{"id":244182,"date":"2026-09-11T13:49:25","date_gmt":"2026-09-11T08:19:25","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/hsbc-income-plus-arbitrage-active-fof-direct-growth-review-2026\/"},"modified":"2026-09-11T13:49:25","modified_gmt":"2026-09-11T08:19:25","slug":"hsbc-income-plus-arbitrage-active-fof-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/hsbc-income-plus-arbitrage-active-fof-direct-growth-review-2026\/","title":{"rendered":"HSBC Income Plus Arbitrage Active FOF Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/hsbc-income-plus-arbitrage-active-fof-g-direct-plan\">HSBC Income Plus Arbitrage Active FOF Direct Growth Plan<\/a> has a NAV of \u20b924.2072 as of 09 Sep 2026 and a scheme AUM of \u20b9530 Cr. Its 1-year, 3-year and 5-year returns are 5.55%, 7.40% and 6.21% respectively, and the fund sits in the Medium Risk category.<\/p>\n<p>Our view is that this is a steadier hybrid-style allocation for investors who want lower volatility than equity-heavy funds, but it still needs a medium-risk comfort level. The return pattern has been measured rather than aggressive, and the portfolio is built around a small set of HSBC debt, arbitrage and liquid exposure that may help keep outcomes smoother.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/hsbc-income-plus-arbitrage-active-fof-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/hsbc-income-plus-arbitrage-active-fof-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/hsbc-income-plus-arbitrage-active-fof-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_HSBC_Income_Plus_Arbitrage_Active_FOF\" title=\"Should you BUY or HOLD HSBC Income Plus Arbitrage Active FOF?\">Should you BUY or HOLD HSBC Income Plus Arbitrage Active FOF?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/hsbc-income-plus-arbitrage-active-fof-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/hsbc-income-plus-arbitrage-active-fof-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/hsbc-income-plus-arbitrage-active-fof-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/hsbc-income-plus-arbitrage-active-fof-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/hsbc-income-plus-arbitrage-active-fof-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/hsbc-income-plus-arbitrage-active-fof-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/hsbc-income-plus-arbitrage-active-fof-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/hsbc-income-plus-arbitrage-active-fof-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b924.2072 as of 09 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b9530 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.09%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>30 Apr 2014<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b91,000<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>Medium Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Hybrid<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>No exit load<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Mohd Asif Rizwi, Mahesh Chhabria<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Mohd Asif Rizwi and Mahesh Chhabria.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 09 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>0.19%<\/td>\n<td>-4.06%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>1.57%<\/td>\n<td>1.37%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>5.55%<\/td>\n<td>-7.31%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>7.40%<\/td>\n<td>6.07%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>6.21%<\/td>\n<td>5.91%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Recent performance has been constructive. Over 1 month, the fund stayed positive while the benchmark was negative, which suggests better short-term stability. Over 3 months, the gap was small, but the fund still stayed slightly ahead.<\/p>\n<p>The 1-year number is more striking because the fund produced a positive 5.55% return while the benchmark was down 7.31%. That tells us the fund has been much more resilient over the last year than the index used for comparison.<\/p>\n<p>The longer view is steadier than dramatic. The 3-year return of 7.40% is ahead of the benchmark\u2019s 6.07%, and the 5-year return of 6.21% is also slightly ahead of the benchmark\u2019s 5.91%. That pattern suggests the fund has not relied on one sharp run-up; instead, it has delivered a gradual compounding profile with relatively modest swings.<\/p>\n<p>Our reading of the time pattern is that the fund has absorbed periods of weakness without losing its longer-term footing. The 3-year and 5-year profiles look consistent with a lower-volatility hybrid structure, while the 1-year stretch shows that it can also hold up better than the benchmark when markets become uneven.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 09 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_HSBC_Income_Plus_Arbitrage_Active_FOF\"><\/span>Should you BUY or HOLD HSBC Income Plus Arbitrage Active FOF?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding HSBC Income Plus Arbitrage Active FOF? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/hsbc-income-plus-arbitrage-active-fof-g-direct-plan\">HSBC Income Plus Arbitrage Active FOF Direct Growth Plan<\/a><\/td>\n<td>5.55%<\/td>\n<td>7.40%<\/td>\n<td>6.21%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/bank-of-india-aggressive-hybrid-fund-g-direct-plan\">Bank of India Aggressive Hybrid Fund Direct Growth Plan<\/a><\/td>\n<td>15.71%<\/td>\n<td>17.16%<\/td>\n<td>14.99%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/hsbc-multi-asset-active-fof-g-direct-plan\">HSBC Multi Asset Active FOF Direct Growth Plan<\/a><\/td>\n<td>15.45%<\/td>\n<td>15.43%<\/td>\n<td>12.38%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/quant-aggressive-hybrid-fund-g-direct-plan\">Quant Aggressive Hybrid Fund Direct Growth Plan<\/a><\/td>\n<td>10.68%<\/td>\n<td>12.75%<\/td>\n<td>13.04%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/navi-aggressive-hybrid-fund-g-direct-plan\">Navi Aggressive Hybrid Fund Direct Growth Plan<\/a><\/td>\n<td>9.83%<\/td>\n<td>11.99%<\/td>\n<td>11.51%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/hsbc-aggressive-hybrid-active-fof-g-direct-plan\">HSBC Aggressive Hybrid Active FOF Direct Growth Plan<\/a><\/td>\n<td>9.12%<\/td>\n<td>12.58%<\/td>\n<td>11.02%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639. On the available return figures, the fund trails the peer set on 1-year performance, but the gap is narrower over longer periods because its 3-year and 5-year numbers remain positive and fairly steady. That makes the comparison less about short-term outperformance and more about a calmer return pattern. Peers with higher recent returns have also shown stronger multi-year numbers, while this fund\u2019s profile looks more defensive and more measured.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 09 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>HSBC Arbitrage Fund &#8211; Direct Growth<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>36.43%<\/td>\n<\/tr>\n<tr>\n<td>HSBC Short Term Fund &#8211; Direct Growth<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>31.98%<\/td>\n<\/tr>\n<tr>\n<td>HSBC Banking and PSU Debt Fund &#8211; Direct Growth<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>15.86%<\/td>\n<\/tr>\n<tr>\n<td>HSBC Corporate Bond Fund &#8211; Direct Growth<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>15.1%<\/td>\n<\/tr>\n<tr>\n<td>TREPS<\/td>\n<td>Cash &#038; Cash Equivalents and Net Assets<\/td>\n<td>0.68%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>HSBC Arbitrage Fund &#8211; Direct Growth is the largest holding at 36.43%, so it is likely to be the single most important contributor to day-to-day portfolio behaviour. The next three positions are also sizable, all above 15%, which means the portfolio is built more around a few large sleeves than around many small ones.<\/p>\n<p>The step-down from the largest holding to TREPS is steep, and that gap matters because the fund\u2019s disclosed holdings are not evenly spread. Even so, the mix is still anchored in domestic mutual fund units, with the cash-like TREPS component playing only a very small supporting role.<\/p>\n<p>Because the full disclosed portfolio contains only 5 holdings and those 5 add up to 100%, the fund appears concentrated within a compact set of exposures rather than spread across a long tail. That structure may support a more controlled return path, but it also means changes in the biggest sleeves could have a greater influence on outcomes.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 09 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund suits investors who are comfortable with Medium Risk and who want a hybrid allocation that has historically behaved more steadily than the benchmark. The 1-year result is stronger than the index, while the 3-year and 5-year results remain positive and close enough to the benchmark to suggest gradual compounding rather than sharp swings.<\/p>\n<p>The better fit is a medium-term horizon, especially for investors who prefer a calmer path and can accept that returns are likely to be more moderate than in aggressive hybrid funds. The main trade-off is straightforward: the portfolio may help reduce volatility, but it may also leave some upside on the table when stronger-performing peer funds are posting higher returns.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Exit load:<\/strong> No exit load.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 09 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>What is the current NAV of HSBC Income Plus Arbitrage Active FOF Direct Growth Plan?<\/strong><br \/>The current NAV is \u20b924.2072 as of 09 Sep 2026.<\/p>\n<p><strong>What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/strong><br \/>The fund\u2019s returns are 5.55% for 1 year, 7.40% for 3 years and 6.21% for 5 years.<\/p>\n<p><strong>How does the fund compare with the benchmark?<\/strong><br \/>It has beaten the benchmark across all the displayed periods. The gap is most noticeable over 1 year, where the fund was positive while the benchmark was negative.<\/p>\n<p><strong>How does it compare with peer funds on recent returns?<\/strong><br \/>Its 1-year return is lower than the peer funds listed here, while its 3-year and 5-year figures remain positive and relatively steady. That makes it more conservative than the higher-return peers in this comparison.<\/p>\n<p><strong>Is there a minimum SIP amount?<\/strong><br \/>Yes, the minimum SIP amount is \u20b91,000.<\/p>\n<p><strong>Who manages the fund and what is the exit load?<\/strong><br \/>The fund is managed by Mohd Asif Rizwi and Mahesh Chhabria. There is no exit load.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>HSBC Income Plus Arbitrage Active FOF Direct Growth Plan looks more like a steady compounding fund than a high-velocity return seeker. Its recent performance is quieter than the stronger peer funds, but the 3-year and 5-year numbers stay positive and remain close to the benchmark, which supports the case for a more controlled return profile. The portfolio is also concentrated in a small number of large sleeves, which may keep behaviour more contained while still leaving the biggest holdings influential.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 11 September 2026 at 1:46 PM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"HSBC Income Plus Arbitrage Active FOF Direct Growth Plan\",\"identifier\":\"hsbc-income-plus-arbitrage-active-fof-g-direct-plan\",\"category\":\"Hybrid\",\"dateCreated\":\"30 Apr 2014\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":24.2072,\"valueReference\":\"as of 09 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"530 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.09\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":5.55},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":7.4},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":6.21},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Mohd Asif Rizwi, Mahesh Chhabria\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of HSBC Income Plus Arbitrage Active FOF Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b924.2072 as of 09 Sep 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund\u2019s returns are 5.55% for 1 year, 7.40% for 3 years and 6.21% for 5 years.\"}},{\"@type\":\"Question\",\"name\":\"How does the fund compare with the benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has beaten the benchmark across all the displayed periods. The gap is most noticeable over 1 year, where the fund was positive while the benchmark was negative.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with peer funds on recent returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year return is lower than the peer funds listed here, while its 3-year and 5-year figures remain positive and relatively steady. That makes it more conservative than the higher-return peers in this comparison.\"}},{\"@type\":\"Question\",\"name\":\"Is there a minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes, the minimum SIP amount is \u20b91,000.\"}},{\"@type\":\"Question\",\"name\":\"Who manages the fund and what is the exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is managed by Mohd Asif Rizwi and Mahesh Chhabria. There is no exit load.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HSBC Income Plus Arbitrage Active FOF Direct Growth Plan has a NAV of \u20b924.2072 as of 09 Sep 2026, an AUM of \u20b9530 Cr, and 1Y\/3Y\/5Y returns of 5.55%\/7.40%\/6.21%.<\/p>\n","protected":false},"author":38,"featured_media":244178,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-244182","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["244178"],"rank_math_title":["HSBC Income Plus Arbitrage Active FOF Review"],"rank_math_description":["HSBC Income Plus Arbitrage Active FOF Direct Growth Plan NAV \u20b924.2072; 1Y return 5.55%, 3Y 7.40%, 5Y 6.21%."],"rank_math_focus_keyword":["HSBC Income Plus Arbitrage Active FOF Direct Growth Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/HSBC_Income_Plus_Arbitrage_Active_FOF_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/244182","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=244182"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/244182\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/244178"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=244182"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=244182"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=244182"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}