Mahindra Manulife Arbitrage Fund Direct Growth
Hybrid
Direct
Arbitrage Fund
NAV: ₹ 11.91 as on 16-04-2024
Fund Performance
3 people have invested ₹ 20.1L in Mahindra Manulife Arbitrage Fund Direct Growth in the last three months
About the Mahindra Manulife Arbitrage Fund Direct Growth
Mahindra Manulife Arbitrage Fund Direct Growth is a hybrid fund. This fund was started on 24 August, 2020. The fund is managed by Manish Lodha, Rahul Pal. This fund gives you the benefit of diversification.
Key Parameters
- Mahindra Manulife Arbitrage Fund Direct Growth has ₹65 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.4.
Mahindra Manulife Arbitrage Fund Direct Growth Overview
 | 0.4% |
 Benchmark | NIFTY 50 Arbitrage TR INR |
 | ₹65 Cr |
 | 24 August, 2020 |
 | ₹1000/₹500 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 786% |
Mahindra Manulife Arbitrage Fund Direct Growth Distribution as on (31-Mar-24)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
93.2%
Government
4.4%
Corporate
2.4%
Top Holdings of Mahindra Manulife Arbitrage Fund Direct Growth as on (31-Mar-24)
Equity Holdings26
Debt Holdings6
Mahindra Manulife Arbitrage Fund Direct Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 65.1 Cr as of Mar'24
- AUM increased by 8.1 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Mahindra Manulife Arbitrage Fund Direct Growth Fund Manager
Manish Lodha
Fund Manager of Mahindra Manulife Arbitrage Fund Direct Growth, since 21 December 2020
Top funds managed
Rahul Pal
Fund Manager of Mahindra Manulife Arbitrage Fund Direct Growth, since 24 August 2020
Top funds managed
Mahindra Manulife Arbitrage Fund Direct Growth Highlights
Low Risk
Investors understand that their principal will be at Low Risk
About the fund
This fund has delivered an average annual returns of 4.89% since inception which is less than its category average return of 5.18%
AUM size ₹65 Cr
This fund has AUM of ₹65 Cr which is less than its category average of ₹ 5953 Cr
Expense Ratio 0.4%
This fund has an expense ratio of 0.4% which is less than its category average expense ratio of 0.71%
Frequently Asked Questions
The current NAV of Mahindra Manulife Arbitrage Fund Direct Growth is ₹11.91 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
Mahindra Manulife Arbitrage Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.71% | 0.71% |
6 Month Returns | 3.49% | 3.49% |
1 Year Returns | 6.97% | 6.97% |
3 Years Returns | 16.32% | 5.17% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.4% as on March 2024
₹65 Cr as on March 2024
Mahindra Manu Liquid Dir Gr(8.09%), Axis Bank Ltd(4.52%), Hindustan Unilever Ltd(4.38%), Hindustan Petroleum Corp Ltd(4.34%), Indus Towers Ltd Ordinary Shares(3.95%) as on March 2024
Cash Equivalent(93.7%), Government(4.41%), Corporate(2.4%) as on March 2024
AAA | 100 |
Manish Lodha, Rahul Pal are the fund managers of Mahindra Manulife Arbitrage Fund Direct Growth
The Exit load of Mahindra Manulife Arbitrage Fund Direct Growth is 0.25%