Axis Income Plus Arbitrage Passive FoF
- NAV as on 24 Sep 2026
- ₹10.52-0.06%1 day
- Return since launch
- 5.2%
- 52-week range
- ₹10.01 — ₹10.53
- AUM
- ₹109 Cr
Axis Income Plus Arbitrage Passive FoF is a Tax Efficient Income hybrid fund from Axis Mutual Fund with ₹109 Cr under management, launched in 2025. The expense ratio is 0.41% and the SEBI riskometer reading is Low to Moderate.
Performance
Axis Income Plus Arbitrage Passive FoF NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +5.2% against +4.5% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.5% | +0.2 pts | 0.2% | 0.3% |
| 3M | 1.5% | +0.6 pts | 0.9% | 0.9% |
| 6M | 3.3% | +0.3 pts | 3.0% | 3.0% |
Since launch (28 Oct 2025): 5.2%
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.41%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.35%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.06%
- Exit load
- 0%
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NA
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at low to moderate risk — typically short duration debt schemes.
Portfolio
Axis Income Plus Arbitrage Passive FoF portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt76.2%
- Other23.9%
Market cap split
- Large79.2%
- Mid16.2%
- Small4.7%
- P/E
- 18.11
- P/B
- 2.61
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Axis CRISIL-IBX AAA Bond NBFC - Jun 2027 Index Fund Direct-Growth | Unclassified | 63.13% | ₹69.02 Cr | +60.80% | +61.34% | — |
| Axis Arbitrage Fund Direct-Growth | Unclassified | 35.94% | ₹39.30 Cr | +36.38% | +38.09% | — |
| Others | Others | 0.92% | ₹1.01 Cr | +5.61% | +2.98% | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 0.43% | 0.94% | +0.51% |
| Axis CRISIL-IBX AAA Bond NBFC - Jun 2027 Index Fund Direct-Growth | 63.60% | 63.13% | -0.47% |
| Axis Arbitrage Fund Direct-Growth | 35.97% | 35.94% | -0.03% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹1,975 Cr | 0.50% | 5.3% | 7.1% | 8.6% |
 ICICI Prudential Income Plus Arbitrage Omni FoF | ₹3,278 Cr | 0.26% | 5.8% | 7.2% | 8.9% |
 HDFC Income Plus Arbitrage Active FoF | ₹2,626 Cr | 0.34% | 5.1% | 5.3% | 8.9% |
| Axis Income Plus Arbitrage Omni FoF | ₹2,234 Cr | 0.54% | 5.3% | 6.7% | 6.9% |
 DSP Income Plus Arbitrage Omni FoF | ₹1,593 Cr | 0.86% | 4.5% | 6.5% | 7.3% |
 Franklin India Income Plus Arbitrage Active FoF | ₹143 Cr | 0.51% | 5.8% | 9.6% | 10.8% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeeks to generate optimal returns over medium term by investing in passive debt oriented mutual fund schemes and arbitrage funds.
Fund managers
- Aditya PagariaMr. Pagaria is a Bachelor in Management Studies and holds a Post Graduate Diploma in Business Management from Institute Of Technology And Management, SK Somaiya College. Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager - Fixed Income Operations.
- Devang ShahMr. 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 SatraMr. Satra is a MBA (Financial Planning and Services)Mr. Satra has been working as a Fixed Income Analyst for Axis Mutual Fund for more than 9 years.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months3.28% absolute | ₹60,000 | ₹61,968 | 3.28% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.