Income Plus Arbitrage Funds will be taxed at 12% after 2 years, yielding 6.3% post-tax returns. A 10 lakh investment is projected to generate an additional 43,000 rupees.
"income plus arbitrage fund is a new type of mutual fund which invests 65% in debt and 35% in arbitrage it is tax at only 12% after 2 years so post tax returns of 6.3% so your 10 lakh investment will generate an additional 43,000 rupees"
