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

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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

4.6 Out of 5 (15103 Reviews)

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

KSquare’s recommendations are on point. Their mutual fund picks are backed by solid research, and I’ve seen consistent returns over the past year.

Arvind Joshi

Arvind Joshi

Civil Contractor

KSquare’s SIP plans make long-term investing easier than ever. I set up my account in minutes and now watch my portfolio grow every month.

Manish Patil

Manish Patil

Operations Manager

KSquare helped me reconnect financially with India. Their NRI services are intuitive, quick, and focused on individual needs. Truly impressed!

Anjali Deshmukh

Anjali Deshmukh

Architect

I recommend KSquare to anyone who’s unsure about mutual funds. Their platform is supportive, beginner-friendly, and offers great fund insights to plan ahead.

Shraddha Menon

Shraddha Menon

Education Consultant

I never thought mutual fund investing could be this simple. KSquare helps me manage risk and meet financial targets effortlessly. Great for working women like me.

Neha Bajaj

Neha Bajaj

Human Resource Lead

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

I've explored several NFOs through KSquare, and their consistent communication builds trust. It’s great having expert updates every step of the way.

Kunal Deshpande

Kunal Deshpande

Media Producer

KSquare helped me understand what to expect from each NFO. Their breakdown of fund strategy and goals made my investment decision very easy.

Yuvraj Sinha

Yuvraj Sinha

Chemical Analyst

KSquare provides a transparent and smooth mutual fund experience. Their portfolio tools are user-friendly, and I love how effortless it feels to invest monthly.

Ritesh Bansal

Ritesh Bansal

Mechanical Engineer

FAQ's

Frequenlty Asked Question

What are mutual funds and how do they work?

Mutual funds pool money from many investors to invest in a diversified portfolio of stocks, bonds, or other assets managed by professionals.

Can I have multiple SIPs for different goals?

Yes, you can set up multiple SIPs with KSquare for various goals like retirement, education, or buying a home.

Is there a lock-in period for mutual fund investments?

Only ELSS funds have a 3-year lock-in. Other funds generally allow you to redeem anytime based on NAV.

How does KSquare ensure compliance with FEMA rules?

KSquare’s advisory follows all FEMA guidelines, helping NRIs invest safely while staying compliant with Indian regulations.

How do I manage taxes on my investments as an NRI?

KSquare provides tax guidance specific to NRIs, helping you plan and stay compliant with Indian tax laws.

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.

What are Tier I and Tier II NPS accounts?

Tier I is the mandatory retirement account with tax benefits, while Tier II is voluntary with flexible withdrawals but no tax deductions.

Is it safe to invest in NPS?

NPS is regulated by PFRDA and offers transparency, safety, and steady growth through professional fund managers.

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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.