Nippon India MF launches Income Plus Arbitrage Omni Fund of Fund

Nippon India Mutual Fund has launched the Nippon India Income Plus Arbitrage Omni Fund of Fund. The new fund offer (NFO) is open for subscription from August 17, 2026, through August 31, 2026.

The scheme is designed for investors seeking lower volatility by combining arbitrage and debt-oriented investment strategies within a single portfolio. It targets a two- to three-year investment horizon, offering a mix of accrual-oriented debt exposure and arbitrage opportunities.

The fund intends to invest between 95% and 100% of its assets in a combination of arbitrage mutual funds, actively managed debt mutual funds, and passive debt mutual funds. It may also invest up to 5% in debt and money market instruments. The portfolio structure requires a minimum allocation of 35% to arbitrage funds, while the combined allocation to active debt funds, passive debt funds, and money market instruments will remain below 65%.