Mumbai, April 22 -- SBI Mutual Fund, India's largest asset management company, has announced the launch of its latest offering - the SBI Income Plus Arbitrage Active Fund of Fund (FoF). This open-ended scheme is designed to provide a balanced investment approach, targeting regular income and capital appreciation by allocating capital across debt-oriented and arbitrage mutual fund schemes.

The New Fund Offer (NFO) opens on 23 April 2025, and will close on 30 April 2025. The fund aims to deliver tax-efficient, moderate returns over a medium-term horizon of two to three years, though it does not guarantee any returns.

The fund will allocate 50% to 65% of its portfolio to debt mutual fund schemes for income stability, while 35% to 50% will ...