UTI MF introduces Income Plus Arbitrage Active Fund of Fund
UTI Mutual Fund has launched UTI Income Plus Arbitrage Active Fund of Fund, an open-ended fund of funds investing in units of debt oriented mutual fund schemes and arbitrage mutual fund schemes. The NFO opens for subscription on March 21, 2025 and closes on April 03, 2025. The Entry Load is not applicable and the Exit Load is nil for the scheme. The minimum subscription amount is Rs 1,000 and in multiples of Re 1 thereafter.
The performance of the Scheme will be benchmarked with 60% CRISIL Short Duration Debt A-II Index + 40% Nifty 50 Arbitrage TRI and its fund manager is Anurag Mittal.
The investment objective of the Scheme is to generate long-term capital appreciation by investing in units of debt oriented mutual fund schemes and arbitrage mutual fund schemes.
