HSBC Income Plus Arbitrage Active FOF Fund Direct Growth

HSBC Income Plus Arbitrage Active FOF Fund Direct Growth is a hybrid fund. This fund was started on 30 April, 2014. The fund is managed by Mahesh Chhabria, Mohd Asif Rizwi. This fund gives you the benefit of diversification.

1. HSBC Income Plus Arbitrage Active FOF Fund Direct Growth has ₹571 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
2. The fund has an expense ratio 0.4.
   

HSBC Income Plus Arbitrage Active FOF Fund Direct Growth has given a CAGR return of 7.58% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 5.77%, 7.86% and 7.01% respectively.

HSBC Income Plus Arbitrage Active FOF Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Cash Equivalent, Government, Consumer Cyclical, Health, Consumer Defensive, Basic Materials, Utilities, Industrial, Energy, Tech, Communication, 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 investment objective is to generate income / long-term capital appreciation by investing in units of debt-oriented and arbitrage schemes and money market instruments.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. HSBC Income Plus Arbitrage Active FOF Fund Direct Growth has no lock in period.