Nippon India Income Plus Arbitrage Omni Fund of Fund
This is the Direct plan of Nippon India Income Plus Arbitrage Omni Fund of Fund — 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
Not ratedHow 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. Not rated — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.
No 3-year record to rank on yet
Volatility 1.0% vs 2.1% category avg
0.1% expense vs 0.1% 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 (1.0% vs 2.1%)
- Low expense ratio (0.12%) vs the FoF Domestic average of 0.14%
Concerns
No significant concerns identified.
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 | +0.27% | -0.08% | +0.35% |
| 3M abs | — | +0.43% | — |
| 6M abs | — | +2.29% | — |
| 1Y CAGR | — | +4.36% | — |
| 3Y CAGR | — | +8.02% | — |
| 5Y CAGR | — | +7.04% | — |
Category average across peers in FoF Domestic (up to 30 funds with data), 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.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
Pick a longer period to plot the path.
1 monthly installments of ₹10,000 into Nippon India Income Plus Arbitrage Omni Fund of Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Recent changes
Expense-ratio, fund-manager, exit-load and minimum-investment changes we've picked up in the last 30 days.
- Expense ratio up: 0.06% → 0.12%13 Oct 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 30 Sep 2026 · AMC disclosure- Other98.00%
- Cash & Equivalents2.00%
AMC Profile
Nippon India Mutual Fund is managed by Nippon Life India Asset Management, which took control of the former Reliance Mutual Fund in 2019 when Nippon Life of Japan bought out the Reliance Capital stake. It is among India's largest fund houses by assets and is best known for its small- and mid-cap franchise.
Fund Managers
VAVikash AgarwalStart date not disclosed
Senior Fund Manger
Chartered Accountant, MS Finance (ICFAI). BCOM HONS
Over 18.5 years of experience in capital markets From September 05, 2024 onwards Nippon Life India Asset Management – Senior Fund Manager – Fixed Income From September 2007 to August 2024 HDFC Asset Management - Fund Manager Debt From April 2006 to September 2007 Larsen and Toubro - Forex Trading and economic research
- Nippon India Arbitrage Fund
- Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
- Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund
- Nippon India ETF Hang Seng BeES
- Nippon India ETF Nifty 1D Rate Liquid BeES
- Nippon India Fixed Maturity Plan - XLV - Series 5
- Nippon India Floating Interest Rates Fund
- Nippon India Income Plus Arbitrage Active Fund of Fund
- Nippon India Liquid Fund
- Nippon India Money Market Fund
- Nippon India Nifty 1D Rate Liquid ETF- Growth
- Nippon India Overnight Fund
SPSushil Hari PrasadStart date not disclosed
Senior Fund Manager – Debt Investments
Chartered Accountant
Over 24 years of experience across Debt Markets January 2019 - till date : NAM India: Senior Fund Manager March 2006 to January 2019 YES Bank Ltd.: Senior President Financial Markets. Handled Debt Capital Markets and prop trading book of the Bank. December 2002 to March 2006 Axis Bank (Erstwhile UTI Bank) : Manager, Merchant Banking. Handled Corporate Bond Desk of the Bank May 2001 to December 2002 UTI Mutual Fund (Erstwhile Unit Trust of India) : Dealer – Debt Market
Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. 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
Nippon India 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.
Jio IPO’s GMP rises to 22% as India’s largest ever issue set to open on October 21. Should you subscribe?
The Economic Times · 1h ago
Jio Platforms' Rs 8,110-crore anchor book attracts over Rs 2.5 lakh crore in institutional demand; draws marquee global investors
www.indiagazette.com · 7h ago
Jio IPO: LIC, BlackRock, Fidelity, GIC among 212 anchor investors to pour Rs 8,110 crore
The Economic Times · 12h ago
Jio Platforms IPO: Rs 2.5 lakh crore demand for Rs 8,110 crore anchor book
The New Indian Express · 20h ago
Jio’s mega IPO breaks all records with Rs 2.5 lakh crore anchor demand: BlackRock, GIC, LIC participate
The Economic Times · 21h ago
Akshaya Tritiya ETF Volume Led By Nippon India MF
https://www.fintechbiznews.com/ · 2d ago
Nippon India Mutual Fund - Nippon India ETF Nifty Dividend Opportunities 50 (DIVOPPBEES.NS)
Yahoo Finance UK · 4d ago
Which fund house takes the folio crown?
Cafemutual · 5d 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.
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Frequently asked questions
What is the NAV of Nippon India Income Plus Arbitrage Omni Fund of Fund?
As of 19 Oct 2026, the NAV of Nippon India Income Plus Arbitrage Omni Fund of Fund is ₹10.06 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Nippon India Income Plus Arbitrage Omni Fund of Fund delivered?
Nippon India Income Plus Arbitrage Omni Fund of Fund has returned +0.51% 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 Nippon India Income Plus Arbitrage Omni Fund of Fund?
Nippon India Income Plus Arbitrage Omni Fund of Fund charges an expense ratio of 0.12% 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 Nippon India Income Plus Arbitrage Omni Fund of Fund?
Nippon India Income Plus Arbitrage Omni Fund of Fund's largest holdings are Nippon India Credit Risk Fund Debt Op Dr Plan Grth (55.9%), Nippon India Arbitrage Fund Dir Growth Pln Gr Op (38.8%) and Nippon Ind CRISI-9-12Fin Ser Debt In Fd-Dr Pl-GrOp (3.3%). Holdings are disclosed monthly and change over time.
How risky is Nippon India Income Plus Arbitrage Omni Fund of Fund?
Nippon India Income Plus Arbitrage Omni Fund of Fund sits at the very high level on our estimate of SEBI's risk-o-meter scale, its trailing-3Y volatility (annualised) is 1.0% and its worst peak-to-trough fall in our sample was 0.2%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What is the benchmark of Nippon India Income Plus Arbitrage Omni Fund of Fund?
Nippon India Income Plus Arbitrage Omni Fund of Fund is benchmarked against the 60% CRISIL Short Term Bond Index + 40% Nifty 50 Arbitrage Index.
Who manages Nippon India Income Plus Arbitrage Omni Fund of Fund?
Nippon India Income Plus Arbitrage Omni Fund of Fund is managed by Vikash Agarwal and Sushil Hari Prasad at Nippon India.
When was Nippon India Income Plus Arbitrage Omni Fund of Fund launched, and what is its objective?
Nippon India Income Plus Arbitrage Omni Fund of Fund was launched on 03 Sep 2026. its stated objective is: The primary objective of the Scheme is to invest in units of domestic active and passive debt-oriented schemes and Arbitrage schemes of Nippon India Mutual Fund or any other Mutual Fund(s) in order to generate regular income. Both are as filed in the scheme's own Scheme Summary Document.
How is Nippon India Income Plus Arbitrage Omni Fund of Fund taxed?
Nippon India Income Plus Arbitrage Omni Fund of Fund 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.