Axis Income Plus Arbitrage Passive FoF Direct Growth

Axis Income Plus Arbitrage Passive FoF Direct Growth
Low to Moderate Risk
Launch date28 Oct 2025
Allotment date12 Nov 2025
End date11 Nov 2025
NAV₹10.00
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting  your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Exit load
28 Oct 2025
NA
Expense ratio, exit load and taxExpense ratio: NAInclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationNA
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹100
Min. for 2nd investment onwards₹100
Min. for SIP₹100
Fund managementDevang Shah
Oct 2025 - Present
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Education
Mr. Shah is B.Com and ACA.
Experience
Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
Also manages these schemes
Axis Liquid Direct Fund Growth
Axis Gilt Fund Direct Plan Growth
Axis Dynamic Bond Fund Direct Growth
Axis Strategic Bond Fund Direct Growth
Axis Conservative Hybrid Fund Direct Growth
Axis Short Duration Fund Direct Growth
Axis Treasury Advantage Fund Direct Growth
Axis Hybrid Fund Series 5 Direct Growth
Axis Hybrid Fund Series 6 Direct Growth
Axis Credit Risk Fund Direct Growth
Axis Arbitrage Fund Direct Growth
Axis Hybrid Fund Series 24 Direct Growth
Axis Equity Savings Fund Direct Growth
Axis Hybrid Fund Series 30 Direct Growth
Axis Hybrid Fund Series 32 Direct Growth
Axis Corporate Bond Fund Direct Growth
Axis Balanced Advantage Fund Direct Growth
Axis Fixed Term Plan Series 92 (154 Days) Direct Growth
Axis Aggressive Hybrid Fund Direct Growth
Axis Fixed Term Plan Series 96 (1124 Days) Direct Growth
Axis Fixed Term Plan Series 97 (1116 Days) Direct Growth
Axis Fixed Term Plan Series 100 (1172 Days) Direct Growth
Axis Fixed Term Plan Series 101 (1154 Days) Direct Growth
Axis Fixed Term Plan Series 102 (1133 Days) Direct Growth
Axis Fixed Term Plan Series 104 (1112 Days) Direct Growth
Axis Money Market Fund Direct Growth
Axis Retirement Fund Aggressive Plan Direct Growth
Axis Retirement Fund Dynamic Plan Direct Growth
Axis Retirement Fund Conservative Plan Direct Growth
Axis Fixed Term Plan Series 109 (111 Days) Direct Growth
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth
Axis Long Duration Fund Direct Growth
Axis Income Plus Arbitrage Passive FoF Direct Growth
Aditya Pagaria
Oct 2025 - Present
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Education
Mr. 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.
Experience
Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager - Fixed Income Operations.
Also manages these schemes
Axis Liquid Direct Fund Growth
Axis Banking & PSU Debt Direct Plan Growth
Axis Short Duration Fund Direct Growth
Axis Treasury Advantage Fund Direct Growth
Axis Equity Advantage Fund Series 1 Direct Growth
Axis Aggressive Hybrid Fund Direct Growth
Axis Money Market Fund Direct Growth
Axis Floater Fund Direct Growth
Axis Nifty AAA Bond Plus SDL Apr 2026 50:50 ETF FoF Direct Growth
Axis CRISIL IBX SDL May 2027 Index Fund Direct Growth
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth
Axis CRISIL IBX AAA Bond NBFC Jun 2027 Index Fund Direct Growth
Axis CRISIL IBX AAA Bond Financial Services Sep 2027 Index Fund Direct Growth
Axis CRISIL IBX AAA Bond NBFC HFC Jun 2027 Index Fund Direct Growth
Axis CRISIL IBX Financial Services 3 6 Months Debt Index Fund Direct Growth
Axis Income Plus Arbitrage Passive FoF Direct Growth
Hardik Satra
Oct 2025 - Present
View details
Education
Mr. Satra is a MBA (Financial Planning and Services)
Experience
Mr. Satra has been working as a Fixed Income Analyst for Axis Mutual Fund for more than 9 years.
Also manages these schemes
Axis Overnight Fund Direct Growth
Axis Income Plus Arbitrage Passive FoF Direct Growth
Karthik Kumar
Oct 2025 - Present
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Education
Mr. Kumar has done M.B.A, C.F.A, (USA) & B.E (Mechanical)
Experience
Prior to joining Axis Mutual Fund he has worked with SilverTree Hong Kong and Asiya Investment, Hong Kong
Also manages these schemes
Axis Arbitrage Fund Direct Growth
Axis Nifty 100 Index Fund Direct Growth
Axis Income Plus Arbitrage Active FoF Direct Growth
Axis Quant Fund Direct Growth
Axis Nifty 50 Index Fund Direct Growth
Axis Nifty Next 50 Index Fund Direct Growth
Axis Multi Factor Passive FoF Direct Growth
Axis Nifty Smallcap 50 Index Fund Direct Growth
Axis Nifty Midcap 50 Index Fund Direct Growth
Axis Nifty IT Index Fund Direct Growth
Axis BSE Sensex Index Fund Direct Growth
Axis Nifty Bank Index Fund Direct Growth
Axis Nifty 500 Index Fund Direct Growth
Axis Nifty500 Value 50 Index Fund DirectGrowth
Axis Momentum Fund Direct Growth
Axis Nifty500 Momentum 50 Index Fund Direct Growth
Axis Nifty500 Quality 50 Index Fund Direct Growth
Axis Income Plus Arbitrage Passive FoF Direct Growth
Fund house & investment objective
Axis Mutual Fund
Rank (total assets)#7 in India
Total AUM₹3,39,575.56Cr
Date of Incorporation04 Sep 2009
    Axis Income Plus Arbitrage Passive FoF Direct Growth is a NA Mutual Fund Scheme launched by Axis Mutual Fund.     This scheme was made available to investors on 04 Sep 2009.     Devang Shah is the Current Fund Manager of Axis Income Plus Arbitrage Passive FoF Direct Growth fund.     The fund currently has an Asset Under Management(AUM) of ₹3,39,576 Cr and     the Latest NAV as of 28 Oct 2025 is ₹10.00.  

    The Axis Income Plus Arbitrage Passive FoF Direct Growth is rated Low to Moderate risk.     Minimum SIP Investment is set to ₹100.     Minimum Lumpsum Investment is ₹100.     
  ;
Investment ObjectiveThe scheme seeeks to generate optimal returns over medium term by investing in passive debt oriented mutual fund schemes and arbitrage funds. 
 
;
Fund benchmarkNA
Scheme Information Document(SID)
Fund house contact details
Address
23rd Floor, One Lodha Place,S. B. Road, Lower Parel. Mumbai 400013
Phone
022-24255161
Launch Date
04 Sep 2009
E-mail
NA
Website
www.axismf.com
Peer ComparisonFund nameRating1Y3YFund Size(Cr)
Franklin India Technology Fund Direct Growth
NA
0.7%24.9%1,867.72
HDFC Small Cap Fund Direct Growth
4
7.6%24.7%36,827.67
Nippon India Small Cap Fund Direct Growth
4
0.3%24.4%66,136.11
Franklin India Mid Cap Fund Direct Growth
3
4.8%23.7%12,212.71
Franklin India Small Cap Fund Direct Growth
4
-0.8%23.5%13,265.80

Rank (total assets)	#7 in India
Total AUM	₹3,39,575.56Cr

Date of Incorporation	04 Sep 2009

Fund benchmark	NA

Fund name	Rating	1Y	3Y	Fund Size(Cr)
Franklin India Technology Fund Direct Growth	NA	0.7%	24.9%	1,867.72
HDFC Small Cap Fund Direct Growth	4	7.6%	24.7%	36,827.67
Nippon India Small Cap Fund Direct Growth	4	0.3%	24.4%	66,136.11
Franklin India Mid Cap Fund Direct Growth	3	4.8%	23.7%	12,212.71
Franklin India Small Cap Fund Direct Growth	4	-0.8%	23.5%	13,265.80