An Open-ended Fund of Fund Scheme investing in units of domestic Arbitrage Schemes and active/ passive Debt-oriented Schemes
Investment Objective: To generate income / long-term capital appreciation by investing in units of domestic Arbitrage Schemes and active/passive Debt-oriented Schemes.
(source: hdfcfund.com)
Why invest in HDFC Income Plus Arbitrage Omni FOF?
Aims to invest dynamically in units of Arbitrage Scheme and Active / Passive Debt-oriented Schemes after evaluating various parameters like arbitrage spreads between the cash market and Future & Options market, credit risk, interest rate risk, RBI monetary policy outlook, shape of the yield curve, liquidity risk, and others as found suitable by the Fund Manager
Decision is taken by an experienced Fund Manager
No taxation incurred when switching between schemes
^12.5% tax rate for holding period exceeding 24 months -> Makes HDFC Income Plus Arbitrage Omni FOF more tax-efficient
^Surcharge as applicable + Health and Education Cess applicable at 4% on aggregate of base tax + surcharge. In view of the individual nature of tax consequences, each investor is advised to consult his / her own professional tax advisor. The information given here is neither a complete disclosure of every material fact of Income Tax Act (1961), nor it constitutes a legal or tax advice.
