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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Select Risk Level | Equity

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Dsp Msci India Etf – Demat Only

Low To Moderate Risk | Equity

Launch Date10 Nov 2025

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Very High Risk | Equity

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Very High Risk | Equity

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Testimonial

Genuine Review Form Statisifed Customers

5 Out of 5 (15107 Reviews)

Mutual fund investing with KSquare has been fantastic. I appreciate their attention to risk profiling and how they tailor recommendations. It’s an empowering experience.

Kavya Iyer

Kavya Iyer

Biotech Researcher

Investing used to feel complicated, but KSquare’s SIP process made it simple and stress-free. Now I save monthly without thinking twice.

Shruti Verma

Shruti Verma

Clinical Psychologist

Thanks to KSquare, I managed urgent expenses without disturbing my mutual funds. Really smooth experience overall.

Deepak Rawat

Deepak Rawat

Architect

I love how KSquare offers mutual fund plans that match my income flow and future goals. They’ve made saving and investing seamless for me.

Nirali Parekh

Nirali Parekh

Clinical Dietician

KSquare’s platform helped me diversify and start SIPs in mutual funds that really suit my lifestyle. I love how easy and intuitive everything feels.

Charu Ahuja

Charu Ahuja

Event Producer

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

KSquare helped me borrow against my mutual funds with minimal paperwork. I’m impressed by their speed and support.

Anjali Sharma

Anjali Sharma

HR Executive

I was looking for a secure retirement plan, and KSquare’s NPS guidance made it very easy to start.

Richa Mahajan

Richa Mahajan

HR Advisor

Owning a home seemed difficult, but KSquare’s SIP planning made it achievable. Their regular guidance, timely suggestions, and disciplined investment approach gave me complete financial confidence throughout the journey.

Arjun Verma

Arjun Verma

Being self-employed, I wanted a structured way to invest. KSquare’s SIPs fit the bill. It’s affordable, effective, and easy to track progress over time.

Kritika Jain

Kritika Jain

Event Planner

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 NRIs get a loan against mutual funds with KSquare?

Some lenders allow NRIs to avail loans. KSquare helps identify NRI-eligible lenders and assists with documentation.

How does SIP-to-SWP second income planning work?

SIPs help build a corpus first, later converted to monthly withdrawable income through SWP, ensuring reliable financial independence

Can I invest in SIPs from abroad with KSquare?

Yes, NRIs can set up SIPs through their NRE/NRO accounts. KSquare automates the process for convenience.

Can I set up automatic investments through KSquare?

Yes, KSquare allows SIP setup, automating monthly investments to help build disciplined saving habits.

What is the interest rate for LAMF through KSquare?

Interest rates vary by lender and profile, but KSquare offers competitive rates starting as low as 9% annually with minimal processing fees.

How does KSquare select and list New Fund Offerings?

KSquare features only SEBI-registered, vetted NFOs and provides research insights to help investors make informed choices.

Can I withdraw funds from my NPS account early?

Partial withdrawals of up to 25% are allowed after 3 years for specific purposes like medical emergencies, education, or house purchase.

App Store

Ksquare Timeline Pvt. Ltd. is an AMFI Registered Mutual Fund Distributor having ARN No. 146262. Mutual Fund investments are subject to market risks. Please read all scheme related documents carefully before investing. This website is intended only for informational and self-help purposes and should not be considered as investment advice or return guarantee. Past performance is not indicative of future results. Terms & Conditions apply.