India, March 18 -- UTI Mutual Fund has launched a new Open Ended Growth scheme named "UTI 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 Mar 21 to Apr 03, 2025.

According to the offer document filed with SEBI, the entry and exit load is Nil.

The minimum application amount is Rs 1,000.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth.

The fund manager of the scheme will be Anurag Mittal, while the performance of the scheme will be benchmarked against CRISIL Short Duration Debt A-II Index.

The scheme shall seek to generate long-ter...