One Pager as on February 28, 2023
|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|
|Emerging Business models|
|Management track record|
Data as on February 28, 2023
(%of net assets)||Risk Profile|
|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||3.04%|
|Mahindra CIE Automotive Limited||2.67%|
|The Federal Bank Limited||2.67%|
|Exide Industries Limited||2.63%|
|Jindal Stainless (Hisar) Limited||2.49%|
|NLC India Limited||2.22%|
|Birla Corporation Limited||2.16%|
|Persistent Systems Limited||2.13%|
|Mrs. Bectors Food Specialities Limited||2.11%|
|Sector||MMSCF||S&P BSE 250 Small Cap TRI|
|Automobile And Auto Components||9.97%||5.22%|
|Fast Moving Consumer Goods||8.25%||4.82%|
Data as on February 28, 2023
Data Source: ICRA. Data period: 1st January, 2006 till 28th February, 2023. 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 the period 1st January, 2022 to 28th February, 2023 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.
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.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.