In March, several Indian midcap funds parked notable portions of their portfolios in cash. Axis Midcap Fund led with about 9.3% cash, while Taurus Mid Cap held 8.8%. HDFC Mid Cap reported 7.7% cash, and Baroda BNP Paribas and Bank of India Mid Cap funds followed with 7.5% and 6.5%.
Reports said BSE has overtaken NSE in derivatives F O turnover, but the apparent shift may be more accounting than behavior. Analysts point to notional turnover as a misleading metric that can inflate BSE’s totals, while premium turnover—seen as a truer activity gauge—still keeps NSE in the lead. Holiday effects also distorted volumes. Overall market activity declined, not structurally shifted.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
