Mutul Funds keep cash buffers high in July amid market volatility
Unifi Capital, Baroda BNP Paribas, and PGIM India Mutual Fund reduced cash holdings to 14.3 percent, 3.4 percent, and 3 percent respectively, down from 25.5 percent, 6.4 percent, and 5 percent in June. markets After two consecutive months of decline, active equity mutual funds maintained elevated cash buffers in July, signalling fund managers’ continued caution…
