Mahindra Manulife Mutual Fund has launched a new fund of funds scheme — Mahindra Manulife Income Plus Arbitrage Active FOF, open for subscription from 21st November to 28th November 2025. The fund offers a moderate risk profile and invests in a mix of actively managed debt and arbitrage mutual fund schemes.
The objective is to create a portfolio that aims for long-term capital appreciation while maintaining relative stability through diversified exposure.
Key NFO Details
| Detail | Information |
| Fund Name | Mahindra Manulife Income Plus Arbitrage Active FOF |
| NFO Period | 21 Nov 2025 to 28 Nov 2025 |
| Allotment Date | 05 Dec 2025 |
| Category | Others |
| Risk Level | Moderate |
| Fund Type | Open-ended |
| Benchmark | Not specified |
| Minimum Investment | ₹10,000 (lumpsum), ₹3,000 (SIP) |
| Exit Load | 0% |
Investment Objective
The scheme seeks to generate long-term capital appreciation by investing in a portfolio of actively managed debt-oriented schemes and arbitrage mutual fund schemes.
How Does This Compare with the Category?
| Time Period | Category Avg. Returns (CAGR) |
| 1 Year | 12.78% |
| 2 Years | 9.99% |
| 3 Years | 17.9% |
| 4 Years | 18.72% |
| 5 Years | 18.57% |
| 7 Years | 19.63% |
| 10 Years | 16.46% |
These figures reflect the historical returns of the category and serve as a reference point for evaluating the potential of this new offering.
Top Performing Funds in This Category
| Fund Name | Fund Size | Returns |
| ICICI Prudential Manufacturing Fund | ₹6,715 Cr | 26% p.a. (5Y) |
| UTI Transportation and Logistics Fund | ₹4,008 Cr | 23% p.a. (5Y) |
| Aditya Birla Sun Life Manufacturing Equity Fund | ₹1,115 Cr | 17% p.a. (5Y) |
These funds offer context on established performers within the broader category.
Should You Invest in This NFO?
You may consider this NFO if:
• You want a moderate-risk fund balancing stability and growth potential.
• You prefer a mix of arbitrage opportunities and debt strategy for relatively steady returns.
• You want a professionally managed allocation across existing mutual fund schemes.
Since NFOs do not have a performance record, they are better suited for investors who understand the strategy and are comfortable with the fund’s structure.
About Mahindra Manulife Mutual Fund
Mahindra Manulife Mutual Fund manages ₹31,673 Cr AUM (as of Sept 30, 2025) across 25 schemes.
Fund Managers
- Rahul Pal
- Amit Garg
Fund House Details
| Detail | Information |
| No. of Schemes | 25 |
| Total AUM | ₹31,673 Cr |
| Address | 1st Floor, Sadhana House, 570 P.B. Marg, Worli, Mumbai – 400018 |
| Phone | 022-66327900 |
More Funds from Mahindra Manulife Mutual Fund
| Fund Name | AUM | 1Y | 5Y |
| Mahindra Manulife Manufacturing Fund | ₹799 Cr | 3.11% | N.A. |
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Final Thoughts
The Mahindra Manulife Income Plus Arbitrage Active FOF NFO offers an option for investors seeking a moderate-risk investment that blends the benefits of debt and arbitrage strategies. It may suit those looking for steadier returns without aggressive equity exposure.
Evaluate your financial objectives and risk comfort before investing in this NFO.
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