Suggested InvestmentHorizon: 3 month
Time taken to doublemoney: 9.7 YearsReturns from arbitrage schemes have been almost similar to that of liquid schemes. In the past one year, arbitrage schemes have returned 3.01% on an average, while liquid schemes have generated 3.54%. In the past three months, arbitrage schemes have generated 2.68% as against 2.96% by liquid funds.
Investment advisors expect returns from arbitrage schemes to improve in the months ahead.
“There is heightened volatility in the equity markets which will lead to higher spread between spot and future prices, thereby generating higher returns,” says Viral Bhatt, founder, Money Mantra. He expects arbitrage funds to generate about 50-100 basis points higher returns than liquid funds over the next three to six months.
Netizens flood Twitter with memes as Sitharaman announces Budget 2021
Budget 2021: The Indian middle class was hooked onto news channels. When the Finance Minister was presenting the annual Budget, netizens came out with their own interpretations
Mehak Agarwal | February 1, 2021 | Updated 14:29 IST
While beginning her Budget 2021 speech, the Finance Minister said that it came in the most unprecedented times and the government is geared up to facilitate revival of the economy
When Union Finance Minister Nirmala Sitharaman was announcing her third consecutive budget, social media users were busy doing what they do best make memes.
The Indian middle class was hooked onto news channels. When the Finance Minister was presenting the annual Budget, netizens came out with their own interpretations