NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Mahindra Manulife Income Plus Arbitrage Active FOF -Growth for NRI [10.10]

Min Investment

1,000

Fund Size

26.51 Cr

Expense Ratio

0.7%

Exit Load

%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

10.10

0.05%

NAV as on 16 Feb 26, 12:00 AM

moderate risk

income plus arbitrage

open-ended

NAV as on 16 Feb 26, 12:00 AM

moderate risk

income plus arbitrage

open-ended

0.00%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

0.96%p.a.

Since Inception

About Mahindra Manulife Income Plus Arbitrage Active FOF -Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Mahindra Manulife Income Plus Arbitrage Active FOF -Growth scheme from Mahindra Manulife Investment Management Private Limited. It is a Income plus Arbitrage mutual fund scheme that predominantly invests in Income plus Arbitrage stocks of companies. Launched on Dec 2025, Mahindra Manulife Income Plus Arbitrage Active FOF -Growth is Income plus Arbitrage fund of its category with 26.51 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Income plus Arbitrage funds.

  • Mahindra Manulife Income Plus Arbitrage Active FOF -Growth delivered 0.0% annual returns during the last year. It has delivered 1.0% average annual returns since the fund was launched.
  • Mahindra Manulife Income Plus Arbitrage Active FOF -Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in open-ended

Fund Objective

The scheme seeks to generate long-term capital appreciation from a portfolio created by investing in actively managed debt oriented and arbitrage mutual fund schemes

Top 5 Holdings

Repo

1.99%

Net Payables

-1.11%

Mahindra Manulife Low Duration Fund Direct - Growth

12.36%

Mahindra Manulife Arbitrage Fund Direct - Growth

37.76%

Mahindra Manulife Short Duration Fund Direct - Growth

49.00%

Fund Managers

  1. Rahul Pal (Nov 2025 - Present)
  2. Amit Garg (Nov 2025 - Present)
  3. Mitul Doshi (Nov 2025 - Present)

Key Information

View Scheme Document

Mahindra Manulife Income Plus Arbitrage Active FOF -Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on Mahindra Manulife Income Plus Arbitrage Active FOF -Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Mahindra Manulife Income Plus Arbitrage Active FOF -Growth?

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 Income Plus Arbitrage Active FOF -Growth
  • 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

Frequently Asked Questions