GOVERNMENT POLICIES: Policies like Make in India, Atmanirbhar Bharat, Production Linked Incentives etc. could drive manufacturing in India.
	GLOBAL TAILWINDS:Diversification of production away from China to avoid supply chain shocks and overdependence could boost manufacturing in India
	IMPROVED INFRASTRUCTURE: Push for improved physical and industrial infrastructure, increased power capacity could be an important enabler for manufacturing.

	EXPORT PROMOTION: Focusing on companies that are manufacturing finished goods for export.
	IMPORT SUBSTITUTION: Substitution of imported finished goods and raw materials with domestically manufactured products and materials
	DOMESTIC CONSUMPTION: Focus on Production of goods for used by domestic businesses and retail consumers.

• Key Overweight sectors/Industries include Textiles and Capital Goods vs the Scheme’s Benchmark
  
  
• Key Underweight sectors /Industries include Automobile and Auto Components, Metals & Mining and Healthcare vs the Scheme’s Benchmark.
  

Sector	MMMF*	Nifty India Manufacturing TRI
Automobile And Auto Components	24.30%	25.94%
Capital Goods	23.93%	20.94%
Metals & Mining	11.67%	16.31%
Healthcare	9.35%	17.27%
Chemicals	5.55%	6.69%

#For the equity portion
*Mahindra Manulife Manufacturing Fund

Data as on May 31, 2026

Security	% to Net Assets
Tata Steel Limited	6.24%
Mahindra & Mahindra Limited	5.08%
Reliance Industries Limited	4.79%
Hindalco Industries Limited	4.61%
Sun Pharmaceutical Industries Limited	3.79%
Divi's Laboratories Limited	3.79%
Bharat Electronics Limited	3.78%
Shriram Pistons and Rings Ltd	3.30%
Bajaj Auto Limited	3.14%
Samvardhana Motherson International Limited	2.45%
Total	40.97%

Data as on May 31, 2026

Fresh Additions	Complete Exits
Security	Security
Powerica Limited	Powerica Ltd
Blue Star Limited	Havells India Limited
-	SRF Limited
-	-
-	-
-	-

Turnover Ratio (Last 1 year)

0.24

Investment Objective:
The Scheme shall seek to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in manufacturing theme. However, there is no assurance that the objective of the Scheme will be achieved.

Fund Manager:
Mr. Renjith Sivaram
Total Experience: 14 years
Experience in managing this fund: 1 year 11 Months (managing since June 24, 2024)

Mr. Navin Matta
Total Experience: 19 years
Experience in managing this fund: 6 Months (managing since December 02, 2025)

Date of allotment: June 24, 2024

Benchmark: Nifty India Manufacturing TRI

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 Rs. 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 Rs 1/- thereafter

Minimum Weekly & Monthly SIP installments:6

Minimum Quarterly SIP Amount:Rs 1,500 and in multiples of Rs 1/- thereafter

Minimum Quarterly SIP installments: 4

Monthly AAUM as on May 31, 2026 (Rs. in Cr.): 674.19

Monthly AUM as on May 31, 2026 (Rs. in Cr.): 665.35

Entry Load: Not Applicable

Exit Load: • 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: 24-Jun-24. 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. 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 and Direct 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.

^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 24-Jun-24.
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. Renjith Sivaram manages 5 schemes of Mahindra Manulife Mutual Fund and Mr. Navin Matta 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 Innovation Opportunities Fund has not been provided as the scheme has not completed 1 year since inception. The said Scheme is managed by Mr. Renjith Sivaram & Ms. Kirti Dalvi.
Note: Performance as on May 29,2026.
Note: As May 30 & 31, 2026 were non-business days, the schemes returns disclosed above is as on May 29, 2026.