India, May 26 -- Nippon India Mutual Fund has launched a new Open Ended Growth scheme named "Nippon India Income Plus Arbitrage Active Fund of Fund" with maturity period of 0 days from the launch date.
The New Fund Offer (NFO) price for the scheme is Rs 10.00 per unit, which will open for subscription from Jun 02 to Jun 11, 2025.
According to the offer document filed with SEBI, the entry and exit load is Nil.
The minimum application amount is Rs 500.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth, IDCW, IDCW-Reinvestment.
The fund manager of the scheme will be Rohit Hashmukh Shah, while the performance of the scheme will be benchmarked against CRISIL Short Term Bond Index.
The pr...