Income-plus arbitrage fund of funds offer a stable, tax-efficient fixed-income option for investors seeking to avoid equity and recent precious metal volatility. These schemes blend debt and arbitrage strategies, providing stability from debt and low-risk, tax-advantaged returns from arbitrage opportunities.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs