DSP Income Plus Arbitrage Omni FoF
This is the Direct plan of DSP Income Plus Arbitrage Omni FoF — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
NAV history
Scorecard
★★☆☆☆2/5 vs 75 of 155 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 155 FoF Domestic funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +10.60% · ranks 45 of 75 FoF Domestic funds
Volatility 6.2% vs 17.8% category avg
0.4% expense vs 0.2% 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 (6.2% vs 17.8%)
- Consistent — positive in 100% of rolling 3-year windows
Concerns
- 1-year return (+4.89%) trails the FoF Domestic average (+12.18%)
- 3-year return (+10.60%) trails the FoF Domestic average (+19.34%)
- 5-year return (+6.33%) trails the FoF Domestic average (+13.33%)
- High expense ratio (0.43%) vs the FoF Domestic average of 0.23%
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Fund vs category average (FoF Domestic)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | +0.05% | -3.23% | +3.28% |
| 3M abs | +0.54% | -0.19% | +0.73% |
| 6M abs | +2.94% | +3.76% | -0.82% |
| 1Y CAGR | +4.89% | +12.18% | -7.29% |
| 3Y CAGR | +10.60% | +19.34% | -8.74% |
| 5Y CAGR | +6.33% | +13.33% | -7.00% |
Category average across peers in FoF Domestic (154 of 155 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 155 peers in FoF Domestic
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 DSP Income Plus Arbitrage Omni FoF, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | |
|---|---|---|
| 2026part | +3.48% | |
| 2025 | +6.81% | |
| 2024 | +12.26% | |
| 2023 | +13.47% | |
| 2022 | -5.95% | |
| 2021 | +8.07% | |
| 2020 | +21.80% | |
| 2019 | +19.08% | |
| 2018 | -0.98% | |
| 2017 | +5.22% |
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.
Recent changes
Expense-ratio, fund-manager, exit-load and minimum-investment changes we've picked up in the last 30 days.
- Fund manager change — now managed by Kaivalyva Nadkarni; Kaivalya Nadkarni stepped away25 Sep 2026
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.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Other99.69%
- Cash & Equivalents0.31%
AMC Profile
DSP Mutual Fund is run by DSP Asset Managers, part of the DSP Group, a Mumbai financial firm whose broking lineage runs back to 1860. The house operated as a joint venture with BlackRock — and Merrill Lynch before it — until the DSP family bought out the foreign stake in 2018.
Fund Managers
KNKaivalya NadkarniManaging since 11 Mar 2025
Charted Accountant (CA), B.Com.
Over 6 years of experience as detailed under: From Sept 2024 to Present - Equity Dealing - DSP Asset Managers Private Limited From Sept 2018 to August 2024 - Equity Dealing, Fund Management & Fund Accounting - ICICI Prudential AMC
- DSP Arbitrage fund
- DSP Dynamic Asset Allocation Fund
- DSP Equity Savings Fund
- DSP Value Fund
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SGShantanu GodambeManaging since 11 Mar 2025
CFA, MS(Finance), B.Com
Over 17 years of experience From March 2023 Onwards: Vice President (Investments - Fixed Income) - DSP Asset Managers Private Limited From January 2016-February 2023: Group Executive Vice President – Financial Markets - Plus SDL – April 2033 Index Yes Bank Ltd From November 2008-January 2016: Head – SLR Desk - Prebon Yamane India Ltd
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- DSP Corporate Bond Fund
- DSP CRISIL-IBX 50:50 Gilt Plus SDL - April 2033 Index Fund
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- DSP Equity Savings Fund
- DSP Floating Interest Rates Fund
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- DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund
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Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
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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 DSP Income Plus Arbitrage Omni FoF?
As of 01 Oct 2026, the NAV of DSP Income Plus Arbitrage Omni FoF is ₹23.90 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has DSP Income Plus Arbitrage Omni FoF delivered?
DSP Income Plus Arbitrage Omni FoF has returned +4.89% over 1 year, +10.60% per year over 3 years, +6.33% per year over 5 years and +7.43% 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 DSP Income Plus Arbitrage Omni FoF?
DSP Income Plus Arbitrage Omni FoF charges an expense ratio of 0.43% 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 DSP Income Plus Arbitrage Omni FoF?
DSP Income Plus Arbitrage Omni FoF's largest holdings are DSP Banking and PSU Debt Fund (51.0%), DSP Arbitrage Fund (36.3%) and DSP Short Term Fund (12.4%). Holdings are disclosed monthly and change over time.
How risky is DSP Income Plus Arbitrage Omni FoF?
DSP Income Plus Arbitrage Omni FoF is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 6.2% and its worst peak-to-trough fall in our sample was -17.0%. 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 0.66 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. DSP Income Plus Arbitrage Omni FoF's 0.66 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of DSP Income Plus Arbitrage Omni FoF?
DSP Income Plus Arbitrage Omni FoF is benchmarked against the 40% NIFTY 50 Arbitrage Index + 60% NIFTY Composite Debt Index. Its alpha and beta on this page are measured against that index.
Who manages DSP Income Plus Arbitrage Omni FoF?
DSP Income Plus Arbitrage Omni FoF is managed by Kaivalya Nadkarni and Shantanu Godambe at DSP.
How is DSP Income Plus Arbitrage Omni FoF taxed?
DSP Income Plus Arbitrage Omni 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.