Rs 58,000 crore cash lying idle in 5 mutual fund schemes. Are stocks too expensive to buy?

Several mutual fund schemes are holding significant cash reserves, signaling caution amid high market valuations, particularly in mid and small-cap segments. While large-cap funds are deploying capital, mid-cap funds are increasing cash holdings. Some fund managers view cash as a strategic advantage, waiting for attractive valuations, while others prefer full deployment and internal allocation shifts.