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. 33 of SID). A relatively low interest rate risk and moderate credit risk.)

Data as on 31st, August 2023

Investment Objective The investment objective of the Scheme is to provide reasonable returns, commensurate with a low to moderate level of risk and high degree of liquidity, through a portfolio constituted of money market and debt instruments. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Fund Features Positioned between liquid funds and short-duration funds with respect to the risk-return matrix.
Potentially better returns than that of liquid funds through strategic shifts in the maturity profile.
Lower volatility through relatively lower duration than short duration
Higher flexibility in asset allocation vis-à-vis liquid funds..
Fund Manager and Experience Fund Manager: Mr. Rahul Pal
Total Experience: 22 years
Experience in managing this fund: 6 years and 7 month (managing since February 15, 2017)
Date of allotment February 15, 2017
Benchmark CRISIL Low Duration Debt B-I Index
Available Plans for subscription by investors Direct (Default) and Regular
Available Options under each plan Growth (Default) and IDCW
Available Facilities under IDCW Option IDCW Reinvestment (Daily (Default), Weekly, Monthly), IDCW Payout (Monthly)
Minimum Application Amount Rs. 1,000/- and in multiples of Re. 1/- thereafter
Minimum Additional Purchase Amount Rs. 1,000/- and in multiples of Re. 1/- thereafter
Minimum Redemption / Switch-outs Amount: Rs.1,000/- or 1
unit or account balance, whichever is lower
SIP Minimum Weekly & Monthly SIP Amount: Rs 500 and in multiples of Re 1 thereafter
Minimum Weekly & Monthly SIP Installments: 6
Minimum Quarterly SIP Amount: Rs 1,500 and in multiples of Re 1 thereafter
Minimum Quarterly SIP installments: 4
Monthly AAUM as on August 31, 2023 (Rs. in Cr.): 423.49
Monthly AUM as on August 31, 2023 (Rs. in Cr.): 429.30
Total Expense Ratio2 as on August 31, 2023: Regular Plan: 1.05%
Direct Plan: 0.30%
2Includes additional expenses charged in terms of Regulation 52(6A)(b) of SEBI (Mutual Funds) Regulations, 1996 and Goods and Service Tax.
Load Structure: Entry Load: N.A.
Exit Load: Nil

Annualised Portfolio YTM*1: 7.54%
Macaulay Duration: 261.56 days
Modified Duration1: 0.69
Residual Maturity: 554.96 days
As on (Date) August 31, 2023
*In case of semi annual YTM, it will be annualised
1Yield to maturity should not be construed as minimum return offered by the Scheme.

NAV as on August 31, 2023
NAV/Unit
Regular Plan (In Rs.)
Direct Plan (In Rs.)
Daily IDCW
1000.0498
1104.1058
Monthly IDCW
1113.1876
1132.6680
Weekly IDCW
1053.2379
1030.9521
Growth
1439.6883
1522.1721
IDCW: Income Distribution cum Capital Withdrawal

Issuer
Rating
% of Net Assets
Certificate of Deposit
17.04%
Axis Bank Limited
CRISIL A1+
5.67%
ICICI Bank Limited
ICRA A1+
4.57%
IDFC First Bank Limited
CRISIL A1+
3.40%
Union Bank of India
FITCH A1+
2.26%
Bank of Baroda
FITCH A1+
1.15%
Commercial Paper
21.58%
360 One WAM Limited
ICRA A1+
4.64%
Piramal Enterprises Limited
CRISIL A1+
3.48%
Godrej Properties Limited
ICRA A1+
3.44%
Motilal Oswal Financial Services Limited
CRISIL A1+
3.42%
Export Import Bank of India
CRISIL A1+
3.36%
Northern Arc Capital Limited
ICRA A1+
2.09%
Piramal Capital & Housing Finance Limited
CARE A1+
1.14%
Corporate Bond
36.35%
REC Limited
CRISIL AAA
4.65%
National Bank For Agriculture and Rural Development
CRISIL AAA / ICRA AAA
4.61%
Indian Oil Corporation Limited
CRISIL AAA
4.61%
Embassy Office Parks REIT
CRISIL AAA
3.48%
Small Industries Dev Bank of India
ICRA AAA
3.48%
Aditya Birla Fashion and Retail Limited
CRISIL AA+
3.43%
Cholamandalam Investment and Finance Company Ltd
ICRA AA+ / FITCH AA+
2.78%
Shriram Finance Limited
CRISIL AA+
2.35%
TATA Realty & Infrastructure Limited
ICRA AA+
2.32%
Bajaj Housing Finance Limited
CRISIL AAA
2.29%
Power Grid Corporation of India Limited
CRISIL AAA
1.18%
LIC Housing Finance Limited
CRISIL AAA
1.17%
Government Bond
14.87%
4.7% GOI FRB (MD 22/09/2033)
SOV
4.73%
4.45% GOI FRB (MD 30/10/2034)
SOV
2.32%
6.99% GOI (MD 17/04/2026)
SOV
2.32%
5.63% GOI (MD 12/04/2026)
SOV
2.25%
7.06% GOI (MD 10/04/2028)
SOV
1.16%
4.48% GOI (MD 02/11/2023)
SOV
1.16%
7.38% GOI (MD 20/06/2027)
SOV
0.94%
State Government Bond
1.18%
8.16% Maharastra SDL (23/09/2025)
SOV
1.18%
Treasury Bill
1.15%
364 Days Tbill (MD 23/11/2023)
SOV
1.15%
Cash & Other Receivables
7.83%
Grand Total
100.00%
( Top Ten Holdings - Issuer wise) as on August 31, 2023)

Mahindra Manulife Low Duration Fund
CAGR Returns (%)
Value of Investment of Rs. 10,000*
NAV / Index Value
(as on August 31, 2023)
Managed by Mr. Rahul Pal
1 Year
3 Years
5 Years
Since Inception
1 Year
3 Years
5 Years
Since Inception
Regular Plan - Growth Option
6.26
4.32
5.61
5.73
10,628
11,354
13,141
14,397
1,439.6883
Direct Plan - Growth Option
7.09
5.16
6.47
6.63
10,711
11,630
13,683
15,222
1,522.1721
CRISIL Low Duration Debt B-I Index^
7.32
5.39
6.37
6.50
10,734
11,706
13,618
15,100
7,029.92
CRISIL 1 Year T-Bill Index^^
6.39
4.49
5.71
5.73
10,641
11,408
13,205
14,398
6,813.44

^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 15-Feb-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. 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. For performance details of other schemes managed by the Fund Manager(s), please click here | Best Viewed in Landscape mode

Mahindra Manulife Low Duration Fund
Regular Plan
Direct Plan
CRISIL Low Duration Fund BI Index^
Crisil 1 Yr T-Bill Index^^
SIP Investment Period
Total Amount Invested
()
Market Value
()
CAGR Returns
(%)
Market Value
()
CAGR Returns (%)
Market Value
()
CAGR Returns
(%)
Market Value
()
CAGR Returns (%)
1 Year
120,000
124,321
6.76
124,844
7.58
124,916
7.70
124,369
6.83
3 Years
360,000
387,828
4.90
392,672
5.73
394,327
6.01
388,979
5.10
5 Years
600,000
681,610
5.05
696,204
5.89
698,047
6.00
683,035
5.13
Since Inception
780,000
929,260
5.32
956,161
6.18
956,551
6.19
931,471
5.39

^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 15-Feb-17. 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). For SIP Performance please click here | Best Viewed in Landscape mode

MAHINDRA MANULIFE LOW DURATION FUND
*Cash & Cash Equivalents includes Fixed Deposits, Cash & Current Assets and TREPS

MAHINDRA MANULIFE LOW DURATION FUND
*Cash & Cash Equivalents includes Fixed Deposits, Cash & Current Assets and TREPS

Record Date
Plan(s)/Option(s)
Individuals/HUF (IDCW)
Others (IDCW)
Face Value
Cum-IDCW NAV
(Rs. per unit)
(Rs. per unit)
(Rs. per unit)
(Rs. per unit)
27-Jun-23
Monthly Regular IDCW
5.4501
5.4501
1000
1118.2445
27-Jun-23
Monthly Direct IDCW
6.2439
6.2439
1000
1138.4629
27-Jul-23
Monthly Regular IDCW
7.5796
7.5796
1000
1139.7986
27-Jul-23
Monthly Direct IDCW
6.7418
6.7418
1000
1431.2993
29-Aug-23
Monthly Regular IDCW
6.1286
6.1286
1000
1439.1810
29-Aug-23
Monthly Direct IDCW
7.0286
7.0286
1000
1139.2480

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.

Product Suitability
This Product is Suitable for investors who are seeking*
  • Regular income over short term
  • Investment in debt and money market instruments.
Scheme Riskometers
Benchmark Riskometers
MAHINDRA MANULIFE MULTI CAP BADHAT YOJANA
MAHINDRA MANULIFE MULTI CAP BADHAT YOJANA
Scheme Benchmark: CRISIL Low Duration Debt B-I Index
* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Refere to the PRCM disclosure click here