NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Mirae Asset Income Plus Arbitrage Active FoF - Growth for NRI [10.33]

Min Investment

5,000

Fund Size

19.85 Cr

Expense Ratio

0.3%

Exit Load

%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

10.33

0.05%

NAV as on 04 Feb 26, 12:00 AM

risk

dynamic bond

equity

NAV as on 04 Feb 26, 12:00 AM

risk

dynamic bond

equity

0.00%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

3.25%p.a.

Since Inception

About Mirae Asset Income Plus Arbitrage Active FoF - Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Mirae Asset Income Plus Arbitrage Active FoF - Growth scheme from Mirae Asset Investment Managers (India) Private Limited. It is a Dynamic Bond mutual fund scheme that predominantly invests in Dynamic Bond stocks of companies. Launched on Jul 2025, Mirae Asset Income Plus Arbitrage Active FoF - Growth is Dynamic Bond fund of its category with 19.85 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Dynamic Bond funds.

  • Mirae Asset Income Plus Arbitrage Active FoF - Growth delivered 0.0% annual returns during the last year. It has delivered 3.3% average annual returns since the fund was launched.
  • Mirae Asset Income Plus Arbitrage Active FoF - Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in equity

Fund Objective

The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in a units of actively managed debt oriented and Arbitrage mutual fund schemes. The Scheme does not guarantee or assure any returns.

Top 7 Holdings

Repo

7.35%

Net Payables

-0.27%

Mirae Asset Short Duration Fund Direct - Growth

27.79%

Mirae Asset Arbitrage Fund Direct - Growth

37.25%

Mirae Asset Money Market Fund Direct - Growth

18.24%

Net Receivables

0.06%

Mirae Asset Long Duration Fund Direct-Growth

9.64%

Fund Managers

  1. Mahendra Kumar Jajoo (Jun 2025 - Present)
  2. Basant Bafna (Dec 2025 - Present)

Key Information

View Scheme Document

Mirae Asset Income Plus Arbitrage Active FoF - Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on Mirae Asset Income Plus Arbitrage Active FoF - Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Mirae Asset Income Plus Arbitrage Active FoF - Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Mirae Asset Income Plus Arbitrage Active FoF - Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions