Wealth managers are recommending arbitrage funds to rich investors who wish to invest in equity funds but are looking for some economic turnaround signals before putting the money.
“We are asking HNI investors who want to put in lumpsum investments to stay invested in arbitrage funds which can help you earn between 5 per cent and 6 per cent. Once you see a turnaround in economic indicators for two consecutive months, like higher sales in auto or higher cement dispatches, investors could ..