Nippon India Income Plus Arbitrage Active Fund of Fund Direct Growth

Nippon India Income Plus Arbitrage Active Fund of Fund Direct Growth is a hybrid fund. This fund was started on 17 June, 2025. The fund is managed by Vikash Agarwal, Sushil Budhia. This fund gives you the benefit of diversification.

1. Nippon India Income Plus Arbitrage Active Fund of Fund Direct Growth has ₹580 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.
   

Nippon India Income Plus Arbitrage Active Fund of Fund Direct Growth has given a CAGR return of 0.63% since inception.

Nippon India Income Plus Arbitrage Active Fund of Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate, Financial Services, Government, Basic Materials, Industrial, Health, Energy, Consumer Cyclical, Tech, Communication, Consumer Defensive, 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 achieve stable returns while navigating market volatilities for its investors. This objective will be pursued by strategically investing in a diversified portfolio of open-ended debt oriented schemes, and units of Arbitrage funds of Nippon India Mutual Fund or any other Mutual Fund(s). There is no assurance that the investment objective of the Scheme will be achieved.

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 100.00. Nippon India Income Plus Arbitrage Active Fund of Fund Direct Growth has no lock in period.