HDFC Income Plus Arbitrage Active FOF vs HDFC Income Plus Arbitrage Omni FOF
Direct Plan, Growth option · Data as on 30-10-2026
HDFC Income Plus Arbitrage Active FOF is a Fund of Funds fund and HDFC Income Plus Arbitrage Omni FOF is a Fund of Funds fund. HDFC Income Plus Arbitrage Active FOF charges 0.02% a year and HDFC Income Plus Arbitrage Omni FOF 0.06% (Direct plans). Their portfolios overlap 36.0%: they hold 1 of the same security.
HDFC Income Plus Arbitrage Active FOF
Fund of Funds
- Expense ratio
- 0.02%
- NAV
- ₹45.78
HDFC Income Plus Arbitrage Omni FOF
Fund of Funds
- Expense ratio
- 0.06%
- NAV
- ₹10.43
Which is better, HDFC Income Plus Arbitrage Active FOF or HDFC Income Plus Arbitrage Omni FOF? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- HDFC Income Plus Arbitrage Active FOF costs less: 0.02% a year against 0.06% (Direct plans).
- HDFC Income Plus Arbitrage Omni FOF fell less in its worst fall since 12-03-2026: −0.2% against −0.3%.
- HDFC Income Plus Arbitrage Active FOF is the larger fund: ₹2,647 Cr against ₹31 Cr.
- Their portfolios overlap 36.0%: 1 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 | HDFC Income Plus Arbitrage Active FOF | HDFC Income Plus Arbitrage Omni FOF |
|---|---|---|
| Fund house | HDFC Mutual Fund | HDFC Mutual Fund |
| Category | Fund of Funds | Fund of Funds |
| AUM | ₹2,647 Cr (30-09-2026) | ₹31 Cr (30-09-2026) |
| NAV | ₹45.78 (Direct) | ₹10.43 (Direct) |
| Expense ratio (Direct) | 0.02% | 0.06% |
| Expense ratio (Regular) | 0.34% | 0.41% |
| Riskometer | Moderate | Moderately High |
| Benchmark | 40% NIFTY 50 Arbitrage Index + 60% NIFTY Composite Debt Index | 40% NIFTY 50 Arbitrage Index (TRI) + 60% NIFTY Short Duration Debt Index |
| Launch date | 06-02-2012 | 12-03-2026 |
| Minimum investment | ₹100 | ₹100 |
| Lock in | None | None |
| Fund managers | Anil Bamboli | Bhavyesh Divecha, Praveen Jain |
| Exit load | NIL | In respect of each purchase / switch-in of Units, an Exit Load of 1.00% is payable if Units are redeemed/ switchedout within 18 months from the date of allotment. No Exit Load is payable if Units are redeemed / switched-out after 18 months from the date of allotment. |
HDFC Income Plus Arbitrage Active FOF vs HDFC Income Plus Arbitrage Omni FOF: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| HDFC Income Plus Arbitrage Active FOF (Direct) | −0.01% | +0.43% | +2.54% | +4.76% | +9.07% | +10.16% | +11.08% |
| HDFC Income Plus Arbitrage Omni FOF (Direct) | +0.19% | +1.16% | +3.58% | -- | -- | -- | -- |
HDFC Income Plus Arbitrage Active FOF vs HDFC Income Plus Arbitrage Omni FOF: Year-wise Returns
| Year | ActiveHDFC Income Plus Arbitrage Active FOF | OmniHDFC Income Plus Arbitrage Omni FOF |
|---|---|---|
| 2026to date | +3.84% | -- |
| 2025 | +1.74% | -- |
| 2024 | +13.77% | -- |
| 2023 | +23.75% | -- |
| 2022 | +8.19% | -- |
| 2021 | +22.43% | -- |
HDFC Income Plus Arbitrage Active FOF vs HDFC Income Plus Arbitrage Omni FOF: Rolling Returns
Every holding period of both funds
HDFC Income Plus Arbitrage Active FOF vs HDFC Income Plus Arbitrage Omni FOF: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | HDFC Income Plus Arbitrage Active FOF (Direct) | HDFC Income Plus Arbitrage Omni FOF (Direct) |
|---|---|---|
| Return (CAGR) | +11.22% | +6.94% |
| Standard deviation | 9.24% | 1.02% |
| Sharpe ratio | 0.59 | 1.64 |
| Sortino ratio | 0.78 | 2.54 |
| Maximum drawdown | −23.1% (23-03-2020) | −0.2% (22-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-06-2014 to 30-10-2026. 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.
HDFC Income Plus Arbitrage Active FOF (Direct)
HDFC Income Plus Arbitrage Omni FOF (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| HDFC Income Plus Arbitrage Active FOF (Direct) | −0.3% | 08-05-2026 | 21-05-2026 | 01-06-2026 | 11 days | −0.1% |
| HDFC Income Plus Arbitrage Omni FOF (Direct) | −0.2% | 07-10-2026 | 22-10-2026 | 30-10-2026 | 8 days | 0.0% |
From daily values since 12-03-2026, the first day every fund has.
HDFC Income Plus Arbitrage Active FOF vs HDFC Income Plus Arbitrage Omni FOF: Portfolio Overlap
From each fund's latest monthly portfolio: HDFC Income Plus Arbitrage Active FOF, September 2026; HDFC Income Plus Arbitrage Omni FOF, September 2026
Holdings in common
- Overlap
- 36.0%
- Held by both
- 1
- Only in HDFC Income Plus Arbitrage Active FOF
- 2
- Only in HDFC Income Plus Arbitrage Omni FOF
- 2
| Security | % of HDFC Income Plus Arbitrage Active FOF | % of HDFC Income Plus Arbitrage Omni FOF |
|---|---|---|
| HDFC ARBITRAGE FUND - Direct Plan - Growth Option | 36.72% | 36.05% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 36.0% means 36.0% 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 HDFC Income Plus Arbitrage Active FOF
| Security | % of fund |
|---|---|
| HDFC Corporate Bond Fund - Growth Option - Direct Plan | 44.63% |
| HDFC Money Market Fund - Direct Plan - Growth Option | 16.94% |
Largest holdings only in HDFC Income Plus Arbitrage Omni FOF
| Security | % of fund |
|---|---|
| HDFC Credit Risk Fund - Growth Option - Direct Plan | 59.34% |
| HDFC CRISIL-IBX Financial Services 3-6 Months Debt Index Fund - Direct Plan - Growth Option | 3.59% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | HDFC Income Plus Arbitrage Active FOF | HDFC Income Plus Arbitrage Omni FOF |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 100.0% | 100.0% |
HDFC Income Plus Arbitrage Active FOF vs HDFC Income Plus Arbitrage Omni FOF: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | HDFC Income Plus Arbitrage Active FOF | HDFC Income Plus Arbitrage Omni FOF |
|---|---|---|
| Total expense ratio (Direct) | 0.02% | 0.06% |
| Base expense ratio (Direct) | 0.02% | 0.05% |
| Total expense ratio (Regular) | 0.34% | 0.41% |
| Base expense ratio (Regular) | 0.29% | 0.37% |
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.
HDFC Income Plus Arbitrage Active FOF vs HDFC Income Plus Arbitrage Omni FOF: Frequently Asked Questions
What is the difference between HDFC Income Plus Arbitrage Active FOF and HDFC Income Plus Arbitrage Omni FOF?
HDFC Income Plus Arbitrage Active FOF is a Fund of Funds fund, HDFC Income Plus Arbitrage Omni FOF is a Fund of Funds fund, run by HDFC Mutual Fund. Their portfolios overlap 36.0%. HDFC Income Plus Arbitrage Active FOF charges 0.02% a year and HDFC Income Plus Arbitrage Omni FOF 0.06%.
Which has the lower expense ratio, HDFC Income Plus Arbitrage Active FOF or HDFC Income Plus Arbitrage Omni FOF?
HDFC Income Plus Arbitrage Active FOF charges less: 0.02% a year against 0.06%. These are the Direct plans' total expense ratios reported to AMFI.
How much do HDFC Income Plus Arbitrage Active FOF and HDFC Income Plus Arbitrage Omni FOF overlap?
36.0%. They hold 1 of the same securities, the largest shared ones being HDFC ARBITRAGE FUND - Direct Plan - Growth Option. From each fund's latest monthly portfolio.
Which is riskier, HDFC Income Plus Arbitrage Active FOF or HDFC Income Plus Arbitrage Omni FOF?
On SEBI's riskometer, HDFC Income Plus Arbitrage Active FOF is rated Moderate and HDFC Income Plus Arbitrage Omni FOF Moderately High. Over their common history, the standard deviation of daily returns was 9.24% and 1.02% a year.
Can I invest in both HDFC Income Plus Arbitrage Active FOF and HDFC Income Plus Arbitrage Omni FOF?
Yes. 36.0% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages HDFC Income Plus Arbitrage Active FOF and HDFC Income Plus Arbitrage Omni FOF?
HDFC Income Plus Arbitrage Active FOF: Anil Bamboli. HDFC Income Plus Arbitrage Omni FOF: Bhavyesh Divecha, Praveen Jain.
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.