| Launch date | 02 Jun 2025 |
| Allotment date | 17 Jun 2025 |
| End date | 11 Jun 2025 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.07%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within two years, returns are taxed as per your Income Tax slab. If you redeem after two years, returns are taxed at 12.5%.
Minimum investment amounts
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | ₹100 |
Fund management
Vikash AgarwalJul 2025 - PresentView details
Sushil BudhiaJun 2025 - PresentView details
Fund house & investment objective
| Rank (total assets) | #4 in India |
|---|---|
| Total AUM | ₹6,72,831.64Cr |
| Date of Incorporation | 30 Jun 1995 |
|---|
Nippon India Income Plus Arbitrage Active FoF Direct Growth is a -- Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 30 Jun 1995. Sushil Budhia is the Current Fund Manager of Nippon India Income Plus Arbitrage Active FoF Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹6,72,832 Cr and the Latest NAV as of 07 May 2026 is ₹10.47. The Nippon India Income Plus Arbitrage Active FoF Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹500. ;
Investment Objective
The scheme seeks to achieve stable returns while navigating market volatilities for its investors. This objective will be pursued by strategically investing in a diversified portfolio of open-ended debt oriented schemes, and units of Arbitrage funds of Nippon India Mutual Fund or any other Mutual Fund(s). There is no assurance that the investment objective of the scheme will be achieved. ;
| Fund benchmark | -- |
|---|
Fund house contact details
Peer Comparison
| Fund name | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Nippon India Small Cap Fund Direct Growth | 4 | 15.3% | 22.9% | 61,808.85 |
Franklin India Mid Cap Fund Direct Growth | 3 | 6.6% | 22.2% | 10,899.40 |
Franklin India Small Cap Fund Direct Growth | 3 | 11.4% | 21.1% | 11,724.35 |
HDFC Small Cap Fund Direct Growth | 4 | 12.1% | 18.2% | 33,724.28 |
Franklin India Technology Fund Direct Growth | -- | -5.0% | 16.5% | 1,556.24 |