HSBC Income Plus Arbitrage Active FOF
NAV history
Scorecard
★☆☆☆☆1/5 vs 75 of 147 FoF Domestic peers- Performance 60%
- Risk 15%
- Cost 10%
- Downside 15%
How this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within FoF Domestic (same plan and option). 75 of the 147 FoF Domestic funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +6.96% · ranks 75 of 147 FoF Domestic funds
Volatility 1.6% vs 17.9% category avg
0.5% expense vs 0.7% category avg
100% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Less volatile than its FoF Domestic peers (1.6% vs 17.9%)
- Low expense ratio (0.51%) vs the FoF Domestic average of 0.67%
- Consistent — positive in 100% of rolling 3-year windows
Concerns
- 1-year return (+5.20%) trails the FoF Domestic average (+26.72%)
- 3-year return (+6.96%) trails the FoF Domestic average (+21.07%)
- 5-year return (+5.68%) trails the FoF Domestic average (+14.14%)
- Weaker risk-adjusted returns — Sharpe 0.28 below the FoF Domestic average of 0.67
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Risk (trailing 3Y)
DefinitionsBenchmark ratios
Not shown for FoF Domestic — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.
Fund vs category average (FoF Domestic)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | +0.46% | +3.78% | -3.32% |
| 3M abs | +2.07% | +1.12% | +0.95% |
| 6M abs | +2.60% | +2.67% | -0.07% |
| 1Y CAGR | +5.20% | +26.72% | -21.52% |
| 3Y CAGR | +6.96% | +21.07% | -14.11% |
| 5Y CAGR | +5.68% | +14.14% | -8.46% |
Category average across peers in FoF Domestic (145 of 147 carry a figure for at least one period), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Category rank
Vs 147 peers in FoF Domestic
Rolling returns
Return for every possible 1Y holding period, not just today’s
136 overlapping 1Y windows, sampled monthly across the fund’s history.
Worst falls, and the wait to get back
How far this fund has dropped from a high, and how long it took to reclaim it.
- -5.3%14 Feb 2020 → 11 May 2020
Fell over 3 months, back to the old high on 06 Jul 2020 — 2 months under water after the low.
Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | |
|---|---|---|
| 2026part | +3.25% | |
| 2025 | +5.40% | |
| 2024 | +8.82% | |
| 2023 | +7.87% | |
| 2022 | +1.83% | |
| 2021 | +4.19% | |
| 2020 | +9.32% | |
| 2019 | +5.79% | |
| 2018 | +4.87% | |
| 2017 | +5.95% |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into HSBC Income Plus Arbitrage Active FOF, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Taxation
Taxed as debtThis is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.
Your income-tax slab — no LTCG or indexation benefit
Pick your slab to see the rate that applies to you.
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
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Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
Frequently asked questions
What is the NAV of HSBC Income Plus Arbitrage Active FOF?
As of 20 Aug 2026, the NAV of HSBC Income Plus Arbitrage Active FOF is ₹22.69 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has HSBC Income Plus Arbitrage Active FOF delivered?
HSBC Income Plus Arbitrage Active FOF has returned +5.20% over 1 year, +6.96% per year over 3 years, +5.68% per year over 5 years and +6.87% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of HSBC Income Plus Arbitrage Active FOF?
HSBC Income Plus Arbitrage Active FOF charges an expense ratio of 0.51% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of HSBC Income Plus Arbitrage Active FOF?
Its largest holdings are HSBC Arbitrage Fund Direct-Growth (36.3%), HSBC Short Duration Fund Direct-Growth (31.4%), HSBC Corporate Bond Direct-Growth (15.7%) and HSBC Banking and PSU Debt Fund Direct-Growth (15.6%). Holdings are disclosed monthly and change over time.
How risky is HSBC Income Plus Arbitrage Active FOF?
It is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.6% and its worst peak-to-trough fall in our sample was -5.3%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What does the Sharpe ratio of 0.28 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. HSBC Income Plus Arbitrage Active FOF's 0.28 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of HSBC Income Plus Arbitrage Active FOF?
HSBC Income Plus Arbitrage Active FOF is benchmarked against the Nifty 500. Its alpha and beta on this page are measured against that index.
Who manages HSBC Income Plus Arbitrage Active FOF?
HSBC Income Plus Arbitrage Active FOF is managed by Mahesh A Chhabria and Asif Rizwi at HSBC.
How is HSBC Income Plus Arbitrage Active FOF taxed?
HSBC Income Plus Arbitrage Active FOF is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.