DSP Income Plus Arbitrage Fund of Fund Direct Growth

DSP Income Plus Arbitrage Fund of Fund Direct Growth is a hybrid fund. This fund was started on 21 August, 2014. The fund is managed by Shantanu Godambe, Kaivalya Nadkarni. This fund gives you the benefit of diversification.

1. DSP Income Plus Arbitrage Fund of Fund Direct Growth has ₹1038 Cr worth of assets under management (AUM) as on Jul 2025 and is more than category average.
2. The fund has an expense ratio 0.4.
   

DSP Income Plus Arbitrage Fund of Fund Direct Growth has given a CAGR return of 7.73% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 11.40%, 9.57% and 7.94% respectively.

DSP Income Plus Arbitrage Fund of Fund Direct Growth has allocated its funds majorly in Corporate, Financial Services, Cash Equivalent, Government, Basic Materials, Industrial, Tech, Consumer Defensive, Energy, Consumer Cyclical, Health, Communication, Utilities, Real Estate.

As it is a fund of funds mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

The primary investment objective of the Scheme is to seek capital appreciation by dynamically investing in units of Global (including Indian) Equity funds/ETFs & Fixed income funds/ETFs. The Scheme may also invest a certain portion of its corpus in money market securities and/or money market/liquid schemes of DSP Mutual Fund, in order to meet liquidity requirements from time to time.

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. DSP Income Plus Arbitrage Fund of Fund Direct Growth has no lock in period.