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Mirae Asset Income Plus Arbitrage Active FoF
Income plus ArbitrageRank #18
Not Rated
NAV (2026-09-11)
₹10.62
AUM
₹22.02 Cr
Exp. Ratio: 0.35%
RISK LEVEL
Moderate
Returns & Performance
1 Year5.17%0.30% vs cat avgRank #15
3 Year----
5 Year----
Since Launch5.19%1.28% vs cat avg
Fund vs Category Average
1Y
5.17%-0.30%
Pros & Cons
Pros
✔No lock-in period
✔Low expense ratio (0.35%)
✔Decent 1Y category rank (#15)
Cons
✖1Y returns trail category average
✖3Y returns below category average
✖Overall rank #18 in category
✖Returns since launch below category avg
ISININF769K01OV7
NAV₹10.62
NAV Date2026-09-11
AUM₹22.02 Cr
Expense Ratio0.35%
RiskModerate
RatingNot Rated / 5
Min SIP Amount₹99
Max SIP Amount₹999999999
Min Additional Inv.₹1000
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.2007-11-30
INVESTMENT OBJECTIVE
The scheme seeks 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.
Exit Load0.25%
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsReturns are taxed as per your income tax slab.
Basant Bafna
Mr. Bafna has done B.Com, MBA, CS, CA, FRM and CFA
Prior to joining Mirae Asset Mutual Fund, he has worked with India Exim Bank and Union Bank of India
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Mirae Asset Income Plus Arbitrage Active FoF is ₹10.62 as of 2026-09-11.
Mirae Asset Income Plus Arbitrage Active FoF is classified as a Income plus Arbitrage fund.
Mirae Asset Income Plus Arbitrage Active FoF is managed by Mirae Asset Mutual Fund.
The Assets Under Management (AUM) of Mirae Asset Income Plus Arbitrage Active FoF is ₹22.02 Cr.
The expense ratio of Mirae Asset Income Plus Arbitrage Active FoF is 0.35%.
Mirae Asset Income Plus Arbitrage Active FoF is managed by Basant Bafna.
The minimum SIP investment for Mirae Asset Income Plus Arbitrage Active FoF is ₹99.
The exit load for Mirae Asset Income Plus Arbitrage Active FoF is 0.25%.
As per the SEBI Riskometer, Mirae Asset Income Plus Arbitrage Active FoF carries a Moderate risk level.
Mirae Asset Income Plus Arbitrage Active FoF has delivered 5.17% (1Y), 0% (3Y) and 0% (5Y) annualised returns as of 2026-09-11.
Mirae Asset Income Plus Arbitrage Active FoF was launched on 2007-11-30.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.