Mutual Fund vs Mutual Funds

In a mutual fund, the mandate for the fund manages basically, you have given me money i have to invest. A mutial fron manager does not have thait discretion es. You can't be 80 percent gash in a mutual fund. Semu ill probably, you know, shut down, lock, lock your office and go away. But this is not the same as peemises. Pemises can mean as much cash as they want and go back into equity whenever they want. They have some common rule. So, for instance, when a pmes buys it has to have an arable bank account which means that I can't sell on day two of buying stock