StartupsET Techabout 2 hours ago
CAS fuels arbitrage fund NAV swings, experts urge caution
3 min read
Arbitrage fund NAVs surged an average 0.46% in a day, a 167% annualised yield, after the NSE introduced the closing auction session (CAS) for F&O stocks. Fund managers said teething troubles with the new system will cause skewed NAVs.
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