HDFC Income Plus Arbitrage Active FOF

Fund of FundsDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

HDFC Income Plus Arbitrage Active FOF is a mutual fund run by HDFC Mutual Fund. On 30-09-2026, it managed ₹2,647 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 9.1% a year and its Regular plan returned 8.5% a year.

NAV (Direct plan): ₹45.78; ▲ 0.07%30-10-2026
NAV (Regular plan): ₹41.36; ▲ 0.07%30-10-2026
Expense ratio: 0.02%Direct0.34%Regular; 0.02%; A year
Riskometer: Moderate; Set by the fund house
3 year return: 9.1%Direct8.5%Regular; 9.1%; A year

HDFC Income Plus Arbitrage Active FOF NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹45.78 (up 0.07% that day); Regular Plan Growth ₹41.36 (up 0.07% that day).

This fund (Direct plan)

₹45.7824

HDFC Income Plus Arbitrage Active FOF Returns

Returns as on 30-10-2026. 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)	−0.01%	+0.43%	+2.54%	+4.76%	+9.07%	+10.16%	+11.08%
This fund (Regular)	−0.04%	+0.35%	+2.38%	+4.44%	+8.50%	+9.47%	+10.28%
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 40% NIFTY 50 Arbitrage Index + 60% NIFTY Composite Debt Index. Returns of that index are not available to us.

HDFC Income Plus Arbitrage Active FOF Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	+3.84%	+3.58%
2025	+1.74%	+1.31%
2024	+13.77%	+12.90%
2023	+23.75%	+22.81%
2022	+8.19%	+7.33%
2021	+22.43%	+21.59%

HDFC Income Plus Arbitrage Active 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 2,300 periods, one for each trading day from 30-06-2017 to 30-10-2026.

−5%0%5%10%15%20%25%

Mar 2015
to
Mar 2018Oct 2016
to
Oct 2019May 2018
to
May 2021Jan 2020
to
Jan 2023Aug 2021
to
Aug 2024Jan 2023
to
Jan 2026

HDFC Income Plus Arbitrage Active FOF (Direct)

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss
1 year	2,793	8.6%	−19.3%	55.6%	11%
2 years	2,546	12.3%	−6.6%	34.0%	2%
3 years	2,300	12.9%	−1.9%	24.9%	1%
5 years	1,808	12.3%	2.4%	21.5%	0%
7 years	1,315	12.5%	9.5%	14.3%	0%
10 years	576	12.2%	10.9%	14.0%	0%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss
1 year	137	10.3%	−30.0%	44.3%	15%
2 years	125	11.7%	−14.4%	28.7%	2%
3 years	113	13.0%	−8.9%	21.4%	3%
5 years	89	13.0%	−1.0%	19.8%	1%
7 years	65	13.2%	10.6%	17.0%	0%
10 years	29	12.7%	11.5%	14.9%	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.

HDFC Income Plus Arbitrage Active FOF Risk

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

Risk and return

Measure	HDFC Income Plus Arbitrage Active FOF (Direct)This fund
Return (CAGR)	+4.76%
Standard deviation	0.96%
Sharpe ratio	-0.50
Sortino ratio	-0.71
Maximum drawdown	−0.30% (21-05-2026)

From daily NAVs, 30-10-2025 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.

Measure	HDFC Income Plus Arbitrage Active FOF (Direct)This fund
Return (CAGR)	+9.07%
Standard deviation	4.75%
Sharpe ratio	0.64
Sortino ratio	0.84
Maximum drawdown	−7.3% (04-03-2025)

From daily NAVs, 30-10-2023 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.

Measure	HDFC Income Plus Arbitrage Active FOF (Direct)This fund
Return (CAGR)	+10.16%
Standard deviation	5.82%
Sharpe ratio	0.75
Sortino ratio	0.99
Maximum drawdown	−8.8% (20-06-2022)

From daily NAVs, 29-10-2021 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.

Measure	HDFC Income Plus Arbitrage Active FOF (Direct)This fund
Return (CAGR)	+11.08%
Standard deviation	8.13%
Sharpe ratio	0.70
Sortino ratio	0.93
Maximum drawdown	−23.1% (23-03-2020)

From daily NAVs, 28-10-2016 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.

Measure	HDFC Income Plus Arbitrage Active FOF (Direct)This fund
Return (CAGR)	+11.22%
Standard deviation	9.24%
Sharpe ratio	0.59
Sortino ratio	0.78
Maximum drawdown	−23.1% (23-03-2020)

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.

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.

−25%−20%−15%−10%−5%0%

201520172019202120232025

HDFC Income Plus Arbitrage Active FOF (Direct)

	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)	−23.1%	17-01-2020	23-03-2020	11-08-2020	5 months	−0.13%

From the Direct plan's daily NAV since 30-06-2014, adjusted for unit splits. "Time to climb back" runs from the bottom to the first day back at the old high.

HDFC Income Plus Arbitrage Active 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	0.02%	0.00%	0.00%	0.00%	0.02%
Regular	0.29%	0.00%	0.00%	0.05%	0.34%

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	4.44%	4.76%	0.32%	₹1,04,440	₹1,04,760
3 years	8.50%	9.07%	0.57% a year	₹1,27,729	₹1,29,753
5 years	9.47%	10.16%	0.69% a year	₹1,57,208	₹1,62,226
10 years	10.28%	11.08%	0.80% a year	₹2,66,053	₹2,85,995

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.

HDFC Income Plus Arbitrage Active 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 30-06-2014 to 30-10-2026: 149 instalments, ₹14,90,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planHDFC Income Plus Arbitrage Active FOF (Direct)	₹14,90,000	₹31,27,413	₹16,37,413	11.3%
Regular planHDFC Income Plus Arbitrage Active FOF (Regular)	₹14,90,000	₹29,65,966	₹14,75,966	10.5%

₹0₹10.0 L₹20.0 L₹30.0 L₹40.0 L

201520172019202120232025

Direct planHDFC Income Plus Arbitrage Active FOF (Direct)Regular planHDFC Income Plus Arbitrage Active 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.

HDFC Income Plus Arbitrage Active 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%

HDFC Income Plus Arbitrage Active FOF Portfolio Holdings

As on 30-09-2026 · 3 holdings · from the fund house's monthly portfolio

Holdings	Sector	Weight%
HDFC Corporate Bond Fund - Growth Option - Direct Plan		44.63%
HDFC ARBITRAGE FUND - Direct Plan - Growth Option		36.72%
HDFC Money Market Fund - Direct Plan - Growth Option		16.94%

HDFC Income Plus Arbitrage Active FOF Portfolio Overlap

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

Fund	Overlap	Holdings in common
Aditya Birla Sun Life Conservative Hybrid Active FOFFund of Funds · Aditya Birla Sun Life	37.5%	1	Compare
HDFC Income Plus Arbitrage Omni FOFFund of Funds · HDFC	36.1%	1	Compare
Aditya Birla Sun Life Dynamic Asset Allocation Omni FOFFund of Funds · Aditya Birla Sun Life	11.8%	1	Compare
Aditya Birla Sun Life Aggressive Hybrid Omni FOFFund of Funds · Aditya Birla Sun Life	10.6%	1	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.

HDFC Income Plus Arbitrage Active FOF Overview

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

Expense ratio (Direct): 0.02%
Expense ratio (Regular): 0.34%
Category: Fund of Funds
Risk: Moderate
Launch date: 06-02-2012
Minimum investment: ₹100
Minimum additional investment: ₹100
AUM: ₹2,646.85 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 130543
ISIN (Direct): INF179KA1SC5
Scheme code (Regular): 130533
ISIN (Regular): INF179KA1SF8
NAV history: From 30-06-2014, 12.3 years

Benchmark: 40% NIFTY 50 Arbitrage Index + 60% NIFTY Composite Debt Index
Exit load: NIL

Tax on HDFC Income Plus Arbitrage Active 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	₹45.7824	30-10-2026
direct	IDCW	₹40.2155	30-10-2026
regular	Growth	₹41.3569	30-10-2026
regular	IDCW	₹36.2403	30-10-2026

About HDFC Income Plus Arbitrage Active FOF

HDFC Income Plus Arbitrage Active FOF is a mutual fund from HDFC Mutual Fund. Its category is Fund of Funds. It was launched on 06-02-2012. Its benchmark is 40% NIFTY 50 Arbitrage Index + 60% NIFTY Composite Debt Index. At the end of September 2026 it held 3 securities.

Fund Manager

Anil Bamboli
Fund manager of HDFC Income Plus Arbitrage Active FOF, since 28-06-2014

See all funds of HDFC Mutual Fund

AUM change

September 2026: ₹2,646.85 Cr; +0.81% from August 2026
August 2026: ₹2,625.68 Cr; +1.09% from July 2026
July 2026: ₹2,597.29 Cr; +7.49% from June 2026

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

Compare HDFC Income Plus Arbitrage Active FOF with Other Funds

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

Compare with any other fund

Frequently Asked Questions for HDFC Income Plus Arbitrage Active FOF

What is the current NAV of HDFC Income Plus Arbitrage Active FOF?

The Direct plan NAV is ₹45.7824. The Regular plan NAV is ₹41.3569, as on 30-10-2026.

What are the returns of HDFC Income Plus Arbitrage Active FOF?

The Direct plan returned +4.76% in 1 year, +9.07% a year over 3 years, +10.16% a year over 5 years. The Regular plan returned +4.44% in 1 year, +8.50% a year over 3 years, +9.47% a year over 5 years. These figures are as on 30-10-2026.

What is the expense ratio of HDFC Income Plus Arbitrage Active FOF?

The Direct plan charges 0.02% a year. The Regular plan charges 0.34% a year. This is the figure the fund house reported to AMFI, in force from 01-09-2026.

What is the AUM of HDFC Income Plus Arbitrage Active FOF?

HDFC Income Plus Arbitrage Active FOF managed ₹2,646.85 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of HDFC Income Plus Arbitrage Active FOF?

At the end of September 2026 the largest holdings were HDFC Corporate Bond Fund - Growth Option - Direct Plan (44.63%), HDFC ARBITRAGE FUND - Direct Plan - Growth Option (36.72%), HDFC Money Market Fund - Direct Plan - Growth Option (16.94%). The fund held 3 securities in all.

How do I invest in HDFC Income Plus Arbitrage Active FOF?

Through HDFC 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 HDFC Income Plus Arbitrage Active FOF?

Anil Bamboli (since 28-06-2014).

What is the exit load of HDFC Income Plus Arbitrage Active 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.