India, April 29 -- Tata Mutual Fund has launched a new Open Ended Growth scheme named "Tata 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 May 05 to May 19, 2025.
According to the offer document filed with SEBI, the entry load is Nil and exit load is 0.25.
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 Sailesh Jain, while the performance of the scheme will be benchmarked against CRISIL Composite Bond Fund Index.
To provide long-t...