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.
Lenskart shares drop 3% after 3 crore shares change hands in block deal; Platinum Jasmine likely seller
Lenskart Solutions shares fell over 3% to Rs 683 after a massive block deal worth Rs 2,047 crore saw 3.53 crore shares change hands. Platinum