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Appreciating racing against four opponents, Missile Mantra has made an impressive racing return taking out the Neds Filter Form Handicap at Caulfield.

Missile Mantra looks set for a good campaign producing a barnstorming finish to record a first-up win at Caulfield. 

Having her first start since winning the Group 3 Summoned Stakes (1500m) at Sandown last November, Missile Mantra returned victorious in the Neds Filter Form Handicap (1200m) on Saturday. 

Against four opponents, Missile Mantra settled last in the field before Mark Zahra improved his position coming to the turn. 

Four-wide on straightening, Missile Mantra ($4.20) let down strongly, racing to a 1-¾ length win from Fabric ($6) with Simply Optimistic ($4.40) a length away third. 

Andrew Angelone, representing trainers Peter and Paul Snowden, said Missile Mantra had a setback early in the campaign which delayed her racing return. 

"She's been trialling up a storm but she started off the prep with a bit of a niggle and an infection in a leg and it has taken time to get her back," Angelone said. 

"She come back in great order and I thought she'd run really well. 

"Dollar For Dollar and Native Soldier are very nice sprinters and she was close enough to them as she normally she gets too far back in big fields, but that's the way she needs to be ridden. 

"Today it seemed to work out perfectly." 

Angelone said the stable would be guided by the mare's recovery from Saturday's win, but he said there was options in Sydney and Brisbane. 

Dollar For Dollar was looked upon as one of the better bets on Saturday's program in some quarters and was sent off the $2.70 favourite, but after leading finished last, more than eight lengths from the winner. 

Co-trainer Calvin McEvoy was at a loss to explain the performance and asked Racing Victoria veterinary staff to scope the gelding.