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News UTI Mutual Fund launches UTI Income Plus Arbitrage Active Fund of Fund
Mar 21, 2025
Mutual Fund
UTI Mutual Fund launches UTI Income Plus Arbitrage Active Fund of Fund
NFO period: 21th March - 03rd April, 2025
Highlights of the NFO:
- Scheme type - An open-ended fund of funds investing in units of debt oriented mutual fund schemes and arbitrage mutual fund schemes.
- Investment objective - The scheme shall seek to generate long-term capital appreciation by investing in units of debt oriented mutual fund schemes and arbitrage mutual fund schemes.
- Product suitability - This product is suitable for investors who are seeking long term capital appreciation. Investments in units of debt oriented mutual fund schemes and arbitrage mutual fund schemes
- Minimum Application Amount - Rs. 1000 and in multiples of Rs. 1/- thereafter.
- Plan/ Options available - The Scheme offers following Plans Direct Plan and Regular Plan having Growth Option only.
- Fund Managers - Mr. Anurag Mittal
- Benchmark - 60% CRISIL Short Duration Debt A-II Index + 40% Nifty 50 Arbitrage TRI.
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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