Mahindra Manulife Arbitrage Fund - Direct Plan - IDCW

NAVs of 8 Nov 2026

Mahindra Manulife Mutual Fund · Hybrid fund · Direct plan · IDCW

ArbitrageDirect · IDCWRisk: Low

NAV · 6 Nov 2026

₹13.3140 ▲ 0.17%

Mahindra Manulife Mutual Fund

Fund size₹134 crJuly - September 2026

1-month range₹13.23 – 13.31

1 year+1.65%

Expense ratio1.14%direct plan, a year

5 years+4.99%a year

What the fund does

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.

BenchmarkNifty 50 Arbitrage Index

Launched24 Aug 2020

Fund houseMahindra Manulife Mutual Fund

Fund managersFM-1 Mr. Navin MattaFM-2 Mr. Manish LodhaFM-3 Mr. Rahul Pal

NAV history

Returns

1 week

+0.20%avg 0.2%

1 month

+0.55%avg 0.5%

3 months

+1.54%avg 1.6%

6 months

-1.45%avg 3.2%

This year

+0.66%avg 5.6%

1 year

+1.65%avg 6.7%

3 years (a year)

+4.87%avg 7.2%

5 years (a year)

+4.99%avg 6.7%

Bars: this plan; the thin mark is the Arbitrage average (direct plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2024												+0.5
2025	+0.6	+0.4	+0.6	+0.6	+0.3	+0.6	+0.4	+0.5	+0.4	+0.5	+0.5	+0.6
2026	+0.6	+0.4	+0.5	+0.4	+0.1	+0.8	-3.8	+0.5	+0.4	+0.6	+0.2

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

Amount (₹) Started

Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.

Risk

Volatility4.8%yearly, from daily NAVs

Worst fall-4.38%21 Jul 2026 → 24 Jul 2026

RiskometerLowLow

Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 31 Aug 2020).

Where it can invest (limits from the scheme document)

Equity & Equity related instruments including Equity Derivatives *

65–100%

exposure in Certificate of Deposits, government securities with maturities up to 1 year, Overnight Debt Securities and units of mutual funds

0–35%

Exchange Traded Commodity Derivatives (ETCDs)@, Gold ETFs and Silver ETFs

0–20%

Equity & Equity related instruments including Equity Derivatives *

0–65%

exposure in Certificate of Deposits, government securities with maturities upto 1 year, Overnight Debt Securities and units of mutual funds^

35–100%

ETCDs@, Gold ETFs and Silver ETFs

0–20%

The ranges the fund is allowed to hold, not what it holds today.

Fund details

Fund size (average AUM, July - September 2026)	₹134 cr across all plans · this plan ₹0.01 cr
Fund house	Mahindra Manulife Mutual Fund
Category	Hybrid · Arbitrage
Plan	Direct
Option	IDCW
Expense ratio (TER)	Direct 1.14% · Regular 1.90% (5 Nov 2026)
Exit load	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. Redemption /Switch-Out of Units would be done on First in First out Basis (FIFO).
Minimum investment	₹1,000 · additional ₹1,000
Scheme code (AMFI)	148470
ISIN	INF174V01AC6
NAV date	6 Nov 2026

Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.

Other plans of this fund

Plan	NAV	1 year
Direct · Growth	₹13.9246	+6.31%
Regular · Growth	₹13.2400	+5.50%
Regular · IDCW	₹12.6306	+0.64%

Top Arbitrage funds (direct plans)

Fund	1 year	3 years (a year)
Invesco India Arbitrage Fund	+6.91%	+7.48%
Kotak Arbitrage Fund	+6.80%	+7.46%
ADITYA BIRLA SUN LIFE ARBITRAGE FUND	+6.78%	+7.43%
Edelweiss Arbitrage Fund	+6.70%	+7.40%
UTI - Arbitrage Fund	+6.63%	+7.32%
Nippon India Arbitrage Fund	+6.76%	+7.31%
ICICI Prudential Arbitrage Fund	+6.68%	+7.31%
BANDHAN Arbitrage Fund	+6.52%	+7.30%

All Arbitrage funds ranked › · Compare with others ›

← All mutual funds

Information only, not investment advice.

What is the NAV of Mahindra Manulife Arbitrage Fund - Direct Plan - IDCW today?

₹13.3140 as of 6 Nov 2026, from AMFI's official NAV data.

What are the returns of Mahindra Manulife Arbitrage Fund - Direct Plan - IDCW?

1 year: 1.65%, 3 years: 4.87% a year, 5 years: 4.99% a year

What is the difference between direct and regular plans?

Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.