Axis Mutual Fund launches Axis Income Plus Arbitrage Passive FOF
Oct 28, 2025 by News Team
NFO period: 28th Oct - 11th Nov, 2025
Highlights of the NFO:
Scheme type - An open-ended fund of funds scheme investing in passive debt oriented mutual fund schemes and arbitrage funds
Investment objective - To generate optimal returns over medium term by investing in passive debt oriented mutual fund schemes and arbitrage funds. There is no assurance that the investment objective of the Scheme will be achieved.
Product suitability - This product is suitable for investors who are seeking to generate optimal returns over medium term Investment primarily in passive debt oriented mutual fund schemes and arbitrage funds
Minimum Application Amount - Rs. 100 and in multiples of Re. 1/- thereafter
Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).
Fund Managers - Mr. Devang Shah, Mr. Aditya Pagaria, Mr. Hardik Satra & Mr. Karthik Kumar
Benchmark - 65% NIFTY Short Duration Debt Index+35% Nifty 50 Arbitrage TRI