Mahindra Manulife Arbitrage Yojana

An open ended scheme investing in arbitrage opportunities

Type : Mutual Fund

Asset Class : Hybrid

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  • Scheme Details
  • Scheme Overview
  • Scheme Documents and Forms
Fund Summary
Min Investment 1000
Min SIP 500
Lock InNo
*An exit load of 0.25% is payable if Units are redeemed / switched-out on or before completion of 30 days from the date of allotment of Units;

» Nil - If Units are redeemed / switched-out after completion of 30 days from the date of allotment of Units.

Fund Manager : Mr. V. Balasubramanian

Total Experience: Collectively over 40 years of work experience of which around 20 years have been in the Mutual Fund Industry and 8 years in Treasury function of nationalised bank

Fund Manager (Debt) : Mr. Rahul Pal

Total Experience: Collectively over 18 years of work experience in the Fixed Income segment

Fund Manager (Equity) : Mr. Manish Lodha

Total Experience: Combined work experience of over 20 years of which around 11 years have been in the Mutual Fund Industry, 4 years in Life Insurance Industry in the field of equity research and fund management.

Experience in managing this fund : Managing since December 21, 2020

This Product is Suitable for investors who are seeking*

  • Income over short term.
  • Income through arbitrage opportunities between cash and derivative market and arbitrage opportunities within the derivative segment.
  • Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Mahindra Manulife Arbitrage Yojana

Investors Understands that their principal will be at Low risk


Nifty 50 Arbitrage Index TRI

Investment 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.

Benefits/ Features

  • Relatively lower risk as arbitrage strategy focuses on protecting downside risk by capturing market spreads
  • Better tax efficiency on returns compared to short term debt funds
  • One of the least volatile hybrid schemes that is suitable for investment across market cycles

Please consult your tax advisor before taking any investment decision.

Potential Risk Classification (PRC)
Fund Performance:
Mahindra Manulife Arbitrage Yojana CAGR Returns (%) Value of Investment of 10,000* (Rs) NAV / Index Value (as on Dec 31, 2021)
Managed by Mr. V. Balasubramanian and Mr. Rahul Pal (Debt) and Mr. Manish Lodha (Equity) 1 Year 3 Years 5 Years Since Inception 1 Year 3 Years 5 Years Since Inception
Regular Plan - Growth Option 2.80 N/A N/A 2.74 10280 N/A N/A 10373 10.37
Direct Plan - Growth Option 3.67 N/A N/A 3.62 10367 N/A N/A 10493 10.49
Nifty 50 Arbitrage Index^ 4.16 N/A N/A 3.88 10416 N/A N/A 10529 2004.26
Crisil 1 Yr T-Bill Index^^ 3.49 N/A N/A 3.56 10349 N/A N/A 10485 6261.63

^Benchmark ^^Additional Benchmark. Inception/Allotment date: 24-Aug-20.
Past performance may or may not be sustained in future and should not be used as a basis of comparison with other investments. Since inception returns of the scheme is calculated on face value of Rs. 10 invested at inception. The performance details provided above are of Growth Option under Regular and Direct Plan. Different Plans i.e Regular Plan and Direct Plan under the scheme has different expense structure. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Mr. Manish Lodha is managing this fund since December 21, 2020. Mr. V. Balasubramanian is managing this fund since October 16, 2020.

For performance of other schemes managed by Mr. V. Balasubramanian click here

For performance of other schemes managed by Mr. Rahul Pal click here

For performance of other schemes managed by Mr. Manish Lodha click here

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.