Axis Mutual Fund Launches Income Plus Arbitrage Passive FOF

Axis Mutual Fund has created a new investment plan called Axis Income Plus Arbitrage Passive FOF.

This fund combines two types of investments: debt funds and arbitrage funds.

The fund aims to give investors steady returns with lower risk.

It invests mostly in debt funds that use a roll-down strategy, meaning they focus on high-quality investments.

The other part is in arbitrage funds, which try to make money without taking big risks.

This fund is designed to be tax-efficient.

This new fund is suitable for those looking for a mix of security and better returns in the market.