Axis Income Plus Arbitrage Omni FOF

Fund of FundsDirect and Regular plans, Growth and IDCW options

Data as on 29-10-2026

Axis Income Plus Arbitrage Omni FOF is a mutual fund run by Axis Mutual Fund. On 30-09-2026, it managed ₹2,222 Cr of investors' money. In the 3 years to 29-10-2026, its Direct plan returned 7.8% a year and its Regular plan returned 7.5% a year.

NAV (Direct plan): ₹15.76; ▲ 0.00%29-10-2026
NAV (Regular plan): ₹15.41; ▲ 0.00%29-10-2026
Expense ratio: 0.06%Direct0.54%Regular; 0.06%; A year
Riskometer: Moderate; Set by the fund house
3 year return: 7.8%Direct7.5%Regular; 7.8%; A year

Axis Income Plus Arbitrage Omni FOF NAV Today

NAV on 29-10-2026: Direct Plan Growth ₹15.76 (up 0.00% that day); Regular Plan Growth ₹15.41 (up 0.00% that day).

This fund (Direct plan)

₹15.7567

Axis Income Plus Arbitrage Omni FOF Returns

Returns as on 29-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	+0.20%	+0.63%	+2.64%	+5.16%	+7.84%	+6.60%	--
This fund (Regular)	+0.16%	+0.51%	+2.39%	+4.70%	+7.49%	+6.23%	--
Category average	--	--	--	--	--	--	--
Best in category	--	--	--	--	--	--	--
Worst in category	--	--	--	--	--	--	--
Rank in category	--	--	--	--	--	--	--

No category comparison is shown: this fund's category is too broad to compare, or has fewer than five funds. This fund's benchmark is 65% NIFTY Composite Debt Index +35% Nifty 50 Arbitrage TRI. Returns of that index are not available to us.

Axis Income Plus Arbitrage Omni FOF Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	+4.22%	+3.84%
2025	+8.19%	+7.80%
2024	+9.07%	+8.86%
2023	+7.03%	+6.66%
2022	+3.91%	+3.50%
2021	+5.22%	+4.86%

Axis Income Plus Arbitrage Omni FOF Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 914 periods, one for each trading day from 31-01-2023 to 29-10-2026.

0%2%4%6%8%10%

May 2020
to
May 2023Jan 2021
to
Jan 2024Aug 2021
to
Aug 2024Apr 2022
to
Apr 2025Dec 2022
to
Dec 2025Jul 2023
to
Jul 2026

Axis Income Plus Arbitrage Omni FOF (Direct)

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss
1 year	1,398	7.0%	2.5%	11.1%	0%
2 years	1,158	7.2%	4.4%	9.3%	0%
3 years	914	6.7%	5.1%	8.5%	0%
5 years	428	6.8%	6.5%	7.5%	0%

Period	Periods	Median	Lowest	Highest	With a loss
1 year	70	6.8%	1.6%	12.2%	0%
2 years	58	6.8%	3.6%	9.9%	0%
3 years	46	7.4%	4.9%	9.1%	0%
5 years	22	7.5%	6.8%	7.8%	0%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. Past returns do not promise future returns.

Axis Income Plus Arbitrage Omni FOF Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	Axis Income Plus Arbitrage Omni FOF (Direct)This fund
Return (CAGR)	+5.16%
Standard deviation	0.95%
Sharpe ratio	-0.08
Sortino ratio	-0.11
Maximum drawdown	−0.28% (21-05-2026)

From daily NAVs, 29-10-2025 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Axis Income Plus Arbitrage Omni FOF (Direct)This fund
Return (CAGR)	+7.84%
Standard deviation	1.58%
Sharpe ratio	1.15
Sortino ratio	1.67
Maximum drawdown	−0.81% (07-10-2024)

From daily NAVs, 27-10-2023 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Axis Income Plus Arbitrage Omni FOF (Direct)This fund
Return (CAGR)	+6.60%
Standard deviation	1.49%
Sharpe ratio	0.54
Sortino ratio	0.76
Maximum drawdown	−1.1% (06-05-2022)

From daily NAVs, 29-10-2021 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	Axis Income Plus Arbitrage Omni FOF (Direct)This fund
Return (CAGR)	+6.97%
Standard deviation	1.87%
Sharpe ratio	0.98
Sortino ratio	1.55
Maximum drawdown	−2.8% (23-03-2020)

From daily NAVs, 31-01-2020 to 29-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Drawdowns

How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.

−3%−2.5%−2%−1.5%−1%−0.5%0%

202120222023202420252026

Axis Income Plus Arbitrage Omni FOF (Direct)

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Axis Income Plus Arbitrage Omni FOF (Direct)	−2.8%	09-03-2020	23-03-2020	20-04-2020	28 days	−0.09%

From the Direct plan's daily NAV since 31-01-2020, adjusted for unit splits. "Time to climb back" runs from the bottom to the first day back at the old high.

Axis Income Plus Arbitrage Omni FOF Expense Ratio and Costs

What each plan charges a year, in force from 01-09-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio
Direct	0.05%	0.00%	0.00%	0.01%	0.06%
Regular	0.45%	0.00%	0.00%	0.09%	0.54%

The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	4.70%	5.16%	0.46%	₹1,04,700	₹1,05,160
3 years	7.49%	7.84%	0.35% a year	₹1,24,195	₹1,25,412
5 years	6.23%	6.60%	0.37% a year	₹1,35,281	₹1,37,653

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

Axis Income Plus Arbitrage Omni FOF SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 31-01-2020 to 29-10-2026: 82 instalments, ₹8,20,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planAxis Income Plus Arbitrage Omni FOF (Direct)	₹8,20,000	₹10,38,953	₹2,18,953	6.8%
Regular planAxis Income Plus Arbitrage Omni FOF (Regular)	₹8,20,000	₹10,25,782	₹2,05,782	6.5%

₹0₹5.0 L₹10.0 L₹15.0 L

202120222023202420252026

Direct planAxis Income Plus Arbitrage Omni FOF (Direct)Regular planAxis Income Plus Arbitrage Omni FOF (Regular)Amount invested

From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

Axis Income Plus Arbitrage Omni FOF Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

100.0%Cash and others

Asset	Fund
Cash and others	100.0%

Axis Income Plus Arbitrage Omni FOF Portfolio Holdings

As on 30-09-2026 · 6 holdings · from the fund house's monthly portfolio

Holdings	Sector	Weight%
Axis Corporate Bond Fund - Direct Plan Growth		40.08%
Axis Arbitrage Fund Direct Plan Growth		23.63%
Aditya Birla Sun Life Arbitrage Fund - Growth - Direct Plan		13.55%
Kotak Arbitrage Fund - Growth - Direct		9.18%
Nippon India Corporate Bond Fund - Direct Plan-Growth Plan		9.12%
Axis CRISIL-IBX Financial Services 3-6 Months Debt Index Fund - Direct Plan - Growth option		1.86%

Axis Income Plus Arbitrage Omni FOF Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
Axis Income Plus Arbitrage Passive FOFFund of Funds · Axis	23.6%	1	Compare
Franklin India Income Plus Arbitrage Active Fund of FundsFund of Funds · Franklin Templeton	18.5%	3	Compare
Aditya Birla Sun Life Income plus Arbitrage Active FOFFund of Funds · Aditya Birla Sun Life	13.6%	1	Compare
Sundaram Income Plus Arbitrage Active FoFFund of Funds · Sundaram	12.9%	2	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

Axis Income Plus Arbitrage Omni FOF Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.06%
Expense ratio (Regular): 0.54%
Category: Fund of Funds
Risk: Moderate
Launch date: 28-01-2020
Minimum investment: ₹100
Minimum additional investment: ₹100
AUM: ₹2,222.05 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 147889
ISIN (Direct): INF846K01U09
Scheme code (Regular): 147890
ISIN (Regular): INF846K01V16
NAV history: From 31-01-2020, 6.7 years

Benchmark: 65% NIFTY Composite Debt Index +35% Nifty 50 Arbitrage TRI
Exit load: Nil

Tax on Axis Income Plus Arbitrage Omni FOF returns

How the gain is taxed depends on what the fund holds. A fund with 65% or more in Indian stocks is taxed as an equity fund: 20% within 1 year, 12.5% after, on gains above ₹1.25 lakh a year.
A fund with 65% or more in debt is taxed at your slab rate. Any other fund: your slab rate within 2 years, 12.5% after.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹15.7567	29-10-2026
direct	Annual IDCW	₹14.2709	29-10-2026
direct	Half Yearly Dividend	₹11.4492	29-10-2026
direct	IDCW	₹15.7699	29-10-2026
direct	Monthly IDCW	₹15.7698	29-10-2026
direct	Quarterly IDCW	₹12.1639	29-10-2026
regular	Growth	₹15.4061	29-10-2026
regular	Annual IDCW	₹13.961	29-10-2026
regular	Half Yearly IDCW	₹11.9775	29-10-2026
regular	IDCW	₹15.4105	29-10-2026
regular	Monthly IDCW	₹15.4052	29-10-2026
regular	Quarterly IDCW	₹11.2985	29-10-2026

About Axis Income Plus Arbitrage Omni FOF

Axis Income Plus Arbitrage Omni FOF is a mutual fund from Axis Mutual Fund. Its category is Fund of Funds. It was launched on 28-01-2020. Its benchmark is 65% NIFTY Composite Debt Index +35% Nifty 50 Arbitrage TRI. At the end of September 2026 it held 6 securities.

Fund Manager

Devang Shah
Fund manager of Axis Income Plus Arbitrage Omni FOF, since 01-02-2023
Hardik Shah
Fund manager of Axis Income Plus Arbitrage Omni FOF, since 05-04-2024
Anagha Darade
Fund manager of Axis Income Plus Arbitrage Omni FOF, since 05-04-2024

See all funds of Axis Mutual Fund

AUM change

September 2026: ₹2,222.05 Cr; −0.55% from August 2026
August 2026: ₹2,234.43 Cr; +1.31% from July 2026
July 2026: ₹2,205.60 Cr; +3.42% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare Axis Income Plus Arbitrage Omni FOF with Other Funds

Returns, risk, costs and the stocks they share, side by side

Compare with any other fund

Frequently Asked Questions for Axis Income Plus Arbitrage Omni FOF

What is the current NAV of Axis Income Plus Arbitrage Omni FOF?

The Direct plan NAV is ₹15.7567. The Regular plan NAV is ₹15.4061, as on 29-10-2026.

What are the returns of Axis Income Plus Arbitrage Omni FOF?

The Direct plan returned +5.16% in 1 year, +7.84% a year over 3 years, +6.60% a year over 5 years. The Regular plan returned +4.70% in 1 year, +7.49% a year over 3 years, +6.23% a year over 5 years. These figures are as on 29-10-2026.

What is the expense ratio of Axis Income Plus Arbitrage Omni FOF?

The Direct plan charges 0.06% a year. The Regular plan charges 0.54% a year. This is the figure the fund house reported to AMFI, in force from 01-09-2026.

What is the AUM of Axis Income Plus Arbitrage Omni FOF?

Axis Income Plus Arbitrage Omni FOF managed ₹2,222.05 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Axis Income Plus Arbitrage Omni FOF?

At the end of September 2026 the largest holdings were Axis Corporate Bond Fund - Direct Plan Growth (40.08%), Axis Arbitrage Fund Direct Plan Growth (23.63%), Aditya Birla Sun Life Arbitrage Fund - Growth - Direct Plan (13.55%), Kotak Arbitrage Fund - Growth - Direct (9.18%), Nippon India Corporate Bond Fund - Direct Plan-Growth Plan (9.12%). The fund held 6 securities in all.

How do I invest in Axis Income Plus Arbitrage Omni FOF?

Through Axis Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹100. You can invest once or through a monthly SIP.

Who is the fund manager of Axis Income Plus Arbitrage Omni FOF?

Devang Shah (since 01-02-2023), Hardik Shah (since 05-04-2024), Anagha Darade (since 05-04-2024).

What is the exit load of Axis Income Plus Arbitrage Omni FOF?

Nil

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.