1M
6M
1Y
3Y
All
| NAV: 12 Dec 2024 | ₹12.41 |
| Min. SIP amount | ₹500 |
| Rating | 2 |
| Fund size | ₹105.24Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Hybrid Arbitrage
Annualised returns
Absolute returns
| 6M | 1Y | 3Y | All | |
|---|---|---|---|---|
| Fund returns | NA | 7.1% | 5.8% | 5.1% |
| Category average | NA | 7.4% | 6.0% | NA |
| Rank with in category | NA | 27 | 24 | NA |
Understand terms
Peer Comparison
| Hybrid, Arbitrage funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Invesco India Arbitrage Fund Direct Growth | 5 | 8.4% | 7.3% | 17,656.72 |
Kotak Equity Arbitrage Fund Direct Growth | 4 | 8.6% | 7.1% | 53,682.68 |
Tata Arbitrage Fund Direct Growth | 5 | 8.4% | 7.0% | 11,671.92 |
Nippon India Arbitrage Fund Direct Growth | 4 | 8.3% | 6.9% | 15,257.72 |
Aditya Birla Sun Life Arbitrage Fund Direct Growth | 4 | 8.4% | 6.9% | 12,502.74 |
Holdings (59)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Reliance Industries Ltd. | Energy | Equity | 8.37% |
Indusind Bank Ltd. | Financial | Equity | 6.78% |
Tata Power Company Ltd. | Energy | Equity | 6.46% |
Mahindra Manulife Liquid Fund Direct -Growth | NA | Mutual Fund | 5.18% |
Larsen & Toubro Ltd. | Construction | Equity | 5.09% |
Axis Bank Ltd. | Financial | Equity | 4.87% |
Reserve Bank of India | Financial | T-Bills | 4.65% |
Hindustan Petroleum Corporation Ltd. | Energy | Equity | 3.20% |
Bharti Airtel Ltd. | Communication | Equity | 2.76% |
Reserve Bank of India | Financial | T-Bills | 2.66% |
Kotak Mahindra Bank Ltd. | Financial | Equity | 2.65% |
NTPC Ltd. | Energy | Equity | 2.51% |
Ultratech Cement Ltd. | Construction | Equity | 2.31% |
Tata Steel Ltd. | Metals & Mining | Equity | 2.31% |
Adani Ports and Special Economic Zone Ltd. | Services | Equity | 2.06% |
Indus Towers Ltd. | Communication | Equity | 2.01% |
Reserve Bank of India | Financial | T-Bills | 1.87% |
Coal India Ltd. | Energy | Equity | 1.81% |
Cholamandalam Investment and Finance Company Ltd. | Financial | Equity | 1.67% |
Oil And Natural Gas Corporation Ltd. | Energy | Equity | 1.67% |
Titan Company Ltd. | Consumer Discretionary | Equity | 1.49% |
Bajaj Finserv Ltd. | Financial | Equity | 1.48% |
ITC Ltd. | Consumer Staples | Equity | 1.43% |
Hindalco Industries Ltd. | Metals & Mining | Equity | 1.29% |
Vedanta Ltd. | Metals & Mining | Equity | 1.27% |
Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 1.17% |
Hindustan Unilever Ltd. | Consumer Staples | Equity | 1.12% |
Infosys Ltd. | Technology | Equity | 1.12% |
Reserve Bank of India | Financial | T-Bills | 0.91% |
Steel Authority Of India Ltd. | Metals & Mining | Equity | 0.84% |
Canara Bank | Financial | Equity | 0.78% |
Wipro Ltd. | Technology | Equity | 0.41% |
Wipro Ltd. | Technology | Futures | -0.41% |
Canara Bank | Financial | Futures | -0.78% |
Steel Authority Of India Ltd. | Metals & Mining | Futures | -0.84% |
Infosys Ltd. | Technology | Futures | -1.12% |
Hindustan Unilever Ltd. | Consumer Staples | Futures | -1.13% |
Sun Pharmaceutical Industries Ltd. | Healthcare | Futures | -1.18% |
Vedanta Ltd. | Metals & Mining | Futures | -1.28% |
Hindalco Industries Ltd. | Metals & Mining | Futures | -1.30% |
ITC Ltd. | Consumer Staples | Futures | -1.44% |
Bajaj Finserv Ltd. | Financial | Futures | -1.49% |
Titan Company Ltd. | Consumer Discretionary | Futures | -1.50% |
Oil And Natural Gas Corporation Ltd. | Energy | Futures | -1.68% |
Cholamandalam Investment and Finance Company Ltd. | Financial | Futures | -1.68% |
Coal India Ltd. | Energy | Futures | -1.81% |
Indus Towers Ltd. | Communication | Futures | -2.02% |
Adani Ports and Special Economic Zone Ltd. | Services | Futures | -2.07% |
Ultratech Cement Ltd. | Construction | Futures | -2.32% |
Tata Steel Ltd. | Metals & Mining | Futures | -2.33% |
NTPC Ltd. | Energy | Futures | -2.52% |
Kotak Mahindra Bank Ltd. | Financial | Futures | -2.67% |
Bharti Airtel Ltd. | Communication | Futures | -2.78% |
Hindustan Petroleum Corporation Ltd. | Energy | Futures | -3.23% |
Axis Bank Ltd. | Financial | Futures | -4.90% |
Larsen & Toubro Ltd. | Construction | Futures | -5.11% |
Tata Power Company Ltd. | Energy | Futures | -6.50% |
Indusind Bank Ltd. | Financial | Futures | -6.82% |
Reliance Industries Ltd. | Energy | Futures | -8.43% |
See All
Pros and cons
Category: Hybrid Arbitrage
Pros
Lower expense ratio: 0.41%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Cons
Consistently lower annualised returns than category average for the past 1Y and 3Y
Low rating: 2
Expense ratio, exit load and tax
Expense ratio: 0.41%
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
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹500 |
Fund management
Manish LodhaDec 2020 - PresentView details
Manish Lodha
Dec 2020 - Present
View details
Education
Mr. Lodha is a Chartered Accountant and Company Secretary
Experience
Prior to joining Mahindra Manulife Mutual Fund, he was associated with Canara HSBC OBC Life Insurance Co Ltd, Kotak Mahindra Mutual Fund. In these roles, he was responsible for Portfolio Management, Equity Research. He has also held various positions in Finance function during his association with BOC India Ltd (Now Linde India Ltd.).
Also manages these schemes
Navin MattaOct 2024 - PresentView details
Navin Matta
Oct 2024 - Present
View details
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.
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
1st Floor, Sadhana House, Behind Mahindra Tower, 570 P. B. Marg, Worli, Mumbai 400018
Phone
022-66327900
Launch Date
04 Feb 2016
E-mail
[email protected]Website
www.mahindramutualfund.com
Mahindra Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]Website
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