NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Axis Income Plus Arbitrage Active FoF -Growth for NRI [14.89]

Min Investment

100

Fund Size

2,268.28 Cr

Expense Ratio

0.5%

Exit Load

0.5%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

14.89

0.09%

NAV as on 03 Feb 26, 12:00 AM

moderate risk

fund of funds

debt

NAV as on 03 Feb 26, 12:00 AM

moderate risk

fund of funds

debt

7.36%p.a.

Last 1Y

7.62%p.a.

Last 3Y

6.42%p.a.

Last 5Y

6.83%p.a.

Since Inception

About Axis Income Plus Arbitrage Active FoF -Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Axis Income Plus Arbitrage Active FoF -Growth scheme from Axis Asset Management Company Ltd. It is a Fund of Funds mutual fund scheme that predominantly invests in Fund of Funds stocks of companies. Launched on Jan 2020, Axis Income Plus Arbitrage Active FoF -Growth is Fund of Funds fund of its category with 2,268.28 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Fund of Funds funds.

  • Axis Income Plus Arbitrage Active FoF -Growth delivered 7.4% annual returns during the last year. It has delivered 6.8% average annual returns since the fund was launched.
  • Axis Income Plus Arbitrage Active FoF -Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in debt

Fund Objective

To generate optimal returns over medium term by investing primarily in debt oriented mutual fund schemes.

Top 10 Holdings

Birla Sun Life Short Term Direct Fund-Growth

3.71%

Reliance Medium Term Fund Direct-Growth

8.11%

Bandhan Gilt Fund with 10 year Constant Duration Fund Direct-Growth

1.63%

Kotak Arbitrage Fund Direct-Growth

8.14%

SBI Constant Maturity 10-Year Gilt Fund Direct-Growth

1.76%

Bandhan Arbitrage Fund Direct-Growth

5.12%

Axis Enhanced Arbitrage Fund Direct-Growth

21.98%

Net Receivables

0.00%

Others CBLO

3.35%

Axis Corporate Bond Fund Direct-Growth

36.55%

Fund Managers

  1. Karthik Kumar (Feb 2025 - Present)
  2. Devang Shah (Feb 2023 - Present)
  3. Hardik Shah (Apr 2024 - Present)
  4. Anagha Darade (Apr 2024 - Present)

Key Information

View Scheme Document

Axis Income Plus Arbitrage Active FoF -Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on Axis Income Plus Arbitrage Active FoF -Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Axis Income Plus Arbitrage Active FoF -Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Axis Income Plus Arbitrage Active FoF -Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions