Tata MF introduces Income Plus Arbitrage Active FOF
Tata Mutual Fund has launched Tata Income Plus Arbitrage Active FOF, an open-ended scheme replicating/tracking Nifty 50 Index. The NFO opens for subscription on May 05, 2025 and closes on May 19, 2025. The Entry Load is not applicable for the scheme. The Exit load - 0.25% of the applicable NAV, if redeemed / switched out / withdrawn on or before expiry of 30 Days from the date of allotment. The minimum subscription amount is Rs 5,000/- and in multiples of Re. 1/- thereafter.
The performance of the Scheme will be benchmarked at Crisil Composite Bond Fund Index (60%) + Nifty 50 Arbitrage Index (40%) (TRI) and its fund managers are Sailesh Jain and Abhishek Sonthalia.
The investment objective of the Scheme is to provide long-term capital appreciation by investing in domestic mutual funds including debt oriented mutual fund schemes & arbitrage-based equity mutual fund schemes.
