Can arbitrage funds sustain the momentum?
Arbitrage funds are expected to be a beneficiary of the decision of taxing capital gains on investments in debt funds at slab rate without indexation. Recent derivative expiry notes released by mutual fund houses are vocal about optimism around the spot-futures arbitrage strategy.
Gautam Kalia Rupesh Nagda Bhavesh Jain Association Of Mutual Funds Jm Financial Mutual Fund India Monetary Policy Committee Meeting
Source: moneycontrol.com