Mahindra Manulife Arbitrage Fund- Regular Reinvestment

An open ended scheme investing in arbitrage opportunities

Dividend at the discretion of the Trustees, subject to availability of distributable surplus.

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 (Equity) : Mr. Navin Matta

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 October 24, 2024

Fund Manager (Equity) : Mr. Manish Lodha

Total Experience: Combined work experience of over 23 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 22 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.

Scheme Riskometer

Mahindra Manulife- Scheme Risko Meter Low

Mahindra Manulife Arbitrage Fund

Benchmark Riskometer

As per AMFI Tier I Benchmark i.e. Nifty 50 Arbitrage TRI

Mahindra Manulife- Benchmark Risko Meter Low

**Investor 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.

Potential Risk Classification (PRC)
Fund Performance:
Mahindra Manulife Arbitrage Fund CAGR Returns (%) Value of Investment of 10,000* (Rs) NAV / Index Value (as on Oct 31, 2024)
Managed by Mr. Navin Matta (Equity) 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 5.96 4.79 N/A 4.24 10,597 11,512 N/A 11,898 11.8977
Direct Plan - Growth Option 6.80 5.65 N/A 5.10 10,682 11,799 N/A 12,317 12.3173
Nifty 50 Arbitrage TRI^ 7.16 6.24 N/A 5.58 10,718 11,998 N/A 12,552 2389.32
CRISIL 1 Year T-Bill^^ 7.54 5.97 N/A 5.29 10,756 11,904 N/A 12,409 7410.9134

^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. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Mr. Navin Matta is managing this scheme since October 24, 2024. Mr. Manish Lodha is managing this fund since December 21, 2020. Mr. Rahul Pal is managing the scheme since August 24, 2020.

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