Mumbai: Fund houses are currently holding Rs 2 lakh crore in cash to capitalize on market corrections. While some firms do not engage in cash calls for mutual funds, they do for PMS and AIF. Open-end schemes hold Rs 1.25 lakh crore, with additional cash in balanced advantage and multi-asset funds ready for market downturns. Recent market fluctuations saw FIIs sell Rs 79,693 crore, while DIIs, including mutual funds, invested Rs 97,091 crore. Despite a 5% decline in indices, mutual fund contributions represent over 80% of DII investments, highlighting strategic investor behavior amidst volatility.