MA
Mahindra Manulife Arbitrage Fund Direct Growth
Latest NAV
+6.25% 1Y
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Benchmark: Nifty 50 Arbitrage TRI
Expense ratio
1.16%
AUM
₹134 Cr
Min SIP
₹500
Min lump sum
₹1,000
1Y
+6.25%
3Y (ann.)
+6.42%
5Y (ann.)
+5.83%
Launched
Aug 2020
Where the NAV sits & how risky it is
₹13.84
52-week range
at 100%
₹13.84
Low 07 Oct 2025₹13.02
High 18 Sep 2026₹13.83
Risk level
Low
Low
Very high
NAV history
25 Aug 2020
Since inception
05 Oct 2026
Returns by period
1W
+0.10%
1M
+0.21%
3M
+1.40%
6M
+3.00%
1Y
+6.25%
3Y
+6.42%
5Y
+5.83%
3Y and 5Y returns are annualised.
Return calculator
You invest
—
Est. gain
—
Est. value
—
Invested Gain
Invested
Projected value
min SIP ₹500
Estimate only. It assumes the selected past return repeats every year; 3Y and 5Y figures are taken as annualised. Actual returns vary and are not guaranteed.
Where your money goes
AS OF 31 MAY 2026
Equity 68.36%
Cash & other 169.35%
Sector split
Country split
Top 5 hold 29.5%
Top 10 hold 48.0%
25 equity holdings
Equity holdings
| # | Holding | Sector | Country | Weight | YTD |
|---|---|---|---|---|---|
| 1 | HDFC Bank
INE040A01034 |
Financial Services Banks - Regional |
India |
6.93%
|
-20.02% |
| 2 | ICICI Bank
INE090A01021 |
Financial Services Banks - Regional |
India |
6.46%
|
+0.27% |
| 3 | Hindalco Industries
INE038A01020 |
Basic Materials Aluminum |
India |
5.73%
|
+13.91% |
| 4 | Tata Power
INE245A01021 |
Utilities Utilities - Independent Power Producers |
India |
5.44%
|
+5.99% |
| 5 | Indus Towers
INE121J01017 |
Communication Services Telecom Services |
India |
4.97%
|
-1.80% |
| 6 | Axis Bank
INE238A01034 |
Financial Services Banks - Regional |
India |
4.25%
|
+6.97% |
| 7 | Maruti Suzuki
INE585B01010 |
Consumer Cyclical Auto Manufacturers |
India |
3.63%
|
-19.78% |
| 8 | Tata Steel
INE081A01020 |
Basic Materials Steel |
India |
3.59%
|
+12.71% |
| 9 | Interglobe Aviation
INE646L01027 |
Industrials Airlines |
India |
3.49%
|
-0.75% |
| 10 | Titan
INE280A01028 |
Consumer Cyclical Luxury Goods |
India |
3.47%
|
+9.09% |
About this scheme
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.
Fund manager(s): Rahul Pal, Navin Matta, Mitul Doshi
Exit load: Exit load of 0.25%, if redeemed within 30 days.
Scheme snapshot
VR Rating
MS Rating
Plan
Growth
Type
DIRECT
Inception
24 Aug 2020
Lump-sum min
₹1,000
SIP
Purchase
Switch
STP
SWP
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