MAHINDRA MANULIFE LOW DURATION FUND
(An open ended low duration debt scheme investing in instruments such that the Macaulay duration of the Portfolio is between 6 months and 12 months (please refer to page no. 19 of SID). A relatively low interest rate risk and moderate credit risk.)

Data as on 31st, August 2024

Investment Objective The investment objective of the Scheme is to provide reasonable returns, commensurate with a low to moderate level of risk and high degree of liquidity, through a portfolio constituted of money market and debt instruments. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Fund Features Positioned between liquid funds and short-duration funds with respect to the risk-return matrix.
Potentially better returns than that of liquid funds through strategic shifts in the maturity profile.
Lower volatility through relatively lower duration than short duration
Higher flexibility in asset allocation vis-à-vis liquid funds..
Fund Manager and Experience Fund Manager: Mr. Rahul Pal
Total Experience: 22 years
Experience in managing this fund: 7 years and 7 months (managing since February 15, 2017)
Date of allotment February 15, 2017
Benchmark CRISIL Low Duration Debt A-I Index
Available Plans for subscription by investors Direct (Default) and Regular
Available Options under each plan Growth (Default) and IDCW
Available Facilities under IDCW Option IDCW Reinvestment (Daily (Default), Weekly, Monthly), IDCW Payout (Monthly)
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 Amount: Rs.1,000/- or 1
unit or account balance, whichever is lower
SIP 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 August 31, 2024 (Rs. in Cr.): 539.63
Monthly AUM as on August 31, 2024 (Rs. in Cr.): 555.40
Total Expense Ratio1 as on August 31, 2024: Regular Plan: 1.09%
Direct Plan: 0.30%
1Includes additional expenses charged in terms of Regulation 52(6A)(b) of SEBI (Mutual Funds) Regulations, 1996 and Goods and Services Tax.
Load Structure: Entry Load: N.A.
Exit Load: Nil

Annualised Portfolio YTM*2: 7.78%
Macaulay Duration: 320.65 days
Modified Duration: 0.83
Residual Maturity: 451.96 days
As on (Date) August 31, 2024
*In case of semi annual YTM, it will be annualised
2Yield to maturity should not be construed as minimum return offered by the Scheme.

NAV as on August 30, 2024
NAV/Unit
Regular Plan (In Rs.)
Direct Plan (In Rs.)
Daily IDCW
1003.1805
1111.5350
Monthly IDCW
1113.1608
1132.6416
Weekly IDCW
1053.4097
1031.1593
Growth
1538.8772
1639.8636
IDCW: Income Distribution cum Capital Withdrawal
Note: As August 31, 2024 was a non business days, the NAV disclosed above is as on August 30, 2024.

Issuer
Rating
% of Net Assets
Certificate of Deposit
14.82%
Axis Bank Limited
CRISIL A1+
6.16%
ICICI Bank Limited
ICRA A1+
4.42%
HDFC Bank Limited
CRISIL A1+
4.24%
Corporate Bond
63.98%
REC Limited
CRISIL AAA
8.08%
National Bank For Agriculture and Rural Development
CRISIL AAA / ICRA AAA
8.04%
Small Industries Dev Bank of India
CRISIL AAA
6.29%
LIC Housing Finance Limited
CRISIL AAA
5.88%
Godrej Industries Limited
CRISIL AA
5.09%
Embassy Office Parks REIT
CRISIL AAA
4.94%
Bharti Telecom Limited
CRISIL AA+
4.52%
Shriram Finance Limited
CRISIL AA+
4.51%
Export Import Bank of India
CRISIL AAA
4.43%
360 One Prime Limited
CRISIL AA
4.31%
Larsen & Toubro Limited
CRISIL AAA
2.70%
National Housing Bank
CRISIL AAA
2.69%
Muthoot Finance Limited
CRISIL AA+
1.79%
Cholamandalam Investment and Finance Company Ltd
ICRA AA+
0.36%
PNB Housing Finance Limited
CRISIL AA+
0.36%
Corporate Debt Market Development Fund
0.23%
Corporate Debt Market Development Fund Class A2
0.23%
Government Bond
4.17%
4.7% GOI FRB (MD 22/09/2033)
SOV
3.24%
7.32% GOI (MD 13/11/2030)
SOV
0.92%
Reduced Face Value Bonds
2.67%
JM Financial Products Limited
CRISIL AA
2.67%
State Government Bond
0.91%
8.16% Maharastra SDL (23/09/2025)
SOV
0.91%
Treasury Bill
5.22%
182 Days Tbill (MD 06/02/2025)
SOV
2.62%
364 Days Tbill (MD 11/04/2025)
SOV
2.59%
Cash & Other Receivables
8.00%
Grand Total
100.00%
( Top Ten Holdings - Issuer wise) as on August 31, 2024)

Mahindra Manulife Low Duration Fund
CAGR Returns (%)
Value of Investment of Rs. 10,000*
NAV / Index Value
(as on August 30, 2024)
Managed by Mr. Rahul Pal
1 Year
3 Years
5 Years
Since Inception
1 Year
3 Years
5 Years
Since Inception
Regular Plan - Growth Option
6.89
5.33
5.37
5.88
10,689
11,685
12,991
15,389
1,538.8772
Direct Plan - Growth Option
7.73
6.16
6.21
6.78
10,773
11,965
13,522
16,399
1,639.8636
CRISIL Low Duration Debt A-I Index^
7.49
6.02
6.04
6.58
10,749
11,917
13,411
16,174
7,529.81
CRISIL 1 Year T-Bill Index^^
7.50
5.67
5.54
5.96
10,750
11,801
13,099
15,478
7,324.33

^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 15-Feb-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. 1,000 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. For performance details of other schemes managed by the Fund Manager(s), please click here | Best Viewed in Landscape mode
Note:As August 31, 2024 was a non - business day, the schemes returns disclosed are as on August 30,2024, except for Mahindra Manulife Liquid Fund and Mahindra Manulife Overnight Fund which is as of August 31, 2024.

Mahindra Manulife Low Duration Fund
Regular Plan
Direct Plan
CRISIL Low
Duration
Debt A-I Index^
Crisil 1 Yr T-Bill Index^^
SIP Investment Period
Total Amount Invested
()
Market Value
()
CAGR Returns
(%)
Market Value
()
CAGR Returns (%)
Market Value
()
CAGR Returns
(%)
Market Value
()
CAGR Returns (%)
1 Year
120,000
124,529
7.10
125,065
7.95
124,849
7.61
124,891
7.67
3 Years
360,000
396,034
6.30
400,982
7.14
399,789
6.94
398,385
6.70
5 Years
600,000
690,166
5.54
704,769
6.38
701,765
6.21
695,127
5.83
Since Inception
900,000
1,117,811
5.69
1,155,154
6.54
1,147,833
6.38
1,126,207
5.88

^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 15-Feb-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). For SIP Performance please click here | Best Viewed in Landscape mode
Note: As August 31, 2024 was a non - business day, the schemes returns disclosed are as on August 30,2024, except for Mahindra Manulife Liquid Fund and Mahindra Manulife Overnight Fund which is as of August 31, 2024.

MAHINDRA MANULIFE LOW DURATION FUND
**Cash & Cash Equivalents includes Fixed Deposits, Cash & Current Assets and TREPS

MAHINDRA MANULIFE LOW DURATION FUND
**Cash & Cash Equivalents includes Fixed Deposits, Cash & Current Assets and TREPS

Record Date
Plan(s)/Option(s)
Individuals/HUF (IDCW)
Others (IDCW)
Face Value
Cum-IDCW NAV
(Rs. per unit)
(Rs. per unit)
(Rs. per unit)
(Rs. per unit)
26-Jun-24
Monthly Regular IDCW
5.5816
5.5816
1000
1138.6083
26-Jun-24
Monthly Direct IDCW
6.3893
6.3893
1000
1138.6083
29-Jul-24
Monthly Regular IDCW
8.8007
8.8007
1000
1530.1937
29-Jul-24
Monthly Direct IDCW
7.8264
7.8264
1000
1120.6208
28-Aug-24
Monthly Regular IDCW
5.9504
5.9504
1000
27.6520
28-Aug-24
Monthly Direct IDCW
6.8036
6.8036
1000
1139.0226

Pursuant to payment of IDCW, the NAV of the IDCW Option(s) of the Scheme/Plan(s) falls to the extent of payout and statutory levy, if any. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. For complete list of IDCWs, visit www.mahindramanulife.com.

Product Suitability
This Product is Suitable for investors who are seeking*
  • Regular income over short term
  • Investment in debt and money market instruments.
Scheme Riskometers
Benchmark Riskometers
MAHINDRA MANULIFE MULTI CAP BADHAT YOJANA
MAHINDRA MANULIFE MULTI CAP BADHAT YOJANA
Scheme Benchmark: CRISIL Low Duration Debt A-I Index
* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Refere to the PRCM disclosure click here