Flexibility to invest in opportunities across market capitalization
	Bottom up stock selection process
	Active allocation across Market capitalization based on macro-economic indicators, policy environment, valuations, market conditions
	Top down approach to select sectors
	Management through diversification of holdings and disciplined approach to monitor individual stock position based on market capitalization

The Scheme follows top down sector allocation and bottom up stock selection ideas that may benefit based on health of economy. Allocation across marketcaps is a function of economic outlook, domestic liquidity and stage of market cycle. Focus will be on high quality, growth focused companies available at reasonable valuations.

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

Sector	MMFCF*	Nifty 500 TRI
Financial Services	26.86%	30.83%
Information Technology	8.43%	7.09%
Healthcare	7.77%	6.87%
Consumer Services	7.74%	3.46%
Oil Gas & Consumable Fuels	7.12%	8.01%

*Mahindra Manulife Flexi Cap Fund

Data as on March 31, 2026

Security	% to Net Assets
ICICI Bank Limited	7.90%
HDFC Bank Limited	6.38%
Reliance Industries Limited	4.35%
Infosys Limited	3.57%
Axis Bank Limited	3.03%
Larsen & Toubro Limited	2.89%
Tata Consultancy Services Limited	2.35%
Bharti Airtel Limited	2.34%
Bajaj Finance Limited	2.30%
Hindustan Unilever Limited	2.27%
Total	37.38%

Fresh Additions	Complete Exits
Security	Security
Kotak Mahindra Bank Limited	State Bank of India
Sun Pharmaceutical Industries Limited	Tata Motors Ltd
Bajaj Auto Limited	Siemens Limited
Eternal Limited	ICICI Prudential Life Insurance Company Limited
Trent Limited	Swiggy Limited
Shriram Finance Limited	Devyani International Limited
Dr. Lal Path Labs Limited	ICICI Prudential General Insurance Company Limited
Aster DM Healthcare Limited	Lenskart Solutions Limited
NMDC Limited	SKF India Limited
Escorts Kubota Limited	Hindalco Industries Limited
CESC Limited	Petronet LNG Limited
K.P.R. Mill Limited	Bata India Limited
Anthem Biosciences Limited	Gokaldas Exports Limited
Bharat Dynamics Limited	-
Radico Khaitan 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 March 31, 2026

Turnover Ratio (Last 1 year)	0.69
Standard Deviation	13.84%
Beta	0.94
Sharpe Ratio#	0.36
Jenson's Alpha	-0.0753

#Risk-free rate assumed to be 6.98% (MIBOR as on 30-03-2026) - 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 March 30, 2026.

Investment Objective:
The investment objective of the Scheme is to generate long term capital appreciation by investing in a diversified portfolio of equity and equity-related securities across market capitalization. However, there can be no assurance that the investment objective of the Scheme will be achieved.

Fund Manager:

Ms. Fatema Pacha
Total Experience : 18 years
Experience in managing this fund: 4 years and 7 months (Managing since August 23, 2021)

Mr. Neelesh Dhamnaskar
Total Experience : 21 years
Experience in managing this fund:2 months (managing since February 16, 2026)

Date of allotment: August 23, 2021

Benchmark: Nifty 500 TRI

Option: Growth; IDCW

IDCW Sub-options: IDCW Reinvestment & IDCW Payout

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

Minimum Additional Purchase 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 March 31, 2026 (Rs. in Cr.): 1,471.72

Quarterly AAUM as on March 31, 2026 (Rs. in Cr.): 1537.55

Monthly AUM as on March 31, 2026 (Rs. In Cr.): 1,406.71

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.

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: 23-Aug-21.
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. Mr. Neelesh Dhamnaskar is managing this scheme since February 16, 2026. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period.

^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 23-August-21.
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. Fatema Pacha manage 8 schemes each of Mahindra Manulife Mutual Fund. Mr. Neelesh Dhamnaskar manages 6 schemes each of Mahindra Manulife Mutual Fund. The performance data for the schemes which have not completed one year has not been provided.
Note: As March 31, 2026 was a non-business days, the schemes returns disclosed are as on March 31, 2026, except for Mahindra Manulife Liquid Fund and Mahindra Manulife Overnight Fund which is as of March 31, 2026.