Axis Income Plus Arbitrage Active FoF

Q: What are the returns of this mutual fund scheme?

The Axis Income Plus Arbitrage Active FoF is a 6 yrs old fund and has delivered average annual returns of 6.81% since inception. Axis Income Plus Arbitrage Active FoF Returns 1-Year 3-Year 5-Year Since Inception 7.26% 7.6% 6.41% 6.81%

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹14.8716-0.03% 1 day change	6.81% p.a.	App exclusive #NA View Ranked Funds	₹2,268 Cr

Historical NAV & returns

NAV: ₹14.8716 as on Feb 02, 2026

This fund Category average

Axis Income Plus Arbitrage Active FoF overview

AUM (Fund size)	₹2,268 Cr
Exit load	0%
Lock-in Period	Nil
Age	6 yrs since Jan 10, 2020
Benchmark	NA
Min. investment	SIP: ₹1000 & Lumpsum: ₹1000
Expense ratio	0.45% as on Jan 29, 2026
Plan type	Regular
Risk	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 Feb 03, 2026

Period	This fund	Category average
1 Month	0.21%	-2.01%
3 Months	0.97%	-1.3%
6 Months	2.21%	-0.13%
1 Year	7.26%	4.62%
2 Years	7.79%	7.0%
3 Years	7.6%	7.78%
4 Years	6.86%	7.26%
5 Years	6.41%	7.19%

Asset allocationas on Dec 31, 2025

Large Cap -0.18%

Mid Cap -0.08%

Small Cap -0.02%

Other Cap -0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 38.295738%

Cash 35.617826%

SOV 13.52161%

A1+ 7.731435%

Top Debt Holdings

Others 3.35%

Allocation by Instruments

Mutual Fund 98.26%

CBLO 3.35%

Other Holdings

Axis Corporate Bond Fund Direct-Growth 36.55%

Axis Arbitrage Fund Direct-Growth 21.98%

Aditya Birla Sun Life Arbitrage Fund Direct-Growth 12.99%

Kotak Arbitrage Fund Direct-Growth 8.14%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Axis Income Plus Arbitrage Active FoF	0.21%	2.21%	7.26%	7.6%	6.41%	N.A.
Bandhan Income Plus Arbitrage Active FoF	0.17%	2.1%	6.55%	7.05%	5.77%	6.95%
ICICI Prudential Income Plus Arbitrage Omni FoF	0.19%	2.51%	6.53%	10.94%	9.99%	9.24%
HSBC Income Plus Arbitrage Active FoF	0.12%	1.93%	5.31%	7.26%	5.66%	6.44%
HDFC Income Plus Arbitrage Active FoF	0.11%	1.97%	3.97%	12.04%	12.28%	12.38%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Axis Income Plus Arbitrage Active FoF	1.81	N.A.	0.72	1.27
Bandhan Income Plus Arbitrage Active FoF	0.92	N.A.	0.81	1.44
ICICI Prudential Income Plus Arbitrage Omni FoF	2.99	N.A.	1.51	2.99
HSBC Income Plus Arbitrage Active FoF	1.78	N.A.	0.58	0.86
HDFC Income Plus Arbitrage Active FoF	5.83	N.A.	0.95	1.37

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Axis Income Plus Arbitrage Active FoF	N.A.	2,268 Cr	6 yrs	0.45%
Bandhan Income Plus Arbitrage Active FoF	N.A.	1,993 Cr	21 yrs 5 m	0.29%
ICICI Prudential Income Plus Arbitrage Omni FoF	N.A.	2,473 Cr	22 yrs 2 m	0.18%
HSBC Income Plus Arbitrage Active FoF	N.A.	670 Cr	11 yrs 9 m	0.51%
HDFC Income Plus Arbitrage Active FoF	N.A.	2,461 Cr	14 yrs	0.33%

View all Tax Efficient Income funds

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

Alpha	N.A.
Sharpe	0.72 vs. 1.21 Poor risk-adjusted returns
Beta	N.A.
Standard deviation	1.81 vs. 1.37 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 is a Tax Efficient Income mutual fund scheme from Axis Mutual Fund. This fund has been in existence for 6 yrs, having been launched on 10/01/2020. Axis Income Plus Arbitrage Active FoF has ₹2,268 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Axis Income Plus Arbitrage Active FoF as of 02/02/2026 is ₹14.87. The fund has an expense ratio of 0.45%, which is higher than what most other Tax Efficient Income funds charge.

Axis Income Plus Arbitrage Active FoF returns of last 1-year are 7.29%. Since launch, it has delivered 6.82% average annual returns.
The fund's credit profile is moderate indicating it has lent to borrowers whose quality is good. 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 Axis Corporate Bond Fund Direct-Growth, Axis Arbitrage Fund Direct-Growth, Aditya Birla Sun Life Arbitrage Fund Direct-Growth, Kotak Arbitrage Fund Direct-Growth, Nippon India Corporate Bond Fund Direct-Growth.

...

Fund AUM	2,268 Cr as on Dec 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	70 view all schemes
Total AUM	3,65,749 Cr as on Dec 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	1Y	3Y
Axis Strategic Bond Fund	N.A.	2,059 Cr	7.5%	7.82%
Axis Credit Risk Fund	N.A.	368 Cr	8.1%	7.75%
Axis Floater Fund	N.A.	151 Cr	6.75%	7.67%
Axis CRISIL IBX 50:50 Gilt Plus SDL Jun 2028 Index Fund	N.A.	67 Cr	7.47%	7.63%
Axis CRISIL IBX SDL May 2027 Index Fund	N.A.	1,955 Cr	7.41%	7.58%

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 plan is approximately ₹14.8716 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Axis Income Plus Arbitrage Active FoF is a 6 yrs old fund and has delivered average annual returns of 6.81% since inception.

Axis Income Plus Arbitrage Active FoF Returns

1-Year	3-Year	5-Year	Since Inception
7.26%	7.6%	6.41%	6.81%

How much does this mutual fund charge as expense ratio?

The Axis Income Plus Arbitrage Active FoF has an expense ratio of 0.45%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

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 2,268 Cr as on Dec 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	3.35%

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
AAA	38.295738%
Cash	35.617826%
SOV	13.52161%

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

This is a Tax Efficient Income fund comes with Moderate risk.

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

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

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

Redeeming your investments in the Axis Income Plus Arbitrage Active FoF is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Tax Efficient Income

#NA

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 Tax Efficient Income funds in the last 2 Years.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.