Mahindra Manulife Innovation Opportunities Fund

Investment Objective

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

Stated Asset Allocation

Equity and Equity Related Instruments of companies following innovation theme^* - 80%-100%Equity and Equity Related Instruments of companies other than the those mentioned above* - 0%-20%Money Market Instrument / other liquid instruments@- 0%-20% Units of mutual funds$ (Including Gold & Silver ETFs): 0% - 20% Units Issued by InvITs - 0%-10%component of the Scheme. Investment in derivatives shall be for hedging, portfolio balancing and such other purposes as maybe permitted from time to time under the Regulations and subject to guidelines issued by SEBI/ RBI from time to time. The Scheme may utilize the entire available equity derivatives exposure limit as provided above, for hedging purpose. However, the equity derivatives exposure towards nonhedging purpose shall not exceed 20% of the net assets of the Scheme, subject to maximum derivatives exposure as defined above (i.e. 50% of the equity component of the Scheme). The margin money deployed on derivative positions would be included in the permissible Fixed Income Debt and Money Market Securities category. *Including investment in units of REITs and Foreign Securities (including units/securities issued by overseas mutual funds). The investment in Foreign Securities (including units/securities issued by overseas mutual funds) shall be up to 20% of the net assets of the Scheme.Such investments in Foreign Securities by the Scheme shall be subject to and in compliance with various limits / other requirement(s) as specified under the Clause 13.11 of the SEBI Master Circular pertaining to overseas investments by mutual funds, as amended from time to time. Further, pursuant to SEBI’s letter reference no. SEBI/HO/OW/IMD- II/DOF3/P/25095 /2022 dated June 17, 2022, on an ongoing basis, the Scheme may make investments in Overseas Securities upto the headroom available without breaching the overseas investment limits as of end of the day (EOD) of February 1, 2022, at Mutual Fund level. @other liquid instruments shall include cash, bank deposits with Scheduled Commercial Banks, Government Securities, Treasury bills, Repo on Government securities and any other instruments as specified by SEBI from time to time. $The Scheme may also invest in units units of Overnight funds, Liquid funds and Money Market Mutual Funds upto 10% of the net assets of the Scheme subject to compliance with Clause 3 of Sixth Schedule of the Regulations read with Clause 13.14.1 of SEBI Master Circular. Subject to the Regulations and applicable regulatory guidelines as may be issued from time to time, the Scheme may also engage in Securities Lending not exceeding 20% of the net assets of the Scheme. Further, the Scheme shall not deploy more than 5% of the Scheme’s net assets in Securities Lending through a single intermediary. These limits shall be applicable at the time of participating in the Securities Lending by the Scheme.

Exit Load

Exit Load (as % of NAV) #: -An Exit Load of 0.5% is payable if Units are redeemed / switched-out up to 3 months from the date of allotment; -Nil if Units are redeemed / switched-out after 3 months from the date of allotment. Redemption /Switch-Out of Units would be done on First in First out Basis (FIFO). # Applicable for normal subscriptions / redemptions including transactions under special products such as SIP, SWP, switches, etc. offered by the AMC. For detailed load structure disclosure, please refer SID.

Fund Managers

Fund Manager 1 - Ms. Kirti Dalvi, Fund Manager 2 - Mr. Renjith Sivaram Radhakrishnan

Fund Manager 1 - Primary, Fund Manager 2 - Comanage