MAHINDRA MANULIFE ARBITRAGE YOJANA
(An open ended scheme investing in arbitrage opportunities)

Data as on 31st December 2022

Investment Objective The investment objective of the Scheme is to generate income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments. However, there can be no assurance that the investment objective of the Scheme will be achieved.
Fund Features
Relatively lower risk as arbitrage strategy focuses on protecting downside risk by capturing market spreads
Better tax efficiency on returns compared to short term debt funds
One of the least volatile hybrid schemes that is suitable for investment across market cycles
Fund Manager and Experience Fund Manager (Equity): Mr. Abhinav Khandelwal
Total Experience: 14 years
Experience in managing this fund: 9 months (Managing since April 1, 2022)
Fund Manager (Equity): Mr. Manish Lodha
Total Experience: 22 years
Experience in managing this fund: 2 years (Managing since December 21, 2020)
Fund Manager (Debt): Mr. Rahul Pal
Total Experience: 21 years
Experience in managing this fund: 2 years 4 months (Managing since August 24, 2020)
Date of allotment August 24, 2020
Benchmark Nifty 50 Arbitrage Index TRI
Options IDCW (IDCW Option will have IDCW Reinvestment (D) & IDCW Payout facility) and Growth (D) D-Default
Minimum Amount for Subscription / Purchase Rs. 1,000/- and in multiples of Re. 1/- thereafter
Minimum Amount for Switch in Rs. 1,000/- and in multiples of Re. 0.01/- thereafter
Minimum Amount for Redemption / Switch-outs: Rs. 1,000/- or 100 units or account balance, whichever is lower
Minimum Weekly & Monthly SIP Amount Rs 500 and in multiples of Re 1 thereafter
Monthly AAUM as on December 31, 2022 (Rs. in Cr.) 25.04
Quarterly AAUM as on December 31, 2022
(Rs. in Cr.):
26.10
Monthly AUM as on December 31, 2022 (Rs. in Cr.) 25.51
Total Expense Ratio1 as on December 31, 2022 Regular Plan: 1.16%
Direct Plan: 0.31%
1Includes additional expenses charged in terms of Regulation 52(6A)(b) and 52(6A)(c) of SEBI (Mutual Funds) Regulations, 1996 and Goods and Service Tax.
Load Structure: Entry Load: N.A.
Exit Load:
• An exit load of 0.25% is payable if Units are redeemed / switched-out on or before completion of 30 days from the date of allotment of Units;
• Nil - If Units are redeemed / switched-out after completion of 30 days from the date of allotment of Units.
Redemption /Switch-Out of Units would be done on First in First out Basis (FIFO).

Annualised Portfolio YTM*2^: 6.40%3
Macaulay Duration^: 2.00 days3
Modified Duration^: 0.013
Residual Maturity^: 2.00 days
Portfolio Turnover Ratio (Last 1 year): 7.97
As on (Date) Dec 31, 2022
*In case of semi annual YTM, it will be annualised
^For debt component
2Yield to maturity should not be construed as minimum return offered by the Scheme;
3Calculated on amount invested in debt securities (including accrued interest), deployment of funds in TREPS and Reverse Repo and net receivable / payable.

NAV as on December 30, 2022
NAV/Unit
Regular Plan (In Rs.)
Direct Plan (In Rs.)
IDCW
10.7016
10.9169
Growth
10.7016
10.9169
IDCW: Income Distribution cum Capital Withdrawal

Company / Issuer
% of Net Assets
  Fully Hedged equity  
Automobile And Auto Components
3.62%
Maruti Suzuki India Limited
3.62%
Construction
5.15%
Larsen & Toubro Limited
5.15%
Construction Materials
6.29%
Ambuja Cements Limited
6.29%
Fast Moving Consumer Goods
7.59%
ITC Limited
4.57%
Hindustan Unilever Limited
3.01%
Financial Services
13.59%
ICICI Bank Limited
6.36%
HDFC Life Insurance Company Limited
5.13%
HDFC Bank Limited
2.11%
Healthcare
3.91%
Lupin Limited
3.91%
Metals & Mining
10.63%
Jindal Steel & Power Limited
6.26%
Tata Steel Limited
4.37%
Oil Gas & Consumable Fuels
4.49%
Reliance Industries Limited
4.49%
Power
4.95%
Tata Power Company Limited
4.95%
Services
6.01%
Adani Ports and Special Economic Zone Limited
6.01%
Equity Total
66.22%
Mutual Fund Units
25.95%
Mahindra Manulife Liquid Fund -Direct Plan -Growth
25.95%
Cash & Other Receivables
7.83%
Grand Total
100.00%
( Top Ten Holdings - Issuer wise) as on December 31, 2022)
#Mutual Fund units as provided above is towards margin for derivatives positions.

Mahindra Manulife Arbitrage Yojana
CAGR Returns (%)
Value of Investment of Rs. 10,000*
NAV / Index Value
(as on December 30, 2022)
Managed by Mr. Abhinav Khandelwal & Mr. Manish Lodha (Equity); Mr. Rahul Pal (Debt)
1 Year
Since Inception
1 Year
Since Inception
Regular Plan - Growth Option
3.18
2.93
10,317
10,702
10.70
Direct Plan - Growth Option
4.06
3.80
10,404
10,917
10.92
Nifty 50 Arbitrage Index^
4.20
4.02
10,419
10,971
2,088.29
CRISIL 1 Year T-Bill^^
4.12
3.80
10,411
10,915
6,518.86

^Benchmark ^^Additional Benchmark. Inception/Allotment date: 24-Aug-20. Past performance may or may not be sustained in future and should not be used as a basis of comparison with other investments. Since inception returns of the scheme is calculated on face value of Rs. 10 invested at inception. The performance details provided above are of Growth Option under Regular and Direct Plan. Different Plans i.e Regular Plan and Direct Plan under the scheme has different expense structure. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Mr. Abhinav Khandelwal is managing this scheme since April 1, 2022. Mr. Manish Lodha is managing this fund since December 21, 2020. For performance details of other schemes managed by the Fund Manager(s), please click here | Best Viewed in Landscape mode

Mahindra Manulife Arbitrage Yojana
Regular Plan
Direct Plan
Nifty 50 Arbitrage Index TRI^
Crisil 1 Yr T-Bill Index^^
SIP Investment Period
Total Amount Invested
()
Market Value
()
CAGR Returns (%)
Market Value
()
CAGR Returns (%)
Market Value
()
CAGR Returns (%)
Market Value
()
CAGR Returns (%)
1 Year
120,000
122,241
3.50
122,802
4.38
122,870
4.48
123,062
4.79
Since Inception
280,000
290,542
3.10
293,554
3.97
294,225
4.17
293,699
4.02

^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 24-Aug-20. Past performance may or may not be sustained in future and should not be used as a basis of comparison with other investments. Returns greater than 1 year period are compounded annualized. For SIP returns, monthly investment of equal amounts invested on the 1st business day of every month has been considered. CAGR Returns (%) are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return). For SIP Performance please click here | Best Viewed in Landscape mode

MAHINDRA MANULIFE MULTI CAP BADHAT YOJANA

MAHINDRA MANULIFE MULTI CAP BADHAT YOJANA

Product Suitability
This Product is Suitable for investors who are seeking*
  • Income over short term.
  • Income through arbitrage opportunities between cash and derivative market and arbitrage opportunities within the derivative segment.
Scheme Riskometers
Benchmark Riskometers
MAHINDRA MANULIFE MULTI CAP BADHAT YOJANA
MAHINDRA MANULIFE MULTI CAP BADHAT YOJANA
Scheme Benchmark: Nifty 50 Arbitrage Index TRI
* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.