Mahindra Manulife Mutual Fund has launched Mahindra Manulife Arbitrage Yojana
Aug 11 2020
News Category: AMC Specific Updates
Mahindra Manulife Mutual Fund has launched Mahindra Manulife Arbitrage Yojana. The NFO opens on Aug 12 and closes on Aug 19. The fund seeks to generate income by predominantly investing in arbitrage opportunities in the cash and derivatives segment of the equity market and the arbitrage opportunities available within the derivative segment and by investing the balance in debt and money market instruments. The scheme is benchmarked to Nifty 50 Arbitrage Index TRI and will be managed by Mr. Srinivasan Ramamurthy (equity) and Mr. Rahul Pal (debt).