Home>Mutual Funds>Mahindra Mutual Fund>Mahindra Manulife Arbitrage Yojana Direct IDCW

Mahindra Manulife Arbitrage Yojana Direct IDCW

Hybrid
Arbitrage
Low Risk
1M
6M
All
NAV: 30 Jul 2021₹10.36
Min. SIP AmountNA
RatingNA
Fund Size₹29.81 Cr

Holdings (18)

NameSectorInstrumentAssets
Mahindra Manulife Liquid Fund Direct -Growth
FinancialMutual Fund16.1%
Tata Power Company Ltd.EnergyEquity7.2%
Maruti Suzuki India Ltd.AutomobileEquity7.1%
ICICI Bank Ltd.FinancialEquity7.0%
Asian Paints Ltd.ChemicalsEquity6.9%
Infosys Ltd.TechnologyEquity6.0%
Reliance Industries Ltd.EnergyEquity6.0%
Adani Ports and Special Economic Zone Ltd.ServicesEquity5.9%
Jindal Steel & Power Ltd.MetalsEquity4.0%
Lupin Ltd.HealthcareEquity3.9%
See All

Pros and cons

Category: Hybrid Arbitrage

Pros

  • Lower expense ratio - 0.31%

Cons

  • Asset under management(AUM) is less than 200 Crs. Watch expense ratio when AUM is very low
  • Age is less than 3 years

Expense ratio, exit load and tax

Expense ratio: 0.31%

Inclusive of GST

Exit load

Exit load of 0.25%, if redeemed within 30 days.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand termsinfo

Fund management

Rahul Pal
Aug 2020 - Present
View Details
keyboard_arrow_down
Fatema Pacha
Oct 2020 - Present
View Details
keyboard_arrow_down
Manish Lodha
Dec 2020 - Present
View Details
keyboard_arrow_down

Fund house & investment objective

keyboard_arrow_down

Fund house contact details

keyboard_arrow_down

Compare funds

Mahindra Manulife Arbitrage Yojana Direct IDCW
VS
Add mutual fund to compare
Loading...
ⓒ 2016-2021 Groww. All rights reserved, Built with in India