One Pager as on August 31, 2023
![]() | Potential capital appreciation & wealth accumulation through regular investments in long term |
![]() | Balances the risk of equity with investments in debt and derivative securities |
![]() | Flexible asset allocation feature in dynamic market scenarios |
Sector | MMESF | Nifty Equity Savings Index TRI |
Financial Services | 20.20% | 37.00% |
Construction Materials | 7.38% | 1.90% |
Fast Moving Consumer Goods | 7.03% | 9.30% |
Capital Goods | 6.45% | - |
Information Technology | 6.35% | 13.66% |
^For the equity portion
Data as on August 31, 2023
Security | % to Net Assets |
Ambuja Cements Limited* | 5.78% |
Bajaj Finance Limited* | 3.85% |
HDFC Bank Limited | 3.80% |
ITC Limited* | 3.28% |
ICICI Bank Limited* | 3.05% |
Reliance Industries Limited | 2.94% |
Tech Mahindra Limited* | 2.55% |
IndusInd Bank Limited* | 2.08% |
Kotak Mahindra Bank Limited* | 1.74% |
Infosys Limited* | 1.57% |
Total | 30.63% |
Security | % to Net Assets |
Small Industries Dev Bank of India (CB) | 2.49% |
7.06% GOI (MD 10/04/2028) (SOV) | 2.49% |
364 Days Tbill (MD 09/11/2023) (SOV) | 2.47% |
364 Days Tbill (MD 23/11/2023) (SOV) | 2.46% |
364 Days Tbill (MD 21/12/2023) (SOV) | 2.45% |
Total | 12.35% |
Annualised Portfolio YTM*1^ | 7.08%3 |
Macaulay Duration^ | 1.29 Year3 |
Modified Duration^ | 1.243 |
Residual Maturity^ | 1.52 Years3 |
Portfolio Turnover Ratio (Last 1 year) | 3.87 |
Standard Deviation | 6.85% |
Beta2 | 1.21 |
Sharpe Ratio## | 0.81 |
Jenson’s Alpha3 | 0.1068 |
As on (Date) | August 31, 2023 |
*In case of semi annual YTM, it will be annualised
^For debt component
#Risk-free rate assumed to be 6.69% (MIBOR as on 31-08-23) - Source: www.mmda.org
1Yield to maturity should not be construed as minimum return offered by the Scheme; 2Beta is calculated
on the basis of average monthly rolling returns as of last day of the month since inception till August 31, 2023 and annualized. 3Calculated on amount invested in debt securities (including accrued interest),
deployment of funds in TREPS and Reverse Repo and net receivable / payable.
Calculated for the period since inception till August 31, 2023. | Data Source: ICRA Analytics, Bloomberg | Data
as on August 31, 2023 | N.A.: Net Assets
Fresh Additions | Complete Exits |
Security | Security |
CESC Limited Bajaj | Auto Limited |
Coal India Limited | Dalmia Bharat Limited |
ICICI Securities Limited | Godrej Properties Limited |
- | Hindustan Petroleum Corporation Limited |
- | Mahindra & Mahindra Financial Services 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 August 31, 2023
^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 1-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. 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. Manish Lodha is managing this fund since December 21, 2020. Mr. Renjith Sivaram is managing this fund since July 03, 2023. Mr. Kush Sonigara is managing this fund since July 03, 2023.
^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 1-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).
^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. Rahul Pal manages 10 schemes, Mr. Manish Lodha manages 10 schemes, Mr. Renjith Sivaram manages 2 schemes and Mr. Kush Sonigara$ manage 4 schemes ($Dedicated Fund Manager for Overseas Investments) each of Mahindra Manulife Mutual Fund. The performance data for the schemes which have not completed one year has not been provided.
This product is suitable for investors who are seeking*:
• Long term capital appreciation and generation of income
• Investment in equity and equity related instruments, arbitrage opportunities and debt and money market instruments.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.