What is the minimum amount to invest in Income plus Arbitrage funds?

You can start investing in Income plus Arbitrage funds with a minimum SIP of ₹99 per month or a minimum lumpsum of ₹100. The minimum investment varies across fund houses — some funds allow even lower entry points.

How are Income plus Arbitrage fund returns taxed?

Gains from Income plus Arbitrage funds held for less than 12 months are taxed at 20% (Short-Term Capital Gains). Gains on units held for 12 months or more are taxed at 12.5% (Long-Term Capital Gains), with ₹1.25 lakh per year being exempt per financial year. Dividends (IDCW) are taxed at your applicable income tax slab rate.

Which Income plus Arbitrage funds have the lowest expense ratio?

Among Income plus Arbitrage funds, HDFC Income Plus Arbitrage Active FoF Direct-Growth has the lowest expense ratio at 0.02% (Direct Plan), followed by Bandhan Income Plus Arbitrage Active FoF Direct-Growth at 0.04%. Lower expense ratios directly improve your net returns over the long term.

How many Income plus Arbitrage mutual funds are available in India?

There are currently 22 Income plus Arbitrage mutual funds available in India across different fund houses. You can compare all 22 funds on Sharpely based on returns, risk, AUM, and expense ratio to find the one that suits your investment goals.

mutual funds category

Income Plus Arbitrage

Income plus Arbitrage Funds

Q: What are the top performing Income plus Arbitrage funds?

Based on 1-year returns, the top performing Income plus Arbitrage funds are ICICI Prudential Income Plus Arbitrage Omni FoF Direct-Growth with 6.45% return, Franklin India Income Plus Arbitrage Active FoF Direct-Growth with 6.03% return, and Baroda BNP Paribas Income Plus Arbitrage Active FoF Direct-Growth with 6.00% return. The category average 1-year return is 5.72%.

Q: Which Income plus Arbitrage funds have given the best returns over 3 years?

Over a 3-year period, the best performing Income plus Arbitrage funds are ICICI Prudential Income Plus Arbitrage Omni FoF Direct-Growth with a 13.37% CAGR, Franklin India Income Plus Arbitrage Active FoF Direct-Growth with 10.10% CAGR, and Baroda BNP Paribas Income Plus Arbitrage Active FoF Direct-Growth with 9.83% CAGR. The category average 3-year return stands at 0.00% CAGR.

Q: Which Income plus Arbitrage funds have given the best returns over 5 years?

Over a 5-year period, the top Income plus Arbitrage funds are ICICI Prudential Income Plus Arbitrage Omni FoF Direct-Growth with a 11.60% CAGR, Franklin India Income Plus Arbitrage Active FoF Direct-Growth with 10.85% CAGR, and Baroda BNP Paribas Income Plus Arbitrage Active FoF Direct-Growth with 9.88% CAGR. The category average 5-year return is 0.00% CAGR.

Q: What are the largest Income plus Arbitrage mutual funds by assets?

The largest Income plus Arbitrage funds by Assets Under Management (AUM) are Kotak Income Plus Arbitrage Omni FoF Direct-Growth with ₹ 7,729.70 crore, ICICI Prudential Income Plus Arbitrage Omni FoF Direct-Growth with ₹ 3,040.03 crore, and HDFC Income Plus Arbitrage Active FoF Direct-Growth with ₹ 2,416.31 crore. Together, there are 22 Income plus Arbitrage funds available in India.

Total Schemes

No. of schemes

Total AUM

₹ 0.24Lakh Cr

As on latest

Category Return (5Y)

CAGR

Benchmark Data

This category currently has no benchmark assigned.

Category Returns (%)

Period	1M	6M	1Y	3Y CAGR	5Y CAGR	10Y CAGR	YTD
Income plus Arbitrage	0.75 %	3.29 %	5.72 %	-	-	-	3.28 %
Benchmark Not Available No benchmark assigned	-	-	-	-	-	-	-

Top Income plus Arbitrage Funds (by AUM)

Fund Name	AUM (₹ Cr)	1Y Return	3Y CAGR	5Y CAGR	Expense Ratio
Kotak Income Plus Arbitrage Omni FoF Direct-GrowthNAV: ₹13.16	7,729.70 Cr	5.89%	7.84%	-	0.07%
ICICI Prudential Income Plus Arbitrage Omni FoF Direct-GrowthNAV: ₹71.62	3,040.03 Cr	6.45%	10.10%	9.88%	0.07%
HDFC Income Plus Arbitrage Active FoF Direct-GrowthNAV: ₹45.50	2,416.31 Cr	5.62%	9.83%	10.85%	0.02%
Axis Income Plus Arbitrage Active FoF Direct-GrowthNAV: ₹15.62	2,132.73 Cr	5.93%	7.83%	6.76%	0.06%
SBI Income Plus Arbitrage Active FoF Direct-GrowthNAV: ₹10.70	1,824.71 Cr	5.67%	-	-	0.13%
Bandhan Income Plus Arbitrage Active FoF Direct-GrowthNAV: ₹48.97	1,639.67 Cr	5.90%	7.39%	6.28%	0.04%
DSP Income Plus Arbitrage Omni FoF Direct-GrowthNAV: ₹23.78	1,491.34 Cr	5.26%	8.82%	5.70%	0.43%
Aditya Birla Sun Life Income Plus Arbitrage Active FoF Direct-GrowthNAV: ₹41.94	1,066.30 Cr	5.42%	7.30%	6.24%	0.06%
Nippon India Income Plus Arbitrage Active FoF Direct-GrowthNAV: ₹10.65	627.82 Cr	5.79%	-	-	0.07%
HSBC Income Plus Arbitrage Active FoF Direct-GrowthNAV: ₹24.02	537.57 Cr	5.28%	7.46%	6.45%	0.16%
Tata Income Plus Arbitrage Active FoF Direct-GrowthNAV: ₹10.65	242.21 Cr	5.71%	-	-	0.09%
Invesco India Income Plus Arbitrage Active FoF Direct-GrowthNAV: ₹1,057.74	219.97 Cr	-	-	-	0.04%
Edelweiss Income Plus Arbitrage Omni FoF Direct-GrowthNAV: ₹10.55	216.52 Cr	-	-	-	0.07%
UTI Income Plus Arbitrage Active FoF Direct-GrowthNAV: ₹10.82	185.27 Cr	5.69%	-	-	0.22%
Franklin India Income Plus Arbitrage Active FoF Direct-GrowthNAV: ₹25.18	137.06 Cr	6.03%	13.37%	11.60%	0.20%

Income plus Arbitrage vs Other Categories

5Y CAGR Return Comparison

No comparison data available.

Key Insights

This category does not currently have enough historical return data.

Comparison insights cannot be generated without valid performance history.

Please check back later as more return data becomes available.

Let's have a closer look

Now let us jump and check about these top 15 mutual fund schemes.

Kotak Income Plus Arbitrage Omni FoF Direct-Growth

Fund Performance: Kotak Income Plus Arbitrage Omni FoF Direct-Growth has given 7.84% annualized returns in the past three years. The Kotak Income Plus Arbitrage Omni FoF Direct-Growth comes under the Hybrid category of Kotak Mahindra Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Kotak Income Plus Arbitrage Omni FoF Direct-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 7,729.70Cr

1Y Returns

5.89%

Expense Ratio

0.07%

ICICI Prudential Income Plus Arbitrage Omni FoF Direct-Growth

Fund Performance: ICICI Prudential Income Plus Arbitrage Omni FoF Direct-Growth has given 10.10% annualized returns in the past three years and 9.88% in the last 5 years. The ICICI Prudential Income Plus Arbitrage Omni FoF Direct-Growth comes under the Hybrid category of ICICI Prudential Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Income Plus Arbitrage Omni FoF Direct-Growth via lump sum is ₹ 500.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 500.00

AUM

₹ 3,040.03Cr

1Y Returns

6.45%

Expense Ratio

0.07%

HDFC Income Plus Arbitrage Active FoF Direct-Growth

Fund Performance: HDFC Income Plus Arbitrage Active FoF Direct-Growth has given 9.83% annualized returns in the past three years and 10.85% in the last 5 years. The HDFC Income Plus Arbitrage Active FoF Direct-Growth comes under the Hybrid category of HDFC Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in HDFC Income Plus Arbitrage Active FoF Direct-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 2,416.31Cr

1Y Returns

5.62%

Expense Ratio

0.02%

Axis Income Plus Arbitrage Active FoF Direct-Growth

Fund Performance: Axis Income Plus Arbitrage Active FoF Direct-Growth has given 7.83% annualized returns in the past three years and 6.76% in the last 5 years. The Axis Income Plus Arbitrage Active FoF Direct-Growth comes under the Hybrid category of Axis Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Axis Income Plus Arbitrage Active FoF Direct-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 2,132.73Cr

1Y Returns

5.93%

Expense Ratio

0.06%

SBI Income Plus Arbitrage Active FoF Direct-Growth

Fund Performance: The SBI Income Plus Arbitrage Active FoF Direct-Growth comes under the Hybrid category of SBI Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in SBI Income Plus Arbitrage Active FoF Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 1,824.71Cr

1Y Returns

5.67%

Expense Ratio

0.13%

Bandhan Income Plus Arbitrage Active FoF Direct-Growth

Fund Performance: Bandhan Income Plus Arbitrage Active FoF Direct-Growth has given 7.39% annualized returns in the past three years and 6.28% in the last 5 years. The Bandhan Income Plus Arbitrage Active FoF Direct-Growth comes under the Hybrid category of Bandhan Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Bandhan Income Plus Arbitrage Active FoF Direct-Growth via lump sum is ₹ 1,000.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 1,000.00

AUM

₹ 1,639.67Cr

1Y Returns

5.90%

Expense Ratio

0.04%

DSP Income Plus Arbitrage Omni FoF Direct-Growth

Fund Performance: DSP Income Plus Arbitrage Omni FoF Direct-Growth has given 8.82% annualized returns in the past three years and 5.70% in the last 5 years. The DSP Income Plus Arbitrage Omni FoF Direct-Growth comes under the Hybrid category of DSP Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in DSP Income Plus Arbitrage Omni FoF Direct-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 1,491.34Cr

1Y Returns

5.26%

Expense Ratio

0.43%

Aditya Birla Sun Life Income Plus Arbitrage Active FoF Direct-Growth

Fund Performance: Aditya Birla Sun Life Income Plus Arbitrage Active FoF Direct-Growth has given 7.30% annualized returns in the past three years and 6.24% in the last 5 years. The Aditya Birla Sun Life Income Plus Arbitrage Active FoF Direct-Growth comes under the Hybrid category of Aditya Birla Sun Life Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Aditya Birla Sun Life Income Plus Arbitrage Active FoF Direct-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 1,066.30Cr

1Y Returns

5.42%

Expense Ratio

0.06%

Nippon India Income Plus Arbitrage Active FoF Direct-Growth

Fund Performance: The Nippon India Income Plus Arbitrage Active FoF Direct-Growth comes under the Hybrid category of Nippon India Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Nippon India Income Plus Arbitrage Active FoF Direct-Growth via lump sum is ₹ 500.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 500.00

AUM

₹ 627.82Cr

1Y Returns

5.79%

Expense Ratio

0.07%

HSBC Income Plus Arbitrage Active FoF Direct-Growth

Fund Performance: HSBC Income Plus Arbitrage Active FoF Direct-Growth has given 7.46% annualized returns in the past three years and 6.45% in the last 5 years. The HSBC Income Plus Arbitrage Active FoF Direct-Growth comes under the Hybrid category of HSBC Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in HSBC Income Plus Arbitrage Active FoF Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 1,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 537.57Cr

1Y Returns

5.28%

Expense Ratio

0.16%

Tata Income Plus Arbitrage Active FoF Direct-Growth

Fund Performance: The Tata Income Plus Arbitrage Active FoF Direct-Growth comes under the Hybrid category of Tata Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Tata Income Plus Arbitrage Active FoF Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 150.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 242.21Cr

1Y Returns

5.71%

Expense Ratio

0.09%

Invesco India Income Plus Arbitrage Active FoF Direct-Growth

Fund Performance: The Invesco India Income Plus Arbitrage Active FoF Direct-Growth comes under the Hybrid category of Invesco Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Invesco India Income Plus Arbitrage Active FoF Direct-Growth via lump sum is ₹ 1,000.00 and via SIP is ₹ 1,000.00.

Min Investment Amt

₹ 1,000.00

AUM

₹ 219.97Cr

1Y Returns

Expense Ratio

0.04%

Edelweiss Income Plus Arbitrage Omni FoF Direct-Growth

Fund Performance: The Edelweiss Income Plus Arbitrage Omni FoF Direct-Growth comes under the Hybrid category of Edelweiss Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Edelweiss Income Plus Arbitrage Omni FoF Direct-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 216.52Cr

1Y Returns

Expense Ratio

0.07%

UTI Income Plus Arbitrage Active FoF Direct-Growth

Fund Performance: The UTI Income Plus Arbitrage Active FoF Direct-Growth comes under the Hybrid category of UTI Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in UTI Income Plus Arbitrage Active FoF Direct-Growth via lump sum is ₹ 1,000.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 1,000.00

AUM

₹ 185.27Cr

1Y Returns

5.69%

Expense Ratio

0.22%

Franklin India Income Plus Arbitrage Active FoF Direct-Growth

Fund Performance: Franklin India Income Plus Arbitrage Active FoF Direct-Growth has given 13.37% annualized returns in the past three years and 11.60% in the last 5 years. The Franklin India Income Plus Arbitrage Active FoF Direct-Growth comes under the Hybrid category of Franklin Templeton Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Franklin India Income Plus Arbitrage Active FoF Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 137.06Cr

1Y Returns

6.03%

Expense Ratio

0.20%

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Frequently asked questions

Based on average 5-year rolling returns, the best Income plus Arbitrage funds for SIP are HDFC Income Plus Arbitrage Active FoF Direct-Growth with 5-year average rolling return of 12.22%, ICICI Prudential Income Plus Arbitrage Omni FoF Direct-Growth with 9.77%, and DSP Income Plus Arbitrage Omni FoF Direct-Growth with 9.13%. You can start a SIP in Income plus Arbitrage funds with as little as ₹99 per month.