FoF · Other Scheme - FoF Domestic
Nippon India Income Plus Arbitrage Active Fund of Fund
Open in live screener →Key metrics
Latest NAV
₹10.73
Day change
0.13%
Volatility
0.8%
Sharpe
-0.48
Max drawdown
-0.3%
Expense ratio
0.06%
AUM
₹624 Cr
Category rank
45 / 96
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | 0.29% | 0.31% | 2.05% | 3.08% | 6.10% | – | – | – | – |
Returns up to 1Y are absolute; 1Y and longer are annualised (CAGR). Source: public AMFI NAV data.
NAV history
Chart shows the fund's available daily NAV history. Daily NAV data begins around 2006, so older funds may predate this range.
About this fund
Nippon India Income Plus Arbitrage Active Fund of Fund is a fund of funds offered by Nippon India Mutual Fund, classified under FoF as Other Scheme - FoF Domestic. Its outcome depends on the underlying funds it holds. Its latest NAV is ₹10.73, with assets under management of about ₹624 Cr (April - June 2026).
Performance analysis
Over the trailing one year, Nippon India Income Plus Arbitrage Active Fund of Fund has recorded a return of about 6.1%. Its annualised volatility is 0.8% — relatively low fluctuations — and its Sharpe ratio is -0.48, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.06%, deducted daily from the NAV.
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 5.89 | 5.94 | 5.64 | 6.22 | 100% | 0% |
Each row takes every possible start date in the fund's history and computes the annualised return (CAGR) over that window. Avg/Median = the typical outcome; Min/Max = worst and best; % Pos = how often the window ended positive; % >12 = how often it beat 12% a year. Higher consistency means timing mattered less.
Frequently asked questions
What does Nippon India Income Plus Arbitrage Active Fund of Fund invest in?
It invests primarily in units of other mutual funds or ETFs rather than securities directly.
How is this fund classified?
It is a Other Scheme - FoF Domestic fund in the FoF group.
How often is the NAV updated?
Mutual fund NAVs are declared by the AMC on every business day. This page sources NAV from public AMFI data and refreshes twice daily.
What is its expense ratio?
0.06% (direct plan, base expense ratio), deducted daily from the NAV. Some platforms quote a higher all-in Total TER — verify with the AMC.
How is the rolling return calculated?
Rolling return averages the fund's annualised return over every possible window of a given length across its history, rather than a single start-to-end period — reducing the effect of one lucky or unlucky entry date.
Is past performance a guarantee of future returns?
No. Past performance does not indicate future results; mutual fund values fluctuate with markets. Read all scheme-related documents carefully before investing.
Compare with peers
Similar Other Scheme - FoF Domestic
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Zerodha Silver ETF FoF Other Scheme - FoF Domestic | -0.24 | -9.99 | -10.99 | 83.16 | – | – | – | 0.17 |
| Edelweiss Income Plus Arbitrage Omni Fund of Funds Other Scheme - FoF Domestic | 0.41 | 1.91 | 2.99 | 5.87 | – | – | – | 0.04 |
| Zerodha Multi Asset Passive FoF Other Scheme - FoF Domestic | -1.05 | 1.95 | 1.94 | 13.14 | – | – | – | 0.18 |
| Edelweiss Multi Asset Omni Fund of Fund Other Scheme - FoF Domestic | -1.10 | 2.32 | 3.22 | – | – | – | – | 0.14 |
| Baroda BNP Paribas Gold ETF Fund of Fund Other Scheme - FoF Domestic | 1.61 | -2.15 | -4.27 | 39.91 | – | – | – | 0.09 |
| Union Diversified Equity All Cap Active FOF Other Scheme - FoF Domestic | 0.71 | 8.97 | 13.80 | – | – | – | – | 0.43 |
| ANGEL ONE GOLD ETF FOF Other Scheme - FoF Domestic | 1.92 | -1.71 | -3.98 | – | – | – | – | 0.15 |
| SBI Dynamic Asset Allocation Active FoF Other Scheme - FoF Domestic | -1.00 | 3.77 | 4.28 | – | – | – | – | 0.21 |
More funds from Nippon India
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| Nippon India Nifty SDL Plus G-Sec - Jun 2029 Maturity 70:30 Index Fund Other Scheme - Index Funds | 0.19 | 2.20 | 2.52 | 5.92 | 7.62 | – | – | 0.17 |
| Nippon India Nifty G-Sec Oct 2028 Maturity Index Fund Other Scheme - Index Funds | 0.31 | 1.74 | 2.22 | 5.68 | 7.54 | – | – | 0.17 |
| Nippon India Fixed Maturity Plan - XLV - Series 5 Income | 0.47 | 2.33 | 4.43 | 8.06 | 8.69 | – | – | 0.09 |
| Nippon India Innovation Fund Sectoral/Thematic - Innovation | -1.24 | 8.05 | 12.87 | 4.27 | 14.96 | – | – | 0.59 |
| Nippon India Nifty Bank Index Fund Other Scheme - Index Funds | -1.13 | 5.18 | -0.73 | 5.83 | – | – | – | 0.17 |
| Nippon India Nifty IT Index Fund Other Scheme - Index Funds | -4.93 | 3.59 | 0.15 | -11.84 | – | – | – | 0.21 |
| Nippon India Nifty 500 Equal Weight Index Fund Other Scheme - Index Funds | -1.34 | 4.91 | 12.45 | 5.50 | – | – | – | 0.30 |
| Nippon India Nifty 500 Momentum 50 Index Fund Other Scheme - Index Funds | 0.63 | 5.27 | 8.74 | 8.01 | – | – | – | 0.21 |
Returns ≥ 1Y are annualised (CAGR). TER = direct-plan base expense ratio. Click a fund to open its page.