Mutual Fund Cash Hits 16-Month Low Amid Aggressive Buying in Market Fall
Motilal Oswal Mutual Fund cut its cash holdings to ₹3,124 crore from ₹6,722 crore, while Quant Mutual Fund lowered its cash to ₹10,000 crore from ₹13,000 crore. HDFC Mutual Fund also reduced its holdings to ₹21,352 crore from ₹23,579 crore.