HSBC Income Plus Arbitrage Active FoF Direct-Growth

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

The HSBC Income Plus Arbitrage Active FoF is a 11 yrs 4 m old fund and has delivered average annual returns of 7.56% since inception. HSBC Income Plus Arbitrage Active FoF Returns 1-Year 3-Year 5-Year 10-Year Since Inception 5.63% 7.88% 6.88% 7.0% 7.56%

NAV as of Sep 03, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹22.888+0.07% 1 day change	7.56% p.a.	App exclusive #NA View Ranked Funds	₹49 Cr

Historical NAV & returns

NAV: ₹22.888 as on Sep 03, 2025

This fund Category average

HSBC Income Plus Arbitrage Active FoF overview

Expense ratio	0.09% as on Aug 31, 2025
Exit load	0%
AUM (Fund size)	₹49 Cr
Lock-in Period	Nil
Age	11 yrs 4 m since Apr 09, 2014
Benchmark	NA
Min. investment	This scheme is currently not buyable
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

HSBC 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 Sep 04, 2025

Period	This fund	Category average
1 Month	0.0%	0.0%
3 Months	0.8%	0.88%
6 Months	4.16%	4.33%
1 Year	5.63%	6.09%
2 Years	8.35%	9.48%
3 Years	7.88%	9.98%
4 Years	6.3%	7.9%
5 Years	6.88%	9.18%
7 Years	6.97%	9.19%
10 Years	7.0%	8.9%

Asset allocationas on Mar 31, 2025

Large Cap -0.08%

Mid Cap -0.01%

Small Cap -0.01%

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

Cash & Call Money 29.895282%

SOV 23.641448%

Cash 21.007161%

AAA 17.723658%

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Mutual Fund 70.1%

Repo 21.94%

Net Current Assets 7.96%

Other Holdings

HSBC Arbitrage Fund Direct-Growth 35.77%

HSBC Short Duration Fund Direct-Growth 19.03%

HSBC Banking and PSU Debt Fund Direct-Growth 14.28%

HSBC Corporate Bond Direct-Growth 9.89%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
HSBC Income Plus Arbitrage Active FoF	N.A.	49 Cr	11 yrs 4 m	0.09%
Axis Income Plus Arbitrage Active FoF	N.A.	383 Cr	5 yrs 7 m	0.05%
Bandhan Income Plus Arbitrage Active FoF	N.A.	463 Cr	12 yrs 8 m	0.04%
ICICI Prudential Income Plus Arbitrage Active FoF	N.A.	594 Cr	12 yrs 8 m	0.03%
HDFC Income Plus Arbitrage Active FoF	N.A.	638 Cr	12 yrs 8 m	0.07%

Fund name	1M	6M	1Y	3Y	5Y	10Y
HSBC Income Plus Arbitrage Active FoF	0.0%	4.16%	5.63%	7.88%	6.88%	7.0%
Axis Income Plus Arbitrage Active FoF	0.02%	5.38%	8.12%	7.88%	6.78%	4.0%
Bandhan Income Plus Arbitrage Active FoF	0.03%	4.1%	7.95%	7.48%	6.02%	7.47%
ICICI Prudential Income Plus Arbitrage Active FoF	0.17%	4.95%	5.9%	12.12%	11.63%	9.45%
HDFC Income Plus Arbitrage Active FoF	-0.09%	5.62%	-0.59%	13.13%	15.63%	12.51%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HSBC Income Plus Arbitrage Active FoF	1.98	N.A.	0.64	0.98
Axis Income Plus Arbitrage Active FoF	1.87	N.A.	0.7	1.23
Bandhan Income Plus Arbitrage Active FoF	0.96	N.A.	0.96	1.65
ICICI Prudential Income Plus Arbitrage Active FoF	3.19	N.A.	1.63	3.21
HDFC Income Plus Arbitrage Active FoF	6.06	N.A.	1.04	1.55

View all Tax Efficient Income funds

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

Alpha	N.A.
Sharpe	0.64 vs. 1.34 Poor risk-adjusted returns
Beta	N.A.
Standard deviation	1.98 vs. 1.39 More volatile performance

Compare HSBC Income Plus Arbitrage Active FoF in detail with

About this fund

About HSBC Income Plus Arbitrage Active FoF

HSBC Income Plus Arbitrage Active FoF Direct-Growth is a Tax Efficient Income mutual fund scheme from Hsbc Mutual Fund. This fund has been in existence for 11 yrs 4 m, having been launched on 09/04/2014. HSBC Income Plus Arbitrage Active FoF Direct-Growth has ₹49 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 HSBC Income Plus Arbitrage Active FoF Direct-Growth as of 03/09/2025 is ₹22.89. The fund has an expense ratio of 0.09%, which is close to what most other Tax Efficient Income funds charge.

HSBC Income Plus Arbitrage Active FoF Direct-Growth returns of last 1-year are 5.71%. Since launch, it has delivered 7.57% average annual returns. The fund has doubled the money invested in it every 11 yrs.
The fund's credit profile is low indicating it has lent to borrowers whose quality is not too 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 HSBC Arbitrage Fund Direct-Growth, HSBC Short Duration Fund Direct-Growth, HSBC Banking and PSU Debt Fund Direct-Growth, HSBC Corporate Bond Direct-Growth, HSBC Dynamic Bond Fund Direct-Growth.

...

Fund AUM	49 Cr as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Gautam Bhupal

Mr. Bhupal holds a PGDBM and is a CA, CS and B.Com (Hons) Prior to joining HSBC Mutual Fund he was working with IDFC Asset Management Company Ltd., Motilal Oswal Securities Ltd., Infosys Ltd., Vickers Ballas Securities Ltd., SBC Warburg, UTI Securities Ltd.

Cheenu Gupta

Ms. Gupta is CFA Charter holder (USA), PGDBM (Finance) & B.E. (I.T) Prior to joining HSBC Mutual Fund, she has worked with L&T Mutual Fund, Canara Robeco Mutual Fund, Tata AIA Life Insurance Company as Fund Manager, ING Investment Management as Senior Research Analyst and UTI AMC Ltd. as Research Analyst.

Investment objective

The scheme seeks to generate income / long-term capital appreciation by investing in units of debt-oriented and arbitrage schemes and money market instruments.

HSBC Mutual Fund details

No. of schemes	44 view all schemes
Total AUM	1,29,985 Cr as on Jun 30, 2025
Address	9-11th Floor, NESCO - IT Park Bldg. 3, Western Express Highway, Goregaon East, Mumbai, 400063

More funds from HSBC Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
HSBC Credit Risk Fund	N.A.	657 Cr	21.5%	11.88%
HSBC Medium Duration Fund	N.A.	648 Cr	8.85%	8.29%
HSBC Low Duration Fund	N.A.	580 Cr	9.52%	8.11%
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund	N.A.	1,926 Cr	8.14%	7.69%
HSBC Corporate Bond Fund	N.A.	5,895 Cr	8.62%	7.59%

See all Debt funds from this AMC

Frequently asked questions

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

The current Net Asset Value (NAV) of the HSBC Income Plus Arbitrage Active FoF - Direct Growth plan is approximately ₹22.888 as of Sep 03, 2025.

What are the returns of this mutual fund scheme?

The HSBC Income Plus Arbitrage Active FoF is a 11 yrs 4 m old fund and has delivered average annual returns of 7.56% since inception.

HSBC Income Plus Arbitrage Active FoF Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
5.63%	7.88%	6.88%	7.0%	7.56%

How much does this mutual fund charge as expense ratio?

The HSBC Income Plus Arbitrage Active FoF - Direct Growth has an expense ratio of 0.09%, 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 HSBC Income Plus Arbitrage Active FoF currently has assets under management (AUM) or fund size valued at approximately 49 Cr as on Mar 31, 2025.

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

Credit Quality	Percentage of Portfolio
Cash & Call Money	29.895282%
SOV	23.641448%
Cash	21.007161%

What is risk level of HSBC 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 do I invest in HSBC 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 HSBC 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 HSBC Income Plus Arbitrage Active FoF is complete.

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

Redeeming your investments in HSBC 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 HSBC 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

App exclusive

in Tax Efficient Income

#NA

Exit Load: This fund has no exit load.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Return/Risk: The fund is performing poorly than its category.