Not Recommended
However, Scripbox does not recommend investing in arbitrage mutual funds.
Arbitrage Funds are designed to take advantage of small differences in prices of securities between the cash and derivatives markets.
Funds in this category deploy different strategies making assessment of each fund a unique exercise.This category has a limited number of funds with a sufficiently long history.These funds are recommended as a tax - efficient alternative to debt funds but the effective tax differential is too small to provide a meaningful benefit to regular consumers who are better off investing in debt funds rather than a complex instrument.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Track Record
1 Years. The fund has Insufficient history for analysis. We recommend funds with longer history.
Relative Size
66 Cr. Small within the category
Category View
Neutral. The category has a neutral investment outlook
Consistency Of Performance
Consistently poor. The historical performance of the fund has been consistently poor
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Scheme Information
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.
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Low to Moderate Risk
1.18 %
Expense Ratio
Aug 24, 2020
Launched (1y ago)
₹ 66
AUM in Crores
INF174V01986
ISIN
No Lock-in
Lock-in
NIFTY 50 Arbitrage TR INR
Benchmark
₹ 1,000
SIP Minimum
₹ 5,000
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Invest in a scientifically curated set of equity mutual funds which are best aligned towards achieving any long term objectives you have.
Comparison with Hybrid Funds
Aggressive Hybrid
26 Years
Age
Track Record
Aggressive Hybrid
22 Years
Age
Track Record
Conservative Hybrid
17 Years
Age
Track Record
Conservative Hybrid
18 Years
Age
Track Record
Multi Asset Allocation
16 Years
Age
Track Record
About the AMC
Mahindra Manulife Investment Management Pvt. Ltd.
Mahindra Manulife Investment Management Pvt. Ltd. manages assets worth 5,089 crores and was set up on 20 June 2013. It's current offering of mutual fund schemes includes 17 equity,19 debt and 9 hybrid funds.
Diversified
₹ 384 Cr
Fund Size
12.7%
3Y returns
Large Cap
₹ 98 Cr
Fund Size
N/A
3Y returns
Aggressive Hybrid
₹ 149 Cr
Fund Size
N/A
3Y returns
Liquid
₹ 1,700 Cr
Fund Size
N/A
3Y returns
Liquid
₹ 1,700 Cr
Fund Size
5.9%
3Y returns
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Mahindra Manu Arbitrage Yojana fund (DR-A) is a arbitrage hybrid fund and has delivered an annualised return of 1.2% over a period of 1 years ..The fund is managed by Mahindra Manulife Investment Management Pvt. Ltd..The fund managers are Manish Lodha, Rahul Pal, Srinivasan Ramamurthy, V Balasubramanian
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. However, there is no assurance that the objective of the scheme will be realized.
The Mahindra Manu Arbitrage Yojana fund (DR-A) fund was launched on Aug 24, 2020. The NAV (Net Asset Value) of this arbitrage hybrid as of 2021-03-01 is ₹ 10.1173. The total AUM (Asset Under Management) of the fund as of 2021-03-01 is ₹ 65.840. The category risk of the Mahindra Manu Arbitrage Yojana fund (DR-A) fund is Low to Moderate Risk. The fund charges 1.18 % as expense ratio.
The fund’s highest allocation is towards others and has invested 100.3% in this asset class. The top three holdings of the fund are icici bank limited february 2021 future,icici bank ltd and vodafone idea ltd
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to NIFTY 50 Arbitrage TR INR
Mahindra Manu Arbitrage Yojana fund (DR-A) has a score of 1 on a scale of 5. The fund scores 1 out of 5 based on historical performance. As compared to the other funds in its category, Mahindra Manu Arbitrage Yojana fund (DR-A) has a score of 2 out of 5. Scipbox has rated this fund 1 out of 5 based on consistency of performance over various years / tenures.