{
  "id": 1446588,
  "title": "Nippon India MF launches NFO on Income Plus Arbitrage Omni FoF",
  "url": "https://urgent.news/2026/08/17/nippon-india-mf-launches-nfo-on-income-plus-arbitrage-omni-fof",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-17T07:22:23.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/nippon-india-mf-launches-nfo-on-income-plus-arbitrage-omni-fof/article71355261.ece"
  },
  "original_language": "en",
  "account": "Nippon India Mutual Fund has initiated the NFO for the Nippon India Income Plus Arbitrage Omni Fund of Fund, a new investment vehicle designed to provide enhanced risk-adjusted returns with reduced volatility and improved tax efficiency. The NFO closes for subscriptions on August 31. The fund will primarily invest in a mix of arbitrage MFs, active and passive debt MFs, with a maximum optional allocation of up to 5% in debt and money market instruments. At least 35% of the corpus will be invested in arbitrage funds, while the balance less than 65% will be allocated to active debt, passive debt funds and money markets. This structure makes the fund tax-efficient for investors with a minimum investment horizon of two years. Long-term capital gains are taxed at 12.5% if units are held beyond 24 months, while gains on holdings up to 24 months are taxed as per the investor's applicable slab rate. Unlike pure debt and arbitrage funds, this Fund of Fund combines these strategies within a single portfolio, managed by the fund house which decides on underlying scheme selection and allocation. This investment option is suitable for investors with a low tolerance for interest rate volatility seeking accrual returns and a holding period of two to three years.",
  "summary": "The Fund of Fund will invest almost the entire corpus in a combination of arbitrage MFs, active and passive debt MFs and an optional small proportion of a maximum 5 per cent in debt and money market instruments",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}