Mahindra Manulife Income Plus Arbitrage Active FOF Regular Growth NAV today
AMFI: 154006ISIN: INF174V01CR0MUTF_IN: MAHI_MANU_INC_ENWRRAMahindra Manulife Mutual FundFund of Funds
NAV ₹10.4148up ₹0.00 (0.02%)
NAV for 23 Oct 2026, against 22 Oct 2026. Declared once a day.
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month.
- ₹11 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it.
- 0.67%16 Oct 2026
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- ModerateAug 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures.
- 330 Sep 2026
- Offer openedNew fund offer opened. The day the fund's new fund offer opened for investors to apply; units are allotted when it closes.
- 21 Nov 2025
Mahindra Manulife Income Plus Arbitrage Active FOF returns
Regular Growth plan
Over each window to 23 Oct 2026
| Over | ReturnTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). |
|---|---|
| 1 week | −0.12% |
| 1 month | −0.29% |
| 3 months | +0.49% |
| 6 months | +2.30% |
| 1 year | Needs a year |
₹10,000 put in on 8 Dec 2025 is ₹10,403 at the NAV of 23 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load.Over a year and longer, a return is the yearly rate.
Mahindra Manulife Income Plus Arbitrage Active FOF expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio.
- 0.45 ptsA year, on 16 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 0.22%Over the last 30 days filed
- Regular, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 0.67%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan at its highest since Dec 2025 in the latest month.Direct plan lowest 0.12%, Dec 2025.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. | 0.18% | 0.58% |
| Brokerage | None | None |
| Transaction costs | None | None |
| Statutory levies | 0.04% | 0.09% |
Per cent of assets a year, filed for 16 Oct 2026. The parts add up to that day's total.
Buying and selling
- Exit load, at launchExit load. A charge, as a share of the amount redeemed, on units sold before a set period has passed since they were bought.
- Exit Load: Nil
- Lump-sum purchases
- Accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase.
- ₹1,000
- Minimum top-up
- ₹1,000
- Minimum redemption
- ₹1,000
- SIP
- Accepted
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold.
- None
As listed for this plan on 24 Oct 2026.
Mahindra Manulife Income Plus Arbitrage Active FOF AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹14 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors.
- 19.9%Of the quarter's average
- Less the house's funds of fundsAverage assets, excluding the house's funds of funds. The quarter's average assets less the money the same fund house's funds of funds hold in this fund, so that money is not counted twice.
- ₹0.00 CrQuarter to Sep 2026
Average assets by quarter, by plan
- Regular plans
- Direct plans
Largest ₹26 Cr, quarter to Mar 2026.
Assets at each month end
Highest ₹34 Cr, Dec 2025.The latest month end is the lowest since Dec 2025.
Mahindra Manulife Income Plus Arbitrage Active FOF portfolio
Portfolio disclosed for 30 Sep 2026.
Holdings on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. | |||
|---|---|---|---|---|
| Mahindra Manulife Short Term Fund | 56.92% | 5.99 | 41,91,782 | Dec 2025or earlier |
| Mahindra Manulife Arbitrage Fund | 35.89% | 3.78 | 27,32,708 | Dec 2025or earlier |
| Mahindra Manulife Dynamic Term Fund | 6.10% | 0.64 | 3,92,038 | May 2026 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Cash and receivables on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | ||
|---|---|---|
| Triparty Repo | 1.09% | 0.11 |
| Margin placed with CCIL & ARCL | 0.10% | 0.01 |
| Net Receivables / (Payables) | −0.09% | −0.01 |
Weight is per cent of the fund's net assets; value in ₹ crore.
- Largest holdingLargest holding. The share of the fund in its single largest position, cash and futures not counted as positions.
- 56.92%Mahindra Manulife Short Term Fund
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions.
- 98.90%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions.
- 98.90%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights.
- 2.1Taken over 98.90% of the fund
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought.- Units of other funds98.90%
- Cash and receivables1.10%
Per cent of the fund's net assets.
Bought and sold
Sep 2026 against Aug 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before.
- 0
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date.
- 0
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth.
- 0
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth.
- 3
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price.
- 0
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month.
- 0.00%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it.
- 7.90%
Changes in Sep 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. | ||||
|---|---|---|---|---|---|
| Mahindra Manulife Short Term Fund | Trimmed | 56.92% | 49.01% | +7.90 pts | −2,02,658 |
| Mahindra Manulife Dynamic Term Fund | Trimmed | 6.10% | 12.83% | −6.73 pts | −6,09,749 |
| Mahindra Manulife Arbitrage Fund | Trimmed | 35.89% | 36.47% | −0.58 pts | −6,53,339 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points.
Holdings month by month
| Holding | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mahindra Manulife Short Term Fund | – | – | 48.82% | 49.00%Cut | 49.99%Cut | 48.79%Cut | 47.02%Cut | 47.42%Cut | 38.31%Cut | 39.47%Cut | 49.01%Cut | 56.92%Cut |
| Mahindra Manulife Arbitrage Fund | – | – | 37.66% | 37.76%Cut | 37.11%Cut | 37.52%Cut | 41.29%Cut | 41.14%Cut | 36.14%Cut | 35.91%Cut | 36.47%Cut | 35.89%Cut |
| Mahindra Manulife Dynamic Term Fund | – | – | – | – | – | – | – | 10.60%Bought | 25.27%Added | 23.75%Cut | 12.83%Cut | 6.10%Cut |
| Mahindra Manulife Ultra Short to Short Term Fund | – | – | 13.44% | 12.36%Cut | 12.29%Cut | 12.54%Cut | 10.35%Cut | Sold out | – | – | – | – |
Per cent of the fund's net assets at each month end, Oct 2025 to Sep 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap.
Risk ratios
NAV to 23 Oct 2026
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. |
|---|---|---|---|---|
| Since Dec 2025 | −0.31% | 23 Sep 2026 | 22 Oct 2026 | Not yet |
Risk level by month
| Months | FundRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. |
|---|---|---|
| Nov 2025 to Aug 202610 months | Moderate | Low to Moderate60% CRISIL Composite Bond Index + 40% Nifty 50 Arbitrage |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
Changes to the fund
Newest first.
2026
- 1 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
Fund details
Objective
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. However, there is no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/indicate any returns
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back.
- 60% CRISIL Composite Bond Index + 40% Nifty 50 Arbitrage
- New fund offer
- 21 Nov 2025 to 1 Dec 2025
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹1,000
Plans and codes
| Plan | AMFI code | ISIN | ISIN, reinvestment | MUTF_IN | First NAV |
|---|---|---|---|---|---|
| Direct Growth | 154007 | INF174V01CU4 | MAHI_MANU_INC_K9KHVC | 8 Dec 2025 | |
| Regular Growth | 154006 | INF174V01CR0 | MAHI_MANU_INC_ENWRRA | 8 Dec 2025 | |
| Direct IDCW | 154008 | INF174V01CV2 | INF174V01CW0 | MAHI_MANU_INC_L5A8K8 | 8 Dec 2025 |
| Regular IDCW | 154005 | INF174V01CS8 | INF174V01CT6 | MAHI_MANU_INC_1OAJF7C | 8 Dec 2025 |
This fund
- Scheme information document (opens in a new tab)The fund's objective, terms, costs and risks in full
Factsheet
- Fund Factsheet - August 2026 (opens in a new tab)Mahindra Manulife Mutual Fund, Aug 2026
Statement of additional information
- SAI Mahindra Manulife Mutual Fund (opens in a new tab)Mahindra Manulife Mutual Fund, Oct 2026
Annual report
- Mahindra Manulife Mutual Fund Annual Report FY 2025-26 (opens in a new tab)Mahindra Manulife Mutual Fund, Mar 2026
- Mahindra Manulife Mutual Fund ABRIDGED Annual Report FY 2025-26 (opens in a new tab)Mahindra Manulife Mutual Fund, Mar 2026
Riskometer disclosure
- Disclosure on Risk-o-meter level of schemes - FY - 2025-26 (opens in a new tab)Mahindra Manulife Mutual Fund, Mar 2026
Portfolio overlap disclosure
- Portfolio Overlap - September 2026 (opens in a new tab)Mahindra Manulife Mutual Fund, Sep 2026