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Axis Income Plus Arbitrage Active FOF - Direct Plan - Growth Option
★★★★★ TopFund est.
TopFund Score (fallback rating)
- Calculated by: TopFund — used only when no third-party rating exists for this fund
- Formula: 3-year trailing return percentile within category, adjusted ±1 star for expense ratio
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: A simplified 2-factor estimate, not equivalent to a rating agency's full analysis
TopFund Score: 81/100 · Excellent
How this score is calculated
- Star rating (35%)5/5
- 3Y CAGR (30%)7.83%
- Expense ratio (20%)0.06%
- AUM (15%)₹2,206 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Axis Mutual Fund · Debt · Dynamic Bond
₹15.72
AUM: ₹2,205 Cr
NAV updated 24 days ago
Plan
Direct
Option
Growth
Risk
Moderate to High
Expense Ratio
0.06%
Exit Load
Nil
Fund Manager
R Sivakumar
Inception
Jan 2020
Benchmark
NIFTY Composite Debt Index
Sharpe Ratio
-0.16
Std Dev (1Y)
0.92%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.17%
3m
+2.22%
6m
+2.99%
1y
+6.2%
3y
+7.83%
5y
+6.65%
10y
—
since inception
+7.1%
TopFund's Take on Axis Income Plus Arbitrage Active FOF - Direct Plan - Growth Option
Axis Income Plus Arbitrage Active FOF - Direct Plan - Growth Option ranks among the stronger performers in the Dynamic Bond category, backed by a 5-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 81/100.
Cost: At 0.06%, the expense ratio is meaningfully cheaper — about 88% below the Dynamic Bond category average of 0.52% (based on 69 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.16 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 0.92% is on the lower side for a Dynamic Bond fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Debt fund.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Axis Income Plus Arbitrage Active FOF - Direct Plan - Growth Option
The current NAV (Net Asset Value) of Axis Income Plus Arbitrage Active FOF - Direct Plan - Growth Option is ₹15.72. NAV is updated every business day after market close by AMFI.
1Y: 6.2% · 3Y CAGR: 7.83% · 5Y CAGR: 6.65%
The expense ratio of Axis Income Plus Arbitrage Active FOF - Direct Plan - Growth Option is 0.06% per annum. This is the annual fee charged by the fund to manage your investment.
Axis Income Plus Arbitrage Active FOF - Direct Plan - Growth Option is managed by R Sivakumar at Axis Mutual Fund.
Axis Income Plus Arbitrage Active FOF - Direct Plan - Growth Option is classified as a Moderate to High risk fund. It is suitable for investors with a moderate risk appetite.
Axis Income Plus Arbitrage Active FOF - Direct Plan - Growth Option is a Dynamic Bond fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Axis Income Plus Arbitrage Active FOF - Direct Plan - Growth Option with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Axis Income Plus Arbitrage Active FOF - Direct Plan - Growth Option is ₹2,206 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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