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Mahindra Manulife Arbitrage Yojana Direct IDCW0.00%

0.00%
1 Year Return
Hybrid
Arbitrage
6M
All

Fund Details

Mahindra Manulife Arbitrage Yojana Direct IDCW

RiskLow
Min SIP AmountNot Supported
Expense Ratio0.31%
NAV₹10.23 (16 Apr 2021)
Fund Started24 Aug 2020
Fund Size30 Cr

Comparison

Data not available
Pros
1. Lower expense ratio - 0.31%
Cons
1. Asset under management(AUM) is less than 200 Crs. Watch expense ratio when AUM is very low
2. Age is less than 3 years

Top Holdings

NameSectorInstrument% Assets
Mahindra Manulife Liquid Fund Direct -GrowthFinancialMutual Fund15.8%
ICICI Bank Ltd.FinancialEquity7.4%
Asian Paints Ltd.ChemicalsEquity7.1%
Jindal Steel & Power Ltd.MetalsEquity6.8%
Maruti Suzuki India Ltd.AutomobileEquity6.4%
Tata Power Co. Ltd.EnergyEquity6.0%
Adani Ports and Special Economic Zone Ltd.ServicesEquity5.8%
Reliance Industries Ltd.EnergyEquity5.6%
Infosys Ltd.TechnologyEquity5.2%
Tata Consultancy Services Ltd.TechnologyEquity4.4%
See All

Fund Managers

Rahul Pal
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Fatema Pacha
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Manish Lodha
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Mahindra Manulife Arbitrage Yojana Direct IDCW Details

Mahindra Manulife Arbitrage Yojana Direct IDCW 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 IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹30 Cr and the Latest NAV as of 16 Apr 2021 is ₹10.23.

The Mahindra Manulife Arbitrage Yojana Direct IDCW is rated 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

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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,
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