Mahindra Manulife Arbitrage Fund - Direct Plan -Growth

Open Ended Schemes(Hybrid Scheme - Arbitrage Fund)Low Riskvs Nifty 50 Arbitrage IndexISIN INF174V01AA0

NAV · 06-Jul-2026

₹13.6498

+0.85%

+3.04%

1Y (CAGR)

+6.19%

3Y (CAGR)

+6.54%

5Y (CAGR)

+5.71%

Since inception (CAGR)

+5.44%

NAV history

hover for values

Risk & SIP analytics

Q3 · 3Y in category

Volatility (3y)

0.96%

Downside dev (3y)

0.52%

Max drawdown (3y)

-0.3%

Sharpe (3y)

0.04

SIP XIRR (3y)

+6.36%

SIP XIRR (5y)

+6.27%

Calendar-year returns

2021 +3.7%2022 +4.0%2023 +6.7%2024 +7.0%2025 +6.2%

Vs benchmark — Nifty 50

3y monthly · 36 months of overlap

Beta

0.00

Alpha (p.a.)

-0.08%

Up capture

12.2%

Down capture

-24.4%

Correlation

0.05

Fund facts

Fund managerRahul Pal · Navin Matta · Mitul Doshi

AUM₹1,210 Cr

Expense ratio0.29% · 2026-05-31

TER · AMFI officialDirect 1.07% · Regular 1.87% (2026-06-30)

Launch date12-Aug-2020

Plan typeOpen Ended · Hybrid

Min lumpsum₹1,000

Min SIP₹500

Lock-inNone

Volatility0.97

AMCMahindra Manulife Investment Management Pvt Ltd

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.

scheme documents ↗