HDFC Mutual Fund Introduces Income Plus Arbitrage Omni FOF for Balanced Investing

HDFC Mutual Fund has announced the launch of its latest offering, the HDFC Income Plus Arbitrage Omni FOF, designed to provide investors with a flexible and tax-efficient investment solution. The scheme will dynamically allocate between arbitrage strategies and active/passive debt-oriented schemes, adjusting portfolio duration and credit exposure based on market outlook.

Managed by Bhavyesh Divecha and Praveen Jain, the fund aims to generate consistent income while minimizing risk through diversification. Investors benefit from tax efficiency, as switching between schemes within the FOF does not incur taxation.

This NFO comes at a time when investors are seeking balanced options that combine stability with growth potential, making it a timely addition to HDFC’s portfolio.

Key Highlights

• Launch Date: February 27, 2026
• NFO Period: Open until March 11, 2026
• Fund Type: Open-ended Fund of Fund (FOF)
• Investment Strategy: Arbitrage + debt-oriented schemes
• Tax Efficiency: No taxation on internal scheme switches
• Fund Managers: Bhavyesh Divecha & Praveen Jain

This launch underscores HDFC Mutual Fund’s commitment to offering innovative, risk-managed solutions tailored to evolving investor needs.

Sources: CNBC TV18, The Economic Times, HDFC Mutual Fund Official Release