Offer Price
₹10.00
Min. Investment
₹500
Open Date
02 Jun 2025
Close Date
11 Jun 2025
SIP Amount
₹100
Fund Status
Nippon India Income Plus Arbitrage Active Fund of Fund is a New Fund Offer (NFO) by Nippon Life India Asset Management Ltd. categorized under Fund of Funds. The NFO is open for subscription from 02 Jun 2025 to 11 Jun 2025. Investors can subscribe with a lumpsum investment of ₹500. The offer price is ₹10.00 per unit. The fund will be managed by Vikash Agarwal. The fund has a risk rating of 'Moderate' with an expected expense ratio of 0.29%. It will benchmark against CRISIL Short Term Bond Index.
The primary investment objective of the scheme is to achieve stable returns while navigating market volatilities for its investors. This objective will be pursued by strategically investing in a diversified portfolio of open-ended debt oriented schemes, and units of Arbitrage funds of Nippon India Mutual Fund or any other Mutual Fund(s). There is no assurance that the investment objective of the Scheme will be achieved.
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