Mutual Fund

The Mahindra Manulife Arbitrage Fund is a hybrid mutual fund that aims to generate income by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity market, as well as in debt and money market instruments.

Fund Overview:

• Asset Class: Hybrid
• Asset Sub-Class: Arbitrage

Performance Metrics:

• XIRR (Since Inception): 4.37%
• 1-Year Return: 5.87%
• 3-Year Return: 5.23%
• 5-Year Return: Data not available (fund launched on August 24, 2020)
• CAGR (Since Inception): 4.37%

Fund Details:

• Expense Ratio: 1.21%
• Minimum Investment Amount:
  • Lump Sum: ₹1,000
  • SIP: ₹500
• Lock-in Period: None
• Exit Load: 0.25% if redeemed within 30 days

Asset Allocation (as of February 28, 2025):

• Equity: -0.33%
• Debt: 23.33%
• Cash & Cash Equivalents: 77%

Top Holdings:

1. Mahindra Manulife Liquid Fund Direct-G: 5.43%
2. Reserve Bank of India T-Bills 182-D 19/06/2025: 4.74%
3. Reserve Bank of India T-Bills 182-D 06/03/2025: 2.90%
4. Reserve Bank of India T-Bills 364-D 29/05/2025: 2.85%
5. Reserve Bank of India T-Bills 364-D 16/10/2025: 2.78%

Fund Managers:

• Mr. Rahul Pal (Debt): Managing this fund since August 24, 2020
• Mr. Manish Lodha (Equity): Managing this fund since December 21, 2020
• Mr. Navin Matta (Equity): Managing this fund since October 24, 2024

This fund is suitable for investors seeking low-risk arbitrage opportunities with the potential for moderate returns.