Mahindra Manulife
Manufacturing Fund


(An open-ended equity scheme following manufacturing theme)



One Pager as on December 31, 2024

 
GOVERNMENT POLICIES: Policies like Make in India, Atmanirbhar Bharat, Production Linked Incentives etc. could drive manufacturing in India.
 
GLOBAL TAILWINDS:Diversification of production away from China to avoid supply chain shocks and overdependence could boost manufacturing in India
 
IMPROVED INFRASTRUCTURE: Push for improved physical and industrial infrastructure, increased power capacity could be an important enabler for manufacturing.
 
 
EXPORT PROMOTION: Focusing on companies that are manufacturing finished goods for export.
 
IMPORT SUBSTITUTION: Substitution of imported finished goods and raw materials with domestically manufactured products and materials
 
DOMESTIC CONSUMPTION: Focus on Production of goods for used by domestic businesses and retail consumers.
 


Based on adjacent data India’s GDP is expected to surpass that of Japan and Germany by 2030. A key driver of this growth could be a significant expansion in manufacturing output.

The adjacent graph is based on expectations and the actual results could vary materially. This is not indicating returns from any investments. There is no assurance as regards to performance of any company, sector or investment.

Security % to Net Assets
Mahindra & Mahindra Limited 3.66%
ITC Limited 3.11%
Deepak Fertilizers and Petrochemicals Corporation Limited 2.78%
Kirloskar Brothers Limited 2.67%
Divi's Laboratories Limited 2.65%
Reliance Industries Limited 2.60%
Hindustan Unilever Limited 2.41%
Samvardhana Motherson International Limited 2.32%
Oil & Natural Gas Corporation Limited 2.28%
PTC Industries Limited 2.25%
Total 26.74%
Investment Objective:
The Scheme shall seek to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in manufacturing theme. However, there is no assurance that the objective of the Scheme will be achieved.

Benchmark: BSE India Manufacturing TRI

Fund Manager (Equity): Mr. Renjith Sivaram Radhakrishnan
Fund Manager (Equity): Mr. Manish Lodha
Fund Manager: Mr. Pranav Nishith Patel $
$(Dedicated Fund Manager for Overseas Investments)

Plans: Regular & Direct

Options:Growth IDCW ɱ

IDCW Sub-options:IDCW Reinvestment & IDCW Payout

Minimum Application Amount(Lumpsum): ₹ 1,000 and in multiples of ₹ 1/- thereafter

Minimum Amount for Switch in: ₹ 1,000 and in multiples of ₹ 0.01/- thereafter

Minimum Application Amount (SIP) for weekly and monthly frequencies:6 installments of ₹ 500 /- each and in multiples of ₹ 1/- thereafter

Minimum Application Amount (SIP) for quarterly frequency:4 installments of ₹ 1,500 /- each and in multiples of ₹ 1/- thereafter

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).

ɱIDCW: Income Distribution cum Capital Withdrawal
Default Option
For more details please refer SID/KIM available on our website www.mahindramanulife.com

^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 24-Jun-24.
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 thescheme 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 differentexpense structure. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Simple annualized returns have been provided as per the extant guidelines since the scheme has completed 6 months but not 1 year. Note: Pursuant to notice cum addendum no. 45/2024, Fund Manager of the scheme has been changed with effect from January 01, 2025.

The Asset Allocation Pattern of the Scheme under normal circumstances would be as under:

^ including equity derivatives to the extent of 50% of the equity component of the Scheme.
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. The Scheme may utilize the entire available equity derivatives exposure limit as provided above, for hedging purpose. However, the equity derivatives exposure towards non-hedging purpose shall not exceed 20% of the net assets of the Scheme, subject to maximum derivatives exposure as defined above (i.e. 50% of the equity component of the Scheme). The margin money deployed on derivative positions would be included in the Debt and Money Market Securities category.
*The Scheme may invest in Foreign Securities (including units/securities issued by overseas mutual funds) up to 20% of the net assets of the Scheme in compliance with clause 12.19 of the SEBI Master Circular pertaining to overseas investments by mutual funds, as amended from time to time. The Scheme intends to invest US$ 5 million in Overseas securities within six months from the date of the closure of the New Fund Offer (NFO) of the Scheme. Thereafter, the Scheme shall invest in Foreign Securities as per the limits available to ‘Ongoing Schemes’ in terms of clause 12.19.1.3.c of SEBI Master Circular. Further, SEBI vide its clause 12.19.1.3.d of the SEBI Master Circular, clarified that the above specified limit would be considered as soft limit(s) for the purpose of reporting only by mutual funds on monthly basis in the format prescribed by SEBI.
#Money Market instruments includes commercial papers, commercial bills, treasury bills, Government securities having an unexpired maturity up to one year, call or notice money, certificate of deposit, usance bills, and any other like instruments as specified by the Reserve Bank of India from time to time.

For detailed asset allocation, please refer Scheme Information Document available on our website www.mahindramanulife.com

Manufacturing Theme Market Cap3 to GDP Ratio2: ~54%


Market Capitalization of Manufacturing Theme3 :
LARGE CAP:
Rs. 111.4 Trillion | MIDCAP: Rs. 36.3 Trillion | SMALL CAP: Rs. 41.5 Trillion

Source: 1 BSE Thematic Indices Methodology Document published by Asia Index Private Limited (last updated as on 31 March 2023). 2GDP Ratio as on 31st December 2023. GDP data sourced from Press Information Bulletin.
3For the purpose of this data/calculation MarketCapitalization of companies mapped to sectors/industries defined for BSE India Manufacturing Index in the BSE Thematic Indices Methodology Document published by Asia Index Private Limited has been considered. Market Capitalization numbers for the said data are as per AMFI classification list as on 30th June 2024.

Scheme Name
Mahindra Manulife Manufacturing Fund

This product is suitable for investors who are seeking##:
• Long term capital appreciation;
• Investment in equity and equity-related securities of companies engaged in manufacturing theme.

Scheme Riskometer

##Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Readers of this material 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 Investment Management Private Limited 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

Get in Touch: Corporate Office: Unit No. 204, 2nd Floor, Amiti Building, Piramal Agastya Corporate Park, LBS Road, Kamani Junction, Kurla (West), Mumbai – 400 070.
☎ 022 6632 7900 / 1800 419 6244 - (Toll Free) Mon-Fri (9AM to 6PM) | ✉ mfinvestors@mahindra.com

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
CNo.02163