Should I invest in Mahindra Manulife Arbitrage Fund?

We don't give personal investment advice. Mahindra Manulife Arbitrage Fund - Regular Plan - IDCW is suitable for an investor whose:horizon is 3-5 years — too short for pure equity, too long for pure debtwants a single fund that automatically rebalances between equity and debtis comfortable trading some upside for lower volatility vs a pure equity fundCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.3%. 5-year CAGR: 4.79%.

Mahindra Manulife

Mahindra Manulife Arbitrage Fund - Regular Plan - IDCW

Latest NAV

₹12.9036

As of

3 Jun 2026

1,422 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.04%	-0.04%	+0.08	15 / 44	Q2
1W	+0.02%	-0.01%	+0.03	16 / 44	Q2
2W	-0.03%	-0.09%	+0.06	21 / 44	Q2
1M	+0.18%	+0.19%	-0.01	27 / 44	Q3
3M	+0.92%	+0.34%	+0.58	28 / 41	Q3
6M	+2.38%	+1.48%	+0.89	26 / 41	Q3
YTD	+1.91%	+0.93%	+0.98	23 / 41	Q3
1Y	+5.07%	+3.58%	+1.49	25 / 39	Q3
2Y	+5.35%	+4.08%	+1.26	24 / 37	Q3
3Y	+5.59%	+4.42%	+1.17	23 / 36	Q3
4Y	+5.31%	+4.45%	+0.87	20 / 34	Q3
5Y	+4.79%	+4.24%	+0.55	19 / 30	Q3
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+4.51%	+3.04%	+1.47	16 / 44	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+1.91%	+0.98%	+0.92	23 / 36
2025	+5.35%	+3.77%	+1.58	22 / 36
2024	+6.07%	+5.70%	+0.37	26 / 35
2023	+5.76%	+5.12%	+0.64	23 / 34
2022	+3.17%	+3.15%	+0.01	20 / 29
2021	+2.84%	+2.71%	+0.13	13 / 30
2020	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+4.67%

59 windows

min 2.4% · max 6.4%

100% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+4.96%

34 windows

min 3.6% · max 5.8%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+4.67%

10 windows

min 4.4% · max 4.8%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

0.41%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.27%

May 2026 → May 2026

% positive months

100.0%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Arbitrage Fund

Scheme	Fund house	NAV	As of
BANDHAN Arbitrage Fund - Regular Plan - Annual IDCW	Bandhan	₹10.7449	3 Jun 2026
quant Arbitrage Fund - IDCW Option - Regular Plan	Quant	₹10.7645	3 Jun 2026
Motilal Oswal Arbitrage Fund-Regular Plan-IDCW	Motilal Oswal	₹10.7404	3 Jun 2026
Mirae Asset Arbitrage Fund Regular IDCW	Mirae Asset	₹13.6680	3 Jun 2026
Edelweiss Arbitrage Fund - Monthly Regular Plan - IDCW Option	Edelweiss	₹16.6280	2 Jun 2026
DSP Arbitrage Fund - Regular - IDCW	DSP	₹11.8560	3 Jun 2026
HSBC Arbitrage Fund - Regular Monthly IDCW	HSBC	₹10.2087	3 Jun 2026
BARODA BNP PARIBAS ARBITRAGE FUND REGULAR PLAN MONTHLY IDCW Option	Baroda BNP Paribas	₹10.4990	3 Jun 2026
PGIM India Arbitrage Fund - Regular Plan - Monthly Dividend	PGIM India	₹11.2371	3 Jun 2026
Axis Arbitrage Fund - Regular Plan - Monthly IDCW	Axis	₹11.1252	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹12.9036
2 Jun 2026	₹12.8985
1 Jun 2026	₹12.9183
29 May 2026	₹12.8803
27 May 2026	₹12.9012
26 May 2026	₹12.9068
25 May 2026	₹12.9132
22 May 2026	₹12.9009
21 May 2026	₹12.9099
20 May 2026	₹12.9069

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of Mahindra Manulife Arbitrage Fund - Regular Plan - IDCW is ₹12.9036. It's a Arbitrage Fund from Mahindra Manulife, run as a Regular plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Mahindra Manulife Arbitrage Fund - Regular Plan - IDCW has NAV history starting from 25 Aug 2020, a track record of about 5 years 9 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Mahindra Manulife Arbitrage Fund - Regular Plan - IDCW is managed by Mahindra Manulife. It's classified by AMFI under the 'Arbitrage Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Mahindra Manulife Arbitrage Fund - Regular Plan - IDCW has delivered a absolute return of 5.07% — +1.49 pp ahead of the Arbitrage Fund category average of 3.58%. The fund ranks #25 of 39 in its category — the third (Q3) quartile.

Over the trailing 3-year window, Mahindra Manulife Arbitrage Fund - Regular Plan - IDCW has delivered a CAGR of 5.59% — +1.17 pp ahead of the Arbitrage Fund category average of 4.42%. The fund ranks #23 of 36 in its category — the third (Q3) quartile.

Over the trailing 5-year window, Mahindra Manulife Arbitrage Fund - Regular Plan - IDCW has delivered a CAGR of 4.79% — +0.55 pp ahead of the Arbitrage Fund category average of 4.24%. The fund ranks #19 of 30 in its category — the third (Q3) quartile.

₹1 lakh invested in Mahindra Manulife Arbitrage Fund - Regular Plan - IDCW exactly 5 years ago would be worth approximately ₹126,365 today — a multiplier of 1.26×, based on the 5-year CAGR of 4.79%. The category average over the same window would have grown ₹1 lakh to ₹123,093.

A ₹10,000 monthly SIP in Mahindra Manulife Arbitrage Fund - Regular Plan - IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹685,143 today. That's an XIRR (money-weighted annualised return) of 5.25%.

Mahindra Manulife Arbitrage Fund - Regular Plan - IDCW doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹685,143 — XIRR 5.25%.

On a 5-year basis, Mahindra Manulife Arbitrage Fund - Regular Plan - IDCW ranks #19 out of 30 funds in the Arbitrage Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 4.24%; this fund delivered 4.79%.

The worst peak-to-trough decline Mahindra Manulife Arbitrage Fund - Regular Plan - IDCW has experienced over the last 5-year window is 0.27% — its NAV fell from a high on 15 May 2026 to a low on 29 May 2026. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Mahindra Manulife Arbitrage Fund - Regular Plan - IDCW averaged 4.67% (best 4.82%, worst 4.44%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -3.39 — negative risk-adjusted performance.

In calendar year 2025, Mahindra Manulife Arbitrage Fund - Regular Plan - IDCW returned 5.35% — beating the Arbitrage Fund category average of 3.77% by 1.58 pp. It ranked #22 of 36 in its category that year.

Mahindra Manulife Arbitrage Fund - Regular Plan - IDCW is a Hybrid scheme. Tax treatment follows its actual equity allocation as disclosed by the AMC: at least 65% equity behaves like an equity fund (12.5% LTCG over 12 months, 20% STCG); 35-65% equity often gets an equity-style treatment with a 24-month threshold; under 35% equity is taxed at slab rate like a debt fund. Check the AMC's latest factsheet for the current classification.

We don't give personal investment advice. Mahindra Manulife Arbitrage Fund - Regular Plan - IDCW is suitable for an investor whose:

horizon is 3-5 years — too short for pure equity, too long for pure debt
wants a single fund that automatically rebalances between equity and debt
is comfortable trading some upside for lower volatility vs a pure equity fund

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 0.3%. 5-year CAGR: 4.79%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

Mahindra Manulife Arbitrage Fund - Regular Plan - IDCW

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Arbitrage Fund

Recent NAVs

Frequently asked questions

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