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SBI and PPFAS Mutual Fund among 5 AMCs that had over Rs 10,000 crore cash in their portfolio in November
Mutual funds have reduced overall cash allocation by over Rs 7,149 crore to Rs 2.01 lakh crore in November against Rs 2.09 lakh crore in November. The cash as a percentage of AUM was also reduced to 4.68% from 4.94% in October. Here is detailed breakup (Source: ACE MF)
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