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Mirae Asset Mutual Fund

Mirae Asset Income Plus Arbitrage Active FOF

Mirae Asset Mutual Fund · Direct plan · Growth

  • Fund of Funds
  • Fund of Funds (Domestic)
  • Moderate Risk
1-year returns
4.7%
NAV
₹10.71
▼ 0.15% · 13 Nov 2026
Fund size
₹19 Cr
Expense ratio
0.13%
a year
Minimum SIP
₹99

Figures are for the Direct plan. The Regular plan, bought through a distributor, is at ₹10.68 and has returned 4.5% over a year.

Returns, and where it stands

Against the average fund of funds (domestic), and its place among them. Anything longer than a year is a yearly rate.

PeriodThis fundCategoryRank
1 year4.7%4.9%behind69 of 116
Every period, and the Regular plan →
PeriodDirectRegular
1 month0.7%0.7%
3 months0.3%0.2%
6 months2.4%2.4%
1 year4.7%4.5%

Figures are for the Direct plan, and the rank compares it against the same plan of its peers, best first. Based on NAV history from Jul 2025.

Plan

NAV history

▲ 4.69% in the last 1Y

10.210.510.713 Nov 202518 May 202613 Nov 2026

Hover or tap the chart for the NAV on any date. Past NAVs are adjusted for unit splits.

If you had invested in this fund

Investment type
₹
years
Total invested
₹60,000
Gain
₹1,416
XIRR (per year)
4.39%
Value today
₹61,416

12 monthly instalments from 13 Nov 2025, valued at the latest NAV. Past returns do not guarantee future returns.

What the ride has been like

Worked out from this fund's own NAV history, not a rating.

How bumpy
1% a year
17% less than the category average — the steadier side
Worst fall so far
−0.5%
Sept 2026 to Oct 2026.
Years that made money
100%
Of every one-year stretch it has been through.

Fund details

Minimum lumpsum
₹5,000
Minimum top-up
₹1,000
Lock-in
None
Plan started
7 Jul 2025
Expense ratio
0.13%
as of 30 Sept 2026

Managed by Basant Bafna

Direct plan figures, last checked on 7 Nov 2026. Exit load and the scheme's benchmark are in thescheme document.

How it compares

Mirae Asset Income Plus Arbitrage Active FOF against other funds in the Fund of Funds (Domestic) category
Fund1Y3Y5YExpenseFund size
Mirae Asset NYSE FANG + ETF Fund of Fund36.44%54.18%32.25%0.04%₹3,085 Cr
Mirae Asset S&P 500 Top 50 ETF Fund of Fund35.82%43.11%26.25%0.04%₹1,031 Cr
Kotak Silver ETF Fund of Fund7.86%34.57%–0.28%₹965 Cr
Axis Silver Fund of Fund7.66%34.51%–0.14%₹1,253 Cr
Aditya Birla Sun Life Silver ETF FOF7.19%34.33%–0.32%₹1,230 Cr
ICICI Prudential Silver ETF FOF7.01%34.25%–0.54%₹6,180 Cr
Mirae Asset Income Plus Arbitrage Active FOF4.69%––0.13%₹19 Cr

About Mirae Asset Income Plus Arbitrage Active FOF

Mirae Asset Income Plus Arbitrage Active FOF is a fund of funds (domestic) managed by Mirae Asset Mutual Fund. Fund of funds that invest in other Indian mutual funds or ETFs, such as gold or silver ETFs.

The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in a units of actively managed debt oriented and Arbitrage mutual fund schemes. The Scheme does not guarantee or assure any returns. There is no assurance that the investment objective of the Scheme will be achieved.

The scheme's stated objective, as published by Mirae Asset Mutual Fund.

The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.

Tax on your gains

How gains are taxed depends on what the scheme holds — equity, debt, gold or units of other funds each follow different rules. The scheme document states which applies.

Work out what you would owe with the capital gains tax calculator.

Every plan and option, with scheme codes
PlanOptionNAVScheme code
DirectGrowth₹10.707153638
DirectIDCW₹10.707153639
RegularGrowth₹10.677153640
RegularIDCW₹10.677153641

Frequently asked questions

What is the NAV of Mirae Asset Income Plus Arbitrage Active FOF today?

The NAV of Mirae Asset Income Plus Arbitrage Active FOF (Direct plan, Growth) is ₹10.707 and the Regular plan NAV is ₹10.677, as of 13 Nov 2026.

What returns has Mirae Asset Income Plus Arbitrage Active FOF given?

Over the last year the Direct plan returned 4.69%. Past returns do not guarantee future returns.

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

The Direct plan charges 0.13% a year, as disclosed on 30 Sept 2026. The fee is already taken out of the NAV, so the returns above are what you keep.

What is the minimum SIP amount in Mirae Asset Income Plus Arbitrage Active FOF?

You can start a monthly SIP with ₹99, or invest a lump sum of ₹5,000 or more.

How much has Mirae Asset Income Plus Arbitrage Active FOF fallen in the past?

Its deepest fall was 0.5% from 23 Sept 2026 to 22 Oct 2026. Of every one-year stretch in its history, 100% ended in a gain.

Which category does Mirae Asset Income Plus Arbitrage Active FOF belong to?

It is a Fund of Funds (Domestic) from Mirae Asset Mutual Fund. Fund of funds that invest in other Indian mutual funds or ETFs, such as gold or silver ETFs.

What is the difference between the Direct and Regular plan?

Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.

How are gains from Mirae Asset Income Plus Arbitrage Active FOF taxed?

How gains are taxed depends on what the scheme holds — equity, debt, gold or units of other funds each follow different rules. The scheme document states which applies.

Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.