MAHINDRA MANULIFE ULTRA SHORT TERM 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. 31 of SID). A relatively low interest rate risk and moderate credit risk.)

Data as on 31st December 2022

Investment Objective The investment objective of the Scheme is to generate regular income and capital appreciation through investment in a portfolio of short term debt & money market instruments such that the Macaulay duration of the portfolio is between 3 - 6 months. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
Fund Features Investment in quality short duration instruments having relatively stable returns and lower volatility Selection of securities based on Risk Guard Process^ – An in-house Research and Process Framework Optimal risk management for providing better risk adjusted returns
^ Refer SID for details
Fund Manager and Experience Fund Manager: Mr. Rahul Pal
Total Experience: 21 years
Experience in managing this fund: 3 years 2 months (Managing since October 17, 2019)
Fund Manager: Mr. Amit Garg
Total Experience: 17 years
Experience in managing this fund:: 2 years and 7 months (Managing since June 8, 2020)
Date of allotment October 17, 2019
Benchmark CRISIL Ultra Short Duration Fund BI 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 Daily IDCW Reinvestment (Default), Weekly IDCW Reinvestment
Minimum Application Amount Rs. 1,000/- and in multiples of Re.1/- thereafter.
Minimum Redemption/Switch-Out 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
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 December 31, 2022 (Rs. in Cr.): 186.03
Quarterly AAUM as on December 31, 2022
(Rs. in Cr.):
183.29
Monthly AUM as on December 31, 2022 (Rs. in Cr.): 191.57
Total Expense Ratio2
as on December 31, 2022:
Regular Plan: 0.77%
Direct Plan: 0.35%
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: 7.15%
Macaulay Duration: 134.81 days
Modified Duration: 0.36
Residual Maturity: 135.71 days
As on (Date) Dec 31, 2022
*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 December 30, 2022
NAV/Unit
Regular Plan (In Rs.)
Direct Plan (In Rs.)
Daily IDCW
1035.6892
1047.4444
Weekly IDCW
1001.6386
1001.8855
Growth
1156.4937
1172.1821
IDCW: Income Distribution cum Capital Withdrawal

Issuer
Rating
% of Net Assets
Certificate of Deposit
22.58%
Canara Bank
CRISIL A1+
5.22%
ICICI Bank Limited
ICRA A1+
5.04%
Export Import Bank of India
CRISIL A1+
4.99%
Small Industries Dev Bank of India
CRISIL A1+
4.88%
Bank of Baroda
FITCH A1+
2.45%
Commercial Paper
25.35%
Godrej Properties Limited
ICRA A1+
5.17%
Reliance Retail Ventures Limited
CRISIL A1+
5.15%
Kotak Mahindra Investments Limited
CRISIL A1+
5.05%
LIC Housing Finance Limited
CRISIL A1+
4.85%
Motilal Oswal Financial Services Limited
FITCH A1+
2.57%
Piramal Enterprises Limited
CRISIL A1+
2.56%
Corporate Bond
33.28%
Tata Power Company Limited
FITCH AA
5.23%
Indian Railway Finance Corporation Limited
CRISIL AAA
5.21%
TATA Realty & Infrastructure Limited
ICRA AA+
5.20%
Housing & Urban Development Corporation Limited
ICRA AAA
5.17%
National Bank For Agriculture and Rural Development
CRISIL AAA / ICRA AAA
5.15%
Muthoot Finance Limited
CRISIL AA+
4.71%
REC Limited
CRISIL AAA
2.61%
Treasury Bill
7.74%
364 Days Tbill (MD 12/01/2023)
SOV
2.60%
182 Days Tbill (MD 19/01/2023)
SOV
2.60%
364 Days Tbill (MD 25/05/2023)
SOV
2.54%
Cash & Other Receivables
11.05%
Grand Total
100.00%
( Top Ten Holdings - Issuer wise) as on December 31, 2022)

Mahindra Manulife Ultra Short Term Fund
CAGR Returns (%)
Value of Investment of Rs. 10,000*
NAV / Index Value
(as on December 30, 2022)
Managed by
Mr. Rahul Pal and Mr. Amit Garg
1 Year
3 Years
Since Inception
1 Year
3 Years
Since Inception
Regular Plan - Growth Option
4.37
4.52
4.64
10,436
11,418
11,565
1,156.49
Direct Plan - Growth Option
4.81
4.96
5.08
10,480
11,562
11,722
1,172.18
CRISIL Ultra Short Duration Fund BI Index^
5.36
5.15
5.27
10,534
11,625
11,790
6,813.16
CRISIL 1 Year T-Bil Indexl^^
4.12
4.49
4.58
10,411
11,410
11,545
6,518.86

^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 17-Oct-19. 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. Mr Amit Garg is managing the scheme since June 8, 2020. For performance details of other schemes managed by the Fund Manager(s), please click here | Best Viewed in Landscape mode

Mahindra Manulife Ultra Short Term Fund
Regular Plan
Direct Plan
CRISIL Ultra Short 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
123,177
4.97
123,457
5.42
123,763
5.90
123,057
4.78
3 Years
360,000
383,557
4.17
386,086
4.61
388,427
5.01
382,873
4.05
5 Years
NA
NA
NA
NA
NA
NA
NA
NA
NA
Since Inception
380,000
406,554
4.21
409,386
4.65
411,868
5.03
405,818
4.10

^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 17-Oct-19. 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 MULTI CAP BADHAT YOJANA
*Cash & Cash Equivalents includes Fixed Deposits, Cash & Current Assets and TREPS

MAHINDRA MANULIFE MULTI CAP BADHAT YOJANA
*Cash & Cash Equivalents includes Fixed Deposits, Cash & Current Assets and TREPS

Product Suitability
This Product is Suitable for investors who are seeking*
  • Regular Income over short term.
  • Investment in a portfolio of short term debt and money market instruments.
Scheme Riskometers
Benchmark Riskometers
MAHINDRA MANULIFE MULTI CAP BADHAT YOJANA
MAHINDRA MANULIFE MULTI CAP BADHAT YOJANA
Scheme Benchmark: CRISIL Ultra Short Duration Fund BI 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