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Experts advise caution as CAS fuels arbitrage fund NAV volatility

Partially corroborated51

Mumbai: Arbitrage fund investors were surprised Monday to see the net asset values (NAV) of their portfolios surge an average 0.46% in a single day, translating into an annualised yield of 167%. What explains such drastic movements in an asset class that barely yields 7% a year or about 0.02% a d...

First seen · latest update · India · business

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