How to Invest in Mahindra Manulife Arbitrage Fund Direct Growth?

You can easily invest in Mahindra Manulife Arbitrage Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Mahindra Manulife Arbitrage Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Mahindra Manulife Arbitrage Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Mahindra Manulife Arbitrage Fund Direct Growth provide?

The Mahindra Manulife Arbitrage Fund Direct Growth has been there from 24 Aug 2020 and the average annual returns provided by this fund is 6.75% since its inception.

How much expense ratio is charged by Mahindra Manulife Arbitrage Fund Direct Growth?

The term Expense Ratio used for Mahindra Manulife Arbitrage Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Mahindra Manulife Arbitrage Fund Direct Growth is 0.38% as of 04 Dec 2023...

What is the AUM of Mahindra Manulife Arbitrage Fund Direct Growth?

The AUM, short for Assets Under Management of Mahindra Manulife Arbitrage Fund Direct Growth is ₹29.99Cr as of 04 Dec 2023.

How to Redeem Mahindra Manulife Arbitrage Fund Direct Growth?

If you want to sell your Mahindra Manulife Arbitrage Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Mahindra Manulife Arbitrage Fund Direct Growth?

You can select either SIP or Lumpsum investment of Mahindra Manulife Arbitrage Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of Mahindra Manulife Arbitrage Fund Direct Growth?

The NAV of Mahindra Manulife Arbitrage Fund Direct Growth is ₹11.58 as of 01 Dec 2023.

What is the PE and PB ratio of Mahindra Manulife Arbitrage Fund Direct Growth?

The PE ratio ratio of Mahindra Manulife Arbitrage Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Mahindra Manulife Arbitrage Fund Direct Growth - NAV, Mutual Fund Performance & Portfolio

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Mahindra Manulife Arbitrage Fund Direct Growth
Hybrid
Arbitrage
Low Risk
4.70%
3Y annualised
0.00% 1D
1M
6M
1Y
3Y
All
 NAV: 01 Dec 2023₹11.58
Min. SIP amount₹500
Rating2
Fund size₹29.99Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Hybrid Arbitrage
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA6.8%4.7%4.6%
Category averageNA7.1%4.7%NA
Rank with in categoryNA2522NA
Understand terms
Holdings (15)NameSectorInstrumentAssets
Mahindra Manulife Liquid Fund Direct -Growth
NAMutual Fund17.0%
Hindustan Unilever Ltd.
Consumer StaplesEquity7.5%
Axis Bank Ltd.
FinancialEquity6.3%
HDFC Bank Ltd.
FinancialEquity5.7%
HDFC Life Insurance Co Ltd.
InsuranceEquity5.7%
State Bank of India
FinancialEquity5.4%
Titan Company Ltd.
Consumer DiscretionaryEquity5.2%
ICICI Bank Ltd.
FinancialEquity5.1%
Indus Towers Ltd.
CommunicationEquity5.1%
Hindustan Petroleum Corporation Ltd.
EnergyEquity4.9%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Hybrid Arbitrage
Pros
Cons
Lower expense ratio: 0.38%
Consistently lower annualised returns than category average for the past 1Y and 3Y
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Low rating: 2
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
24 Nov 2023 - Present
0.38%
23 Nov 2023 - 24 Nov 2023
0.38%
22 Nov 2023 - 23 Nov 2023
0.38%
21 Nov 2023 - 22 Nov 2023
0.38%
20 Nov 2023 - 21 Nov 2023
0.38%
19 Nov 2023 - 20 Nov 2023
0.38%
18 Nov 2023 - 19 Nov 2023
0.38%
17 Nov 2023 - 18 Nov 2023
0.38%
16 Nov 2023 - 17 Nov 2023
0.38%
15 Nov 2023 - 16 Nov 2023
0.38%
14 Nov 2023 - 15 Nov 2023
0.38%
13 Nov 2023 - 14 Nov 2023
0.38%
12 Nov 2023 - 13 Nov 2023
0.38%
11 Nov 2023 - 12 Nov 2023
0.38%
10 Nov 2023 - 11 Nov 2023
0.38%
09 Nov 2023 - 10 Nov 2023
0.38%
08 Nov 2023 - 09 Nov 2023
0.38%
07 Nov 2023 - 08 Nov 2023
0.38%
06 Nov 2023 - 07 Nov 2023
0.38%
05 Nov 2023 - 06 Nov 2023
0.38%
04 Nov 2023 - 05 Nov 2023
0.38%
03 Nov 2023 - 04 Nov 2023
0.38%
02 Nov 2023 - 03 Nov 2023
0.38%
01 Nov 2023 - 02 Nov 2023
0.38%
31 Oct 2023 - 01 Nov 2023
0.36%
30 Oct 2023 - 31 Oct 2023
0.36%
29 Oct 2023 - 30 Oct 2023
0.36%
28 Oct 2023 - 29 Oct 2023
0.36%
27 Oct 2023 - 28 Oct 2023
0.35%
26 Oct 2023 - 27 Oct 2023
0.35%
25 Oct 2023 - 26 Oct 2023
0.35%
24 Oct 2023 - 25 Oct 2023
0.35%
23 Oct 2023 - 24 Oct 2023
0.35%
22 Oct 2023 - 23 Oct 2023
0.35%
21 Oct 2023 - 22 Oct 2023
0.35%
20 Oct 2023 - 21 Oct 2023
0.35%
19 Oct 2023 - 20 Oct 2023
0.35%
18 Oct 2023 - 19 Oct 2023
0.35%
17 Oct 2023 - 18 Oct 2023
0.35%
16 Oct 2023 - 17 Oct 2023
0.35%
15 Oct 2023 - 16 Oct 2023
0.35%
14 Oct 2023 - 15 Oct 2023
0.35%
13 Oct 2023 - 14 Oct 2023
0.36%
12 Oct 2023 - 13 Oct 2023
0.36%
11 Oct 2023 - 12 Oct 2023
0.36%
10 Oct 2023 - 11 Oct 2023
0.36%
09 Oct 2023 - 10 Oct 2023
0.36%
08 Oct 2023 - 09 Oct 2023
0.36%
07 Oct 2023 - 08 Oct 2023
0.36%
06 Oct 2023 - 07 Oct 2023
0.36%
05 Oct 2023 - 06 Oct 2023
0.36%
04 Oct 2023 - 05 Oct 2023
0.36%
03 Oct 2023 - 04 Oct 2023
0.36%
02 Oct 2023 - 03 Oct 2023
0.36%
01 Oct 2023 - 02 Oct 2023
0.36%
30 Sep 2023 - 01 Oct 2023
0.36%
29 Sep 2023 - 30 Sep 2023
0.36%
28 Sep 2023 - 29 Sep 2023
0.36%
27 Sep 2023 - 28 Sep 2023
0.36%
26 Sep 2023 - 27 Sep 2023
0.36%
25 Sep 2023 - 26 Sep 2023
0.36%
24 Sep 2023 - 25 Sep 2023
0.36%
23 Sep 2023 - 24 Sep 2023
0.36%
22 Sep 2023 - 23 Sep 2023
0.36%
21 Sep 2023 - 22 Sep 2023
0.36%
20 Sep 2023 - 21 Sep 2023
0.36%
19 Sep 2023 - 20 Sep 2023
0.36%
18 Sep 2023 - 19 Sep 2023
0.36%
17 Sep 2023 - 18 Sep 2023
0.36%
16 Sep 2023 - 17 Sep 2023
0.36%
15 Sep 2023 - 16 Sep 2023
0.36%
14 Sep 2023 - 15 Sep 2023
0.36%
13 Sep 2023 - 14 Sep 2023
0.36%
12 Sep 2023 - 13 Sep 2023
0.36%
11 Sep 2023 - 12 Sep 2023
0.37%
10 Sep 2023 - 11 Sep 2023
0.37%
09 Sep 2023 - 10 Sep 2023
0.37%
08 Sep 2023 - 09 Sep 2023
0.37%
07 Sep 2023 - 08 Sep 2023
0.37%
06 Sep 2023 - 07 Sep 2023
0.37%
05 Sep 2023 - 06 Sep 2023
0.37%
04 Sep 2023 - 05 Sep 2023
0.37%
03 Sep 2023 - 04 Sep 2023
0.37%
02 Sep 2023 - 03 Sep 2023
0.37%
01 Sep 2023 - 02 Sep 2023
0.37%
31 Aug 2023 - 01 Sep 2023
0.37%
31 Jul 2023 - 31 Aug 2023
0.35%
30 Jun 2023 - 31 Jul 2023
0.35%
31 May 2023 - 30 Jun 2023
0.35%
30 Apr 2023 - 31 May 2023
0.36%
31 Mar 2023 - 30 Apr 2023
0.31%
28 Feb 2023 - 31 Mar 2023
0.31%
31 Jan 2023 - 28 Feb 2023
0.31%
31 Dec 2022 - 31 Jan 2023
0.31%
31 Dec 2022 - 31 Dec 2022
0.31%
31 Dec 2022 - 31 Dec 2022
0.31%
30 Nov 2022 - 31 Dec 2022
0.31%
30 Nov 2022 - 30 Nov 2022
0.31%
30 Nov 2022 - 30 Nov 2022
0.31%
31 Oct 2022 - 30 Nov 2022
0.31%
31 Oct 2022 - 31 Oct 2022
0.31%
31 Oct 2022 - 31 Oct 2022
0.31%
31 Oct 2022 - 31 Oct 2022
0.31%
30 Sep 2022 - 31 Oct 2022
0.31%
30 Sep 2022 - 30 Sep 2022
0.31%
30 Sep 2022 - 30 Sep 2022
0.31%
31 Aug 2022 - 30 Sep 2022
0.31%
31 Aug 2022 - 31 Aug 2022
0.31%
31 Jul 2022 - 31 Aug 2022
0.31%
31 Jul 2022 - 31 Jul 2022
0.31%
30 Jun 2022 - 31 Jul 2022
0.31%
30 Jun 2022 - 30 Jun 2022
0.31%
31 May 2022 - 30 Jun 2022
0.31%
31 May 2022 - 31 May 2022
0.31%
30 Apr 2022 - 31 May 2022
0.31%
30 Apr 2022 - 30 Apr 2022
0.31%
31 Mar 2022 - 30 Apr 2022
0.34%
31 Mar 2022 - 31 Mar 2022
0.34%
28 Feb 2022 - 31 Mar 2022
0.36%
28 Feb 2022 - 28 Feb 2022
0.36%
31 Jan 2022 - 28 Feb 2022
0.36%
31 Dec 2021 - 31 Jan 2022
0.32%
30 Nov 2021 - 31 Dec 2021
0.32%
31 Oct 2021 - 30 Nov 2021
0.31%
30 Sep 2021 - 31 Oct 2021
0.31%
31 Aug 2021 - 30 Sep 2021
0.31%
31 Jul 2021 - 31 Aug 2021
0.31%
30 Jun 2021 - 31 Jul 2021
0.31%
31 May 2021 - 30 Jun 2021
0.31%
30 Apr 2021 - 31 May 2021
0.31%
31 Mar 2021 - 30 Apr 2021
0.31%
28 Feb 2021 - 31 Mar 2021
0.31%
31 Jan 2021 - 28 Feb 2021
0.33%
31 Dec 2020 - 31 Jan 2021
0.33%
30 Nov 2020 - 31 Dec 2020
0.29%
31 Oct 2020 - 30 Nov 2020
0.34%
30 Sep 2020 - 31 Oct 2020
0.34%
31 Aug 2020 - 30 Sep 2020
0.34%
Expense ratio, exit load and taxExpense ratio: 0.38%Inclusive of GST
Exit loadExit load of 0.25%, if redeemed within 30 days.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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 terms
Check past data
Minimum investment amountsMin. for 1st investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500
Fund managementRahul Pal
Aug 2020 - Present
View details
Education
Mr. Pal is a B.Com (H) and Chartered Accountant.
Experience
Prior to joining Mahindra Manulife Mutual Fund, he has worked with Taurus AMC, Sundaram Mutual Fund and IDBI Mutual Fund.
Also manages these schemes
Mahindra Manulife Liquid Fund Direct Growth
Mahindra Manulife Equity Savings Fund Direct Growth
Mahindra Manulife Low Duration Fund Direct Growth
Mahindra Manulife Dynamic Bond Fund Direct Growth
Mahindra Manulife Aggressive Hybrid Fund Direct Growth
Mahindra Manulife Overnight Fund Direct Growth
Mahindra Manulife Ultra Short Duration Fund Direct Growth
Mahindra Manulife Arbitrage Fund Direct Growth
Mahindra Manulife Short Duration Fund Direct Growth
Mahindra Manulife Balanced Advantage Fund Direct Growth
Abhinav Khandelwal
Apr 2022 - Present
View details
Education
Mr. Khandelwal is Chartered Accountant
Experience
Prior to joining Canara Robeco Mutual Fund he has worked with Aegon life Insurance Company as Fund Manager, Asian Market Securities as Equity Analyst and Systematix Shares & Stocks as Equity Analyst.
Also manages these schemes
Mahindra Manulife Mid Cap Fund Direct Growth
Mahindra Manulife Consumption Fund Direct Growth
Mahindra Manulife Large Cap Fund Direct Growth
Mahindra Manulife Large & Mid Cap Fund Direct Growth
Mahindra Manulife Arbitrage Fund Direct Growth
Mahindra Manulife Small Cap Fund Direct Growth
Manish Lodha
Dec 2020 - Present
View details
Education
Mr. Lodha is a Chartered Accountant and Company Secretary
Experience
Prior to joining MMIMPL, 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
Mahindra Manulife ELSS Tax Saver Fund Direct Growth
Mahindra Manulife Equity Savings Fund Direct Growth
Mahindra Manulife Multi Cap Fund Direct Growth
Mahindra Manulife Mid Cap Fund Direct Growth
Mahindra Manulife Aggressive Hybrid Fund Direct Growth
Mahindra Manulife Large & Mid Cap Fund Direct Growth
Mahindra Manulife Arbitrage Fund Direct Growth
Mahindra Manulife Flexi Cap Fund Direct Growth
Mahindra Manulife Balanced Advantage Fund Direct Growth
Mahindra Manulife Small Cap Fund Direct Growth
Fund house & investment objective
Mahindra Mutual Fund
Rank (total assets)#28 in India
Total AUM₹4,742.00Cr
Date of Incorporation04 Feb 2016
 Mahindra Manulife Arbitrage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was made available to investors on 04 Feb 2016. Rahul Pal is the Current Fund Manager of Mahindra Manulife Arbitrage Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,742 Cr and the Latest NAV as of 01 Dec 2023 is ₹11.58.
The Mahindra Manulife Arbitrage Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹1,000. Exit load of 0.25%, if redeemed within 30 days.
;
Investment ObjectiveThe 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.
;
Fund benchmarkNIFTY 50 Arbitrage Total Return Index
Scheme Information Document(SID)
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
www.camsonline.com
Compare funds
Mahindra Manulife Arbitrage Fund Direct Growth
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Add mutual fund to compare

	6M	1Y	3Y	All
Fund returns	NA	6.8%	4.7%	4.6%
Category average	NA	7.1%	4.7%	NA
Rank with in category	NA	25	22	NA

Name	Sector	Instrument	Assets
Mahindra Manulife Liquid Fund Direct -Growth	NA	Mutual Fund	17.0%
Hindustan Unilever Ltd.	Consumer Staples	Equity	7.5%
Axis Bank Ltd.	Financial	Equity	6.3%
HDFC Bank Ltd.	Financial	Equity	5.7%
HDFC Life Insurance Co Ltd.	Insurance	Equity	5.7%
State Bank of India	Financial	Equity	5.4%
Titan Company Ltd.	Consumer Discretionary	Equity	5.2%
ICICI Bank Ltd.	Financial	Equity	5.1%
Indus Towers Ltd.	Communication	Equity	5.1%
Hindustan Petroleum Corporation Ltd.	Energy	Equity	4.9%

Rank (total assets)	#28 in India
Total AUM	₹4,742.00Cr

Date of Incorporation	04 Feb 2016

Fund benchmark	NIFTY 50 Arbitrage Total Return Index

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Min. for 1st investment	₹1,000
Min. for 2nd investment onwards	₹1,000

Rating	2
Fund size	₹29.99Cr

Mahindra Manulife Arbitrage Fund Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (15)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.38%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Rahul PalAug 2020 - PresentView details

Abhinav KhandelwalApr 2022 - PresentView details

Manish LodhaDec 2020 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Rahul Pal
Aug 2020 - Present
View details

Abhinav Khandelwal
Apr 2022 - Present
View details

Manish Lodha
Dec 2020 - Present
View details