Axis Income Plus Arbitrage Active FoF Direct-Growth

Q: What are the returns of Axis Income Plus Arbitrage Active FoF?

The Axis Income Plus Arbitrage Active FoF is a 5 yrs 4 m old fund and has delivered average annual returns of 7.41% since inception. Axis Income Plus Arbitrage Active FoF Returns 1-Year 3-Year 5-Year Since Inception 10.14% 8.39% 7.2% 7.41%

Previously called: Axis Income Advantage FoF Direct-G

NAV as of Jun 05, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹14.6725+0.04% 1 day change	7.41% p.a.	#NA View Ranked Funds	₹151 Crs

Historical NAV & returns

NAV: ₹14.6725 as on Jun 05, 2025

This fund Category average

Axis Income Plus Arbitrage Active FoF overview

Expense ratio	0.05% as on May 31, 2025
Exit load	0% Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 12 months.!
AUM (Fund size)	₹151 Crs
Lock-in	No Lockin
Age	5 yrs 4 m since Jan 10, 2020
Benchmark	NA
Min. investment	SIP ₹1000 & Lump. ₹5000
Risk	Low to Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Axis Income Plus Arbitrage Active FoF Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jun 06, 2025

Period	This fund	Category average
1 Month	0.79%	0.78%
3 Months	3.99%	4.1%
6 Months	5.23%	5.6%
1 Year	10.14%	10.55%
2 Years	8.68%	8.66%
3 Years	8.39%	8.71%
4 Years	6.95%	6.94%
5 Years	7.2%	6.78%

Asset allocationas on Mar 31, 2025

Large Cap -0.0%

Mid Cap -0.0%

Small Cap -0.0%

Other Cap 0.12%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

SOV 58.939199%

Cash 23.980768%

A1+ 8.461041%

Cash & Call Money 5.24416893%

Top Debt Holdings

Others 2.64%

Allocation by Instruments

Mutual Fund 97.61522735000001%

CBLO 2.64107531%

Other Holdings

Kotak Nifty SDL Jul 2033 Index Fund Direct - Growth 19.14%

Kotak Equity Arbitrage Fund Direct-Growth 18.9%

Bandhan Arbitrage Fund Direct-Growth 17.58%

Axis Long Duration Fund Direct-Growth 11.94%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Axis Income Plus Arbitrage Active FoF	N.A.	₹151 Crs	5 yrs 4 m	0.05%
Nippon India Income Fund	N.A.	₹400 Crs	12 yrs 5 m	0.67%
SBI Magnum Income Fund	N.A.	₹1,855 Crs	12 yrs 5 m	0.77%
ICICI Prudential Bond Fund	N.A.	₹2,858 Crs	12 yrs 5 m	0.62%
LIC MF Medium to Long Duration Fund	N.A.	₹191 Crs	12 yrs 5 m	0.21%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Axis Income Plus Arbitrage Active FoF	0.79%	5.23%	10.14%	8.39%	7.2%	N.A.
Nippon India Income Fund	0.47%	5.46%	10.31%	9.12%	6.69%	8.22%
SBI Magnum Income Fund	0.9%	5.8%	10.8%	9.1%	7.33%	8.58%
ICICI Prudential Bond Fund	0.92%	5.99%	11.21%	9.38%	7.25%	8.16%
LIC MF Medium to Long Duration Fund	1.14%	6.45%	12.12%	9.54%	6.37%	7.27%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Axis Income Plus Arbitrage Active FoF	1.86	N.A.	0.94	1.62
Nippon India Income Fund	2.06	1.42	1.17	2.15
SBI Magnum Income Fund	1.65	1.16	1.4	2.87
ICICI Prudential Bond Fund	1.63	1.12	1.57	3.26
LIC MF Medium to Long Duration Fund	2.14	1.49	1.3	2.2

View all Medium To Long Duration funds

Key risk & return ratios Compared to other funds in the category

Alpha	N.A.
Sharpe	0.94 vs. 2.49 Poor risk-adjusted returns
Beta	N.A.
Standard deviation	1.86 vs. 1.68 More volatile performance

Compare Axis Income Plus Arbitrage Active FoF in detail with

About this fund

About Axis Income Plus Arbitrage Active FoF

Axis Income Plus Arbitrage Active FoF Direct-Growth is a Medium to Long Duration mutual fund scheme from Axis Mutual Fund. This fund has been in existence for 5 yrs 4 m, having been launched on 10/01/2020. Axis Income Plus Arbitrage Active FoF Direct-Growth has ₹151 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Axis Income Plus Arbitrage Active FoF Direct-Growth as of 05/06/2025 is ₹14.67. The fund has an expense ratio of 0.05%, which is less than what most other Medium To Long Duration funds charge.

Axis Income Plus Arbitrage Active FoF Direct-Growth returns of last 1-year are 10.45%. Since launch, it has delivered 7.42% average annual returns.
The fund's credit profile is high indicating it has lent to borrowers whose quality is great. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in Kotak Nifty SDL Jul 2033 Index Fund Direct - Growth, Kotak Equity Arbitrage Fund Direct-Growth, Bandhan Arbitrage Fund Direct-Growth, Axis Long Duration Fund Direct-Growth, SBI Nifty 10 yr Benchmark G-Sec ETF-Growth.

...

Fund AUM	₹151 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Devang Shah

Mr. Shah is B.Com and ACA. Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.

Hardik Shah

Mr. Shah has done B.E. Information Technology and MBA Finance. Prior to joining Axis Mutual Fund, he has worked with Nippon India Mutual Fund, Quantum Asset Management Company and ICAP India (P) Ltd.

Anagha Darade

Ms. Darade has done B.Com and CA Prior to joining Axis Mutual Fund, she has worked with Haribhakti & Co. and R.S. Sanghai & Associates

Investment objective

The scheme seeks to generate optimal returns over medium term by investing primarily in debt oriented mutual fund schemes and arbitrage funds.

Axis Mutual Fund details

No. of schemes	67 view all schemes
Total AUM	₹3,22,861 Crs as on Mar 31, 2025
Address	23rd Floor, One Lodha Place, S. B. Road, Lower Parel. Mumbai, 400013
Phone	022-24255161

More funds from Axis Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	3Y
Axis Gilt Fund	N.A.	₹836 Crs	11.58%	9.19%
Axis Strategic Bond Fund	N.A.	₹1,930 Crs	10.84%	9.04%
Axis Dynamic Bond Fund	N.A.	₹1,337 Crs	11.18%	9.0%
Axis Floater Fund	N.A.	₹181 Crs	11.64%	8.93%
Axis Credit Risk Fund	N.A.	₹363 Crs	10.18%	8.58%
Axis Corporate Bond Fund	N.A.	₹6,773 Crs	10.86%	8.57%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Axis Income Plus Arbitrage Active FoF?

The current Net Asset Value (NAV) of the Axis Income Plus Arbitrage Active FoF - Direct Growth plan is approximately ₹14.6725 as of Jun 05, 2025.

What are the returns of this mutual fund scheme?

The Axis Income Plus Arbitrage Active FoF is a 5 yrs 4 m old fund and has delivered average annual returns of 7.41% since inception.

Axis Income Plus Arbitrage Active FoF Returns

1-Year	3-Year	5-Year	Since Inception
10.14%	8.39%	7.2%	7.41%

How much does this mutual fund charge as expense ratio?

The Axis Income Plus Arbitrage Active FoF - Direct Growth has an expense ratio of 0.05%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Axis Income Plus Arbitrage Active FoF currently has assets under management (AUM) or fund size valued at approximately ₹151 Crs crore as of Mar 31, 2025.

To whom does Axis Income Plus Arbitrage Active FoF lend to?

The top 3 debt holdings of Axis Income Plus Arbitrage Active FoF are as follows

Holding Name	Percentage of Portfolio
Others	2.64%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Axis Income Plus Arbitrage Active FoF allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
SOV	58.939199%
Cash	23.980768%
A1+	8.461041%

What is risk level of Axis Income Plus Arbitrage Active FoF?

This is a Medium To Long Duration fund comes with Low to Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Axis Income Plus Arbitrage Active FoF?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Axis Income Plus Arbitrage Active FoF and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Axis Income Plus Arbitrage Active FoF is complete.

How can I redeem my investments in Axis Income Plus Arbitrage Active FoF?

Redeeming your investments in Axis Income Plus Arbitrage Active FoF is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Axis Income Plus Arbitrage Active FoF from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Medium to Long Duration

#NA

Return Consistency: This fund is one of the best in generating consistent return in it's category.
Volatility Protection: This fund is one of the best in protecting against volatility in it's category.
Return Outperformance: This fund has generated highest return amongst Medium to Long Duration funds in the last 5 Years.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Expense Ratio: This fund has the lowest expense ratio amongst actively/passively managed Medium to Long Duration funds.
Exit Load: This fund has no exit load.