Question 1

Which funds are similar to Union Income Plus Arbitrage Active FoF Direct-Growth?

Accepted Answer

Funds similar to Union Income Plus Arbitrage Active FoF Direct-Growth in the Hybrid: Income plus Arbitrage category include Kotak Income Plus Arbitrage Omni FoF Direct-Growth, ICICI Prudential Income Plus Arbitrage Omni FoF Direct-Growth, and HDFC Income Plus Arbitrage Active FoF Direct-Growth. These funds follow a comparable investment mandate and are benchmarked against similar indices. You can compare them in detail — across returns, risk metrics, expense ratio, and portfolio composition — using the fund comparison tool on sharpely.

Question 2

What is the rank of Union Income Plus Arbitrage Active FoF Direct-Growth in its category?

Accepted Answer

The category rank of Union Income Plus Arbitrage Active FoF Direct-Growth is shown in the Trailing Returns section above.

Question 3

How does Union Income Plus Arbitrage Active FoF Direct-Growth's expense ratio compare to similar funds?

Accepted Answer

Union Income Plus Arbitrage Active FoF Direct-Growth has an expense ratio of 0.13%. The peers Kotak Income Plus Arbitrage Omni FoF Direct-Growth has an expense ratio of 0.07% and ICICI Prudential Income Plus Arbitrage Omni FoF Direct-Growth has 0.07%. Over the long term, a higher expense ratio can meaningfully drag on returns, so it is worth evaluating whether the fund's performance justifies the additional cost.

Question 4

How does Union Income Plus Arbitrage Active FoF Direct-Growth's AUM compare to similar funds?

Accepted Answer

Union Income Plus Arbitrage Active FoF Direct-Growth has an AUM of ₹64 crore. The peers Kotak Income Plus Arbitrage Omni FoF Direct-Growth has an AUM of ₹7,729.7 crore and ICICI Prudential Income Plus Arbitrage Omni FoF Direct-Growth has ₹3,040.03 crore. A large AUM can sometimes limit a fund's ability to take meaningful positions in mid and small-cap stocks, as larger trades can move prices. This is particularly relevant for funds that invest outside large caps.

Question 5

Which fund has the best 3-year returns in the Hybrid: Income plus Arbitrage?

Accepted Answer

The top performing fund in the Hybrid: Income plus Arbitrage category on a 3-year basis is Franklin India Income Plus Arbitrage Active FoF Direct-Growth with a CAGR of 13.37% as of 16 Jul 2026. Union Income Plus Arbitrage Active FoF Direct-Growth has delivered - CAGR over the same period. You can view and compare the full category ranking on sharpely.

Question 6

How does Union Income Plus Arbitrage Active FoF Direct-Growth rank in risk-adjusted returns vs peers?

Accepted Answer

The Sharpe ratio of Union Income Plus Arbitrage Active FoF Direct-Growth is shown in the Alpha, Beta & Sharpe section on the Performance tab.

Union Income Plus Arbitrage Active FoF Direct-Growth

Similar Funds

Funds in Hybrid: Income plus Arbitrage

Frequently Asked Questions

Funds in Hybrid: Income plus Arbitrage

Frequently Asked Questions