Selection of the next potential winners through the Equity Investment Process#
	High conviction focused portfolio with strong risk management processes
	Potential to generate relatively better risk adjusted returns

#It is an internal process framework to optimize stock selection based on growth, cashflow generation, management and valuation

• A high conviction diversified portfolio of companies that could benefit from emerging opportunities in the domestic scenario.
  
  
• A flexi cap, multi sector approach of selecting around 30 stocks with potential medium to long term growth runway.
  

• Key Overweight sectors/Industries include Financial Services,Oil Gas & Consumable Fuels and Information Technology vs the Scheme’s Benchmark
  
  
• Key Underweight sectors /Industries include Healthcare ,Metals & Mining and Automobile And Auto Components vs the Scheme’s Benchmark
  

Sector	MMFF*	Nifty 500 TRI
Fast Moving Consumer Goods	34.08%	32.12%
Consumer Services	13.47%	7.68%
Automobile And Auto Components	9.60%	8.36%
Consumer Durables	6.43%	2.05%
Telecommunication	5.26%	7.06%

*Mahindra Manulife Focused Fund

Data as on January 30, 2026

Security	% to Net Assets
ICICI Bank Limited	8.53%
State Bank of India	6.50%
Reliance Industries Limited	5.85%
Infosys Limited	5.61%
Indus Towers Limited	5.05%
Larsen & Toubro Limited	4.87%
HDFC Bank Limited	4.80%
Grasim Industries Limited	4.03%
Tech Mahindra Limited	3.99%
Bajaj Finance Limited	3.49%
Total	52.72%

Fresh Additions	Complete Exits
Security	Security
Avenue Supermarts Limited	InterGlobe Aviation Limited
IndusInd Bank Limited	Hindalco Industries Limited
-	Siemens Energy India Limited

Note: The companies/stock(s) referred above are only for the purpose of disclosure of significant portfolio changes during the month and should not be construed as recommendation to buy/sell/ hold. The fund manager may or may not choose to hold these companies/stocks, from time to time. Investors are requested to consult their financial, tax and other advisors before taking any investment decision(s). Data as on January 30, 2026

Turnover Ratio (Last 1 year)	0.42
Standard Deviation	12.51%
Beta	0.91
Sharpe Ratio#	1.10
Jenson's Alpha	0.2524

#Risk-free rate assumed to be 5.53% (MIBOR as on 30-01-2026) - Source:www.mmda.org
Note: As per AMFI guidelines for factsheet, the ratios are calculated based on month rolling returns for last 3 years. Data as on January 30, 2026

Investment Objective:
The investment objective of the scheme is to generate long term capital appreciation by investing in a concentrated portfolio of equity & equity related instruments of maximum 30 companies across market capitalisation. However, there can be no assurance that the investment objective of the Scheme will be achieved.

Fund Manager:

Mr Krishna Sanghavi
Total Experience : 27 years
Experience in managing this fund: 5 years and 2 month (Managing since November 17, 2020)

Ms. Fatema Pacha
Total Experience : 18 years,
Experience in managing this fund: 5 years and 1 month (Managing since December 21, 2020)

Date of allotment: November 17, 2020

Benchmark: Nifty 500 TRI

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

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

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 January 30, 2026 (Rs. in Cr.): 2,203.47

Monthly AUM as on January 30, 2026 (Rs. In Cr.): 2,207.80

Entry Load: Not applicable

Exit Load: • An Exit Load of 1% 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.
IDCW: Income Distribution cum Capital Withdrawal

^Benchmark ^^Additional Benchmark. Inception/Allotment date: 17-Nov-20.
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. Ms. Fatema Pacha is managing this scheme since December 21, 2020

^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 17-Nov-20.
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).

^Benchmark CAGR – Compounded Annual Growth Rate.
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 5 scheme and Ms. Fatema Pacha manages 7 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 Value Fund has not been provided as the scheme has not completed 1 year since inception. The said Scheme is managed by Mr. Krishna Sanghavi & Mr. Vishal Jajoo. Note: As January 31, 2026 was a non-business days, the schemes returns disclosed are as on January 30, 2026, except for Mahindra Manulife Liquid Fund and Mahindra Manulife Overnight Fund which is as of January 31, 2026.