Axis Mutual Fund, an asset management company, announces the launch of the Axis Income Plus Arbitrage Passive FOF, an open-ended fund of funds scheme designed to offer investors a balance of stability, predictability, and tax efficiency. The New Fund Offer (NFO) opens for subscription on Oct 28, 2025, and closes on Nov 11, 2025.
The fund is managed by Devang Shah (Head – Fixed Income) , Aditya Pagaria (Senior Fund Manager) , Hardik Satra (Senior Fund Manager) , and Karthik Kumar (Fund Manager) .
This offering is aimed at investors seeking to optimize post-tax returns while maintaining a conservative risk profile. The fund combines investments in passive debt-oriented mutual fund schemes with arbitrage funds, creating a hybrid structure intended to deliver consistent returns over

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