1M
6M
1Y
3Y
All
| NAV: 22 Oct 2024 | ₹12.31 |
| Min. SIP amount | ₹500 |
| Rating | 2 |
| Fund size | ₹105.24Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Hybrid Arbitrage
Annualised returns
Absolute returns
| 6M | 1Y | 3Y | All | |
|---|---|---|---|---|
| Fund returns | NA | 6.8% | 5.7% | 5.1% |
| Category average | NA | 7.2% | 5.9% | NA |
| Rank with in category | NA | 26 | 23 | NA |
Understand terms
Holdings (73)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Tata Power Company Ltd. | Energy | Equity | 7.61% |
Mahindra Manulife Liquid Fund Direct -Growth | NA | Mutual Fund | 5.18% |
Reserve Bank of India | Financial | T-Bills | 4.66% |
HDFC Bank Ltd. | Financial | Equity | 4.34% |
Maruti Suzuki India Ltd. | Automobile | Equity | 3.77% |
Hindustan Petroleum Corporation Ltd. | Energy | Equity | 3.73% |
Axis Bank Ltd. | Financial | Equity | 3.29% |
Kotak Mahindra Bank Ltd. | Financial | Equity | 2.82% |
Tata Steel Ltd. | Metals & Mining | Equity | 2.73% |
Adani Ports and Special Economic Zone Ltd. | Services | Equity | 2.53% |
See All
Pros and cons
Category: Hybrid Arbitrage
Pros
Lower expense ratio: 0.41%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Cons
Consistently lower annualised returns than category average for the past 1Y and 3Y
Low rating: 2
Expense ratio, exit load and tax
Expense ratio: 0.41%
Inclusive of GST
Exit load
Exit load of 0.25%, if redeemed within 30 days.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹500 |
Fund management
Rahul PalAug 2020 - PresentView details
Rahul Pal
Aug 2020 - Present
View details
Education
Mr. Pal is a B.Com (H) and Chartered Accountant.
Experience
Prior to joining Mahindra Manulife Mutual Fund, he has worked with Taurus AMC, Sundaram Mutual Fund and IDBI Mutual Fund.
Also manages these schemes
Abhinav KhandelwalApr 2022 - PresentView details
Abhinav Khandelwal
Apr 2022 - Present
View details
Education
Mr. Khandelwal is Chartered Accountant
Experience
Prior to joining Mahindra Mutual Fund he has worked with Canara Robeco Mutual Fund, Aegon life Insurance Company as Fund Manager, Asian Market Securities as Equity Analyst and Systematix Shares & Stocks as Equity Analyst.
Also manages these schemes
Manish LodhaDec 2020 - PresentView details
Manish Lodha
Dec 2020 - Present
View details
Education
Mr. Lodha is a Chartered Accountant and Company Secretary
Experience
Prior to joining Mahindra Manulife Mutual Fund, he was associated with Canara HSBC OBC Life Insurance Co Ltd, Kotak Mahindra Mutual Fund. In these roles, he was responsible for Portfolio Management, Equity Research. He has also held various positions in Finance function during his association with BOC India Ltd (Now Linde India Ltd.).
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
1st Floor, Sadhana House, Behind Mahindra Tower, 570 P. B. Marg, Worli, Mumbai 400018
Phone
022-66327900
Launch Date
04 Feb 2016
E-mail
[email protected]Website
www.mahindramutualfund.com
Mahindra Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]Website
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