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News Mirae Asset Mutual Fund launches Mirae Asset Income plus Arbitrage Active FOF
Jun 16, 2025
Mutual Fund
Mirae Asset Mutual Fund launches Mirae Asset Income plus Arbitrage Active FOF
NFO period: 16th June - 30th June, 2025
Highlights of the NFO:
- Scheme type - An open-ended fund of funds schemes predominantly investing in units of actively managed debt-oriented and arbitrage mutual fund schemes.
- Investment objective - The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in a units of actively managed debt oriented and Arbitrage mutual fund schemes. The Scheme does not guarantee or assure any returns. There is no assurance that the investment objective of the Scheme will be achieved.
- Product suitability - This product is suitable for investors who are seeking to generate low volatility returns over short to medium term. Investments predominantly in units of activety managed Debt oriented and arbitrage Mutual Fund schemes.
- Minimum Application Amount - Rs. 5000/- and in multiples of Re. 1/- thereafter.
- Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).
- Fund Managers - Mr. Mahendra Jajoo
- Benchmark - The benchmark of Scheme is Nifty Short Duration Debt Index (60%) + Nifty 50 Arbitrage Index (TRI) (40%)
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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