AMFI - Registered Mutual Fund Distributor

Axis Income Plus Arbitrage Passive Fof – Nfo Smart Switch – Axis Overnight Fund – Normal Growth – Physical Only

Low To Moderate Risk | Equity

Fund Overview

Launch Date

28 Oct 2025

End Date

07 Nov 2025

Allotment Date

07 Nov 2025

NAV

₹10

Expense Ratio, Exit Load & Tax

Expense ratio

Direct Plan (Growth): 0.07% as of late October 2025. Regular Plan (Growth): 0.11% as of late October 2025.

Exit load

no exit load

Minimum Investment Amounts

Initial Lumpsum Investment

₹₹100

Minimum SIP Investment

₹₹100

Fund Managment

Mr. Devang Shah

Managing this fund since 28th Oct 2025

Education

Experience

21 Years Work Experience

Fund House & Investment Objective

Axis Income Plus Arbitrage Passive Fof - Nfo Smart Switch - Axis Overnight Fund - Normal Growth - Physical Only

Rank(total assets)

2ND RANK

Total AUM

₹8,742.76 crore

1. Source fund: Axis Overnight Fund This is the fund from which the investment is being moved. Fund type: An open-ended debt scheme that invests in overnight securities, meaning they mature in one business day. Risk profile: It carries a very low level of interest rate risk and provides high liquidity. Plan: "Normal Growth" refers to the Regular Plan with the Growth option, where returns are reinvested into the fund instead of being paid out as dividends. Investment method: "Physical Only" indicates that this portion of the transaction was initiated through an offline process, such as submitting a physical application form. 2. Transaction method: NFO Smart Switch This is the type of transaction being initiated by the investor. What it is: The "Smart Switch" facility is a special service offered by Axis Mutual Fund that allows investors to move their money from an eligible existing scheme into a New Fund Offer (NFO). Benefit: This streamlines the investment process during an NFO period by automatically switching the specified amount. Eligibility: Switches are typically permitted from liquid or overnight schemes, such as the Axis Overnight Fund. 3. Destination fund: Axis Income Plus Arbitrage Passive Fof (NFO) This is the new fund that the investor is switching into, and it is currently undergoing a New Fund Offer (NFO). Fund type: A hybrid Fund of Funds (FoF) scheme that invests in passive debt funds and arbitrage funds. Investment strategy: The scheme allocates 50–65% of its portfolio to passive debt-oriented mutual funds and 35–50% to arbitrage funds. Objective: The goal is to generate stable, debt-like returns with low volatility and enhanced tax efficiency. NFO details: The NFO for this fund opened on October 28, 2025, and closes on November 11, 2025.


Investment Objective

To generate optimal returns over medium term by investing in passive debt oriented mutual fund schemes and arbitrage funds. There is no assurance that the investment objective of the Scheme will be achieved.

Fund benchmark

65% NIFTY Short Duration Debt Index 35% Nifty 50 Arbitrage TRI (Total Return Index)

Fund House Contact Details

Address

Axis House, First Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai – 400025.

Phone

1800 221 322

Launch Fund Date

28 Oct 2025

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Launch Date19 Mar 2026

Closing Date25 Mar 2026

Allotment Date01 Jan 1970

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Closing Date23 Mar 2026

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Hsbc Gold Etf – Demat Only

Very High Risk | Equity

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Closing Date18 Mar 2026

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Closing Date11 Dec 2025

Allotment Date22 Dec 2025

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Bandhan Silver Etf – Demat Only

Very High Risk | Equity

Launch Date01 Dec 2025

Closing Date03 Dec 2025

Allotment Date05 Dec 2025

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Launch Date27 Nov 2025

Closing Date01 Dec 2025

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Closing Date08 Dec 2025

Allotment Date09 Dec 2025

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Closing Date05 Dec 2025

Allotment Date09 Dec 2025

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Dsp Nifty Midcap 150 Etf – Demat Only

Select Risk Level | Equity

Launch Date24 Nov 2025

Closing Date08 Dec 2025

Allotment Date08 Dec 2025

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Launch Date21 Nov 2025

Closing Date01 Dec 2025

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Closing Date01 Dec 2025

Allotment Date05 Dec 2025

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Closing Date26 Nov 2025

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Closing Date25 Nov 2025

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Closing Date20 Nov 2025

Allotment Date24 Nov 2025

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Launch Date10 Nov 2025

Closing Date24 Nov 2025

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Dsp Msci India Etf – Demat Only

Low To Moderate Risk | Equity

Launch Date10 Nov 2025

Closing Date17 Nov 2025

Allotment Date21 Nov 2025

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Closing Date21 Nov 2025

Allotment Date26 Nov 2025

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Closing Date20 Nov 2025

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Edelweiss Nifty 50 Etf – Demat Only

Very High Risk | Equity

Launch Date03 Nov 2025

Closing Date17 Nov 2025

Allotment Date24 Nov 2025

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Closing Date04 Nov 2025

Allotment Date10 Nov 2025

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Closing Date17 Oct 2025

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Closing Date15 Oct 2025

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Closing Date15 Oct 2025

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Launch Date03 Oct 2025

Closing Date17 Oct 2025

Allotment Date27 Oct 2025

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Bandhan Silver Etf – Demat Only

Very High Risk | Equity

Launch Date13 Oct 2025

Closing Date15 Oct 2025

Allotment Date17 Oct 2025

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Launch Date01 Oct 2025

Closing Date15 Oct 2025

Allotment Date22 Oct 2025

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Closing Date20 Oct 2025

Allotment Date28 Oct 2025

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Closing Date17 Oct 2025

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Closing Date24 Jun 2025

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Closing Date23 Jun 2025

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Closing Date23 Jun 2025

Allotment Date27 Jun 2025

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Closing Date19 Jun 2025

Allotment Date25 Jun 2025

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Closing Date19 Jun 2025

Allotment Date25 Jun 2025

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Launch Date13 Jun 2025

Closing Date27 Jun 2025

Allotment Date04 Jul 2025


Testimonial

Genuine Review Form Statisifed Customers

4.6 Out of 5 (9161 Reviews)

Investing in NFOs through KSquare has been a game changer. Their platform simplifies complex information and provides well-timed suggestions that fit my portfolio.

Rohan Mittal

Rohan Mittal

Financial Auditor

I loved how simple KSquare made the entire loan procedure. No delays, no confusion—just straight financial help.

Harshad Patel

Harshad Patel

Mechanical Engineer

KSquare provided all the guidance I needed to start SIPs. Their plans fit my freelance income, and I’m seeing real results already!

Isha Reddy

Isha Reddy

Graphic Designer

New fund investing used to be intimidating. KSquare’s support and transparency made it not only easy but enjoyable. I now look forward to NFOs!

Ashwin Nambiar

Ashwin Nambiar

Logistics Planner

Quick approvals, low documentation, and expert help—KSquare’s loan service is ideal for anyone needing funds quickly.

Priyanka Seth

Priyanka Seth

Fashion Designer

As someone new to investing, KSquare’s SIP guidance has been incredibly helpful. Their platform is user-friendly, and the support team answered all my questions patiently.

Neha Gupta

Neha Gupta

HR Specialist

KSquare delivers excellent service and fund recommendations. The platform makes investing feel less like a chore and more like a plan I’m excited to follow.

Deepak Rana

Deepak Rana

Business Coach

I never thought NPS could be this simple. KSquare gave me full control and transparency over my retirement planning.

Ishita Raina

Ishita Raina

Legal Assistant

I feel empowered thanks to KSquare. Their NRI Corner is well-structured, and the financial advice is incredibly relevant and actionable.

Sanya Roy

Sanya Roy

NGO Director

The automatic deductions and growth charts at KSquare keep me informed and on track. It’s great for anyone serious about long-term financial goals.

Kunal Mishra

Kunal Mishra

Project Manager

FAQ's

Frequenlty Asked Question

Is there a lock-in period for New Fund Offerings?

Open-ended NFOs usually have no lock-in, while close-ended ones might restrict withdrawals for a specific term.

Can I open multiple NPS accounts?

No, you’re allowed only one NPS Tier I account, which is linked to your Permanent Retirement Account Number (PRAN).

Can I switch between mutual funds on KSquare?

Yes, you can easily switch between funds on the KSquare platform based on your strategy or market movements.

How much loan can I get against mutual funds?

You can typically borrow up to 50–70% of your mutual fund’s NAV value. KSquare calculates this during your application.

What if I need money before my SIP goal time?

Some SIP funds offer liquidity options, allowing partial withdrawals whenever required without disturbing the entire investment plan.

How do I track the performance of an NFO after investment?

Once listed, KSquare provides regular updates and performance tracking via your investor dashboard.

How does SIP help in rupee cost averaging?

SIPs invest regularly, buying more units when markets are low and fewer when high, helping balance your investment cost.

Are NFOs better suited for long-term investors?

NFOs are ideal for long-term investors who can wait for the fund to build performance and portfolio over time.

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