
Mahindra Manulife Arbitrage Fund Direct Growth
Mahindra Manulife Arbitrage Fund Direct Growth
as on 09 Nov 2026
Mahindra Manulife Arbitrage Fund Direct Growth is a Hybrid mutual fund scheme launched on 24 Aug 2020. The current NAV stands at ₹13.9152 as of 09 Nov 2026. From the funds total AUM, its top holdings include Net Receivables / (Payables) at 74.27%, Future on BANK Index at 23.05%, Mahindra Manu Low Duration Dir Gr at 13.93%, Mahindra Manu Liquid Dir Gr at 7.57%, HDFC Bank at 6.93%
Scheme Overview
- Inception Date : 24 Aug 2020
- AUM : ₹137.56 Cr
- 5Y Returns (CAGR) : 5.92%
- Expense Ratio : 1.17%
- Min. SIP : ₹500
- Min. Lumpsum : ₹1,000
Returns Calculator
basis annualised returns
Investment Type
SIP Amount
Investment Period
5Y
₹ 32.73 L
3.50%
₹ 36.98 L
8.00%
₹ 34.99 L
5.92%
Total Investment
₹ 30,00,000
Returns
₹ 4,98,513 (5.92%)
Maturity Value
₹ 34,98,513
Disclaimer: Fixed deposits offer guaranteed returns. Mutual fund investments carry market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns.
Direct vs Regular Returns
Sorry, No Data Available at this Moment!
Returns vs Category
Sorry, No Data Available at this Moment!
*The above returns are absolute
Returns Vs Nifty 50
Historical Returns
Sorry, No Data Available at this Moment!
Start SIP with as Low as ₹100.
Historical NAV
Sorry, No Data Available at this Moment!
Asset Allocation
AUM
₹ 137.56 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Asset Allocation
AUM
₹137.56 Cr
Cash Holding
-
Equity
-
Cash
-
Debt
-
Other
-
Sector Holdings
as of 31 May 2026
| Sectors | Allocation | Weightage | Value (in Cr.) |
|---|---|---|---|
| Other | 31.64% | ||
| Financial Services | 26.92% | ||
| Basic Materials | 9.39% | ||
| Consumer Cyclical | 7.27% | ||
| Communication Services | 7.05% | ||
| Industrials | 6.21% | ||
| Utilities | 5.44% | ||
| Energy | 3.00% | ||
| Healthcare | 1.82% | ||
| Consumer Defensive | 1.25% |
Stock Holdings
as of 31 May 2026
| Name | Allocation | Weightage |
|---|---|---|
![]() N Net Receivables / (Payables) | 74.27% | |
![]() F Future on BANK Index | 23.05% | |
![]() M Mahindra Manu Low Duration Dir Gr | 13.93% | |
![]() M Mahindra Manu Liquid Dir Gr | 7.57% | |
![]() H HDFC Bank | 6.93% | |
![]() I ICICI Bank | 6.46% | |
![]() H Hindalco Industries Limited June 2026 Future | 5.80% | |
![]() H Hindalco Industries | 5.73% | |
![]() T Tata Power Company Limited June 2026 Future | 5.46% | |
![]() T Tata Power | 5.44% | |
![]() I Indus Towers Limited June 2026 Future | 5.01% | |
![]() I Indus Towers | 4.97% | |
![]() T Triparty Repo | 4.65% | |
![]() A Axis Bank | 4.25% | |
![]() M Maruti Suzuki India Limited June 2026 Future | 3.67% | |
![]() M Maruti Suzuki | 3.63% | |
![]() T Tata Steel | 3.59% | |
![]() T Tata Steel Limited June 2026 Future | 3.56% | |
![]() I Interglobe Aviation Limited June 2026 Future | 3.53% | |
![]() T Titan Company Limited June 2026 Future | 3.50% | |
![]() I Interglobe Aviation | 3.49% | |
![]() T Titan | 3.47% | |
![]() R Reliance Industries Limited June 2026 Future | 3.02% | |
![]() R Reliance Industries | 3.00% | |
![]() C Canara Bank | 2.48% | |
![]() K Kotak Bank | 2.28% | |
![]() B Bharti Airtel Limited June 2026 Future | 2.10% | |
![]() B Bharti Airtel | 2.08% | |
![]() B Bajaj Finserv Limited June 2026 Future | 2.05% | |
![]() B Bajaj Finserv | 2.03% | |
![]() J Jio Financial Services Limited June 2026 Future | 2.01% | |
![]() J Jio Financial Services | 1.99% | |
![]() S Sun Pharmaceutical Industries Limited June 2026 Future | 1.84% | |
![]() S Sun Pharmaceutical | 1.82% | |
![]() F Future on ITC | 1.26% | |
![]() I ITC | 1.25% | |
![]() L Larsen & Toubro Limited June 2026 Future | 1.01% | |
![]() L Larsen & Toubro | 1.00% | |
![]() B Bharat Electronics Limited June 2026 Future | 0.93% | |
![]() B Bharat Electronics | 0.92% | |
![]() H Hindustan Aeronautics Limited June 2026 Future | 0.81% | |
![]() H Hindustan Aeronautics | 0.80% | |
![]() I IDFC First Bank | 0.49% | |
![]() T The Indian Hotels Company Limited June 2026 Future | 0.16% | |
![]() I Indian Hotels Company | 0.16% | |
![]() M Margin Placed With Ccil & Arcl | 0.08% | |
![]() J Jsw Steel Limited June 2026 Future | 0.07% | |
![]() J JSW Steel | 0.07% | |
![]() B Bajaj Finance | 0.00% |
Fund Comparison
Fund Details
52W High NAV
₹ 13.9246
Min. SIP Amount
₹ 500.00
Min. Lumpsum Amount
₹ 1,000.00
AUM (in Cr.)
₹ 137.56
Expense Ratio
1.17%
Lock-in Period
No Lock in Period
52W Low NAV
₹ 13.1016
Inception Date
24 Aug 2020
Fund Age
6 Yrs
Benchmark
Nifty 50 Arbitrage TRI
Scheme Type
Open Ended
Stamp Duty
0.005% (from July 1st 2020)
Exit Load
- Exit load of 0.25%, if redeemed within 30 days.
Tax Implication
- If you redeem within 1 year, STCG are taxed at 20%; If you redeem after 1 year, and returns exceed ₹1.25 Lakhs in a financial year, LTCG are taxed at 12.5%
Fund Managers
| Name | Qualification |
|---|---|
| Rahul Pal | B.com., CA |
| Navin Matta | PGDBA |
| Mitul Doshi | Diploma in Electronics & Communication |
Fund Objective
The investment objective of the Scheme is 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. However, there can be no assurance that the investment objective of the Scheme will be achieved.
Risk-O-Meter
Investors understand that their principal will be at
Low Risk
Risk Scale
Low
Moderately Low
Moderate
Moderately High
High
Very High
AMC Information
Mahindra Manulife Mutual Fund
No. of Schemes
26
Total AUM
₹ 37,737.76 Cr
Contact Details
No. 204, 2nd Floor, Amiti Building,Piramal Agastya Corporate ParkLBS Road, Kurla(w), Mumbai 400070
Contact Details
No. 204, 2nd Floor, Amiti Building,Piramal Agastya Corporate ParkLBS Road, Kurla(w), Mumbai 400070
FAQs
When was Mahindra Manulife Arbitrage Fund launched?
What is the current NAV of Mahindra Manulife Arbitrage Fund?
What is the AUM of Mahindra Manulife Arbitrage Fund?
What is the rate of return of Mahindra Manulife Arbitrage Fund?
- In the past 1Y: 6.31%
- In the past 3Y: 6.47%
- In the past 5Y: 5.92%
What is the expense ratio of Mahindra Manulife Arbitrage Fund?
What is exit load of Mahindra Manulife Arbitrage Fund?
What is the portfolio of Mahindra Manulife Arbitrage Fund?
- HDFC Bank: 6.93%
- ICICI Bank: 6.46%
- Hindalco Industries: 5.73%
- Tata Power: 5.44%
- Indus Towers: 4.97%
Top 3 sectoral holdings include:
- Others: 169.35%
- Financial Services: 26.92%
- Basic Materials: 9.39%
How risky is investing in Mahindra Manulife Arbitrage Fund?
Who is the fund manager Mahindra Manulife Arbitrage Fund?
What is the minimum investment required in Mahindra Manulife Arbitrage Fund?
How to invest in Mahindra Manulife Arbitrage Fund directly?
- Open Demat Account on Dhan if you don't have one.
- Analyze the fund performance.
- Invest via SIP or Lumpsum.

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