Prudent portfolio of investments across companies and sectors.
	Actively managed by professional fund managers for potential long term capital appreciation.
	Opportunity to participate in successful businesses through equity market.

• A well-diversified portfolio of companies having demonstrated industry leadership and scalability leading to high earnings growth potential.
  
  
• The portfolio will tap into emerging growth opportunities from across sectors stemming from under penetration, structural market share shifts and technology driven changes.
  

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

Sector	MMMCF*	Nifty 500 Multicap 50:25:25 TRI
Financial Services	30.93%	29.79%
Healthcare	14.61%	7.94%
Capital Goods	10.90%	7.99%
Information Technology	6.81%	7.31%
Automobile And Auto Components	6.60%	7.07%

*Mahindra Manulife Multi Cap Fund

Data as on November 30,2025

Security	% to Net Assets
ICICI Bank Limited	3.18%
Glenmark Pharmaceuticals Limited	3.14%
Divi's Laboratories Limited	3.01%
Indus Towers Limited	2.94%
State Bank of India	2.49%
UltraTech Cement Limited	2.37%
Polycab India Limited	2.35%
Angel One Limited	2.32%
The Federal Bank Limited	2.27%
JSW Steel Limited	2.27%
Total	26.34%

Fresh Additions	Complete Exits
Security	Security
Shriram Finance Ltd	PI Industries Ltd
Aurobindo Pharma Ltd	Canara Bank
Multi Commodity Exchange of India Ltd	Bharat Electronics Ltd
Jamna Auto Industries Ltd	Amara Raja Energy & Mobility Ltd
Sagility Ltd	HDFC Bank Ltd
CG Power and Industrial Solutions Ltd	ITC Hotels Ltd
Astral Ltd	Bharat Dynamics Ltd
Ashok Leyland Ltd	Safari Industries (India) Ltd
Larsen & Toubro Ltd	Vishal Mega Mart Ltd
Manappuram Finance Ltd	Mankind Pharma Ltd
Bank of Baroda	eClerx Services Ltd
-	Syngene International Ltd

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 November 30,2025

Turnover Ratio (Last 1 year)	0.99
Standard Deviation	15.00%
Beta	1.00
Sharpe Ratio#	0.89
Jenson's Alpha	0.0917

#Risk-free rate assumed to be 5.59% (MIBOR as on 28-11-25) - 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 November 28, 2025

Investment Objective:
The investment objective of the Scheme is to provide medium to long term capital appreciation through appropriate diversification and taking low risk on business quality. The diversified portfolio would predominantly consist of equity and equity related securities including derivatives. However, there can be no assurance that the investment objective of the Scheme will be achieved.

^$Fund Manager:

Mr. Vishal Jajoo
Total Experience : 17 years,
Experience in managing this fund: 1 month (Managing since November 3, 2025)

Ms. Fatema Pacha
Total Experience : 18 years,
Experience in managing this fund: 5 years and 1 month (managing since October 16, 2020)

Mr. Manish Lodha
Total Experience : 23 years
Experience in managing this fund: 4 years and 11 months (Managing since December 21, 2020)

^$Note: Pursuant to notice cum addendum no. 46/2025, Mr. Manish Lodha, Fund Manager – Equity and a Key Personnel of MMIMPL has resigned from the services of MMIMPL effective from December 02, 2025

Date of allotment: May 11, 2017

Benchmark: Nifty 500 Multicap 50:25:25 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 Additional Purchase Amount: Rs. 1,000 and in multiples of Re. 1/- thereafter

Minimum Redemption / Switch-outs: : 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 November 30,2025 (Rs. in Cr.): 6,088.03

Monthly AUM as on November 30,2025 (Rs. In Cr.): 6,125.13

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: 11-May-17.
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. Vishal Jajoo is managing this fund since November 3, 2025, Ms. Fatema Pacha is managing this scheme since October 16, 2020 and Mr. Manish Lodha is managing this fund since December 21, 2020. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period.
^$Note: Pursuant to notice cum addendum no. 46/2025, Mr. Manish Lodha, Fund Manager – Equity and a Key Personnel of MMIMPL has resigned from the services of MMIMPL effective from December 02, 2025

^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 11-May-17.
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. Vishal Jajoo manages 1 scheme, Ms. Fatema Pacha manages 8 schemes and Mr. Manish Lodha manages 10 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 November 29 & 30, 2025 was a non-business days, the schemes returns disclosed are as on November 28, 2025, except for Mahindra Manulife Liquid Fund and Mahindra Manulife Overnight Fund which is as of November 30, 2025.
^¢Note: Pursuant to notice cum addendum no. 45/2025, Fund Manager of the scheme has been changed with effect from December 02, 2025.
^$Note: Pursuant to notice cum addendum no. 46/2025, Mr. Manish Lodha, Fund Manager – Equity and a Key Personnel of MMIMPL has resigned from the services of MMIMPL effective from December 02, 2025
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. 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.