Mahindra Manulife Arbitrage Fund Regular Growth

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Other
Arbitrage Fund
Rating N.A.
Plan

11.27 +0.01 (0.07%) NAV as on 08 Dec, 2023

5D
1M
6M
1Y
5Y
MAX

Key Metrics

AUM (in Cr)33.56
CAGR 5.90%
Exit Load0.25%
Expense ratio1.16%
CategoryOther
Min Investment1000
Min SIP500
Launch Date2020-08-24

Asset Allocation

Holdings As On - 11 December 2023

Holdings

Sectors

Name
Value (Cr)
Holding %

Net Receivables / (Payables)
22.55
75.17%

Mahindra Manu Liquid Dir Gr
5.11
17.02%

Triparty Repo
2.44
8.12%

Hindustan Unilever
2.24
7.45%

Axis Bank
1.91
6.34%

HDFC Bank
1.71
5.69%

State Bank Of India
1.62
5.37%

Titan Company
1.56
5.18%

ICICI Bank
1.54
5.13%

Peer Comparison

Fund Name
Union Arbitrage Fund Regular Growth7.27%
Sundaram Arbitrage Fund - Regular Plan - Growth7.05%
LIC MF Arbitrage Regular Plan Growth7.06%
Bank of India Arbitrage Fund Regular Growth6.47%
Mahindra Manulife Arbitrage Fund Regular Growth5.9%

Risk & Volitility

Alpha 0.00%
Beta 0.00
Sharpe Ratio-2.43
Std Deviation 0.57%
Tracking Error 0.00%

About Fund

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.

The Mahindra Manulife Arbitrage Fund Regular Growth has an AUM of 33.56 crores & has delivered CAGR of 0.00% in the last 5 years. The fund has an exit load of 0.25% and an expense ratio of 1.16%. The minimum investment in Mahindra Manulife Arbitrage Fund Regular Growth is Rs 1000 and the minimum SIP is Rs 500.

As per morningstar the risk & return rating of the fund are Low & Low respectively.

The top holdings of the fund include Net Receivables / (Payables), Mahindra Manu Liquid Dir Gr, Triparty Repo & Hindustan Unilever.

The major sectors where the fund is invested are Regional Banks, Personal & Household Prods., Oil & Gas Operations & Insurance (Life).

Some of the similar funds are Union Arbitrage Fund Regular Growth, Sundaram Arbitrage Fund - Regular Plan - Growth, LIC MF Arbitrage Regular Plan Growth, Bank of India Arbitrage Fund Regular Growth, Mahindra Manulife Arbitrage Fund Regular Growth. Mahindra Manulife Arbitrage Fund Regular Growth has a sharpe ratio of -2.43 & a standard deviation of 0.57%.