Low To Moderate Risk | Equity
28 Oct 2025
07 Nov 2025
07 Nov 2025
₹10
Direct Plan (Growth): 0.07% as of late October 2025. Regular Plan (Growth): 0.11% as of late October 2025.
no exit load
₹₹100
₹₹100
Managing this fund since 28th Oct 2025
21 Years Work Experience
2ND RANK
₹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.
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.
65% NIFTY Short Duration Debt Index 35% Nifty 50 Arbitrage TRI (Total Return Index)
Axis House, First Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai – 400025.
1800 221 322
28 Oct 2025
Currently, due to compliance issues, many mutual funds restrict US/Canada NRIs. KSquare can guide you on eligible options.
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Debt and liquid funds are ideal for short-term goals, while equity funds are better for long-term wealth creation.
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A New Fund Offering is the first-time subscription launch of a new mutual fund scheme by an asset management company.
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Yes, you can easily switch between funds on the KSquare platform based on your strategy or market movements.