<p>According to the Mutual funds performance report by domestic brokerage firm Sharekhan, cash levels declined by 8.9 per cent to Rs 13,045 crore in September 2009.<br />“At the end of the September investors pulled out money from all fund categories. Fund managers were maintaining high cash balance during August-end to meet the redemption requirements at the end of the September quarter,” Taurus Mutual Fund Managing Director RK Gupta said.</p>
<p>According to the Mutual funds performance report by domestic brokerage firm Sharekhan, cash levels declined by 8.9 per cent to Rs 13,045 crore in September 2009.<br />“At the end of the September investors pulled out money from all fund categories. Fund managers were maintaining high cash balance during August-end to meet the redemption requirements at the end of the September quarter,” Taurus Mutual Fund Managing Director RK Gupta said.</p>