If you cannot beat FIIs, join them
The Indian investor's cup of woe is overflowing. This time around not for any Indian reason. What we witness today is the other side of the globalisation coin.

For mutual fund managers, cash is king
A number of open-ended debt funds have moved to cash/short-term securities, thanks to the interest rate uncertainty. Most of these funds currently have more than 50% of their holdings in either the money market or securities with a maturity of 3 to 6 months.