Nippon India Income Plus Arbitrage Active Fund Review
By ThePip Desk
Explore the Nippon India Income Plus Arbitrage Active Fund of Funds. Check AUM, NAV, returns, expense ratio, and portfolio allocation details.
The Nippon India Income Plus Arbitrage Active Fund of Funds Direct Growth is a medium-risk investment vehicle launched on June 17, 2025. It primarily invests in other mutual fund schemes to target income generation and arbitrage opportunities.
Key Fund Figures and Allocations
The fund maintains specific asset allocations and financial metrics as of September 17, 2026. Managed by Sushil Budhia and Vikash Agarwal, the scheme details are outlined below.
Here are the key numbers for the fund:
As of September 17, 2026, the AUM stands at ₹636 Cr with a NAV of ₹10.72.
The expense ratio is maintained at a low 0.07%.
The minimum SIP investment required is ₹100.
The fund reported a 1-year annualized return of 5.83%.
Portfolio Structure and Tax Implications
The scheme allocates a significant portion of its assets into two distinct underlying Nippon India funds. Taxation for redemptions depends on the holding period.
The asset distribution across underlying schemes consists of:
Nippon India Corporate Bond Fund allocation is 48.71%.
Nippon India Arbitrage Fund allocation is 41.46%.
Redemptions made after one year attract a tax rate of 12.5%, while there is no exit load applied by the fund.