Rating : N/A
Mahindra Manu Arbitrage Yojana Direct Growth
Arbitrage Fund
Fund Type
Open Ended
Investment Plan
Growth
Expense Ratio
0%
Asset Size
23.86 Cr.
(As of 31 Dec, 2021)
Benchmark
NIFTY 50 Arbitrage TR INR
Riskometer
Investors understand that their principal will be at Low to Moderate Risk.
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.
Fund manager
Rahul Pal
Exit load
0.25 %
(If redeemed within 30 days)Minimum sip
₹500
Minimum investment
₹1000
Top Holdings
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
Company
Assets
Mahindra Manu Liquid Dir Gr
25.45%
Future on Maruti Suzuki India Ltd
6.39%
Maruti Suzuki India Ltd
6.37%
Future on Asian Paints Ltd
6.10%
Sector Allocation
About the Scheme Type
Arbitrage Funds provide a safer investment avenue for the investors with low risk appetite by leveraging the price difference in the cash and derivatives market to generate returns. These usually invest around 65% of their corpus in equity-related instruments and are often seen as short-term wealth generating opportunities. Since the difference between the two prices is marginal, arbitrage funds are required to execute a humongous number of trades every year to book substantial profits. While Arbitrage Funds are a good investment option when you’ve a volatile market, the fact that their expense ratio is high and the payoff is unpredictable, count for noticeable disadvantages.
Ratings
This fund is rated 0 stars by Morning Star Ratings.
N/A
Overview of Mahindra Manulife Investment Management Pvt Ltd
Mahindra Mutual Fund has been constituted as a trust in accordance with the provisions of the Indian Trusts Act, 1882, as per the terms of the trust deed dated September 29, 2015 between the Mahindra and Mahindra Financial Services Limited as the Sponsor and Mahindra Trustee Company Private Limited, as the Trustee. The Trust Deed has been registered under the Indian Registration Act, 1908. Mahindra Mutual Fund has been registered with SEBI, under registration code MF/069/16/01.
Mahindra Asset Management Company Private Limited, a company incorporated under the Companies Act, 1956, is the Investment Manager for Mahindra Mutual Fund. It is a wholly owned subsidiary of Mahindra and Mahindra Financial Services Limited (MMFSL). Mahindra Mutual Fund endeavours to offer a variety of mutual fund schemes pan-India, with special focus in rural and semi-urban areas.
Vision statement of Mahindra Mutual Fund – To be a leading provider of financial services in the rural and semi-urban areas of India.
Mission statement of Mahindra Mutual Fund – To transform rural lives and drive positive change in the communities.