Mahindra Manulife introduced its Income Plus Arbitrage Active Fund of Funds, designed for investors seeking relatively stable post-tax returns over a minimum horizon of 24 months. The scheme invests across arbitrage, debt, and related low-volatility instruments with a structured allocation framework. Fund managers highlighted that its blended approach aims to reduce short-term market fluctuations while offering predictability compared to pure equity strategies. 

Passive mutual fund assets increased 5.2% in October, reaching ₹13.67 lakh crore, supported by gold ETF inflows worth ₹7,743 crore. Analysts noted that investor preference continues to shift toward low-cost passive products amid high index stability and global uncertainty. In contrast, active equity fund inflows fell 8.8% to ₹6,026 crore as investors reassessed risk exposure. Industry data suggests a structural rise in passive adoption across retail and institutional segments.