HSBC Arbitrage Fund leads arbitrage mutual funds in six-month returns; delivers 3.0% gain

HSBC Arbitrage Fund delivered 3.0% returns over the last six months, leading arbitrage mutual funds.

The fund achieved a 6.7% CAGR over three years, according to ACE MF data on July 27.

Arbitrage funds aim to profit from price differences between cash and derivatives markets with low risk.

HSBC Arbitrage Fund's short-term performance outperformed peers in the arbitrage mutual fund category.