Income-oriented debt or money-market exposure
The objective of the Scheme is to provide income over medium to long term by investing in units of Arbitrage Fund and Debt Funds. However, there is no assurance that the investment objective of the Scheme will be achieved.
Investors matching the scheme's duration and credit profile to their time horizon.
Interest-rate, credit, liquidity and reinvestment risk; debt funds are not fixed deposits.
How the money may be invested
Units of Arbitrage Fund#: 35%-65%,Units of Debt & Money Market Funds#: 35%-65%,Money Market Instruments and Cash & Cash Equivalent: 0%-5%,#The Scheme will invest predominantly in the existing or prospective schemes of Union Mutual Fund / third party domestic mutual funds that invests in equity and equity related instruments, debt, money market instruments, etc. depending upon the asset allocation pattern, investment objective and risk profile of the respective schemes. Please refer the Scheme Information Document for more details.
- SEBI category
- Others – Fund of Funds – Hybrid FoF – Income Plus Arbitrage FoF
- Fund type
- An open-ended FoF investing in units of Arbitrage and Debt Oriented Schemes.
- Primary benchmark
- 60% Nifty Composite Debt Index + 40% Nifty 50 Arbitrage Index TRI # #NIFTY Index Disclaimer: The Product(s) are not sponsored, endorsed, sold or promoted by NSE INDICES LIMITED (formerly known as India Index Services & Products Limited ("IISL")). NSE INDICES LIMITED does not make any representation or warranty, express or implied, to the owners of the Product(s) or any member of the public regarding the advisability of investing in securities generally or in the Product(s) particularly or the ability of the NIFTY 50 Arbitrage Index/ Nifty Composite Debt Index to track general stock market performance in India. The relationship of NSE INDICES LIMITED to the Issuer is only in respect of the licensing of the Indices and certain trademarks and trade names associated with such Indices which is determined, composed and calculated by NSE INDICES LIMITED without regard to the Issuer or the Product(s). NSE INDICES LIMITED does not have any obligation to take the needs of the Issuer or the owners of the Product(s) into consideration in determining, composing or calculating the NIFTY 50 Arbitrage Index/ Nifty Composite Debt Index. NSE INDICES LIMITED is not responsible for or has participated in the determination of the timing of, prices at, or quantities of the Product(s) to be issued or in the determination or calculation of the equation by which the Product(s) is to be converted into cash. NSE INDICES LIMITED has no obligation or liability in connection with the administration, marketing or trading of the Product(s). NSE INDICES LIMITED do not guarantee the accuracy and/or the completeness of the NIFTY 50 Arbitrage Index/ Nifty Composite Debt Index or any data included therein and NSE INDICES LIMITED shall have not have any responsibility or liability for any errors, omissions, or interruptions therein. NSE INDICES LIMITED does not make any warranty, express or implied, as to results to be obtained by the Issuer, owners of the product(s), or any other person or entity from the use of the Nifty Composite Debt Index and NIFTY 50 Arbitrage Index or any data included therein. NSE INDICES LIMITED makes no express or implied warranties, and expressly disclaim all warranties of merchantability or fitness for a particular purpose or use with respect to the index or any data included therein. Without limiting any of the foregoing, NSE INDICES LIMITED expressly disclaim any and all liability for any claims ,damages or losses arising out of or related to the Products, including any and all direct, special, punitive, indirect, or consequential damages (including lost profits), even if notified of the possibility of such damages. An investor, by subscribing or purchasing an interest in the Product(s), will be regarded as having acknowledged, understood and accepted the disclaimer referred to in Clauses above and will be bound by it.
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- Mr. Vishal Thakker FM 2- Mr. Anindya Sarkar · Mr. Shrenuj Parekh
- Manager tenure on this scheme
- Mr. Vishal Thakker FM 2- Mr. Anindya Sarkar — since since inception of the fund (12-06-2025) · Since since inception of the fund (12-06-2025) · Mr. Shrenuj Parekh — since since inception of the fund (12-06-2025)
- Role / co-management
- Mr. Vishal Thakker FM 2- Mr. Anindya Sarkar — Co-manage · Co-manage · Mr. Shrenuj Parekh — Co-manage
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| Union Income Plus Arbitrage Active FOF - Direct Plan - Growth Option | ₹10.5071 | 04 Sep 2026 |
| Union Income Plus Arbitrage Active FOF - Direct Plan - IDCW Option | ₹10.5071 | 04 Sep 2026 |
| Union Income Plus Arbitrage Active FOF - Regular Plan - Growth Option | ₹10.4501 | 04 Sep 2026 |
| Union Income Plus Arbitrage Active FOF - Regular Plan - IDCW Option | ₹10.4501 | 04 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Regular 0.58%, Direct 0.13%
- Exit load
- NIL
- Minimum application
- 1000 · multiples of 1
- SIP frequency
- SIP - Daily, Weekly, Fortnightly and Monthly .STP - Daily, Weekly, Fortnightly, Monthly ,Quarterly and Half yearly .SWP - Daily, Monthly ,Quarterly, Half yearly and Yearly
- Minimum SIP amount
- SIP - Rs. 100 for daily SIP, Rs. 500 for weekly SIP, Rs. 500 for fortnightly SIP, Rs. 500 for monthly SIP STP - Rs. 100 for all frequencies SWP - Rs. 500 for all frequencies
- Minimum instalments
- SIP - 6 instalments for all frequencies, STP - 6 instalments for all frequencies ,SWP - 6 instalments for all frequencies
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.