Active equity mutual funds have increased their cash holdings, surpassing levels seen in May 2023, amid a significant market correction in October. This trend highlights a cautious approach by fund managers as they navigate recent volatility. Additionally, net new Systematic Investment Plan (SIP) additions have slowed for the third consecutive month, with the stoppage ratio reaching a five-month high in October. Despite this, liquid fund inflows remained strong. In terms of market performance, major firms have experienced substantial valuation losses, with State Bank of India's market valuation eroding by ₹34,984.51 crore, Hindustan Unilever declining by ₹27,830.91 crore, and HDFC Bank dropping by ₹46,729.51 crore. In contrast, Infosys saw a market capitalization increase of ₹13,681.37 crore during this tumultuous period.