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Mahindra Manulife Mutual Fund

Mahindra Manulife Income Plus Arbitrage Active FOF

Mahindra Manulife Mutual Fund · Direct plan · Growth

NAV
₹10.48
▲ 0.13% · 18 Sept 2026
Fund size
₹13 Cr
Expense ratio
0.22%
a year
Minimum SIP
₹500

Figures are for the Direct plan. The Regular plan, bought through a distributor, is at ₹10.44 and has returned – over a year.

Returns, and where it stands

Against the average fund of funds (domestic), and its place among them. Anything longer than a year is a yearly rate.

This fund does not have enough NAV history yet to show returns.

Every period, and the Regular plan →
PeriodDirectRegular
1 month0.2%0.1%
3 months1.5%1.4%
6 months3.3%3.1%

Figures are for the Direct plan, and the rank compares it against the same plan of its peers, best first. Based on NAV history from Dec 2025.

Plan

NAV history

▲ 4.68% in the last 1Y

10.010.210.58 Dec 20254 May 202618 Sept 2026

Hover or tap the chart for the NAV on any date. Past NAVs are adjusted for unit splits.

If you had invested in this fund

Investment type
years

Not enough NAV history for this period.

Fund details

Minimum lumpsum
₹1,000
Minimum top-up
₹1,000
Lock-in
None
Plan started
5 Dec 2025
Expense ratio
0.22%
as of 31 Jul 2026

Managed by Rahul Pal, Amit Garg, Mitul Doshi

Direct plan figures, last checked on 20 Sept 2026. Exit load and the scheme's benchmark are in thescheme document.

How it compares

Mahindra Manulife Income Plus Arbitrage Active FOF against other funds in the Fund of Funds (Domestic) category
Fund1Y3Y5YExpenseFund size
Mirae Asset NYSE FANG + ETF Fund of Fund47.06%56.83%35.52%0.58%₹2,707 Cr
Mirae Asset S&P 500 Top 50 ETF Fund of Fund83.92%55.54%0.56%₹847 Cr
Kotak Silver ETF Fund of Fund82.92%46.35%0.63%₹1,004 Cr
UTI Silver ETF Fund of Fund80.47%46.29%0.13%₹655 Cr
Axis Silver Fund of Fund80.98%46.28%0.09%₹1,281 Cr
ICICI Prudential Silver ETF FOF80.56%46.15%0.54%₹6,514 Cr
Mahindra Manulife Income Plus Arbitrage Active FOF0.22%₹13 Cr

About Mahindra Manulife Income Plus Arbitrage Active FOF

Mahindra Manulife Income Plus Arbitrage Active FOF is a fund of funds (domestic) managed by Mahindra Manulife Mutual Fund. Fund of funds that invest in other Indian mutual funds or ETFs, such as gold or silver ETFs.

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

The scheme's stated objective, as published by Mahindra Manulife Mutual Fund.

The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.

Tax on your gains

How gains are taxed depends on what the scheme holds — equity, debt, gold or units of other funds each follow different rules. The scheme document states which applies.

Work out what you would owe with the capital gains tax calculator.

Every plan and option, with scheme codes
PlanOptionNAVScheme code
DirectGrowth₹10.4796154007
DirectIDCW₹10.4796154008
RegularGrowth₹10.4376154006
RegularIDCW₹10.4376154005

Frequently asked questions

What is the NAV of Mahindra Manulife Income Plus Arbitrage Active FOF today?

The NAV of Mahindra Manulife Income Plus Arbitrage Active FOF (Direct plan, Growth) is ₹10.4796 and the Regular plan NAV is ₹10.4376, as of 18 Sept 2026.

What returns has Mahindra Manulife Income Plus Arbitrage Active FOF given?

Over the last year the Direct plan returned –. Past returns do not guarantee future returns.

What is the expense ratio of Mahindra Manulife Income Plus Arbitrage Active FOF?

The Direct plan charges 0.22% a year, as disclosed on 31 Jul 2026. The fee is already taken out of the NAV, so the returns above are what you keep.

What is the minimum SIP amount in Mahindra Manulife Income Plus Arbitrage Active FOF?

You can start a monthly SIP with ₹500, or invest a lump sum of ₹1,000 or more.

How much has Mahindra Manulife Income Plus Arbitrage Active FOF fallen in the past?

Its deepest fall was 0.3% from 10 Sept 2026 to 15 Sept 2026.

Which category does Mahindra Manulife Income Plus Arbitrage Active FOF belong to?

It is a Fund of Funds (Domestic) from Mahindra Manulife Mutual Fund. Fund of funds that invest in other Indian mutual funds or ETFs, such as gold or silver ETFs.

What is the difference between the Direct and Regular plan?

Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.

How are gains from Mahindra Manulife Income Plus Arbitrage Active FOF taxed?

How gains are taxed depends on what the scheme holds — equity, debt, gold or units of other funds each follow different rules. The scheme document states which applies.

Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.