Union Income Plus Arbitrage Active FOF Fund Direct Growth

Union Income Plus Arbitrage Active FOF Fund Direct Growth is a hybrid fund. This fund was started on 12 June, 2025. The fund is managed by Vishal Thakker, Anindya Sarkar. This fund gives you the benefit of diversification.

1. Union Income Plus Arbitrage Active FOF Fund Direct Growth has ₹185 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.
   

Union Income Plus Arbitrage Active FOF Fund Direct Growth has given a CAGR return of 0.30% since inception.

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

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 objective of the Scheme is to provide income over medium to long term by investing in units of Arbitrage Fund and Debt Funds. However, there is no assurance that the investment objective of the Scheme will be achieved.

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Union Income Plus Arbitrage Active FOF Fund Direct Growth has no lock in period.