Sharpe ratio
-0.99Return earned for the risk taken.
Negative
Negative means the fund has not rewarded investors well for the risk taken recently.
+6.13%1Y Absolute Return
-0.01%1D
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Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| Mahindra Manulife Arbitrage Fund - Direct Plan -GrowthFund 5Y annualised return | ₹8,44,596 | ₹7,32,612 | ₹1,11,984 | +5.91% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.05
₹1 Lakh since launch₹1.05 Lakh
Fund age6.2 yrs
Fund information
Scheme code148468
ISININF174V01AA0
BenchmarkNIFTY 50 Arbitrage TRI
CategoryHybrid Scheme - Arbitrage Fund
Expense ratio1.14%
Exit loadExit load of 0.25%, if redeemed within 30 days.
Minimum SIP₹500 SIP
Return comparison
64th / 163 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +6.29% | — | — |
| 3M | +6.06% | — | — |
| 6M | +5.83% | — | — |
| 1Y | +6.13% | — | +4.86% |
| 3Y | +6.41% | — | +5.29% |
| 5Y | +5.91% | — | +5.25% |
| Since Launch | +5.46% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
-1.84Return earned while limiting downside risk.
Negative
Negative means downside losses have outweighed the returns.
Standard deviation
1.52%How much the fund’s returns fluctuate over time.
Low volatility
Returns have been relatively stable.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
10.62How well the fund rewarded investors relative to its biggest decline.
Excellent
Excellent balance between returns and drawdowns.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Portfolio100%
Hedged Equity71.11%
Debt21.58%
Cash7.71%
Market cap allocation
Sector allocation
Equity exposure by sector
Top holdings
10 of 63 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| Net Receivables | Unspecified | Net Receivables | 71.74% |
| Mahindra Manulife Low Duration Fund Direct - Growth | Unspecified | Mutual Fund | 13.5% |
| Mahindra Liquid Fund Direct -Growth | Unspecified | Mutual Fund | 8.1% |
| Repo | Unspecified | Repo | 6.98% |
| ICICI Bank Ltd | Financial | Equity | 6.78% |
| HDFC Bank Ltd | Financial | Equity | 6.77% |
| Tata Power Company Ltd | Energy & Utilities | Equity | 4.78% |
| Hindalco Industries Ltd | Materials | Equity | 4.66% |
| Maruti Suzuki India Ltd | Consumer Discretionary | Equity | 4.36% |
| Indus Towers Ltd | Technology | Equity | 4.27% |
Fund management
NA
Navin Matta
Since 2024 · Prior to Joining the Mahindra Manulife Investment Management Pvt Ltd. He has worked with BOB Capita, SAFE Enterprises,Bajaj Allianz Life Insurance, HDFC Securities and Daiwa Capital.
PGDBA
RA
Rahul Pal
Since 2020 · Prior to joining Mahindra Manulife Mutual Fund, he has worked with Taurus AMC, Sundaram Mutual Fund and IDBI Mutual Fund.
Mr. Pal is a B.Com (H) and Chartered Accountant.
MI
Mitul Doshi
Since 2025 · Prior to joining Mahindra Manulife AMC, he was associated with Edelweiss AMC, Way2wealth Brokers Pvt ltd.
Diploma in Electronics & Communication
Compare similar funds
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Summary
A low-risk hybrid scheme - arbitrage fund. Same fund manager for 6+ years — the strategy has not chopped and changed. Returns depend on cash-futures spreads and can temporarily fall below liquid-fund levels.
Strengths
- Same fund manager for 6+ years — the strategy has not chopped and changed.
Weaknesses
- None
Ideal investor
- Suited for parking money for 3–12 months or longer — an alternative to liquid funds and short-term FDs.
- Taxed as an equity fund, which may be more efficient than an FD for some tax brackets.
Risk drivers
- Cash-futures spread compression can reduce arbitrage returns.