The New Fund Offer (NFO) will open on November 6 and close on November 10, with the scheme reopening for continuous sale and repurchase from November 14.
The fund will be benchmarked against the Nifty 50 Arbitrage TR Index.
According to the fund house, the scheme will follow a fully hedged, risk-conscious strategy to deliver relatively stable returns. The asset allocation framework allows investment of 65–100% in equity and equity-related instruments, 0–35% in debt and money market instruments, and up to 10% in units issued by REITs and InvITs.
The minimum investment amount is ₹5,000, with an exit load of 0.25% applicable if units are redeemed within seven days.
The scheme is positioned as an option for investors seeking to park short- to medium-term surplus funds while retaining liquidity and benefiting from equity taxation.
Ruchi Pandey, Chief Executive Officer of Old Bridge Mutual Fund, said the new fund reflects the firm’s focus on consistency and a disciplined investment approach. “With the Arbitrage Fund, our goal is to offer investors a market-neutral solution that combines low-risk return potential with the tax efficiency of an equity-oriented product,” she said.
The launch follows Old Bridge’s earlier offering, the Old Bridge Focused Fund, which marked the firm’s entry into the mutual fund space. With the new scheme, the fund house aims to expand its product lineup while maintaining its research-driven and investor-centric approach.
