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Axis Income Plus Arbitrage Passive FOF - Direct Plan - Growth Option
TopFund Score: 76/100 · Good
How this score is calculated
- Star rating (35%)—
- 3Y CAGR (30%)—
- Expense ratio (20%)0.06%
- AUM (15%)₹109 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Axis Mutual Fund · Fund of Funds · Fund of Funds Scheme (Domestic)
₹10.55
AUM: ₹109 Cr
NAV updated 4 days ago
Plan
Direct
Option
Growth
Expense Ratio
0.06%
Exit Load
Nil
Fund Manager
Devang Shah
Inception
Nov 2025
Sharpe Ratio
0.06
Std Dev (1Y)
0.66%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.55%
3m
+1.74%
6m
+3.43%
1y
—
3y
—
5y
—
10y
—
since inception
+5.34%
TopFund's Take on Axis Income Plus Arbitrage Passive FOF - Direct Plan - Growth Option
Axis Income Plus Arbitrage Passive FOF - Direct Plan - Growth Option holds up reasonably well within the Fund of Funds Scheme (Domestic) category. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 76/100.
Cost: At 0.06%, the expense ratio is meaningfully cheaper — about 33% below the Fund of Funds Scheme (Domestic) category average of 0.09% (based on 30 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 modest Sharpe ratio of 0.06 — returns have only marginally compensated for the risk taken. Separately, annualised volatility of 0.66% is on the lower side for a Fund of Funds Scheme (Domestic) fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Fund of Funds 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
Tools & Guides for This Fund
Frequently Asked Questions about Axis Income Plus Arbitrage Passive FOF - Direct Plan - Growth Option
The current NAV (Net Asset Value) of Axis Income Plus Arbitrage Passive FOF - Direct Plan - Growth Option is ₹10.55. NAV is updated every business day after market close by AMFI.
Return data is not yet available for this fund.
The expense ratio of Axis Income Plus Arbitrage Passive 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 Passive FOF - Direct Plan - Growth Option is managed by Devang Shah at Axis Mutual Fund.
Axis Income Plus Arbitrage Passive FOF - Direct Plan - Growth Option is classified as a Fund of Funds Scheme (Domestic) risk fund. It is suitable for investors with a moderate risk appetite.
Axis Income Plus Arbitrage Passive FOF - Direct Plan - Growth Option is a Fund of Funds Scheme (Domestic) fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Axis Income Plus Arbitrage Passive 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 Passive FOF - Direct Plan - Growth Option is ₹109 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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