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The lowest returns have been given by Mahindra Manulife Arbitrage Fund-Reg(G), Bank of India Arbitrage Fund-Reg(G) and Bajaj Finserv Arbitrage Fund-Reg(G) at 1.93%, 2.10% and 2.13%, respectively.
The arbitrage fund category has offered an average return of around 5.70% in 2023. The arbitrage schemes are benchmarked against Nifty 50 Arbitrage, which offered 6.54% during the same time period.
In another unexpected twist in what is turning out to be a Ekta Kapoor-style television drama,