opportunities emerge. In a conversation with Moneycontrol, Samco MF CIO Umeshkumar Mehta says that there are many signals that hint that the markets are realigning and momentum plays an important role in their investment strategy.