Edelweiss Income Plus Arbitrage Omni Fund of Funds
Edelweiss Mutual Fund · Best Domestic Fund of Funds
This is the Regular plan of Edelweiss Income Plus Arbitrage Omni Fund of Funds — bought through a distributor, whose commission is paid out of its expense ratio. Income is distributed and paid out, which is why this NAV sits below the growth plan of the same fund.
This is the IDCW (dividend) option — it pays its earnings out as dividends rather than reinvesting them, so every payout steps the NAV down and the return figures below leave those payouts out. Your actual return was higher by whatever was distributed. That’s expected for a payout plan, not missing data.
View the Growth plan for compounded returnsNAV history
Scorecard
★★☆☆☆2/5 vs 105 of 127 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. 105 of the 127 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 1.8% vs 14.7% category avg
0.3% expense vs 0.7% 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 (1.8% vs 14.7%)
- Low expense ratio (0.28%) vs the FoF Domestic average of 0.66%
Concerns
- Trails the FoF Domestic average on 1M/3M/6M/1Y — 1Y by 17.45pp
- Weaker risk-adjusted returns — Sharpe -1.52 below the FoF Domestic average of 0.27
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 | -1.20% | +3.11% | -4.31% |
| 3M abs | +0.09% | +1.77% | -1.68% |
| 6M abs | +0.97% | +2.05% | -1.08% |
| 1Y CAGR | +3.71% | +21.16% | -17.45% |
| 3Y CAGR | — | +14.30% | — |
| 5Y CAGR | — | +9.04% | — |
Category average across peers in FoF Domestic (125 of 127 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 127 peers in FoF Domestic
Rolling returns
Return for every possible 1Y holding period, not just today’s
Not enough history for a 1Y rolling window.
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 Edelweiss Income Plus Arbitrage Omni Fund of Funds, 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 | +1.62% | |
| 2025part | +2.24% |
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.
Edelweiss 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.
Radhika Gupta, MD & CEO, Edelweiss Mutual Fund, News, Photos and Videos
India Today · 7d ago
Edelweiss MF to pause SIPs, STPs in 7 overseas schemes from Aug 12
CNBC TV18 · 11d ago
Edelweiss MF suspends existing SIP, STP subscriptions in seven overseas schemes from August 11
Moneycontrol.com · 11d ago
28 international funds stop existing SIPs amid overseas investment limits; Edelweiss' Radhika Gupta says ‘no choice’
livemint.com · 12d ago
Edelweiss Mutual Fund temporarily suspends SIPs and STPs in its 7 funds
The Economic Times · 13d ago
Edelweiss Nifty REITs & Realty Index Fund is open for subscription. Should you invest?
The Economic Times · 13d ago
Edelweiss Mutual Fund files offer document for Altiva Equity Long-Short Fund
Investment Guru · 14d ago
Temporary suspension of existing investments in global schemes of Edelweiss Mutual Fund
Value Research · 14d 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 Edelweiss Income Plus Arbitrage Omni Fund of Funds?
As of 20 Aug 2026, the NAV of Edelweiss Income Plus Arbitrage Omni Fund of Funds is ₹10.40 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Edelweiss Income Plus Arbitrage Omni Fund of Funds delivered?
Edelweiss Income Plus Arbitrage Omni Fund of Funds has returned +3.71% over 1 year and +3.59% 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 Edelweiss Income Plus Arbitrage Omni Fund of Funds?
Edelweiss Income Plus Arbitrage Omni Fund of Funds charges an expense ratio of 0.28% 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 Edelweiss Income Plus Arbitrage Omni Fund of Funds?
Its largest holdings are Edelweiss Arbitrage Fund Direct-Growth (41.1%), Edelweiss Low Duration Fund Direct-Growth (33.3%), BHARAT Bond ETF – April 2030 Regular - Growth (12.5%), Edelweiss Liquid Direct-Growth (7.5%) and Edelweiss Government Securities Fund Direct-Growth (4.0%). Holdings are disclosed monthly and change over time.
How risky is Edelweiss Income Plus Arbitrage Omni Fund of Funds?
It is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.8% and its worst peak-to-trough fall in our sample was -1.7%. 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 -1.52 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Edelweiss Income Plus Arbitrage Omni Fund of Funds's -1.52 means it has not compensated investors for its volatility over the window. Higher is better.
Who manages Edelweiss Income Plus Arbitrage Omni Fund of Funds?
Edelweiss Income Plus Arbitrage Omni Fund of Funds is managed by Bhavesh Jain, Rahul Dedhia, Hetul Raval and Bharat Lahoti at Edelweiss.
How is Edelweiss Income Plus Arbitrage Omni Fund of Funds taxed?
Edelweiss Income Plus Arbitrage Omni Fund of Funds 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.