Arbitrage funds!

Investors should not treat arbitrage funds for short-term needs like liquid funds to park money for 15 days to one month. At some point, markets will not have futures trading at a premium, and in those situations, the returns of arbitrage funds may be lower than a liquid fund. As long as investors are still coming in with a six-month horizon, they are decently protected, as there is risk involved in short time frames. Arbitrage funds are good choice for cautious investors who want to benefit from a volatile market without taking on too much risk.