Axis Income Plus Arbitrage Omni FOF
NAV
₹15.76
as of 5 Oct 2026
Axis Income Plus Arbitrage Omni FOF is an open-ended FoF Domestic scheme from Axis Mutual Fund managing ₹2,211 crore (as of 31 Aug 2026). Its Direct-plan NAV is ₹15.76 as of 5 Oct 2026. The expense ratio is 0.06% a year. Managed by Devang Shah. This page is factual data only – it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.06% / yr
- as of 31 Aug 2026
- Fund size
- ₹2,211 crore
- as of 31 Aug 2026
- Exit load
- None
- SIP available
- Yes
- Launched
- 28 Jan 2020
- ISIN
- INF846K01U09
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from nyvo’s own NAV data.
Rebased to 100data to 5 Oct 2026
Axis Income Plus Arbitrage Omni FOF
₹138
+38% on ₹100 over 5.0 yrs
FoF Domestic average
₹133
+33% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | 0.79% | – | – |
| 6 months | 3.03% | – | – |
| 1 year | 5.65% | – | – |
| 3 years (CAGR) | 8.00% | – | – |
| 5 years (CAGR) | 6.64% | – | – |
No category average is available for this fund. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible – read that number first.
1-year holding periods
- Worst
- 2.8%
- Median
- 7.6%
- Best
- 10.9%
49 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 1 Oct 2021. Windows overlap – this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 6.6%
- Median
- 7.8%
- Best
- 8.3%
25 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 3 Jan 2022. Windows overlap – this is the range of past start dates, not a probability of anything.
Risk, measured
- Sharpe ratio (3Y)
- 0.72
- Sharpe ratio (5Y)
- 0.40
- Sortino ratio (3Y)
- 1.31
- Standard deviation (3Y)
- 1.89%
- Deepest fall (5Y)
- -0.71%
Distance below its own peak
Every dip below 0 is the fund trading under a previous high – how deep and for how long is what a drawdown feels like.
Deepest fall
-0.5%
Right now
At a peak
Where the money actually is
Equity
-0.1%
Bonds
55.4%
Cash
44.6%
Other
0.2%
Whole-portfolio split, as of 31 Aug 2026.
What it owns
11 positions · top 10 = 97.6%
Top holdings
- Axis Corporate Bond Dir Gr39.79%
- Axis Arbitrage Dir Gr23.52%
- Aditya BSL Arbitrage Dir Gr13.40%
- Nippon India Corporate Bd Dir Gr13.30%
- Aditya BSL Corporate Bond Dir Gr2.48%
- Clearing Corporation Of India Ltd2.48%
- Axis CRISIL-IBX FS 3-6 MthDbtIdxDrGr1.70%
- Axis Overnight Dir Gr1.35%
- Kotak Arbitrage Dir Gr1.14%
- Aditya BSL Gilt Dir Gr0.89%
Holdings as of 31 Aug 2026. Portfolio turnover 170.5% a year.
Exposure figures are gross: funds that use derivatives (arbitrage, hedged books) hold offsetting positions, so concentration and turnover can read above 100%.
The debt it holds (debt sleeve)
- Yield to maturity
- 7.42% vs category 7.15%
- Modified duration
- 2.96 yrs vs category 3.11 yrs
- Average maturity
- 4.39 yrs vs category 6.14 yrs
- Average coupon
- 7.36%
- Government securities
- 22.2%
Credit quality
- AAA
- 99.9%
- AA
- 0.1%
Government securities are counted inside AAA by the data provider’s ladder; the sovereign share is listed separately above. Credit quality as of 31 Jul 2026.
Portfolio characteristics as of 31 Aug 2026. Yield to maturity is what the portfolio would return if every holding were held to maturity and paid in full. It is not a forecast of the fund’s return, and it is quoted before expenses.
Money in, money out
- Net flow, 12 months
- +₹545 cr
- Net flow, 3 months
- +₹58 cr
as of 31 Aug 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of Axis Income Plus Arbitrage Omni FOF?
- ₹15.76 per unit as of 5 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Axis Income Plus Arbitrage Omni FOF?
- 0.06% a year for the Direct plan, as of 31 Aug 2026.
- How large is Axis Income Plus Arbitrage Omni FOF?
- ₹2,211 crore under management as of 31 Aug 2026, in the FoF Domestic category.
- How risky is Axis Income Plus Arbitrage Omni FOF?
- Its SEBI Riskometer reading is "Moderate Risk". Own the whole market, pay almost nothing. A great deal of the ETF money is EPFO's.
- What are the 5-year returns of Axis Income Plus Arbitrage Omni FOF?
- 6.64% a year over the last 5 years (Direct plan, CAGR). Past returns do not predict future returns.
- What is the worst 3-year return of Axis Income Plus Arbitrage Omni FOF?
- 6.6% a year – the weakest of 25 overlapping 3-year holding periods, beginning 3 Jan 2022. The median was 7.8% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages Axis Income Plus Arbitrage Omni FOF?
- Devang Shah, managing this fund for 3.6 years.
Where this fund sits
Its shelf, all funds
Ix · Index funds & ETFs →
Own the whole market, pay almost nothing. A great deal of the ETF money is EPFO's.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund – growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other FoF Domestic funds
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- Axis Gold Fund₹3,191 crore
- Mirae Asset NYSE FANG + ETF Fund of Fund₹2,405 crore
- SBI Dynamic Asset Allocation Active FoF₹2,329 crore
- BHARAT Bond ETF FOF - April 2033₹2,089 crore
- Aditya Birla Sun Life Gold Fund₹1,843 crore
- Axis Multi-Asset Omni FoF₹1,391 crore
Data: nyvo research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.