Investors always notice when mutual fund houses sit on a lot of cash. Investors deduce that fund houses are sitting on cash because they think the market is overpriced or they are expecting a correction. No wonder that many mutual fund investors have been trying to find out the reasons why some equity schemes of Axis Mutual Fund are sitting on a huge pile of cash. Several equity schemes from Axis Mutual Fund have around 10-25% cash in their portfolios.
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