Markets (Asset Allocation): Transitional crisis or uncertainties may create opportunities in the broader markets.
	Markets become cheaper, allowing for a potential increase to equity allocation across market caps in portfolio and vice versa.
	Sectors:Temporary changes such as price shocks in raw materials, international disruptions, government policies, regulatory changes etc.
	These factors may tend to hurt near term profitability and valuations without changing longer term dynamics of the sector.
	Individual Stocks: Short term issues (on pricing, demand-supply margins), management changes, regulatory matters and business turnarounds.
	Unlocking value through restructuring, mergers and acquisitions.

• Key Overweight sectors/Industries include Healthcare, Oil Gas & Consumable Fuels and Automobile and Auto Components vs the Scheme’s Benchmark
  
  
• Key Underweight sectors /Industries include Metals and Minings, FMCG and Financial Services Goods vs the Scheme’s Benchmark.
  

Sector	MMVF*	Nifty 500 TRI (First Tier Benchmark)
Financial Services	20.02%	32.31%
Automobile And Auto Components	12.55%	7.36%
Oil Gas & Consumable Fuels	11.10%	7.74%
Healthcare	9.67%	6.48%
Capital Goods	8.13%	6.21%

#For the equity portion
*Mahindra Manulife Value Fund

Data as on February 27, 2026

Security	% to Net Assets
Indus Towers Limited	3.27%
Oil India Limited	3.09%
IndusInd Bank Limited	3.06%
Bajaj Auto Limited	2.82%
Tube Investments of India Limited	2.81%
Reliance Industries Limited	2.67%
JSW Energy Limited	2.45%
Grasim Industries Limited	2.16%
The Ramco Cements Limited	2.14%
Infosys Limited	2.13%
Total	26.60%

Data as on February 27, 2026

Investment Objective:
The investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments of companies which are undervalued (or are trading below their intrinsic value). However, there is no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/indicate any returns

Fund Manager : Mr. Krishna Sanghavi
Total Experience: 27 years
Experience in managing this fund: 1 Year (managing since March 03, 2025)

Fund Manager : Mr. Vishal Jajoo
Total Experience: 17 years
Experience in managing this fund: 1 Year (managing since March 03, 2025)

Date of allotment: March 3, 2025

Benchmark: Nifty 500 TRI (First Tier Benchmark)

Options: IDCW (IDCW Option will have IDCW Reinvestment (D) & IDCW Payout facility) and Growth (D) D-Default

Minimum Application Amount: Rs. 1000 and in multiples of Re. 1 thereafter

Minimum Additional Purchase Amount: Rs. 1,000/- and in multiples of Re. 1/- thereafter

Minimum Repurchase Amount: Rs. 1,000/- or 100 units or account balance, whichever is lower

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 February 27, 2026 (Rs. in Cr.): 696.38

Monthly AUM as on February 27, 2026 (Rs. in Cr.): 706.10

Entry Load: Not Applicable

Exit Load (as % of NAV): • 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 completion of 3 months from the date of allotment.
Redemption /Switch-Out of Units would be done on First in First out Basis (FIFO).
IDCW: Income Distribution cum Capital Withdrawal

^Benchmark ^^Additional Benchmark. Inception/Allotment date: 03-Mar-25.
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. 10 invested at inception. The performance details provided above are of Growth Option under Regular 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. Simple annualized returns have been provided as per the extant guidelines since the scheme has completed 6 months but not 1 year.

^Benchmark ^^Additional Benchmark. Inception/Allotment date: 03-Mar-25. Past performance may or may not be sustained in future and should not be used as a basis of comparison with other investments. The performance details provided above are of Growth Option under Regular Plan. Different Plans i.e Regular Plan and Direct Plan under the scheme has different expense structure. Mr. Krishna Sanghavi manages 6 schemes and Mr. Vishal Jajoo manages 4 schemes of Mahindra Manulife Mutual Fund. The performance data for the schemes which have not completed one year has not been provided.
Note: The performance data of Mahindra Manulife Banking & Financial Services Fund has not been provided as the scheme has not completed 1 year since inception. The said Scheme is managed by Mr. Vishal Jajoo & Mr. Chetan Sanjay Gindodia.
Note: As February 28, 2026 was a non-business days, the schemes returns disclosed are as on February 27, 2026, except for Mahindra Manulife Liquid Fund and Mahindra Manulife Overnight Fund which is as of February 28, 2026.
^$Note: Pursuant to notice cum addendum no. 7/2026, Fund Manager of the scheme has been changed with effect from February 16, 2026.