{"id":249562,"date":"2026-09-16T14:31:26","date_gmt":"2026-09-16T09:01:26","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/axis-income-plus-arbitrage-omni-fof-direct-growth-review-2026\/"},"modified":"2026-09-16T14:31:26","modified_gmt":"2026-09-16T09:01:26","slug":"axis-income-plus-arbitrage-omni-fof-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/axis-income-plus-arbitrage-omni-fof-direct-growth-review-2026\/","title":{"rendered":"Axis Income Plus Arbitrage Omni FOF Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/axis-income-plus-arbitrage-omni-fof-g-direct-plan\">Axis Income Plus Arbitrage Omni FOF Direct Growth Plan<\/a> has a NAV of \u20b915.7264 as of 11 Sep 2026 and an AUM of \u20b92,234 Cr. Its 1-year, 3-year and 5-year returns are 6%, 7.86% and 6.63% respectively, and the fund sits in the Medium Risk bucket.<\/p>\n<p>Our view is that the fund looks more suited to conservative investors who want steadier returns than an equity-led outcome, while still accepting some movement in the portfolio. The return pattern is moderate rather than fast-growing, and the underlying mix leans heavily toward debt and arbitrage-oriented exposure, which helps explain the smoother profile.<\/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\/axis-income-plus-arbitrage-omni-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\/axis-income-plus-arbitrage-omni-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\/axis-income-plus-arbitrage-omni-fof-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Axis_Income_Plus_Arbitrage_Omni_FOF\" title=\"Should you BUY or HOLD Axis Income Plus Arbitrage Omni FOF?\">Should you BUY or HOLD Axis Income Plus Arbitrage Omni 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\/axis-income-plus-arbitrage-omni-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\/axis-income-plus-arbitrage-omni-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\/axis-income-plus-arbitrage-omni-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\/axis-income-plus-arbitrage-omni-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\/axis-income-plus-arbitrage-omni-fof-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/axis-income-plus-arbitrage-omni-fof-direct-growth-review-2026\/#What_is_the_current_NAV_of_Axis_Income_Plus_Arbitrage_Omni_FOF_Direct_Growth_Plan\" title=\"What is the current NAV of Axis Income Plus Arbitrage Omni FOF Direct Growth Plan?\">What is the current NAV of Axis Income Plus Arbitrage Omni FOF Direct Growth Plan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/axis-income-plus-arbitrage-omni-fof-direct-growth-review-2026\/#What_are_the_funds_1-year_3-year_and_5-year_returns\" title=\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\">What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/axis-income-plus-arbitrage-omni-fof-direct-growth-review-2026\/#How_does_it_compare_with_the_benchmark\" title=\"How does it compare with the benchmark?\">How does it compare with the benchmark?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/axis-income-plus-arbitrage-omni-fof-direct-growth-review-2026\/#How_does_it_compare_with_the_peer_funds_listed_here\" title=\"How does it compare with the peer funds listed here?\">How does it compare with the peer funds listed here?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/axis-income-plus-arbitrage-omni-fof-direct-growth-review-2026\/#Is_there_a_minimum_SIP_amount\" title=\"Is there a minimum SIP amount?\">Is there a minimum SIP amount?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/axis-income-plus-arbitrage-omni-fof-direct-growth-review-2026\/#Who_manages_the_fund_and_what_is_the_exit_load\" title=\"Who manages the fund and what is the exit load?\">Who manages the fund and what is the exit load?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/axis-income-plus-arbitrage-omni-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-16\" href=\"https:\/\/univest.in\/blogs-2\/axis-income-plus-arbitrage-omni-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-17\" href=\"https:\/\/univest.in\/blogs-2\/axis-income-plus-arbitrage-omni-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>\u20b915.7264 as of 11 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b92,234 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.05%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>28 Jan 2020<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9100<\/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>Fund of Fund<\/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>Devang Shah, Hardik Shah, Anagha Darade<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Devang Shah, Hardik Shah and Anagha Darade.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 11 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>0.12%<\/td>\n<td>-4.81%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>1.34%<\/td>\n<td>-3.63%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>6%<\/td>\n<td>-8.27%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>7.86%<\/td>\n<td>5.59%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>6.63%<\/td>\n<td>5.58%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The short-term pattern has been calmer than the benchmark. Over 1 month and 3 months, the fund stayed slightly positive while the benchmark was negative, which points to a steadier path in a weak market phase. That kind of behavior usually matters more for investors who care about drawdown control than about sharp upside bursts.<\/p>\n<p>The 1-year return of 6% is comfortably ahead of the benchmark\u2019s -8.27%, so the fund has held up better over the most recent full year. That said, the 3-year and 5-year figures show a more measured long-run result rather than an aggressive growth profile. The 3-year return of 7.86% is only moderately ahead of the benchmark\u2019s 5.59%, while the 5-year return of 6.63% is also modestly above the benchmark\u2019s 5.58%.<\/p>\n<p>Our reading is that the fund\u2019s recent resilience is consistent with its longer-term pattern: it has generally compounded at a slow-and-steady pace rather than showing large swings. The time pattern also suggests a few periods of softness mixed with recovery, which is typical of a portfolio that is not designed to chase equity-like momentum. For investors, that means the main trade-off is lower excitement in exchange for a more controlled return journey.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 11 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_Axis_Income_Plus_Arbitrage_Omni_FOF\"><\/span>Should you BUY or HOLD Axis Income Plus Arbitrage Omni 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 Axis Income Plus Arbitrage Omni 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\/axis-income-plus-arbitrage-omni-fof-g-direct-plan\">Axis Income Plus Arbitrage Omni FOF Direct Growth Plan<\/a><\/td>\n<td>6%<\/td>\n<td>7.86%<\/td>\n<td>6.63%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/sbi-silver-etf-fof-g-direct-plan\">SBI Silver ETF FOF Direct Growth Plan<\/a><\/td>\n<td>81.88%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/axis-silver-fof-g-direct-plan\">Axis Silver FoF Direct Growth Plan<\/a><\/td>\n<td>80.07%<\/td>\n<td>45.18%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/zerodha-silver-etf-fof-g-direct-plan\">Zerodha Silver ETF FoF Direct Growth Plan<\/a><\/td>\n<td>79.84%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/hdfc-silver-etf-fof-g-direct-plan\">HDFC Silver ETF FoF Direct Growth Plan<\/a><\/td>\n<td>79.28%<\/td>\n<td>44.7%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/kotak-silver-etf-fof-g-direct-plan\">Kotak Silver ETF FoF Direct Growth Plan<\/a><\/td>\n<td>74.67%<\/td>\n<td>44.26%<\/td>\n<td>Data not available<\/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.<\/p>\n<p>Against the peer set, the fund\u2019s 1-year return is far lower than the silver-focused funds listed here, but those peers are driven by a very different return profile and are not a like-for-like fit for a conservative income-oriented allocation. On the multi-year view, the fund\u2019s 3-year and 5-year returns are lower than the higher-growth peer numbers shown for the silver funds that have longer histories, but the fund\u2019s own pattern is more stable and less dependent on sharp commodity moves.<\/p>\n<p>So the short-term peer comparison and the longer-term peer comparison tell different stories. In the short term, the fund looks modest beside the strongest recent peer returns. Over 3 years and 5 years, however, the fund\u2019s steadier compounding is more relevant to investors who prefer consistency over volatility.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 11 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>Axis Corporate Bond Fund &#8211; Direct Plan Growth<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>39.79%<\/td>\n<\/tr>\n<tr>\n<td>Axis Arbitrage Fund Direct Plan Growth<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>23.52%<\/td>\n<\/tr>\n<tr>\n<td>Aditya Birla Sun Life Arbitrage Fund &#8211; Growth &#8211; Direct Plan<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>13.4%<\/td>\n<\/tr>\n<tr>\n<td>Nippon India Corporate Bond Fund &#8211; Direct Plan-Growth Plan<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>13.3%<\/td>\n<\/tr>\n<tr>\n<td>Aditya Birla SL Corp Bond Fund(G)-Direct Plan<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>2.48%<\/td>\n<\/tr>\n<tr>\n<td>Clearing Corporation of India Ltd<\/td>\n<td>Cash &amp; Cash Equivalents and Net Assets<\/td>\n<td>2.48%<\/td>\n<\/tr>\n<tr>\n<td>Axis Crisil-Ibx Financial Services 3-6 Months Debt Index Fund &#8211; Direct Plan &#8211; Growth Option<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>1.7%<\/td>\n<\/tr>\n<tr>\n<td>Axis Overnight Fund &#8211; Direct Plan &#8211; Growth Option<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>1.35%<\/td>\n<\/tr>\n<tr>\n<td>Kotak Arbitrage Fund &#8211; Growth &#8211; Direct<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>1.14%<\/td>\n<\/tr>\n<tr>\n<td>Aditya Birla Sun Life Government Securities Fund &#8211; Growth &#8211; Direct Plan<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>0.89%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest holding, Axis Corporate Bond Fund &#8211; Direct Plan Growth, has a weight of 39.79%, which is large enough to have a meaningful influence on portfolio behavior. The next few positions also carry heavy weight, with the second and third holdings still above 10%, so the portfolio starts with a clear concentration in a handful of income-oriented building blocks.<\/p>\n<p>After the top four positions, weights drop sharply into the low single digits. That fall-away from 13.3% to 2.48% and then below 2% suggests that the tail of the portfolio is much smaller than the core positions, even though there are 10 disclosed holdings in total.<\/p>\n<p>Because the disclosed holdings together account for 100% of the portfolio, we can see that the structure is not spread evenly across many small positions. Instead, it is concentrated in a few large holdings that may drive most of the fund\u2019s return and risk characteristics, with the remaining holdings likely serving a supporting role.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 11 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 may suit investors who are comfortable with Medium Risk and want a relatively steady return pattern rather than a fast-moving equity-style outcome. The 1-year, 3-year and 5-year results show a consistent but moderate compounding profile, and the benchmark comparison suggests it has generally held up better than the Nifty 50 in weaker stretches.<\/p>\n<p>A medium- to longer-term horizon makes more sense here than a very short holding period, because the fund\u2019s strength is in smoother participation rather than dramatic near-term gains. The main trade-off is that investors may accept lower upside potential in exchange for a more controlled path and a portfolio built around debt and arbitrage-oriented exposures.<\/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>Exit load: No exit load.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 11 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<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_current_NAV_of_Axis_Income_Plus_Arbitrage_Omni_FOF_Direct_Growth_Plan\"><\/span>What is the current NAV of Axis Income Plus Arbitrage Omni FOF Direct Growth Plan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The current NAV is \u20b915.7264 as of 11 Sep 2026.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_are_the_funds_1-year_3-year_and_5-year_returns\"><\/span>What are the fund\u2019s 1-year, 3-year and 5-year returns?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund\u2019s returns are 6% over 1 year, 7.86% over 3 years and 6.63% over 5 years.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_it_compare_with_the_benchmark\"><\/span>How does it compare with the benchmark?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>It has outperformed the Nifty 50 across the periods shown, including 1 year, 3 years and 5 years. The 1-year gap is especially wide because the benchmark is negative while the fund remains positive.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_it_compare_with_the_peer_funds_listed_here\"><\/span>How does it compare with the peer funds listed here?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The listed silver-focused peer funds show much stronger 1-year returns, while this fund has a more moderate multi-year profile. Its own longer-term numbers are steadier, which fits a different objective than the peers highlighted here.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Is_there_a_minimum_SIP_amount\"><\/span>Is there a minimum SIP amount?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Yes. The minimum SIP amount is \u20b9100.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_manages_the_fund_and_what_is_the_exit_load\"><\/span>Who manages the fund and what is the exit load?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund is managed by Devang Shah, Hardik Shah and Anagha Darade. 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>Axis Income Plus Arbitrage Omni FOF Direct Growth Plan has a steadier profile than the benchmark and a moderate long-term return track, with recent numbers that remain positive without being aggressive. In the peer table, the comparison is not close on short-term return, but the peer set is dominated by silver-oriented funds with a very different return pattern. The portfolio is concentrated in a few large income-oriented holdings, which helps explain the stable style. Overall, it looks more relevant for investors who value controlled movement and measured compounding than for those seeking high-growth bursts.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 16 September 2026 at 2:29 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\":\"Axis Income Plus Arbitrage Omni FOF Direct Growth Plan\",\"identifier\":\"axis-income-plus-arbitrage-omni-fof-g-direct-plan\",\"category\":\"Fund of Fund\",\"dateCreated\":\"28 Jan 2020\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":15.7264,\"valueReference\":\"as of 11 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"2234 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.05\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":6},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":7.86},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":6.63},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Devang Shah, Hardik Shah, Anagha Darade\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of Axis Income Plus Arbitrage Omni FOF Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b915.7264 as of 11 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 6% over 1 year, 7.86% over 3 years and 6.63% over 5 years.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with the benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has outperformed the Nifty 50 across the periods shown, including 1 year, 3 years and 5 years. The 1-year gap is especially wide because the benchmark is negative while the fund remains positive.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with the peer funds listed here?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The listed silver-focused peer funds show much stronger 1-year returns, while this fund has a more moderate multi-year profile. Its own longer-term numbers are steadier, which fits a different objective than the peers highlighted here.\"}},{\"@type\":\"Question\",\"name\":\"Is there a minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes. The minimum SIP amount is \u20b9100.\"}},{\"@type\":\"Question\",\"name\":\"Who manages the fund and what is the exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is managed by Devang Shah, Hardik Shah and Anagha Darade. 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>Axis Income Plus Arbitrage Omni FOF Direct Growth Plan has a NAV of \u20b915.7264 as of 11 Sep 2026, an AUM of \u20b92,234 Cr, and 1-year, 3-year and 5-year returns of 6%, 7.86% and 6.63%.<\/p>\n","protected":false},"author":38,"featured_media":249561,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-249562","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["249561"],"rank_math_title":["Axis Income Plus Arbitrage Omni FOF Review 2026"],"rank_math_description":["Axis Income Plus Arbitrage Omni FOF Direct Growth Plan NAV is \u20b915.7264 and 5Y return is 6.63% as of 11 Sep 2026."],"rank_math_focus_keyword":["Axis Income Plus Arbitrage Omni 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\/Axis_Income_Plus_Arbitrage_Omni_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\/249562","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=249562"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/249562\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/249561"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=249562"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=249562"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=249562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}