Union MF launches Income Plus Arbitrage Active FoF

Union Mutual Fund has launched Union Income Plus Arbitrage Active FOF. This is an open-ended scheme that will combine debt investments with arbitrage strategies.

Commenting on the launch, Parijat Agrawal, Head – Fixed Income, Union AMC said: “Union Income Plus Arbitrage Active FOF is crafted with an aim to help investors navigate their investments without the burden of constant monitoring. By blending arbitrage and debt funds under a single structure, it simplifies access to professionally managed, tax-efficient income solutions.”

Also commenting on the product, Madhu Nair, MD & CEO, Union AMC said: “Higher taxation on conventional debt-oriented funds tends to impact net returns. This fund aims to offer better tax adjusted outcomes, making it a compelling choice for investors seeking tax efficient income generation within their portfolio.”