Arbitrage funds received the highest net inflows among all mutual fund categories in 2023. What are arbitrage funds? How do they work? Will they continue to deliver good returns? Moneycontrol spoke to Kirtan Shah, founder of Credence Wealth Advisors, for answers.
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As per regulatory requirements, at least 65% of the corpus is allocated to arbitrage products, while the fund manager is free to choose the remaining 35% between arbitrage or debt products, depending on his view on the market.
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