News From Press 10 mutual fund houses increase cash holding. Should you worry?

10 mutual fund houses increase cash holding. Should you worry?

Source: ET Sep 2, 2023

Around 10 mutual funds have increased their cash holding in July compared to that in June, data crunching by ETMutualFunds showed. The average cash holding by these 10 fund houses in July was 8.82% of their assets vis-a-vis 4.76% in June.

Samco Mutual Fund holds over 20% cash in July. The fund house holds 21.01% of its assets in cash.

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