Axis Income Plus Arbitrage Omni FOF vs Sundaram Income Plus Arbitrage Active FoF
Direct Plan, Growth option · Data as on 29-10-2026
Axis Income Plus Arbitrage Omni FOF is a Fund of Funds fund and Sundaram Income Plus Arbitrage Active FoF is a Fund of Funds fund. Axis Income Plus Arbitrage Omni FOF charges 0.06% a year and Sundaram Income Plus Arbitrage Active FoF 0.34% (Direct plans). Their portfolios overlap 12.9%: they hold 2 of the same securities.
Axis Income Plus Arbitrage Omni FOF
Fund of Funds
- Expense ratio
- 0.06%
- NAV
- ₹15.76
Sundaram Income Plus Arbitrage Active FoF
Fund of Funds
- Expense ratio
- 0.34%
- NAV
- ₹10.44
Which is better, Axis Income Plus Arbitrage Omni FOF or Sundaram Income Plus Arbitrage Active FoF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Axis Income Plus Arbitrage Omni FOF costs less: 0.06% a year against 0.34% (Direct plans).
- Sundaram Income Plus Arbitrage Active FoF fell less in its worst fall since 13-01-2026: −0.2% against −0.3%.
- Axis Income Plus Arbitrage Omni FOF is the larger fund: ₹2,222 Cr against ₹56 Cr.
- Their portfolios overlap 12.9%: 2 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Axis Income Plus Arbitrage Omni FOF | Sundaram Income Plus Arbitrage Active FoF |
|---|---|---|
| Fund house | Axis Mutual Fund | Sundaram Mutual Fund |
| Category | Fund of Funds | Fund of Funds |
| AUM | ₹2,222 Cr (30-09-2026) | ₹56 Cr (30-09-2026) |
| NAV | ₹15.76 (Direct) | ₹10.44 (Direct) |
| Expense ratio (Direct) | 0.06% | 0.34% |
| Expense ratio (Regular) | 0.54% | 0.59% |
| Riskometer | Moderate | Low to Moderate |
| Benchmark | 65% NIFTY Composite Debt Index +35% Nifty 50 Arbitrage TRI | 60% Nifty Short Duration Debt Index A-II + 40% Nifty 50 Arbitrage TRI |
| Launch date | 28-01-2020 | 12-01-2026 |
| Minimum investment | ₹100 | Regular Plan & Direct Plan Options: For first investment – Rs. 5000/- and multiples of Re.1/- thereafter |
| Lock in | None | None |
| Fund managers | Devang Shah, Hardik Shah, Anagha Darade | S. Bharath, Sandeep Agarwal, Kumaresh Ramakrishnan |
| Exit load | Nil | NIL |
Axis Income Plus Arbitrage Omni FOF vs Sundaram Income Plus Arbitrage Active FoF: Returns Comparison
Returns as on 29-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Axis Income Plus Arbitrage Omni FOF (Direct) | +0.20% | +0.63% | +2.64% | +5.16% | +7.84% | +6.60% | -- |
| Sundaram Income Plus Arbitrage Active FoF (Direct) | +0.26% | +0.89% | +2.68% | -- | -- | -- | -- |
Axis Income Plus Arbitrage Omni FOF vs Sundaram Income Plus Arbitrage Active FoF: Year-wise Returns
| Year | Axis Income Plus Arbitrage OmniAxis Income Plus Arbitrage Omni FOF | Sundaram Income Plus Arbitrage ActiveSundaram Income Plus Arbitrage Active FoF |
|---|---|---|
| 2026to date | +4.22% | -- |
| 2025 | +8.19% | -- |
| 2024 | +9.07% | -- |
| 2023 | +7.03% | -- |
| 2022 | +3.91% | -- |
| 2021 | +5.22% | -- |
Axis Income Plus Arbitrage Omni FOF vs Sundaram Income Plus Arbitrage Active FoF: Rolling Returns
Every holding period of both funds
Axis Income Plus Arbitrage Omni FOF vs Sundaram Income Plus Arbitrage Active FoF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Axis Income Plus Arbitrage Omni FOF (Direct) | Sundaram Income Plus Arbitrage Active FoF (Direct) |
|---|---|---|
| Return (CAGR) | +6.97% | +5.44% |
| Standard deviation | 1.87% | 0.84% |
| Sharpe ratio | 0.98 | 0.30 |
| Sortino ratio | 1.55 | 0.44 |
| Maximum drawdown | −2.8% (23-03-2020) | −0.2% (15-09-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
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. Beta and alpha compare each fund with its own benchmark's TRI.
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.
Axis Income Plus Arbitrage Omni FOF (Direct)
Sundaram Income Plus Arbitrage Active FoF (Direct)
| Fund | 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) | −0.3% | 08-05-2026 | 21-05-2026 | 01-06-2026 | 11 days | −0.1% |
| Sundaram Income Plus Arbitrage Active FoF (Direct) | −0.2% | 10-09-2026 | 15-09-2026 | 23-09-2026 | 8 days | −0.1% |
From daily values since 13-01-2026, the first day every fund has.
Axis Income Plus Arbitrage Omni FOF vs Sundaram Income Plus Arbitrage Active FoF: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Income Plus Arbitrage Omni FOF, September 2026; Sundaram Income Plus Arbitrage Active FoF, September 2026
Holdings in common
- Overlap
- 12.9%
- Held by both
- 2
- Only in Axis Income Plus Arbitrage Omni FOF
- 4
- Only in Sundaram Income Plus Arbitrage Active FoF
- 6
| Security | % of Axis Income Plus Arbitrage Omni FOF | % of Sundaram Income Plus Arbitrage Active FoF |
|---|---|---|
| Nippon India Corporate Bond Fund - Direct Plan-Growth Plan | 9.12% | 9.19% |
| Axis Corporate Bond Fund - Direct Plan Growth | 40.08% | 3.74% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 12.9% means 12.9% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Axis Income Plus Arbitrage Omni FOF
| Security | % of fund |
|---|---|
| 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% |
| Axis CRISIL-IBX Financial Services 3-6 Months Debt Index Fund - Direct Plan - Growth option | 1.86% |
Largest holdings only in Sundaram Income Plus Arbitrage Active FoF
| Security | % of fund |
|---|---|
| Sundaram Arbitrage Fund - Direct Growth | 36.71% |
| Sundaram Short Term Fund - Direct Growth | 16.08% |
| Sundaram Money Market Fund-Direct Plan - Growth | 13.76% |
| Bandhan Short Term Fund - Direct Growth | 13.03% |
| Tata Arbitrage Fund - Direct Growth | 4.48% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis Income Plus Arbitrage Omni FOF | Sundaram Income Plus Arbitrage Active FoF |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 100.0% | 100.0% |
Axis Income Plus Arbitrage Omni FOF vs Sundaram Income Plus Arbitrage Active FoF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Income Plus Arbitrage Omni FOF | Sundaram Income Plus Arbitrage Active FoF |
|---|---|---|
| Total expense ratio (Direct) | 0.06% | 0.34% |
| Base expense ratio (Direct) | 0.05% | 0.32% |
| Total expense ratio (Regular) | 0.54% | 0.59% |
| Base expense ratio (Regular) | 0.45% | 0.56% |
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, transaction costs, and levies with GST.
Axis Income Plus Arbitrage Omni FOF vs Sundaram Income Plus Arbitrage Active FoF: Frequently Asked Questions
What is the difference between Axis Income Plus Arbitrage Omni FOF and Sundaram Income Plus Arbitrage Active FoF?
Axis Income Plus Arbitrage Omni FOF is a Fund of Funds fund, Sundaram Income Plus Arbitrage Active FoF is a Fund of Funds fund, run by Axis Mutual Fund and Sundaram Mutual Fund. Their portfolios overlap 12.9%. Axis Income Plus Arbitrage Omni FOF charges 0.06% a year and Sundaram Income Plus Arbitrage Active FoF 0.34%.
Which has the lower expense ratio, Axis Income Plus Arbitrage Omni FOF or Sundaram Income Plus Arbitrage Active FoF?
Axis Income Plus Arbitrage Omni FOF charges less: 0.06% a year against 0.34%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis Income Plus Arbitrage Omni FOF and Sundaram Income Plus Arbitrage Active FoF overlap?
12.9%. They hold 2 of the same securities, the largest shared ones being Nippon India Corporate Bond Fund - Direct Plan-Growth Plan, Axis Corporate Bond Fund - Direct Plan Growth. From each fund's latest monthly portfolio.
Which is riskier, Axis Income Plus Arbitrage Omni FOF or Sundaram Income Plus Arbitrage Active FoF?
On SEBI's riskometer, Axis Income Plus Arbitrage Omni FOF is rated Moderate and Sundaram Income Plus Arbitrage Active FoF Low to Moderate. Over their common history, the standard deviation of daily returns was 1.87% and 0.84% a year.
Can I invest in both Axis Income Plus Arbitrage Omni FOF and Sundaram Income Plus Arbitrage Active FoF?
Yes. 12.9% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Axis Income Plus Arbitrage Omni FOF and Sundaram Income Plus Arbitrage Active FoF?
Axis Income Plus Arbitrage Omni FOF: Devang Shah, Hardik Shah, Anagha Darade. Sundaram Income Plus Arbitrage Active FoF: S. Bharath, Sandeep Agarwal, Kumaresh Ramakrishnan.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
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.