Mahindra Manulife Arbitrage Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 6.15 | 4.36 | N/A | N/A |
Average Rolling Returns(%) | 4.21 | 4.08 | N/A | N/A |
The Current NAV of Mahindra Manulife Arbitrage Fund - Growth - Direct Plan is ₹11.98.
It is better to invest in a fund with a longer track record as Mahindra Manulife Arbitrage Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. Funds returns likely to be fairly different than its benchmark NIFTY 500 , as Funds portfolio is somewhat different.
Mahindra Manulife Arbitrage Fund - Growth - Direct Plan fund’s expense ratio is 0.41%
The process for redemption is
The AUM of Mahindra Manulife Arbitrage Fund - Growth - Direct Plan is currently ₹71 Crores.
The Top three stocks are Axis Bank, Indus Towers and HPCL and account for 13% of its portfolio. Top 5 and 10 stocks of fund account for 21% and 38% of fund’s portfolio respectively.
Top three sectors of Mahindra Manulife Arbitrage Fund - Growth - Direct Plan fund are Miscellaneous, Others and Consumer Durables accounting for 100% of the total portfolio.
Since this is a Hybrid - Arbitrage Fund it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of Mahindra Manulife Arbitrage Fund - Growth - Direct Plan Fund is Hybrid - Arbitrage Fund.
Abhinav Khandelwal and Manish Lodha manage the Mahindra Manulife Arbitrage Fund - Growth - Direct Plan Fund.
Mahindra Manulife Arbitrage Fund - Growth - Direct Plan current PE ratio is 28.65 and PB ratio is 5.06
The asset allocation of Mahindra Manulife Arbitrage Fund - Growth - Direct Plan is Stocks : 0%, Debt : 339.30% and Gold : -239.30%
The minimum SIP amount for Mahindra Manulife Arbitrage Fund - Growth - Direct Plan is ₹500.00 and minimum lumpsum is ₹1000.00
The exit load for Mahindra Manulife Arbitrage Fund - Growth - Direct Plan is 0.25% on or before 30 days, Nil after 30 days