Listen to this article
SBI MF has launched SBI Income Plus Arbitrage Active FoF. The fund will invest in units of actively managed debt schemes and arbitrage MF scheme of SBI MF.
Income Plus Arbitrage FoF is a new fund category and is similar to debt funds but with additional tax benefits compared to pure debt funds.
In a press release, DP Singh, Deputy MD & Joint CEO, SBI Funds Management said, "The SBI Income Plus Arbitrage Fund of Fund aims to allocate investments between debt-oriented and arbitrage mutual fund schemes, depending on market conditions, to provide a combination of stability from debt and market-neutral returns from arbitrage. The scheme offers a suitable tax efficient option for conservative investors, HNIs, corporates managing treasuries and anyone looking for optimal post-tax returns over a 2–3-year horizon."
The first-tier underlying benchmarks for this fund are 65% Nifty Composite Debt Index and 35% Nifty 50 Arbitrage Index.
Ardhendu Bhattacharya, Fixed Income Fund Manager, will manage this fund.
To explore the ever-evolving world of Passives, join us on May 23 at Cafemutual Passives Conference at Taj Santacruz, Mumbai.
Register now by visiting this link: https://tinyurl.com/5b8mpvr4
To know more about Cafemutual Passives Conference 2025, visit www.cafemutualevents.com.
