Mahindra Manulife Mutual Fund introduces Income Plus Arbitrage Active FOF
Mahindra Manulife Mutual Fund has launched Mahindra Manulife Income Plus Arbitrage Active FOF, an open-ended fund of fund scheme predominantly investing in units of actively managed debt oriented and arbitrage mutual fund schemes. The NFO opens for subscription on November 21, 2025 and closes on December 01, 2025. No entry and exit load will be charged under the scheme. The minimum subscription amount Rs 1,000 and in multiples of Re 1 thereafter.
The performance of the scheme will be benchmarked against 60% CRISIL Composite Bond Index + 40% Nifty 50 Arbitrage (First Tier Benchmark) and its fund managers are Amit Garg, Rahul Pal and Mitul Doshi.
The investment objective of the scheme is to to generate long-term capital appreciation from a portfolio created by investing in actively managed debt oriented and arbitrage mutual fund schemes.
