Mirae Asset Income plus Arbitrage Active FOF Fund Direct Growth

Mirae Asset Income plus Arbitrage Active FOF Fund Direct Growth is a hybrid fund. This fund was started on 7 July, 2025. The fund is managed by Mahendra Jajoo. This fund gives you the benefit of diversification.

1. Mirae Asset Income plus Arbitrage Active FOF Fund Direct Growth has ₹21 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
2. The fund has an expense ratio 0.1.
   

Mirae Asset Income plus Arbitrage Active FOF Fund Direct Growth has given a CAGR return of 0.89% since inception.

Mirae Asset Income plus Arbitrage Active FOF Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate, Financial Services, Government, Consumer Cyclical, Basic Materials, Health, Industrial, Tech, Consumer Defensive, Energy, 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 investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in a units of actively managed debt oriented and Arbitrage mutual fund schemes. The Scheme does not guarantee or assure any returns. There is no assurance that the investment objective of the Scheme will be achieved.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 99.00. Mirae Asset Income plus Arbitrage Active FOF Fund Direct Growth has no lock in period.