HDFC Income Plus Arbitrage Active FOF Fund Direct Growth

HDFC Income Plus Arbitrage Active FOF Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Anil Bamboli. This fund gives you the benefit of diversification.

1. HDFC Income Plus Arbitrage Active FOF Fund Direct Growth has ₹1384 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
2. The fund has an expense ratio 0.1.
   

HDFC Income Plus Arbitrage Active FOF Fund Direct Growth has given a CAGR return of 11.54% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 1.85%, 13.76% and 16.02% respectively.

HDFC Income Plus Arbitrage Active FOF Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Financial Services, Government, Basic Materials, Consumer Cyclical, Health, Energy, Tech, Industrial, Consumer Defensive, 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).

To generate income / long-term capital appreciation by investing in units of Arbitrage and Debt schemes.

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