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Mahindra Mutual Fund

Mahindra Manulife Arbitrage Fund - Regular Plan - IDCW

★★★★★ 3rd-party

External rating

  • Source: Third-party data provider (Groww/CRISIL)
  • Original rating: 1/5, displayed as-is — TopFund does not modify third-party ratings
  • Refresh frequency: Whenever TopFund re-syncs this fund's data
  • Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria

Full rating methodology →

TopFund Score: 38/100 · Weak

How this score is calculated

  • Star rating (35%)1/5
  • 3Y CAGR (30%)6.45%
  • Expense ratio (20%)1.17%
  • AUM (15%)₹134 Cr

Not investment advice — an analytical read of public fund data. Methodology →

Mahindra Mutual Fund · Hybrid · Arbitrage

₹13.79

+1.27 (+10.13%)

AUM: ₹134 Cr

NAV updated 10 days ago

Plan

Regular

Option

Idcw

Risk

Moderate

Expense Ratio

1.17%

Exit Load

Exit load of 0.25%, if redeemed within 30 days.

Fund Manager

Rahul Pal

Inception

Aug 2020

Benchmark

NIFTY 50 Arbitrage Total Return Index

Sharpe Ratio

-1.23

Std Dev (1Y)

4.93%

Historical Returns (CAGR)

Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.

1m

+0.55%

3m

+1.44%

6m

+2.85%

1y

+6.21%

3y

+6.45%

5y

+5.8%

10y

—

since inception

+3.77%

TopFund's Take on Mahindra Manulife Arbitrage Fund - Regular Plan - IDCW

Mahindra Manulife Arbitrage Fund - Regular Plan - IDCW lags behind most of its peers in the Arbitrage category, currently carrying a 1-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 38/100.

Cost: At 1.17%, the expense ratio is meaningfully cheaper — about 24% below the Arbitrage category average of 1.53% (based on 104 comparable funds). Lower costs compound in your favour over long holding periods.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -1.23 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 4.93% is on the lower side for a Arbitrage fund, suggesting a comparatively smoother ride.

Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Hybrid fund.

This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.

Sector Allocation

Asset Allocation

Net Receivables 70.67%
Equity 70.16%
Mutual Fund 23.56%
Repo 6.01%
Cash Margin 0.04%

Frequently Asked Questions about Mahindra Manulife Arbitrage Fund - Regular Plan - IDCW

* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.

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