Income-oriented debt or money-market exposure
The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in a units of actively managed debt oriented and Arbitrage mutual fund schemes. The Scheme does not guarantee or assure any returns. There is no assurance that the investment objective of the Scheme will be achieved.
Investors matching the scheme's duration and credit profile to their time horizon.
Interest-rate, credit, liquidity and reinvestment risk; debt funds are not fixed deposits.
How the money may be invested
Units of actively managed debt-oriented schemes- 35% to 65% Units of actively managed Arbitrage Mutual Fund schemes- 35% to 65% Money Market instruments, including Triparty repo on Government securities or treasury bills, cash & cash equivalents 0 to 5%
- SEBI category
- Hybrid FoF (Income plus Arbitrage FOF )
- Fund type
- An open-ended fund of funds scheme investing in units of actively managed Debt oriented and arbitrage Mutual Fund schemes
- Primary benchmark
- Nifty Short Duration Debt Index (60%) + Nifty 50 Arbitrage Index (TRI) (40%)
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- Mr. Basant Bafna
- Manager tenure on this scheme
- Since Mr. Basant Bafna (27-Dec-2025 )
- Role / co-management
- Mr. Basant Bafna (Primary)
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| Mirae Asset Income plus Arbitrage Active FOF - Direct Plan - Growth | ₹10.6480 | 04 Sep 2026 |
| Mirae Asset Income plus Arbitrage Active FOF - Direct Plan - IDCW | ₹10.6470 | 04 Sep 2026 |
| Mirae Asset Income plus Arbitrage Active FOF - Regular Plan - Growth | ₹10.6180 | 04 Sep 2026 |
| Mirae Asset Income plus Arbitrage Active FOF - Regular Plan - IDCW | ₹10.6180 | 04 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Regular 0.34%, Direct 0.13%
- Exit load
- If redeemed within 15 Days from the date of allotment: 0.25%. If redeemed after 15 Days from the date of allotment: NIL.
- Minimum application
- 5000 · multiples of 1
- SIP frequency
- SIP - Monthly / Quarterly SWP - Monthly / Quarterly / Halfyearly / Yearly STP - Daily / Weekly / Fortnightly / Monthly / Quarterly
- Minimum SIP amount
- 99
- Minimum instalments
- 5
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.