June 23, 2025
mayank
Mahindra Manulife Arbitrage Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 12.8332
NAV IDCW: Rs 12.8333
Suitable For Which Investors?
“Arbitrage funds invest in equity shares and derivatives, and earn their returns through the price differential between a stock and its futures. You can expect to earn better returns than what you would get from a bank account.
They are usually suitable to park your money for a period ranging between three months to a year. However, we believe that liquid funds, which have a similar risk-return payoff, are a better alternative for most investors for such a time frame. Arbitrage funds may have some appeal for those who are in the highest tax bracket, given the preferential tax treatment of these funds.
The risk of incurring a loss in these funds over the said time frame is low but they do not guarantee returns or safety of capital.
Remember, these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is to build wealth in the long run.”
Fund’s Investment Strategy:
The scheme seeks 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.
Fund Manager:
1) Mitul Doshi
Education: Diploma in Electronics & Communication
Experience: Prior to joining Mahindra Manulife AMC, he was associated with Edelweiss AMC, Way2wealth Brokers Pvt ltd.
2) Navin Matta
Education: PGDBA
Experience: Prior to Joining the Mahindra Manulife Investment Management Pvt Ltd. He has worked with BOB Capita, SAFE Enterprises,Bajaj Allianz Life Insurance, HDFC Securities and Daiwa Capital.
3) Rahul Pal
Education: Mr. Pal is a B.Com (H) and Chartered Accountant.
Experience: Prior to joining Mahindra Manulife Mutual Fund, he has worked with Taurus AMC, Sundaram Mutual Fund and IDBI Mutual Fund.
Investment Details
| Min. Investment (Rs) | 1,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0.25% for redemption within 30 days |
Basic Details of Mahindra Manulife Arbitrage Fund
| Fund House | Mahindra Manulife Mutual Fund |
| Launch Date | 24-Aug-20 |
| Return Since Launch | 5.31% |
| Benchmark | NIFTY 50 Arbitrage TRI |
| Riskometer | Low |
| Type | Open-ended |
| Assets | Rs 97 Cr |
| (As on 31-May-2025) | |
| Expense | 0.42% |
| (As on 31-May-2025) | |
| Risk Grade | Above Average |
| Return Grade | Low |
| Turnover | 854.00% |
Trailing Returns (%) of Mahindra Manulife Arbitrage Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Mahindra Manulife Arbitrage Dir | 3.04 | 0.09 | 0.71 | 1.64 | 3.15 | 6.43 | 6.33 | — | — | — |
| CCIL T Bill Liquidity Weight | 2.71 | 0.03 | 0.56 | 1.63 | 2.78 | 5.29 | 4.56 | — | — | — |
| Hybrid: Arbitrage | 3.52 | 0.06 | 0.74 | 1.91 | 3.67 | 7.49 | 7.36 | — | — | — |
| Rank within category | 30.00 | 2.00 | 25.00 | 30.00 | 29.00 | 27.00 | 24.00 | — | — | — |
| Number of funds in category | 31 | 32 | 32 | 31 | 30 | 27 | 24 | 23 | 18 | 14 |
Peer Comparison of Mahindra Manulife Arbitrage Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Mahindra Manulife Arbitrage Dir | 2 star | 6.43 | 6.33 | — | 0.42 | 97 | 5.31 | 0.25 (30) | 4Y 9M | 854.00 |
| Kotak Equity Arbitrage Dir | 4 star | 7.78 | 7.71 | 6.37 | 0.44 | 67,362 | 7.12 | 0.25 (30) | 12Y 5M | 1971.06 |
| Invesco India Arbitrage Dir | 5 star | 7.73 | 7.77 | 6.40 | 0.39 | 22,341 | 6.97 | 0.50 (15) | 12Y 5M | 1712.00 |
| ABSL Arbitrage Dir | 4 star | 7.80 | 7.58 | 6.21 | 0.31 | 18,204 | 7.01 | 0.25 (15) | 12Y 5M | 1161.00 |
| Edelweiss Arbitrage Dir | 4 star | 7.76 | 7.64 | 6.32 | 0.38 | 15,137 | 6.88 | 0.25 (15) | 10Y 11M | 314.00 |
Portfolio Analysis of Mahindra Manulife Arbitrage Fund
| No. of Stocks | 22 |
| Top 10 Holdings | 57.29% |
| Top 5 Stocks | 34.93% |
| Top 3 Sectors | 0.04% |
| Portfolio P/B Ratio | 2.77 |
| Portfolio P/E Ratio | 19.71 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 3,54,186 | 2,29,834 |
| Giant (%) | 75.88 | 55.73 |
| Large (%) | 24.12 | 27.06 |
| Mid (%) | — | 17.93 |
| Small (%) | — | 0.59 |
| Tiny (%) | — | — |
| Fund | Category | |
| Number of Securities | 48 | 258 |
| Macaulay Duration (yrs) | 0.10 | 0.48 |
| Average Maturity (yrs) | 0.10 | 0.56 |
| Yield to Maturity (%) | 5.76 | 6.31 |
| Avg Credit Rating | GOI/Cash | — |
Chanakya’s Mutual Fund Guidance For Mahindra Manulife Arbitrage Fund
WILL Post Soon
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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