10 mutual fund houses increase cash holding. Should you worry?
Some prominent mutual funds such as ICICI Prudential Mutual Fund (7.49%), Franklin Templeton Mutual Fund (6.61%), Axis Mutual Fund (6.45%), HDFC Mutual Fund (6.42%), Tata Mutual Fund (5.62%) and Kotak Mutual Fund (3.62%), and SBI Mutual Fund (3.06%) held a nominal percentage of their assets in cash in July.
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