HSBC Income Plus Arbitrage Active FoF
- NAV as on 25 Sep 2026
- ₹22.73-0.01%1 day
- Return since launch
- 6.8%
- 52-week range
- ₹21.68 — ₹22.76
- AUM
- ₹530 Cr
HSBC Income Plus Arbitrage Active FoF is a Tax Efficient Income hybrid fund from HSBC Mutual Fund with ₹530 Cr under management, launched in 2014. Over three years it has returned 5.7% a year, against 8.3% for its category. The expense ratio is 0.51% and the SEBI riskometer reading is Moderate.
Performance
HSBC Income Plus Arbitrage Active FoF NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +4.8% against +5.4% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 4.8% | −0.4 pts | 5.2% | 5.4% |
| 2Y | 5.0% | −0.7 pts | 5.7% | 5.9% |
| 3Y | 5.7% | −2.6 pts | 8.3% | 6.8% |
| 5Y | 6.2% | −1.0 pts | 7.2% | 7.4% |
| 7Y | 6.1% | −2.1 pts | 8.2% | 7.6% |
| 10Y | 6.0% | −1.5 pts | 7.5% | 7.7% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.3% | 0.0 pts | 0.3% | 0.3% |
| 3M | 0.8% | −0.1 pts | 0.9% | 0.9% |
| 6M | 2.8% | −0.3 pts | 3.0% | 3.0% |
| 1Y | 4.8% | −0.4 pts | 5.2% | 5.4% |
| 2Y | 4.5% | −0.8 pts | 5.3% | 6.1% |
| 3Y | 6.7% | −1.5 pts | 8.3% | 8.1% |
| 5Y | 5.5% | −1.7 pts | 7.2% | 6.9% |
| 7Y | 6.1% | −2.1 pts | 8.2% | 7.9% |
| 10Y | 5.8% | −1.7 pts | 7.5% | 7.5% |
Since launch (9 Apr 2014): 6.8%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 5.4% | −2.1 pts | 7.5% |
| 2024 | 8.7% | −1.8 pts | 10.5% |
| 2023 | 7.9% | −3.9 pts | 11.8% |
| 2022 | 1.8% | −1.7 pts | 3.5% |
| 2021 | 4.2% | −6.7 pts | 10.9% |
| 2020 | 9.3% | +0.1 pts | 9.2% |
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
0.51%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.43%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.08%
- Exit load
- Exit load of 1% if redeemed within 1 year
- 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 moderate risk — typically medium duration debt and conservative hybrid schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.52 | 0.87 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.88 | 1.70 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 1.83 | 4.17 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
HSBC Income Plus Arbitrage Active FoF portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt71.5%
- Other28.6%
Market cap split
- Large59.9%
- Mid26.6%
- Small13.6%
- P/E
- 15.28
- P/B
- 2.00
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| HSBC Arbitrage Fund Direct-Growth | Unclassified | 36.43% | ₹193 Cr | +35.56% | +37.92% | +35.11% |
| HSBC Short Term Fund Direct-Growth | Unclassified | 31.98% | ₹170 Cr | +28.17% | +18.73% | +17.23% |
| HSBC Banking and PSU Debt Fund Direct-Growth | Unclassified | 15.86% | ₹84.11 Cr | +10.63% | +13.22% | +11.18% |
| HSBC Corporate Bond Direct-Growth | Unclassified | 15.10% | ₹80.04 Cr | +16.22% | +19.67% | +21.66% |
| Others | Others | 0.63% | ₹3.35 Cr | -0.86% | -0.04% | -0.44% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| HSBC Corporate Bond Direct-Growth | 15.80% | 15.10% | -0.70% |
| HSBC Short Term Fund Direct-Growth | 31.53% | 31.98% | +0.45% |
| HSBC Banking and PSU Debt Fund Direct-Growth | 15.65% | 15.86% | +0.21% |
| HSBC Arbitrage Fund Direct-Growth | 36.57% | 36.43% | -0.14% |
| Others | -0.11% | -0.05% | +0.06% |
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% | 7.0% | 8.5% |
 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% | 5.2% | 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% | 9.5% | 10.8% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
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.
Fund managers
- Asif RizwiMr. Rizwi has done B.Tech and PGDM from IIM-CPrior to joining HSBC MF, he has worked with L&T MF, Yes Bank, ICICI Bank, Nomura International plc and Deutsche Bank
- Mahesh A ChhabriaMr. Chhabria is a Commerce Graduate and has also pursued FCA and CFA.Prior to joining HSBC MF, he has worked with L&T AMC, Edelweiss Securities Ltd, Darivium Traditions Pvt. Ltd. and FIL Fund Management Pvt. Ltd.
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 months2.75% absolute | ₹60,000 | ₹61,650 | 2.75% | |
| 1 year4.83% annualised | ₹1,20,000 | ₹1,23,186 | 2.66% | |
| 3 years6.74% annualised | ₹3,60,000 | ₹3,99,980 | 11.11% | |
| 5 years5.49% annualised | ₹6,00,000 | ₹6,91,782 | 15.30% |
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.