Rule based diversification for optimum performance in changing market cycles
	Aim to provide stability of large caps and growth of mid caps
	Active stock selection through internal process framework for better return potential

• A portfolio of market leaders and emerging leaders.
  
  
• The portfolio will aim to provide alpha through tactical allocations under changing market cycles
  

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

Sector	MMLMCF*	NIFTY Large Midcap 250 TRI
Financial Services	30.48%	30.58%
Healthcare	13.84%	7.88%
Capital Goods	8.93%	8.69%
Automobile And Auto Components	7.92%	7.20%
Information Technology	4.46%	6.18%

*Mahindra Manulife Large & Mid Cap Fund

Data as on July 31, 2026

Security	% to Net Assets
ICICI Bank Limited	4.64%
The Federal Bank Limited	3.03%
HDFC Bank Limited	2.79%
IndusInd Bank Limited	2.79%
Axis Bank Limited	2.74%
Eternal Limited	2.50%
Reliance Industries Limited	2.38%
Glenmark Pharmaceuticals Limited	2.20%
Laurus Labs Limited	2.15%
Larsen & Toubro Limited	2.02%
Total	27.24%

Fresh Additions	Complete Exits
Security	Security
Adani Enterprises Ltd	ICICI Lombard General Insurance Company Ltd
360 One WAM Ltd	Indus Towers Ltd
Belrise Industries Ltd.	CRISIL Ltd
Cochin Shipyard Ltd	Tube Investments of India Ltd
Prestige Estates Projects Ltd	Coal India Ltd
	Mahindra Manulife Liquid Fund -Direct Plan -Growth

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 July 31, 2026

Turnover Ratio (Last 1 year)	0.78
Standard Deviation	14.83%
Beta	0.89
Sharpe Ratio#	0.44
Jenson's Alpha	-0.1124

#Risk-free rate assumed to be 5.41% (MIBOR as on 31-07-2026) - 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 July 31, 2026

Investment Objective:
The investment objective of the Scheme is to seek long term capital growth through investments in equity and equity related securities of both large cap and mid cap stocks. However, there can be no assurance that the investment objective of the Scheme will be achieved.

Fund Manager:

Mr. Neelesh Dhamnaskar
Total Experience : 22 years
Experience in managing this fund: 6 months (managing since February 16, 2026)

Ms. Kirti Dalvi
Total Experience : 20 years
Experience in managing this fund: 8 months (Managing since December 2, 2025)

Date of allotment: December 30, 2019

Benchmark: NIFTY Large Midcap 250 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 July 31, 2026 (Rs. in Cr.): 2,801.86

Monthly AUM as on July 31, 2026 (Rs. In Cr.): 2,826.90

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. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 30-Dec-19.
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. Mr. Neelesh Dhamnaskar is managing this scheme since February 16, 2026 and Ms. Kirti Dalvi is managing this scheme since December 2, 2025

^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 30-Dec-19.
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. Ms. Kirti Dalvi manages 7 schemes each of Mahindra Manulife Mutual Fund. Mr. Neelesh Dhamnaskar manages 7 schemes each 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 Innovation Opportunities Fund has not been provided as the scheme has not completed 1 year since inception. The said Scheme is managed by Ms. Kirti Dalvi & Mr. Neelesh Dhamnaskar.
Note: Performance as on July 31,2026.
^$Note: Pursuant to notice cum addendum no. 30/2026, Fund Manager of the scheme has been changed with effect from July 21, 2026.