Think Twice before Falling for ‘Equity Savings’ or ‘Equity Income’ Schemes
Arbitrage schemes of mutual funds (MFs) take advantage of mispricing in the spot and derivative market of equities. Pure arbitrage schemes do not take unhedged equity exposure and their returns are in line with those of liquid schemes. Over the past couple of years, several versions of arbitrage schemes were launched as the category turned attractive after the Union Budget 2014 modified the...
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