Maximize your returns: Understanding income-plus-arbitrage fund of funds for tax efficiency
Income-plus-arbitrage fund of fund (FoF) schemes are increasingly attracting interest from fixed-income investors due to their tax efficiency. These funds invest less than 65% in fixed income and the balance in arbitrage strategies. This structure allows gains from the investments to be treated as long-term capital gains (LTCG) if held for more than 24 months…