Mahindra Manulife Arbitrage Fund- Direct Growth

An open ended scheme investing in arbitrage opportunities

Type : Mutual Fund

Asset Class : Hybrid

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Fund Summary
Min Investment 1000
Min SIP 500
Lock InNo
*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.

Fund Manager : Mr. Abhinav Khandelwal

Total Experience: Combined work experience of over 14 years of which around 10 years have been in the field of managing of funds and equity research.

Experience in managing this fund : Managing since April 1, 2022

Fund Manager (Equity) : Mr. Manish Lodha

Total Experience: Combined work experience of over 22 years of which around 11 years have been in the Mutual Fund Industry, 4 years in Life Insurance Industry in the field of equity research and fund management.

Experience in managing this fund : Managing since December 21, 2020

Fund Manager (Debt) : Mr. Rahul Pal

Total Experience: Collectively over 21 years of work experience in the Fixed Income segment

Experience in managing this fund : Managing since August 24, 2020

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.
  • Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Mahindra Manulife- Scheme Risko Meter Low

Mahindra Manulife Arbitrage Fund

Investors Understands that their principal will be at Low risk

Mahindra Manulife- Benchmark Risko Meter Low

Nifty 50 Arbitrage Index TRI

  • Scheme Overview
  • Scheme Documents and Forms

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.

Benefits/ 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

Please consult your tax advisor before taking any investment decision.

Potential Risk Classification (PRC)
Fund Performance:
Mahindra Manulife Arbitrage Fund CAGR Returns (%) Value of Investment of 10,000* (Rs) NAV / Index Value (as on Jun 28, 2024)
Managed by Mr. Abhinav Khandelwal and Mr. Manish Lodha (Equity) and Mr. Rahul Pal (Debt) 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception
Regular Plan - Growth Option 6.18 4.46 N/A 4.13 10,616 11,397 N/A 11,685 11.6854
Direct Plan - Growth Option 7.03 5.33 N/A 5.00 10,701 11,683 N/A 12,066 12.0656
Nifty 50 Arbitrage TRI^ 8.07 5.91 N/A 5.55 10,805 11,878 N/A 12,308 2342.78
CRISIL 1 Year T-Bill^^ 7.13 5.50 N/A 5.08 10,711 11,741 N/A 12,099 7225.51

^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. Manish Lodha is managing this fund since December 21, 2020. Mr. Abhinav Khandelwal is managing this scheme since April 1, 2022.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.