India, April 21 -- SBI Mutual Fund has launched a new Open Ended Growth scheme named "SBI Income Plus Arbitrage Active FOF" 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 Apr 23 to Apr 30, 2025.
According to the offer document filed with SEBI, the entry and exit load is Nil.
The minimum application amount is Rs 5,000.00 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 Ardhendu Bhattacharya, while the performance of the scheme will be benchmarked against NIFTY Composite Debt Index.
The investment objective of t...