SBI and PPFAS Mutual Fund among 5 AMCs that had over Rs 10,000 crore cash in their portfolio in November

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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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