
NFO Alert: SBI Mutual Fund launches income plus arbitrage active FoF
Synopsis
SBI Mutual Fund has launched the SBI Income Plus Arbitrage Active FOF, an open-ended Fund of Fund investing in actively managed debt and arbitrage schemes. Aimed at delivering stable, tax-efficient returns, the scheme opens for subscription from April 23–30. With a flexible allocation strategy, it targets conservative investors, HNIs, and corporates seeking optimal post-tax returns over 2–3 years.

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Hans India
a day ago
- Hans India
Indian equities' outlook now neutral due to stellar show despite global headwinds: SBI report
New Delhi: An SBI Mutual Fund report on Monday changed the Indian equities' outlook to neutral from an underweight stance in 2024, as the domestic benchmark indices continue to perform well despite global uncertainties. From a contrarian viewpoint, this shift to neutral from underweight equities represents a healthier market outlook and better long-term entry points for investors, "though we are not yet ready to recommend overweight positions", said the SBI 'Market Outlook' report. The Indian equities gained in May despite tariff uncertainties. Nifty and Sensex increased 1.7 per cent and 1.5 per cent (on-month), respectively. FPIs turned net buyers even as overall market breadth weakened. The Q4 FY25 corporate earnings scorecard was modest (single-digit profit growth), but largely in line with expectations, which has helped to arrest incremental earnings, downgrades in May, according to the report. Even as metals, healthcare, capital goods, PSU banks, and chemicals have recorded a healthy profit growth, weakness in private banks results, coupled with a drag from Oil and Gas (ex OMCs), put pressure on profitability. "Earnings growth is expected at around 10.5 per cent in FY26. Revival in India's economic growth and hence topline is critical for the expectations to be met," the report further stated. In the context of the Indian equity market, valuations have become more reasonable after the recent decline in Indian 10-year bond yields and a de-rating in price-to-earnings multiples. "Our preferred measure — the earnings yield to bond yield spread — now suggests modest valuations compared to last year's highs," the report mentioned. 'In our view, quality and long-term fundamentals will start getting rewarded versus narrative-based and, to some extent, speculative price action of the past year,' it added. The current turbulence should bring the focus back on fundamentals. "We remain of the view that increasingly the market will become more discerning and move back towards companies which have strong business models, long-term earnings growth visibility and sustainable cashflows,' according to the report. Q4 FY25 real GDP came in at 7.4 per cent compared to 6.4 per cent in Q3, surpassing RBI's and market expectations of 7.2 per cent and 6.8 per cent, respectively. This growth was primarily driven by a sharp rebound in fixed asset investments and sustained momentum in agricultural activity, even as aggregate private consumption remained underwhelming. "We expect India's growth to be flat at 6-6.5 per cent in FY26. While the tariff troubles have been averted for now, global policy uncertainty is a risk to India's growth," it added.


Mint
6 days ago
- Mint
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Solar Industries India's share price continued its upward march, climbing over one per cent in intraday trade on the BSE on Wednesday, June 4, and appeared set to extend gains for a third consecutive session even as it said SBI Mutual Fund trimmed its stake in it on June 2 through market sale. Solar Industries India's shares opened at ₹ 16,742.95 against their previous close of ₹ 16,626.30 and climbed over a per cent to an intraday high of ₹ 16,800. Around 2:05 PM, the stock traded 1 per cent up at ₹ 16,789.60. Through an exchange filing during market hours on June 4, the company said SBI Mutual Fund sold 20,413 shares of the company on May 30 in the market. Before the disposal of the shares, SBI Mutual Fund, under its various schemes, held 33,75,923 shares, or 3.7307 per cent stake, of the company which stood at 33,55,510 shares, or 3.7082 per cent stake, after the share sale. "We wish to inform you that there has been a change in the shareholding of SBI Mutual Fund under its various schemes, in the company, decreasing by 2 per cent. SBI Mutual Fund, under its various schemes, has sold 20,413 shares of the company on May 30, 2025, representing 0.0226 per cent of the paid-up share capital of the company. The final holding of SBI Mutual Fund at the close of business hours on June 2 was 33,55,510 shares, which is 3.7082 per cent of the paid-up share capital of the company," read a note from SBI Mutual Fund, shared by Solar Industries India through an exchange filing on June 4. Solar Industries India has seen a solid gain of over 90 per cent over the last year, hitting a 52-week high of ₹ 16,814.30 on June 3 this year and a 52-week low of ₹ 7,889.95 on June 4 last year. Year-to-date, the stock has jumped by 70 per cent, while in the last month, it has risen by over 25 per cent. Read all market-related news here Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions, as market conditions can change rapidly, and circumstances may vary.
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Business Standard
15-05-2025
- Business Standard
SBI's new Index Fund targets Top 30 quality stocks - How you can invest
SBI Mutual Fund, India's largest fund house, on Thursday launched the SBI Nifty200 Quality 30 Index Fund, an open-ended scheme replicating/ tracking Nifty200 Quality 30 Index. The New Fund Offer (NFO) period for the scheme is May 16 – 29, 2025. The investment objective of the scheme is to provide returns that correspond to the total returns of the securities as represented by the underlying index, subject to tracking error. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. The Nifty200 Quality 30 index includes top 30 companies from its parent Nifty 200 index, selected based on their 'quality' scores. The quality score for each company is determined based on return on equity (ROE), financial leverage (Debt/Equity Ratio) and earning (EPS) growth variability analysed during the previous 5 years. The weights of the stocks are derived from their Quality scores and square root of free float market cap. The stock weight is capped at 5% The scheme would primarily invest a minimum of 95% and a maximum of 100% of its assets in stocks comprising the Nifty200 Quality 30 and up to 5% in Government securities (like G-Secs, SDLs, and treasury bills), including triparty repo and units of liquid mutual fund. The minimum application amount during the NFO is of Rs. 5,000 and in multiples of Re. 1 thereafter with additional purchases of Rs. 1,000 and in multiples of Re. 1 thereafter. Investments can also be done through daily, weekly, monthly, quarterly, semi-annual, and annual SIP (Systematic Investment Plan). The Nifty200 Quality 30 Index is designed to track the performance of the top 30 companies within the Nifty200 index, selected based on stringent quality metrics such as financial health, profitability, and sustainable growth. "I believe the SBI Nifty200 Quality 30 Index Fund can be a valuable addition for investors, enabling them to invest in quality companies passively for long-term wealth creation," said Nand Kishore, MD & CEO, SBI Funds Management Limited. The fund manager for the SBI Nifty200 Quality 30 Index Fund is Viral Chhadva, who has been associated with the fund house since December 2020. He currently manages passive offerings such as the SBI Nifty50 Equal Weight ETF (an open-ended Exchange Traded Fund replicating/tracking the Nifty 50 Equal Weight Index), the SBI Nifty50 Equal Weight Index Fund (an open-ended scheme replicating/tracking the Nifty 50 Equal Weight Index), and the SBI Nifty 500 Index Fund (an open-ended scheme replicating/tracking the Nifty 500 Index). 'The Nifty200 Quality 30 Index represents a focused selection of high-quality companies from the broader Nifty200 universe, chosen through rigorous metrics such as financial strength, consistent profitability, and long-term growth potential. With the launch of the SBI Nifty200 Quality 30 Index Fund, we aim to offer investors a smart, relatively low-cost solution to gain exposure to quality businesses and build long-term wealth through a passive approach," said D P Singh, Deputy MD & Joint CEO, SBI Funds Management Limited. What Does This Fund Offer? Index-based passive investing: The fund passively mirrors the Nifty200 Quality 30 Index, allowing investors to benefit from the performance of these top-tier companies without trying to beat the market. Low minimum investment: You can start with just ₹5,000 during the New Fund Offer (NFO) period, which runs from May 16 to May 29, 2025. Flexibility: Investors can set up SIPs (Systematic Investment Plans) daily, weekly, monthly, or even annually. No long-term exit load: Withdraw within 15 days and pay a 0.25% exit load. Exit after that, and it's free.