Seeking to tap growing investor demand for consistent income, Axis Mutual Fund launched its Axis Income Plus Arbitrage Passive Fund of Fund. The product blends equity and debt arbitrage exposure to deliver steady, tax-efficient post-tax returns. Fund managers emphasized capital protection and predictable yield as its key differentiators. The offering fits within Axis’s hybrid strategy expansion and caters to conservative investors preferring balanced risk profiles. Subscriptions for the fund opened this week across major platforms with wide retail participation expected.