Data from Association of Mutual Funds in India shows that the arbitrage category has seen a net outflow of Rs 1,423 crore in the month of June. This is the largest outflow from the arbitrage category in this financial year.
There was a total redemption of Rs 5,357 crore this month in the arbitrage fund category, compared to Rs 3,768 crore in May and Rs 3,778 crore in April. In the last couple of months, the category has been losing money but the net inflows have been decent. The net inf ..