Axis Income Plus Arbitrage Omni FOF
Axis Mutual Fund · Domestic FoF · Direct plan, growth option
NAV (₹), 23 Oct 2026
15.7617
1-day change
0.07%
1Y return
5.3%
3Y CAGR
7.9%
5Y CAGR
6.6%
Max drawdown, 5Y
−1.1%
NAV history month-end NAV, ₹ · 31 Jan 2020 to 23 Oct 2026
Returns vs Domestic FoF median (156 schemes) and “Income plus arbitrage FoF” median (24)
| Period | Scheme | Category median | Income plus arbitrage FoF median |
|---|---|---|---|
| 1 month | 0.0% | -7.0% | -0.1% |
| 3 months | 0.8% | -4.0% | 0.7% |
| 6 months | 2.6% | -5.3% | 2.5% |
| Year to date | 4.3% | -1.7% | 4.0% |
| 1 year | 5.3% | 3.1% | 5.0% |
| 3 years (CAGR) | 7.9% | 12.2% | 7.9% |
| 5 years (CAGR) | 6.6% | 9.4% | 6.4% |
| 7 years (CAGR) | n/a | 12.9% | 9.0% |
| 10 years (CAGR) | n/a | 11.1% | 8.2% |
| Since first NAV (CAGR) | 7.0% | – | – |
“Income plus arbitrage FoF” is MFIC's grouping of Domestic FoF schemes by the theme or index in their names, not an AMFI category.
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 7.0% | 9.5% |
| 3Y rolling median | 6.7% | 13.3% |
| 3Y rolling worst | 5.1% | 4.8% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 6.8% | 11.8% |
| 5Y rolling worst | 6.5% | 3.8% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 1.9% | 14.2% |
| Sharpe ratio | 0.71 | 0.53 |
| Sortino ratio | 1.30 | 0.81 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −2.7% | −19.5% |
| Maximum drawdown, last 10Y | n/a | −24.1% |
| Maximum drawdown, last 5Y | −1.1% | −14.8% |
| Current drawdown | −0.1% | −12.5% |
| Recovery time of worst fall | 28 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 0.54% a year and the Direct plan's 0.06%, a gap of 0.48%; over the last 3 years the Direct plan returned 0.35 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹12,83,055.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Devang Shah | Comanage/Fixed Income | 1 Feb 2023 |
| Hardik Shah | Comanage/Fixed Income | 5 Apr 2024 |
| Anagha Darade | Comanage/Fixed Income | 5 Apr 2024 |
Objective: To generate optimal returns over medium term by investing primarily in active and passive debt oriented mutual fund schemes and arbitrage funds. There is no assurance that the investment objective of the Scheme will be achieved.
Stated asset allocation: Units of Mutual Fund Schemes - (95%-100%) Of which: Units of active and passive debt oriented mutual fund schemes - (50%-65%) Units of arbitrage funds - (35%-50%) Money Market Instruments - (0%-5%) *Currently investments will be in actively managed arbitrage funds. However, the scheme may invest in passively managed arbitrage funds as and when such schemes are available for investment in the future. ^Residual portion of upto 5% of the net assets of the Scheme is provided for liquidity purposes. For liquidity purposes, the Scheme would invest in ‘liquid assets’ as per clause 5.6.1 of SEBI Master Circular of Mutual funds as amended from time to time.
Benchmark (tier 1): 65% NIFTY Composite Debt Index +35% Nifty 50 Arbitrage TRI
Minimum application: ₹100
Allotment date: 28 Jan 2020
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 0.06% | 0.17% |
| AUM, whole scheme (₹ crore) | 2,204 | 209 |
| Riskometer | Moderate | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 22 Oct 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Month-ends above category median (3Y CAGR) | 0% | 51% median |
| Month-ends in category top quartile (3Y) | 0% | 27% median |
Official benchmark: 65% NIFTY Composite Debt Index +35% Nifty 50 Arbitrage TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Domestic FoF Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 4.3% | n/a | – |
| 2025 | 8.2% | n/a | – |
| 2024 | 9.1% | n/a | – |
| 2023 | 7.0% | n/a | – |
| 2022 | 3.9% | n/a | – |
| 2021 | 5.2% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 23 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,23,712 | 5.2% |
| 3 years | ₹3,60,000 | ₹4,00,842 | 6.8% |
| 5 years | ₹6,00,000 | ₹7,20,033 | 7.1% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: Axis Mutual Fund
Category: Domestic FoF
Plan / option: Direct · Growth
AMFI scheme code: 147889
ISIN: INF846K01U09
First NAV in MFIC data: 31 Jan 2020
History: 6.7 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Aditya Birla Sun Life Income Plus Arbitrage Active FOF | Domestic FoF | 0.89 | 7.1% |
| Bandhan Income Plus Arbitrage Active FOF | Domestic FoF | 0.87 | 7.3% |
| Kotak Income Plus Arbitrage Omni FOF | Domestic FoF | 0.86 | 7.4% |
| HSBC Income Plus Arbitrage Active FOF (erstwhile HSBC Managed Solution India - Conservative Plan) | Domestic FoF | 0.84 | 7.5% |
| BHARAT Bond FOF- April 2031 | Domestic FoF | 0.80 | 7.0% |
| Bharat Bond FOF - April 2030 | Domestic FoF | 0.79 | 7.1% |
Questions about Axis Income Plus Arbitrage Omni FOF
- What is the latest NAV of Axis Income Plus Arbitrage Omni FOF?
- The NAV of the Direct plan (growth option) was ₹15.7617 on 23 Oct 2026, as published by AMFI.
- Which category is Axis Income Plus Arbitrage Omni FOF in?
- It is classified as Domestic FoF in AMFI's daily NAV file. MFIC compares it with 156 Domestic FoF schemes (Direct plans).
- What returns has Axis Income Plus Arbitrage Omni FOF delivered?
- Over one year the NAV changed by 5.3%. The 3-year CAGR is 7.9% (category median 12.2%) and the 5-year CAGR is 6.6% (category median 9.4%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 6.7%, the lowest was 5.1%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in Axis Income Plus Arbitrage Omni FOF's NAV?
- The largest peak-to-trough fall in its available history was 2.7%; within the last five years it was 1.1% (category median 14.8%).
- How volatile is Axis Income Plus Arbitrage Omni FOF?
- Its annualised standard deviation of monthly returns over the last 36 months is 1.9%, which is below the Domestic FoF category median of 14.2%.
- What would a monthly SIP in Axis Income Plus Arbitrage Omni FOF have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,20,033 on 23 Oct 2026, an annualised return (XIRR) of 7.1%. This uses the Direct plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of Axis Income Plus Arbitrage Omni FOF?
- The total expense ratio of the Direct plan is 0.06% a year, as disclosed to AMFI (median of Domestic FoF Direct plans: 0.17%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Axis Income Plus Arbitrage Omni FOF?
- Assets under management of the whole scheme were ₹2,204 crore on 22 Oct 2026, as published by AMFI.
- What is the riskometer level of Axis Income Plus Arbitrage Omni FOF?
- AMFI lists the scheme's riskometer as “Moderate”, and its benchmark's as “Low to Moderate”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- How often has Axis Income Plus Arbitrage Omni FOF beaten its category?
- At 0% of the 45 month-ends compared over the last 10 years, its 3-year return was above the median of Domestic FoF schemes (Direct plans); it was in the top quarter at 0% of them. A typical scheme would show about 50%.
- Who manages Axis Income Plus Arbitrage Omni FOF?
- According to its Scheme Summary Document, Axis Income Plus Arbitrage Omni FOF is managed by Devang Shah (since 1 Feb 2023), Hardik Shah (since 5 Apr 2024), Anagha Darade (since 5 Apr 2024).
- What is the minimum investment in Axis Income Plus Arbitrage Omni FOF?
- The minimum application amount is ₹100. SIP details: SIP Daily, Weekly - 100, Monthly 100.00, SIP Yearly - 12000.00 SWP - 1000 STP - Daily, Weekly, Fortnightly, Monthly - 1000 and Quarterly 3000.00.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 5.3% and the Regular plan's by 4.8%. The Regular plan includes the services of a distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 23 Oct 2026. Category medians use Direct plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.