NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹12.05
0.31%
NAV as on 16 Jan 25, 12:00 AM
low risk
arbitrage fund
equity
NAV as on 16 Jan 25, 12:00 AM
low risk
arbitrage fund
equity
6.17%p.a.
Last 1Y
5.02%p.a.
Last 3Y
0.00%p.a.
Last 5Y
4.27%p.a.
Since Inception
About Mahindra Manulife Arbitrage Fund Reinvestment of Income Dis cum Cptl Wrdl for NRIs
NRIs can achieve long-term capital appreciation by investing in the Mahindra Manulife Arbitrage Fund Reinvestment of Income Dis cum Cptl Wrdl scheme from Mahindra Manulife Investment Management Pvt. Ltd.. It is a Arbitrage Fund mutual fund scheme that predominantly invests in Arbitrage Fund stocks of companies. Launched on Aug 2020, Mahindra Manulife Arbitrage Fund Reinvestment of Income Dis cum Cptl Wrdl is Arbitrage Fund fund of its category with 106.53 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category Arbitrage Fund funds.
- Mahindra Manulife Arbitrage Fund Reinvestment of Income Dis cum Cptl Wrdl delivered 6.2% annual returns during the last year. It has delivered 4.3% average annual returns since the fund was launched.
- Mahindra Manulife Arbitrage Fund Reinvestment of Income Dis cum Cptl Wrdl scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund 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.
Top 10 Holdings
Future on Reliance Industries Ltd
8.43%
Reliance Industries Ltd
8.37%
Future on IndusInd Bank Ltd
6.82%
IndusInd Bank Ltd
6.78%
Future on Tata Power Co Ltd
6.50%
Tata Power Co Ltd
6.46%
Mahindra Manu Liquid Dir Gr
5.18%
Future on Larsen & Toubro Ltd
5.11%
Larsen & Toubro Ltd
5.09%
Future on Axis Bank Ltd
4.90%
Fund Managers
- Rahul Pal (Aug 2020 - Present)
- Manish Lodha (Dec 2020 - Present)
- Navin Matta (Oct 2024 - Present)
Key Information
View Scheme Document
Mahindra Manulife Arbitrage Fund Reinvestment of Income Dis cum Cptl Wrdl SIP Calculator
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NRI Mutual Fund Tax on Mahindra Manulife Arbitrage Fund Reinvestment of Income Dis cum Cptl Wrdl
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Mahindra Manulife Arbitrage Fund Reinvestment of Income Dis cum Cptl Wrdl?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Mahindra Manulife Arbitrage Fund Reinvestment of Income Dis cum Cptl Wrdl
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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Frequently Asked Questions
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