{"id":250597,"date":"2026-09-16T18:05:03","date_gmt":"2026-09-16T12:35:03","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/mirae-asset-income-plus-arbitrage-active-fof-direct-growth-review-2026\/"},"modified":"2026-09-16T18:05:03","modified_gmt":"2026-09-16T12:35:03","slug":"mirae-asset-income-plus-arbitrage-active-fof-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/mirae-asset-income-plus-arbitrage-active-fof-direct-growth-review-2026\/","title":{"rendered":"Mirae Asset 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\/mirae-asset-income-plus-arbitrage-active-fof-g-direct-plan\">Mirae Asset Income plus Arbitrage Active FOF Direct Growth Plan<\/a> sits at \u20b910.644 NAV as of 15 September 2026, with scheme AUM of \u20b922 Cr. Its 1-year, 3-year and 5-year returns are 5.31%, 0% and 0%, and it carries a Medium Risk label. Our view is that this is a conservative-leaning fund of fund structure with modest recent gains, but the limited track record means the case rests more on portfolio mix and benchmark behaviour than on a long performance history.<\/p>\n<p>We see the fund as suitable for investors who want a relatively steady allocation rather than a return-chasing one. The holdings are concentrated in three Mirae Asset underlying funds plus cash-like TREPS, which may help explain the restrained movement in recent periods.<\/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\/mirae-asset-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\/mirae-asset-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\/mirae-asset-income-plus-arbitrage-active-fof-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Mirae_Asset_Income_plus_Arbitrage_Active_FOF\" title=\"Should you BUY or HOLD Mirae Asset Income plus Arbitrage Active FOF?\">Should you BUY or HOLD Mirae Asset 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\/mirae-asset-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\/mirae-asset-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\/mirae-asset-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\/mirae-asset-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\/mirae-asset-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\/mirae-asset-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\/mirae-asset-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\/mirae-asset-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>\u20b910.644 as of 15 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b922 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.06%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>04 Jul 2025<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b999<\/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>0.25% on or before 15D, Nil after 15D<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Basant Bafna<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Basant Bafna.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 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>-0.2%<\/td>\n<td>-4.81%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>0.96%<\/td>\n<td>-3.63%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>5.31%<\/td>\n<td>-8.27%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The recent pattern is stable rather than exciting. Over 1 month, the fund slipped only slightly, while the benchmark fell much more sharply; that tells us the fund has been carrying a far smoother short-term path than the index. The 3-month figure is also positive, which reinforces the view that the structure has been more defensive than the benchmark in the near term.<\/p>\n<p>The 1-year return is the clearest usable longer-window figure, and it remains ahead of the benchmark by a wide margin. That gap matters because the benchmark itself has been weak over the same period, so the fund\u2019s edge reflects both its defensive mix and its ability to avoid the full drawdown seen in equities.<\/p>\n<p>At the same time, we would not over-read the 1-year result. The fund was launched only in July 2025, so there is no genuine 3-year or 5-year record yet. For that reason, the current behaviour is more useful as a guide to how the fund has behaved in a mixed market than as proof of long-cycle consistency.<\/p>\n<p>On the available evidence, the fund has been less volatile than the benchmark and has preserved capital better in weaker phases. That is the main analytical takeaway from the return pattern so far.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 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_Mirae_Asset_Income_plus_Arbitrage_Active_FOF\"><\/span>Should you BUY or HOLD Mirae Asset 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 Mirae Asset 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\/mirae-asset-income-plus-arbitrage-active-fof-g-direct-plan\">Mirae Asset Income plus Arbitrage Active FOF Direct Growth Plan<\/a><\/td>\n<td>5.31%<\/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\/sbi-silver-etf-fof-g-direct-plan\">SBI Silver ETF FOF Direct Growth Plan<\/a><\/td>\n<td>75.06%<\/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\/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<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>73.7%<\/td>\n<td>44.39%<\/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>73.46%<\/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\/nippon-india-silver-etf-fof-g-direct-plan\">Nippon India Silver ETF FOF Direct Growth Plan<\/a><\/td>\n<td>72.65%<\/td>\n<td>43.94%<\/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>The fund\u2019s 1-year return is far below the silver-focused peer set shown here, but that comparison is not fully like-for-like because the peer group is built around a different underlying theme. Within the limited data available, the fund\u2019s 3-year and 5-year figures cannot be compared on equal footing because the scheme has not yet built those histories.<\/p>\n<p>So the short-term picture and the longer-term picture tell different stories. The short-term result shows a steady, low-volatility profile, while the peer set\u2019s recent returns are much higher because those funds are tied to a very different market driver. For readers assessing only this fund\u2019s behaviour, the key point is that its return profile looks defensive rather than momentum-led.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 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>Mirae Asset Short Term Fund-Direct Plan-Growth<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>44.5%<\/td>\n<\/tr>\n<tr>\n<td>Mirae Asset Arbitrage Fund-Direct Plan-Growth<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>37.69%<\/td>\n<\/tr>\n<tr>\n<td>Mirae Asset Long Term Fund-Direct Plan-Growth<\/td>\n<td>Domestic Mutual Funds Units<\/td>\n<td>16.82%<\/td>\n<\/tr>\n<tr>\n<td>TREPS<\/td>\n<td>Cash &amp; Cash Equivalents and Net Assets<\/td>\n<td>1.06%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest holding is Mirae Asset Short Term Fund-Direct Plan-Growth at 44.5%, so almost half the portfolio is tied to a single underlying scheme. The next two positions are also substantial, at 37.69% and 16.82%, which means the structure is dominated by three fund exposures rather than a broad spread of unrelated holdings.<\/p>\n<p>The drop from the largest holding to TREPS is steep, and the whole disclosed book contains only four positions. That tells us the fund is not built around a long tail of small holdings; instead, it relies on a compact set of allocations that may give the portfolio a cleaner shape but also make each underlying sleeve more important to the outcome.<\/p>\n<p>Because the top four holdings account for 100% of the portfolio, the disclosed allocation is fully concentrated within those positions. That does not automatically make the fund aggressive, but it does mean the return path is likely to be influenced mainly by the behaviour of those underlying Mirae Asset funds and by the limited cash-like buffer.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 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 with moderate risk tolerance who want a calmer return profile than a plain equity fund. The Medium Risk label, along with the short-term stability against a weak benchmark, points to a structure that may appeal to those who are comfortable with some fluctuation but still value downside control.<\/p>\n<p>The better fit is usually a medium- to longer-horizon allocation where the investor can allow the fund\u2019s underlying sleeves to play out across market cycles. The main trade-off is that this kind of structure may protect better in weaker phases, but it is unlikely to deliver the kind of upside seen in stronger equity-led peer themes.<\/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 applies at 0.25% on or before 15 days, and it is nil after 15 days.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 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 Mirae Asset Income plus Arbitrage Active FOF Direct Growth Plan?<\/strong><br \/>The current NAV is \u20b910.644 as of 15 September 2026.<\/p>\n<p><strong>What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/strong><br \/>Its 1-year return is 5.31%, while the 3-year and 5-year returns are not available yet because the scheme is too new for those full horizons.<\/p>\n<p><strong>How has the fund done against its benchmark?<\/strong><br \/>It has held up better than the benchmark over the available periods. The 1-month, 3-month and 1-year figures all show a much steadier path than Nifty 50.<\/p>\n<p><strong>How does it compare with the peer funds listed here?<\/strong><br \/>Its 1-year return is much lower than the silver ETF FoF peers shown here, but those funds follow a different theme. The comparison is useful for context, but not as a direct like-for-like return contest.<\/p>\n<p><strong>What is the minimum SIP amount?<\/strong><br \/>The minimum SIP amount is \u20b999.<\/p>\n<p><strong>Who manages the fund, and what is the exit load?<\/strong><br \/>Basant Bafna manages the fund. The exit load is 0.25% on or before 15 days, and nil after 15 days.<\/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>The fund\u2019s near-term pattern is steadier than the benchmark, but its longer-horizon record is still not available because the scheme is recent. Against the peer funds shown here, its 1-year return looks far lower, although those peers are tied to a different market theme. The portfolio is highly compact, with four disclosed holdings accounting for the full allocation, so the underlying sleeves matter a lot. That makes the fund more suitable for investors who value a controlled profile and can accept limited upside compared with stronger equity-linked themes.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 16 September 2026 at 6:04 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\":\"Mirae Asset Income plus Arbitrage Active FOF Direct Growth Plan\",\"identifier\":\"mirae-asset-income-plus-arbitrage-active-fof-g-direct-plan\",\"category\":\"Fund of Fund\",\"dateCreated\":\"04 Jul 2025\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":10.644,\"valueReference\":\"as of 15 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"22 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.06\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":5.31},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Basant Bafna\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of Mirae Asset Income plus Arbitrage Active FOF Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b910.644 as of 15 September 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year return is 5.31%, while the 3-year and 5-year returns are not available yet because the scheme is too new for those full horizons.\"}},{\"@type\":\"Question\",\"name\":\"How has the fund done against its benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has held up better than the benchmark over the available periods. The 1-month, 3-month and 1-year figures all show a much steadier path than Nifty 50.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with the peer funds listed here?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year return is much lower than the silver ETF FoF peers shown here, but those funds follow a different theme. The comparison is useful for context, but not as a direct like-for-like return contest.\"}},{\"@type\":\"Question\",\"name\":\"What is the minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The minimum SIP amount is \u20b999.\"}},{\"@type\":\"Question\",\"name\":\"Who manages the fund, and what is the exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Basant Bafna manages the fund. The exit load is 0.25% on or before 15 days, and nil after 15 days.\"}}]}<\/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>Mirae Asset Income plus Arbitrage Active FOF Direct Growth Plan has a \u20b910.644 NAV as of 15 September 2026, \u20b922 Cr AUM, 5.31% 1-year return and Medium Risk label.<\/p>\n","protected":false},"author":38,"featured_media":250593,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-250597","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["250593"],"rank_math_title":["Mirae Asset Income plus Arbitrage FOF Review | NAV"],"rank_math_description":["Mirae Asset Income plus Arbitrage Active FOF Direct Growth Plan NAV is \u20b910.644 and its 1-year return is 5.31% as of 15 Sep 2026."],"rank_math_focus_keyword":["Mirae Asset 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\/Mirae_Asset_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\/250597","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=250597"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/250597\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/250593"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=250597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=250597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=250597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}