Fund Factsheet April 2024

FACTSHEET
April 2024
GOOD HABITS OF
INVESTMENTS
Wake up early Work out daily

& Do much more with your day. to improve your Health.
Start a SIP early Invest regularly

& do much more with your pay. to improve your Wealth.
Drink 2-3 litres of water daily,

to Stay Hydrated.
Keep a close eye on
your investments,
to Stay Updated.
SIP = Systematic Investment Plan

Cno. 02008
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
INDEX
Contents Page No.
How to Read Factsheet 1
Samvaad 2-5
Equity & Fund of Fund Scheme Snapshot
Scheme Name Scheme Category
Equity Funds/Fund of Fund
Mahindra Manulife ELSS Tax Saver Fund ELSS 6
Mahindra Manulife Multi Cap Fund Multi Cap 7
Mahindra Manulife Mid Cap Fund Mid Cap 8
Mahindra Manulife Consumption Fund Thematic 9
Mahindra Manulife Large Cap Fund Large Cap 10
Mahindra Manulife Large & Mid Cap Fund Large and Mid Cap 11
Mahindra Manulife Focused Fund Focused 12
Mahindra Manulife Flexi Cap Fund Flexi Cap 13
Mahindra Manulife Small Cap Fund Small Cap 14
Mahindra Manulife Business Cycle Fund Thematic Fund 15
Mahindra Manulife Asia Pacific REITs FOF FOF (Overseas) 16
Hybrid Funds
Hybrid Scheme Snapshot
Mahindra Manulife Equity Savings Fund Equity Savings Fund 17
Mahindra Manulife Aggressive Hybrid Fund Aggressive Hybrid 18
Mahindra Manulife Balanced Advantage Fund Dynamic Asset Allocation 19
Mahindra Manulife Multi Asset Allocation Fund Multi Asset Allocation 20
Mahindra Manulife Arbitrage Fund Hybrid - Arbitrage 21
Debt Funds
Debt Scheme Snapshot
Mahindra Manulife Liquid Fund Liquid 22
Mahindra Manulife Low Duration Fund Low Duration 23
Mahindra Manulife Dynamic Bond Fund Dynamic Bond 24
Mahindra Manulife Overnight Fund Overnight 25
Mahindra Manulife Ultra Short Duration Fund Ultra Short Duration 26
Mahindra Manulife Short Duration Fund Short Duration 27
Riskometers 28-29
Potential Risk Class Matrix (PRC) 30
Fund Performance 31-33
SIP Performance 34-36
How to Read Factsheet

Fund Manager: An employee of the asset management company such as a mutual fund Macaulay Duration: It measures the average time that would be taken to receive the
of the insurer, who manages investments of the scheme. He is usually part of larger cash flows from the invested instrument. It is the weighted average term to maturity of
team of fund managers and research analysts. the cash flows from an instrument. Macaulay Duration is a measure of interest rate
Application Amount for fresh Subscription: This is the minimum investment amount sensitivity of a fixed income instrument. Higher the Macaulay Duration, higher would be
for a new investor in mutual fund scheme. the interest rate risk. For a detailed understanding of calculations, please refer page no
33 of SID of Mahindra Manulife Low Duration Fund.
Minimum Additional Amount: This is the minimum investment amount for an existing
investor in a mutual fund scheme. Standard Deviation: Standard Deviation is a statistical measure of the range of an
investment’s performance. When a mutual fund has a high standard deviation, it means
SIP: SIP or systematic investment plan works on the principle of making periodic its range of performance is wide, implying greater volatility.
investment of affixed sum. It works similar to a recurring bank deposit. For instance, an
investor may opt for an SIP that invests Rs. 500 every 15th of the month in an equity Sharpe Ratio: The Sharpe Ratio, named after its founder, the Nobel Laureate William
fund for a period of three years. Sharpe, is a measure of risk-adjusted returns. It is calculated using standard deviation
and excess return to determine reward per unit of risk.
NAV: The NAV or the net asset value is the total asset value per unit of the mutual fund
after deducting all related and permissible expenses. The NAV is calculated at the end of Beta: Beta is a measure of an investment’s volatility vis-à-vis the market. Beta of less
every business day. It is the value at which the investor enters or exits the mutual fund. than 1 means that the security will be less volatile than the market. A beta of greater
than 1 implies that the security’s price will be more volatile than the market.
Benchmark: A group of securities, usually a market index, whose performance is used
as a standard or benchmark to measure investment performance of mutual funds, AUM: AUM or asset under management refers to the recent / updated cumulative
among other investments. Some typical benchmarks include the Nifty, Sensex, BSE market value of investments managed by a mutual fund or any investment firm.
200, BSE 500, 10- year GSec. Holdings: The holdings or the portfolio is a mutual fund’s latest or updated reported
Entry Load: A mutual fund may have a sales charge or load at the time of entry and / statement of investments/ Securities. These are usually displayed in terms of
or exit to compensate the distributor / agent. Entry load is charged at the time an percentage to net assets or the rupee value or both. The objective is to give investors
investor purchases the units of a mutual fund. The entry load is added to the prevailing an idea of where their money is being invested by the fund manager.
NAV at the time of investment. Nature of Scheme: The investment objective and underlying investments determine
For instance, if the NAV is Rs. 100 and the entry load is 1%, the investor will enter the the nature of the mutual fund scheme. For instance, a mutual fund that aims at
fund at Rs. 101. Note: SEBI, vide circular dated June 30, 2009 has abolished entry load generating capital appreciation by investing in stock markets is an equity fund or
and mandated that the upfront commission to distributors will be paid by the investor growth fund. Likewise, a mutual fund that aims at capital preservation by investing in
directly to the distributor, based on his assessment of various factors including the debt markets is a debt fund or income fund. Each of these categories may have
service rendered by the distributor. sub-categories.
Exit load: Exit load is charged at the time an investor redeems the units of a mutual Rating Profile: Mutual funds invest in securities after evaluating their creditworthiness
fund. The exit load is deducted from the prevailing NAV at the time of redemption. For as disclosed by the ratings. A depiction of the mutual fund in various investments based
instance, if the NAV is Rs. 100 and the exit load is 1%, the redemption price would be on their ratings becomes the rating profile of the fund. Typically, this is a feature of
Rs. 99 per unit. debt funds.
Modified Duration: Modified duration is the price sensitivity and the percentage change Yield to Maturity: The Yield to Maturity or the YTM is the rate of return anticipated on
in price for unit change in yield. a bond if held to maturity. YTM is expressed as an annual rate. The YTM factors in the
bond’s current market price, par value, coupon interest rate and time to maturity.
1
SAMVAAD
Market Outlook | April 2024
Markets domestically remain on a wait and watch: the reasons are many. It awaits the election
results, hopeful of a good monsoon and the global monetary actions. Sometimes such phases may
be unsettling but in the markets, patience is a essential virtue and thus for the market participants:
we bide our time.
EQUITY MARKET OUTLOOK
MOMENT OF THE MONTH:
 Vodafone-Idea FPO (Follow-on Public Offer): The Company floated one of the largest FPOs in India worth Rs18000Crs and
received a record subscription of approx. Rs 180,000Crs. The Company has been losing market share and reporting losses for
last few years and has a negative networth of approx. Rs 1lakh Crs. The investor optimism for the stock was remarkable and
lifted sentiments for the entire telecom sector.
 Nifty Mid & Small-cap index rallied to new highs recovering from lows of March to gain 6% and 11% respectively in the
month of April.
 Gross GST Collections for Apr 2024 came in at the highest ever at Rs 2.1 lac Crs representing a growth of 12.4% yoy. Net
GST collections (adj. for refunds) stands at Rs 1.92 lac Crs an impressive growth of 15.5% yoy.
 Monetary Policy Moves: The RBI at its April policy meet kept repo rates unchanged at 6.5%. RBI also retained GDP growth
forecast of 7% for FY24-25 and Consumer Price Index (CPI) inflation is projected to decline to 4.5% in FY24-25 from 5.4% in
FY23-24.
Source: Bloomberg/RBI
WHO MOVED MARKETS
 FPIs, having been net sellers for the month. They have sold approx. 1.1bn$ in cash market in April. DIIs (Domestic Institutional
Investors) have more than matched the sell flows for the month with a cash buy of 5.3bn$.
 The Small cap & Midcap indices bounced back sharply post March fall and outperformed Nifty in April.
 Nifty Metals & Realty were the best performing indices for the month rallying 11% and 8% resp.
 The biggest drag of the month has been the IT sector as companies reported muted growth and didn’t give any encouraging
guidance.
Source: RBI, Date April 30, 2024.
2
MOVERS & SHAKERS
India Index
14.0%
12.0%
10.0%
8.0%
Performance
6.0%
4.0%
2.0%
0.0%
-2.0%
-4.0%
-6.0%
S&P Bse Nift y Nifty Nift y Nift y
Nift y Nift y Nift y Nift y Nift y Nift y Nift y BSE BSE S mall BSE 250
Sensex Nift y 50 Nift y Aut o Financial Nift y IT Commodities Midcap Small Cap
Bank FMCG Media Metal Realty Pharma Energy Midcap Cap Small Cap
Index Services 100 100
1 Mth Per for mance 1.1% 1.2% 5.0% 4.8% 4.1% 0.5% -4.9% 5.4% 11.1% 5.6% 8.1% -0.1% 3.4% 7.1% 9.6% 5.8% 11.4% 9.8%
Source: Bloomberg; Data as on April 30, 2024; Performance – Absolute returns
World Index
40.0%
35.0%
30.0%
Performance
25.0%
20.0%
15.0%
10.0%
5.0%
0.0%
-5.0%
-10.0%
-15.0%
Nasdaq
Dow Jones S&P 500 Ftse 100 Cac 40 Hang Seng
Composit e Dax Index Nikkei 225 Nift y 50
Indus. Avg Index Index Index Index
Index
1 Mth Per for mance -5.0% -4.2% -4.4% 2.4% -2.7% -3.0% -4.4% 7.4% 1.2%
1 Yr Per for mance 10.9% 20.8% 28.1% 3.5% 6.6% 12.6% 33.1% -10.7% 25.1%
Source: Bloomberg; Data as on April 30, 2024; Performance – Absolute returns
PERFORMANCE SNAPSHOT OF SECTORAL INDICES – QUARTER ON QUARTER
Mar-20 Jun-20 Sep-20 Dec-20 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 Mar-24 Apr-24
Nifty 50 -29.3 19.8 9.2 24.3 5.1 7 12.1 -1.5 0.6 -9.6 8.3 5.9 -4.1 10.5 2.3 10.7 2.7 1.2
Nifty Midcap 100 -31.6 25.6 15.5 22.7 13.7 13.8 12.7 0.2 -2.5 -10.9 15.9 2.7 -4.7 19 13.4 13.9 4.1 5.8
Nifty Small Cap 100 -38.4 28.4 26.2 21.7 14.5 20 11.9 3.7 -7.6 -19.1 11.8 3.1 -7.6 20.5 17.6 18.8 0.8 11.4
Note - Yellow highlighted cells represent highest returns amongst the 3 indices provided above, for the respective quarter end periods.
Source: Bloomberg Data as on April 30, 2024
Mar-20 Jun-20 Sep-20 Dec-20 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 Mar-24 Apr-24
Nifty Auto -42.6 42 17.7 16.3 7.3 7.5 0 3.2 -3.5 10.9 8.5 -0.7 -2.9 23.7 6.8 15 15 5
Nifty Bank -40.5 11.6 0.4 45.7 6.5 4.4 7.6 -5.2 2.5 -8.1 15.6 11.3 -5.5 10.2 -0.4 8.3 -2.4 4.8
Nifty Fin Services -36 13.4 0.6 43.2 3.3 4.6 11.3 -5.3 -1.1 -9.8 13.1 8.4 -4.9 11.1 -1.2 8.5 -2.3 4.1
Nifty FMCG -9.3 10 -0.7 14.5 2.2 3.3 12 -7 -3.4 3.8 17.9 -0.5 3.9 13.7 -1.1 10.4 -5.3 0.5
Nifty IT -18.5 15.6 35.2 21.6 6.6 12.8 20.1 10.5 -6.2 -23.3 -3.1 6.1 0.3 3 7.5 11.7 -1.7 -4.9
Nifty Media -42.3 29.2 15.2 6.5 -6.3 16.3 19 3.8 7.2 -20.3 8.7 -3.4 -14.7 2.6 30.1 5.3 -24.8 5.4
Nifty Metal -43.4 25.6 12.6 45.1 22.2 31.1 7.6 -1.6 16.3 -27.4 23.8 16.6 -18.2 12.9 10.1 16.6 3.5 11.1
Nifty Commodities -33.1 24.6 8.8 22.2 17.7 14.9 10.9 -2.1 7.4 -16.2 10.8 6.9 -6.6 8.6 7.5 18.9 8 5.6
Nifty Realty -41.2 15.5 4.6 48.1 6.5 2.9 49.4 -5.8 -4.3 -16.9 10 1.8 -10.3 34.2 10.7 36 15 8.1
Nifty Pharma -10.7 39.1 17.9 9.7 -5 16.6 1.1 -1.7 -4.5 -10.5 6.7 -2.9 -4.6 14.6 12 9.1 12.9 -0.1
Nifty Energy -30.1 29.4 4.4 12.6 7.5 9 15.3 -1 14.1 -2.8 1.9 1.1 -11.8 8.2 10.6 22.5 16.6 3.4
Note - Cells highlighted in green colour represents top 2 performers and the pink highlighted cells represent bottom 2 performers amongst the indices covered above for the respective quarter
end periods.
Source: Bloomberg. Returns have been calculated on Absolute basis for respective quarter end periods beginning Mar 2020 until March 2024. The data provided above is for illustrative purpose
only and should not be construed as a promise on minimum returns and safeguard of capital. Mahindra Manulife Investment Management Company Private Limited/Mahindra Manulife Mutual Fund
is not guaranteeing or forecasting any returns. Past performance may or may not be sustained in future.
3
MARKET CAPITALIZATION - PERFORMANCE SNAPSHOT
150%
107%
99%
87%
100%
77%
76%
59%
57%
56%
56%
55%
55%
47%
47%
46%
42%
40%
39%
37%
31%
50%
29%
29%
28%
4%
24%
22%
21%
12.3%
20%
19%
10.1%
18%
18%
15%
12%
4%
4.0%
7%
7%
7%
6%
3%
3%
2%
0%
-4%
-4%
-5%
-8%
-10%
-14%
-15%
-25%
-29%
-31%
-34%
-50%
-52%
-59%
-71%
-100%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 CYTD2024
Nifty 50 Nifty Midcap 100 Nifty Smallcap 100
Source: ICRA. Data period: 1st January 2006 till 30th April 2024. Returns are absolute returns (1 year) calculated as of the last business day of every calendrer year end. The data provided above is for
illustrative purpose only and should not be construed as a promise on minimum returns and safeguard of capital. Mahindra Manulife Investment Management Private Limited/Mahindra Manulife Mutual Fund is not
guaranteeing or forecasting any returns. Past performance may or may not be sustained in future.
FIXED INCOME OUTLOOK
BOND AND MONEY MARKET

We present a matrix detailing some movement in some key market (Domestic and global) and key event:
Parameters 30-April-24 28-Mar-24 28-April-23
RBI Repo Rate % 6.5 6.5 6.5
5Y AAA PSU % 7.74 7.65 7.48
1 year CD % 7.54 7.62 7.46
10Y Gsec % 7.19 7.06 7.12
CPI (%) 4.85 5.09 5.66
IIP (YoY) % 5.67 3.8 5.56
US 10Y % 4.68 4.2 3.42
Dollar Rupee 83.44 83.4 81.83
Source: Bloomberg; Data as on April 30, 2024
FIXED INCOME IN A GLANCE

It was a difficult April for the domestic bond markets. The benchmark 10-year gilt yields moved up by around 13 basis points (bps)
to close at 7.15 %. Rising commodity prices and higher US treasury rates weighed down on market sentiments. Corporate Bond
rates too drifted up with 5-year bonds increasing by around 9 bps to close around 7.74%.Retail CPI inflation was printed lower at
4.85% with consumer food Inflation continued at high of 8.52% . Core inflation continued to remain stable around 3.30%. A stable
and slowing core inflation provided some respite to the domestic bond market. Money Market continued an easing bias through the
month as rates eased by 8-10 bps through the month.
US treasury again spiked up with yields moving up by around 50 bps in the month to close at 4.68%.
Source: RBI, Date April 30, 2024
4
WHAT NEXT?
Post the sharp correction and valuation adjustments of March we saw that Mid
& Small caps resumed their rally ending the month near their lifetime highs.
FY24 Nifty EPS estimate is stable at Rs 980 growing at 21%yoy. FY25 EPS
estimate is Rs 1132 a growth of 16% yoy. Q4 result reporting season has
begun, and the estimates build in 6% EPS growth mostly led by double digit
growth from domestic cyclicals Auto & Financials and muted numbers from
metals & oil & gas. So far 28 of the 50 companies of Nifty have reported with a
sales/EBITDA/pat growth of 15%/11% and 12.7% respectively which keeps the
momentum strong for Nifty earnings.
Lok Sabha 2024 voting begins for the biggest democracy in the world. 2 of the 7 phases of Lok Sabha elections are over and
voter turnout at ~66% is about 200bps lower than 2019 elections increasing media decibels about the beneficiary of a lower
turnout.
Generally, markets rally in the run-up to elections and we have seen a good move in April so far and it may possibly continue till
election results and/or budget announcements.
We maintain that the Indian economy and markets continue to remain good for long term investors with valuations at times
interchanging between Green, Amber & Red for fresh investments. As we know, Asset allocation (equities vs debt vs other asset
classes like gold, silver etc) drives a significant portion of wealth creation and within the equity allocation, a smart choice between
Lumpsum (favourable valuation) & SIP (discipline) helps. Post the stupendous rally in Indian markets, we believe SIPs are better for
now and it is time to focus on asset allocation.
Market mood swings with Fundamentals, Flows & Sentiments are each taking their turn in leadership. Despite a positive fundamental
for investing, the choice of investing (no leverage) will always matter in short term trading (high leverage using derivatives). The
leveraged participation has its own cascading effect on way up and down. Currently the sentiments have created excess risk
appetite where use of leverage is very high and that’s something which typically runs the risk of an accident despite fundamentals
remaining intact. We need to be cautious about this trend “investing via leveraging”.
SUMMARISING OUR THOUGHTS
 The Monetary policy Committee (MPC) of RBI met in the first week of
April. The MPC kept all the rates and the stance unchanged. The MPC
projected average inflation at around 4.5% and GDP growth at 7%. The
MPC opined that the path of disinflation must move durably to 4% and
therefore the unchanged monetary policy stance. In our opinion, the MPC
may possibly shift the stance to neutral as we go through the year. It is
unlikely that the MPC would move ahead of US Fed in cutting the policy
rates.
 Globally interest rates have looked at askance at the US interest rates. The narrative continues to be in a flux with uncertainty
surrounding the inflation trajectory. However, despite the low unemployment numbers and an uncomfortable inflation print,
the data on credit card and auto loan delinquencies present an interesting dichotomy. We also believe, with China and European
economy may possibly show a sluggish growth, thereby creating a lower inflation trajectory globally.
 The rise in commodity prices along with the dollar index is currently a challenge to a softer regime bias. The US Fed, while
keeping policy rates unchanged, appears to be uncertain on the timing of the rate cut, with markets now restricting the
number of rate cuts in US to just two.
 While China announced a policy push for economy revival, they don’t seem to be large enough to put a sustained inflationary
pressure on commodity prices.
 Our portfolio strategy across our duration-oriented funds run in a similar vein a) Relatively heavy on duration (b) Bias towards
Gilts which is gradually shifting towards credits (c) A steepening of the Yield curve.
 We also believe that as credit spreads have increased and now merit a gradual look into the portfolio.
Source: Bloomberg, Data as on April 30, 2024.
Disclaimer: The information contained herein is not for distribution and do not constitute an offer to buy or sell or solicitation of an offer to buy or sell any schemes/
Units of Mahindra Manulife Mutual Fund / securities in the United States of America (‘US’) and/or Canada or for the benefit of US Persons (being persons falling within the
definition of the term “US Person” under the Securities Act of 1933 of the United States or as defined by the U.S. Commodity Futures Trading Commission, as amended)
Cno. .02005
or residents of Canada as defined under applicable laws of Canada.
5
Equity & Fund of Fund Scheme Snapshot - Page 1 of 2 Contd...
Data as on 30th April - 2024
Scheme Name
Mahindra Manulife Mahindra Manulife Mahindra Manulife Mahindra Manulife Mahindra Manulife
Multi Cap Fund ELSS Tax Saver Fund Mid Cap Fund Large Cap Fund Consumption Fund
Category Multi Cap Fund ELSS Mid Cap Fund Large Cap Fund Thematic
Inception Date May 11, 2017 October 18, 2016 January 30, 2018 March 15, 2019 November 13, 2018
Benchmark Nifty 500 Multicap 50:25:25 TRI

Nifty 500 TRI Index Nifty Midcap 150 Index TRI Nifty 100 Index TRI Nifty India Consumption TRI
Index
Fund Manager Manish Lodha & Fatema Pacha & Abhinav Khandelwal & Abhinav Khandelwal & Abhinav Khandelwal &
Fatema Pacha Manish Lodha Manish Lodha Fatema Pacha Fatema Pacha
AUM (` in cr.) 3,478.08 858.41 2,433.01 448.64 177.31

Total No of
Equity holdings
62 57 64 45 46
Top 5 Sectors Financial Services 18.91% Financial Services 27.19% Financial Services 21.30% Financial Services 32.66% Fast Moving Consumer Goods 31.91%
(% to Net Assets) Oil Gas & Consumable Fuels 11.50% Information Technology 10.97% Capital Goods Information Technology 11.81%
12.73% Consumer Services 18.06%
Capital Goods 10.33% Oil Gas & Consumable Fuels 8.42% Healthcare 10.64% Oil Gas & Consumable Fuels 11.22% Automobile and Auto 17.37%
Components
Construction 8.43% Automobile and Auto Components 6.37% Fast Moving Consumer Goods 8.62%
Metals & Mining 6.73% Telecommunication 10.70%
Telecommunication 6.38% Fast Moving Consumer Goods 6.22% Automobile and Auto Components 6.83%
Chemicals 6.33% Consumer Durables 7.49%
Top 10 Equity Holdings

(% to Net Assets)
33% 42% 26% 49% 40%
Market Cap (% to Equity Holdings)

3.21%
Small Cap 13.48%
16.97% 5.01%
Mid Cap 23.91%
28.22%
Large Cap
17.60%
As per the latest Market Capitalisation 14.04%
data provided by AMFI (In line with the
applicable SEBI guidelines) 28.18%
72.11%
91.78%
65.43% 62.05%
43.60%
14.41%
Value of Rs. 10,000 invested

in scheme since 1 Year
15,307 13,445 16,411 13,389 13,964
Value of Rs. 10,000 invested in
benchmark since 1 Year
14,783 13,926 15,924 13,225 13,982
Past performance may or may not be sustained in future and should not be used as a basis of comparison with other investments. The performance details provided herein are of Growth Option under Regular Plan and based on standard
investment of Rs. 10,000 made since inception. Different Plans i.e Regular Plan and Direct Plan under the scheme have different expense structure. Please refer Pg. no 31 to 36 of Factsheet for complete details of Scheme performance as per
SEBI prescribed format.
Equity & Fund of Fund Scheme Snapshot - Page 2 of 2
Scheme Name Mahindra Manulife Mahindra Manulife Mahindra Manulife Mahindra Manulife Mahindra Manulife Mahindra Manulife
Large & Mid Cap Fund Focused Fund Flexi Cap Fund Asia Pacific REITs FOF Small Cap Fund Business Cycle Fund
Category Large &
Focused Fund Flexi Cap Fund FOF (Overseas) Small cap Fund Thematic
Mid Cap Fund
Inception Date December 30, 2019 November 17, 2020 August 23, 2021 October 20, 2021 December 12, 2022 September 11, 2023
Benchmark Nifty Large Midcap 250 FTSE EPRA Nareit Asia ex

NSE 500 Index TRI Nifty 500 Index TRI S&P BSE 250 Small Cap TRI NIFTY 500 TRI
TRI Index Japan REITs Index
Fund Manager Mr. Krishna Sanghavi,

Manish Lodha & Krishna Sanghavi & Fatema Pacha & Mr. Pranav Patel^ & Mr. Abhinav Khandelwal &
Mr. Renjith Sivaram &
Abhinav Khandelwal Fatema Pacha Manish Lodha Amit Garg Mr. Manish Lodha
Mr. Pranav Patel^
AUM (` in cr.) 2,142.54 1,339.01 1,291.78 21.40 3,971.09 826.97
Total No of
Equity holdings
59 30 58 1 73 61
Top 5 Sectors
(% to Net Assets) Financial Services 18.80% Financial Services 27.52% Financial Services 27.47%
International 98.71%
Capital Goods 17.53% Financial Services 21.69%
Oil Gas & Consumable Fuels 12.15% Oil Gas & Consumable Fuels 15.57% Information Technology 11.48% Financial Services 13.13% Oil Gas & Consumable Fuels 12.05%
Mutual Fund Units
Capital Goods 12.06% Fast Moving Consumer Goods Oil Gas & Consumable Fuels 7.21% Metals & Mining 6.99%
11.36% Metals & Mining 8.41%
Automobile and Auto 6.18%
Healthcare 10.29% Information Technology 7.91% Components
Cash & Other Fast Moving Consumer Goods 6.86% Healthcare 8.37%
Fast Moving Consumer Goods 6.12% 1.29%
Telecommunication 7.34% Automobile and Auto 6.20% Receivables Construction Materials 4.30%
Components Information Technology 7.70%

(% to Net Assets) 33% 51% 41% 99% 24% 29%
Market Cap (% to Equity Holdings)

Small Cap 9.74% 8.36%
20.16%
Mid Cap 13.85% 32.53%
Large Cap
As per the latest Market Capitalisation 39.27% 17.68%
data provided by AMFI (In line with the
applicable SEBI guidelines) 80.69% 20.90%
77.79%
62.16%
50.99% 46.57%
6.62%
12.69%

scheme since 1 Year
15,199 15,027 13,857 8,801 17,135 N.A.

benchmark since 1 Year
14,541 13,926 13,926 8,918 16,337 N.A.
Past performance may or may not be sustained in future and should not be used as a basis of comparison with other investments. The performance details provided herein are of Growth Option under Regular Plan and based on standard
investment of Rs. 10,000 made since inception. Different Plans i.e Regular Plan and Direct Plan under the scheme have different expense structure. Please refer Pg. no 31 to 36 of Factsheet for complete details of Scheme performance as per
SEBI prescribed format. ^Dedicated Fund Manager for Overseas Investments.
Mahindra Manulife
FACTSHEET
ELSS Tax Saver Fund
April 2024
(An open ended equity linked saving scheme
with a statutory lock in of 3 years and tax benefit)
Investment Objective Portfolio ( Top Ten Holdings - Issuer wise) as on April 30, 2024
The investment objective of the Scheme is to Company / Issuer % of Net Assets Company / Issuer % of Net Assets
generate long term capital appreciation through a
Automobile and Auto Components 6.37 Axis Bank Ltd. 2.21
diversified portfolio of equity and equity related
securities. The Scheme does not guarantee or Maruti Suzuki India Ltd. 2.70 Bank of Baroda 1.41
assure any returns. UNO Minda Ltd. 1.30 The South Indian Bank Ltd. 1.10
Schaeffler India Ltd. 1.23 L&T Finance Ltd. 0.97
Fund Features Tata Motors Ltd. 1.14 Union Bank of India 0.75
Capital Goods 4.97 Healthcare 4.22
Potential Capital Appreciation: Scheme invests in
a diversified equity portfolio thereby offering the Honeywell Automation India Ltd. 1.47 Piramal Pharma Ltd. 1.34
investor, possibility of growing their investments. CG Power and Industrial Solutions Ltd. 1.25 Lupin Ltd. 1.07
Tax Benefit: Investments in this scheme are Graphite India Ltd. 1.10 Alembic Pharmaceuticals Ltd. 0.98
entitled for tax deduction under section 80C. Ratnamani Metals & Tubes Ltd. 0.85 GlaxoSmithKline Pharmaceuticals Ltd. 0.83
Possibility of saving upto Rs. 51,480/-*. ABB India Ltd. 0.30 Information Technology 10.97
Lock-in Feature: This feature endeavors to Chemicals 1.98 Infosys Ltd. 4.73
protect your investments from impact of short Navin Fluorine International Ltd. 1.00 Tata Consultancy Services Ltd. 2.92
term market volatility. Lock-in of only 3 years! Vinati Organics Ltd. 0.99 LTIMindtree Ltd. 1.34
Other traditional tax savings options may have Construction 4.89 Wipro Ltd. 1.13
longer holding periods. Larsen & Toubro Ltd. 3.29 Cyient Ltd. 0.84
*Assuming investor uses the entire ₹ 1.50 lac limit available under Kalpataru Projects International Ltd. 1.60 Metals & Mining 2.81
Section 80C of the Income Tax Act 1961 for investing in Mahindra
Manulife ELSS Tax Saver Fund. The tax benefit is calculated on the Construction Materials 1.64 Hindalco Industries Ltd. 1.80
basis of current applicable tax rates under the old regime, ignoring Shree Cement Ltd. 1.64 Kirloskar Ferrous Industries Ltd. 1.01
marginal relief on surcharge, if any, for net taxable income
between ₹ 50 lacs and ₹ 1 crore. The Finance Act 2020 has
Consumer Durables 4.78 Oil Gas & Consumable Fuels 8.42
introduced a new income tax regime at concessional tax rates for Voltas Ltd. 2.16 Reliance Industries Ltd. 4.79
individual taxpayers. However, the option for such concessional
Crompton Greaves Consumer Electricals Ltd. 1.39 Oil & Natural Gas Corporation Ltd. 1.33
tax regime requires the taxpayer to forego certain solicited
deductions including deduction u/s 80C of Income Tax Act. 1961. Asian Paints Ltd. 1.24 Coal India Ltd. 1.28
Please consult your financial / tax advisor before investing. Consumer Services 4.17 Indraprastha Gas Ltd. 1.02
Info Edge (India) Ltd. 1.27 Power 2.52
Fund Manager And Avenue Supermarts Ltd. 1.23 NTPC Ltd. 2.52
Experience
Restaurant Brands Asia Ltd. 1.01 Realty 0.88
Fund Manager: Ms. Fatema Pacha
Thomas Cook (India) Ltd. 0.66 DLF Ltd. 0.88
Total Experience: 18 years
Fast Moving Consumer Goods 6.22 Services 1.67
Experience in managing this fund: 3 years and
6 months (managing since October 16, 2020) Britannia Industries Ltd. 1.89 Delhivery Ltd. 0.89
Hindustan Unilever Ltd. 1.53 Mahindra Logistics Ltd. 0.78
Fund Manager: Mr. Manish Lodha
Total Experience: 23 years Colgate Palmolive (India) Ltd. 1.04 Telecommunication 1.57
Experience in managing this fund: 3 years and Marico Ltd. 0.91 Indus Towers Ltd. 1.57
4 months (Managing since December 21, 2020) Gillette India Ltd. 0.85 Textiles 2.11
Financial Services 27.19 K.P.R. Mill Ltd. 1.09
Portfolio Stats HDFC Bank Ltd. 7.65 Arvind Ltd. 1.02
ICICI Bank Ltd. 7.25 Equity and Equity Related Total 97.40
Portfolio Turnover Ratio (Last one year): 0.85 State Bank of India 2.93 Cash & Other Receivables 2.60
Standard Deviation: 12.89% IndusInd Bank Ltd. 2.92 Grand Total 100.00
Beta: 0.92
Sharpe Ratio#: 0.97
Jenson’s Alpha: 0.0302
#Risk-free rate assumed to be 6.75% (MIBOR as on SECTOR ALLOCATION (%) MARKET CAPITALIZATION
30-04-24).
Financial Services 27.19 (% of Equity Holdings)
Source: www.mmda.org
Information Technology 10.97
Note: As per AMFI guidelines for factsheet, the ratios are
Oil Gas & Consumable Fuels
calculated based on month rolling returns for last 3 years. 8.42
Data as on April 30, 2024. Automobile and Auto Components 6.37
Fast Moving Consumer Goods 6.22
Scheme Details Capital Goods 4.97
Construction 4.89 65.43 - Large Cap
Date of allotment: October 18, 2016 Consumer Durables 4.78
Benchmark: Nifty 500 TRI Index Healthcare 4.22 17.60 - Mid Cap
Consumer Services 4.17
Option: IDCW (IDCW Option will have only
Metals & Mining 2.81 16.97 - Small Cap
IDCW Payout facility) and Growth (D) D- Default
Power 2.52
Minimum Application Amount: Rs. 500 and in Textiles 2.11
multiples of Rs. 500 thereafter Chemicals 1.98
Minimum Additional Purchase Amount: Rs. 500 and Services 1.67
in multiples of Rs. 500 thereafter Construction Materials 1.64 Data as on April 30, 2024
Telecommunication 1.57
Minimum Repurchase Amount: Rs. 500 or 50 units
Realty 0.88
or account balance, whichever is lower As per the latest Market Capitalisation data provided by AMFI
Minimum Weekly & Monthly SIP Amount: Rs 500 Data as on April 30, 2024 (In line with the applicable SEBI guidelines)
and in multiples of Rs 500 thereafter
Minimum Weekly & Monthly SIP installments: 6
Minimum Quarterly SIP Amount: Rs 1,500 and
IDCW History
in multiples of Rs 500 thereafter IDCW Face Value Cum-IDCW NAV
Minimum Quarterly SIP installments: 4
Record Date Plan(s) / Option(s)
(Rs. per unit) (Rs. per unit) (Rs. per unit)
Monthly AAUM as on April 30, 2024
(Rs. in Cr.): 840.65 17-Mar-22 Regular IDCW 1.00 10 14.8463
Monthly AUM as on April 30, 2024 17-Mar-22 Direct IDCW 1.00 10 16.6096
(Rs. in Cr.): 858.41
27-Feb-23 Regular IDCW 1.00 10 14.9950
Total Expense Ratio 1
Regular Plan: 2.18%
as on April 30, 2024: Direct Plan: 0.60% 27-Feb-23 Direct IDCW 1.00 10 17.1833
Load Structure: 14-Mar-24 Regular IDCW 1.00 10 18.2013
Entry Load: N.A.
Exit Load: Nil 14-Mar-24 Direct IDCW 1.00 10 21.4077
Pursuant to payment of IDCW, the NAV of the IDCW Option(s) of the Scheme/Plan(s) falls to the extent of payout and
statutory levy, if any. Past performance may or may not be sustained in future and should not be used as a basis for
comparison with other investments.
For complete list of IDCWs, visit www.mahindramanulife.com.
NAV as on April 30, 2024:
1
Includes additional expenses charged in terms of Regulation 52(6A)(b) of SEBI (Mutual Funds) Regulations, 1996 and Goods and
Services Tax.
Regular Plan Direct Plan
NAV/Unit IDCW: Income Distribution cum Capital Withdrawal.
(In Rs.) (In Rs.)
Note: The Finance Act 2020 has introduced a new income tax regime at concessional tax rates for individual taxpayers. However, the
IDCW 17.8479 21.2316 option for such concessional tax regime requires the taxpayer to forego certain specified deductions including deduction u/s 80C of
Income Tax Act, 1961
Growth 25.9474 29.8606 Please refer Page no. 28 for Product labelling and Benchmark Riskometer
6
Mahindra Manulife
FACTSHEET
Multi Cap Fund
April 2024
(Multi Cap Fund- An open ended equity scheme
investing across large cap, mid cap, small cap stocks)
provide medium to long term capital appreciation
Automobile and Auto Components 4.81 ICICI Bank Ltd. 0.99
through appropriate diversification and taking low
risk on business quality. The diversified portfolio Tata Motors Ltd. 2.83 Bandhan Bank Ltd. 0.97
would predominantly consist of equity and equity Eicher Motors Ltd. 1.98 Punjab National Bank 0.95
related securities including derivatives. However, Capital Goods 10.33 The South Indian Bank Ltd. 0.93
there can be no assurance that the investment Titagarh Rail Systems Ltd. 1.92 CreditAccess Grameen Ltd. 0.88
objective of the Scheme will be achieved.
Kaynes Technology India Ltd. 1.47 Cholamandalam Financial Holdings Ltd. 0.77
Garden Reach Shipbuilders & Engineers Ltd. 1.42 Jio Financial Services Ltd. 0.65
Fund Features PTC Industries Ltd. 1.36 360 One WAM Ltd. 0.45
Prudent portfolio of investments across Hitachi Energy India Ltd. 1.31 ICICI Securities Ltd. 0.40
companies and sectors. KEI Industries Ltd. 1.31 Forest Materials 1.78
Actively managed by professional fund managers Escorts Kubota Ltd. 1.07 Century Textiles & Industries Ltd. 1.78
for potential long term capital appreciation. Inox India Ltd. 0.47 Healthcare 4.64
Opportunity to participate in successful Chemicals 2.88 Krishna Institute Of Medical Sciences Ltd. 1.08
businesses through equity market.
Solar Industries India Ltd. 1.55 Divi's Laboratories Ltd. 1.05
Gujarat State Fertilizers & Chemicals Ltd. 1.32 Sun Pharmaceutical Industries Ltd. 0.86
Fund Manager and
Construction 8.43 Dr. Reddy's Laboratories Ltd. 0.86
Experience
Larsen & Toubro Ltd. 2.38 Gland Pharma Ltd. 0.79
Fund Manager: Mr. Manish Lodha
IRCON International Ltd. 2.23 Information Technology 6.28
Experience in managing this fund: 3 years and Kalpataru Projects International Ltd. 1.59 Tata Consultancy Services Ltd. 3.58
4 months (Managing since December 21, 2020) Power Mech Projects Ltd. 1.18 Wipro Ltd. 1.64
Fund Manager: Ms. Fatema Pacha Engineers India Ltd. 1.05 Persistent Systems Ltd. 1.07
Total Experience: 18 years Construction Materials 1.64 Metals & Mining 4.13
Experience in managing this fund: 3 years and ACC Ltd. 1.64 NMDC Ltd. 2.27
6 months (managing since October 16, 2020) Consumer Durables 3.41 Steel Authority of India Ltd. 1.86
Dixon Technologies (India) Ltd. 1.30 Oil Gas & Consumable Fuels 11.50
Portfolio Stats Havells India Ltd. 1.20 Coal India Ltd. 3.53
Safari Industries (India) Ltd. 0.92 Reliance Industries Ltd. 3.33
Portfolio Turnover Ratio (Last 1 year): 1.13
Consumer Services 2.62 Hindustan Petroleum Corporation Ltd. 3.23
Standard Deviation: 14.53%
Samhi Hotels Ltd. 0.90 Oil India Ltd. 1.41
Beta: 0.97
Aditya Vision Ltd 0.90 Power 5.65
Sharpe Ratio#: 1.20
The Indian Hotels Company Ltd. 0.83 Tata Power Company Ltd. 2.97
Jenson’s Alpha : 0.1485
Fast Moving Consumer Goods 2.38 NTPC Ltd. 2.68
#Risk-free rate assumed to be 6.75% (MIBOR as on
30-04-24) Sula Vineyards Ltd 1.36 Telecommunication 6.38
Source:www.mmda.org Balrampur Chini Mills Ltd. 1.02 Bharti Airtel Ltd. 3.98
Note: As per AMFI guidelines for factsheet, the ratios are Financial Services 18.91 Bharti Hexacom Ltd. 2.41
calculated based on month rolling returns for last 3 years.
Canara Bank 4.34 Textiles 2.12
Data as on April 30, 2024
State Bank of India 2.89 K.P.R. Mill Ltd. 1.44
Scheme Details Bank of India 1.43 Nitin Spinners Ltd. 0.68
PNB Housing Finance Ltd. 1.12 Equity and Equity Related Total 97.91
Date of allotment: May 11, 2017 HDFC Asset Management Company Ltd. 1.12 Cash & Other Receivables 2.09
Benchmark: Nifty 500 Multicap 50:25:25 TRI Index CRISIL Ltd. 1.01 Grand Total 100.00
Option: IDCW (IDCW Option will have IDCW
Reinvestment (D) & IDCW Payout facility) and
Growth (D) D-Default SECTOR ALLOCATION (%) MARKET CAPITALIZATION
Minimum Application Amount: Rs. 1,000 and in Financial Services 18.91 (% of Equity Holdings)
multiples of Re. 1/- thereafter Oil Gas & Consumable Fuels 11.50
Minimum Additional Purchase Amount: Rs. 1,000 Capital Goods 10.33
and in multiples of Re. 1/- thereafter Construction 8.43
Minimum Redemption / Switch-outs: Rs. 1,000/- or Telecommunication 6.38
100 units or account balance, whichever is lower Information Technology 6.28 43.60 - Large Cap
Minimum Weekly & Monthly SIP Amount: Rs 500 Power 5.65
and in multiples of Re 1 thereafter Automobile and Auto Components 4.81 28.18 - Mid Cap
Minimum Weekly & Monthly SIP Installments: 6 Healthcare 4.64
Metals & Mining 4.13
Minimum Quarterly SIP Amount: Rs 1,500 and in 28.22 - Small Cap
Consumer Durables 3.41
multiples of Re 1 thereafter
Chemicals 2.88
Monthly AAUM as on April 30, 2024 Fast Moving Consumer Goods 2.38
(Rs. in Cr.): 3,333.16 Textiles 2.12 Data as on April 30, 2024
Monthly AUM as on April 30, 2024 Forest Materials 1.78
(Rs. in Cr.): 3,478.08 Construction Materials 1.64 As per the latest Market Capitalisation data provided by AMFI
Total Expense Ratio1 Regular Plan: 1.86% Data as on April 30, 2024 (In line with the applicable SEBI guidelines)
as on April 30, 2024: Direct Plan: 0.37%
Load Structure:
Entry Load: N.A. IDCW HISTORY
Exit Load: ● An Exit Load of 1% is payable if Units IDCW Face Value Cum-IDCW NAV
are redeemed / switched-out upto 3 months from Record Date Plan(s) / Option(s)
the date of allotment; (Rs. per unit) (Rs. per unit) (Rs. per unit)
● Nil if Units are redeemed / switched-out after 17-Mar-22 Regular IDCW 1.50 10 17.9233
3 months from the date of allotment. 17-Mar-22 Direct IDCW 1.50 10 19.8577
27-Feb-23 Regular IDCW 1.00 10 17.1815
27-Feb-23 Direct IDCW 1.00 10 19.5379
14-Mar-24 Regular IDCW 1.00 10 24.4659
14-Mar-24 Direct IDCW 1.00 10 28.4955
NAV as on April 30, 2024: comparison with other investments.
Regular Plan Direct Plan For complete list of IDCWs, visit www.mahindramanulife.com.
NAV/Unit
(In Rs.) (In Rs.) 1
Includes additional expenses charged in terms of Regulation 52(6A)(b) and 52(6A)(c) of SEBI (Mutual Funds) Regulations, 1996
IDCW 23.9950 28.1860 and Goods and Services Tax.
IDCW: Income Distribution cum Capital Withdrawal
Growth 31.6050 36.0475
Please refer Page no. 28 for Product labelling and Benchmark Riskometer
7
Mahindra Manulife
FACTSHEET
Mid Cap Fund
April 2024
(Mid Cap Fund – An open ended equity scheme
predominantly investing in mid cap stocks)
The investment objective of the Scheme is to seek Company / Issuer % of Net Assets Company / Issuer % of Net Assets
to generate long term capital appreciation & Automobile and Auto Components 6.19 Power Finance Corporation Ltd. 1.50
provide long-term growth opportunities by Hero MotoCorp Ltd. 2.05 L&T Finance Ltd. 1.47
investing in a portfolio constituted of equity &
Schaeffler India Ltd. 1.65 LIC Housing Finance Ltd. 1.45
equity related securities and derivatives
predominantly in mid cap companies. However, Minda Corporation Ltd. 1.34 The Federal Bank Ltd. 1.34
there can be no assurance that the investment Bharat Forge Ltd. 1.15 CRISIL Ltd. 1.31
objective of the Scheme will be achieved. Capital Goods 12.73 Forest Materials 0.57
CG Power and Industrial Solutions Ltd. 2.12 Century Textiles & Industries Ltd. 0.57
Fund Features Hindustan Aeronautics Ltd. 1.78 Healthcare 10.64
Apar Industries Ltd. 1.62 Max Healthcare Institute Ltd. 3.04
Selection of focused sustainable businesses from KEI Industries Ltd. 1.31 Zydus Lifesciences Ltd. 2.04
across sectors
AIA Engineering Ltd. 1.19 Lupin Ltd. 1.93
Potential to generate higher risk adjusted returns Escorts Kubota Ltd. 1.02 Aurobindo Pharma Ltd. 1.42
in the long term Grindwell Norton Ltd. 1.00 Abbott India Ltd. 0.82
Active management of portfolio with primary Kirloskar Oil Engines Ltd. 0.79 Gland Pharma Ltd. 0.79
investments in mid-caps Lakshmi Machine Works Ltd. 0.73 Biocon Ltd. 0.61
Kaynes Technology India Ltd. 0.66 Information Technology 3.32
Fund Manager and Suzlon Energy Ltd. 0.51 Persistent Systems Ltd. 1.46
Experience Chemicals 6.33 MphasiS Ltd. 1.24
Fund Manager : Mr. Abhinav Khandelwal Deepak Nitrite Ltd. 2.00 Coforge Ltd. 0.63
Total Experience: 14 years Gujarat Fluorochemicals Ltd. 1.23 Metals & Mining 6.73
Experience in managing this fund: 2 years and Solar Industries India Ltd. 1.20 Jindal Steel & Power Ltd. 2.01
3 months (Managing since February 1, 2022) Linde India Ltd. 1.02 Steel Authority of India Ltd. 1.96
Aarti Industries Ltd. 0.88 Jindal Stainless Ltd. 1.51
Fund Manager : Mr. Manish Lodha Construction Materials 0.76 NMDC Ltd. 1.25
Total Experience: 23 years Dalmia Bharat Ltd. 0.76 Oil Gas & Consumable Fuels 4.73
Experience in managing this fund: 3 years and Consumer Durables 3.91 Oil India Ltd. 1.81
4 months (Managing since December 21, 2020) Voltas Ltd. 2.56 Coal India Ltd. 1.49
Dixon Technologies (India) Ltd. 1.35 Hindustan Petroleum Corporation Ltd. 1.43
Portfolio Stats Consumer Services 3.75 Power 2.89
Portfolio Turnover Ratio (Last 1 year): 0.96 Zomato Ltd. 1.67 CESC Ltd. 1.00
Standard Deviation: 15.13% Aditya Birla Fashion and Retail Ltd. 1.30 NLC India Ltd. 0.97
Beta: 0.95 Vedant Fashions Ltd. 0.78 Torrent Power Ltd. 0.93
Diversified 2.13 Services 1.78
Sharpe Ratio#: 1.32
Godrej Industries Ltd. 2.13 Container Corporation of India Ltd. 1.78
Fast Moving Consumer Goods 0.74 Telecommunication 5.10
Emami Ltd. 0.74 Indus Towers Ltd. 3.35
30-04-24)
Source:www.mmda.org
Financial Services 21.30 Bharti Hexacom Ltd. 1.75
Note: As per AMFI guidelines for factsheet, the ratios are Indian Bank 2.93 Textiles 0.76
calculated based on month rolling returns for last 3 years. REC Ltd. 2.83 Page Industries Ltd. 0.76
Data as on April 30, 2024 Nippon Life India Asset Management Ltd. 2.65 Equity and Equity Related Total 94.36
Union Bank of India 2.32 Cash & Other Receivables 5.64
Scheme Details Max Financial Services Ltd. 1.79 Grand Total 100.00
Piramal Enterprises Ltd. 1.71
Date of allotment: January 30, 2018
Benchmark: Nifty Midcap 150 TRI
Growth (D) D-Default SECTOR ALLOCATION (%) MARKET CAPITALIZATION
Minimum Application Amount: Rs. 1,000/- and in Financial Services 21.30 (% of Equity Holdings)
multiples of Re. 1/- thereafter Capital Goods 12.73
Minimum Additional Purchase Amount: Rs. 1,000/- Healthcare 10.64
and in multiples of Re. 1/- thereafter Metals & Mining 6.73
Minimum Repurchase Amount: Rs. 1,000/- or 100 Chemicals 6.33
units or account balance, whichever is lower Automobile and Auto Components 6.19
Telecommunication 5.10 14.41 - Large Cap
Minimum Weekly & Monthly SIP Amount: Rs 500
and in multiples of Re 1 thereafter Oil Gas & Consumable Fuels 4.73
Consumer Durables 3.91 72.11 - Mid Cap
Minimum Weekly & Monthly SIP Installments: 6 Consumer Services 3.75
Minimum Quarterly SIP Amount: Rs 1,500 and in Information Technology 3.32 13.48 - Small Cap
multiples of Re 1 thereafter Power 2.89
Minimum Quarterly SIP installments: 4 Diversified 2.13
Monthly AAUM as on April 30, 2024 Services 1.78
(Rs. in Cr.): 2,321.30 Textiles 0.76
Construction Materials 0.76 Data as on April 30, 2024
Monthly AUM as on April 30, 2024
(Rs. in Cr.): 2,433.01
Forest Materials 0.57 As per the latest Market Capitalisation data provided by AMFI
Total Expense Ratio1 Regular Plan: 1.95% (In line with the applicable SEBI guidelines)
as on April 30, 2024: Direct Plan: 0.47% Data as on April 30, 2024
Load Structure:
Entry Load: N.A.
IDCW HISTORY
Exit Load:- ● An Exit Load of 1% is payable if
Units are redeemed / switched-out upto 3 IDCW Face Value Cum-IDCW NAV
months from the date of allotment; Record Date Plan(s) / Option(s)
● Nil if Units are redeemed / switched-out after 3
months from the date of allotment. 17-Mar-22 Regular IDCW 1.00 10 15.8458
17-Mar-22 Direct IDCW 1.00 10 17.0649
27-Feb-23 Regular IDCW 1.00 10 15.9686
27-Feb-23 Direct IDCW 1.00 10 17.5623
14-Mar-24 Regular IDCW 1.00 10 23.7599
14-Mar-24 Direct IDCW 1.00 10 26.7130
Pursuant to payment of IDCW, the NAV of the IDCW Option(s) of the Scheme/Plan(s) falls to the extent of payout and statutory levy, if
NAV as on April 30, 2024: any. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.
NAV/Unit
(In Rs.) (In Rs.) 1
Includes additional expenses charged in terms of Regulation 52(6A)(b) and 52(6A)(c) of SEBI (Mutual Funds) Regulations, 1996 and Goods
IDCW 24.1500 27.3516 and Services Tax.
Growth 29.6352 32.9580 IDCW: Income Distribution cum Capital Withdrawal

8
Mahindra Manulife
FACTSHEET
Consumption Fund
April 2024
(An open ended equity scheme following Consumption theme)
Low
Investment Objective PORTFOLIO ( Top Ten Holdings - Issuer wise) as on April 30, 2024
The investment objective of the Scheme is to Company / Issuer % of Net Company / Issuer Rating % of Net
generate long term capital appreciation by Assets Assets
investing in a portfolio of companies that are likely Automobile and Auto Components 17.37 Hindustan Unilever Ltd. 2.26
to benefit from consumption led demand in India.
Maruti Suzuki India Ltd. 5.78 Gillette India Ltd. 2.11
However, there can be no assurance that the
investment objective of the Scheme will be Mahindra & Mahindra Ltd. 3.95 Britannia Industries Ltd. 1.89
achieved. Hero MotoCorp Ltd. 3.02 Doms Industries Ltd. 1.87
TVS Motor Company Ltd. 1.74 Dabur India Ltd. 1.82
Varroc Engineering Ltd. 1.42 Tata Consumer Products Ltd. 1.44
Fund Features Tata Motors Ltd. 1.39 United Spirits Ltd. 1.39
Invests in segments with strongest contribution LG Balakrishnan & Bros Ltd. 0.06 Jyothy Labs Ltd. 1.22
potential to India’s growing GDP
Consumer Durables 7.49 Colgate Palmolive (India) Ltd. 1.19
Focuses on segments largely insulated from
Titan Company Ltd. 2.44 Healthcare 3.08
global volatility
Havells India Ltd. 1.94 Cipla Ltd. 1.90
Participating in India’s Consumption Growth
Theme Greenply Industries Ltd. 1.59 Max Healthcare Institute Ltd. 1.18
Blue Star Ltd. 1.52 Media, Entertainment & Publication 1.24
Fund Manager and Consumer Services 18.06 D.B.Corp Ltd. 1.24
Experience Trent Ltd. 2.74 Power 2.96
Fund Manager: Mr. Abhinav Khandelwal Tata Power Company Ltd. 2.96
Thomas Cook (India) Ltd. 2.13
Experience in managing this fund: 2 years and Avenue Supermarts Ltd. 2.08 Realty 2.82
1 month (Managing since April 1, 2022) Zomato Ltd. 1.99 DLF Ltd. 2.21
Fund Manager: Ms. Fatema Pacha Aditya Vision Ltd 1.81 Kolte - Patil Developers Ltd. 0.60
Total Experience: 18 years FSN E-Commerce Ventures Ltd. 1.59 Telecommunication 10.70
Aditya Birla Fashion and Retail Ltd. 1.48 Bharti Airtel Ltd. 6.04
4 months (Managing since December 21, 2020)
Samhi Hotels Ltd. 1.32 Indus Towers Ltd. 2.90
Info Edge (India) Ltd. 1.02 Bharti Hexacom Ltd. 1.76
Portfolio Stats The Indian Hotels Company Ltd. 0.98 Textiles 1.67
Portfolio Turnover Ratio (Last 1 year): 0.92 Restaurant Brands Asia Ltd. 0.92 Kewal Kiran Clothing Ltd. 1.67
Standard Deviation: 11.41% Fast Moving Consumer Goods 31.91 Equity and Equity Related Total 97.31
Beta: 0.74 ITC Ltd. 6.39 Corporate Bond 0.01
Sharpe Ratio#: 1.10 Varun Beverages Ltd. 3.30 Britannia Industries Ltd. CRISIL AAA 0.01
Godrej Consumer Products Ltd. 2.40 Cash & Other Receivables 2.69
30-04-24) Nestle India Ltd. 2.33 Grand Total 100.00
Source:www.mmda.org Mrs. Bectors Food Specialities Ltd. 2.30
Scheme Details SECTOR ALLOCATION (%) THEME BASED SECTOR

Date of allotment: November 13, 2018 ALLOCATION*
Benchmark: Nifty India Consumption TRI (% of Equity Holdings)
Option: IDCW (IDCW Option will have IDCW Consumer Services 18.06
Reinvestment (D) & IDCW Payout facility)
and Growth (D) D-Default Automobile and Auto Components 17.37
Minimum Application Amount: Rs. 1,000 and in Telecommunication 10.70
multiples of Re. 1/- thereafter 76.77 - Consumption
Minimum Additional Purchase Amount: Rs. 1,000 Consumer Durables 7.49
and in multiples of Re. 1/- thereafter 14.13 - Auxilliary Rural and
Healthcare 3.08 Consumption Sectors
and in multiples of Re 1 thereafter Power 2.96 9.10 - Rural Infrastructure
Minimum Weekly & Monthly SIP installments: 6
Realty 2.82
Minimum Quarterly SIP Amount: Rs 1,500
and in multiples of Re 1 thereafter Textiles 1.67
Media, Entertainment & Publication 1.24
Minimum Amount for Switch in: Rs. 1,000/-
and in multiples of Re. 0.01/- thereafter.
Minimum Amount for Redemption / Switch-outs: Data as on April 30, 2024 *Investible sector as per SID
Rs. 1,000/- or 100 units or account balance,
whichever is lower in respect of each Option. Data as on April 30, 2024
(Rs. in Cr.): 168.36
(Rs. in Cr.): 177.31 IDCW HISTORY
Total Expense Ratio1 Regular Plan: 2.38% IDCW Face Value Cum-IDCW NAV
as on April 30, 2024: Direct Plan: 0.71% (Rs. per unit) (Rs. per unit) (Rs. per unit)
Load Structure: 17-Mar-22 Regular IDCW 1.00 10 13.1211
Entry Load: N.A. 17-Mar-22 Direct IDCW 1.00 10 13.9060
Exit Load: ● An Exit Load of 1% is payable if 27-Feb-23 Regular IDCW 1.00 10 13.3749
Units are redeemed / switched-out upto 3
months from the date of allotment; 27-Feb-23 Direct IDCW 1.00 10 14.4631
● Nil if Units are redeemed / switched-out 14-Mar-24 Regular IDCW 1.00 10 16.9634
after 3 months from the date of allotment. 14-Mar-24 Direct IDCW 1.00 10 18.7727
NAV as on April 30, 2024: For complete list of IDCWs, visit www.mahindramanulife.com.
Regular Plan Direct Plan Includes additional expenses charged in terms of Regulation 52(6A)(b) and 52(6A)(c) of SEBI (Mutual Funds) Regulations, 1996
NAV/Unit 1
(In Rs.) (In Rs.) and Goods and Services Tax.
IDCW 16.6848 18.6268 IDCW: Income Distribution cum Capital Withdrawal
9
Mahindra Manulife
FACTSHEET
Large Cap Fund
April 2024
(Large Cap Fund - An open ended equity scheme
predominantly investing in large cap stocks)
provide long term capital appreciation & provide
long-term growth opportunities by investing in a Automobile and Auto Components 6.83 Axis Bank Ltd. 3.90
portfolio constituted of equity & equity related Maruti Suzuki India Ltd. 2.90 Shriram Finance Ltd. 2.53
securities and derivatives predominantly in large Tata Motors Ltd. 1.68 IndusInd Bank Ltd. 2.32
cap companies. However, there can be no
Bharat Forge Ltd. 1.22 ICICI Prudential Life Insurance Company Ltd. 1.52
assurance that the investment objective of the
Scheme will be achieved. Eicher Motors Ltd. 1.02 Cholamandalam Investment and Finance Company Ltd. 1.44
Capital Goods 2.63 Canara Bank 1.18
Fund Features Honeywell Automation India Ltd. 1.03 Healthcare 3.86
Siemens Ltd. 0.85 Divi's Laboratories Ltd. 1.78
Agile quality portfolio from India’s Big 100
Companies* SKF India Ltd. 0.76 Cipla Ltd. 1.12
Exposure to the more stable half of the market Chemicals 1.46 Gland Pharma Ltd. 0.95
High conviction bottom up stock picking with a SRF Ltd. 1.46 Information Technology 11.81
focus on alpha generation Construction 4.81 Infosys Ltd. 4.65
*In terms of Full Market Capitalisation. Larsen & Toubro Ltd. 3.95 Tata Consultancy Services Ltd. 4.35
NCC Ltd. 0.86 Tech Mahindra Ltd. 1.69
Fund Manager and Construction Materials 0.97 Wipro Ltd. 1.11
Experience Grasim Industries Ltd. 0.97 Metals & Mining 2.93
Fund Manager: Mr. Abhinav Khandelwal Consumer Durables 1.94 Hindalco Industries Ltd. 1.87
Total Experience: 14 years Havells India Ltd. 1.94 Tata Steel Ltd. 1.07
Experience in managing this fund: 2 years and Consumer Services 3.28 Oil Gas & Consumable Fuels 11.22
2 months (Managing since March 1, 2022)
Avenue Supermarts Ltd. 2.05 Reliance Industries Ltd. 6.55
Fund Manager: Ms. Fatema Pacha
FSN E-Commerce Ventures Ltd. 0.97 Oil & Natural Gas Corporation Ltd. 1.76
Experience in managing this fund: 3 years and Aditya Vision Ltd 0.26 GAIL (India) Ltd. 1.71
4 months (Managing since December 21, 2020) Fast Moving Consumer Goods 8.62 Coal India Ltd. 1.21
ITC Ltd. 3.23 Power 3.54
Portfolio Stats Nestle India Ltd. 1.96 NTPC Ltd. 2.51
Portfolio Turnover Ratio (Last one year): 0.82 Dabur India Ltd. 1.64 CESC Ltd. 1.03
Standard Deviation: 12.23% Balrampur Chini Mills Ltd. 0.99 Telecommunication 1.62
Beta: 0.87 Marico Ltd. 0.81 Bharti Airtel Ltd. 1.62
Sharpe Ratio#: 0.78 Financial Services 32.66 Equity and Equity Related Total 98.18
Jenson’s Alpha : -0.0001 HDFC Bank Ltd. 8.47 Cash & Other Receivables 1.82
#
Risk-free rate assumed to be 6.75% (MIBOR as on
30-04-24) ICICI Bank Ltd. 7.25 Grand Total 100.00
Source: www.mmda.org State Bank of India 4.05
Scheme Details
SECTOR ALLOCATION (%) MARKET CAPITALIZATION
Date of allotment: March 15, 2019
Benchmark: Nifty 100 Index TRI Financial Services 32.66 (% of Equity Holdings)
Reinvestment (D) & IDCW Payout facility) and Oil Gas & Consumable Fuels 11.22
Growth (D) D-Default Fast Moving Consumer Goods 8.62
Minimum Application Amount: Rs. 1,000 and in Automobile and Auto Components 6.83
91.78 - Large Cap
multiples of Re. 1/- thereafter Construction 4.81
Minimum Additional Purchase Amount: Rs. 1,000 Healthcare 3.86
5.01 - Mid Cap
and in multiples of Re. 1/- thereafter Power 3.54
Minimum Weekly & Monthly SIP Amount: Rs 500 Consumer Services 3.28 3.21 - Small Cap
and in multiples of Re 1 thereafter Metals & Mining 2.93
Minimum Weekly & Monthly SIP installments: 6 Capital Goods 2.63
Minimum Quarterly SIP Amount: Rs 1,500 and Consumer Durables 1.94
in multiples of Re 1 thereafter Telecommunication 1.62
Minimum Quarterly SIP installments: 4 Data as on April 30, 2024
Chemicals 1.46
Minimum Amount for Switch in: Rs. 1,000/- Construction Materials 0.97
As per the latest Market Capitalisation data provided by AMFI
Data as on April 30, 2024 (In line with the applicable SEBI guidelines)
Minimum Amount for Redemption / Switch-outs:
whichever is lower in respect of each Option.
(Rs. in Cr.): 437.06 IDCW HISTORY
IDCW Face Value Cum-IDCW NAV
(Rs. in Cr.): 448.64 Record Date Plan(s) / Option(s)
Total Expense Ratio1 Regular Plan: 2.39% (Rs. per unit) (Rs. per unit) (Rs. per unit)
as on April 30, 2024: Direct Plan: 0.73% 17-Mar-22 Regular IDCW 1.00 10 14.2722
Load Structure: 17-Mar-22 Direct IDCW 1.00 10 15.1213
Entry Load: N.A. 27-Feb-23 Regular IDCW 1.00 10 14.0070
Exit Load: ● An Exit Load of 1% is payable if Units 27-Feb-23 Direct IDCW 1.00 10 15.1798
are redeemed / switched-out upto 3 months from
the date of allotment; 14-Mar-24 Regular IDCW 1.00 10 17.0939
● Nil if Units are redeemed / switched-out after 3 14-Mar-24 Direct IDCW 1.00 10 18.9682
months from the date of allotment.
1
Includes additional expenses charged in terms of Regulation 52(6A)(b) and 52(6A)(c) of SEBI (Mutual Funds) Regulations,
NAV as on April 30, 2024: 1996 and Goods and Services Tax.
NAV/Unit IDCW: Income Distribution cum Capital Withdrawal
(In Rs.) (In Rs.)
IDCW 16.4365 18.3993
Growth 20.9037 22.9792
10
Mahindra Manulife
FACTSHEET
Large & Mid Cap Fund
April 2024
(Large & Mid Cap Fund - An open ended equity scheme
investing in both large cap and mid cap stocks)
The investment objective of the Scheme is to seek Company / Issuer % of Net Assets Company / Issuer % of Net Assets
long term capital growth through investments in Automobile and Auto Components 6.99 Max Financial Services Ltd. 0.93
equity and equity related securities of both large Tata Motors Ltd. 2.87 Jio Financial Services Ltd. 0.90
cap and mid cap stocks. However, there can be no
Eicher Motors Ltd. 2.15 Shriram Finance Ltd. 0.87
assurance that the investment objective of the
Scheme will be achieved. Bharat Forge Ltd. 1.48 Punjab National Bank 0.86
LG Balakrishnan & Bros Ltd. 0.50 ICICI Bank Ltd. 0.75
Capital Goods 12.06 Healthcare 10.29
Fund Features KEI Industries Ltd. 2.06 Biocon Ltd. 2.02
Rule based diversification for optimum Escorts Kubota Ltd. 1.87 Dr. Reddy's Laboratories Ltd. 1.71
performance in changing market cycles Bharat Heavy Electricals Ltd. 1.71 Cipla Ltd. 1.70
Aim to provide stability of large caps and growth Inox India Ltd. 1.66 Max Healthcare Institute Ltd. 1.29
of mid caps Kaynes Technology India Ltd. 1.24 IPCA Laboratories Ltd. 1.25
Active stock selection through internal process Bharat Electronics Ltd. 1.09 Aurobindo Pharma Ltd. 1.21
framework for better return potential AIA Engineering Ltd. 0.97 Divi's Laboratories Ltd. 1.10
Titagarh Rail Systems Ltd. 0.92 Information Technology 6.75
Fund Manager and Apar Industries Ltd. 0.46 Tata Consultancy Services Ltd. 2.59
Jyoti CNC Automation Ltd 0.07 Wipro Ltd. 1.66
Experience
Chemicals 0.69 L&T Technology Services Ltd. 1.03
Fund Manager: Mr. Manish Lodha Gujarat State Fertilizers & Chemicals Ltd. 0.69 Coforge Ltd. 0.88
Total Experience: 23 years Construction 4.11 Tech Mahindra Ltd. 0.59
Experience in managing this fund: 3 years and Metals & Mining 4.86
Larsen & Toubro Ltd. 2.89
NBCC (India) Ltd. 0.98 NMDC Ltd. 2.79
Fund Manager: Mr. Abhinav Khandelwal Power Mech Projects Ltd. 0.24 Steel Authority of India Ltd. 2.07
Construction Materials 1.92 Oil Gas & Consumable Fuels 12.15
ACC Ltd. 1.92 Reliance Industries Ltd. 3.43
3 months (Managing since February 1, 2022)
Consumer Durables 1.34 Hindustan Petroleum Corporation Ltd. 3.41
Titan Company Ltd. 1.34 Coal India Ltd. 3.01
Portfolio Stats Consumer Services 0.94 Oil India Ltd. 1.42
The Indian Hotels Company Ltd. 0.94 GAIL (India) Ltd. 0.88
Portfolio Turnover Ratio (Last one year): 1.29 Fast Moving Consumer Goods 2.23 Power 5.46
Standard Deviation: 13.65% United Spirits Ltd. 1.73 Tata Power Company Ltd. 3.04
Beta: 0.95 Balrampur Chini Mills Ltd. 0.50 NTPC Ltd. 2.42
Sharpe Ratio#: 1.21 Financial Services 18.80 Telecommunication 7.34
Jenson’s Alpha : 0.1438 Canara Bank 3.98 Bharti Airtel Ltd. 3.84
#
Risk-free rate assumed to be 6.75% (MIBOR as on
State Bank of India 2.74 Indus Towers Ltd. 3.49
30-04-24)
Source: www.mmda.org The Jammu & Kashmir Bank Ltd. 2.17 Textiles 0.79
Note: As per AMFI guidelines for factsheet, the ratios are LIC Housing Finance Ltd. 1.89 K.P.R. Mill Ltd. 0.79
calculated based on month rolling returns for last 3 years. HDFC Asset Management Company Ltd. 1.36 Equity and Equity Related Total 96.72
Data as on April 30, 2024 Union Bank of India 1.19 Cash & Other Receivables 3.28
CRISIL Ltd. 1.17 Grand Total 100.00
Scheme Details
Date of allotment: December 30, 2019
Benchmark: NIFTY Large Midcap 250 TRI Index SECTOR ALLOCATION (%) MARKET CAPITALIZATION
Option: IDCW (IDCW Option will have IDCW Financial Services 18.80 (% of Equity Holdings)
Reinvestment (D) & IDCW Payout facility) Oil Gas & Consumable Fuels 12.15
and Growth (D) D-Default Capital Goods 12.06
Minimum Application Amount: Rs. 1,000/- Healthcare 10.29
and in multiples of Re.1/- thereafter Telecommunication 7.34
Minimum Redemption/Switch-Out Amount: Automobile and Auto Components 6.99 50.99 - Large Cap
Rs. 1,000/- or 100 units or account balance, Information Technology 6.75
whichever is lower Power 5.46 39.27 - Mid Cap
Minimum Weekly & Monthly SIP Amount: Metals & Mining 4.86
Rs 500 and in multiples of Re 1 thereafter Construction 4.11 9.74 - Small Cap
Minimum Weekly & Monthly SIP Installments: 6 Fast Moving Consumer Goods 2.23
Construction Materials 1.92
in multiples of Re 1 thereafter
Consumer Services 0.94 Data as on April 30, 2024
Minimum Quarterly SIP installments: 4 Textiles 0.79
Monthly AAUM as on April 30, 2024 Chemicals 0.69 As per the latest Market Capitalisation data provided by AMFI
(Rs. in Cr.): 2,070.35
(Rs. in Cr.): 2,142.54
Total Expense Ratio1 Regular Plan: 1.98%
IDCW HISTORY
Load Structure:
Entry Load: N.A. IDCW Face Value Cum-IDCW NAV
Exit Load: ● An Exit Load of 1% is payable if Units (Rs. per unit) (Rs. per unit) (Rs. per unit)
the date of allotment; 17-Mar-22 Regular IDCW 1.00 10 15.6623
● Nil if Units are redeemed / switched-out after 3 17-Mar-22 Direct IDCW 1.00 10 16.3373
months from the date of allotment. 27-Feb-23 Regular IDCW 1.00 10 15.2452
27-Feb-23 Direct IDCW 1.00 10 16.2458
14-Mar-24 Regular IDCW 1.00 10 21.3916
14-Mar-24 Direct IDCW 1.00 10 23.2934
NAV as on April 30, 2024: comparison with other investments.
NAV/Unit
(In Rs.) (In Rs.) 1
1996 and Goods and Services Tax.
IDCW 20.7479 22.7415
11
Mahindra Manulife
FACTSHEET
Focused Fund
April 2024
(An open ended equity scheme investing in maximum
30 stocks across market caps (i.e Multi Cap))
The investment objective of the scheme is to Company / Issuer % of Net Assets Company / Issuer % of Net Assets
generate long term capital appreciation by Automobile and Auto Components 6.20 Century Textiles & Industries Ltd. 2.40
investing in a concentrated portfolio of equity &
equity related instruments of maximum 30 Hero MotoCorp Ltd. 3.14 Healthcare 4.66
companies across market capitalisation. However, Maruti Suzuki India Ltd. 3.06 Sun Pharmaceutical Industries Ltd. 2.82
there can be no assurance that the investment
Capital Goods 2.14 Biocon Ltd. 1.84
objective of the Scheme will be achieved.
Kirloskar Oil Engines Ltd. 2.14 Information Technology 7.91
Chemicals 1.50 Infosys Ltd. 4.04
Fund Features Gujarat Fluorochemicals Ltd. 1.50 HCL Technologies Ltd. 2.03
Selection of the next potential winners through Construction Materials 3.93 Tech Mahindra Ltd. 1.84
the GCMV process#
Grasim Industries Ltd. 3.93 Metals & Mining 4.16
High conviction focused portfolio with strong risk
management processes Consumer Services 1.78 Hindalco Industries Ltd. 2.12
Potential to generate relatively better risk Thomas Cook (India) Ltd. 1.78 Jindal Steel & Power Ltd. 2.04
adjusted returns Fast Moving Consumer Goods 11.36 Oil Gas & Consumable Fuels 15.57
#
GCMV is an internal process framework to optimize stock ITC Ltd. 4.46 Reliance Industries Ltd. 7.94
selection based on growth, cashflow, management and
valuation Hindustan Unilever Ltd. 2.93 Coal India Ltd. 3.05
United Spirits Ltd. 2.20 GAIL (India) Ltd. 2.50
Fund Manager and Triveni Engineering & Industries Ltd. 1.77 Oil India Ltd. 2.08
Experience Financial Services 27.52 Power 2.85
Fund Manager: Mr. Krishna Sanghavi ICICI Bank Ltd. 9.41 NTPC Ltd. 2.85
State Bank of India 6.26 Telecommunication 4.85
5 months (Managing since November 17, 2020) Kotak Mahindra Bank Ltd. 3.40 Indus Towers Ltd. 4.85
Fund Manager: Ms. Fatema Pacha IndusInd Bank Ltd. 3.34 Equity and Equity Related Total 96.83
Total Experience: 18 years Power Finance Corporation Ltd. 2.79 Cash & Other Receivables 3.17
Union Bank of India 2.32 Grand Total 100.00
Forest Materials 2.40
Portfolio Stats
Portfolio Turnover Ratio (Last one year): 0.71
Standard Deviation: 12.83%
Beta: 0.89
Sharpe Ratio#: 1.36
Jenson’s Alpha : 0.4610 SECTOR ALLOCATION (%) MARKET CAPITALIZATION
#
Risk-free rate assumed to be 6.75% (MIBOR as on (% of Equity Holdings)
Financial Services 27.52
30-04-24)
Source: www.mmda.org Oil Gas & Consumable Fuels 15.57
Note: As per AMFI guidelines for factsheet, the ratios are Fast Moving Consumer Goods 11.36
Automobile and Auto Components 6.20 77.79 - Large Cap
Scheme Details
Healthcare 4.66 13.85 - Mid Cap
Date of allotment: November 17, 2020 Metals & Mining 4.16
Construction Materials 8.36 - Small Cap
Benchmark: NSE 500 Index TRI 3.93
Option: IDCW (IDCW Option will have Power 2.85
IDCW Reinvestment (D) & IDCW Payout Forest Materials 2.40
facility) and Growth (D) D-Default Capital Goods 2.14
Minimum Application Amount: Rs. 1,000/- Consumer Services Data as on April 30, 2024
1.78
and in multiples of Re.1/- thereafter Chemicals 1.50
Minimum Redemption/Switch-Out Amount:
Rs. 1,000/- or 100 units or account balance, Data as on April 30, 2024 (In line with the applicable SEBI guidelines)
whichever is lower
Minimum Weekly & Monthly SIP Amount:
Rs 500 and in multiples of Re 1 thereafter
Minimum Weekly & Monthly SIP Installments: 6
in multiples of Re 1 thereafter
Minimum Quarterly SIP installments: 4 IDCW HISTORY
(Rs. in Cr.): 1,274.99 Record Date Plan(s) / Option(s)
Monthly AUM as on April 30, 2024 (Rs. per unit) (Rs. per unit) (Rs. per unit)
(Rs. in Cr.): 1,339.01 17-Mar-22 Regular IDCW 0.80 10 13.3891
Total Expense Ratio1 Regular Plan: 2.07% 17-Mar-22 Direct IDCW 0.80 10 13.7911
27-Feb-23 Regular IDCW 1.00 10 13.9407
Load Structure:
Entry Load: N.A. 27-Feb-23 Direct IDCW 1.00 10 14.6660
Exit Load: ● An Exit Load of 1% is payable if Units 14-Mar-24 Regular IDCW 1.00 10 19.1198
the date of allotment; 14-Mar-24 Direct IDCW 1.00 10 20.5554
● Nil if Units are redeemed / switched-out after
3 months from the date of allotment.
1
NAV as on April 30, 2024: 1996 and Goods and Services Tax.
Regular Plan Direct Plan IDCW: Income Distribution cum Capital Withdrawal
NAV/Unit
(In Rs.) (In Rs.)
IDCW 18.6593 20.1915
Growth 24.4350 26.1695
12
Mahindra Manulife
FACTSHEET
Flexi Cap Fund
April 2024
(An open ended dynamic equity scheme investing
across large cap, mid cap, small cap stocks)
generate long term capital appreciation by Automobile and Auto Components 6.18 L&T Finance Ltd. 1.47
investing in a diversified portfolio of equity and
equity-related securities across market Maruti Suzuki India Ltd. 2.84 Canara Bank 1.35
capitalization. However, there can be no assurance Tata Motors Ltd. 1.36 Bank of Baroda 1.22
that the investment objective of the Scheme will Bharat Forge Ltd. 1.12 The South Indian Bank Ltd. 1.14
be achieved.
LG Balakrishnan & Bros Ltd. 0.86 Healthcare 5.40
Capital Goods 4.24 Gland Pharma Ltd. 1.28
Fund Features Siemens Ltd. 1.22 Piramal Pharma Ltd. 1.28
Flexibility to invest in opportunities across market Kaynes Technology India Ltd. 1.18 Lupin Ltd. 1.04
capitalization Graphite India Ltd. 0.99 Alembic Pharmaceuticals Ltd. 0.94
Bottom up stock selection process SKF India Ltd. 0.84 GlaxoSmithKline Pharmaceuticals Ltd. 0.84
Active allocation across Market capitalization Chemicals 1.89 Information Technology 11.48
based on macro-economic indicators, policy Vinati Organics Ltd. 0.99 Infosys Ltd. 5.19
environment, valuations, market conditions
Navin Fluorine International Ltd. 0.90 Tata Consultancy Services Ltd. 3.06
Top down approach to select sectors Construction 4.63 Wipro Ltd. 1.30
Management through diversification of holdings Larsen & Toubro Ltd. 2.65 LTIMindtree Ltd. 1.09
and disciplined approach to monitor individual
stock position based on market capitalization NCC Ltd. 1.10 Cyient Ltd. 0.84
NBCC (India) Ltd. 0.89 Metals & Mining 3.00
Fund Manager and Construction Materials 1.74 Hindalco Industries Ltd. 2.00
Experience Shree Cement Ltd. 1.74 Kirloskar Ferrous Industries Ltd. 1.01
Fund Manager: Ms. Fatema Pacha Consumer Durables 5.59 Oil Gas & Consumable Fuels 7.21
Total Experience: 18 years Voltas Ltd. 2.19 Reliance Industries Ltd. 4.69
Experience in managing this fund: 2 years and Asian Paints Ltd. 1.38 Oil India Ltd. 1.58
8 months (Managing since August 23, 2021) VIP Industries Ltd. 1.09 Indraprastha Gas Ltd. 0.94
Fund Manager: Mr. Manish Lodha Bajaj Electricals Ltd. 0.92 Power 3.42
Experience in managing this fund: 2 years and Consumer Services 3.00 Tata Power Company Ltd. 2.22
8 months (Managing since August 23, 2021) Info Edge (India) Ltd. 1.41 CESC Ltd. 1.20
Restaurant Brands Asia Ltd. 1.04 Realty 0.86
Thomas Cook (India) Ltd. 0.55 DLF Ltd. 0.86
Portfolio Stats
Fast Moving Consumer Goods 6.12 Services 1.82
Portfolio Turnover Ratio (Last 1 year): 0.93 Britannia Industries Ltd. 1.55 Delhivery Ltd. 0.98
Dabur India Ltd. 1.39 Mahindra Logistics Ltd. 0.84
Hindustan Unilever Ltd. 1.38 Telecommunication 1.51
Scheme Details Doms Industries Ltd. 0.90 Indus Towers Ltd. 1.51
Date of allotment: August 23, 2021 Colgate Palmolive (India) Ltd. 0.89 Textiles 2.22
Financial Services 27.47 K.P.R. Mill Ltd. 1.18
Benchmark: Nifty 500 Index TRI
HDFC Bank Ltd. 7.78 Arvind Ltd. 1.04
Options: Growth; IDCW
ICICI Bank Ltd. 6.91 Equity and Equity Related Total 97.77
IDCW Sub-options: IDCW Reinvestment State Bank of India 2.93 Cash & Other Receivables 2.23
& IDCW Payout
IndusInd Bank Ltd. 2.46 Grand Total 100.00
Minimum Application Amount: Rs. 1,000/- Axis Bank Ltd. 2.21
and in multiples of Re.1/- thereafter
Minimum Additional Purchase Amount: Rs. 1,000/-
and in multiples of Re. 1/- thereafter
Minimum Redemption/Switch-Out Amount: SECTOR ALLOCATION (%) MARKET CAPITALIZATION
whichever is lower Financial Services 27.47 (% of Equity Holdings)
Minimum Weekly & Monthly SIP Amount: Oil Gas & Consumable Fuels 7.21
Rs 500 and in multiples of Re 1 thereafter Automobile and Auto Components 6.18
Minimum Weekly & Monthly SIP Installments: 6 Fast Moving Consumer Goods 6.12
Minimum Quarterly SIP Amount: Rs 1,500 62.16 - Large Cap
Healthcare 5.40
and in multiples of Re 1 thereafter
Construction 4.63
Minimum Quarterly SIP installments: 4 Capital Goods 4.24 17.68 - Mid Cap
Power 3.42
Monthly AAUM as on April 30, 2024 20.16 - Small Cap
(Rs. in Cr.): 1,265.77
Monthly AUM as on April 30, 2024 Textiles 2.22
(Rs. in Cr.): 1,291.78 Chemicals 1.89
Services 1.82
Construction Materials 1.74 Data as on April 30, 2024
Load Structure: Realty 0.86 As per the latest Market Capitalisation data provided by AMFI
Entry Load: N.A. Data as on April 30, 2024 (In line with the applicable SEBI guidelines)
Exit Load: ● An Exit Load of 1% is payable if

Units are redeemed / switched-out upto
3 months from the date of allotment; IDCW HISTORY
3 months from the date of allotment. Record Date Plan(s) / Option(s)
Redemption /Switch-Out of Units would be done on First
in First out Basis (FIFO). 14-Mar-24 Regular IDCW 1.00 10 14.2271
14-Mar-24 Direct IDCW 1.00 10 14.9457
Pursuant to payment of IDCW, the NAV of the IDCW Option(s) of the Scheme/Plan(s) falls to the extent of payout and statutory
levy, if any. Past performance may or may not be sustained in future and should not be used as a basis for comparison with
other investments.
NAV/Unit 1
(In Rs.) (In Rs.)
and Goods and Services Tax.
IDCW 13.5709 14.3465
Growth 14.6321 15.4099
13
Mahindra Manulife
FACTSHEET
Small Cap Fund
April 2024
(Small Cap Fund - An open ended equity scheme
predominantly investing in small cap stocks)
generate long term capital appreciation by
Automobile and Auto Components 3.52 Union Bank of India 1.44
investing in a diversified portfolio of equity &
equity related securities of small cap companies. Minda Corporation Ltd. 1.78 Ujjivan Financial Services Ltd. 1.30
However, there can be no assurance that the Varroc Engineering Ltd. 1.14 ICRA Ltd. 1.18
investment objective of the Scheme will be Asahi India Glass Ltd. 0.59 Central Depository Services (India) Ltd. 1.01
achieved. Capital Goods 17.53 The Karnataka Bank Ltd. 0.83
Kirloskar Oil Engines Ltd. 1.99 BSE Ltd. 0.49
Apar Industries Ltd. 1.99 The South Indian Bank Ltd. 0.44
Fund Features Inox India Ltd. 1.70 Forest Materials 3.22
Potential growth tailwinds in Indian Economy. Bharat Bijlee Ltd. 1.39 Century Textiles & Industries Ltd. 3.22
Opportunity to capitalize on Indian Sanghvi Movers Ltd. 1.33 Healthcare 4.01
Entrepreneurship. BEML Ltd. 1.24 Piramal Pharma Ltd. 1.41
KEI Industries Ltd. 1.21 JB Chemicals & Pharmaceuticals Ltd. 1.20
Opportunity to capture market / economic cycles.
Tega Industries Ltd. 1.12 Natco Pharma Ltd. 0.89
Potential to create wealth and generate alpha
Voltamp Transformers Ltd. 1.10 Alembic Pharmaceuticals Ltd. 0.50
over long-term.
Lakshmi Machine Works Ltd. 1.00 Information Technology 2.82
Small caps are generally under-researched and Kaynes Technology India Ltd. 0.75 Cyient Ltd. 1.49
under-owned and hence provides an opportunity
Kirloskar Brothers Ltd. 0.67 Birlasoft Ltd. 1.33
for stock-picking at reasonable valuations.
Titagarh Rail Systems Ltd. 0.61 Media, Entertainment & Publication 0.83
Small Caps could be beneficiaries of structural Texmaco Rail & Engineering Ltd. 0.59 D.B.Corp Ltd. 0.83
reforms announced from time to time. Ratnamani Metals & Tubes Ltd. 0.48 Metals & Mining 6.99
Small caps also provide exposure to companies RHI Magnesita India Ltd. 0.37 MOIL Ltd. 2.05
which are potential market leaders in the industries Chemicals 2.34 Steel Authority of India Ltd. 1.59
they operate in (a few examples include textile, PCBL Ltd. 1.36 National Aluminium Company Ltd. 1.59
paper, sugar, luggage) and have potential to become
Gujarat State Fertilizers & Chemicals Ltd. 0.98 Jindal Stainless Ltd. 1.07
midcaps of tomorrow as they achieve scale.
Construction 1.36 Kirloskar Ferrous Industries Ltd. 0.70
Engineers India Ltd. 1.36 Oil Gas & Consumable Fuels 3.96
Fund Manager And Construction Materials 4.30 Reliance Industries Ltd. 2.59
Experience Grasim Industries Ltd. 2.44 Coal India Ltd. 1.37
Fund Manager: Mr. Abhinav Khandelwal Birla Corporation Ltd. 1.22 Power 3.59
Total Experience: 14 years Orient Cement Ltd. 0.65 CESC Ltd. 2.06
Experience in managing this fund: 1 year and Consumer Durables 1.48 NLC India Ltd. 1.53
4 months (Managing since December 12, 2022) Safari Industries (India) Ltd. 0.88 Realty 3.09
Fund Manager: Mr. Manish Lodha Bajaj Electricals Ltd. 0.59 Anant Raj Ltd. 1.37
Total Experience: 23 years Consumer Services 2.64 Kolte - Patil Developers Ltd. 0.94
Experience in managing this fund: 1 year and Thomas Cook (India) Ltd. 1.80 Sobha Ltd. 0.78
4 months (Managing since December 12, 2022) Electronics Mart India Ltd. 0.84 Services 3.44
Diversified 2.64 Firstsource Solutions Ltd. 1.38
Portfolio Stats Godrej Industries Ltd. 2.64 Gateway Distriparks Ltd. 0.90
Portfolio Turnover Ratio (Last 1 year): 0.67 Fast Moving Consumer Goods 6.86 eClerx Services Ltd. 0.63
Emami Ltd. 1.35 The Great Eastern Shipping Company Ltd. 0.51
United Spirits Ltd. 1.33 Telecommunication 2.28
Scheme Details Mrs. Bectors Food Specialities Ltd. 1.30 Indus Towers Ltd. 2.28
Date of allotment: December 12, 2022 Triveni Engineering & Industries Ltd. 1.08 Textiles 2.82
Jyothy Labs Ltd. 1.04 Arvind Ltd. 1.88
Benchmark: S&P BSE 250 Small Cap TRI Sula Vineyards Ltd 0.76 Nitin Spinners Ltd. 0.95
Option: IDCW (IDCW Option will have Financial Services 13.13 Equity and Equity Related Total 92.83
IDCW Reinvestment (D) & IDCW Payout REC Ltd. 2.61 Cash & Other Receivables 7.17
facility) and Growth (D) D-Default Cholamandalam Financial Holdings Ltd. 2.17 Grand Total 100.00
Minimum Application Amount: Rs. 1000 and in ICICI Securities Ltd. 1.67
multiples of Rs. 1 thereafter
and in multiples of Rs 1/- thereafter
Minimum Weekly & Monthly SIP installments: 6 SECTOR ALLOCATION (%) MARKET CAPITALIZATION
Minimum Quarterly SIP Amount: Rs 1,500 and Capital Goods 17.53 (% of Equity Holdings)
in multiples of Rs 1/- thereafter Financial Services 13.13
Minimum Quarterly SIP installments: 4 Metals & Mining 6.99
Monthly AAUM as on April 30, 2024 Construction Materials 4.30
(Rs. in Cr.): 3,789.66 Healthcare 4.01
Oil Gas & Consumable Fuels 3.96 12.69 - Large Cap
Monthly AUM as on April 30, 2024 Power 3.59
(Rs. in Cr.): 3,971.09 Automobile and Auto Components 3.52
Services 3.44 6.62 - Mid Cap
as on April 30, 2024: Direct Plan: 0.25% Realty 3.09 80.69 - Small Cap
Load Structure: Textiles 2.82
Entry Load: N.A. Diversified 2.64
Exit Load:● An Exit Load of 1% is payable if Consumer Services 2.64
Chemicals 2.34
Units are redeemed / switched-out upto 3
months from the date of allotment; Consumer Durables 1.48
Construction 1.36 Data as on April 30, 2024
Media, Entertainment & Publication 0.83
NAV as on April 30, 2024: 1

Includes additional expenses charged in terms of Regulation 52(6A)(b) and 52 (6A)(c)of SEBI (Mutual Funds) Regulations, 1996
Regular Plan Direct Plan and Goods and Services Tax.
NAV/Unit
(In Rs.) (In Rs.) IDCW: Income Distribution cum Capital Withdrawal
IDCW 17.6923 18.1317 Please refer Page no. 28 for Product labelling and Benchmark Riskometer
Growth 17.6923 18.1317
14
Mahindra Manulife
FACTSHEET
Business Cycle Fund
April 2024
(An open ended equity scheme following business cycles
based investing theme)
The Scheme shall seek to generate long term Company / Issuer % of Net Company / Issuer % of Net
capital appreciation by investing predominantly in Assets Assets
equity and equity related securities with a focus on Automobile and Auto Components 5.43 Divi's Laboratories Ltd. 2.05
identifying and investing in business cycles Maruti Suzuki India Ltd. 1.63 Sun Pharmaceutical Industries Ltd. 1.69
through dynamic allocation between various Hero MotoCorp Ltd. 1.37 GlaxoSmithKline Pharmaceuticals Ltd. 1.51
sectors and stocks at different stages of business
cycles in the economy. However, there is no Asahi India Glass Ltd. 1.34 Cipla Ltd. 1.32
assurance that the objective of the Scheme will be Bharat Forge Ltd. 1.08 Piramal Pharma Ltd. 1.05
realized. Capital Goods 7.34 Natco Pharma Ltd. 0.74
Kirloskar Brothers Ltd. 1.81 Information Technology 7.70
Fund Features Lakshmi Machine Works Ltd. 1.57 Tata Consultancy Services Ltd. 2.49
Business Cycle fund aims to identify and invest in Bharat Bijlee Ltd. 1.49 Infosys Ltd. 1.72
select sectors based on the market and economic Carborundum Universal Ltd. 1.37 LTIMindtree Ltd. 1.26
dynamics. Inox India Ltd. 1.10 Wipro Ltd. 1.25
Skilled fund managers can strategically rotate the Chemicals 1.19 Tech Mahindra Ltd. 0.98
portfolio`s sectoral allocation to capture Vinati Organics Ltd. 1.19 Metals & Mining 8.41
outperformance during specific phases of the Construction 1.96 National Aluminium Company Ltd. 2.03
business cycle. ISGEC Heavy Engineering Ltd. 1.05 Tata Steel Ltd. 1.98
The Funds are designed to be flexible and adaptive PNC Infratech Ltd. 0.90 Steel Authority of India Ltd. 1.90
to changing economic & market conditions. Construction Materials 2.19 MOIL Ltd. 1.59
Investing in a business cycle fund allows investors Grasim Industries Ltd. 2.19 Kirloskar Ferrous Industries Ltd. 0.90
to participate in the growth potential of different Consumer Durables 2.78 Oil Gas & Consumable Fuels 12.05
sectors and industries as the economy progresses Voltas Ltd. 1.45 Reliance Industries Ltd. 4.33
through different phases of the cycle. VIP Industries Ltd. 1.33 Indraprastha Gas Ltd. 1.93
Diversified 2.06 GAIL (India) Ltd. 1.91
Fund Manager And Godrej Industries Ltd. 2.06 Coal India Ltd. 1.56
Experience Fast Moving Consumer Goods 3.81 Oil India Ltd. 1.35
Fund Manager: Mr. Krishna Sanghavi ITC Ltd. 1.78 Gujarat State Petronet Ltd. 0.98
Total Experience: 27 years Triveni Engineering & Industries Ltd. 1.45 Power 5.38
Experience in managing this fund: 7 months Emami Ltd. 0.59 CESC Ltd. 2.05
(Managing since September 11, 2023) Financial Services 21.69 NTPC Ltd. 1.86
Fund Manager: Mr. Renjith Sivaram State Bank of India 4.35 NHPC Ltd. 1.47
Total Experience: 13 years ICICI Bank Ltd. 3.61 Realty 0.87
Experience in managing this fund: 7 months
IndusInd Bank Ltd. 2.28 Anant Raj Ltd. 0.87
(Managing since September 11, 2023)
Canara Bank 2.07 Services 0.82
Fund Manager: Mr. Pranav Patel$
Bank of India 1.77 Firstsource Solutions Ltd. 0.82
Experience in managing this fund: 4 months Union Bank of India 1.67 Telecommunication 4.13
(Managing since January 05, 2024) Piramal Enterprises Ltd. 1.55 Indus Towers Ltd. 3.61
RBL Bank Ltd. 1.41 Bharti Hexacom Ltd. 0.52
$
Dedicated Fund Manager for Overseas
Investments. L&T Finance Ltd. 1.07 Textiles 0.92
Kotak Mahindra Bank Ltd. 1.06 S. P. Apparels Ltd. 0.92
Power Finance Corporation Ltd. 0.87 Equity and Equity Related Total 98.51
Scheme Details Forest Materials 1.44 Cash & Other Receivables 1.49
Century Textiles & Industries Ltd. 1.44 Grand Total 100.00
Date of allotment: September 11, 2023
Healthcare 8.37
Benchmark: NIFTY 500 TRI*
*Also referred as NSE 500 TRI, as per the list of benchmark
indices (1st tier benchmarks) published by AMFI.
Option: IDCW (IDCW Option will have

IDCW Reinvestment (D) & IDCW Payout
facility) and Growth (D) D-Default
Minimum Application Amount: Rs. 1000 and in
SECTOR ALLOCATION (%) MARKET CAPITALIZATION
Minimum Additional Purchase Amount: Rs. 1,000/- Financial Services 21.69 (% of Equity Holdings)
and in multiples of Re. 1/- thereafter Oil Gas & Consumable Fuels 12.05
Minimum Repurchase Amount: Rs. 1,000/- or 100 Healthcare 8.37
units or account balance, whichever is lower Information Technology 7.70
Minimum Weekly & Monthly SIP Amount: Rs 500 Capital Goods 7.34
Automobile and Auto Components 46.57 - Large Cap
and in multiples of Rs 1/- thereafter 5.43
Power 5.38
Minimum Weekly & Monthly SIP installments: 6 Telecommunication 4.13 20.90 - Mid Cap
Minimum Quarterly SIP Amount: Rs 1,500 and Fast Moving Consumer Goods 3.81
in multiples of Rs 1/- thereafter Consumer Durables 2.78 32.53 - Small Cap
Minimum Quarterly SIP installments: 4 Diversified 2.06
Monthly AAUM as on April 30, 2024 Construction 1.96
(Rs. in Cr.): 784.23 Forest Materials 1.44
Chemicals 1.19
Monthly AUM as on April 30, 2024 Textiles 0.92 Data as on April 30, 2024
(Rs. in Cr.): 826.97 Realty 0.87
Regular Plan: 2.22% Services 0.82 As per the latest Market Capitalisation data provided by AMFI
as on April 30, 2024: Direct Plan: 0.43% Data as on April 30, 2024 (In line with the applicable SEBI guidelines)
Load Structure:
Entry Load: N.A.
Exit Load: ● An Exit Load of 1% is payable if
Units are redeemed / switched-out upto
3 months from the date of allotment;
in First out Basis (FIFO).

Includes additional expenses charged in terms of Regulation 52(6A)(b) and 52 (6A)(c)of SEBI (Mutual Funds) Regulations, 1996
Regular Plan Direct Plan and Goods and Services Tax.
NAV/Unit
IDCW 13.5093 13.6716 Please refer Page no. 28 for Product labelling and Benchmark Riskometer
Growth 13.5093 13.6716
15
FACTSHEET
Mahindra Manulife Asia
April 2024
Pacific REITs FOF
(An open ended fund of fund scheme investing in Manulife Global Fund –
Asia Pacific REIT Fund)
Investment Objective Portfolio as on April 30, 2024

The investment objective of the Scheme is to Company / Issuer % of Net Assets
provide long term capital appreciation by investing
predominantly in units of Manulife Global Fund – International Mutual Fund Units 98.71
Asia Pacific REIT Fund, an overseas fund primarily Manulife Global Fund SICAV-Asia Pacific REIT 98.71
investing in real estate investment trusts (REITs)
in the Asia Pacific ex-Japan region. However, there Cash & Other Receivables 1.29
can be no assurance that the investment objective Grand Total 100.00
of the Scheme will be achieved
Fund Features
Aims to achieve capital appreciation
Aims to provide Inflation Hedge SECTOR ALLOCATION (%)
Diversification in real estate with very low
investment
Fund Manager and

Experience
Fund Manager: Mr. Pranav Patel^ International Mutual Fund Units 98.71
Total Experience: 9 years (^Dedicated Fund
Manager for Overseas Investments)
(Managing since January 05, 2024)
Fund Manager (Debt): Mr. Amit Garg
Experience in managing this fund: 2 Year and
6 Months (Managing since October 20, 2021) Cash & Other Receivables 1.29
Scheme Details
Date of allotment: October 20, 2021
Benchmark: FTSE EPRA Nareit Asia ex Japan
REITs Index Data as on April 30, 2024
Growth (D) D-Default
Minimum Application Amount: Rs. 5,000 and in
multiples of Rs. 1/- thereafter
Minimum Additional Purchase Amount: Rs. 1,000
and in multiples of Rs. 1/- thereafter
Minimum SIP Amount: Rs. 1000 (Weekly &
Monthly) and Rs. 1500 (Quarterly SIP) and in
(Rs. in Cr.): 21.94
(Rs. in Cr.): 21.40
Load Structure:
Entry Load: N.A.
Exit Load: 10% of the units allotted shall be
redeemed without any exit load, on or before
completion of 12 months from the date of allotment
of Units.
Any redemption in excess of the above limit shall be
subject to the following exit load:
● An exit load of 1% is payable if Units are redeemed
/ switched-out on or before completion of 12 months
from the date of allotment of Units;
● Nil - If Units are redeemed / switched-out after
completion of 12 months from the date of allotment
of Units.

1
NAV/Unit and Goods and Services Tax.
(In Rs.) (In Rs.)
IDCW 7.7943 7.9945
Growth 7.7943 7.9945
16
Hybrid Scheme Snapshot
Scheme Name Mahindra Manulife Mahindra Manulife Mahindra Manulife Mahindra Manulife Mahindra Manulife Multi
Aggressive Hybrid Fund Arbitrage Fund Equity Savings Fund Balanced Advantage Fund Asset Allocation Fund
Category Aggressive Hybrid Fund Arbitrage Equity Savings Dynamic Asset Allocation Multi Asset Allocation
Inception Date July 19, 2019 August 24, 2020 February 1, 2017 December 30, 2021 March 13, 2024
Benchmark 45% NIFTY 500 TRI + 40% CRISIL

CRISIL Hybrid 35+65 Nifty 50 Hybrid Composite Debt 50: Composite Bond Index + 10%
Nifty 50 Arbitrage Index TRI Nifty Equity Savings Index TRI
Aggressive Index 50 Index TRI Domestic Price of Physical Gold +
5% Domestic Price of Silver
Fund Manager Fatema Pacha, Mr. Manish Lodha,

Abhinav Khandelwal, Manish Lodha, Mr. Renjith Sivaram,
Manish Lodha, Rahul Pal Mr. Renjith Sivaram, Mr. Rahul Pal
Manish Lodha & Rahul Pal Fatema Pacha & Rahul Pal Mr. Rahul Pal & Mr. Pranav Patel^
& Mr. Amit Garg££ & Mr. Pranav Patel^
AUM (` in cr.) 1,138.39 65.22 485.01 731.33 241.35
Total No of
Equity holdings
56 29 55 50 53
Top 5 Sectors Financial Services 22.39% Financial Services 18.40% Financial Services 18.38% Oil Gas & Consumable Fuels 12.43% Financial Services 10.13%
(% to Net Assets) Information Technology 7.92% Construction Materials 9.19%
Oil Gas & Consumable Fuels 9.54% Financial Services 12.39% Oil Gas & Consumable Fuels 5.35%
Oil Gas & Consumable Fuels 6.57% Metals & Mining 7.02% Fast Moving Consumer Goods 5.98% Power 7.74% Fast Moving Consumer Goods 3.19%
Fast Moving Consumer Goods 6.38% Power 6.81% Oil Gas & Consumable Fuels 5.67% Automobile and Auto
Telecommunication 5.65% 3.08%
Automobile and Auto Components
5.84% Information Technology 5.30%
Components Telecommunication 6.23% Construction 4.66% Capital Goods 2.92%

(% to Net Assets) 34% 38% 31% 31% 14%
Market Cap (% to Equity

16.24% 11.37%
Holdings) 19.60% 15.77% 20.50%
Small Cap 6.99%
Mid Cap 10.48% 15.46%
Large Cap 22.54%
As per the latest Market
Capitalisation data provided by 31%
AMFI (In line with the applicable 83.76%
SEBI guidelines)
81.64%
69.92% 68.77%
56.96%

in scheme since 1 Year
13,496 10,613 11,941 13,147 -

in benchmark since 1 Year
12,530 10,808 11,415 11,638 -
Past performance may or may not be sustained in future and should not be used as a basis of comparison with other investments. The performance details provided herein are of Growth Option under Regular Plan and based on standard investment of Rs. 10,000
made since inception. Different Plans i.e Regular Plan and Direct Plan under the scheme have different expense structure. Please refer Pg. no 31 to 36 of Factsheet for complete details of Scheme performance as per SEBI prescribed format. ^Dedicated Fund
Manager for Overseas Investments. ££Pursuant to change in Fund Management Responsibilities, the scheme shall be co-managed by Ms. Fatema Pacha, Mr. Manish Lodha, Mr. Rahul Pal and Mr. Amit Garg effective May 2, 2024.
Mahindra Manulife
FACTSHEET
Equity Savings Fund
April 2024
(An open ended scheme investing in equity, arbitrage and debt)
The Scheme seeks to generate long term capital Company / Issuer % of Net % to NAV Company / Issuer Rating % of Net % to NAV
appreciation and also income through investments Assets¢ Derivatives Assets¢ Derivatives
in equity and equity related instruments, arbitrage Automobile and Auto Components 3.75 -0.56 Metals & Mining 2.88 -2.00
opportunities and investments in debt and money Tata Motors Ltd. 0.93 Jindal Steel & Power Ltd. 1.34 -1.35
market instruments. However, there can be no LG Balakrishnan & Bros Ltd. 0.86 Hindalco Industries Ltd. 1.06 -0.66
assurance that the investment objective of the Asahi India Glass Ltd. 0.78 Tata Steel Ltd. 0.48
Scheme will be achieved. The Scheme does not Bharat Forge Ltd. 0.62 Oil Gas & Consumable Fuels 5.67 -2.01
assure or guarantee any returns. Mahindra & Mahindra Ltd. 0.56 -0.56 Reliance Industries Ltd. 3.50 -1.81
Fund Features Capital Goods 3.18 Coal India Ltd. 1.10 -0.20
Sanghvi Movers Ltd. 0.66 GAIL (India) Ltd. 1.07
Potential capital appreciation and wealth accumulation Inox India Ltd. 0.61 Power 2.03 -0.23
through regular investments in the long term. TD Power Systems Ltd. 0.53 NTPC Ltd. 1.57 -0.23
Balances the risk of equity with investments in debt Syrma SGS Technology Ltd. 0.50 CESC Ltd. 0.46
and derivative securities. Escorts Kubota Ltd. 0.45 Telecommunication 0.51
Flexible Asset Allocation feature in dynamic market scenarios. KEI Industries Ltd. 0.43 Indus Towers Ltd. 0.51
Chemicals 0.80 Textiles 0.75
Fund Manager and Coromandel International Ltd. 0.42 Nitin Spinners Ltd. 0.75
Experience Archean Chemical Industries Ltd. 0.39 Equity and Equity Related Total 65.34 -29.95
Construction 1.64 -0.22 Real Estate Investment Trusts (REIT) 2.50
Fund Manager (Equity): Mr. Manish Lodha
Total Experience: 23 years Larsen & Toubro Ltd. 1.64 -0.22 Brookfield India Real Estate Trust 2.50
Experience in managing this fund: 3 years and Construction Materials 9.19 -7.12 Corporate Bond 14.86
Ambuja Cements Ltd. 6.90 -6.93 Kotak Mahindra CRISIL AAA 2.07
Grasim Industries Ltd. 1.03 -0.19 Investments Ltd.
Fund Manager (Equity): Mr. Renjith Sivaram Shree Cement Ltd. 0.92 Bharti Telecom Ltd. CRISIL AA+ 2.07
JK Cement Ltd. 0.35 Godrej Industries Ltd. CRISIL AA 2.06
(managing since July 03, 2023) Consumer Durables 1.28 Small Industries Dev ICRA AAA 2.05
Havells India Ltd. 0.76 Bank of India
Fund Manager (Debt): Mr. Rahul Pal
Total Experience: 22 years Voltas Ltd. 0.52 National Bank for Agriculture CRISIL AAA 1.56
Experience in managing this fund: 7 years and Consumer Services 0.59 and Rural Development
3 months (managing since February 1, 2017) Aditya Vision Ltd 0.59 Shriram Finance Ltd. CRISIL AA+ 1.04
Fund Manager (Hybrid): Mr. Pranav Patel$ Fast Moving Consumer Goods 5.98 -3.45 Kotak Mahindra Prime Ltd. CRISIL AAA 1.03
Total Experience: 9 years ITC Ltd. 2.77 -2.29 Mindspace Business CRISIL AAA 1.03
Experience in managing this fund: 4 months Hindustan Unilever Ltd. 1.15 -1.15 Parks REIT
(Managing since January 05, 2024) Tata Consumer Products Ltd. 1.03 Embassy Office Parks REIT CRISIL AAA 1.03
$
Dedicated Fund Manager for Overseas Investments Dabur India Ltd. 0.58 TVS Credit Services Ltd. CRISIL AA 0.51
Triveni Engineering & Industries Ltd. 0.47 Power Finance CRISIL AAA 0.41
Financial Services 18.38 -10.78 Corporation Ltd.
Scheme Details ICICI Bank Ltd. 3.42 -2.56 Government Bond 6.20
Date of allotment: February 1, 2017 HDFC Bank Ltd. 3.16 -2.01 7.32% GOI SOV 3.63
Benchmark: Nifty Equity Savings Index TRI Bajaj Finance Ltd. 3.07 -3.09 (MD 13/11/2030)
Canara Bank 1.94 -1.95 7.18% GOI SOV 1.85
IndusInd Bank Ltd. 1.88 -0.44 (MD 14/08/2033)
Kotak Mahindra Bank Ltd. 1.33 -0.73 7.18% GOI SOV 0.72
State Bank of India 0.83 (MD 24/07/2037)
Minimum Application Amount: Rs. 1,000/- and in L&T Finance Ltd. 0.78 Treasury Bill 7.78
multiples of Re. 1/- thereafter REC Ltd. 0.77 364 Days Tbill SOV 2.80
Minimum Additional Purchase Amount: Rs. 1,000/- SBI Life Insurance Company Ltd. 0.70 (MD 17/10/2024)
and in multiples of Re. 1/- thereafter ICICI Securities Ltd. 0.50 364 Days Tbill SOV 2.01
Minimum Repurchase Amount: Rs. 1,000/- or Healthcare 3.40 -1.68 (MD 19/09/2024)
100 units or account balance, whichever is lower Sun Pharmaceutical Industries Ltd. 2.45 -1.68 364 Days Tbill SOV 1.99
Minimum Weekly & Monthly SIP Amount: Rs 500 Divi's Laboratories Ltd. 0.95 (MD 14/11/2024)
and in multiples of Re 1 thereafter Information Technology 5.30 -1.90 364 Days Tbill SOV 0.99
Minimum Weekly & Monthly SIP Installments: 6 Tech Mahindra Ltd. 1.90 -1.07 (MD 26/12/2024)
Minimum Quarterly SIP Amount: Rs 1,500 and in Infosys Ltd. 1.29 -0.39 Zero Coupon Bond 1.16
multiples of Re 1 thereafter LTIMindtree Ltd. 0.92 -0.44 Tata Motors Finance Ltd. CRISIL AA 1.16
Minimum Quarterly SIP installments: 4 Persistent Systems Ltd. 0.48 Cash & Net Receivables/(Payables) 2.17
Wipro Ltd. 0.37 Grand Total 100.00
Cyient Ltd. 0.34 Hedged and Unhedged postions
(Rs. in Cr.): 478.78 ¢

(Rs. in Cr.): 485.01 SECTOR ALLOCATION MARKET CAPITALIZATION
Total Expense Ratio1 Regular Plan: 2.39% (% Unhedged Equity) (% of Equity Holdings)
Load Structure:
Entry Load: N.A.
Exit Load: 10% of the units allotted shall be redeemed without any
exit load, on or before completion of 15 calendar days from the Oil Gas & Consumable Fuels 5.67
date of allotment of Units. Information Technology 5.30 81.64 - Large Cap
Any redemption in excess of the above limit shall be subject to the Automobile and Auto Components 3.75
following exit load: Healthcare 3.40
● An exit load of 1% is payable if Units are redeemed / 6.99 - Mid Cap
Capital Goods 3.18
switched-out on or before completion of 15 calendar days from Metals & Mining 2.88
the date of allotment of Units;
Power 2.03 11.37 - Small Cap
● Nil - If Units are redeemed / switched-out after completion of 15 Construction
calendar days from the date of allotment of Units.
1.64
Chemicals 0.80
Portfolio Information Textiles 0.75
Annualised Portfolio YTM*2^ 7.67%3 Consumer Services 0.59
Telecommunication 0.51 Data as on April 30, 2024
Macaulay Duration^ 2.37 Year3
Modified Duration^ 2.263 Data as on April 30, 2024 As per the latest Market Capitalisation data provided by AMFI
Residual Maturity^ 2.88 Years3 (In line with the applicable SEBI guidelines)
Portfolio Turnover Ratio (Last 1 year) 4.00
As on (Date) April 30, 2024
IDCW HISTORY
Standard Deviation 6.04%
Record Date Plan(s)/Option(s)
Beta 1.16
17-Mar-22 Regular IDCW 0.80 10 13.4499
Sharpe Ratio# 0.64 17-Mar-22 Direct IDCW 0.80 10 14.9344
Jenson’s Alpha 0.0577 27-Feb-23 Regular IDCW 1.00 10 13.1514
*In case of semi annual YTM, it will be annualised
^For debt component
27-Feb-23 Direct IDCW 1.00 10 14.9588
#Risk-free rate assumed to be 6.75% (MIBOR as on 30-04-24) 14-Mar-24 Regular IDCW 1.00 10 14.3968
Note: As per AMFI guidelines for factsheet, the ratios are calculated based
14-Mar-24 Direct IDCW 1.00 10 16.8312
on month rolling returns for last 3 years. Data as on April 30, 2024
Pursuant to payment of IDCW, the NAV of the IDCW Option(s) of the Scheme/Plan(s) falls to the extent of payout and statutory levy, if any.
Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.
NAV/Unit 1
Includes additional expenses charged in terms of Regulation 52(6A)(b) and 52(6A)(c) of SEBI (Mutual Funds) Regulations, 1996 and Goods and
(In Rs.) (In Rs.) Services Tax; 2Yield to maturity should not be construed as minimum return offered by the Scheme.
IDCW 13.5397 16.0424 IDCW: Income Distribution cum Capital Withdrawal. 3Calculated on amount invested in debt securities (including accrued interest), deployment of
funds in TREPS and Reverse Repo and net receivable / payable.
17
Mahindra Manulife
FACTSHEET
Aggressive Hybrid
April 2024
Fund
(An open ended hybrid scheme investing
predominantly in equity and equity related instruments)
The Scheme seeks to generate long term capital Company / Issuer % of Net Company / Issuer Rating % of Net
appreciation and also income through investments Assets Assets
in equity and equity related instruments and Automobile and Auto Components 5.84 Union Bank of India 0.61
investments in debt and money market Eicher Motors Ltd. 1.21 Forest Materials 0.89
instruments. However, there can be no assurance UNO Minda Ltd. 1.15 Century Textiles & Industries Ltd. 0.89
that the investment objective of the Scheme will Tata Motors Ltd. 1.04 Healthcare 4.38
be achieved. The Scheme does not assure or Schaeffler India Ltd. 0.99 Divi's Laboratories Ltd. 1.57
guarantee any returns Mahindra & Mahindra Ltd. 0.88 Biocon Ltd. 1.38
LG Balakrishnan & Bros Ltd. 0.57 Torrent Pharmaceuticals Ltd. 0.76
Fund Features Capital Goods 5.38 Natco Pharma Ltd. 0.68
Balanced portfolio with growth focus Lakshmi Machine Works Ltd. 1.19 Information Technology 7.92
CG Power and Industrial Solutions Ltd. 0.92 Infosys Ltd. 3.35
Security selection through robust process
Kaynes Technology India Ltd. 0.90 Tata Consultancy Services Ltd. 2.14
frameworks
Ratnamani Metals & Tubes Ltd. 0.90 Tech Mahindra Ltd. 1.29
Suitable for planning long term goals Tega Industries Ltd. 0.73 Wipro Ltd. 1.14
Apollo Pipes Ltd. 0.51 Metals & Mining 1.76
Fund Manager ABB India Ltd. 0.23 National Aluminium Company Ltd. 1.00
and Experience Chemicals 1.95 Tata Steel Ltd. 0.75
Fund Manager (Equity): Ms. Fatema Pacha SRF Ltd. 1.17 Oil Gas & Consumable Fuels 6.57
Total Experience: 18 years Gujarat State Fertilizers & Chemicals Ltd. 0.77 Reliance Industries Ltd. 4.38
Experience in managing this fund: 3 years and Construction 3.90 GAIL (India) Ltd. 1.10
Larsen & Toubro Ltd. 2.82 Oil India Ltd. 1.09
6 months (managing since October 16, 2020)
Kalpataru Projects International Ltd. 1.08 Power 1.42
Fund Manager (Equity): Mr. Manish Lodha Construction Materials 0.53 Tata Power Company Ltd. 1.42
Total Experience: 23 years UltraTech Cement Ltd. 0.53 Telecommunication 1.00
Experience in managing this fund: 3 years and Consumer Durables 2.44 Bharti Airtel Ltd. 1.00
4 months (Managing since December 21, 2020) Whirlpool of India Ltd. 1.43 Textiles 0.86
Fund Manager (Debt): Mr. Rahul Pal Havells India Ltd. 1.01 Vardhman Textiles Ltd. 0.86
Total Experience: 22 years Consumer Services 3.99 Equity and Equity Related Total 77.58
Experience in managing this fund: 4 years and Avenue Supermarts Ltd. 1.46 Corporate Bond 8.84
9 months (Managing since July 19, 2019) FSN E-Commerce Ventures Ltd. 0.98 Bharti Telecom Ltd. CRISIL AA+ 2.12
Fund Manager (Debt): Mr. Amit Garg££ V-Mart Retail Ltd. 0.84 TVS Credit Services Ltd. CRISIL AA 1.75
Total Experience: 19 years Aditya Vision Ltd 0.71 Kotak Mahindra Prime Ltd. CRISIL AAA 1.32
Experience in managing this fund: Fast Moving Consumer Goods 6.38 Shriram Finance Ltd. CRISIL AA+ 1.10
(Managing from May 02, 2024) ITC Ltd. 2.05 Mindspace Business Parks REIT CRISIL AAA 0.62
Nestle India Ltd. 1.46 National Bank For Agriculture CRISIL AAA 0.45
SCHEME DETAILS Gillette India Ltd. 0.82 and Rural Development
Colgate Palmolive (India) Ltd. 0.73 Embassy Office Parks REIT CRISIL AAA 0.44
Date of allotment: July 19, 2019 Balrampur Chini Mills Ltd. 0.73 TATA Realty & Infrastructure Ltd. ICRA AA+ 0.44
Benchmark: CRISIL Hybrid 35+65 Aggressive Index Doms Industries Ltd. 0.59 Godrej Industries Ltd. CRISIL AA 0.43
Financial Services 22.39 360 One Prime Ltd. CRISIL AA 0.18
Option: IDCW (IDCW Option will have IDCW ICICI Bank Ltd. 5.74 Government Bond 9.16
Reinvestment (D) & IDCW Payout facility) and HDFC Bank Ltd. 4.98 7.18% GOI (MD 14/08/2033) SOV 4.61
Growth (D) D-Default State Bank of India 3.45 7.18% GOI (MD 24/07/2037) SOV 3.45
Minimum Application Amount: Rs. 1,000/- and in Axis Bank Ltd. 2.66 7.34% GOI (MD 22/04/2064) SOV 0.88
multiples of Re. 1/- thereafter Shriram Finance Ltd. 2.04 4.04% GOI FRB (MD 04/10/2028) SOV 0.22
Minimum Redemption Amount: Rs. 1,000/- or Cholamandalam Investment 1.15 Zero Coupon Bond 1.98
100 units or account balance, whichever is lower and Finance Company Ltd. Tata Motors Finance Ltd. CRISIL AA 1.98
L&T Finance Ltd. 0.89 Cash & Net Receivables/(Payables) 2.44
Minimum Weekly & Monthly SIP Amount: Rs 500 ICICI Prudential Life Insurance Company Ltd. 0.86 Grand Total 100.00
Monthly AAUM as on April 30, 2024 SECTOR ALLOCATION (%) MARKET CAPITALIZATION
(Rs. in Cr.): 1,105.93
Financial Services 22.39 (% of Equity Holdings)
(Rs. in Cr.): 1,138.39
Oil Gas & Consumable Fuels 6.57
Total Expense Ratio1 Regular Plan: 2.12% Fast Moving Consumer Goods 6.38
as on April 30, 2024: Direct Plan: 0.48% Automobile and Auto Components 5.84
Load Structure: Capital Goods 5.38 69.92 - Large Cap
Entry Load: N.A. Healthcare 4.38
Exit Load: 10% of the units allotted shall be redeemed Consumer Services 3.99 10.48 - Mid Cap
without any exit load, on or before completion of 3 Construction 3.90
months from the date of allotment of Units. Consumer Durables 2.44 19.60 - Small Cap
Any redemption in excess of the above limit shall be Chemicals 1.95
subject to the following exit load: Metals & Mining 1.76
● An exit load of 1% is payable if Units are redeemed / Power 1.42
switched-out on or before completion of 3 months
from the date of allotment of Units; Data as on April 30, 2024
completion of 3 months from the date of allotment of Textiles 0.86
Units Construction Materials 0.53
(In line with the applicable SEBI guidelines)
Portfolio Information
IDCW HISTORY
Annualised Portfolio YTM*2^ 7.87%3
Macaulay Duration^ 4.32 years3 IDCW Face Value Cum-IDCW NAV
Modified Duration^ 4.123 (Rs. per unit) (Rs. per unit) (Rs. per unit)
Residual Maturity^ 6.74 years3
17-Mar-22 Regular IDCW 1.00 10 15.1780
As on (Date) April 30, 2024 17-Mar-22 Direct IDCW 1.00 10 15.9901
Standard Deviation 10.39% 27-Feb-23 Regular IDCW 1.00 10 15.0487
Beta 1.07 27-Feb-23 Direct IDCW 1.00 10 16.2165
Sharpe Ratio# 1.08 14-Mar-24 Regular IDCW 1.00 10 18.5445
Jenson’s Alpha 0.2635
14-Mar-24 Direct IDCW 1.00 10 20.4453
^For debt component
Pursuant to payment of IDCW, the NAV of the IDCW Option(s) of the Scheme/Plan(s) falls to the extent of payout and statutory levy, if any. Past
#Risk-free rate assumed to be 6.75% (MIBOR as on 30-04-24)
performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.
Note: As per AMFI guidelines for factsheet, the ratios are calculated based For complete list of IDCWs, visit www.mahindramanulife.com.
on month rolling returns for last 3 years. Data as on April 30, 2024 1
Includes additional expenses charged in terms of Regulation 52(6A)(b) and 52(6A)(c) of SEBI (Mutual Funds) Regulations, 1996 and Goods and
Services Tax. 2Yield to maturity should not be construed as minimum return offered by the Scheme;
NAV as on April 30, 2024: ££
Pursuant to change in Fund Management Responsibilities, the scheme shall be co-managed by Ms. Fatema Pacha, Mr. Manish Lodha, Mr. Rahul Pal
Regular Plan Direct Plan and Mr. Amit Garg effective May 2, 2024
NAV/Unit
IDCW 18.1056 20.1198
3
Calculated on amount invested in debt securities (including accrued interest), deployment of funds in TREPS and Reverse Repo and net
receivable / payable.
18
FACTSHEET Mahindra Manulife
April 2024
Balanced Advantage
Fund
(An open ended dynamic asset allocation fund)
Investment Objective
Portfolio ( Top Ten Holdings - Issuer wise) as on April 30, 2024
The investment objective of the Scheme is to Company / Issuer % of Net % to NAV Company / Issuer Rating % of Net % to NAV
provide capital appreciation and generate income Assets$ Derivatives Assets$ Derivatives
through a dynamic mix of equity, debt and money Automobile and Auto Components 3.99 Information Technology 4.01
market instruments. The Scheme seeks to reduce
Tata Motors Ltd. 1.77 Tata Consultancy Services Ltd. 2.62
the volatility by diversifying the assets across equity,
debt and money market instruments. However, Eicher Motors Ltd. 1.26 Wipro Ltd. 1.39
there can be no assurance that the investment LG Balakrishnan & Bros Ltd. 0.96 Oil Gas & Consumable Fuels 12.43 -1.44
objective of the Scheme will be achieved. Capital Goods 4.13 Reliance Industries Ltd. 4.77
Inox India Ltd. 1.15 Coal India Ltd. 3.32 -1.44
Fund Features Garden Reach Shipbuilders & Engineers Ltd. 0.88 Hindustan Petroleum Corporation Ltd. 2.27
Optimal asset allocation at regular intervals. Titagarh Rail Systems Ltd. 0.68 Indian Oil Corporation Ltd. 1.62
Aims to capture the optimum mix between Equity Bharat Electronics Ltd. 0.64 GAIL (India) Ltd. 0.44
and Debt across market cycles. Apar Industries Ltd. 0.40 Power 7.74 -3.93
With flexibility to invest upto 100% in equity & Jyoti CNC Automation Ltd 0.39 NTPC Ltd. 3.90 -2.55
debt, the Scheme may be suitable for volatile Chemicals 1.45 Tata Power Company Ltd. 2.46
market conditions. SRF Ltd. 0.90 Power Grid Corporation of India Ltd. 1.38 -1.39
Endeavours to provide tax efficiency* Gujarat State Fertilizers & Chemicals Ltd. 0.55 Telecommunication 5.65
Atul Ltd. 0.004 Bharti Airtel Ltd. 2.62
*Though the scheme is a dynamic asset allocation scheme,
the endeavour will be to invest a minimum of 65% of its net Construction 4.66 Indus Towers Ltd. 1.94
assets in equity and equity related instruments which may Larsen & Toubro Ltd. 2.70 Bharti Hexacom Ltd. 1.08
help in attracting equity taxation as per prevailing tax laws.
IRCON International Ltd. 1.03 Textiles 1.36
Fund Manager and Power Mech Projects Ltd. 0.93 K.P.R. Mill Ltd. 0.81
Experience Construction Materials 1.33 Vardhman Textiles Ltd. 0.55
Fund Manager (Equity): Mr. Manish Lodha ACC Ltd. 1.33 Equity and Equity Related Total 66.51 -6.56
Total Experience: 23 years Consumer Durables 0.004 Certificate of Deposit 3.70
Experience in managing this fund: 2 Years and Voltas Ltd. 0.004 HDFC Bank Ltd. CRISIL A1+/ 3.70
4 months (Managing since December 30, 2021) Consumer Services 1.22 CARE A1+
Fund Manager (Equity): Ms. Fatema Pacha Aditya Vision Ltd 0.82 Corporate Bond 7.59
Total Experience: 18 years The Indian Hotels Company Ltd. 0.39 National Bank for Agriculture CRISIL AAA 3.63
Experience in managing this fund: 2 Years and Fast Moving Consumer Goods 1.75 and Rural Development
4 months (managing since December 30, 2021) United Spirits Ltd. 1.21 Power Finance CRISIL AAA 1.37
Fund Manager (Debt): Mr. Rahul Pal Balrampur Chini Mills Ltd. 0.54 Corporation Ltd.
Total Experience: 22 years Financial Services 12.39 -1.19 REC Ltd. CRISIL AAA 1.36
Experience in managing this fund: 2 Years and Canara Bank 3.61 Bharti Telecom Ltd. CRISIL AA+ 1.24
State Bank of India 2.37 Government Bond 11.94
Scheme Details ICICI Bank Ltd. 1.18 -1.19 7.18% GOI SOV 5.65
Union Bank of India 1.05 (MD 24/07/2037)
Date of allotment: December 30, 2021
Shriram Finance Ltd. 0.94 7.18% GOI SOV 4.23
Benchmark: Nifty 50 Hybrid Composite Debt
HDFC Asset Management Company Ltd. 0.85 (MD 14/08/2033)
50: 50 Index TRI
The Jammu & Kashmir Bank Ltd. 0.82 7.38% GOI SOV 2.06
Options: Option: IDCW and Growth (D) D - Default
The South Indian Bank Ltd. 0.79 (MD 20/06/2027)
IDCW Sub-options: IDCW Reinvestment (D)
Punjab National Bank 0.77 Treasury Bill 3.01
& IDCW Payout
Healthcare 4.40 364 Days Tbill SOV 1.70
Minimum Application Amount: Rs. 1,000/- and in
Cipla Ltd. 1.44 (MD 02/01/2025)
multiples of Re.1/- thereafter
Dr. Reddy's Laboratories Ltd. 1.36 364 Days Tbill SOV 1.32
Biocon Ltd. 1.02 (MD 21/11/2024)
Max Healthcare Institute Ltd. 0.57 Cash & Other Receivables 7.25
Divi's Laboratories Ltd. 0.01 Grand Total 100.00
whichever is lower $
Hedged and Unhedged positions
SECTOR ALLOCATION MARKET CAPITALIZATION
Monthly AAUM as on April 30, 2024 (% of Equity Holdings)
(% Unhedged Equity)
(Rs. in Cr.): 717.59
Monthly AUM as on April 30, 2024 Oil Gas & Consumable Fuels 12.43
(Rs. in Cr.): 731.33 Financial Services 12.39
Total Expense Ratio1 Regular Plan: 2.28% Power 7.74
as on April 30, 2024: Direct Plan: 0.57% Telecommunication 5.65
Construction 4.66 68.77 - Large Cap
Load Structure:
Healthcare 4.40
Entry Load: N.A.
Exit Load: 10% of the units allotted shall be redeemed
Capital Goods 4.13 15.46 - Mid Cap
without any exit load, on or before completion of 3 months Information Technology 4.01
from the date of allotment of Units. Automobile and Auto Components 3.99 15.77 - Small Cap
Any redemption in excess of the above limit shall be subject Fast Moving Consumer Goods 1.75
to the following exit load:
Chemicals 1.45
● An Exit Load of 1% is payable if Units are redeemed /
switched-out on or before completion of 3 months from the Textiles 1.36
date of allotment of Units; Construction Materials 1.33
● Nil - If Units are redeemed / switched-out after completion Consumer Services 1.22 Data as on April 30, 2024
of 3 months from the date of allotment of Units.
Macaulay Duration^ 2.95 years3 IDCW HISTORY
Modified Duration^ 2.843 IDCW Face Value Cum-IDCW NAV
Residual Maturity^ 4.11 years3 Record Date Plan(s) / Option(s)
As on (Date) April 30, 2024 14-Mar-24 Regular IDCW 1.00 10 13.1323
*In case of semi annual YTM, it will be annualised 14-Mar-24 Direct IDCW 1.00 10 13.6732
^For debt component
Pursuant to payment of IDCW, the NAV of the IDCW Option(s) of the Scheme/Plan(s) falls to the extent of payout and statutory levy, if any.
Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.
NAV as on April 30, 2024: For complete list of IDCWs, visit www.mahindramanulife.com.
1
Includes additional expenses charged in terms of Regulation 52(6A)(b) and 52(6A)(c) of SEBI (Mutual Funds) Regulations, 1996 and
NAV/Unit Goods and Services Tax. 2Yield to maturity should not be construed as minimum return offered by the Scheme;
(In Rs.) (In Rs.)
IDCW 12.2394 12.8191 3
receivable / payable.
Growth 13.2781 13.8600
19
Mahindra Manulife Multi
FACTSHEET
Asset Allocation Fund
April 2024
(An open ended scheme investing in Equity, Debt, Gold/Silver
Exchange Traded Funds (ETFs) and Exchange Traded
Commodity Derivatives)
The investment objective of the Scheme is to seek to Company / Issuer % of Net Company / Issuer Rating
% of Net
generate long-term capital appreciation and income Assets Assets
by investing in equity and equity related securities, Automobile and Auto Components 3.08 Infosys Ltd. 1.02
debt & money market instruments, Gold/Silver ETFs Maruti Suzuki India Ltd. 0.89 Tech Mahindra Ltd. 0.89
and Exchange Traded Commodity Derivatives Bharat Forge Ltd. 0.87 Wipro Ltd. 0.56
(ETCDs) as permitted by SEBI from time to time. Hero MotoCorp Ltd. 0.80 Cyient Ltd. 0.42
However, there can be no assurance that the LG Balakrishnan & Bros Ltd. 0.52 Metals & Mining 1.81
investment objective of the Scheme will be achieved. Capital Goods 2.92 Hindalco Industries Ltd. 0.93
Carborundum Universal Ltd. 0.52 Tata Steel Ltd. 0.88
Fund Features Kirloskar Brothers Ltd. 0.49 Oil Gas & Consumable Fuels 5.35
Professional Asset Allocation Asset Allocation shall be TD Power Systems Ltd. 0.49 Hindustan Petroleum Corporation Ltd. 1.01
rebalanced regularly by fund managers based on Syrma SGS Technology Ltd. 0.48 Reliance Industries Ltd. 0.88
evolving market dynamics Escorts Kubota Ltd. 0.47 Coal India Ltd. 0.87
Diversified Portfolio Portfolio that aims to combine Ratnamani Metals & Tubes Ltd. 0.47 Oil India Ltd. 0.86
stability of fixed income, growth potential of equity and Chemicals 1.39 Indraprastha Gas Ltd. 0.65
tactical exposure to gold/silver Coromandel International Ltd. 0.91 Gujarat State Petronet Ltd. 0.55
Tax Efficient Provides investors with an opportunity Archean Chemical Industries Ltd. 0.48 Petronet LNG Ltd. 0.53
for long term capital gains taxation with the benefit Construction 2.52 Power 2.30
of indexationℓ Larsen & Toubro Ltd. 1.30 NTPC Ltd. 1.82
ℓ
As per prevailing tax laws. Please refer Scheme Information Document of the ISGEC Heavy Engineering Ltd. 0.70 CESC Ltd. 0.48
Scheme for more details on taxation. In view of individual nature of tax
consequences, each unit holder is advised to consult his/her own professional tax
PNC Infratech Ltd. 0.52 Telecommunication 1.40
advisors Construction Materials 1.54 Bharti Hexacom Ltd. 0.86
Fund Manager and JK Cement Ltd. 0.66 Indus Towers Ltd. 0.53
Experience Shree Cement Ltd. 0.44 Textiles 1.05
Grasim Industries Ltd. 0.44 Nitin Spinners Ltd. 0.55
Fund Manager (Equity): Mr. Renjith Sivaram Consumer Durables 0.51 S. P. Apparels Ltd. 0.49
Total Experience: 13 years Voltas Ltd. 0.51 Equity and Equity Related Total 42.22
Experience in managing this fund: 1 month Consumer Services 0.83 Real Estate Investment Trusts (REIT) 2.48
(managing since March 13, 2024) Aditya Vision Ltd 0.83 Brookfield India Real Estate Trust 2.48
Fund Manager (Debt): Mr. Rahul Pal Fast Moving Consumer Goods 3.19 Exchange Traded Funds (ETF) 17.04
Total Experience: 22 years ITC Ltd. 1.16 ICICI Prudential Gold ETF 9.65
Experience in managing this fund: 1 month Tata Consumer Products Ltd. 0.89 Nippon India Silver ETF 7.39
(managing since March 13, 2024) Triveni Engineering & Industries Ltd. 0.66 Corporate Bond 13.73
Fund Manager: Mr. Pranav Patel$ Dabur India Ltd. 0.49 Kotak Mahindra Investments Ltd. CRISIL AAA 3.46
Total Experience: 9 years Financial Services 10.13 National Bank For Agriculture CRISIL AAA 3.43
Experience in managing this fund: 1 month State Bank of India 1.87 and Rural Development
(managing since March 13, 2024) ICICI Bank Ltd. 1.84 Cholamandalam Investment ICRA AA+ 3.42
$
Dedicated Fund Manager for Overseas Investments IndusInd Bank Ltd. 1.39 and Finance Company Ltd
REC Ltd. 0.94 Bharti Telecom Ltd. CRISIL AA+ 1.72
Scheme Details Canara Bank 0.92 Godrej Industries Ltd. CRISIL AA 1.71
HDFC Bank Ltd. 0.88 Government Bond 17.19
Date of allotment: March 13, 2024 L&T Finance Ltd. 0.87 7.18% GOI (MD 24/07/2037) SOV 8.55
Benchmark: 45% NIFTY 500 TRI + 40% CRISIL Kotak Mahindra Bank Ltd. 0.77 7.32% GOI (MD 13/11/2030) SOV 6.92
Composite Bond Index + 10% Domestic Price of SBI Life Insurance Company Ltd. 0.65 7.18% GOI (MD 14/08/2033) SOV 1.72
Physical Gold + 5% Domestic Price of Silver Healthcare 1.32 Cash & Net Receivables/(Payables) 7.34
Divi's Laboratories Ltd. 1.32 Grand Total 100.00
Option: IDCW (IDCW Option will have IDCW Information Technology 2.89
multiples of Re. 1/- thereafter
Minimum amount for redemption/switch out:
Rs. 1,000/- or 100 units or account balance, whichever is lower SECTOR ALLOCATION (%) MARKET CAPITALIZATION
Minimum Weekly & Monthly SIP Amount: Rs 500 (% of Equity Holdings)
and in multiples of Re 1 thereafter Financial Services 10.13
Minimum Weekly & Monthly SIP Installments: 6 Oil Gas & Consumable Fuels 5.35
Minimum Quarterly SIP Amount: Rs 1,500 and in Fast Moving Consumer Goods 3.19
multiples of Re 1 thereafter Automobile and Auto Components 3.08
Minimum Quarterly SIP installments: 4 Capital Goods 2.92
Monthly AAUM as on April 30, 2024 Information Technology 2.89 56.96 - Large Cap
(Rs. in Cr.): 279.18 Construction 2.52
Monthly AUM as on April 30, 2024 Power 2.30 22.54 - Mid Cap
(Rs. in Cr.): 241.35 Metals & Mining 1.81
Construction Materials 1.54 20.50 - Small Cap
as on April 30, 2024: Telecommunication 1.40
Direct Plan: 0.42%
Chemicals 1.39
Load Structure:
Entry Load: N.A. Healthcare 1.32
Exit Load:- ● An Exit Load of 0.5% is payable if Units Textiles 1.05
are redeemed / switched-out up to 3 months from Consumer Services 0.83 Data as on April 30, 2024
the date of allotment; Consumer Durables 0.51
● Nil if Units are redeemed / switched-out after 3
months from the date of allotment. As per the latest Market Capitalisation data provided by AMFI
Redemption /Switch-Out of Units would be done on (In line with the applicable SEBI guidelines)
First in First out Basis (FIFO).
Macaulay Duration^ 4.27 years3
Modified Duration^ 4.083
Residual Maturity^ 5.84 years3
^For debt component

Includes additional expenses charged in terms of Regulation 52(6A)(b) and 52(6A)(c) of SEBI (Mutual Funds) Regulations, 1996 and Goods
Regular Plan Direct Plan and Services Tax. 2Yield to maturity should not be construed as minimum return offered by the Scheme;
NAV/Unit
3
IDCW 10.3538 10.3769 receivable / payable.
20
Mahindra Manulife
FACTSHEET
Arbitrage Fund
April 2024
(An open ended scheme investing in arbitrage opportunities)
The investment objective of the Scheme is to Company / Issuer % of Net Company / Issuer Rating % of Net
generate income by predominantly investing in Assets Assets
arbitrage opportunities in the cash and derivatives Fully Hedged equity Hindustan Petroleum Corporation Ltd. 4.17
segment of the equity market and the arbitrage
Automobile and Auto Components 3.85 Oil & Natural Gas Corporation Ltd. 2.78
opportunities available within the derivative
segment and by investing the balance in debt and Maruti Suzuki India Ltd. 3.27 Coal India Ltd. 1.76
money market instruments. However, there can Hero MotoCorp Ltd. 0.58 Reliance Industries Ltd. 0.83
be no assurance that the investment objective of Capital Goods 2.60 Power 6.81
the Scheme will be achieved. Ashok Leyland Ltd. 2.60 Tata Power Company Ltd. 3.87
Construction 2.91 NTPC Ltd. 2.94
Fund Features Larsen & Toubro Ltd. 2.91 Services 3.46
Relatively lower risk as arbitrage strategy focuses Consumer Durables 2.49 Adani Ports and Special Economic Zone Ltd. 3.46
on protecting downside risk by capturing market
Titan Company Ltd. 2.49 Telecommunication 6.23
spreads
Fast Moving Consumer Goods 5.96 Indus Towers Ltd. 4.45
Better tax efficiency on returns compared to short
Hindustan Unilever Ltd. 3.99 Bharti Airtel Ltd. 1.78
term debt funds
ITC Ltd. 1.98 Equity and Equity Related Total 72.63
One of the least volatile hybrid schemes that is
suitable for investment across market cycles Financial Services 18.40 Mutual Fund Units 7.51
Axis Bank Ltd. 4.65 Mahindra Manulife Liquid Others 7.51
Fund Manager HDFC Bank Ltd. 3.79 Fund -Direct Plan -Growth**
and Experience Kotak Mahindra Bank Ltd. 3.32 Treasury Bill 11.85
Fund Manager (Equity): Mr. Abhinav Khandelwal ICICI Bank Ltd. 2.74 182 Days Tbill (MD 06/06/2024) SOV 3.52
Total Experience: 14 years Bajaj Finserv Ltd. 2.29 182 Days Tbill (MD 09/05/2024) SOV 2.83
Experience in managing this fund: 2 years and IndusInd Bank Ltd. 1.61 364 Days Tbill (MD 02/01/2025) SOV 2.71
1 month (Managing since April 1, 2022) Healthcare 1.49 91 Days Tbill (MD 09/05/2024) SOV 1.42
Fund Manager (Equity): Mr. Manish Lodha
Sun Pharmaceutical Industries Ltd. 1.49 364 Days Tbill (MD 17/10/2024) SOV 1.37
Information Technology 1.86 Cash & Other Receivables 8.01
4 months (Managing since December 21, 2020) Infosys Ltd. 0.73 Grand Total 100.00
Fund Manager (Debt): Mr. Rahul Pal Tech Mahindra Ltd. 0.65
Total Experience: 22 years Wipro Ltd. 0.49
Experience in managing this fund: 3 years and Metals & Mining 7.02
8 months (Managing since August 24, 2020) JSW Steel Ltd. 2.79
Scheme Details Tata Steel Ltd. 2.32
Hindalco Industries Ltd. 1.92
Date of allotment: August 24, 2020 Oil Gas & Consumable Fuels 9.54
Benchmark: Nifty 50 Arbitrage Index TRI
Reinvestment (D) & IDCW Payout facility)
and Growth (D) D-Default
Minimum Amount for Subscription / Purchase:
Rs. 1,000/- and in multiples of Re. 1/- thereafter.
Minimum Amount for Switch in: Rs. 1,000/- SECTOR ALLOCATION (%)
Rs. 1,000/- or 100 units or account balance, Oil Gas & Consumable Fuels 9.54
whichever is lower Metals & Mining 7.02
Minimum Weekly & Monthly SIP Amount: Rs 500 Power 6.81
Monthly AAUM as on April 30, 2024 Telecommunication 6.23
(Rs. in Cr.): 66.39 Fast Moving Consumer Goods 5.96
Monthly AUM as on April 30, 2024 Automobile and Auto Components 3.85
(Rs. in Cr.): 65.22
Services 3.46
as on April 30, 2024: Direct Plan: 0.41% Construction 2.91
Load Structure: Capital Goods 2.60
Entry Load: N.A.
Exit Load:
● An exit load of 0.25% is payable if Units are redeemed / Information Technology 1.86
switched-out on or before completion of 30 days from the Healthcare 1.49
date of allotment of Units;
completion of 30 days from the date of allotment of Units.
in First out Basis (FIFO).
Asset Allocation (%)
Macaulay Duration^ 54.68 days3 72.63 - Fully Hedged Equity
Modified Duration^ 0.153
11.85 - Treasury Bill
Residual Maturity^ 54.68 days3
Portfolio Turnover Ratio (Last 1 year) 9.41 7.51 - Mutual Fund Units**
8.01 - Cash & Cash Equivalent
Standard Deviation 0.62%
Beta 0.67
Sharpe Ratio #
-4.01
Jenson’s Alpha -0.1441
^For debt component Data as on April 30, 2024
#Risk-free rate assumed to be 6.75%
(MIBOR as on 30-04-24)
Source: www.mmda.org 1
calculated based on month rolling returns for last 3 years. 1996 and Goods and Services Tax; 2Yield to maturity should not be construed as minimum return offered by the Scheme.
Data as on April 30, 2024 IDCW: Income Distribution cum Capital Withdrawal
3
Calculated on amount invested in debt securities (including accrued interest), deployment of funds in TREPS and Reverse
NAV as on April 30, 2024: Repo and net receivable / payable.
Regular Plan Direct Plan **Mutual Fund units as provided above is towards margin for derivatives positions.
NAV/Unit
(In Rs.) (In Rs.)
IDCW 11.5725 11.9334
Growth 11.5725 11.9334
21
Debt Scheme Snapshot
Fund Characteristics Mahindra Manulife Mahindra Manulife Mahindra Manulife Mahindra Manulife Mahindra Manulife Mahindra Manulife
Overnight Fund Liquid Fund Ultra Short Low Duration Fund Short Duration Fund Dynamic Bond Fund
Duration Fund
Category Overnight Fund Liquid Fund Ultra Short Duration Fund Low Duration Fund Short Duration Fund Dynamic Bond
Inception Date July 23, 2019 July 4, 2016 October 17, 2019 February 15, 2017 February 23, 2021 August 20, 2018
About
Fund
Benchmark CRISIL Liquid CRISIL Liquid CRISIL Ultra Short Duration CRISIL Low Duration CRISIL Short Duration CRISIL Dynamic Bond
Overnight Index Debt A-I Index¢ Debt A-I Index£ Debt A-I Index¤ Debt A-II Index¥ A-III Index§
Fund Manager Rahul Pal & Amit Garg Rahul Pal & Amit Garg Rahul Pal & Amit Garg Rahul Pal Rahul Pal & Mr. Pranav Patel^ Rahul Pal
2.36
AA 0.14 0.23 0.22 3.87 0.23 3.52 0.28
AA+ 2.97 6.40 6.55 5.97 6.19
Rating 4.70 7.23
8.85
AAA/A1+ 7.76
Profile 20.70
7.78
17.01
(% Net Sovereign 11.93 45.40
13.64 55.36
Assets) Cash & Cash Equivalents 1 64.71
71.49 17.10 82.25
97.64 27.52
Corporate Debt Market
Development Fund
Annualised Portfolio YTM2 6.73% 7.30% 7.70% 7.91% 7.83% 7.53%
Residual Maturity 2.26 Days 44.97 Days 205.00 Days 508.04 Days 4.29 Years 13.28 Years
Modified Duration 0.01 0.12 0.48 0.93 2.65 7.49
Macaulay Duration 2.26 Days 44.72 Days 183.35 Days 360.65 Days 2.77 Years 7.78 Years
Portfolio
Statistics
Month End AUM (` in Cr.) 148.27 1,061.93 220.10 561.13 50.06 64.32
Month Avg. AUM (` in Cr.) 146.54 1,061.95 205.85 544.41 49.22 64.47
Total Expense Ratio (D) 0.09%3 0.14%3 0.29%3 0.30%3 0.29%3 0.39%3
Total Expense Ratio (R) 0.19%3 0.25%3 0.71%3 1.09%3 1.26%3 1.57%3
1 Cash & Cash Equivalents includes Fixed Deposits, Cash & Current Assets and TREPS. 2 Yield to maturity should not be construed as minimum return offered by the Scheme. 3 Includes additional expenses charged in terms of Regulation 52(6A)(b) of SEBI
(Mutual Funds) Regulations, 1996 and Goods and Services Tax. ^ Dedicated Fund Manager for Overseas Investments. Please refer Pg. no 30 to 35 of Factsheet for complete details of Scheme performance as per SEBI prescribed format. Note: ¢The Benchmark
of Mahindra Manulife Liquid Fund has been changed from CRISIL Liquid Debt B-I Index to CRISIL Liquid Debt A-I Index with effect from March 11, 2024. £The Benchmark of Mahindra Manulife Ultra Short Duration Fund has been changed from CRISIL Ultra Short
Duration Debt B-I Index to CRISIL Ultra Short Duration Debt A-I Index with effect from March 11, 2024. ¤The Benchmark of Mahindra Manulife Low Duration Fund has been changed from CRISIL Low Duration Debt B-I Index to CRISIL Low Duration Debt A-I Index
with effect from March 11, 2024. ¥The Benchmark of Mahindra Manulife Short Duration Fund has been changed from CRISIL Short Duration Debt B-II Index to CRISIL Short Duration Debt A-II Index with effect from March 11, 2024. §The Benchmark of Mahindra
Manulife Dynamic Bond Fund has been changed from CRISIL Dynamic Bond B-III Index to CRISIL Dynamic Bond A-III Index with effect from March 11, 2024.
FACTSHEET
Mahindra Manulife
April 2024
Liquid Fund
(An open ended liquid scheme. A relatively low interest
rate risk and moderate credit risk.)
The Scheme seeks to deliver reasonable market Company / Issuer Rating % of Net
related returns with lower risk and higher liquidity Assets
through a portfolio of money market and debt Certificate of Deposit 23.35
instruments. However, there is no assurance that
the investment objective of the Scheme will be Axis Bank Ltd. CRISIL A1+ 9.32
realized and the Scheme does not assure or Indian Bank CRISIL A1+ 4.69
guarantee any returns.
HDFC Bank Ltd. CARE A1+ 4.67
Fund Features Canara Bank CRISIL A1+ 2.34
Low volatility: Relatively safer during times of Small Industries Dev Bank of India CARE A1+ 2.33
high market volatility as liquid funds usually invest Commercial Paper 38.72
in Commercial Papers, Certificate of Deposits,
CBLO/ Repos and in short term debt instruments 360 One WAM Ltd. ICRA A1+ 4.71
with maturity profile of not more than 91 days. Motilal Oswal Financial Services Ltd. CRISIL A1+ 4.68
Easy liquidity: Investors can invest in liquid funds Aditya Birla Housing Finance Ltd. ICRA A1+ 4.66
even for a day.
Godrej Properties Ltd. CRISIL A1+ 4.66
Cash Management Tool for treasuries of any
size: Optimal utilization of idle cash for cash Tata Housing Development Company Ltd. CARE A1+ 4.65
management purposes. NTPC Ltd. CRISIL A1+ 4.63
Fund Manager Kotak Securities Ltd. CRISIL A1+ 3.71
and Experience Kotak Mahindra Investments Ltd. CRISIL A1+ 2.35
Fund Manager: Mr. Rahul Pal
Total Experience: 22 years Small Industries Dev Bank of India CRISIL A1+ 2.34
Experience in managing this fund: 7 years and Reliance Retail Ventures Ltd. CRISIL A1+ 2.33
10 months (managing since July 04, 2016)
Corporate Bond 14.12
Fund Manager: Mr. Amit Garg
Total Experience: 19 years Grasim Industries Ltd. CRISIL AAA 4.71
Experience in managing this fund: 3 years and TATA Realty & Infrastructure Ltd. ICRA AA+ 4.70
11 months (Managing since June 8, 2020)
Aditya Birla Finance Ltd. ICRA AAA 2.36
Scheme Details LIC Housing Finance Ltd. CARE AAA 2.35
Date of allotment: July 4, 2016 Corporate Debt Market Development Fund 0.14
Benchmark: CRISIL Liquid Debt A-I Index Corporate Debt Market Development Fund Class A2 0.14
Available Plans for subscription by investors: Government Bond 8.00
Direct (Default) and Regular 6.69% GOI (MD 27/06/2024) SOV 8.00
Available Options under each plan: Growth
Government Bond Strips 2.34
(Default) and IDCW
Available Facilities under IDCW Option: IDCW 8.83% GOI (MD12/12/2041)-Strips (C)-(MD12/06/2024) SOV 2.34
Reinvestment (Daily (Default) and Weekly ) Treasury Bill 10.36
Minimum Application Amount: Rs. 1,000/- and in 91 Days Tbill (MD 27/06/2024) SOV 4.66
182 Days Tbill (MD 09/05/2024) SOV 2.63
and in multiples of Re. 1/- thereafter 91 Days Tbill (MD 25/07/2024) SOV 2.32
Minimum Repurchase / Redemption Amount: 91 Days Tbill (MD 16/05/2024) SOV 0.28
Rs. 1,000/- or 1 unit or account balance, 91 Days Tbill (MD 09/05/2024) SOV 0.24
whichever is lower
182 Days Tbill (MD 06/06/2024) SOV 0.23
(Rs. in Cr.): 1,061.95 Cash & Other Receivables 2.97
Monthly AUM as on April 30, 2024 Grand Total 100.00
(Rs. in Cr.): 1,061.93
Load Structure:
Entry Load: N.A.
Exit Load:
Investor Exit upon Exit Load as % of Asset Allocation (%) Rating Profile (%)
subscription redemption proceed
Day 1 0.0070%
38.72 - Commercial Paper 71.49 - AAA/A1+
Day 2 0.0065%
Day 3 0.0060% 23.35 - Certificate of Deposit 20.70 - Sovereign
Day 4 0.0055%
Day 5 0.0050% 14.12 - Corporate Bond
4.70 - AA+
Day 6 0.0045% 10.36 - Treasury Bill
Day 7 onwards 0.0000%
8.00 - Government Bond 2.97 - Cash & Cash
Redemption /Switch-Out of Units would be done on First in
First out Basis (FIFO). Equivalents**
The above mentioned exit load shall not apply to the 2.97 - Cash & Cash Equivalents**
Unclaimed Plan offered under the scheme. 0.14 - Corporate Debt
2.34 - Government Bond Strips
Market Development
0.14 - Corporate Debt Market Fund
Development Fund
Annualised Portfolio YTM*2 7.30% Data as on April 30, 2024. **Cash & Cash Equivalents includes Fixed Deposits, Cash & Current Assets and TREPS
Macaulay Duration 44.72 days

Modified Duration 0.12
Residual Maturity 44.97 days
1
Includes additional expenses charged in terms of Regulation 52(6A)(b) of SEBI (Mutual Funds) Regulations, 1996 and Goods
and Services Tax.
NAV as on April 30, 2024: Yield to maturity should not be construed as minimum return offered by the Scheme
2

NAV/Unit IDCW: Income Distribution cum Capital Withdrawal
(In Rs.) (In Rs.)
Daily IDCW 1000.5686 1113.5980 Please refer Page no. 29 for Product labelling and Benchmark Riskometer
Weekly IDCW 1010.2956 1003.8858 Please refer Page no. 30 for Potential Risk Class Matrix of the Scheme
Growth 1567.1764 1581.9217
22
Mahindra Manulife
FACTSHEET
Low Duration Fund
April 2024 (An open ended low duration debt scheme investing in instruments
such that the Macaulay duration of the Portfolio is between 6
months and 12 months (please refer to page no. 34 of SID). A
relatively low interest rate risk and moderate credit risk.)
The investment objective of the Scheme is to Company / Issuer Rating % of Net Company / Issuer Rating % of Net
provide reasonable returns, commensurate with a Assets Assets
low to moderate level of risk and high degree of
liquidity, through a portfolio constituted of money Certificate of Deposit 15.84 Mindspace Business Parks REIT CRISIL AAA 2.67
market and debt instruments. However, there is
Axis Bank Ltd. CRISIL A1+ 7.31 National Housing Bank CRISIL AAA 2.66
no assurance that the investment objective of the
Scheme will be realized and the Scheme does not ICICI Bank Ltd. ICRA A1+ 4.26 Bajaj Housing Finance Ltd. CRISIL AAA 1.78
assure or guarantee any returns
HDFC Bank Ltd. CRISIL A1+ 4.26 Muthoot Finance Ltd. CRISIL AA+ 1.76
Commercial Paper 2.64 Power Grid Corporation of India Ltd. CRISIL AAA 0.89
Fund Features Piramal Capital & CRISIL A1+ 1.76 Cholamandalam Investment ICRA AA+ 0.36
Positioned between liquid funds and short-duration
Housing Finance Ltd. and Finance Company Ltd
funds with respect to the risk-return matrix.
Potentially better returns than that of liquid funds Motilal Oswal Financial Services Ltd. CRISIL A1+ 0.88 Corporate Debt Market Development Fund 0.22
through strategic shifts in the maturity profile. Corporate Bond 63.29 Corporate Debt Market Development Fund Class A2 0.22
Lower volatility through relatively lower duration
than short duration funds. National Bank For Agriculture CRISIL AAA / 7.07 Government Bond 5.44
Higher flexibility in asset allocation vis-à-vis liquid and Rural Development ICRA AAA 4.7% GOI FRB (MD 22/09/2033) SOV 3.65
funds.
TATA Realty & Infrastructure Ltd. ICRA AA+ 6.05 7.32% GOI (MD 13/11/2030) SOV 1.79
Godrej Industries Ltd. CRISIL AA 5.02 Reduced Face Value Bonds 2.61
Fund Manager
Embassy Office Parks REIT CRISIL AAA 4.88 JM Financial Products Ltd. CRISIL AA 2.61
and Experience
LIC Housing Finance Ltd. CRISIL AAA 4.59 State Government Bond 0.90
Total Experience: 22 years Shriram Finance Ltd. CRISIL AA+ 4.48 8.16% Maharastra SDL (23/09/2025) SOV 0.90
3 months (managing since February 15, 2017) Bharti Telecom Ltd. CRISIL AA+ 4.45 Treasury Bill 2.51
Small Industries Dev Bank of India CRISIL AAA 4.44 364 Days Tbill (MD 11/04/2025) SOV 2.51
Export Import Bank of India CRISIL AAA 4.36 Cash & Other Receivables 6.55
Scheme Details
360 One Prime Ltd. CRISIL AA 4.29 Grand Total 100.00
Date of allotment: February 15, 2017
Benchmark: CRISIL Low Duration Debt A-I Index REC Ltd. CRISIL AAA 3.54
Available Plans for subscription by investors:
Direct (Default) and Regular
(Default) and IDCW
Available Facilities under IDCW Option: IDCW
Reinvestment (Daily (Default), Weekly,
Monthly), IDCW Payout (Monthly)
Minimum Redemption / Switch-outs Amount: Rs.1,000/-
or 1 unit or account balance, whichever is lower
Minimum Weekly & Monthly SIP Amount:
Rs 500 and in multiples of Re 1 thereafter
Asset Allocation (%) Rating Profile (%)
Minimum Quarterly SIP Amount: Rs 1,500
and in multiples of Re 1 thereafter 63.28 - Corporate Bond 55.36 - AAA/A1+
Minimum Quarterly SIP installments: 4 15.84 - Certificate of Deposit 17.10 - AA+
Monthly AAUM as on April 30, 2024 6.55 - Cash & Cash Equivalents** 11.93 - AA
(Rs. in Cr.): 544.41
5.44 - Government Bond 8.85 - Sovereign
(Rs. in Cr.): 561.13 2.64 - Commercial Paper
6.55 - Cash & Cash
Regular Plan: 1.09% Equivalents**
2.61 - Reduced Face Value Bonds
2.51 - Treasury Bill 0.22 - Corporate Debt
Load Structure:
Market Development
Entry Load: N.A. 0.90 - State Government Bond
Fund
Exit Load: Nil
0.22 - Corporate Debt Market
Development Fund
Data as on April 30, 2024. **Cash & Cash Equivalents includes Fixed Deposits, Cash & Current Assets and TREPS
IDCW History
Individuals/HUF (IDCW) Others (IDCW) Face Value Cum-IDCW NAV
Annualised Portfolio YTM*2 7.91%
(Rs. per unit) (Rs. per unit) (Rs. per unit) (Rs. per unit)
Macaulay Duration 360.65 days 29-Feb-24 Monthly Regular IDCW 6.2576 6.2576 1000 1113.3935
29-Feb-24 Monthly Direct IDCW 7.1062 7.1062 1000 1132.8801
Modified Duration 0.93 26-Mar-24 Monthly Regular IDCW 6.2382 6.2382 1000 1119.0326
26-Mar-24 Monthly Direct IDCW 7.0573 7.0573 1000 1139.2763
26-Apr-24 Monthly Regular IDCW 7.3840 7.3840 1000 1502.8197
As on (Date) April 30, 2024 26-Apr-24 Monthly Direct IDCW 8.2940 8.2940 1000 1140.5134
*In case of semi annual YTM, it will be annualised Pursuant to payment of IDCW, the NAV of the IDCW Option(s) of the Scheme/Plan(s) falls to the extent of payout and statutory
levy, if any. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other
investments. For complete list of IDCWs, visit www.mahindramanulife.com.
Regular Plan Direct Plan 1
NAV/Unit
(In Rs.) (In Rs.) Services Tax.
Daily IDCW 1001.6074 1112.4872 2
Yield to maturity should not be construed as minimum return offered by the Scheme.
Monthly IDCW 1113.6431 1133.1834 IDCW: Income Distribution cum Capital Withdrawal
Weekly IDCW 1052.8330 1030.6341 Please refer Page no. 29 for Product labelling and Benchmark Riskometer
Growth 1503.9641 1598.4175 Please refer Page no. 30 for Potential Risk Class Matrix of the Scheme
23
Mahindra Manulife
FACTSHEET
Dynamic Bond Fund
April 2024
(An open ended dynamic debt scheme investing across duration.
A relatively high interest rate risk and moderate credit risk.)
Investment Objective Portfolio ( Top Holdings - Issuer wise) as on April 30, 2024
The investment objective of the Scheme is to Company / Issuer Rating % of Net Company / Issuer Rating % of Net
generate regular returns and capital appreciation Assets Assets
through an active management of a portfolio
constituted of money market and debt Corporate Bond 13.95 7.18% GOI (MD 24/07/2037) SOV 47.19
instruments across duration. However, there is no
assurance that the investment objective of the National Bank For Agriculture CRISIL AAA 4.64 7.3% GOI (MD 19/06/2053) SOV 15.56
Scheme will be realized and the Scheme does not and Rural Development 7.18% GOI (MD 14/08/2033) SOV 11.65
assure or guarantee any returns.
360 One Prime Ltd. CRISIL AA 3.90 State Government Bond 7.85
Fund Features TVS Credit Services Ltd. CRISIL AA 3.86 7.64% Maharashtra SDL SOV 7.85
Mahindra Manulife Dynamic Bond Fund Embassy Office Parks REIT CRISIL AAA 1.55 (MD 25/01/2033)
endeavours to take advantage of interest rate
movements. With the flexibility to counter a Corporate Debt Market Development Fund 0.28 Cash & Other Receivables 3.52
dynamic environment, the Scheme aims to
Corporate Debt Market Development Fund Class A2 0.28 Grand Total 100.00
generate regular returns and capital appreciation
through active management of portfolio in line Government Bond 74.40
with the evolving interest rate scenario.
Fund Manager
and Experience
9 months (managing since August 20, 2018) Asset Allocation (%)
Scheme Details
Date of allotment: August 20, 2018 74.40 - Government Bond
Benchmark: CRISIL Dynamic Bond A-III Index 13.95 - Corporate Bond
Minimum Application / Additional Purchase
7.85 - State Government Bond
Amount: Rs. 1,000 and in multiples of Re. 1/-
thereafter. 3.52 - Cash & Cash Equivalents**
Minimum Amount for Switch in: Rs. 1,000/-
and in multiples of Re. 0.01/- thereafter. 0.28 - Corporate Debt Market Development Fund

whichever is lower in respect of each Option.
Available Plans: Direct (D) , Regular
Available Options under each plan:
Growth (D), IDCW Rating Profile (%)
Available Sub-Options under IDCW Option:
Discretionary (D), Quarterly
Available Facilities under IDCW Option: IDCW
Reinvestment (D), IDCW Payout, D- Default
82.25 - Sovereign
and in multiples of Re 1 thereafter 7.76 - AA
Minimum Weekly & Monthly SIP Installments: 6 6.19 - AAA
in multiples of Re 1 thereafter 3.52 - Cash & Cash Equivalents**
Minimum Quarterly SIP installments: 4 0.28 - Corporate Debt Market Development Fund
(Rs. in Cr.): 64.47
(Rs. in Cr.): 64.32
as on April 30, 2024: Direct Plan: 0.39% Data as on April 30, 2024. **Cash & Cash Equivalents includes Fixed Deposits, Cash & Current Assets and TREPS
Load Structure:
Entry Load: N.A.
Exit Load: Nil
IDCW History
Individuals/HUF (IDCW) Others (IDCW) Face Value Cum-IDCW NAV
(Rs. per unit) (Rs. per unit) (Rs. per unit) (Rs. per unit)
15-Sep-23 Quarterly Regular IDCW 0.25 0.25 10 10.4843
15-Sep-23 Quarterly Direct IDCW 0.25 0.25 10 11.1362
Annualised Portfolio YTM*2 7.53% 15-Dec-23 Quarterly Regular IDCW 0.20 0.20 10 10.3334
Macaulay Duration 7.78 years 15-Dec-23 Quarterly Direct IDCW 0.20 0.20 10 11.0233
14-Mar-24 Discretionary Regular IDCW 1.00 1.00 10 12.2386
14-Mar-24 Discretionary Direct IDCW 1.00 1.00 10 13.0286
Residual Maturity 13.28 years 14-Mar-24 Quarterly Regular IDCW 0.20 0.20 10 10.4470
As on (Date) April 30, 2024 14-Mar-24 Quarterly Direct IDCW 0.20 0.20 10 11.1886
*In case of semi annual YTM, it will be annualised Pursuant to payment of IDCW, the NAV of the IDCW Option(s) of the Scheme/Plan(s) falls to the extent of payout and statutory
levy, if any. Past performance may or may not be sustained in future and should not be used as a basis for comparison with
other investments. For complete list of IDCWs, visit www.mahindramanulife.com.
1
Includes additional expenses charged in terms of Regulation 52(6A)(b)of SEBI (Mutual Funds) Regulations, 1996 and Goods and
NAV as on April 30, 2024: Services Tax.
NAV/Unit 2
(In Rs.) (In Rs.)
Growth 12.9437 13.7867 IDCW: Income Distribution cum Capital Withdrawal
IDCW 11.2364 12.0477
Please refer Page no. 30 for Potential Risk Class Matrix of the Scheme
Quarterly IDCW 10.2452 11.0061
24
Mahindra Manulife
FACTSHEET
Overnight Fund
April 2024
(An open ended debt scheme investing in overnight securities.
A relatively low interest rate risk and relatively low credit risk.)
Investment Objective Portfolio as on April 30, 2024
The primary objective of the Scheme is to seek to Company / Issuer Rating % of Net Assets
generate returns commensurate with low risk and
providing high level of liquidity, through Treasury Bill 2.36
investments made primarily in overnight securities
having maturity of 1 business day including TREPS 91 Days Tbill (MD 16/05/2024) SOV 1.35
(Tri-Party Repo) and Reverse Repo. However,
there is no assurance or guarantee that the 91 Days Tbill (MD 09/05/2024) SOV 1.01
investment objective of the scheme will be
achieved. Cash & Other Receivables 97.64
Grand Total 100.00

Fund Features
CONVENIENT 1 DAY INVESTMENT:
By investing in Overnight Securities the scheme
endeavours to generate relatively stable
return.
No exit load for any investment period.
QUALITY PORTFOLIO:
Will invest in debt & money market instruments
with
Low risk
Low volatility
EASE OF REDEMPTION: Redemption on T+1 basis

under normal circumstances^
Âs per the SEBI (Mutual Funds) Regulations, 1996, the
redemption or repurchase proceeds shall be dispatched
within 3 working days from the date of redemption or
repurchase.
Fund Manager
and Experience
9 months (Managing since July 23, 2019)
Fund Manager: Mr. Amit Garg
11 months (Managing since June 8, 2020)
Scheme Details
Date of allotment: July 23, 2019
Benchmark: CRISIL Liquid Overnight Index
Available Options under each plan: Growth(D)
and IDCW (Daily IDCW Reinvestment), D-Default
Minimum Application Amount: Rs. 1,000/- and
in multiples of Re.1/- thereafter
Minimum Redemption Amount: Rs. 1,000/- or
1 unit or account balance, whichever is lower
Minimum Switch-in Amount: Rs. 1,000/- and
in multiples of Re. 0.01/- thereafter.
(Rs. in Cr.): 146.54
(Rs. in Cr.): 148.27 97.64 - Cash & Cash 97.64 - Cash & Cash
Equivalents** Equivalents**
as on April 30, 2024: Direct Plan: 0.09% 2.36 - Treasury Bill 2.36 - Sovereign
Load Structure:
Entry Load: N.A.
Exit Load: Nil
*In case of semi annual YTM, it will be annualised 1
Includes additional expenses charged in terms of Regulation 52(6A)(b) of SEBI (Mutual Funds) Regulations, 1996 and
Goods and Services Tax.

2
Yield to maturity should not be construed as minimum return offered by the Scheme
Regular Plan Direct Plan IDCW: Income Distribution cum Capital Withdrawal
NAV/Unit
(In Rs.) (In Rs.)
Daily IDCW 1131.1206 1249.3306
Growth 1240.0599 1246.0654
25
Mahindra Manulife
FACTSHEET
Ultra Short Duration Fund
April 2024 (An open ended ultra-short term debt scheme investing in
instruments such that the Macaulay duration of the portfolio
is between 3 to 6 months (please refer to page no. 33 of SID).
A relatively low interest rate risk and moderate credit risk.)
The investment objective of the Scheme is to Company / Issuer Rating % of Net Assets
generate regular income and capital appreciation
Certificate of Deposit 10.84
through investment in a portfolio of short term
debt & money market instruments such that the HDFC Bank Ltd. CARE A1+ 4.42
Macaulay duration of the portfolio is between 3 - 6 Indian Bank CRISIL A1+ 4.26
months. However, there is no assurance or
guarantee that the investment objective of the ICICI Bank Ltd. ICRA A1+ 2.15
Scheme will be achieved. The Scheme does not Commercial Paper 9.00
assure or guarantee any returns. Piramal Capital & Housing Finance Ltd. CRISIL A1+ 4.50
L&T Finance Holdings Ltd. CRISIL A1+ 2.25
Fund Features
Motilal Oswal Financial Services Ltd. CRISIL A1+ 2.25
Investment in quality short duration instruments Corporate Bond 64.91
having relatively stable returns and lower volatility
Power Finance Corporation Ltd. CRISIL AAA 6.84
Selection of securities based on Risk Guard
Process^ – An in-house Research and Process Mindspace Business Parks REIT CRISIL AAA 6.81
Framework REC Ltd. CRISIL AAA 6.79
Optimal risk management for providing better risk Embassy Office Parks REIT CRISIL AAA 6.78
adjusted returns
Shriram Finance Ltd. CRISIL AA+ / CARE AA+ 4.57
^
Refer SID for details
Reliance Industries Ltd. CRISIL AAA 4.55
Fund Manager Power Grid Corporation of India Ltd. CRISIL AAA 4.55
and Experience Bharti Telecom Ltd. CRISIL AA+ 4.54
Fund Manager: Mr Rahul Pal
Godrej Industries Ltd. CRISIL AA 4.49
Experience in managing this fund: 4 years and National Bank For Agriculture and Rural Development ICRA AAA 4.48
6 months (Managing since October 17, 2019) TATA Realty & Infrastructure Ltd. ICRA AA+ 2.27
Fund Manager: Mr. Amit Garg Muthoot Finance Ltd. CRISIL AA+ 2.26
Experience in managing this fund: 3 years and Small Industries Dev Bank of India ICRA AAA 2.26
11 months (Managing since June 8, 2020) 360 One Prime Ltd. CRISIL AA 1.91
LIC Housing Finance Ltd. CRISIL AAA 1.81
Scheme Details Corporate Debt Market Development Fund 0.23
Corporate Debt Market Development Fund Class A2 0.23
Date of allotment: October 17, 2019
Benchmark: CRISIL Ultra Short Duration Government Bond 1.14
Debt A-I Index 4.04% GOI FRB (MD 04/10/2028) SOV 1.14
Available Plans for subscription by investors: Treasury Bill 6.65
Direct (Default) and Regular
182 Days Tbill (MD 22/08/2024) SOV 2.22
182 Days Tbill (MD 29/08/2024) SOV 2.22
(Default) and IDCW
182 Days Tbill (MD 11/10/2024) SOV 2.20
Available Facilities under IDCW Option: Daily IDCW
Reinvestment (Default), Weekly IDCW Reinvestment Cash & Other Receivables 7.23
Minimum Application Amount: Rs. 1,000/- and in Grand Total 100.00
multiples of Re.1/- thereafter.
Rs. 1,000/- or 1 unit or account balance,
whichever is lower
Minimum Switch-in Amount: Rs. 1,000/- and in
multiples of Re. 0.01/- thereafter
Minimum Quarterly SIP Amount: Rs 1,500 and in
(Rs. in Cr.): 205.85
(Rs. in Cr.): 220.10
Total Expense Ratio1 Regular Plan: 0.71% 64.92 - Corporate Bond 64.71 - AAA/A1+
10.84 - Certificate of Deposit 13.64 - AA+
Load Structure:
9.00 - Commercial Paper 7.78 - Sovereign
Entry Load: Nil
7.23 - Cash & Cash Equivalents** 7.23 - Cash & Cash
Exit Load: Nil
6.65 - Treasury Bill Equivalents**
1.14 - Government Bond 6.40 - AA

0.23 - Corporate Debt Market 0.23 - Corporate Debt
Portfolio Information Development Fund Market Development
Fund
Modified Duration 0.48 Data as on April 30, 2024. **Cash & Cash Equivalents includes Fixed Deposits, Cash & Current Assets and TREPS

NAV/Unit Services Tax.
(In Rs.) (In Rs.)
2
Daily IDCW 1043.4711 1109.1874
Weekly IDCW 1000.8633 1000.8283
Growth 1266.3385 1290.7409
26
Mahindra Manulife
FACTSHEET
Short Duration Fund
April 2024 (An open ended short term debt scheme investing in
instruments such that the Macaulay duration of the portfolio
is between 1 year and 3 years (please refer to page no. 39 of
SID). A moderate interest rate risk and moderate credit risk.)
The investment objective of the Scheme is to Company / Issuer Rating % of Net Assets
generate income and capital appreciation through
an actively managed diversified portfolio of Debt & Certificate of Deposit 7.65
Money Market instruments such that the
Macaulay duration of the portfolio is between 1 Axis Bank Ltd. CRISIL A1+ 3.83
year to 3 years. However, there is no assurance or HDFC Bank Ltd. CRISIL A1+ 3.82
guarantee that the investment objective of the
Scheme will be achieved. The Scheme does not Corporate Bond 42.85
assure or guarantee any returns.
Mindspace Business Parks REIT CRISIL AAA 6.00
Cholamandalam Investment and Finance Company Ltd ICRA AA+ 5.98
Fund Features Power Finance Corporation Ltd. CRISIL AAA 5.92
Aims to invest in quality instruments of Shriram Finance Ltd. CRISIL AA+ 5.02
predominantly high safety investment grade.
National Bank For Agriculture and Rural Development CRISIL AAA 4.96
Selection of securities based on Risk Guard
Process – An in-house Research and Process Bharti Telecom Ltd. CRISIL AA+ 4.01
Framework^.
360 One Prime Ltd. CRISIL AA 3.01
^
Refer SID for details
Embassy Office Parks REIT CRISIL AAA 2.99
Fund Manager Godrej Industries Ltd. CRISIL AA 2.96

and Experience TATA Realty & Infrastructure Ltd. ICRA AA+ 2.00
Fund Manager: Mr Rahul Pal
Total Experience: 22 years Corporate Debt Market Development Fund 0.23
Experience in managing this fund: 3 years and Corporate Debt Market Development Fund Class A2 0.23
2 months (Managing since February 23, 2021)
Fund Manager: Mr. Pranav Patel^ Government Bond 45.40
(^Dedicated Fund Manager for overseas Investment)
7.32% GOI (MD 13/11/2030) SOV 35.18
Experience in managing this fund: 4 months 4.7% GOI FRB (MD 22/09/2033) SOV 10.22
(Managing since January 05, 2024)
Cash & Other Receivables 3.87
Grand Total 100.00
Scheme Details
Date of allotment: February 23, 2021
Benchmark: CRISIL Short Duration Debt A-II Index Asset Allocation (%)
Minimum Application / Additional Purchase
Amount: Rs. 1,000 and in multiples of Re. 1/-
thereafter.
Minimum Amount for Switch in: Rs. 1,000/- and 45.40 - Government Bond
in multiples of Re. 0.01/- thereafter.
Minimum Amount for Redemption / Switch-outs: 42.85 - Corporate Bond
whichever is lower in respect of each Option. 7.65 - Certificate of Deposit
Available Plans: Direct (D), Regular
3.87 - Cash & Cash Equivalents**
0.23 - Corporate Debt Market Development Fund
Growth (D), D-Default
Rating Profile (%)
Minimum Quarterly SIP Amount: Rs 1,500 and in
Minimum Quarterly SIP installments: 4 45.40 - Sovereign
(Rs. in Cr.): 49.22 27.52 - AAA/A1+
(Rs. in Cr.): 50.06 17.01 - AA+
Total Expense Ratio1 Regular Plan: 1.26% 5.97 - AA

Load Structure: 3.87 - Cash & Cash Equivalents**
Entry Load: Nil
0.23 - Corporate Debt Market Development Fund
Exit Load: Nil
IDCW HISTORY
Annualised Portfolio YTM*2 7.83% Record Date Plan(s) / Option(s)
Macaulay Duration 2.77 years 27-Feb-23 Regular IDCW 0.40 10 10.7307
Modified Duration 2.65 27-Feb-23 Direct IDCW 0.40 10 10.9385
Residual Maturity 4.29 years 14-Mar-24 Regular IDCW 0.40 10 11.0834
14-Mar-24 Direct IDCW 0.40 10 11.4214
1
NAV as on April 30, 2024: Services Tax.
NAV/Unit 2
(In Rs.) (In Rs.)
IDCW 10.7729 11.1298
Growth 11.6089 11.9701 Please refer Page no. 30 for Potential Risk Class Matrix of the Scheme
27
Scheme Name and Type Product Suitability Scheme Riskometers Scheme Benchmark Benchmark Riskometers
This Product is Suitable for
investors who are seeking*
Mahindra Manulife ELSS  Long term capital appreciation Nifty 500
Moderate Moderately Moderate Moderately
Tax Saver Fund High TRI Index High
 Investment predominantly
od to
od to
(An open ended equity linked savings
e
at
at
Hi
Hi
M ow
M ow
in equity and equity related
er
er
gh
gh
L
L
scheme with a statutory lock in of
3 years and tax benefit) securities.
Low
Low
Very
Very
High
High
RISKOMETER RISKOMETER
Investors understand that their principal
will be at very high risk
Mahindra Manulife Multi Cap Fund  Medium to Long term capital Nifty 500 Multicap
(Multi Cap Fund - An open-ended equity appreciation. High 50:25:25 TRI Index High
od to
od to
scheme investing across large cap,mid
e
at
at
Hi
Hi
M ow
M ow
er
er
gh
gh
L
L
cap, small cap stocks)
Low
Low
Very
Very
High
High
securities including derivatives.
Mahindra Manulife Mid Cap Fund  Long term capital appreciation Nifty Midcap 150
(Mid Cap Fund – An open ended equity High Index TRI High
od to
od to
scheme predominantly investing in mid
e
at
at
Hi
Hi
M ow
M ow
er
er
gh
gh
L
L
cap stocks)
securities including derivatives
Low
Low
Very
Very
High
High
of mid cap companies.
Mahindra Manulife Consumption Fund  Long term capital appreciation Nifty India
(An open ended equity scheme following High Consumption High
od to
od to
Consumption theme) TRI
e
e
at
at
Hi
Hi
M ow
M ow
er
er
gh
gh
L
L
Low
Low
Very
Very
High
High
of entities engaged in and/ or
expected to benefit from the RISKOMETER RISKOMETER
consumption led demand in Investors understand that their principal
India. will be at very high risk
Mahindra Manulife Large Cap Fund  Long term capital appreciation Nifty 100
(Large Cap Fund - An open ended equity High Index TRI High
od to
od to
scheme predominantly investing in large
e
e
at
at
Hi
Hi
M ow
M ow
er
er
gh
gh
L
L
cap stocks)
Low
Low
Very
Very
High
High
of large cap companies.
Mahindra Manulife Large &  Long term wealth creation and Nifty Large Midcap
Mid Cap Fund income High 250 TRI Index High
od to
od to
(Large & Mid Cap Fund- An open ended
e
e
at
at
Hi
Hi
M ow
M ow
er
er
gh
gh
L
L
equity scheme investing in both Large
cap and Mid cap stocks) in equity and equity related
Low
Low
Very
Very
High
High
securities of large and mid cap
companies RISKOMETER RISKOMETER
Mahindra Manulife Focused Fund  Long term capital appreciation NSE 500 Index TRI
(An open ended equity scheme investing High High
 Investment in equity and
od to
od to
in maximum 30 stocks across market
e
e
at
at
Hi
Hi
M ow
M ow
equity related instruments

er
er
gh
gh
L
caps (I.e Multi Cap))

in concentrated portfolio of
Low
Low
Very
Very
High
High
maximum 30 stocks across
market capitalziation RISKOMETER RISKOMETER
Mahindra Manulife Flexi Cap Fund  Long term capital appreciation. Nifty 500 Index TRI
(An open ended dynamic equity scheme High High
 Investment in diversified
od to
od to
investing across large cap, mid cap, small

e
e
at
at
Hi
Hi
M ow
M ow
portfolio of equity & equity

er
er
g
g
h
h
L
cap stocks)
related instruments across
Low
Low
Very
Very
High
High
market capitalization
Mahindra Manulife Small Cap Fund  Long term capital appreciation. S&P BSE 250 Small
(Small Cap Fund- An open ended equity High Cap TRI High
od to
od to
scheme predominantly investing in small

e
e
at
at
Hi
Hi
M ow
M ow

er
er
gh
gh
L
cap stocks)
securities of small cap
Low
Low
Very
Very
High
High
companies.
Mahindra Manulife Business Cycle Fund  Long term capital appreciation. NIFTY 500 TRI
(An open ended equity scheme following High High
od to
od to
business cycles based investing theme)

e
e
at
at
Hi
Hi
M ow
M ow

er
er
gh
gh
L
instruments of business cycle

Low
Low
Very
Very
High
High
based theme.
Mahindra Manulife Asia Pacific  Capital appreciation over long Moderate Moderately
FTSE EPRA Nareit Moderate Moderately
REITs FOF term High
Asia ex Japan REITs High
od to
od to
(An open ended fund of fund scheme Index

e
e
at
at
Hig
Hig
M ow
M ow
er
er
 Investments in units of
h
h
L
investing in Manulife Global Fund – Asia

Pacific REIT Fund) Manulife Global Fund – Asia
Low
Low
Very
Very
High
High
Pacific REIT Fund

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
28
Scheme Name and Type Product Suitability Scheme Riskometers Scheme Benchmark Benchmark Riskometers
This Product is Suitable for
investors who are seeking*
Mahindra Manulife Equity Savings Fund  Long term capital appreciation Nifty Equity Savings
(An open ended scheme investing in and generation of income High Index TRI High
od to
od to
equity, arbitrage and debt)
e
at
at
Hi
Hi
M ow
M ow
 Investment in equity and equity
er
er
gh
gh
L
L
related instruments, arbitrage
Low
Low
Very
Very
High
High
opportunities and debt and
money market instruments. RISKOMETER RISKOMETER
will be at moderately high risk
Mahindra Manulife Aggressive  Long term capital appreciation CRISIL Hybrid

Hybrid Fund and generation of income; High
35+65 High
od to
(An open ended hybrid scheme investing Aggressive Index
od to
at
Hi
e
M ow
at
Hig
er
M ow
gh
 Investment in equity and
er
L
h
L
predominantly in equity and equity
related instruments) equity related instruments
Low
Very
High
Low
Very
High
and debt and money market
instruments RISKOMETER RISKOMETER
Mahindra Manulife Balanced  Capital Appreciation while Moderate Moderately

Nifty 50 Hybrid Moderate Moderately
Advantage Fund generating income over High
Composite Debt High
od to
od to
(An open ended dynamic asset medium to long term; 50: 50 Index TRI
e
at
at
Hig
Hig
M ow
M ow
er
er
h
h
L
L
allocation fund)
 Investments in a dynamically
Low
Low
Very
Very
High
High
managed portfolio of equity
and equity related instruments RISKOMETER RISKOMETER
and debt and money market Investors understand that their principal
instruments.
Mahindra Manulife Multi Asset  Capital Appreciation while 45% NIFTY 500 Moderate Moderately
Allocation Fund generating income over long TRI + 40% CRISIL High
od to
(An open ended scheme investing in term. Composite Bond
e
Moderate Moderately
at
Hig
M ow
er
High
h
L
Equity, Debt, Gold/Silver Exchange od to Index + 10%
e
 Investments across equity and at
Hig
M ow
er
Traded Funds (ETFs) and Exchange Domestic Price of
Low
L
Very
High
Traded Commodity Derivatives) equity related instruments, Physical Gold + 5%
debt and money market
Low
Very
High
RISKOMETER
Domestic Price of
instruments, units of Gold/ RISKOMETER Silver
Silver Exchange Traded Funds Investors understand that their
(ETFs) and Exchange Traded principal will be at high risk
Commodity Derivatives.
Mahindra Manulife Arbitrage Fund  Income over short term. Moderate Moderately
Nifty 50 Arbitrage Moderate Moderately
(An open ended scheme investing in High
Index TRI High
 Income through arbitrage
od to
od to
arbitrage opportunities)
e
e
at
at
Hig
Hig
M ow
M ow
er
er
opportunities between cash
h
h
L
L
and derivative market and
Low
Low
Very
Very
High
High
arbitrage opportunities within
the derivative segment. RISKOMETER RISKOMETER
will be at low risk
Mahindra Manulife Liquid Fund  Regular income over short Moderate Moderately
CRISIL Liquid Debt Moderate Moderately
(An open ended liquid scheme. A term High
A-I Index High
od to
od to
relatively low interest rate risk and
e
e
at
at
Hig
Hig
M ow
M ow
er
er
 Investment in money market
h
h
L
L
moderate credit risk)
and debt instruments
Low
Low
Very
Very
High
High
will be at moderate risk
Mahindra Manulife Low Duration Fund  Regular Income over short Moderate Moderately
CRISIL Low Duration Moderate Moderately
(An open ended low duration debt term. High
Debt A-I Index High
od to
od to
scheme investing in instruments such
e
e
at
at
Hig
Hig
M ow
M ow
er
er
 Investment in debt and money
h
h
L
that the Macaulay duration of the

Portfolio is between 6 months and 12 market instruments.
Low
Low
Very
Very
High
High
months (please refer to page no. 34 of RISKOMETER RISKOMETER
SID). A relatively low interest rate risk Investors understand that their principal
and moderate credit risk) will be at moderate risk
Mahindra Manulife Dynamic  To generate regular returns Moderate Moderately

CRISIL Dynamic Moderate Moderately
Bond Fund and capital appreciation High
Bond A-III Index High
od to
od to
(An open ended dynamic debt scheme through active management of

e
e
at
at
Hig
Hig
M ow
M ow
er
er
h
h
L
investing across duration. A relatively portfolio.

high interest rate risk and moderate
Low
Low
Very
Very
High
High
credit risk)  Investments in debt & money

market instruments across RISKOMETER RISKOMETER
duration. Investors understand that their principal

will be at moderate risk
Mahindra Manulife Overnight Fund  To generate reasonable returns Moderate Moderately

CRISIL Liquid Moderate Moderately
(An open ended debt scheme investing with high levels of safety and High
Overnight Index High
od to
od to
in overnight securities. A relatively low convenience of liquidity over

e
e
at
at
Hig
Hig
M ow
M ow
er
er
h
h
L
interest rate risk and relatively low short term

credit risk)
Low
Low
Very
Very
High
High
 To invest in debt and money

market instruments having RISKOMETER RISKOMETER
maturity of upto 1 business Investors understand that their principal

will be at low risk
day
Mahindra Manulife Ultra Short  Regular Income over short Moderate Moderately
CRISIL Ultra Short Moderate Moderately
Duration Fund term. High
Duration Debt A-I High
od to
od to
(An open ended ultra-short term debt Index

e
e
at
at
Hig
Hig
M ow
M ow
er
er
 Investment in a portfolio of
h
h
L
scheme investing in instruments such

that the Macaulay duration of the short term debt and money
Low
Low
Very
Very
High
High
portfolio is between 3 to 6 months market instruments.

(please refer to page no. 33 of SID). Investors understand that their principal
A relatively low interest rate risk and will be at moderate risk
moderate credit risk)

Mahindra Manulife Short  Income over short to medium Moderate Moderately
CRISIL Short Moderate Moderately
Duration Fund term. High
Duration Debt A-II High
od to
od to
(An open ended short term debt scheme Index

e
e
at
at
Hig
Hig
M ow
M ow
er
er
 Investment in debt and money

h
h
L
investing in instruments such that the

Macaulay duration of the portfolio is market instruments.
Low
Low
Very
Very
High
High
between 1 year and 3 years (please RISKOMETER RISKOMETER

refer to page no. 39 of SID). A moderate Investors understand that their principal
interest rate risk and moderate credit will be at moderate risk
risk)
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
29
Potential Risk Class Matrix for Debt scheme(s) of the fund
Pursuant to Clause 17.5 of the SEBI Master Circular SEBI/HO/IMD/IMD-PoD-1/P/CIR/2023/74 dated May 19, 2023 Potential Risk Class (‘PRC’)
Matrix for debt schemes based on Interest Rate Risk and Credit Risk is as follows:
Mahindra Manulife Overnight Fund

(An open ended debt scheme investing in overnight securities. A relatively low interest rate risk and relatively low credit risk.)
Potential Risk Class Matrix (Maximum risk the Scheme can take)
Credit Risk → Relatively Low Moderate Relatively High

(Class A) (Class B) (Class C)
Interest Rate Risk↓
Relatively Low (Class I) A-I
Moderate (Class II)
Relatively High (Class III)
Mahindra Manulife Liquid Fund

(An open ended liquid scheme. A relatively low interest rate risk and moderate credit risk.)
Credit Risk → Relatively Low (Class A) Moderate Relatively High

(Class B) (Class C)
Relatively Low (Class I) B-I
Moderate (Class II)
Mahindra Manulife Ultra Short Duration Fund

(An open ended ultra-short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is
between 3 to 6 months (please refer to page no. 33 of SID). A relatively low interest rate risk and moderate credit risk.)
Credit Risk → Relatively Low (Class A) Moderate Relatively High
(Class B) (Class C)
Moderate (Class II)
Mahindra Manulife Low Duration Fund

(An open ended low duration debt scheme investing in instruments such that the Macaulay duration of the Portfolio is
between 6 months and 12 months (please refer to page no. 34 of SID). A relatively low interest rate risk and moderate credit risk.)
Moderate(Class II)
RelativelyHigh (Class III)
Mahindra Manulife Short Duration Fund

(An open ended short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is
between 1 year and 3 years (please refer to page no. 39 of SID). A moderate interest rate risk and moderate credit risk.)
Credit Risk → Relatively Low Moderate Relatively High (Class C)
(Class A) (Class B)
Relatively Low (Class I)
Moderate (Class II) B-II
Mahindra Manulife Dynamic Bond Fund

(An open ended dynamic debt scheme investing across duration. A relatively high interest rate risk and moderate credit risk.)
Relatively Low (Class I)
Moderate (Class II)
Relatively High (Class III) B-III
30
Fund Performance as on April 30, 2024
CAGR Returns (%) Value of Investment of ` 10,000* NAV / Index Value

Mahindra Manulife ELSS Tax Saver Fund
Since Since (as on April 30,
Managed by Ms. Fatema Pacha & Mr. Manish Lodha 1 Year 3 Years 5 Years 1 Year (`) 3 Years (`) 5 Years (`)
Inception Inception 2024)
Regular Plan - Growth Option 34.13 20.12 17.51 13.49 13,445 17,339 22,425 25,947 25.9474
Direct Plan - Growth Option 36.28 22.14 19.49 15.62 13,663 18,231 24,384 29,861 29.8606
Nifty 500 TRI Index^ 38.89 20.52 18.02 15.87 13,926 17,513 22,920 30,357 32,927.38
Nifty 50 TRI^^ 26.27 16.92 15.30 14.89 12,651 15,990 20,392 28,470 33,276.41
^Benchmark ^Âdditional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 18-Oct-16. Past performance may or may not be sustained in future and should not be used as a basis of comparison with other
investments. Since inception returns of the scheme is calculated on face value of Rs. 10 invested at inception. The performance details provided above are of Growth Option under Regular and Direct Plan. Different Plans i.e Regular Plan
and Direct Plan under the scheme has different expense structure. Ms. Fatema Pacha is managing this scheme since October 16, 2020. Mr. Manish Lodha is managing this scheme since December 21,2020. *Based on standard investment of
Rs. 10,000 made at the beginning of the relevant period.

Mahindra Manulife Multi Cap Fund
Since Since (as on April 30,
Managed by Mr. Manish Lodha & Ms. Fatema Pacha 1 Year 3 Years 5 Years 1 Year (`) 3 Years (`) 5 Years (`)
Inception Inception 2024)
Nifty 500 Multicap 50:25:25 TRI Index^ 47.36 23.77 20.83 16.13 14,783 18,972 25,785 28,387 18,759.12
Nifty 50 Index TRI^^ 26.27 16.92 15.30 14.75 12,651 15,990 20,392 26,111 33,276.41
^Benchmark ^Âdditional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 11-May-17. Past performance may or may not be sustained in future and should not be used as a basis of comparison with other
investments. Since inception returns of the scheme is calculated on face value of Rs. 10 invested at inception. The performance details provided above are of Growth Option under Regular and Direct Plan. Different Plans i.e Regular Plan and
Direct Plan under the scheme has different expense structure. Mr. Manish Lodha is managing this fund since December 21, 2020. Ms. Fatema Pacha is managing this scheme since October 16, 2020. *Based on standard investment of Rs.
10,000 made at the beginning of the relevant period.
Mahindra Manulife Mid Cap Fund CAGR Returns (%) Value of Investment of ` 10,000* NAV / Index Value
Managed by Mr. Abhinav Khandelwal & (as on April 30,
1 Year 3 Years 5 Years Since Inception 1 Year (`) 3 Years (`) 5 Years (`) Since Inception 2024)
Mr. Manish Lodha
Nifty Midcap 150 TRI^ 58.64 28.41 25.65 17.69 15,924 21,190 31,354 27,683 23,797.41
Nifty 50 TRI^^ 26.27 16.92 15.30 13.48 12,651 15,990 20,392 22,044 33,276.41
^Benchmark ^Âdditional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 30-Jan-18. Past performance may or may not be sustained in future and should not be used as a basis of comparison with other
Direct Plan under the scheme has different expense structure. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Mr. Abhinav Khandelwal is managing this fund since February 1, 2022. Mr. Manish
Lodha is managing this fund since December 21, 2020.
Mahindra Manulife Consumption Fund CAGR Returns (%) Value of Investment of ` 10,000* NAV / Index Value
(as on April 30,
Managed by Mr. Abhinav Khandelwal & Ms. Fatema Pacha 1 Year 3 Years 5 Years Since Inception 1 Year (`) 3 Years (`) 5 Years (`) Since Inception 2024)
Nifty India Consumption TRI^ 39.44 22.55 18.00 16.87 13,982 18,415 22,897 23,447 12,931.11
Nifty 50 TRI^^ 26.27 16.92 15.30 16.19 12,651 15,990 20,392 22,711 33,276.41
^Benchmark ^Âdditional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 13-Nov-18. Past performance may or may not be sustained in future and should not be used as a basis of comparison with other
Direct Plan under the scheme has different expense structure. Mr. Abhinav Khandelwal is managing this scheme since April 1, 2022. Ms. Fatema Pacha is managing this scheme since December 21, 2020. *Based on standard investment of Rs.
10,000 made at the beginning of the relevant period.
Mahindra Manulife Large Cap Fund CAGR Returns (%) Value of Investment of ` 10,000* NAV / Index Value
(as on April 30,
Managed by Mr. Abhinav Khandelwal & Ms. Fatema Pacha 1 Year 3 Years 5 Years Since Inception 1 Year (`) 3 Years (`) 5 Years (`) Since Inception 2024)
Nifty 100 Index TRI^ 31.95 17.85 15.84 15.96 13,225 16,374 20,873 21,384 31,568.40
S&P BSE Sensex TRI^^ 23.23 16.52 15.13 15.33 12,344 15,827 20,245 20,787 1,14,269.05
^Benchmark ^Âdditional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 15-Mar-2019. Past performance may or may not be sustained in future and should not be used as a basis of comparison with other
Direct Plan under the scheme has different expense structure. Mr. Abhinav Khandelwal is managing this scheme since March 1, 2022. Ms. Fatema Pacha is managing this scheme since December 21, 2020. *Based on standard investment of
Rs. 10,000 made at the beginning of the relevant period.
Mahindra Manulife Large & Mid Cap Fund CAGR Returns (%) Value of Investment of ` 10,000* NAV / Index Value
(as on April 30,
Managed by Mr. Manish Lodha & Mr. Abhinav Khandelwal 1 Year 3 Years Since Inception 1 Year (`) 3 Years (`) Since Inception 2024)
Regular Plan - Growth Option 51.47 24.83 24.36 15,199 19,465 25,740 25.7401
Direct Plan - Growth Option 53.92 27.12 26.64 15,447 20,558 27,848 27.8482
Nifty Large Midcap 250 TRI^ 44.97 23.15 23.47 14,541 18,687 24,951 18,558.40
Nifty 50 TRI^^ 26.27 16.92 16.44 12,651 15,990 19,347 33,276.41
^Benchmark ^Âdditional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 30-Dec-19. Past performance may or may not be sustained in future and should not be used as a basis of comparison with other
Direct Plan under the scheme has different expense structure. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Mr. Manish Lodha is managing this scheme since December 21, 2020. Mr. Abhinav
Khandelwal is managing this scheme since February 1, 2022.
TRI - Total Return Index
Mahindra Manulife Focused Fund CAGR Returns (%) Value of Investment of ` 10,000* NAV / Index Value
(as on April 30,
Managed by Mr. Krishna Sanghavi & Ms. Fatema Pacha 1 Year 3 Years Since Inception 1 Year (`) 3 Years (`) Since Inception 2024)
NSE 500 TRI^ 38.89 20.52 23.35 13,926 17,513 20,635 32,927.38
Nifty 50 TRI^^ 26.27 16.92 18.99 12,651 15,990 18,225 33,276.41
Direct Plan under the scheme has different expense structure. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Ms. Fatema Pacha is managing this scheme since December 21, 2020
31

Mahindra Manulife Flexi Cap Fund
(as on April 30,
Managed by Ms. Fatema Pacha & Mr. Manish Lodha
1 Year Since Inception 1 Year (`) Since Inception 2024)
Regular Plan - Growth Option 38.21 15.21 13,857 14,632 14.6321
Direct Plan - Growth Option 40.61 17.46 14,101 15,410 15.4099
Nifty 500 TRI^ 38.89 17.60 13,926 15,462 32,927.38
Nifty 50 TRI^^ 26.27 13.61 12,651 14,091 33,276.41
^Benchmark ^Âdditional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 23-Aug-21. Past performance may or may not be sustained in future and should not be used as a basis of comparison with other
investments. Since inception returns of the scheme is calculated on face value of Rs. 10 invested at inception. The performance details provided above are of Growth Option under Regular and Direct Plan. Different Plans i.e Regular Plan and Direct
Plan under the scheme has different expense structure. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period.
Mahindra Manulife Small Cap Fund CAGR Returns (%) Value of Investment of ` 10,000* NAV / Index Value
Managed by Mr. Abhinav Khandelwal & Mr. Manish Lodha 1 Year Since Inception 1 Year (`) Since Inception (as on April 30, 2024)
S&P BSE 250 Small Cap TRI^ 62.72 40.37 16,337 15,986 7,820.39
Nifty 50 TRI^^ 26.27 16.63 12,651 12,372 33,276.41
^Benchmark ^Âdditional Benchmark. Inception/Allotment date: 12-Dec-22. Past performance may or may not be sustained in future and should not be used as a basis of comparison with other investments. Since inception returns of the
scheme is calculated on face value of Rs. 10 invested at inception. The performance details provided above are of Growth Option under Regular and Direct Plan. Different Plans i.e Regular Plan and Direct Plan under the scheme has different
expense structure. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period.
CAGR Returns (%) Value of Investment of ` 10,000*

Mahindra Manulife Asia Pacific REIT FoF NAV / Index Value
Managed by Mr. Pranav Patel$ & Mr. Amit Garg (as on April 30, 2024)
1 Year Since Inception 1 Year (`) Since Inception
Regular Plan - Growth Option -11.89 -9.38 8,801 7,794 7.7943
Direct Plan - Growth Option -11.06 -8.47 8,886 7,995 7.9945
FTSE EPRA Nareit Asia ex Japan REITs Index^ -10.74 -4.37 8,918 8,930 2,36,752.88
Nifty 50 TRI^^ 26.27 9.97 12,651 12,718 33,276.41
Direct Plan under the scheme has different expense structure. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Mr. Pranav Patel is managing this fund since January 05, 2024. $Dedicated Fund Manager
for Overseas Investments.
Mahindra Manulife Equity Savings Fund CAGR Returns (%) Value of Investment of ` 10,000* NAV / Index Value
Managed by Mr. Manish Lodha , Mr. Renjith Sivaram (as on April 30,
(Equity); Mr. Rahul Pal (Debt) & Mr. Pranav Patel£ 1 Year 3 Years 5 Years Since Inception 1 Year (`) 3 Years (`) 5 Years (`) Since Inception 2024)
Nifty Equity Savings Index TRI^ 14.03 9.72 9.67 9.60 11,415 13,213 15,874 19,435 5,652.88
CRISIL 10 Yr Gilt Index^^ 6.22 3.70 6.04 4.95 10,628 11,151 13,410 14,193 4,540.96
^Benchmark ^Âdditional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 1-Feb-17. Past performance may or may not be sustained in future and should not be used as a basis of comparison with other
Direct Plan under the scheme has different expense structure. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Mr. Manish Lodha is managing this fund since December 21, 2020. Mr. Renjith Sivaram
is managing this fund since July 03, 2023. Mr. Pranav Patel is managing this fund since January 05, 2024. £Dedicated Fund Manager for Overseas Investments.
Mahindra Manulife Aggressive Hybrid Fund CAGR Returns (%) Value of Investment of ` 10,000* NAV / Index Value
Managed by Ms. Fatema Pacha, Mr. Manish Lodha (Equity), (as on April 30,
Mr. Rahul Pal (Debt) & Mr. Amit Garg (Debt)££ 1 Year 3 Years Since Inception 1 Year (`) 3 Years (`) Since Inception 2024)
CRISIL Hybrid 35+65 Aggressive Index^ 25.07 14.54 15.10 12,530 15,033 19,602 18,565.82
Nifty 50 TRI^^ 26.27 16.92 16.61 12,651 15,990 20,869 33,276.41
^Benchmark ^Âdditional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 19-Jul-19. Past performance may or may not be sustained in future and should not be used as a basis of comparison with other
Direct Plan under the scheme has different expense structure. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Ms. Fatema Pacha is managing this scheme since October 16, 2020. Mr. Manish Lodha
is managing this fund since December 21, 2020. ££Pursuant to change in Fund Management Responsibilities, the scheme shall be co-managed by Ms. Fatema Pacha, Mr. Manish Lodha, Mr. Rahul Pal and Mr. Amit Garg effective May 2, 2024.

Mahindra Manulife Balanced Advantage Fund
(as on April 30,
Managed by Mr. Manish Lodha, Ms. Fatema Pacha & Mr. Rahul Pal (Debt)
1 Year Since Inception 1 Year (`) Since Inception 2024)
Nifty 50 Hybrid Composite Debt 50: 50 Index^ 16.24 9.64 11,638 12,398 14,458.32
Nifty 50 TRI^^ 26.27 13.63 12,651 13,476 33,276.41
investments. Since inception returns of the scheme is calculated on face value of Rs. 10 invested at inception. The performance details provided above are of Growth Option under Regular and Direct Plan. Different Plans i.e Regular Plan and Direct
Plan under the scheme has different expense structure. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period.
32
Mahindra Manulife Arbitrage Fund CAGR Returns (%) Value of Investment of ` 10,000* NAV / Index Value
Managed by Mr. Abhinav Khandelwal & Mr. Manish (as on April 30,
Lodha (Equity); Mr. Rahul Pal (Debt) 1 Year 3 Years Since Inception 1 Year (`) 3 Years (`) Since Inception 2024)
Nifty 50 Arbitrage Index^ 8.01 5.81 5.44 10,808 11,847 12,157 2,314.12
CRISIL 1 Yr T-Bill Index^^ 7.08 5.24 4.96 10,714 11,657 11,953 7,138.67
Direct Plan under the scheme has different expense structure. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Mr. Abhinav Khandelwal is managing this scheme since April 1, 2022. Mr. Manish Lodha is
managing this fund since December 21, 2020.
Mahindra Manulife Liquid Fund Simple Annualised Returns (%) CAGR Returns (%) Value of Investment of ` 10,000* NAV / Index Value
anaged by Mr. Rahul Pal and
M (as on April 30,
Since Since
Mr. Amit Garg 7 Days 15 Days 30 days 1 Year 3 Years 5 Years 1 Year (`) 3 Years (`) 5 Years (`) 2024)
Inception Inception
Regular Plan - Growth Option 5.84 6.23 7.34 7.26 5.54 5.24 5.91 10,728 11,759 12,910 15,672 1,567.1764
Direct Plan - Growth Option 5.95 6.35 7.45 7.37 5.66 5.35 6.03 10,740 11,798 12,981 15,819 1,581.9217
CRISIL Liquid Debt A-I Index^¢ 6.09 6.37 7.36 7.28 5.64 5.29 5.86 10,730 11,791 12,944 15,617 3,992.49
CRISIL 1 Yr T-Bill Index^^ 6.81 6.60 7.57 7.08 5.24 5.56 5.96 10,710 11,657 13,108 15,734 7,138.67
investments. Since inception returns of the scheme is calculated on face value of Rs. 1,000 invested at inception. The performance details provided above are of Growth Option under Regular and Direct Plan. Different Plans i.e Regular Plan
and Direct Plan under the scheme has different expense structure. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Mr. Amit Garg is managing the scheme since June 8, 2020. ¢With effect from March
11, 2024, the First Tier benchmark of Mahindra Manulife Liquid Fund has been changed.
Mahindra Manulife Low Duration Fund CAGR Returns (%) Value of Investment of ` 10,000* NAV / Index Value (as
Managed by Mr. Rahul Pal 1 Year 3 Years 5 Years Since Inception 1 Year (`) 3 Years (`) 5 Years (`) Since Inception on April 30, 2024)
Regular Plan - Growth Option 6.77 4.96 5.49 5.82 10,683 11,565 13,066 15,040 1,503.9641
Direct Plan - Growth Option 7.60 5.79 6.34 6.72 10,766 11,843 13,600 15,984 1,598.4175
CRISIL Low Duration Debt A-I Index^¤ 7.38 5.68 6.22 6.54 10,745 11,803 13,527 15,785 7,348.78
CRISIL 1 Yr T-Bill Index^^ 7.08 5.24 5.56 5.87 10,714 11,657 13,108 15,086 7,138.67
and Direct Plan under the scheme has different expense structure. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. ¤With effect from March 11, 2024, the First Tier benchmark of Mahindra Manulife
Low Duration Fund has been changed.
Mahindra Manulife Dynamic Bond Fund CAGR Returns (%) Value of Investment of ` 10,000* NAV / Index Value
Managed by Mr. Rahul Pal 1 Year 3 Years 5 Years Since Inception 1 Year (`) 3 Years (`) 5 Years (`) Since Inception (as on April 30, 2024)
CRISIL Dynamic Bond A-III Index^§ 6.35 4.99 7.42 7.62 10,641 11,574 14,308 15,195 5,263.66
CRISIL 10 Yr Gilt Index^^ 6.22 3.70 6.04 6.53 10,628 11,151 13,410 14,343 4,540.96
Direct Plan under the scheme has different expense structure. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. §With effect from March 11, 2024, the First Tier benchmark of Mahindra Manulife
Dynamic Bond Fund has been changed.
Mahindra Manulife Overnight Fund Simple Annualised Returns (%) CAGR Returns (%) Value of Investment of ` 10,000* NAV / Index Value
Managed by Mr. Rahul Pal and Mr. Amit Garg 7 Days 15 Days 30 days 1 Year 3 Years Since Inception 1 Year (`) 3 Years (`) Since Inception (as on April 30, 2024)
Regular Plan - Growth Option 6.50 6.39 6.43 6.67 5.17 4.61 10,669 11,636 12,401 1,240.0599
Direct Plan - Growth Option 6.60 6.49 6.54 6.78 5.28 4.71 10,680 11,671 12,461 1,246.0654
CRISIL Liquid Overnight Index^ 6.69 6.56 6.55 6.83 5.33 4.76 10,685 11,687 12,488 3,257.29
CRISIL 1 Yr T-Bill Index^^ 6.81 6.60 7.57 7.08 5.24 5.42 10,710 11,657 12,868 7,138.67
and Direct Plan under the scheme has different expense structure. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Mr. Amit Garg is managing the scheme since June 8, 2020.
Mahindra Manulife Ultra Short Duration Fund CAGR Returns (%) Value of Investment of ` 10,000* NAV / Index Value
Managed by Mr. Rahul Pal and Mr. Amit Garg 1 Year 3 Years Since Inception 1 Year (`) 3 Years (`) Since Inception (as on April 30, 2024)
Regular Plan - Growth Option 7.03 5.31 5.34 10,709 11,680 12,663 1,266.3385
Direct Plan - Growth Option 7.48 5.75 5.78 10,755 11,828 12,907 1,290.7409
CRISIL Ultra Short Duration Debt A-I Index^£ 7.55 5.85 5.70 10,761 11,861 12,864 7,436.68
and Direct Plan under the scheme has different expense structure. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Mr. Amit Garg is managing the scheme since June 8, 2020. £With effect from March
11, 2024, the First Tier benchmark of Mahindra Manulife Ultra Short Duration Fund has been changed.
Mahindra Manulife Short Duration Fund CAGR Returns (%) Value of Investment of ` 10,000* NAV / Index Value
Managed by Mr. Rahul Pal & Mr. Pranav Patel$ 1 Year 3 Years Since Inception 1 Year (`) 3 Years (`) Since Inception (as on April 30, 2024)
CRISIL Short Duration Debt A-II Index^¥ 6.99 5.30 5.50 10,705 11,676 11,859 4,554.32
and Direct Plan under the scheme has different expense structure. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Mr. Pranav Patel is managing the scheme since anuary 05, 2024. $Dedicated Fund
Manager for Overseas Investments. ¥With effect from March 11, 2024, the First Tier benchmark of Mahindra Manulife Short Duration Fund has been changed.
Mahindra Manulife Business Cycle Fund Simple Annualised Returns (%) Value of Investment of ` 10,000*
NAV / Index Value
Managed by Mr. Krishna Sanghavi, Mr. Renjith Sivaram
6 Months Since Inception 6 Months (`) Since Inception (as on April 30, 2024)
& Mr. Pranav Patel$

Nifty 500 TRI^ 50.71 30.42 12,270 11,839 32,927.38
Nifty 50 TRI^^ 37.64 21.15 11,727 11,297 33,276.41
^Benchmark ^Âdditional Benchmark. Inception/Allotment date: 11-Sep-23. Past performance may or may not be sustained in future and should not be used as a basis of comparison with other investments. Since inception returns of
the scheme is calculated on face value of Rs. 10 invested at inception. The performance details provided above are of Growth Option under Regular and Direct Plan. Different Plans i.e Regular Plan and Direct Plan under the scheme has
different expense structure. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Mr. Pranav Patel is managing this fund since January 05, 2024. $Dedicated Fund Manager for Overseas Investments.
Simple annualized returns have been provided as per the extant guidelines since the scheme has completed 6 months but not 1 year.
Note: The performance data of Mahindra Manulife Multi Asset Allocation Fund has not been provided as the scheme has not completed 6 months since inception. The said Scheme is co-managed by Mr. Renjith Sivaram, Mr. Rahul Pal &
Mr. Pranav Patel (Dedicated Fund Manager for Overseas Investments)
33
SIP Performance as on April 30, 2024
SIP Performance - If you had invested Rs. 10,000 every month
Mahindra Manulife ELSS Tax Saver Fund Regular Plan Direct Plan Nifty 500 TRI Index^ Nifty 50 Index TRI^^
SIP Investment Total Amount Market CAGR Returns Market Value CAGR Returns Market Value CAGR Returns Market Value CAGR Returns
Period Invested (`) Value (`) (%) (`) (%) (`) (%) (`) (%)
1 Year 1,20,000 1,39,401 31.40 1,40,651 33.51 1,43,135 37.73 1,35,650 25.13
3 Years 3,60,000 4,82,201 19.96 4,95,396 21.90 4,96,327 22.04 4,61,369 16.82
5 Years 6,00,000 10,27,892 21.70 10,79,409 23.73 10,50,572 22.60 9,53,143 18.59
Since Inception 9,00,000 17,14,644 16.81 18,46,998 18.74 18,25,481 18.43 16,78,702 16.26
investments. Returns greater than 1 year period are compounded annualized. For SIP returns, monthly investment of equal amounts invested on the 1st business day of every month has been considered. CAGR Returns (%) are computed
after accounting for the cash flow by using the XIRR method (investment internal rate of return).
Mahindra Manulife Multi Cap Fund Regular Plan Direct Plan Nifty 500 Multicap 50:25:25 TRI Index^ Nifty 50 Index TRI^^
SIP Investment Total Amount Market Value CAGR Market Value CAGR Market CAGR
Market Value (`) CAGR Returns (%)
Period Invested (`) (`) Returns (%) (`) Returns (%) Value (`) Returns (%)
1 Year 1,20,000 1,48,514 46.99 1,49,821 49.27 1,46,665 43.79 1,35,650 25.13
3 Years 3,60,000 5,32,562 27.20 5,47,359 29.24 5,22,927 25.85 4,61,369 16.82
5 Years 6,00,000 11,98,905 28.12 12,62,069 30.29 11,54,686 26.54 9,53,143 18.59
Since Inception 8,30,000 18,85,623 23.36 20,26,122 25.42 17,59,399 21.38 14,81,192 16.47
^Benchmark ^Âdditional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 11-May-17. Past performance may or may not be sustained in future and should not be used as a basis of comparison with other
Mahindra Manulife Mid Cap Fund Regular Plan Direct Plan Nifty Midcap 150 Index TRI^ Nifty 50 Index TRI^^
SIP Investment Total Amount Invested Market Value CAGR Market Value CAGR Market Value CAGR Market Value CAGR
Period (`) (`) Returns (%) (`) Returns (%) (`) Returns (%) (`) Returns (%)
1 Year 1,20,000 1,55,493 59.26 1,56,850 61.68 1,50,931 51.21 1,35,650 25.13
3 Years 3,60,000 5,77,787 33.32 5,93,325 35.35 5,66,385 31.81 4,61,369 16.82
5 Years 6,00,000 13,05,841 31.74 13,71,384 33.83 13,12,373 31.95 9,53,143 18.59
Since Inception 7,50,000 17,77,165 27.49 18,88,907 29.48 17,71,795 27.40 12,87,117 17.11
^Benchmark ^Âdditional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 30-Jan-18. Past performance may or may not be sustained in future and should not be used as a basis of comparison with other
Mahindra Manulife Consumption Fund Regular Plan Direct Plan Nifty India Consumption TRI^ Nifty 50 TRI^^
1 Year 1,20,000 1,43,049 37.58 1,44,392 39.88 1,43,574 38.48 1,35,650 25.13
3 Years 3,60,000 5,03,704 23.11 5,17,438 25.08 5,05,282 23.34 4,61,369 16.82
5 Years 6,00,000 10,12,672 21.08 10,61,215 23.02 10,30,105 21.79 9,53,143 18.59
Since Inception 6,50,000 11,16,264 19.99 11,74,419 21.90 11,43,689 20.90 10,61,879 18.11
investments. Returns greater than 1 year period are compounded annualized. For SIP returns, monthly investment of equal amounts invested on the 1st business day of every month has been considered. CAGR Returns (%) are computed after
accounting for the cash flow by using the XIRR method (investment internal rate of return).
Mahindra Manulife Large Cap Fund Regular Plan Direct Plan Nifty 100 Index TRI^ S&P BSE Sensex TRI^^
1 Year 1,20,000 1,40,431 33.14 1,41,732 35.34 1,40,133 32.63 1,33,647 21.82
3 Years 3,60,000 4,70,884 18.27 4,84,535 20.31 4,73,759 18.70 4,54,170 15.71
5 Years 6,00,000 9,61,692 18.95 10,12,718 21.08 9,76,891 19.60 9,33,153 17.72
Since Inception 6,10,000 9,82,328 18.81 10,35,375 20.94 9,97,838 19.44 9,53,481 17.61
^Benchmark ^Âdditional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 15-Mar-2019. Past performance may or may not be sustained in future and should not be used as a basis of comparison with
other investments. Returns greater than 1 year period are compounded annualized. For SIP returns, monthly investment of equal amounts invested on the 1st business day of every month has been considered. CAGR Returns (%) are
computed after accounting for the cash flow by using the XIRR method (investment internal rate of return).
Mahindra Manulife Large & Mid Cap Fund Regular Plan Direct Plan Nifty Large Midcap 250 TRI Index^ Nifty 50 TRI^^
SIP Investment Total Amount Invested Market Value CAGR Market Value CAGR Market Value Market Value CAGR
CAGR Returns (%)
Period (`) (`) Returns (%) (`) Returns (%) (`) (`) Returns (%)
1 Year 1,20,000 1,48,868 47.61 1,50,239 50.00 1,45,472 41.73 1,35,650 25.13
3 Years 3,60,000 5,27,713 26.52 5,43,143 28.66 5,18,709 25.26 4,61,369 16.82
Since Inception 5,20,000 9,42,193 28.15 9,86,942 30.46 9,24,242 27.19 7,88,587 19.45
34
Mahindra Manulife Focused Fund Regular Plan Direct Plan NSE 500 TRI^ Nifty 50 TRI^^
1 Year 1,20,000 1,52,520 54.00 1,53,992 56.60 1,43,135 37.73 1,35,650 25.13
3 Years 3,60,000 5,45,785 29.03 5,62,768 31.33 4,96,327 22.04 4,61,369 16.82
Since Inception 4,10,000 6,54,663 28.48 6,78,872 30.84 5,88,444 21.68 5,44,031 16.80
Mahindra Manulife Flexi Cap Fund Regular Plan Direct Plan Nifty 500 Index TRI^ Nifty 50 Index TRI^^
1 Year 1,20,000 1,41,215 34.46 1,42,597 36.81 1,43,135 37.73 1,35,650 25.13
Since Inception 3,30,000 4,45,427 22.57 4,57,780 24.76 4,45,996 22.67 4,14,703 16.95
^Benchmark ^Âdditional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 23-August-21. Past performance may or may not be sustained in future and should not be used as a basis of comparison with
other investments. Returns greater than 1 year period are compounded annualized. For SIP returns, monthly investment of equal amounts invested on the 1st business day of every month has been considered. CAGR Returns (%) are
Mahindra Manulife Small Cap Fund Regular Plan Direct Plan S&P BSE 250 Small Cap TRI^ Nifty 50 Index TRI^^
1 Year 1,20,000 1,56,864 61.71 1,58,413 64.48 1,52,402 53.79 1,35,650 25.13
Since Inception 1,70,000 2,46,057 60.40 2,49,552 63.17 2,36,102 52.49 1,99,830 23.66
FTSE EPRA Nareit Asia ex

Mahindra Manulife Asia Pacific REITs FOF Regular Plan Direct Plan Nifty 50 Index TRI^^
Japan REITs Index^
1 Year 1,20,000 1,12,858 -10.88 1,13,428 -10.03 1,14,405 -8.56 1,35,650 25.13
Since Inception 3,10,000 2,75,598 -8.64 2,79,086 -7.74 2,86,555 -5.83 3,86,841 17.53
^Benchmark ^Âdditional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 20-October-21. Past performance may or may not be sustained in future and should not be used as a basis of comparison
with other investments. Returns greater than 1 year period are compounded annualized. For SIP returns, monthly investment of equal amounts invested on the 1st business day of every month has been considered. CAGR Returns (%) are
Nifty Equity Savings Index

Mahindra Manulife Equity Savings Fund Regular Plan Direct Plan CRISIL 10 Yr Gilt Index^^
TRI^
1 Year 1,20,000 1,30,847 17.24 1,32,054 19.21 1,28,669 13.71 1,24,093 6.41
3 Years 3,60,000 4,26,732 11.38 4,38,797 13.31 4,19,811 10.26 3,91,637 5.56
5 Years 6,00,000 8,13,222 12.12 8,53,594 14.09 7,81,556 10.52 6,77,297 4.80
Since Inception 8,60,000 12,69,143 10.67 13,62,025 12.60 12,35,735 9.94 10,46,078 5.38
Mahindra Manulife Aggressive Hybrid Fund Regular Plan Direct Plan CRISIL Hybrid 35+65 Aggressive Index^ Nifty 50 Index TRI^^
SIP Investment Total Amount Invested Market CAGR Market CAGR Market CAGR
Market Value (`) CAGR Returns (%)
Period (`) Value (`) Returns (%) Value (`) Returns (%) Value (`) Returns (%)
1 Year 1,20,000 1,40,923 33.97 1,42,248 36.22 1,35,498 24.88 1,35,650 25.13
3 Years 3,60,000 4,84,061 20.24 4,98,501 22.36 4,54,346 15.74 4,61,369 16.82
Since Inception 5,70,000 9,34,989 21.04 9,83,810 23.28 8,43,078 16.55 8,92,803 19.03
Mahindra Manulife Balanced Nifty 50 Hybrid Composite

Regular Plan Direct Plan Nifty 50 Index TRI^^
Advantage Fund Debt 50:50 Index TRI^
1 Year 1,20,000 1,38,279 29.52 1,39,608 31.75 1,29,962 15.80 1,35,650 25.13
Since Inception 2,90,000 3,64,491 19.46 3,72,999 21.55 3,37,526 12.68 3,60,773 18.54
^Benchmark ^Âdditional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 30-December-21. Past performance may or may not be sustained in future and should not be used as a basis of comparison
with other investments. Returns greater than 1 year period are compounded annualized. For SIP returns, monthly investment of equal amounts invested on the 1st business day of every month has been considered. CAGR Returns (%) are
35
Mahindra Manulife Arbitrage Fund Regular Plan Direct Plan Nifty 50 Arbitrage Index TRI^ Crisil 1 Yr T-Bill Index^^
1 Year 1,20,000 1,24,010 6.28 1,24,548 7.13 1,25,039 7.91 1,24,567 7.16
3 Years 3,60,000 3,89,228 5.14 3,94,272 6.00 3,98,679 6.75 3,95,098 6.14
Since Inception 4,40,000 4,81,123 4.82 4,88,780 5.68 4,94,977 6.37 4,89,680 5.78
Mahindra Manulife Low Duration Fund Regular Plan Direct Plan CRISIL Low Duration Debt A-I Index^$ Crisil 1 Yr T-Bill Index^^
SIP Investment Total Amount Market Value CAGR Returns Market Value CAGR Market Value Market CAGR Returns
CAGR Returns (%)

Period Invested (`) (`) (%) (`) Returns (%) (`) Value (`) (%)
1 Year 1,20,000 1,24,414 6.92 1,24,942 7.75 1,24,794 7.52 1,24,567 7.16
3 Years 3,60,000 3,93,459 5.87 3,98,356 6.70 3,97,541 6.56 3,95,092 6.14
5 Years 6,00,000 6,86,533 5.34 7,01,077 6.17 6,98,703 6.04 6,89,788 5.52
Since Inception 8,60,000 10,52,807 5.56 10,86,356 6.42 10,80,623 6.28 10,58,054 5.70
after accounting for the cash flow by using the XIRR method (investment internal rate of return). $With effect from March 11, 2024, the First Tier benchmark of Mahindra Manulife Low Duration Fund has been changed.
Mahindra Manulife Dynamic Bond Fund Regular Plan Direct Plan CRISIL Dynamic Bond A-III Index^$ CRISIL 10 Yr Gilt Index^^
SIP Investment Total Amount Invested Market Value CAGR Market CAGR CAGR Returns Market Value CAGR Returns
Market Value (`)
Period (`) (`) Returns (%) Value (`) Returns (%) (%) (`) (%)
1 Year 1,20,000 1,23,761 5.88 1,24,550 7.13 1,24,200 6.58 1,24,093 6.41
3 Years 3,60,000 3,86,802 4.73 3,93,664 5.90 3,93,642 5.90 3,91,693 5.57
5 Years 6,00,000 6,66,580 4.16 6,86,298 5.32 6,96,344 5.90 6,77,456 4.81
Since Inception 6,80,000 7,68,429 4.27 7,94,367 5.43 8,13,560 6.26 7,88,373 5.16
after accounting for the cash flow by using the XIRR method (investment internal rate of return). $With effect from March 11, 2024, the First Tier benchmark of Mahindra Manulife Dynamic Bond Fund has been changed.
Mahindra Manulife Ultra Short CRISIL Ultra Short Duration

Regular Plan Direct Plan Crisil 1 Yr T-Bill Index^^
Duration Fund Debt A-I Index^$
1 Year 1,20,000 1,24,573 7.17 1,24,859 7.62 1,24,888 7.67 1,24,567 7.16
3 Years 3,60,000 3,95,424 6.20 3,98,056 6.65 3,98,620 6.74 3,95,092 6.14
Since Inception 5,40,000 6,13,184 5.60 6,19,315 6.04 6,20,033 6.09 6,12,460 5.55
accounting for the cash flow by using the XIRR method (investment internal rate of return). $With effect from March 11, 2024, the First Tier benchmark of Mahindra Manulife Ultra Short Duration Fund has been changed.
CRISIL Short Duration

Mahindra Manulife Short Duration Fund Regular Plan Direct Plan Crisil 1 Yr T-Bill Index^^
Debt A-II Index^$
1 Year 1,20,000 1,24,219 6.61 1,24,873 7.64 1,24,562 7.15 1,24,567 7.16
3 Years 3,60,000 3,91,308 5.50 3,97,303 6.52 3,95,045 6.14 3,95,092 6.14
Since Inception 3,80,000 4,14,445 5.42 4,21,146 6.44 4,18,416 6.03 4,18,522 6.04
after accounting for the cash flow by using the XIRR method (investment internal rate of return). $With effect from March 11, 2024, the First Tier benchmark of Mahindra Manulife Short Duration Fund has been changed.
Disclaimer: The views expressed here in this document are for general information and reading purpose only and do not constitute any guidelines and recommendations on any course of action
to be followed by the reader. No representation or warranty is made as to the accuracy, completeness or fairness of the information and opinions contained herein. The views are not meant
to serve as a professional guide / investment advice / intended to be an offer or solicitation for the purchase or sale of any financial product or instrument or mutual fund units for the reader.
This document has been prepared on the basis of publicly available information, internally developed data and other sources believed to be reliable. While utmost care has been exercised while
preparing this document, Mahindra Manulife Investment Management Private Limited (AMC) does not warrant the completeness or accuracy of the information and disclaims all liabilities, losses
and damages arising out of the use of this information. The data/statistics given in the document are to explain general market trends in the securities market, it should not be construed as any
research report/research recommendation. Readers of this document should rely on information /data arising out of their own investigations and advised to seek independent professional advice
and arrive at an informed decision before making any investments. Neither Mahindra Manulife Mutual Fund, the AMC nor Mahindra Manulife Trustee Private Limited its directors or associates
shall be liable for any damages that may arise from the use of the information contained herein.
Mahindra Manulife Investment Management Private Limited

Registered office: Corporate office:
4th Floor, A - Wing, Mahindra Towers, Dr. G. M. Bhosale Marg, P.K. Kurne Chowk, Unit No. 204, 2nd Floor, Amiti Building, Piramal Agastya Corporate Park, LBS Road,
Cno. 02006.
Mumbai - 400 018 Maharashtra, India. Kamani Junction, Kurla (W), Mumbai – 400 070.
CIN: U65900MH2013PTC244758 Email: [email protected] | Tel: +91 22 66327900 | Fax: +91 22 66327932
Website: www.mahindramanulife.com | Toll Free: 1800 419 6244

Fund Factsheet April 2024

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FACTSHEET

Wake up early Work out daily

Start a SIP early Invest regularly

Drink 2-3 litres of water daily,

SIP = Systematic Investment Plan

How to Read Factsheet

EQUITY MARKET OUTLOOK

MOMENT OF THE MONTH:

WHO MOVED MARKETS

Source: Bloomberg; Data as on April 30, 2024; Performance – Absolute returns

Source: Bloomberg; Data as on April 30, 2024; Performance – Absolute returns

PERFORMANCE SNAPSHOT OF SECTORAL INDICES – QUARTER ON QUARTER

Nifty 50 Nifty Midcap 100 Nifty Smallcap 100

FIXED INCOME OUTLOOK

BOND AND MONEY MARKET

Parameters 30-April-24 28-Mar-24 28-April-23

RBI Repo Rate % 6.5 6.5 6.5

5Y AAA PSU % 7.74 7.65 7.48

1 year CD % 7.54 7.62 7.46

10Y Gsec % 7.19 7.06 7.12

CPI (%) 4.85 5.09 5.66

IIP (YoY) % 5.67 3.8 5.56

US 10Y % 4.68 4.2 3.42

Dollar Rupee 83.44 83.4 81.83

Source: Bloomberg; Data as on April 30, 2024

FIXED INCOME IN A GLANCE

Source: RBI, Date April 30, 2024

SUMMARISING OUR THOUGHTS

Source: Bloomberg, Data as on April 30, 2024.

or residents of Canada as defined under applicable laws of Canada.

Data as on 30th April - 2024

Benchmark Nifty 500 Multicap 50:25:25 TRI

AUM (` in cr.) 3,478.08 858.41 2,433.01 448.64 177.31

Top 10 Equity Holdings

Market Cap (% to Equity Holdings)

Value of Rs. 10,000 invested

Data as on 30th April - 2024

Benchmark Nifty Large Midcap 250 FTSE EPRA Nareit Asia ex

Fund Manager Mr. Krishna Sanghavi,

AUM (` in cr.) 2,142.54 1,339.01 1,291.78 21.40 3,971.09 826.97

Top 10 Equity Holdings

Market Cap (% to Equity Holdings)

Value of Rs. 10,000 invested in

Value of Rs. 10,000 invested in

Growth 29.6352 32.9580 IDCW: Income Distribution cum Capital Withdrawal

Scheme Details SECTOR ALLOCATION (%) THEME BASED SECTOR

Exit Load: ● An Exit Load of 1% is payable if

NAV as on April 30, 2024: 1

Option: IDCW (IDCW Option will have

NAV as on April 30, 2024: 1

Investment Objective Portfolio as on April 30, 2024

Fund Manager and

NAV as on April 30, 2024:

Data as on 30th April - 2024

Benchmark 45% NIFTY 500 TRI + 40% CRISIL

Fund Manager Fatema Pacha, Mr. Manish Lodha,

AUM (` in cr.) 1,138.39 65.22 485.01 731.33 241.35

Top 10 Equity Holdings

Market Cap (% to Equity

Value of Rs. 10,000 invested