Out of its 21 equity mutual fund schemes, three held over ₹500 crore in cash in their portfolios as of June. Quant Flexi Cap Fund led the way with the highest cash allocation, reducing its holdings from ₹1,411 crore in May to ₹867.93 crore in June. Despite this significant decrease, the fund's total equity AUM remained substantial at approximately ₹6,017.25 crore.