NFO Alert: Tata Mutual Fund Launches Tata Income Plus Arbitrage Active FOF

Tata Mutual Fund has introduced a new open-ended scheme: Tata Income Plus Arbitrage Active Fund of Fund (FOF) that aims to achieve long-term capital appreciation by investing in a mix of domestic debt and arbitrage mutual fund schemes. The fund caters to investors seeking exposure to diversified debt instruments with a minimum investment requirement of ₹5,000. There is no lock-in period, and the Exit Load is 0.25% for redemption within 30 days. It offers both direct and regular options.

Fund Details and Structure

The issue opens on 5th May 2025 and closes on 19th May 2025. The fund is categorised under “Debt: Others” and follows an open-ended structure, allowing investors flexibility in entry and exit. It offers both Growth and IDCW (Income Distribution cum Capital Withdrawal) plan options. 

The investment strategy revolves around allocating capital to a basket of domestic mutual funds, including those focused on debt instruments and arbitrage-based equity schemes, aiming to balance stability with potential capital appreciation. It takes the CRISIL Composite Bond Index (60), NIFTY 50 Arbitrage TRI (40) as a benchmark and has a Low to Moderate risk in the riskometer.

Fund Management Expertise

The scheme is jointly managed by Abhishek Sonthalia and Sailesh Jain, both of whom bring significant industry experience. Abhishek Sonthalia is a B.Com graduate and CFA Charter holder, with a management qualification from NITIE, and has previously worked with CRISIL Ltd. and TCS. 

Sailesh Jain, a commerce graduate with an MBA, has a rich background in financial markets, having worked with Invesco Mutual Fund, IDFC Securities Ltd (as Head of Derivatives), Quant Broking Pvt. Ltd, and IIFL in leadership positions

Read More: Tata Mutual Fund Announces Change in Fund Management for Tata Multicap Fund

Conclusion

Tata Income Plus Arbitrage Active FOF is a strategic addition to Tata Mutual Fund’s offerings, blending debt and arbitrage fund investments to target capital appreciation while leveraging experienced fund management.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.