Mahindra Manulife Arbitrage Fund - Regular Plan - Growth has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 5.99 | 4.25 | N/A | N/A |
Average Rolling Returns(%) | 4.13 | 4.02 | N/A | N/A |
The Current NAV of Mahindra Manulife Arbitrage Fund - Regular Plan - Growth is ₹11.56.
It is better to invest in a fund with a longer track record as Mahindra Manulife Arbitrage Fund - Regular Plan - Growth cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark Nifty 50 Arbitrage returns, as Funds portfolio is significantly different.
Mahindra Manulife Arbitrage Fund - Regular Plan - Growth fund’s expense ratio is 1.20%
The process for redemption is
The AUM of Mahindra Manulife Arbitrage Fund - Regular Plan - Growth is currently ₹65 Crores.
The Top three stocks are Axis Bank, Hindustan Unilever 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 - Regular Plan - Growth fund are Miscellaneous, Others and IT accounting for 101% 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 - Regular Plan - Growth Fund is Hybrid - Arbitrage Fund.
Abhinav Khandelwal and Manish Lodha manage the Mahindra Manulife Arbitrage Fund - Regular Plan - Growth Fund.
Mahindra Manulife Arbitrage Fund - Regular Plan - Growth current PE ratio is 30.20 and PB ratio is 4.86
The asset allocation of Mahindra Manulife Arbitrage Fund - Regular Plan - Growth is Stocks : 0%, Debt : 312.08% and Gold : -212.08%
The minimum SIP amount for Mahindra Manulife Arbitrage Fund - Regular Plan - Growth is ₹500.00 and minimum lumpsum is ₹1000.00
The exit load for Mahindra Manulife Arbitrage Fund - Regular Plan - Growth is 0.25% on or before 30 days, Nil after 30 days