Home>Mutual Funds>Mahindra Mutual Fund>Mahindra Manulife Arbitrage Yojana Direct Dividend
shareSHARE

Mahindra Manulife Arbitrage Yojana Direct Dividend+0.01%

0.00%
1 Year Return
Hybrid
Arbitrage
All

Fund Details

Mahindra Manulife Arbitrage Yojana Direct Dividend

RiskModerately Low
Min SIP AmountNot Supported
Expense Ratio0.33%
NAV₹10.13 (15 Jan 2021)
Fund Started24 Aug 2020
Fund Size55 Cr

Comparison

Data not available
Pros
Found nothing so far.
Cons
Found nothing so far.

Top Holdings

NameSectorInstrument% Assets
Mahindra Manulife Liquid Fund Direct -GrowthFinancialMutual Fund25.6%
Reliance Industries Ltd.EnergyEquity9.9%
Infosys Ltd.TechnologyEquity9.5%
Jindal Steel & Power Ltd.MetalsEquity7.5%
Bharti Airtel Ltd.CommunicationEquity6.3%
ICICI Bank Ltd.FinancialEquity5.8%
Sun Pharmaceutical Inds. Ltd.HealthcareEquity4.8%
Adani Ports and Special Economic Zone Ltd.ServicesEquity4.6%
Housing Development Finance Corpn. Ltd.FinancialEquity4.3%
Vedanta Ltd.MetalsEquity3.5%
See All

Fund Managers

Rahul Pal
keyboard_arrow_down
Fatema Pacha
keyboard_arrow_down
Manish Lodha
keyboard_arrow_down

Mahindra Manulife Arbitrage Yojana Direct Dividend Details

Mahindra Manulife Arbitrage Yojana Direct Dividend is a Hybrid Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was made available to investors on 24 Aug 2020. Rahul Pal is the Current Fund Manager of Mahindra Manulife Arbitrage Yojana Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹55 Cr and the Latest NAV as of 15 Jan 2021 is ₹10.13.

The Mahindra Manulife Arbitrage Yojana Direct Dividend is rated Moderately Low risk. Exit load of 0.25%, if redeemed within 30 days.

Investment Objective

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.

Tax Implications

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Scheme Information Document(SID)

Not Supported
Min for First Investment
Not Supported
Min for Second Investment
Exit load of 0.25%, if redeemed within 30 days.
Exit Load

Compare Funds

Mahindra Manulife Arbitrage Yojana Direct Dividend
VS
search

About Mahindra Mutual Fund

Address
1st Floor, Sadhana House, Behind Mahindra Tower, 570 P. B. Marg, Worli, Mumbai 400018
Phone
022-66327900
Launch Date
04 Feb 2016
Mahindra Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Similar Funds