Arbitrage mutual funds exploit price differences between cash and derivatives markets, delivering equity-like taxation (12.5% LTCG, 20% STCG). They thrive on volatility, independent of interest rates. Top picks for April 2025 include Kotak Equity Arbitrage and Nippon India Arbitrage Funds. Selection is based on rolling returns, consistency, risk, and alpha.
Global Market Today: Asian stocks jump with US futures on Micron outlook
Asian markets surged, mirroring US futures, as Micron Technology’s stellar sales forecast reignited AI trade confidence. The chipmaker’s shares jumped significantly after projecting robust future