FoFFoF DomesticRegularGrowthVery High

Tata Income Plus Arbitrage Active FOF

Q: What is the NAV of Tata Income Plus Arbitrage Active FOF?

As of 01 Oct 2026, the NAV of Tata Income Plus Arbitrage Active FOF is ₹10.65 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Tata Income Plus Arbitrage Active FOF delivered?

Tata Income Plus Arbitrage Active FOF has returned +4.94% over 1 year and +4.64% 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.

Q: What is the expense ratio of Tata Income Plus Arbitrage Active FOF?

Tata Income Plus Arbitrage Active FOF charges an expense ratio of 0.58% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Tata Income Plus Arbitrage Active FOF?

Tata Income Plus Arbitrage Active FOF's largest holdings are TATA CORPORATE BOND FUND (60.3%) and TATA ARBITRAGE FUND (39.7%). Holdings are disclosed monthly and change over time.

Q: How risky is Tata Income Plus Arbitrage Active FOF?

Tata Income Plus Arbitrage Active FOF is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.9% and its worst peak-to-trough fall in our sample was -0.4%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What is the benchmark of Tata Income Plus Arbitrage Active FOF?

Tata Income Plus Arbitrage Active FOF is benchmarked against the Crisil Composite Bond Fund Index (60%) + Nifty 50 Arbitrage Index (40%) (TRI). Its alpha and beta on this page are measured against that index.

Q: Who manages Tata Income Plus Arbitrage Active FOF?

Tata Income Plus Arbitrage Active FOF is managed by Sailesh Jain, Murthy Nagarajan and Amit Somani at Tata.

Q: How is Tata Income Plus Arbitrage Active FOF taxed?

Tata 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.

Tata Mutual Fund · Best Domestic Fund of Funds

NAV

₹10.65

-0.03% 1D

as of 01 Oct 2026

This is the Regular plan of Tata Income Plus Arbitrage Active FOF — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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NAV history

+5.02%CAGR

52-week rangePrev NAV ₹10.65

Latest ₹10.65

Low ₹10.1598th percentile of its 52-week rangeHigh ₹10.66

Scorecard

★★★☆☆3/5 vs 115 of 152 FoF Domestic peers1Y

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). Based on a 1-year record — this fund is too young for a 3-year CAGR, so its performance is ranked on 1Y against the same peers. 115 of the 152 FoF Domestic funds in this cohort carry the full record the stars need, so they are the ones ranked against.

Performance—

Not enough FoF Domestic peers to rank yet

RiskLow

Volatility 0.9% vs 17.5% category avg

CostLow

0.6% expense vs 0.7% category avg

Consistency—

Not enough history for a rolling 3Y view

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 (0.9% vs 17.5%)
Low expense ratio (0.58%) vs the FoF Domestic average of 0.69%

Concerns

1-year return (+4.94%) trails the FoF Domestic average (+11.33%)

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.58%

Category 0.69%▼0.11%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

—

Category —

Excess return per unit of total volatility (rf = 6.5%)

—

Category 0.63

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

0.25 % of the applicable NAV, if redeemed / switched out / withdrawn on or before expiry of 30 Days from the date of allotment.

0.25%

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹150

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

Crisil Composite Bond Fund Index (60%) + Nifty 50 Arbitrage Index (40%) (TRI)

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

26 May 2025

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

+0.13%

Absolute return over the last 3 months (not annualized)

+0.69%

Absolute return over the last 6 months (not annualized)

+2.81%

Absolute return since 1 Jan of this year (not annualized)

+3.52%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+4.94%

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+4.64%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

0.93%

Excess return per unit of total volatility (rf = 6.5%)

—

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

—

Largest peak-to-trough decline over full history

-0.36%

Benchmark 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	+0.13%	-3.26%	+3.39%
3M abs	+0.69%	-0.33%	+1.02%
6M abs	+2.81%	+3.65%	-0.84%
1Y CAGR	+4.94%	+11.33%	-6.39%
3Y CAGR	—	+18.72%	—
5Y CAGR	—	+12.65%	—

Category average across peers in FoF Domestic (151 of 152 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 152 peers in FoF Domestic

1Y return

+4.94%

Beats 51.8% · rank #56

3Y return

—

5Y return

—

Sharpe

—

Sortino

—

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹1.20L

Current value

₹1.23L

Absolute

+2.19%

XIRR

+4.81%

Value vs. invested

ValueInvested

12 monthly installments of ₹10,000 into Tata Income Plus Arbitrage Active 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	+3.52%
2025part	+2.70%

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.

History points

331

Expense ratio

0.58%

AUM

₹248.34Cr

Portfolio turnover

16%

Exit load

0.25 % of the applicable NAV, if redeemed / switched out / withdrawn on or before expiry of 30 Days from the date of allotment.

Taxation

Taxed as debt

This 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.

Any holding period

30%

Short- and long-term alike

Your income-tax slab — no LTCG or indexation benefit

Your income-tax slab

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.

Peer comparison · FoF Domestic

Compare all


Tata Income Plus Arbitrage Active FOFThis fund Tata · Regular · Growth	★★★☆☆ 1Y	+4.94%	—	—	—	0.58%	₹248.34Cr
Mirae Asset NYSE FANG + ETF Fund of Fund Mirae Asset · Regular · Growth	★★★★★	+45.76%	+58.41%	+35.98%	—	0.41%	₹2,418Cr
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Mirae Asset · Regular · Growth	★★★★★	+47.60%	+45.91%	+29.33%	—	0.42%	—
UTI Silver ETF Fund of Fund UTI · Regular · Growth	★★★★★	+47.56%	+42.77%	—	—	0.46%	₹620.81Cr
Axis Silver Fund of Fund Axis · Regular · Growth	★★★★☆	+48.05%	+42.65%	—	—	0.65%	₹1,209Cr
HDFC Silver ETF Fund of Fund HDFC · Regular · Growth	★★★★☆	+47.41%	+42.47%	—	—	0.55%	₹4,593Cr

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Other99.97%
Cash & Equivalents0.03%

AMC Profile

Tata Mutual Fund is run by Tata Asset Management, part of the Tata Group, and has been in business since 1995. It runs a broad line-up across equity, debt and hybrid, including several long-running thematic schemes.

Launched

29 Jun 1995

Total AUM

₹2,36,199Cr+3.4% QoQ

Avg AUM · July - September 2026

Website

tatamutualfund.com

Fund Managers

SJSailesh JainManaging since 20 May 2025

Role

Fund Manager

Education

MBA (Finance)

Funds managed (4)

All schemes Sailesh Jain runs →

MNMurthy NagarajanManaging since 15 Oct 2025

Role

Head-Fixed Income

Education

B. Com, M. Com, PGPMS, ICWA (Inter)

Experience

29 Tata Business Presently working with Tata Asset Management Pvt Ltd. since Cycle Fund, March 2017 as Head - Fixed Income, Reporting to Chief

Funds managed (5)

All schemes Murthy Nagarajan runs →

ASAmit SomaniManaging since 01 Jun 2026

Role

Senior Fund Manager

Education

B. Com, PGDBM, CFA

Experience

Sep 2012 – till date with Tata Asset Management Ltd. as a Fund Manager reporting to Head-Fixed Income. Jun 2010 – Aug 2012 with Tata Asset Management Ltd. as a Credit Analyst reporting to Head of Fixed Income. September 2006 – April 2010 with Fidelity Investments as Research Associate. July 2004 to August 2006 with Netscribes Pvt. Ltd as Research analyst. Jun 2003 to July 2004 with SPA Capital as debt market dealer. February 2001 to May 2003 with Khandwala Securities as debt market dealer.

Funds managed (6)

All schemes Amit Somani runs →

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.

Explore from here

Fund managers

Sailesh Jain Murthy Nagarajan Amit Somani

Tata in the news

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 Tata Income Plus Arbitrage Active FOF?

As of 01 Oct 2026, the NAV of Tata Income Plus Arbitrage Active FOF is ₹10.65 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Tata Income Plus Arbitrage Active FOF delivered?

Tata Income Plus Arbitrage Active FOF has returned +4.94% over 1 year and +4.64% 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 Tata Income Plus Arbitrage Active FOF?

Tata Income Plus Arbitrage Active FOF charges an expense ratio of 0.58% 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 Tata Income Plus Arbitrage Active FOF?

Tata Income Plus Arbitrage Active FOF's largest holdings are TATA CORPORATE BOND FUND (60.3%) and TATA ARBITRAGE FUND (39.7%). Holdings are disclosed monthly and change over time.

How risky is Tata Income Plus Arbitrage Active FOF?

Tata Income Plus Arbitrage Active FOF is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.9% and its worst peak-to-trough fall in our sample was -0.4%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of Tata Income Plus Arbitrage Active FOF?

Tata Income Plus Arbitrage Active FOF is benchmarked against the Crisil Composite Bond Fund Index (60%) + Nifty 50 Arbitrage Index (40%) (TRI). Its alpha and beta on this page are measured against that index.

Who manages Tata Income Plus Arbitrage Active FOF?

Tata Income Plus Arbitrage Active FOF is managed by Sailesh Jain, Murthy Nagarajan and Amit Somani at Tata.

How is Tata Income Plus Arbitrage Active FOF taxed?

Tata 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.