Mahindra Manulife Arbitrage Yojana

An open ended scheme investing in arbitrage opportunities

Type : Mutual Fund

Asset Class : Hybrid

Invest Now

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. V. Balasubramanian

Total Experience: Collectively over 38 years of work experience of which around 20 years have been in the Mutual Fund Industry and 8 years in Treasury function of nationalised bank

Experience in managing this fund : Managing since October 16, 2020

Fund Manager : Mr. Rahul Pal

Total Experience: Collectively over 18 years of work experience in the Fixed Income segment

Fund Manager : Mr. Manish Lodha

Total Experience: Combined work experience of over 20 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

Riskometer Riskometer

This Product is Suitable for investors who are seeking*

  • Regular 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.
  • 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.

Fund Performance:
Mahindra Manulife Arbitrage Yojana CAGR Returns (%) Value of Investment of 10,000* (Rs) NAV / Index Value (as on Aug 31, 2021)
Managed by Mr. V. Balasubramanian and Mr. Rahul Pal and Mr. Manish Lodha 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception
Mahindra Manulife Arbitrage Yojana - Reg - Growth 2.97 N/A N/A 2.99 10296.8595 N/A N/A 10305.2 10.3052
Mahindra Manulife Arbitrage Yojana - Dir - Growth 3.84 N/A N/A 3.87 10384.4156 N/A N/A 10394.8 10.3948
Nifty 50 Arbitrage Index^ 4.18 N/A N/A 4.21 10417.5369 N/A N/A 10429.5771 1985.27
Crisil 1 Yr T-Bill Index^^ 3.92 N/A N/A 3.85 10391.9005 N/A N/A 10392.7705 6206.76

^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. 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. Mr V. Balasubramanian is managing this fund since August 24, 2020 and he manages 5 schemes of Mahindra Manulife Mutual Fund. Mr. Manish Lodha is managing this fund since December 21, 2020 and he manages 9 schemes of Mahindra Manulife Mutual Fund. Mr Rahul Pal is managing this fund since August 24, 2020 and he manages 9 schemes of Mahindra Manulife Mutual Fund. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period.

For performance of other schemes managed by Mr. V. Balasubramanian click here

For performance of other schemes managed by Mr. Rahul Pal click here

For performance of other schemes managed by Mr. Manish Lodha click here

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