Why Are Arbitrage Mutual Funds Profitable?
Arbitrage mutual funds, considered an option for short-term investment options such as liquid and ultra-short-term funds, attract investors’ late attention. According to data from the Association of Mutual Funds in India, Asset Management (AUM) assets under arbitrage funds increased by nearly 22% to Rs 63,310 crore on 26 July and 52,062 crores by 31 March…