India, Aug. 20 -- Nippon India Mutual Fund has launched a new Open Ended Growth scheme named "Nippon India Income Plus Arbitrage Omni 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 Aug 17 to Aug 31, 2026.
According to the offer document filed with SEBI, the entry and exit load is Nil.
The minimum application amount is Rs 500.00 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 Sushil Budhia, while the performance of the scheme will be benchmarked against CRISIL Short-Term Bond Fund Index.
The prim...