SBI SIP Alert: New Mutual Fund Scheme Launching Tomorrow - Start with Just ₹5,000!
India's leading mutual fund house, SBI Mutual Fund, has introduced a brand-new investment opportunity - the SBI Income Plus Arbitrage Active Fund of Fund (FoF). This fund combines debt and arbitrage mutual funds to offer a balanced investment option for those seeking both stable income and long-term capital growth.
Scheme Name: SBI Income Plus Arbitrage Active FoF
Type: Open-ended Fund of Fund
NFO Period: April 23 to April 30
Minimum Investment: ₹5,000 (subsequent investments allowed in any amount)
Fund Manager: Mr. Ardhendu Bhattacharya
This scheme aims to generate regular income and capital appreciation by investing primarily in:
50-65% in actively managed debt-oriented mutual fund units
35-50% in arbitrage mutual fund units
Up to 5% in money market instruments, cash, triparty repo, or similar avenues
The fund's benchmark is a mix of:
65% Nifty Composite Debt Index
35% Nifty 50 Arbitrage Index
This fund is ideal for:
Conservative investors seeking market-stable returns
High Net-Worth Individuals (HNIs)
Corporates managing treasury investments
Anyone looking for tax-efficient returns over a 2-3 year horizon
D.P. Singh, Deputy MD & Joint CEO of SBI Funds Management, stated:
"In today's volatile market environment, investors value stability and tax-efficiency. This fund offers a blend of both by allocating between debt and arbitrage strategies, aiming for market-neutral gains and reduced volatility."
Financial experts often stress that long-term investments in mutual funds can yield impressive returns. Historical data shows that many investors have gained far beyond expectations by staying invested. While market risks do exist, selecting the right fund and maintaining a long-term perspective can significantly improve your chances of success.
If you're exploring ways to grow your money with balanced risk and reward, this new SBI Mutual Fund scheme might just be the opportunity you've been waiting for.