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Data● Neutral for TRUSTMF
HDFC Mid Cap and TrustMF Mid Cap among 5 midcap funds with highest cash holding
The brief
- Five midcap funds held between 4.85% and 7.19% cash in August portfolios
- Axis Midcap Fund had the highest cash allocation, followed by HDFC Mid Cap and TrustMF Mid Cap
- Cash buffers at midcap funds may limit near-term buying in Indian midcap stocks