Mahindra Manulife Equity Savings Fund

Investment Objective

The Scheme seeks to generate long term capital appreciation and also income through investments in equity and equity related instruments, arbitrage opportunities and investments in debt and money market instruments. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

Stated Asset Allocation

Equity and Equity related Securities of which: 65% - 85% (i) Equity and Equity Related Instruments (unhedged / Net Long Equity Exposure)*^: 15% - 40% (ii) Equity and Equity Related Instruments and derivatives including index futures, stock futures, index options, & stock options, etc. as part of hedged / arbitrage exposure (hedged) *: 25% - 70% Debt and Money Market Securities: 15% - 35% Units issued by REITs & InvITs: 0% - 10% Exchange Traded Commodity Derivatives (ETCDs)@, Gold ETFs, Silver ETFs and mutual fund units: 0% - 20% In the absence of suitable arbitrage opportunities, the investment manager may choose to have a lower equity exposure. In such defensive circumstances the asset allocation will be as per the below table: Equity and Equity related Securities of which: 45% - 70% (i) Equity and Equity Related Instruments (unhedged / Net Long Equity Exposure)*^: 30% - 65% (ii) Equity and Equity Related Instruments and derivatives including index futures, stock futures, index options, & stock options, etc. as part of hedged / arbitrage exposure (hedged) *: 5% - 15% Debt and Money Market Securities^: 30% - 55% Units issued by REITs & InvITs: 0% - 10% ETCDs@, Gold ETFs, Silver ETFs and mutual fund units : 0% - 20% *Equity allocation is measured as the Gross exposure to equities, equity related instruments and derivatives. The Scheme will enter into derivatives transactions for hedging and/or portfolio balancing. The derivative positions will be hedged against corresponding positions in either equity or derivative markets depending on the strategies involved and execution costs. On the total portfolio level, the Scheme does not intend to take a net short exposure to equity markets. Unhedged positions in the portfolio (investments in equity shares without corresponding exposure to equity derivative) shall not exceed 40% of the net assets, under normal circumstances and 65% of the net assets, under defensive circumstances. ^ The Scheme may take exposure in equity derivative instruments (as part of the Unhedged Equity component) to the extent of 40% of the Unhedged Equity component. Further, the Scheme may use derivatives for such purposes as maybe permitted by the Regulations, including for the purpose of hedging and portfolio balancing, based on the opportunities available and subject to guidelines issued by SEBI from time to time.

Exit Load

10% of the units allotted shall be redeemed without any exit load, on or before completion of 15 calendar days from the date of allotment of Units. Any redemption in excess of the above limit shall be subject to the following exit load: An exit load of 1% is payable if Units are redeemed / switched-out on or before completion of 15 calendar days from the date of allotment of Units; Nil - If Units are redeemed / switched-out after completion of 15 calendar days from the date of allotment of Units.

Fund Managers

FM-1 Mr. Renjith Sivaram (Equity portion), FM-2 Mr. Navin Matta (Equity portion), FM-3 Mr. Rahul Pal (Debt portion), FM-4 Mr. Kush Sonigara (Debt portion), FM- 5 Mr. Pranav Patel

FM- 1 Equity Portion, FM- 2 Equity Portion, FM-3 Debt Portion, FM-4 Debt Portion, FM-5 Dedicated fund manager for managing overseas investments