Tata Income Plus Arbitrage Active FOF
Tata Mutual Fund · Best Domestic Fund of Funds
This is the Direct plan of Tata Income Plus Arbitrage Active FOF — bought from the fund house, with no distributor commission in its expense ratio. Income is distributed and paid out, which is why this NAV sits below the growth plan of the same fund.
NAV history
Scorecard
★★★☆☆3/5 vs 104 of 126 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. 104 of the 126 FoF Domestic funds in this cohort carry the full record the stars need, so they are the ones ranked against.
Not enough FoF Domestic peers to rank yet
Volatility 0.9% vs 14.7% category avg
0.1% expense vs 0.2% category avg
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 14.7%)
- Low expense ratio (0.10%) vs the FoF Domestic average of 0.20%
Concerns
- 1-year return (+5.91%) trails the FoF Domestic average (+21.96%)
- Weaker risk-adjusted returns — Sharpe -0.64 below the FoF Domestic average of 0.38
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% | +3.15% | -2.69% |
| 3M abs | +2.31% | +1.83% | +0.48% |
| 6M abs | +2.91% | +2.33% | +0.58% |
| 1Y CAGR | +5.91% | +21.96% | -16.05% |
| 3Y CAGR | — | +15.26% | — |
| 5Y CAGR | — | +9.97% | — |
Category average across peers in FoF Domestic (124 of 126 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 126 peers in FoF Domestic
Rolling returns
Return for every possible 1Y holding period, not just today’s
3 overlapping 1Y windows, sampled monthly across the fund’s history.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
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 | +3.65% | |
| 2025part | +3.02% |
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.
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.
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.
Tata Mutual Fund lifts curbs on investment in gold ETFs
BusinessLine · 3h ago
Tata Mutual Fund resumes subscription for large investors in gold ETF, removes lumpsum limits for Gold ETF
The Economic Times · 7h ago
Gold ETF Inflow Curbs Lifted: HDFC, Axis, And Tata Mutual Funds Reopen Subscriptions
Outlook Money · 8h ago
Tata Mutual Fund resumes subscriptions to Tata Gold ETF, Gold ETF FOF
Moneycontrol.com · 9h ago
Tata Mutual Fund resumes large-investor Gold ETF subscriptions as bullion heads for third weekly gain
Moneycontrol.com · 9h ago
Gold and silver returns in 2026: Key growth drivers and right allocation strategy for long-term investors
livemint.com · 4d ago
Gold or silver in 2026? Tata MF says keep 70% in gold, 30% in silver
Business Standard · 4d ago
Gold vs silver: Why Tata MF prefers a 70:30 allocation despite silver’s long-term potential
Business Today · 6d ago
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 20 Aug 2026, the NAV of Tata Income Plus Arbitrage Active FOF is ₹10.69 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 +5.91% over 1 year and +5.45% 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 0.10% 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?
Its largest holdings are Tata Corporate Bond Fund Direct - Growth (60.5%) and Tata Arbitrage Fund Direct - Growth (39.5%). Holdings are disclosed monthly and change over time.
How risky is Tata Income Plus Arbitrage Active FOF?
It 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 -0.3%. 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 -0.64 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Tata Income Plus Arbitrage Active FOF's -0.64 means it has not compensated investors for its volatility over the window. Higher is better.
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.