Indian equity funds’ cash holdings at 5-yr high on caution over valuations
Source: Business Standard Morningstar data showed the ICICI Prudential Value Discovery Fund, with a fund value of about $5.9 billion, saw its cash allocation climb to 14.7% by the end of August from 7% at the beginning of the year (Photo: Shutterstock) 3 min read Last Updated : Sep 25 2024 | 12:47 PM IST…