Mahindra Manulife
Small Cap Fund
(An open ended equity scheme predominantly investing in small cap stocks)
|
|
|
|
One Pager as on December 31, 2022
 | Potential growth tailwinds in Indian Economy. |
 | Opportunity to capitalize on Indian Entrepreneurship. |
 | Opportunity to capture market / economic cycles. |
 | Potential to create wealth and generate alpha over long-term. |
 | Small caps are generally under-researched and under-owned and hence provides an opportunity for stock-picking at reasonable valuations. |
 | Small Caps could be beneficiaries of structural reforms announced from time to time. |
 | Small caps also provide exposure to companies which are potential market leaders in the industries they operate in (a few examples include textile, paper, sugar, luggage) and have potential to become midcaps of tomorrow as they achieve scale |
 | Strong Financials and cashflows |
 | Scalable Business model |
 | Management track record |
 | Reasonable valuations |
 | Emerging Business models |
 | Global trends |
| Instruments | Indicative Allocation
(%of net assets) | Risk Profile | |
| Minimum | Maximum | High/Moderate/Low | |
| Equity & Equity related instruments of Small Cap Companies# | 65% | 100% | Very High |
| Equity & Equity related instruments of other than Small Cap Companies | 0% | 35% | Very High |
| Debt and Money Market Securities (including TREPS (Tri-Party Repo), Reverse Repo) | 0% | 35% | Low to Moderate |
| Units issued by REITs & InvITs | 0% | 35% | Moderately High |
The Scheme may take exposure in equity derivative instruments to the extent of 50% of the Equity component. Investment in derivatives shall be for hedging, portfolio balancing and such other purposes as maybe permitted from time to time under the Regulations and subject to guidelines issued by SEBI/RBI from time to time.
#Definition of Small Cap Companies: 251st company onwards in terms of full Market Capitalization.
| Security | % to Net Assets |
| United Spirits Limited | 3.98% |
| IDFC Limited | 3.97% |
| Exide Industries Limited | 2.89% |
| The Federal Bank Limited | 2.75% |
| Triveni Engineering & Industries Limited | 2.10% |
| Birla Corporation Limited | 2.08% |
| PNC Infratech Limited | 1.93% |
| Persistent Systems Limited | 1.89% |
| Mahindra CIE Automotive Limited | 1.86% |
| JB Chemicals & Pharmaceuticals Limited | 1.85% |
| Top 10 Holdings | 25.31% |
| Sector | MMSCF | S&P BSE 250 Small Cap TRI |
| Financial Services | 11.93% | 15.39% |
| Capital Goods | 11.65% | 14.01% |
| Fast Moving Consumer Goods | 8.59% | 5.42% |
| Automobile And Auto Components | 7.88% | 5.14% |
| Consumer Services | 4.00% | 4.90% |
Data as on December 31, 2022
The investment objective of the Scheme is to generate long term capital appreciation by investing in a diversified portfolio of equity & equity related securities of small cap companies, However, there can be no assurance that the investment objective of the Scheme will be achieved.
Fund Manager:
Mr. Abhinav Khandelwal
Total Experience : 12 years
Experience in managing this fund: (Managing since December 12, 2022)
Mr. Manish Lodha
Total Experience : 20 years,
Experience in managing this fund: (Managing since December 12, 2022)
Date of allotment: December 12, 2022
Benchmark: S&P BSE 250 Small Cap TRI
Option: IDCW (IDCW Option will have IDCW Reinvestment (D) & IDCW Payout facility) and Growth (D) D-Default
Application Amount: Rs. 1,000 and in multiples of Re. 1/- thereafter
Minimum Weekly & Monthly SIP Amount: Rs 500 and in multiples of Rs 1/- thereafter
Minimum Weekly & Monthly SIP Installments: 6
Minimum Quarterly SIP Amount: Rs 1,500 and in multiples of Rs 1/- thereafter
Minimum Quarterly SIP installments: 4
Monthly AAUM as on December 31, 2022 (Rs. in Cr.): 313.66
Quarterly AAUM as on December 31, 2022 (Rs. in Cr.): 105.69
Monthly AUM as on December 31, 2022 (Rs. In Cr.): 505.34
Entry Load: Not applicable
Exit Load: • An Exit Load of 0.5% is payable if Units are redeemed / switched-out upto 3 months from the date of allotment;
• Nil if Units are redeemed / switched-out after 3 months from the date of allotment.
Redemption /Switch-Out of Units would be done on First in First out Basis (FIFO).
Data Source: ICRA. Data period: 1st January, 2006 till 31st October, 2022. Returns are absolute returns (1 year) calculated as of the last business day of every calender year end (For the CY 2022, the data for theperiod 1st January, 2022 to 31st October, 2022 has been given). 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.
Mahindra Manulife Small Cap Fund
This product is suitable for investors who are seeking*:
• Long term capital appreciation;
• Investment predominantly in equity and equity related securities of small cap companies.
S&P BSE 250 Small Cap TRI
Benchmark Riskometer
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Reach us at: Sadhana House, 1st Floor, 570,
P.B. Marg, Worli, Mumbai - 400 018, India.
Phone: +91-22-66327900, Fax: +91-22-66327932
Toll Free No.: 1800 419 6244
Website: www.mahindramanulife.com