Hi Friends,
I’ve been using Arbitrage Funds for more than 5-6 years for my surplus funds/liquidity needs and have always gotten close to 7% returns…
However in last 1 year or so they have started giving lesser returns, just barely touching 5% now 
Have the Arbitrage opportunities that they are supposed to use to generate returns suddenly disappeared from the Equity market OR is something else going on?
Can someone please shed some light on this or point me in the correct direction…
Thanks in advance!!