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News SBI Mutual Fund launches SBI Income Plus Arbitrage Active FOF
Apr 23, 2025
Mutual Fund
SBI Mutual Fund launches SBI Income Plus Arbitrage Active FOF
NFO period: 23rd April - 30th April, 2025
Highlights of the NFO:
- Scheme type - An open-ended fund of funds (FOF) scheme investing in units of actively managed debt oriented schemes and actively managed Arbitrage mutual fund schemes.
- Investment objective - The investment objective of the scheme shall be to generate regular income and capital appreciation by investing in a mix of units of actively managed debt oriented schemes and actively managed Arbitrage mutual fund schemes.
- Product suitability - This product is suitable for investors who are seeking regular income and Capital appreciation. Investment primarily in units of actively managed debt oriented schemes and actively managed 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. Ardhendu Bhattacharya
- Benchmark - Tier I Benchmark - 65% Nifty Composite Debt Index + 35% Nifty 50 Arbitrage Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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