About Nippon India Income Plus Arbitrage Active Fund of Fund
Nippon India Income Plus Arbitrage Active Fund of Fund is a fund of funds (domestic) managed by Nippon India Mutual Fund. Fund of funds that invest in other Indian mutual funds or ETFs, such as gold or silver ETFs.
The primary investment objective of the scheme is to achieve stable returns while navigating market volatilities for its investors. This objective will be pursued by strategically investing in a diversified portfolio of open-ended debt oriented schemes, and units of Arbitrage funds of Nippon India Mutual Fund or any other Mutual Fund(s). There is no assurance that the investment objective of the Scheme will be achieved.
The scheme's stated objective, as published by Nippon India 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
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth Option | ₹10.7281 | 153600 |
| Direct | IDCW Option | ₹10.7281 | 153598 |
| Regular | Growth Option | ₹10.6966 | 153601 |
| Regular | IDCW Option | ₹10.6966 | 153599 |
Frequently asked questions
What is the NAV of Nippon India Income Plus Arbitrage Active Fund of Fund today?
The NAV of Nippon India Income Plus Arbitrage Active Fund of Fund (Direct plan, Growth) is ₹10.7281 and the Regular plan NAV is ₹10.6966, as of 18 Sept 2026.
What returns has Nippon India Income Plus Arbitrage Active Fund of Fund given?
Over the last year the Direct plan returned 5.93%. Past returns do not guarantee future returns.
What is the expense ratio of Nippon India Income Plus Arbitrage Active Fund of Fund?
The Direct plan charges 0.37% a year, as disclosed on 31 Jul 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 Nippon India Income Plus Arbitrage Active Fund of Fund?
You can start a monthly SIP with ₹100, or invest a lump sum of ₹500 or more.
How much has Nippon India Income Plus Arbitrage Active Fund of Fund fallen in the past?
Its deepest fall was 0.3% from 8 May 2026 to 21 May 2026. Of every one-year stretch in its history, 100% ended in a gain.
Which category does Nippon India Income Plus Arbitrage Active Fund of Fund belong to?
It is a Fund of Funds (Domestic) from Nippon India 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 Nippon India Income Plus Arbitrage Active Fund of Fund 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.