And I think a lot of the smaller companies will, if they have a good business model, good management team, if they are on the right side of tech disruption or if they are part of a global theme.
"Arbitrage funds are equity-oriented hybrid funds where the fund manager buys a security in the cash market and sells it in the future or derivative market at a premium, known as spreads. Bandhan AMC s arbitrage fund has seen positive momentum and outperformed its peers in the last three to six months. The fund has around 65-75% exposure in equity, with the remainder in debt and money market instruments."
From relying just on the Nifty 50’s PE ratio, the fund will now look at multiple factors. The last date for investors to exit if they do not approve of this change, is August 11.
So if your overall expenditure is going to grow at 7-8%, and the committed expenditures also grow at that rate, there will be some pressure on the discretionary expenditure.