Mahindra Manulife Mutual Fund Launches New Income Plus FOF

Mahindra Manulife Mutual Fund launched its Income Plus Arbitrage Active Fund of Funds (FOF), targeting stable post-tax returns over 24 months with a debt-arbitrage mix. The fund aims to offer risk managed income during volatile market conditions, giving investors an opportunity to gain from arbitrage opportunities in the debt market. This move is aligned with the current market demand for safer, income generating investments.