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SBI Mutual Fund

SBI Income Plus Arbitrage Active FOF

SBI Mutual Fund · Direct plan · Growth

1-year returns
5.8%
NAV
₹10.78
▲ 0.1% · 18 Sept 2026
Fund size
₹1,814 Cr
Expense ratio
0.13%
a year
Minimum SIP
₹500

Figures are for the Direct plan. The Regular plan, bought through a distributor, is at ₹10.75 and has returned 5.67% 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 year5.8%20%behind60 of 112
Every period, and the Regular plan →
PeriodDirectRegular
1 month0.3%0.3%
3 months1.5%1.4%
6 months3%2.9%
1 year5.8%5.7%

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 May 2025.

Plan

NAV history

▲ 5.81% in the last 1Y

10.210.510.818 Sept 202518 Mar 202618 Sept 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
₹1,850
XIRR (per year)
5.75%
Value today
₹61,850

12 monthly instalments from 18 Sept 2025, valued at the latest NAV. Past returns do not guarantee future returns.

What this fund holds

As on 31 August 2026

  • Other funds99%
  • Cash0.95%

Top holdings

The ten largest holdings and their share of the fund
SBI Arbitrage Fund - Direct Plan - Growth OptionMutual Fund/ETF37.2%
SBI BANKING & PSU DEBT FUND - Direct Plan - Growth OptionMutual Fund/ETF26.5%
SBI Corporate Bond Fund - Direct Plan - Growth OptionMutual Fund/ETF17.2%
SBI SHORT TERM FUND - DIRECT PLAN -Growth OptionMutual Fund/ETF14.6%
SBI Money Market Fund - Direct Plan - Growth OptionMutual Fund/ETF3.59%

From the monthly portfolio SBI Mutual Fund publishes for this scheme, as required by SEBI. Cash covers bank balances, treasury bills lent overnight and money due to the scheme, which carry no ISIN and so are shown as the remainder.Original disclosure

What the ride has been like

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

How bumpy
0.8% a year
17.3% less than the category average — the steadier side
Worst fall so far
−0.3%
Jun 2025 to Jun 2025.
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
23 Apr 2025
Expense ratio
0.13%
as of 31 Jul 2026

Managed by Ardhendu Bhattacharya

Direct plan figures, last checked on 20 Sept 2026. Exit load and the scheme's benchmark are in thescheme document.

How it compares

SBI Income Plus Arbitrage Active FOF against other funds in the Fund of Funds (Domestic) category
Fund1Y3Y5YExpenseFund size
Mirae Asset NYSE FANG + ETF Fund of Fund47.06%56.83%35.52%0.58%₹2,707 Cr
Mirae Asset S&P 500 Top 50 ETF Fund of Fund83.92%55.54%0.56%₹847 Cr
Kotak Silver ETF Fund of Fund82.92%46.35%0.63%₹1,004 Cr
UTI Silver ETF Fund of Fund80.47%46.29%0.13%₹655 Cr
Axis Silver Fund of Fund80.98%46.28%0.09%₹1,281 Cr
ICICI Prudential Silver ETF FOF80.56%46.15%0.54%₹6,514 Cr
SBI Income Plus Arbitrage Active FOF5.81%0.13%₹1,814 Cr

About SBI Income Plus Arbitrage Active FOF

SBI Income Plus Arbitrage Active FOF is a fund of funds (domestic) managed by SBI 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 shall be to generate regular income and capital appreciation by investing in a mix of units of actively managed debt oriented schemes and actively managed Arbitrage mutual fund schemes. However, there is no assurance or guarantee that the investment objective of the Scheme would be achieved.

The scheme's stated objective, as published by SBI 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₹10.7778153498
DirectIDCW₹10.7777153501
RegularGrowth₹10.7547153500
RegularIDCW₹10.7548153499

Frequently asked questions

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

The NAV of SBI Income Plus Arbitrage Active FOF (Direct plan, Growth) is ₹10.7778 and the Regular plan NAV is ₹10.7547, as of 18 Sept 2026.

What returns has SBI Income Plus Arbitrage Active FOF given?

Over the last year the Direct plan returned 5.81%. Past returns do not guarantee future returns.

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

The Direct plan charges 0.13% 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 SBI Income Plus Arbitrage Active FOF?

You can start a monthly SIP with ₹500, or invest a lump sum of ₹5,000 or more.

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

Its deepest fall was 0.3% from 6 Jun 2025 to 13 Jun 2025. Of every one-year stretch in its history, 100% ended in a gain.

What does SBI Income Plus Arbitrage Active FOF invest in?

As on 31 Aug 2026 it held 5 positions, the largest being SBI Arbitrage Fund - Direct Plan - Growth Option (37.2%), SBI BANKING & PSU DEBT FUND - Direct Plan - Growth Option (26.5%), SBI Corporate Bond Fund - Direct Plan - Growth Option (17.2%). Portfolios change every month.

Which category does SBI Income Plus Arbitrage Active FOF belong to?

It is a Fund of Funds (Domestic) from SBI 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 SBI 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.