Mahindra Manulife Income Plus Arbitrage Active FOF

Fund of FundsDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

Mahindra Manulife Income Plus Arbitrage Active FOF is a mutual fund run by Mahindra Manulife Mutual Fund. On 30-09-2026, it managed ₹11 Cr of investors' money.

NAV (Direct plan): ₹10.47; ▲ 0.09%30-10-2026
NAV (Regular plan): ₹10.42; ▲ 0.09%30-10-2026
Expense ratio: 0.19%Direct0.65%Regular; 0.19%; A year
Riskometer: Moderate; Set by the fund house
6 month return: 2.7%Direct2.5%Regular; 2.7%; Total

Mahindra Manulife Income Plus Arbitrage Active FOF NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹10.47 (up 0.09% that day); Regular Plan Growth ₹10.42 (up 0.09% that day).

This fund (Direct plan)

₹10.4722

Mahindra Manulife Income Plus Arbitrage Active FOF Returns

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−0.02%	+0.55%	+2.69%	--	--	--	--
This fund (Regular)	−0.05%	+0.43%	+2.45%	--	--	--	--
Category average	--	--	--	--	--	--	--
Best in category	--	--	--	--	--	--	--
Worst in category	--	--	--	--	--	--	--
Rank in category	--	--	--	--	--	--	--

No category comparison is shown: this fund's category is too broad to compare, or has fewer than five funds. This fund's benchmark is 60% CRISIL Composite Bond Index + 40% Nifty 50 Arbitrage (First Tier Benchmark). Returns of that index are not available to us.

Mahindra Manulife Income Plus Arbitrage Active FOF Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	+4.36%	+3.93%

Mahindra Manulife Income Plus Arbitrage Active FOF Expense Ratio and Costs

What each plan charges a year, in force from 21-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio
Direct	0.16%	0.00%	0.00%	0.03%	0.19%
Regular	0.56%	0.00%	0.00%	0.09%	0.65%

The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file.

Mahindra Manulife Income Plus Arbitrage Active FOF Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

100.0%Cash and others

Asset	Fund
Cash and others	100.0%

Mahindra Manulife Income Plus Arbitrage Active FOF Portfolio Holdings

As on 30-09-2026 · 3 holdings · from the fund house's monthly portfolio

Holdings	Sector	Weight%
Mahindra Manulife Short Term Fund -Direct Plan -Growth		56.92%
Mahindra Manulife Arbitrage Fund -Direct Plan -Growth		35.89%
Mahindra Manulife Dynamic Term Fund -Direct Plan -Growth		6.10%

Mahindra Manulife Income Plus Arbitrage Active FOF Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.19%
Expense ratio (Regular): 0.65%
Category: Fund of Funds
Risk: Moderate
Launch date: 05-12-2025
Minimum investment: ₹1,000
Minimum additional investment: ₹1,000
AUM: ₹10.52 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 154007
ISIN (Direct): INF174V01CU4
Scheme code (Regular): 154006
ISIN (Regular): INF174V01CR0
NAV history: From 08-12-2025, 0.9 years

Benchmark: 60% CRISIL Composite Bond Index + 40% Nifty 50 Arbitrage (First Tier Benchmark)
Exit load: Nil

Tax on Mahindra Manulife Income Plus Arbitrage Active FOF returns

How the gain is taxed depends on what the fund holds. A fund with 65% or more in Indian stocks is taxed as an equity fund: 20% within 1 year, 12.5% after, on gains above ₹1.25 lakh a year.
A fund with 65% or more in debt is taxed at your slab rate. Any other fund: your slab rate within 2 years, 12.5% after.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹10.4722	30-10-2026
direct	IDCW	₹10.4722	30-10-2026
regular	Growth	₹10.4247	30-10-2026
regular	IDCW	₹10.4247	30-10-2026

About Mahindra Manulife Income Plus Arbitrage Active FOF

Mahindra Manulife Income Plus Arbitrage Active FOF is a mutual fund from Mahindra Manulife Mutual Fund. Its category is Fund of Funds. It was launched on 05-12-2025. Its benchmark is 60% CRISIL Composite Bond Index + 40% Nifty 50 Arbitrage (First Tier Benchmark). At the end of September 2026 it held 3 securities.

Fund Manager

Amit Garg
Fund manager of Mahindra Manulife Income Plus Arbitrage Active FOF, since 05-12-2025
Rahul Pal
Fund manager of Mahindra Manulife Income Plus Arbitrage Active FOF, since 05-12-2025
Mitul Doshi
Fund manager of Mahindra Manulife Income Plus Arbitrage Active FOF, since 05-12-2025

See all funds of Mahindra Manulife Mutual Fund

AUM change

September 2026: ₹10.52 Cr; −17.68% from August 2026
August 2026: ₹12.78 Cr; −26.38% from July 2026
July 2026: ₹17.36 Cr; −4.09% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Frequently Asked Questions for Mahindra Manulife Income Plus Arbitrage Active FOF

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

The Direct plan NAV is ₹10.4722. The Regular plan NAV is ₹10.4247, as on 30-10-2026.

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

The Direct plan charges 0.19% a year. The Regular plan charges 0.65% a year. This is the figure the fund house reported to AMFI, in force from 21-10-2026.

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

Mahindra Manulife Income Plus Arbitrage Active FOF managed ₹10.52 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Mahindra Manulife Income Plus Arbitrage Active FOF?

At the end of September 2026 the largest holdings were Mahindra Manulife Short Term Fund -Direct Plan -Growth (56.92%), Mahindra Manulife Arbitrage Fund -Direct Plan -Growth (35.89%), Mahindra Manulife Dynamic Term Fund -Direct Plan -Growth (6.10%). The fund held 3 securities in all.

How do I invest in Mahindra Manulife Income Plus Arbitrage Active FOF?

Through Mahindra Manulife Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹1,000. You can invest once or through a monthly SIP.

Who is the fund manager of Mahindra Manulife Income Plus Arbitrage Active FOF?

Amit Garg (since 05-12-2025), Rahul Pal (since 05-12-2025), Mitul Doshi (since 05-12-2025).

What is the exit load of Mahindra Manulife Income Plus Arbitrage Active FOF?

Nil

Does Mahindra Manulife Income Plus Arbitrage Active FOF have a lock-in period?

No. You can redeem your units on any business day. An exit load may still apply.

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.