Low returns of 3-3.5% from arbitrage funds over the past one year saw rich investors withdrawing ₹20,048 crore from this category over the past three months, with bank deposits or liquid funds gaining traction in the bargain. But with the sharp rally increasing spreads between cash and futures arbitrage, returns from arbitrage schemes are on the rise again.
Added to this, the fact that they enjoy equity taxation, which increases post-tax return, fund managers expect money to start comin ..
