Sundaram Income Plus Arbitrage Active FoF Fund Direct Growth NAV today
AMFI: 154123ISIN: INF903JA1LZ7MUTF_IN: SUND_INC_PL_N2LLAWSundaram Mutual FundFund of Funds
NAV ₹10.4327down ₹0.00 (0.05%)
NAV for 26 Oct 2026, against 23 Oct 2026. Declared once a day.
Other plans: Direct IDCW ₹10.4327 · Regular IDCW ₹10.4113 · Regular Growth ₹10.4113, −0.05%
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month. Assets under management in the glossary
- ₹56 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it. Total expense ratio: how it is worked out
- 0.34%25 Oct 2026
- Exit loadExit load. A charge, as a share of the amount redeemed, on units sold before a set period has passed since they were bought. Exit load in the glossary
- None
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. Riskometer in the glossary
- Low to ModerateAug 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures. Holdings in the glossary
- 830 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer. Launch date in the glossary
- 12 Jan 2026
Sundaram Income Plus Arbitrage Active FoF Fund returns
Direct Growth plan
Over each window to 26 Oct 2026
| Over | Direct GrowthTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). Trailing return: how it is worked out | Regular Growth |
|---|---|---|
| 1 week | −0.04% | −0.04% |
| 1 month | +0.20% | +0.18% |
| 3 months | +1.01% | +0.94% |
| 6 months | +2.68% | +2.55% |
| 1 year | Needs a year | – |
₹10,000 put in on 13 Jan 2026 is ₹10,426 at the NAV of 26 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load. Growth of ₹10,000 in the glossaryOver a year and longer, a return is the yearly rate.
Sundaram Income Plus Arbitrage Active FoF Fund expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio. Direct and regular plan cost gap in the glossary
- 0.25 ptsA year, on 25 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies. Expense ratio, 30-day average in the glossary
- 0.34%Over the last 30 days filed
- Regular, 30-day average
- 0.59%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 0.42%, Feb 2026.Direct plan lowest 0.33%, May 2026.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. Base expense ratio in the glossary | 0.32% | 0.56% |
| Brokerage | None | None |
| Transaction costs | None | None |
| Statutory levies | 0.02% | 0.03% |
Per cent of assets a year, filed for 25 Oct 2026. The parts add up to that day's total.
Buying and selling
- Lump-sum purchases
- Accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase. Minimum investment in the glossary
- ₹5,000
- Minimum top-up
- ₹500
- Minimum redemption
- ₹500
- SIP
- Accepted
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold. Lock-in in the glossary
- None
- SIP minimum
- Monthly: Rs.250/-, Weekly: Rs. 1000/-, Quarterly: Rs.750/
- SIP instalments, at least
- Daily, Weekly, Monthly, Quarterly: 6 Instalments
- SIP dates
- Any Day (1st to 31st), Weekly (All Working days)
As listed for this plan on 28 Oct 2026.
Sundaram Income Plus Arbitrage Active FoF Fund AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹67 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors. Share of assets in the direct plans in the glossary
- 91.8%Of the quarter's average
- Less the house's funds of fundsAverage assets, excluding the house's funds of funds. The quarter's average assets less the money the same fund house's funds of funds hold in this fund, so that money is not counted twice. Average assets, excluding the house's funds of funds in the glossary
- ₹0.00 CrQuarter to Sep 2026
Average assets by quarter, by plan
- Regular plans
- Direct plans
Largest ₹71 Cr, quarter to Mar 2026.
Assets at each month end
Highest ₹93 Cr, Jan 2026.The latest month end is the lowest since Jan 2026.
Sundaram Income Plus Arbitrage Active FoF Fund portfolio
Portfolio disclosed for 30 Sep 2026.
Holdings on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. Weight in the fund in the glossary | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. Held since in the glossary | |||
|---|---|---|---|---|
| Sundaram Arbitrage Fund | 36.71% | 20.43 | 1,23,80,776 | Jan 2026or earlier |
| Sundaram Short Term Fund | 16.08% | 8.95 | 17,43,749 | Jan 2026or earlier |
| Sundaram Money Market Fund | 13.76% | 7.66 | 46,81,614 | Jan 2026or earlier |
| Bandhan Short Term Fund | 13.03% | 7.25 | 10,99,565 | Mar 2026 |
| Nippon India Corporate Bond Fund | 9.19% | 5.12 | 7,61,173 | Jun 2026 |
| Tata Arbitrage Fund | 4.48% | 2.49 | 15,21,160 | Jan 2026or earlier |
| Axis Corporate Bond Fund | 3.74% | 2.08 | 10,74,043 | Jun 2026 |
| Sundaram Ultra Short Term | 0.58% | 0.32 | 1,021 | May 2026 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Cash and receivables on 30 Sep 2026
| TREPS | 2.37% | 1.32 |
| Cash and Other Net Current Assets | 0.06% | 0.03 |
Weight is per cent of the fund's net assets; value in ₹ crore.
- Largest holdingLargest holding. The share of the fund in its single largest position, cash and futures not counted as positions. Largest holding in the glossary
- 36.71%Sundaram Arbitrage Fund
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions. Top 5 holdings in the glossary
- 88.78%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions. Top 10 holdings in the glossary
- 97.58%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights. Effective number of holdings in the glossary
- 4.6Taken over 97.58% of the fund
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought. Asset allocation in the glossary- Units of other funds97.58%
- Cash and receivables2.42%
Per cent of the fund's net assets.
Bought and sold
Sep 2026 against Aug 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before. New positions in the glossary
- 0
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date. Sold out in the glossary
- 28.77% of the fund before
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth. Added to in the glossary
- 1
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth. Trimmed in the glossary
- 3
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price. Unchanged in the glossary
- 4
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month. Traded at least in the glossary
- 0.00%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it. Weight that moved in the glossary
- 23.27%
Changes in Sep 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). What changed in the glossary | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. Change in weight in the glossary | ||||
|---|---|---|---|---|---|
| Sundaram Arbitrage Fund | Added | 36.71% | 22.96% | +13.76 pts | +24,31,312 |
| Invesco India Arbitrage Fund | Sold out | – | 7.37% | −7.37 pts | −14,05,281 |
| Axis Corporate Bond Fund | Trimmed | 3.74% | 9.96% | −6.23 pts | −25,83,005 |
| Nippon India Corporate Bond Fund | Trimmed | 9.19% | 14.24% | −5.04 pts | −7,43,942 |
| Tata Arbitrage Fund | Trimmed | 4.48% | 6.66% | −2.18 pts | −13,78,699 |
| Bandhan Dynamic Term Fund | Sold out | – | 1.40% | −1.40 pts | −2,47,032 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points.
Holdings month by month
| Holding | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sundaram Arbitrage Fund | – | – | – | 15.83% | 19.86% | 22.94% | 23.43% | 23.79%Added | 23.56% | 23.63% | 22.96% | 36.71%Added |
| Sundaram Short Term Fund | – | – | – | 10.53% | 21.16%Added | 20.49%Cut | 20.93% | 20.33% | 12.93%Cut | 12.93% | 12.58% | 16.08% |
| Sundaram Money Market Fund | – | – | – | 10.53% | 2.70%Cut | 28.39%Added | 29.65%Added | 28.80% | 10.98%Cut | 11.00% | 10.73% | 13.76% |
| Bandhan Short Term Fund | – | – | – | – | – | 7.53%Bought | 10.77%Added | 10.46% | 10.48% | 10.46% | 10.18% | 13.03% |
| Nippon India Corporate Bond Fund | – | – | – | – | 6.60%Bought | Sold out | – | – | 11.76%Bought again | 14.66%Added | 14.24% | 9.19%Cut |
| Tata Arbitrage Fund | – | – | – | 10.55% | 9.28%Cut | 6.94%Cut | 7.08% | 6.87% | 6.81% | 6.83% | 6.66% | 4.48%Cut |
| Axis Corporate Bond Fund | – | – | – | – | 6.58%Bought | Sold out | – | – | 7.36%Bought again | 10.26%Added | 9.96% | 3.74%Cut |
| Sundaram Ultra Short Term | – | – | – | – | – | – | – | 1.93%Bought | 0.46%Cut | 0.47% | 0.45% | 0.58% |
| Bandhan Dynamic Term Fund | – | – | – | – | – | – | – | – | – | 1.43%Bought | 1.40% | Sold out |
| Invesco India Arbitrage Fund | – | – | – | 10.55% | 6.65%Cut | 7.68% | 7.84% | 7.60% | 7.54% | 7.56% | 7.37% | Sold out |
| Axis Ultra Short to Short Term Fund | – | – | – | 13.16% | 6.67%Cut | 1.64%Cut | Sold out | – | – | – | – | – |
| Sundaram Liquid Fund | – | – | – | – | – | 4.30%Bought | Sold out | – | – | – | – | – |
| HDFC Short Term Fund | – | – | – | 5.26% | 6.62% | Sold out | – | – | – | – | – | – |
| ICICI Prudential Short Term Fund | – | – | – | 2.63% | 6.62%Added | Sold out | – | – | – | – | – | – |
| Sundaram Corporate Bond Fund | – | – | – | – | 0.99%Bought | Sold out | – | – | – | – | – | – |
Per cent of the fund's net assets at each month end, Oct 2025 to Sep 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap.
Portfolio turnover, per cent of assets a year
- TurnoverPortfolio turnover. How much of the portfolio the fund bought or sold over the last year, as a share of its assets, as the fund house states it. Portfolio turnover in the glossary
Highest 0.0% in Jan 2026
Risk ratios
NAV to 26 Oct 2026
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. Largest fall in the glossary | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. Back at the high in the glossary |
|---|---|---|---|---|
| Since Jan 2026 | −0.17% | 10 Sep 2026 | 15 Sep 2026 | 23 Sep 2026 |
Risk level by month
| Months | Fund | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. Benchmark's risk level in the glossary |
|---|---|---|
| Jul 2026 to Aug 20262 months | Low to Moderate | Moderate60% Nifty Short Duration Debt Index A-II + 40% Nifty 50 Arbitrage TRI |
| Mar 2026 to Jun 20264 months | Moderate | Moderate60% Nifty Short Duration Debt Index A-II + 40% Nifty 50 Arbitrage TRI |
| Feb 20261 month | Low to Moderate | Low to Moderate60% Nifty Short Duration Debt Index A-II + 40% Nifty 50 Arbitrage TRI |
| Dec 2025 to Jan 20262 months | Moderate | Moderate60% Nifty Short Duration Debt Index A-II + 40% Nifty 50 Arbitrage TRI |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
Sundaram Income Plus Arbitrage Active FoF Fund managers
Managers now
| Manager | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. Return in the manager's time in the glossary | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. Benchmark over the same days in the glossary | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. Difference from the benchmark in the glossary | Portfolio changed after the handover. How much of the portfolio was different three months after the manager took over: half the sum of every holding's change in weight, with each side's holdings scaled to add up to 100 so a move into cash does not count. Portfolio changed after the handover in the glossary | Portfolio changed before the handover. The same measure over the three months before the manager took over, since portfolios change anyway. Portfolio changed before the handover in the glossary | Assets the manager runs. The latest monthly size of every fund the manager runs now, added up; a fund run with others counts in full for each of its managers, and the line under it counts only the funds they run alone. Assets the manager runs in the glossary | ||
|---|---|---|---|---|---|---|---|---|
| S. Bharath | – | – | – | – | – | 3 | ₹14,700 Cr₹13,854 Cr alone | |
| Sandeep Agarwal | – | – | – | – | – | 14 | ₹19,182 Cr | |
| Kumaresh Ramakrishnan | – | – | – | – | – | 14 | ₹26,408 Cr₹18 Cr alone |
Returns are the direct plan's growth NAV, from the day each took over to the latest NAV, beside the benchmark over the same days.
Other funds they run
| Fund | |||||
|---|---|---|---|---|---|
| Sundaram Mid Cap FundS. Bharath | Feb 2021 | +17.09%a year | +17.21% | −0.13 pts | ₹13,854 Cr |
| Sundaram Liquid FundSandeep Agarwal | May 2022 | +6.79%a year | – | – | ₹6,727 Cr |
| Sundaram Ultra Short TermSandeep Agarwal | Jan 2022 | +6.77%a year | – | – | ₹2,108 Cr |
| Sundaram Overnight FundSandeep Agarwal | – | – | – | ₹1,927 Cr | |
| Sundaram Flexicap FundSandeep Agarwal | Jun 2026 | −2.86%over 139 days | −2.91% | +0.05 pts | ₹1,837 Cr |
| Sundaram Business Cycle FundSandeep Agarwal | – | – | – | ₹1,716 Cr | |
| Sundaram Aggressive Hybrid FundKumaresh Ramakrishnan | Jun 2026 | −1.67%over 139 days | – | – | ₹8,793 Cr |
| Sundaram Liquid FundKumaresh Ramakrishnan | Jun 2026 | +2.46%over 139 days | – | – | ₹6,727 Cr |
| Sundaram Multi Asset Allocation FundKumaresh Ramakrishnan | Jun 2026 | −3.22%over 139 days | – | – | ₹3,205 Cr |
| Sundaram Ultra Short TermKumaresh Ramakrishnan | Jun 2026 | +2.53%over 139 days | – | – | ₹2,108 Cr |
The ten largest by assets, by manager. Returns are the direct plan's.
Portfolio overlap
Funds holding the most of the same securities, by weight.
Closest funds in the category
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. Portfolio overlap in the glossary | Shared holdings. The number of securities both funds hold, cash and futures left out. Shared holdings in the glossary | |
|---|---|---|
| Nippon India Income Plus Arbitrage Active Fund of FundNippon India Mutual Fund | 9.19% | 1 |
| Franklin India Income Plus Arbitrage Active Fund of FundsFranklin Templeton Mutual Fund | 8.22% | 2 |
| Tata Income Plus Arbitrage Active FOFTata Mutual Fund | 4.48% | 1 |
Portfolios for Sep 2026. Overlap is per cent of the portfolio the two funds hold in common.
Changes to the fund
Newest first.
2026
- 1 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
Fund details
Objective
The scheme shall seek to generate long-term capital appreciation by investing in units of debt oriented mutual fund schemes and arbitrage mutual fund schemes. No Guarantee: There is no guarantee or assurance that the investment objective of the scheme will be achieved. Investors are neither being offered any guaranteed / indicated returns nor any guarantee on repayment of capital by the Schemes. There is also no guarantee of capital or return either by the mutual fund or by the sponsor or by the Asset management Company or by the Trustees.
Asset allocation
- Units of Liquid/Debt Oriented Mutual Fund Schemes: 35%-65%
- Units of Arbitrage Mutual Fund Schemes: 35%-65%
- Money Market Securities (including Tri Party Repo)#: 0%-5%
Type of scheme
An open-ended fund of funds investing in units of debt oriented mutual fund schemes and arbitrage mutual fund schemes
- Stated category
- Hybrid FoF
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back. Benchmark in the glossary
- 60% Nifty Short Duration Debt Index A-II + 40% Nifty 50 Arbitrage TRI
- Risk level at launch
- Moderate Risk
- New fund offer
- 5 Jan 2026 to 8 Jan 2026
- Units first allotted
- 12 Jan 2026
- Open for sale again
- 19 Jan 2026
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹5,000
Plans and codes
| Plan | AMFI code | ISIN | MUTF_IN | First NAV |
|---|---|---|---|---|
| Direct Growth | 154123 | INF903JA1LZ7 | SUND_INC_PL_N2LLAW | 13 Jan 2026 |
| Regular Growth | 154127 | INF903JA1MC4 | SUND_INC_PL_156HDSE | 13 Jan 2026 |
| Direct IDCW | 154124 | INF903JA1MA8 | SUND_INC_PL_26RU2X | 13 Jan 2026 |
| Regular IDCW | 154125 | INF903JA1MD2 | SUND_INC_PL_1AFNXLS | 13 Jan 2026 |
This fund
- Scheme information documentThe fund's objective, terms, costs and risks in full
Factsheet
- Sundaram Aggressive HybridSundaram Mutual Fund, Sep 2026
- Sundaram Arbitrage FundSundaram Mutual Fund, Sep 2026
- Sundaram Balanced Advantage FundSundaram Mutual Fund, Sep 2026
- Sundaram Banking and PSU Debt FundSundaram Mutual Fund, Sep 2026
Statement of additional information
- SAI Sundaram Mutual FundSundaram Mutual Fund, Oct 2026
Annual report
- Trustee Reports - Trustee ReportSundaram Mutual Fund, Mar 2026
- Trust Accounts - Trust AccountsSundaram Mutual Fund, Mar 2026
- Equity Fund - Sundaram Infrastructure Advantage FundSundaram Mutual Fund, Mar 2026
- Equity Fund - Sundaram Mid Cap FundSundaram Mutual Fund, Mar 2026
Riskometer disclosure
- FY 25-26Sundaram Mutual Fund, Mar 2026
Portfolio overlap disclosure
- Portfolio Overlap Equity, Debt, Hybrid - Sep 2026Sundaram Mutual Fund, Sep 2026