Nippon India Income Plus Arbitrage Active Fund of Fund
Nippon India Mutual Fund · Domestic FoF · Regular plan, growth option
| Period | Scheme | Category median | Income plus arbitrage FoF median |
|---|---|---|---|
| 1 month | 0.2% | -3.7% | 0.2% |
| 3 months | 0.8% | -1.1% | 0.8% |
| 6 months | 3.0% | 3.0% | 3.0% |
| Year to date | 3.9% | 1.8% | 3.8% |
| 1 year | 5.4% | 4.9% | 5.2% |
| 3 years (CAGR) | n/a | 12.3% | 7.5% |
| 5 years (CAGR) | n/a | 9.8% | 6.1% |
| 7 years (CAGR) | n/a | 13.3% | 8.5% |
| 10 years (CAGR) | n/a | 11.0% | 7.2% |
| Since first NAV (CAGR) | 5.3% | – | – |
“Income plus arbitrage FoF” is MFIC's grouping of Domestic FoF schemes by the theme or index in their names, not an AMFI category.
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 5.7% | 8.6% |
| 3Y rolling median | n/a | 12.8% |
| 3Y rolling worst | n/a | 4.8% |
| 3Y periods positive | n/a | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | n/a | 10.8% |
| 5Y rolling worst | n/a | 4.1% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | n/a | 14.1% |
| Sharpe ratio | n/a | 0.60 |
| Sortino ratio | n/a | 0.89 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −0.3% | −19.6% |
| Maximum drawdown, last 10Y | n/a | −23.7% |
| Maximum drawdown, last 5Y | n/a | −15.1% |
| Current drawdown | −0.1% | −8.3% |
| Recovery time of worst fall | n/a | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
The Regular plan's expense ratio is 0.31% a year and the Direct plan's 0.07%, a gap of 0.24%. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹6,50,631.
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 manager | Role | Managing since |
|---|---|---|
| Sushil Hari Prasad Budhia | 17 Jun 2025 | |
| Vikash Agarwal | 4 Jul 2025 |
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 0.31% | 0.59% |
| AUM, whole scheme (₹ crore) | 628 | 225 |
| Riskometer | Moderate | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
| Measure | Scheme | Benchmark / category |
|---|
Official benchmark: 60% CRISIL Short Term Bond Index + 40% Nifty 50 Arbitrage Index (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Domestic FoF Regular plans; how it is calculated.
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 3.9% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,23,387 | 5.3% |
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.
- What is the latest NAV of Nippon India Income Plus Arbitrage Active Fund of Fund?
- The NAV of the Regular plan (growth option) was ₹10.6946 on 1 Oct 2026, as published by AMFI.
- Which category is Nippon India Income Plus Arbitrage Active Fund of Fund in?
- It is classified as Domestic FoF in AMFI's daily NAV file. MFIC compares it with 159 Domestic FoF schemes (Regular plans).
- What was the largest fall in Nippon India Income Plus Arbitrage Active Fund of Fund's NAV?
- The largest peak-to-trough fall in its available history was 0.3%.
- What is the expense ratio (TER) of Nippon India Income Plus Arbitrage Active Fund of Fund?
- The total expense ratio of the Regular plan is 0.31% a year, as disclosed to AMFI (median of Domestic FoF Regular plans: 0.59%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Nippon India Income Plus Arbitrage Active Fund of Fund?
- Assets under management of the whole scheme were ₹628 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Nippon India Income Plus Arbitrage Active Fund of Fund?
- 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.
- Who manages Nippon India Income Plus Arbitrage Active Fund of Fund?
- According to its Scheme Summary Document, Nippon India Income Plus Arbitrage Active Fund of Fund is managed by Sushil Hari Prasad Budhia (since 17 Jun 2025), Vikash Agarwal (since 4 Jul 2025).
- What is the minimum investment in Nippon India Income Plus Arbitrage Active Fund of Fund?
- The minimum application amount is ₹500. SIP details: SIP Details: Rs.100/- per month (minimum 60 months) Rs.500/- per month (minimum 12 months) Rs.1000/- per month (minimum 6 months) Rs. 500/- per quarter (minimum 12 quarters) Rs.1500/- per quarter (minimum 4 quarters) Rs. 5000/- per year (minimum 2 years) SWP Details : 500 Fixed STP: Daily- Minimum of Rs. 100 Weekly / Fortnight / Monthly option - Rs. 1000 Quarterly - Rs. 3000 Capital Appreciation STP: Monthly/ Quarterly - Rs. 500.
- 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 5.6% and the Regular plan's by 5.4%. The Regular plan includes the services of a distributor.
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