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
Yes, most NFOs are open to NRIs subject to fund house guidelines. KSquare helps confirm eligibility for NRIs.
A SIP is a disciplined investment method where you invest a fixed amount regularly in mutual funds to build wealth over time.
No, SIPs don’t guarantee returns but reduce risk over time and provide the potential for solid, market-linked growth.
Most NFOs start with a minimum investment of ₹500 or ₹1,000. KSquare clearly shows these details for each offering.
Yes, you can cancel or modify your NFO investment only before the allotment is processed and while the NFO is still open. Once the NFO closes and units are allotted, the investment cannot be changed or cancelled. After allotment, you may exit only through redemption, as per applicable terms and conditions.
Yes, most lenders require mutual fund units in demat form. KSquare can help convert physical units if needed.
Tier I is the mandatory retirement account with tax benefits, while Tier II is voluntary with flexible withdrawals but no tax deductions.
You can start your NPS investment with as little as ₹500 for Tier I and ₹1,000 for Tier II accounts.