India, Jan. 2 -- Sundaram Mutual Fund has launched a new Open Ended Growth scheme named "Sundaram 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 Jan 05 to Jan 08, 2026.

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 Kumaresh Ramakrishnan, while the performance of the scheme will be benchmarked against NIFTY Short Duration Debt Index A-II.

The scheme ...