WHY INVEST IN LARGE CAPS?
Consistent Participation in Economic Growth
Represents major sectors and Trends
Reasonably valued with relatively lower volatility
Stable growth potential in long term
India’s GDP has shown a strong growth
Jaise angoothi main heera toh banta hai
Mahindra Pragati Bluechip Yojana
Large Cap Fund - An open ended equity schemepredominantly investing in large cap stocks
Vaise aapki pragati ke liye
BANTA HAI!TOH
FACTSHEET FEBRUARY 2019
For investment strategy and product labeling, refer back cover page
The MPC changed its policy stance and cut rates. The CPI and Manufacturing WPI numbers too remained very benign. We think that the markets may be overtly bothered on the Government Borrowing numbers. The benchmark 10-year gilt has a difference of more 100 bps from the repo rates. Mean differences in a historic context have been much lower than 100 bps and thus throws about interesting possibilities. In recent times, corporate bond spreads have widened significantly partly reacting to a rising risk aversion in the credit markets. We think with time, as underlying gilt stabilizes, credit spreads may start normalizing, offering the investors potentially better risk reward tradeoffs.
EQUITY MARKET OUTLOOK
FACTSHEETFebruary 2019
Overall, the third quarter results (FY19) for the NIFTY constituents have been good. In Q3 FY19, aggregate sales / EBIDTA / PAT rose 23% yoy /5% yoy/ 6% respectively. The subdued PAT growth was largely due to net losses in the telecom and auto sectors. Overall valuations have become a bit cheaper, and with investors getting more clarity on the earnings trajectory, we expect the future direction of the market to remain largely stock specific and earnings specific.
DEBT MARKET OUTLOOK
Mahindra Mutual Fund Kar Bachat Yojana
Mahindra Dhan Sanchay Equity Savings Yojana
Mahindra Mutual Fund Badhat Yojana
Mahindra Liquid Fund
Mahindra Low Duration Bachat Yojana
Mahindra Unnati Emerging Business Yojana
Mahindra Credit Risk Yojana
Mahindra Rural Bharat And Consumption Yojana
ELSS, Tax saving scheme
Scheme with portfolio mix of equity, debt and arbitrage
Diversified multi-cap multi-sector equity scheme
Liquid Fund
Low duration debt scheme
Mid Cap equity scheme
Debt scheme predominantly investing in AA and below rated corporate bonds
Equity scheme following Rural India theme
Source: Bloomberg; Data as on February 28th, 2019
How to read FactsheetFund Manager: An employee of the asset management company such as a mutual fund of the insurer, who manages investments of the scheme. He is usually part of larger team of fund managers and research analysts.Application Amount for fresh Subscription: This is the minimum investment amount for a new investor in mutual fund scheme.Minimum Additional Amount: This is the minimum investment amount for an existing investor in a mutual fund scheme.SIP: SIP or systematic investment plan works on the principle of making periodic investment of a�xed sum. It works similar to a recurring bank deposit. For instance, an investor may opt for an SIP that invests Rs. 500 every 15th of the month in an equity fund for a period of three years.NAV: The NAV or the net asset value is the total asset value per unit of the mutual fund after deducting all related and permissible expenses. The NAV is calculated at the end of every business day. It is the value at which the investor enters or exits the mutual fund.Benchmark: A group of securities, usually a market index, whose performance is used as a standard or benchmark to measures investment performance of mutual funds, among other investments. Some typical benchmarks include the Nifty, Sensex, BSE 200, BSE 500, 10- year GSec.Entry Load: A mutual fund may have a sales charge or load at the time of entry and / or exit to compensate the distributor / agent. Entry load is charged at the time an investor purchases the units of a mutual fund. The entry load is added to the prevailing NAV at the time of investment.For instance, if the NAV is Rs. 100 and the entry load is 1%, the investor will enter the fund at Rs. 101. Note: SEBI, vide circular dated June 30, 2009 has abolished entry load and mandated that the upfront commission to distributors will be paid by the investor directly to the distributor, based on his assessment of various factors including the service rendered by the distributor.Exit load: Exit load is charged at the time an investor redeems the units of a mutual fund. The exit load is deducted from the prevailing NAV at the time of redemption. For instance, if the NAV is Rs. 100 and the exit load is 1%, the redemption price would be Rs. 99 per unit.Modi�ed Duration: Modi�ed duration is the price sensitivity and the percentage change in price for unit change in yield.Macaulay Duration: It measures the average time that would be taken to receive the cash �ows from the invested instrument. It is the weighted average term to maturity of the cash �ows from an
instrument. Macaulay Duration is a measure of interest rate sensitivity of a �xed income instrument. Higher the Macaulay Duration, higher would be the interest rate risk. For a detailed understanding of calculations, please refer page no 24 of SID of Mahindra Low Duration Bachat Yojana.Standard Deviation: Standard Deviation is a statistical measure of the range of an investment’s performance. When a mutual fund has a high standard deviation, its means its range of performance is wide, implying greater volatility.
Sharpe Ratio: The Sharpe Ratio, named after its founder, the Nobel Laureate William Sharpe, is a measure of risk-adjusted returns. It is calculating using standard deviation and excess return to determine reward per unit of risk. Beta: Beta is a measure of an investment’s volatility vis-à-vis the market. Beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 implies that the security’s price will be more volatile than the market.
AUM: AUM or asset under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment �rm.Holdings: The holdings or the portfolio is a mutual fund’s latest or updated reported statement of investments/ Securities. These are usually displayed in terms of percentage to net assets or the rupee value or both. The objective is to give investors an idea of where their money is being invested by the fund manager.
Nature of Scheme: The investment objective and underlying investments determine the nature of the mutual fund scheme. For instance, a mutual fund that aims at generating capital appreciation by investing in stock markets is an equity fund or growth fund. Likewise, a mutual fund that aims at capital preservation by investing in debt markets is a debt fund or income fund. Each of these categories may have sub-categories.
Rating Pro�le: Mutual funds invest in securities after evaluating their creditworthiness as disclosed by the ratings. A depiction of the mutual fund in various investments based on their ratings becomes the rating pro�le of the fund. Typically, this is a feature of debt funds.
Yield to Maturity: The Yield to Maturity or the YTM is the rate of return anticipated on a bond if held to maturity. YTM is expressed as an annual rate. The YTM factors in the bond’s current market price, par value, coupon interest rate and time to maturity.
Scheme Ready Reference
C No. 005311
( Top Ten Holdings - Issuer wise) as on February 28, 2019PORTFOLIO
AutomobileBosch LimitedBajaj Auto LimitedMaruti Suzuki India LimitedWABCO India LimitedTVS Motor Company LimitedCement & Cement ProductsACC LimitedThe Ramco Cements LimitedGrasim Industries LimitedConstructionLarsen & Toubro LimitedConsumer GoodsITC LimitedMarico LimitedColgate Palmolive (India) LimitedProcter & Gamble Hygiene and Health Care LimitedFuture Lifestyle Fashions LimitedNestle India LimitedGlaxoSmithKline Consumer Healthcare LimitedAsian Paints LimitedGodrej Consumer Products LimitedEnergyReliance Industries LimitedGAIL (India) LimitedFertilisers & PesticidesSharda Cropchem LimitedFinancial ServicesHDFC Bank Limited
11.182.762.362.222.071.77
5.572.781.531.26
3.363.36
17.953.372.872.272.101.741.731.641.141.09
5.423.202.22
1.171.17
19.946.09
This product is suitable for investors who are seeking*
Riskometer
Total Expense Ratio1
as on February 28, 2019:Load Structure:
Regular Plan: 2.43%Direct Plan: 0.63%
Date of allotment: October 18, 2016
FUND MANAGER AND EXPERIENCEFund Manager: Mr V Balasubramanian
Total Experience: 38 years
Portfolio Turnover Ratio: 0.80
Option: Dividend (Dividend Option will have onlyDividend Payout facility) and Growth
Experience in managing this fund: 7 months (Managing since 1 August, 2018)
PORTFOLIO STATS
Application Amount: Rs. 500 and in multiples of Rs.500 thereafter
Additional Purchase Amount: Rs. 500 and in multiples of Rs. 500 thereafter
Repurchase Amount: Rs. 500 or 50 units or account balance, whichever is lower
INVESTMENT OBJECTIVE
FUND FEATURES
The investment objective of the Scheme is to generate long term capital appreciation through a diversi�ed portfolio of equity and equity related securities. The Scheme does not guarantee or assure any returns.
NAV/Unit Regular Plan (In Rs.) Direct Plan (In Rs.)
NAV AS ON February 28, 2019:
Minimum Monthly SIP Amount: Rs 500 and in multiples of Rs 500 thereafter
Minimum Quarterly SIP Amount: Rs 1,500 and in multiples of Rs 500 thereafter
Minimum Monthly SIP installments: 6
Minimum Quarterly SIP installments: 4
SCHEME DETAILS
SECTOR ALLOCATION (%) as on February 28, 2019 MARKET CAPITALISATION (%) as on February 28, 2019
Average AUM for the month ending February 28, 2019 (Rs. in Cr.): 305.61
AUM as on February 28, 2019 (Rs. in Cr.): 307.44
Potential Capital Appreciation: Scheme invests in a diversi�ed equity portfolio thereby o�ering the investor, possibility of growing their investments.
Tax Bene�t: Investments in this scheme are entitled for tax deduction under section 80C. Possibility of saving upto Rs. 51,480/-*.
Lock-in Feature: This feature endeavors to protect your investments from impact of short term market volatility. Lock-in of only 3 years! Other traditional tax savings options may have longer holding periods.
Benchmark: Nifty 200 Index
Issuer % of Net AssetsBajaj Finance LimitedHousing Development Finance Corporation LimitedKotak Mahindra Bank LimitedState Bank of IndiaCholamandalam Investment and Finance Company LimitedCRISIL LimitedGruh Finance LimitedIndustrial ManufacturingGrindwell Norton LimitedSKF India LimitedSiemens LimitedLakshmi Machine Works LimitedCummins India LimitedHoneywell Automation India LimitedABB India LimitedITOracle Financial Services Software LimitedTata Elxsi LimitedPharmaAurobindo Pharma LimitedP�zer LimitedGlaxoSmithKline Pharmaceuticals LimitedServicesBlue Dart Express LimitedTextilesPage Industries LimitedCASH & CASH EQUIVALENTSGrand Total
4.312.402.171.531.441.190.81
13.662.652.361.941.841.821.761.29
4.582.851.73
6.362.662.111.59
0.550.55
2.542.54
7.72100
Issuer % of Net Assets
Entry Load: N.A.Exit Load: Nil
1Includes additional expenses charged in terms of Regulation 52(6A)(b) of SEBI (Mutual Funds) Regulations, 1996 and Goods and Service Tax.
Investors understand that their principalwill be at moderately high risk
•
•
* Investors should consult their �nancial advisers if in doubt about whether the product is suitable for them.
Long term capital appreciation
Investment predominantly in equity and equity related securities
Growth
Dividend
10.9025
10.0075
11.5043
10.5582
* Assuming investor uses the entire Rs 1.50 lac limit available under section 80C of the Income Tax Act 1961 for investing in Mahindra Mutual Fund Kar Bachat Yojana. The tax bene�t is calculated on the basis of current applicable tax rate (ignoring marginal relief on surcharge, if any) for net taxable income between Rs 50 lacs and Rs 1 crore. Please consult your �nancial / tax advisor before investing.
DIVIDEND HISTORY
10-Nov-17
10-Nov-17
Regular Dividend
Direct Dividend
1.00
1.00
10
10
12.1838
12.4808
Pursuant to payment of dividend, the NAV of the Dividend 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 dividends, visit www.mahindramutualfund.com.
Record Date Plan(s) / Option(s)Dividend Face Value Cum-Dividend NAV
(Rs. per unit)(Rs. per unit) (Rs. per unit)
(An open ended equity linked saving scheme with a statutory lock in of 3 years and tax bene�t)
C No. 005312
FACTSHEETFebruary 2019
As per the Market Capitalisation data provided by AMFI(In line with the applicable SEBI guidelines)
24.40-Mid Cap
65.11-Large Cap
10.49-Small Cap
0.551.17
2.543.36
4.585.425.57
6.367.72
11.1813.66
17.9519.94
0 5 10 15 20 25
ServicesFertilisers & Pesticides
TextilesConstruction
ITEnergy
Cement & Cement ProductsPharma
Cash & Cash EquivalentsAutomobile
Industrial ManufacturingConsumer Goods
Financial Services
Portfolio Turnover Ratio: 2.99
15-Sep-1715-Sep-1715-Dec-1715-Dec-1721-Mar-1821-Mar-18
Regular DividendDirect DividendRegular DividendDirect DividendRegular DividendDirect Dividend
0.150.150.200.200.040.04
101010101010
10.831110.981411.015911.238410.355710.6337
( Top Ten Holdings - Issuer wise) as on February 28, 2019PORTFOLIO
Unhedged EquityAutomobileMaruti Suzuki India LimitedHero MotoCorp LimitedApollo Tyres LimitedEicher Motors LimitedBosch LimitedCement & Cement ProductsGrasim Industries LimitedACC LimitedChemicalsAarti Industries LimitedConstructionLarsen & Toubro LimitedThe Phoenix Mills LimitedVoltas LimitedConsumer GoodsITC LimitedHindustan Unilever LimitedZydus Wellness LimitedMarico LimitedEnergyReliance Industries LimitedGAIL (India) LimitedPower Grid Corporation of India LimitedPetronet LNG LimitedBharat Petroleum Corporation LimitedNTPC LimitedOil & Natural Gas Corporation LimitedFertilisers & PesticidesCoromandel International LimitedFinancial ServicesHDFC Bank LimitedHousing Development Finance Corporation LimitedICICI Bank LimitedAxis Bank LimitedKotak Mahindra Bank LimitedState Bank of IndiaBajaj Finserv LimitedMuthoot Finance LimitedLIC Housing Finance LimitedTI Financial Holdings LimitedIndustrial ManufacturingCarborundum Universal LimitedITInfosys LimitedTata Consultancy Services LimitedWipro LimitedLarsen & Toubro Infotech Limited
3.161.370.760.520.270.24
1.100.670.43
0.310.31
3.362.180.600.58
4.101.711.520.620.25
7.113.960.750.600.540.520.450.29
0.720.72
16.974.972.402.341.751.731.500.860.600.460.36
0.730.73
6.382.802.410.740.43
This product is suitable for investors who are seeking*
Riskometer
Total Expense Ratio2
as on February 28, 2019:Load Structure:
Regular Plan: 2.52%Direct Plan: 0.62%
Date of allotment: February 1, 2017
FUND MANAGER AND EXPERIENCEFund Manager (Equity): Mr. Srinivasan RamamurthyTotal Experience: 11 years
Average Maturity^: 5.41 yearsModi�ed Duration^: 4.08Yield to Maturity1^: 8.44%
Option: Dividend (Dividend Reinvestment, Dividend Payout) and Growth
Experience in managing this fund: 7 months (Managing since 1 August, 2018)Fund Manager (Debt): Mr. Rahul PalTotal Experience: 17 yearsExperience in managing this fund: 2 years 1 month (managing since February 1, 2017)
PORTFOLIO STATS
Application Amount: Rs. 1,000/- and in multiples of Re. 1/- thereafterAdditional Purchase Amount: Rs. 1,000/- and in multiples of Re. 1/- thereafterRepurchase Amount: Rs. 1,000/- or 100 units or account balance, whichever is lower
INVESTMENT OBJECTIVE
FUND FEATURES
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.
NAV/Unit Regular Plan (In Rs.) Direct Plan (In Rs.)
NAV AS ON February 28, 2019:
SCHEME DETAILS
SECTOR ALLOCATION (%) as on February 28, 2019 MARKET CAPITALIZATION (%) as on February 28, 2019
DIVIDEND HISTORY
Average AUM for the month ending February 28, 2019 (Rs. in Cr.): 280.80AUM as on February 28, 2019 (Rs. in Cr.): 277.06
Potential capital appreciation and wealth accumulation through regular investments in the long term.Balances the risk of equity with investments in debt and derivative securities.Flexible Asset Allocation feature in dynamic market scenarios.
^For debt component
Benchmark: 55% Nifty 50 Index + 30% Crisil Composite Bond Fund Index+15% Crisil Liquid Fund Index
Issuer % of Net AssetsMetalsTata Steel LimitedPharmaAurobindo Pharma LimitedSano� India LimitedCadila Healthcare LimitedTelecomBharti Airtel LimitedSterlite Technologies LimitedUnhedged Equity TotalHedged EquityReliance Industries LimitedRaymond LimitedPunjab National BankMulti Commodity Exchange of India LimitedTata Steel LimitedJindal Steel & Power LimitedTata Global Beverages LimitedNCC LimitedIndusInd Bank LimitedEscorts LimitedIDFC LimitedUnion Bank of IndiaJain Irrigation Systems LimitedBank of IndiaMindTree LimitedThe Karnataka Bank LimitedBharti Airtel LimitedHedged Equity TotalEquity and Equity Related Total
0.440.44
2.371.030.770.57
0.950.690.26
47.70
2.531.601.491.321.231.191.181.170.870.840.840.750.580.530.420.420.26
17.2264.92
Issuer % of Net Assets
Entry Load: N.A.Exit Load: 10% of the units allotted shall be redeemed without any exit load, on or before completion of 12 months 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 12 months from the date of allotment of Units; Nil - If Units are redeemed / switched-out after completion of 12 months from the date of allotment of Units.
1Yield to maturity should not be construed as minimum return o�ered by the Scheme; 2 Includes additional expenses charged in terms of Regulation 52(6A)(b) and 52(6A)(c) of SEBI (Mutual Funds) Regulations, 1996 and Goods and Service Tax.
Pursuant to payment of dividend, the NAV of the Dividend 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 dividends, visit www.mahindramutualfund.com.
Record Date Plan(s)/Option(s) Dividend Face Value Cum-Dividend NAV(Rs. per unit)(Rs. per unit) (Rs. per unit)
Investors understand that their principalwill be at moderately high risk
•
•
* Investors should consult their �nancial advisers if in doubt about whether the product is suitable for them.
Long term capital appreciation and generation of income;
Investment equity and equity related instruments, arbitrage opportunities and debt and money market instruments
Growth
Dividend
10.7285
10.1990
11.2327
10.6679
Minimum Monthly SIP Amount: Rs 500 and in multiples of Re 1 thereafterMinimum Monthly SIP Installments: 6Minimum Quarterly SIP Amount: Rs 1,500 and in multiples of Re 1 thereafter
Minimum Quarterly SIP installments: 4
(An open ended scheme investingin equity, arbitrage and debt)
FACTSHEETFebruary 2019
C No. 005313
As per the Market Capitalisation data provided by AMFI(In line with the applicable SEBI guidelines)
CORPORATE BONDCoastal Gujarat Power LimitedREC LimitedHousing Development Finance Corporation LimitedTata Housing Development Company LimitedNational Bank For Agriculture and Rural DevelopmentMuthoot Finance LimitedIndian Railway Finance Corporation LimitedPower Finance Corporation LimitedGOVERNMENT BOND7.17% GOI (MD 08/01/2028)7.26% GOI (MD 14/01/2029)6.68% GOI (MD 17/09/2031)Cash & Cash EquivalentsMargin Fixed Deposit TotalHDFC Bank LimitedCash & Net Receivables/(Payables)Grand Total
CARE AA(SO)CRISIL AAACRISIL AAA
ICRA AACRISIL AAA
CRISIL AACRISIL AAACRISIL AAA
SOVSOVSOV
17.583.583.441.811.781.771.771.731.70
8.715.271.791.65
8.792.712.71
6.08100.00
Issuer Rating% of Net Assets
11.76 - Mid Cap
2.83 - Small Cap
85.41 - Large Cap
0.310.440.720.730.951.10
2.373.163.36
4.106.38
7.1116.97
0.00 2.00 4.00 6.00 8.00 10.00 12.00 14.00 16.00 18.00
ChemicalsMetals
Fertilisers & PesticidesIndustrial Manufacturing
TelecomCement & Cement Products
PharmaAutomobile
ConstructionConsumer Goods
ITEnergy
Financial Services
1 Includes additional expenses charged in terms of Regulation 52(6A)(b) and 52(6A)(c) of SEBI (Mutual Funds) Regulations, 1996 and Goods and Service Tax.
( Top Ten Holdings - Issuer wise) as on February 28, 2019PORTFOLIO
AutomobileMaruti Suzuki India LimitedBajaj Auto LimitedWABCO India LimitedSundram Fasteners LimitedExide Industries LimitedMRF LimitedBalkrishna Industries LimitedCement & Cement ProductsHeidelbergCement India LimitedChemicalsTata Chemicals LimitedConstructionLarsen & Toubro LimitedSobha LimitedConsumer GoodsITC LimitedProcter & Gamble Hygiene and Health Care LimitedGlaxoSmithKline Consumer Healthcare LimitedColgate Palmolive (India) LimitedJubilant Foodworks LimitedTrent LimitedWhirlpool of India LimitedAsian Paints LimitedGodrej Industries LimitedEnergyReliance Industries LimitedNTPC LimitedCastrol India LimitedGAIL (India) LimitedBharat Petroleum Corporation LimitedPetronet LNG LimitedMahanagar Gas LimitedFertilisers & PesticidesUPL LimitedFinancial ServicesHDFC Bank LimitedICICI Bank Limited
6.891.961.660.880.840.660.570.32
1.251.25
0.620.62
3.873.270.60
14.563.462.051.871.631.491.201.171.000.69
11.144.201.371.251.241.221.090.77
1.481.48
29.048.274.74
This product is suitable for investors who are seeking*
Riskometer
Total Expense Ratio1
as on February 28, 2019:Load Structure:
Regular Plan: 2.55%Direct Plan: 1.05%
Date of allotment: May 11, 2017
FUND MANAGER AND EXPERIENCEFund Manager: Mr. Srinivasan Ramamurthy
Total Experience: 11 years
Option: Dividend (Dividend Option will have Dividend Reinvestment (D) & Dividend Payout facility) and Growth (D)D-Default
Experience in managing this fund: 6 months (managing since September 10, 2018)
Application Amount: Rs. 1,000 and in multiples of Re. 1/- thereafterAdditional Purchase Amount: Rs. 1,000 and in multiples of Re. 1/- thereafter
Redemption / Switch-outs: Rs. 1,000/- or 100 units or account balance, whichever is lower
Minimum Monthly SIP Amount: Rs 500 and in multiples of Re 1 thereafterMinimum Monthly SIP Installments: 6
INVESTMENT OBJECTIVE
FUND FEATURES
The investment objective of the Scheme is to provide medium to long term capital appreciation through appropriate diversi�cation and taking low risk on business quality. The diversi�ed 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.
NAV/Unit Regular Plan (In Rs.) Direct Plan (In Rs.)
NAV AS ON February 28, 2019:
SCHEME DETAILS
SECTOR ALLOCATION (%) as on February 28, 2019 MARKET CAPITALIZATION (%) as on February 28, 2019
Average AUM for the month ending February 28, 2019 (Rs. in Cr.): 277.59
AUM as on February 28, 2019 (Rs. in Cr.): 277.58
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.
Benchmark: Nifty 200 Index
Issuer % of Net AssetsHousing Development Finance Corporation LimitedAxis Bank LimitedKotak Mahindra Bank LimitedState Bank of IndiaCity Union Bank LimitedBajaj Finance LimitedCholamandalam Investment and Finance Company LimitedHDFC Life Insurance Company LimitedUjjivan Financial Services LimitedIndustrial ManufacturingAIA Engineering LimitedSupreme Industries LimitedCummins India LimitedThermax LimitedKEI Industries LimitedITInfosys LimitedTata Consultancy Services LimitedL&T Technology Services LimitedNIIT Technologies LimitedMedia & EntertainmentPVR LimitedMetalsHindalco Industries LimitedPharmaAurobindo Pharma LimitedAbbott India LimitedCipla LimitedServicesBlue Dart Express LimitedTelecomBharti Airtel LimitedTextilesSRF LimitedPage Industries LimitedCASH & OTHER RECEIVABLESGrand Total
3.522.462.442.431.361.271.130.820.60
5.241.371.121.100.930.72
8.924.781.911.350.88
0.440.44
0.910.91
4.812.161.720.93
0.920.92
1.261.26
1.961.310.65
6.69100
Issuer % of Net Assets
Entry Load: N.A.Exit Load: An Exit Load of 1% is payable if Units are redeemed / switched-out upto 1 year from the date of allotment;- Nil if Units are redeemed / switched-out after 1 year from the date of allotment
Investors understand that their principalwill be at moderately high risk
•
•
* Investors should consult their �nancial advisers if in doubt about whether the product is suitable for them.
Medium to Long term capital appreciation
Investment predominantly in equity and equity related securities including derivatives
Growth
Dividend
10.0749
10.0743
10.5211
10.4846
(Multi Cap Fund- An open ended equity schemeinvesting across large cap, mid cap, small cap stocks)
Minimum Quarterly SIP Amount: Rs 1,500 and in multiples of Re 1 thereafter
Minimum Quarterly SIP installments: 4
FACTSHEETFebruary 2019
C No. 005314
Portfolio Turnover Ratio: 1.05
PORTFOLIO STATS
As per the Market Capitalisation data provided by AMFI(In line with the applicable SEBI guidelines)
21.98 - Mid Cap
6.62 - Small Cap
71.40 - Large Cap
0.440.620.910.921.251.261.481.96
3.874.815.24
6.696.89
8.9211.14
14.5629.04
0 5 10 15 20 25 30 35
Media & EntertainmentChemicals
MetalsServices
Cement & Cement ProductsTelecom
Fertilisers & PesticidesTextiles
ConstructionPharma
Industrial ManufacturingCash & Cash Equivalents
AutomobileIT
EnergyConsumer Goods
Financial Services
The logo used in this image is �ctitious and not intended to resemble with any existing logos. Any resemblance to real oractual logos, if found, shall be completely unintentional and purely coincidental.
Selection of focused sustainablebusinesses from across sectors
Active management of portfoliowith primary investments in mid-caps
Potential to generate higher riskadjusted returns in the long term
For investment strategy and product labeling, refer page no. 5
SECTOR ALLOCATION (%) as on February 28, 2019 MARKET CAPITALISATION (%) as on February 28, 2019
NAV/Unit Regular Plan (In Rs.) Direct Plan (In Rs.)
NAV AS ON February 28, 2019:
Growth
Dividend
8.9988
8.9984
9.2058
9.2115
( Top Ten Holdings - Issuer wise) as on February 28, 2019PORTFOLIO
AutomobileBosch LimitedWABCO India LimitedEndurance Technologies LimitedBajaj Auto LimitedExide Industries LimitedMRF LimitedSundram Fasteners LimitedCement & Cement ProductsThe Ramco Cements LimitedACC LimitedChemicalsTata Chemicals LimitedConstructionGodrej Properties LimitedVoltas LimitedCera Sanitaryware LimitedConsumer GoodsJubilant Foodworks LimitedGillette India LimitedGlaxoSmithKline Consumer Healthcare LimitedProcter & Gamble Hygiene and Health Care LimitedWhirlpool of India LimitedTata Global Beverages LimitedGodrej Industries LimitedColgate Palmolive (India) LimitedAditya Birla Fashion and Retail LimitedBerger Paints (I) LimitedRelaxo Footwears LimitedTrent LimitedAkzo Nobel India LimitedFertilisers & PesticidesBayer Cropscience LimitedCoromandel International Limited
11.832.051.991.971.921.451.251.20
3.711.991.72
1.711.71
4.181.951.250.98
20.682.792.152.042.011.971.711.641.451.241.221.080.870.51
3.471.911.56
This product is suitable for investors who are seeking*
Riskometer
Total Expense Ratio1
as on February 28, 2019:
Load Structure:
Regular Plan: 2.47%Direct Plan: 0.97%
Date of allotment: January 30, 2018
FUND MANAGER AND EXPERIENCEFund Manager (Equity): Mr V Balasubramanian
Total Experience: 38 years
Option: Dividend (Dividend Option will have Dividend Reinvestment (D) & Dividend Payout facility) and Growth (D)D-Default
Experience in managing this fund: 7 months (managing since 1 August, 2018)
Application Amount: Rs. 1,000/- and in multiples of Re. 1/- thereafter
Additional Purchase Amount: Rs. 1,000/- and in multiples of Re. 1/- thereafter
Repurchase Amount: Rs. 1,000/- or 100 units or account balance, whichever is lower
INVESTMENT OBJECTIVE
FUND FEATURES
The investment objective of the Scheme is to seek to generate long term capital appreciation & provide long-term growth opportunities by investing in a portfolio constituted of equity & equity related securities and derivatives predominantly in mid cap companies. However, there can be no assurance that the investment objective of the Scheme will be achieved.
SCHEME DETAILS
AUM as on February 28, 2019 (Rs. in Cr.): 454.27
Selection of focused sustainable businesses from across sectors
Potential to generate higher risk adjusted returns in the long term
Active management of portfolio with primary investments in mid-caps
Benchmark: S&P BSE Midcap Index
Issuer % of Net AssetsFinancial ServicesBajaj Finance LimitedSundaram Finance LimitedCholamandalam Investment and Finance Company LimitedKotak Mahindra Bank LimitedCRISIL LimitedGruh Finance LimitedIndustrial ManufacturingGrindwell Norton LimitedHoneywell Automation India LimitedSchae�er India LimitedSupreme Industries LimitedABB India LimitedCummins India LimitedThermax LimitedAIA Engineering LimitedITMphasiS LimitedPharmaDivi's Laboratories LimitedGlenmark Pharmaceuticals LimitedSano� India LimitedAbbott India LimitedAlembic Pharmaceuticals LimitedServices3M India LimitedThe Indian Hotels Company LimitedBlue Dart Express LimitedThomas Cook (India) LimitedTelecomSterlite Technologies LimitedCASH & OTHER RECEIVABLESGrand Total
10.852.922.701.931.121.091.09
17.362.392.382.382.352.162.001.921.78
2.202.20
6.712.181.641.510.900.48
6.082.251.531.370.93
1.601.60
9.62100
Issuer % of Net Assets
Entry Load: N.A.
Exit Load: - An Exit Load of 1% is payable if Units are redeemed / switched-out upto 1 year from the date of allotment;
Nil if Units are redeemed / switched-out after 1 year from the date of allotment.
1 Includes additional expenses charged in terms of Regulation 52(6A)(b) and 52(6A)(c) of SEBI (Mutual Funds) Regulations, 1996 and Goods and Service Tax.
Investors understand that their principalwill be at moderately high risk
•
•
* Investors should consult their �nancial advisers if in doubt about whether the product is suitable for them.
Long term capital appreciation;
Investment predominantly in equity and equity related securities including derivatives of mid cap companies.
(Mid Cap Fund – An open ended equity schemepredominantly investing in mid cap stocks)
Minimum Monthly SIP Amount: Rs 500 and in multiples of Re 1 thereafter
Minimum Monthly SIP Installments: 6
Minimum Quarterly SIP Amount: Rs 1,500 and in multiples of Re 1 thereafter
Minimum Quarterly SIP installments: 4
FACTSHEETFebruary 2019
C No. 005315
Average AUM for the month ending February 28, 2019 (Rs. in Cr.): 446.02
Portfolio Turnover Ratio: 0.62
PORTFOLIO STATS
As per the Market Capitalisation data provided by AMFI(In line with the applicable SEBI guidelines)
74.10-Mid Cap
20.09-Large Cap
5.81-Small Cap
1.601.71
2.23.473.71
4.186.08
6.719.62
10.8511.83
17.3620.68
0 5 10 15 20 25
TelecomChemicals
ITFertilisers & Pesticides
Cement & Cement ProductsConstruction
ServicesPharma
Cash & Cash EquivalentsFinancial Services
AutomobileIndustrial Manufacturing
Consumer Goods
GrowingRural
Population andDemand
Definitivesteps taken bygovernment for
agriculturalreforms
Increase inNon-Farm
income
Rise inDisposable
Income
Rise inConsumption+ + = =
For investment strategy and product labeling, refer page no. 6
15.50-Farm
44.42-Consumption
14.19-Financial Services
7.85-Rural Infrastructure
18.04-Auxiliary Rural andConsumption sectors
( Top Ten Holdings - Issuer wise) as on February 28, 2019PORTFOLIO
AutomobileBajaj Auto LimitedWABCO India LimitedMahindra & Mahindra LimitedHero MotoCorp LimitedTVS Motor Company LimitedMRF LimitedV.S.T Tillers Tractors LimitedCement & Cement ProductsShree Cement LimitedChemicalsPidilite Industries LimitedTata Chemicals LimitedConstructionLarsen & Toubro LimitedBOROSIL GLASS WORKS LIMITEDConsumer GoodsBata India LimitedVST Industries LimitedBritannia Industries LimitedJohnson Controls – Hitachi Air Conditioning India LimitedUnited Breweries LimitedWhirlpool of India LimitedITC LimitedTTK Prestige LimitedGlaxoSmithKline Consumer Healthcare LimitedFertilisers & PesticidesBayer Cropscience LimitedFinancial ServicesMahindra & Mahindra Financial Services LimitedState Bank of IndiaCholamandalam Investment and Finance Company LimitedGruh Finance LimitedIndustrial ManufacturingABB India LimitedLakshmi Machine Works LimitedSKF India LimitedSwaraj Engines LimitedCASH & OTHER RECEIVABLESGrand Total
20.363.643.503.042.892.842.681.77
3.263.26
6.593.622.97
3.783.450.33
24.674.053.533.363.203.162.231.731.711.70
3.073.07
12.143.733.382.702.33
11.663.273.002.982.41
14.47100
This product is suitable for investors who are seeking*
Total Expense Ratio1
as on February 28, 2019:
Load Structure:
Regular Plan: 2.97%Direct Plan: 0.92%
Date of allotment: November 13, 2018
FUND MANAGER AND EXPERIENCEFund Manager: Mr V Balasubramanian
Total Experience: 38 years
Option: Growth and Dividend (Dividend Reinvestment, Dividend Payout)
Experience in managing this fund: 4 months (managing since November 13, 2018)
Application Amount: Rs. 1,000 and in multiples of Re. 1/- thereafterAdditional Purchase Amount: Rs. 1,000 and in multiples of Re. 1/- thereafter
INVESTMENT OBJECTIVE
FUND FEATURES
The investment objective of the Scheme is to provide long-term capital appreciation by investing predominantly in equity and equity related instruments of entities engaged in and/ or expected to bene�t from the growth in rural India. However, there can be no assurance that the investment objective of the Scheme will be achieved.
NAV/Unit Regular Plan (In Rs.) Direct Plan (In Rs.)
NAV AS ON February 28, 2019:
Minimum Monthly SIP Amount: Rs 500 and in multiples of Re 1 thereafter
Minimum Quarterly SIP Amount: Rs 1,500 and in multiples of Re 1 thereafter
Minimum Monthly SIP installments: 6
Minimum Quarterly SIP installments: 4
Minimum Amount for Switch in: Rs. 1,000/- and in multiples of Re. 0.01/- thereafter.
Minimum Amount for Redemption / Switch-outs: Rs. 1,000/- or 100 units or account balance, whichever is lower in respect of each Option.
SCHEME DETAILS
SECTOR ALLOCATION (%) as on February 28, 2019
Average AUM for the month ending February 28, 2019 (Rs. in Cr.): 63.24
AUM as on February 28, 2019(Rs. in Cr.): 63.72
Invests in segments with strongest contribution potential to India’s growing GDP
Focuses on segments largely insulated from global volatility
Captures under-penetration opportunities in rural India
Benchmark: Nifty 200 Index
Issuer % of Net Assets
Entry Load: N.A.Exit Load:
1Includes additional expenses charged in terms of Regulation 52(6A)(b) of SEBI (Mutual Funds) Regulations, 1996 and Goods and Service Tax.
•
•
* Investors should consult their �nancial advisers if in doubt about whether the product is suitable for them.
Long term capital appreciation;
Investment predominantly in equity and equity related securities including derivatives of entities engaged in and/ or expected to bene�t from the growth in rural India.
Growth
Dividend
9.6610
9.6610
9.7200
9.7203
(An open ended equity schemefollowing Rural India theme)
C No. 005316
FACTSHEETFebruary 2019
Investors understand that their principalwill be at high risk
Riskometer
• An Exit Load of 1% is payable if Units are redeemed / switched-out upto 1 year from the date of allotment; • Nil if Units are redeemed / switched-out after 1 year from the date of allotment
*Investible sector as per SID
THEME BASED SECTOR ALLOCATION* (%) as on February 28, 2019
3.07
3.26
3.78
6.59
11.66
12.14
14.47
20.36
24.67
0 5 10 15 20 25 30
Fertilisers & Pesticides
Cement & Cement Products
Construction
Chemicals
Industrial Manufacturing
Financial Services
Cash & Cash Equivalents
Automobile
Consumer Goods
( Top Ten Holdings - Issuer wise) as on February 28, 2019PORTFOLIO
CERTIFICATE OF DEPOSIT
ICICI Bank Limited
HDFC Bank Limited
Small Industries Dev Bank of India
RBL Bank Limited
Ujjivan Small Finance Bank Limited
Axis Bank Limited
IndusInd Bank Limited
COMMERCIAL PAPER
Reliance Industries Limited
National Bank For Agriculture and Rural Development
Reliance Jio Infocomm Limited
Motilal Oswal Financial Services Limited
PNB Housing Finance Limited
Dalmia Cement (Bharat) Limited
Chambal Fertilizers & Chemicals Limited
T V Sundram Iyengar & Sons Pvt Ltd
JSW Steel Limited
TATA Realty & Infrastructure Limited
Tata Value Homes Limited
Blue Star Limited
Muthoot HomeFin India Limited
IIFL Facilities Services Limited
CARE A1+
FITCH A1+
CARE A1+
ICRA A1+
CRISIL A1+
ICRA A1+
CRISIL A1+
CRISIL A1+
ICRA A1+
CARE A1+
CRISIL A1+
CRISIL A1+
ICRA A1+
CRISIL A1+
ICRA A1+
ICRA A1+
CRISIL A1+
CARE A1+
CARE A1+
/CRISIL A1+
ICRA A1+
/CARE A1+
ICRA A1+
This product is suitable for investors who are seeking*
Riskometer
Total Expense Ratio2
as on February 28, 2019:
Load Structure:
Regular Plan: 0.23%Direct Plan: 0.12%
Date of allotment: July 4, 2016
FUND MANAGER AND EXPERIENCE
Fund Manager: Mr. Rahul Pal
Total Experience: 17 years
Average Maturity: 20.65 Days
Modi�ed Duration: 0.06
Yield to Maturity1: 7.21%
Option: Dividend (Daily and Weekly - Reinvestment) and Growth
Experience in managing this fund: 2 years, 8 months (managing since July 04, 2016)
PORTFOLIO STATS
Application Amount: Rs. 1,000/- and in multiples of Re. 1/- thereafter
Additional Purchase Amount: Rs. 1,000/- and in multiples of Re. 1/- thereafter
Repurchase / Redemption Amount: Rs. 1,000/- or 1unit or account balance, whichever is lower
INVESTMENT OBJECTIVE
FUND FEATURES
The Scheme seeks to deliver reasonable market related returns with lower risk and higher liquidity through a portfolio 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.
NAV/Unit Regular Plan (In Rs.) Direct Plan (In Rs.)
NAV AS ON February 28, 2019:
SCHEME DETAILS
Average AUM for the month ending February 28, 2019 (Rs. in Cr.): 2,852.69
AUM as on February 28, 2019 (Rs. in Cr.): 3,009.91
Low volatility: Relatively safer during times of high market volatility as liquid funds usually invest in Commercial Papers, Certi�cate of Deposits, CBLO/ Repos and in short term debt instruments with maturity pro�le of not more than 91 days.
Easy liquidity: Investors can invest in liquid funds even for a day.
Cash Management Tool for treasuries of any size: Optimal utilization of idle cash for cash management purposes.
Benchmark: CRISIL Liquid Fund Index
Issuer Rating
15.74
4.14
3.32
2.66
2.48
1.64
1.00
0.50
70.12
4.15
4.13
3.32
3.32
3.31
3.31
3.31
3.30
2.49
2.48
2.48
2.48
2.31
2.14
% of Net Assets
CRISIL A1+
CRISIL A1+
CRISIL A1+
CRISIL A1+
CRISIL A1+
CARE A1+
ICRA A1+
ICRA A1+
CRISIL A1+
CRISIL A1+
CRISIL A1+
CARE A1+
CARE A1+
CARE A1+
CARE A1+
CRISIL A1+
CRISIL A1+
CRISIL A1+
CRISIL A1+
CRISIL A1+
SOV
Rating
1.98
1.91
1.80
1.80
1.66
1.66
1.66
1.66
1.65
1.65
1.65
1.65
1.64
1.24
1.16
0.83
0.83
0.82
0.17
0.17
0.17
0.17
13.97
100.00
% of Net Assets
Berger Paints (I) Limited
Magma Housing Finance
NTPC Limited
Manappuram Finance Limited
TVS SRICHAKRA LIMITED
Future Lifestyle Fashions Limited
JM Financial Properties and Holdings Limited
JM Financial Capital Limited
PTC India Limited
Piramal Enterprises Limited
Muthoot Finance Limited
Future Retail Limited
Magma Fincorp Limited
JMC Projects (India) Limited
Navneet Education Limited
JM Financial Products Limited
Fedbank Financial Services Limited
Godrej Properties Limited
Vedanta Limited
Edelweiss Commodities Services Limited
TREASURY BILL
41 Days CMB (MD 18/03/2019)
CASH & OTHER RECEIVABLES
Grand Total
Issuer
Entry Load: N.A.Exit Load: Nil
1Yield to maturity should not be construed as minimum return o�ered by the Scheme2Includes additional expenses charged in terms of Regulation 52(6A)(b) and 52(6A)(c) of SEBI (Mutual Funds) Regulations, 1996 and Goods and Service Tax.
Investors understand that their principalwill be at low risk
•
•
* Investors should consult their �nancial advisers if in doubt about whether the product is suitable for them.
Regular income over short term
Investment in money market and debt instruments
Growth
Daily Dividend
Weekly Dividend
1,198.8492
1,000.3285
1,010.7349
1,203.2550
1,000.3285
1,004.3294
*Cash & Cash Equivalents includes Fixed Deposits, Cash & Current Assets and CBLO
FACTSHEETFebruary 2019
C No. 005317
RATING PROFILE as on February 28, 2019
13.97- Cash & Cash Equivalents*
85.86 - AAA/A1+
0.17 - Sovereign
ASSET ALLOCATION (%) as on February 28, 2019
13.97 - Cash & Cash Equivalents*
70.12 - Commercial Paper
0.17 - Sovereign
15.74 - Certi�cate Of Deposit
1Yield to maturity should not be construed as minimum return o�ered by the Scheme.2 Includes additional expenses charged in terms of Regulation 52(6A)(b) and 52(6A)(c) of SEBI (Mutual Funds) Regulations, 1996 and Goods and Service Tax.
( Top Ten Holdings - Issuer wise) as on February 28, 2019PORTFOLIO
CERTIFICATE OF DEPOSIT
AU Small Finance Bank Limited
COMMERCIAL PAPER
Magma Housing Finance
Edelweiss Commodities Services Limited
L & T Housing Finance
JMC Projects (India) Limited
Tata Projects Limited
Muthoot HomeFin India Limited
Piramal Enterprises Limited
Future Retail Limited
Manappuram Finance Limited
JM Financial Services Limited
IIFL Facilities Services Limited
JM Financial Products Limited
CORPORATE BOND
National Bank For Agriculture and Rural Development
CRISIL A1+
CRISIL A1+
CRISIL A1+
ICRA A1+
CARE A1+
CRISIL A1+
CARE A1+
CRISIL A1+
CARE A1+
CRISIL A1+
ICRA A1+
ICRA A1+
CRISIL A1+
CRISIL AAA
This product is suitable for investors who are seeking*
Riskometer
Total Expense Ratio2
as on February 28, 2019:
Load Structure:
Regular Plan: 1.13%Direct Plan: 0.33%
Date of allotment: February 15, 2017
FUND MANAGER AND EXPERIENCEFund Manager: Mr. Rahul PalTotal Experience: 17 years
Average Maturity: 261.79 Days
Modi�ed Duration: 0.6
Macualay Duration: 8.16 monthsYield to Maturity1: 8.62%
Option: Dividend Reinvestment (Daily, weekly, Monthly), Dividend Payout (Monthly) and Growth
Experience in managing this fund: 2 years, 1 month (managing since February 15, 2017)
PORTFOLIO STATS
Application Amount: Rs. 1,000/- and in multiples of Re. 1/- thereafterAdditional Purchase Amount: Rs. 1,000/- and in multiples of Re. 1/- thereafter
Redemption / Switch-outs Amount: Rs.1,000/- or 1unit or account balance, whichever is lower
INVESTMENT OBJECTIVE
FUND FEATURES
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
NAV/Unit Regular Plan (In Rs.) Direct Plan (In Rs.)
NAV AS ON February 28, 2019:
SCHEME DETAILS
ASSET ALLOCATION (%) as on February 28, 2019 RATING PROFILE as on February 28, 2019
37.19 - Commercial Paper
51.29 - Corporate Bond
7.97- Cash & Cash Equivalents*
3.55 - Certi�cate Of Deposit
20.80 - AA
71.23 - AAA/A1+
7.97 - Cash & Cash Equivalents*
Average AUM for the month ending February 28, 2019 (Rs. in Cr.): 247.55
AUM as on February 28, 2019 (Rs. in Cr.): 262.40
Positioned between liquid funds and short-term funds with respect to the risk-return matrix.Potentially better returns than that of liquid funds through strategic shifts in the maturity pro�le.Lower volatility through relatively lower duration than short term funds.Higher �exibility in asset allocation vis-à-vis liquid funds.
Benchmark: CRISIL Low Duration Debt Index
Issuer Rating
3.55
3.55
37.19
6.35
5.70
5.32
4.74
1.90
1.90
1.90
1.89
1.88
1.88
1.88
1.85
51.29
7.69
% of Net Assets
ICRA AA
CRISIL AA
ICRA AAA
CRISIL AAA
CRISIL AAA
ICRA AA
CRISIL AAA
CRISIL AA
ICRA AA
CRISIL AAA
CRISIL AAA
CRISIL AA
CARE AAA
CRISIL AAA
Rating
5.63
5.61
3.81
3.81
3.81
3.79
3.79
1.94
1.93
1.91
1.90
1.90
1.89
1.88
7.97
100.00
% of Net Assets
Tata Housing Development Company Limited
Muthoot Finance Limited
L&T Finance Limited
Housing Development Finance Corporation Limited
Reliance Jio Infocomm Limited
Piramal Enterprises Limited
REC Limited
IIFL Home Finance Limited
Dalmia Cement (Bharat) Limited
Power Grid Corporation of India Limited
Power Finance Corporation Limited
Nuvoco Vistas Corporation Limited
Small Industries Dev Bank of India
LIC Housing Finance Limited
CASH & OTHER RECEIVABLES
Grand Total
Issuer
Entry Load: N.A.Exit Load: Nil
Investors understand that their principalwill be at moderately low risk
•
•
*Investors should consult their �nancial advisers if in doubt about whether the product is suitable for them.
Regular income over short term
Investment in debt and money market instruments
Growth
Daily Dividend
Weekly Dividend
Monthly Dividend
1135.5212
1,004.3225
1,053.0544
1,112.9812
1157.9252
1,053.4311
1,030.7918
1,132.4581
*Cash & Cash Equivalents includes Fixed Deposits, Cash & Current Assets and CBLO
Minimum Monthly SIP Amount: Rs 500 and in multiples of Re 1 thereafter
Minimum Monthly SIP Installments: 6
Minimum Quarterly SIP Amount: Rs 1,500 and in multiples of Re 1 thereafter
Minimum Quarterly SIP installments: 4
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 page 29 of SID)
FACTSHEETFebruary 2019
C No. 005318
Average Maturity: 2.33 years
Modi�ed Duration: 1.9
Yield to Maturity1: 10.01%
PORTFOLIO STATS
( Top Ten Holdings - Issuer wise) as on February 28, 2019PORTFOLIO
COMMERCIAL PAPERFuture Retail LimitedIIFL Facilities Services LimitedCORPORATE BONDEdelweiss Commodities Services LimitedJM Financial Asset Reconstruction Company LimitedIIFL Home Finance LimitedDalmia Cement (Bharat) LimitedNayara Energry LimitedCoastal Gujarat Power LimitedTata Housing Development Company LimitedSikka Ports and Terminals LimitedReliance Jio Infocomm LimitedAsirvad Micro�nance LtdU.P. Power Corporation LimitedMuthoot Finance LimitedYes Bank LimitedCASH & OTHER RECEIVABLESGrand Total
7.613.823.79
85.977.857.827.827.777.667.627.587.467.365.773.843.803.62
6.42100.00
This product is suitable for investors who are seeking*
Riskometer
Total Expense Ratio2
as on February 28, 2019:Load Structure:
Regular Plan: 1.89%Direct Plan: 0.89%
Date of allotment: August 20, 2018
FUND MANAGER AND EXPERIENCEFund Manager: Mr Rahul PalTotal Experience: 17 years
Minimum Application / Additional Purchase Amount: Rs. 1,000 and in multiples of Re. 1/- thereafter.
Experience in managing this fund: 6 months (managing since August 20, 2018)
Minimum Amount for Switch in: Rs. 1,000/- and in multiples of Re. 0.01/- thereafter.
Minimum Amount for Redemption / Switch-outs: Rs. 1,000/- or 100 units or account balance, whichever is lower in respect of each Option.
Available Plans: Direct (D) , Regular
INVESTMENT OBJECTIVE
FUND FEATURES
The investment objective of the Scheme is to generate regular returns and capital appreciation by investing predominantly in AA and below rated corporate bonds, debt, government securities and money market instruments while maintaining the optimum balance of yield, safety and liquidity. 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.
NAV/Unit Regular Plan (In Rs.) Direct Plan (In Rs.)
NAV AS ON February 28, 2019:
Growth
Dividend
Quarterly Dividend
10.2794
10.2795
10.2793
10.3414
10.3412
10.3415
Available Options under each plan: Growth (D), Dividend
Available Facilities under Dividend Option: Dividend Reinvestment (D), Dividend Payout
Available Sub-Options under Dividend Option: Discretionary (D), Quarterly
SCHEME DETAILS
ASSET ALLOCATION (%) as on February 28, 2019
Average AUM for the month ending February 28, 2019 (Rs. in Cr.): 129.36
AUM as on February 28, 2019 (Rs. in Cr.): 130.08
Optimum balance of safety, liquidity and yield Diversi�cation of portfolio for investors with moderate risk appetiteAlternative to traditional investment options and has potential to deliver better risk adjusted returnsIndexation bene�ts for Long Term Capital Gains Taxes#
Benchmark: NIFTY Credit Risk Bond Index
Issuer % of Net Assets
CARE A1+ICRA A1+
ICRA AAICRA AA-
CRISIL AAICRA AACARE AA
CARE AA(SO)ICRA AA
CRISIL AAACRISIL AAACRISIL A+
CRISIL A+(SO)CRISIL AAICRA AA-
Rating
Entry Load: N.A.Exit Load: 10% of the units allotted shall be redeemed without any exit load, on or before completion of 12 months 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 12 months from the date of allotment of Units;• Nil - If Units are redeemed / switched-out after completion of 12 months from the date of allotment of Units.Redemption /Switch-Out of Units would be done on First in First out Basis (FIFO)
Investors understand that their principalwill be at moderate risk
•
•
* Investors should consult their �nancial advisers if in doubt about whether the product is suitable for them.
To generate regular returns and capital appreciation over medium term
Investment predominantly in AA and below rated corporate bonds, debt, government securities and money market instruments while maintaining the optimum balance of yield, safety and liquidity
#If the units are held for more than 36 months. Investors are advised to consult their �nancial/tax advisors before investing.
(An open ended debt scheme predominantly investing in AA and below rated corporate bonds
(excluding AA+ rated corporate bonds))
C No. 005319
FACTSHEETFebruary 2019
RATING PROFILE as on February 28, 2019
22.43 - AAA/A1+
61.54 - AA
9.61 - A
6.42 - Cash & Cash Equivalents*
85.97 - Corporate Bond
7.61 - Commercial Paper
6.42 - Cash & Cash Equivalents*
1Yield to maturity should not be construed as minimum return o�ered by the Scheme.2 Includes additional expenses charged in terms of Regulation 52(6A)(b) and 52(6A)(c) of SEBI (Mutual Funds) Regulations, 1996 and Goods and Service Tax.
*Cash & Cash Equivalents includes Fixed Deposits, Cash & Current Assets and CBLO
D- Default
Performance as on February 28, 2019
^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. Di�erent Plans i.e Regular Plan and Direct Plan under the scheme has di�erent expense structure. The performance data for 3 years & 5 years period has not been provided, since scheme is in existence for less than 3 years. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Performance details of other scheme(s) managed by Mr. Rahul Pal (Mahindra Credit Risk Yojana) has not been provided as the scheme has not completed 1 year.
Mahindra Low Duration Bachat Yojana - Reg - Growth
Mahindra Low Duration Bachat Yojana - Dir - Growth
Crisil Low Duration Debt Index^
Crisil 1 Yr T-Bill Index^^
11,355
11,579
11,544
11,385
1,135.52
1,157.93
5,373.96
5,387.56
10,690
10,791
10,823
10,748
6.44
7.47
7.31
6.58
6.90
7.91
8.23
7.48
1 Year Since Inception 1 Year (`) Since Inception (`)
NAV / Index Value(as on February 28,
2019)Scheme Name
CAGR Returns (%) Value of Investment of ₹ 10,000*
Mahindra Low Duration Bachat Yojana - Managed by Rahul Pal
10.90
11.50
6,992.39
14,979.39
10,902
11,505
12,442
12,815
9,175
9,370
10,030
10,432
3.72
6.11
9.68
11.06
-8.25
-6.30
0.30
4.32
^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 18-Oct-16.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 and Direct Plan. Di�erent Plans i.e Regular Plan and Direct Plan under the scheme has di�erent expense structure. The performance data for 3 years & 5 years period has not been provided, since scheme is in existence for less than 3 years. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Mr. V. Balasubramanian is managing the Scheme since August 1, 2018. Performance Details of other schemes managed by Mr V. Balasubramanian (Mahindra Rural Bharat and Consumption Yojana) have not been provided as the schemes have not completed 1 year.
1 Year Since Inception 1 Year (`) Since Inception (`)
NAV / Index Value(as on February 28,
2019)Scheme Name
CAGR Returns (%) Value of Investment of ₹ 10,000*
Mahindra Mutual Fund Kar Bachat Yojana - Reg - GrowthMahindra Mutual Fund Kar Bachat Yojana - Dir - GrowthNifty 200 Index^
Nifty 50 Index ^^
Mahindra Mutual Fund Kar Bachat Yojana - Managed by V. Balasubramanian
Mahindra Liquid Fund - Reg - GrowthMahindra Liquid Fund - Dir - GrowthCrisil Liquid Fund Index^
Crisil 1 Yr T-Bill Index^^
11,988
12,033
12,000
11,876
1,198.85
1,203.26
3,068.04
5,387.56
10,751
10,764
10,768
10,748
7.07
7.22
7.11
6.69
7.51
7.64
7.68
7.48
7.13
7.24
6.99
9.03
6.99
7.10
6.59
5.05
7.01
7.12
6.88
2.96
7 Days 15 Days 30 Days 1 Year Since Inception 1 Year (`) Since Inception (`)
NAV / Index Value(as on February 28,
2019)
^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 04-Jul-16.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. Di�erent Plans i.e Regular Plan and Direct Plan under the scheme has di�erent expense structure. The performance data for 3 years & 5 years period has not been provided, since scheme is in existence for less than 3 years.*Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Performance details of other scheme(s) managed by Mr. Rahul Pal (Mahindra Credit Risk Yojana) has not been provided as the scheme has not completed 1 year.
Scheme NameSimple Annualised Returns (%) CAGR Returns (%) Value of Investment of ₹ 10,000*
Mahindra Liquid Fund - Managed by Rahul Pal
C No. 0053110
10.73
11.23
9,631.86
14,979.39
10,729
11,232
12,484
12,739
9,766
9,975
10,474
10,432
3.45
5.76
11.29
12.38
-2.34
-0.25
4.74
4.32
^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 and Direct Plan. Di�erent Plans i.e Regular Plan and Direct Plan under the scheme has di�erent expense structure. The performance data for 3 years & 5 years period has not been provided, since scheme is in existence for less than 3 years. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Mr. Srinivasan Ramamurthy is managing the equity portion of the Scheme since August 1, 2018. Performance details of other scheme(s) managed by Mr. Rahul Pal (Mahindra Credit Risk Yojana) has not been provided as the scheme has not completed 1 year.
1 Year Since Inception 1 Year (`) Since Inception (`)
NAV / Index Value(as on February 28,
2019)Scheme Name
CAGR Returns (%) Value of Investment of ₹ 10,000*
9.00
9.21
16,963.15
14,979.39
8,999
9,206
8,226
9,923
9,271
9,473
8,725
10,432
-9.31
-7.38
-16.55
-0.71
-7.29
-5.27
-12.75
4.32
1 Year Since Inception 1 Year (`) Since Inception (`)
NAV / Index Value(as on February 28,
2019)
CAGR Returns (%) Value of Investment of ₹ 10,000*
Mahindra Dhan Sanchay Equity Savings Yojana - Managed by Srinivasan Ramamurthy (Equity) and Rahul Pal (Debt)
Mahindra Dhan Sanchay Equity SavingsYojana - Reg - Growth
Mahindra Dhan Sanchay Equity SavingsYojana - Dir - Growth
55% Nifty 50 Index+ 30% Crisil Composite BondFund Index+15% Crisil Liquid Fund Index^
Nifty 50 Index ^^
10.0710.52
6,992.3914,979.39
10,07410,52111,23811,754
9,3289,536
10,03010,432
0.412.866.699.38
-6.72-4.640.304.32
"^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 and Direct Plan. Di�erent Plans i.e Regular Plan and Direct Plan under the scheme has di�erent expense structure. The performance data for 3 years & 5 years period has not been provided, since scheme is in existence for less than 3 years.*Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Mr Srinivasan Ramamurthy is managing the Scheme since September 10, 2018.
1 Year Since Inception 1 Year (`) Since Inception (`)
NAV / Index Value(as on February 28,
2019)Scheme Name
CAGR Returns (%) Value of Investment of ₹ 10,000*
Mahindra Mutual Fund Badhat Yojana - Managed by Srinivasan Ramamurthy
Mahindra Mutual Fund Badhat Yojana - Reg - GrowthMahindra Mutual Fund Badhat Yojana - Dir - GrowthNifty 200 Index^
Nifty 50 Index^^
"^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 30-Jan-18.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 and Direct Plan. Di�erent Plans i.e Regular Plan and Direct Plan under the scheme has di�erent expense structure. The performance data for 3 years & 5 years period has not been provided, since scheme is in existence for less than 3 years. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Mr. V. Balasubramanian is managing the Scheme since August 1, 2018. Performance Details of other schemes managed by Mr V. Balasubramanian (Mahindra Rural Bharat and Consumption Yojana) have not been provided as the schemes have not completed 1 year.
Scheme Name
Mahindra Unnati Emerging Business Yojana - Managed by V. Balasubramanian
Mahindra Unnati Emerging Business Yojana - Reg - GrowthMahindra Unnati Emerging Business Yojana - Dir - GrowthS&P BSE Mid Cap Index^
Nifty 50 Index^^
Performance as on February 28, 2019
C No. 0053111
SIP Performance - If you had invested Rs. 10,000 every month
SIP Investment Period Total AmountInvested (₹) Market Value (₹) CAGR Returns (%) Market Value (₹) CAGR Returns (%) Market Value (₹) CAGR Returns (%)
Regular Plan Nifty 200 Index^ Nifty 50 Index^^
SIP Investment Period Total AmountInvested (₹) Market Value (₹) CAGR Returns (%) Market Value (₹) CAGR Returns (%) Market Value (₹) CAGR Returns (%)
Direct Plan Nifty 200 Index^ Nifty 50 Index^^
Mahindra Mutual Fund Kar Bachat Yojana
^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 18-Oct-16.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 �ow by using the XIRR method (investment internal rate of return).
1 Year
Since Inception
1,20,000
2,80,000
1,14,290
2,69,217
-8.78%
-3.24%
1,18,236
2,98,553
-2.74%
5.43%
1,20,719
3,07,558
1.12%
8.01%
1 Year
Since Inception
1,20,000
2,80,000
1,15,502
2,76,488
-6.94%
-1.05%
1,18,236
2,98,553
-2.74%
5.43%
1,20,719
3,07,558
1.12%
8.01%
1 Year
^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 �ow by using the XIRR method (investment internal rate of return).
SIP Investment Period Total AmountInvested (₹) Market Value (₹) CAGR Returns (%) Market Value (₹) CAGR Returns (%) Market Value (₹) CAGR Returns (%)
Total AmountInvested (₹) Market Value (₹) CAGR Returns (%) Market Value (₹) CAGR Returns (%) Market Value (₹) CAGR Returns (%)
Regular Plan Nifty 50 Index^^
Mahindra Dhan Sanchay Equity Savings Yojana
SIP Investment Period
Since Inception
Since Inception
55% Nifty 50 Index + 30% Crisil Composite Bond Fund Index+15% Crisil Liquid Fund Index^
Direct Plan Nifty 50 Index^^55% Nifty 50 Index+ 30% Crisil Composite Bond Fund Index+15% Crisil Liquid Fund Index^
1,20,000
2,40,000
1,18,823
2,38,363
-1.83%
-0.66%
1,21,300
2,54,826
2.03%
5.91%
1,20,719
2,54,807
1.12%
5.90%
1,20,000
2,40,000
1,20,102
2,43,735
0.16%
1.50%
1,21,300
2,54,826
2.03%
5.91%
1,20,719
2,54,807
1.12%
5.90%
Note: Pursuant to SEBI Circular no. SEBI/HO/IMD/DF3/CIR/P/2018/04 dated Jan 4, 2018, the performance of the schemes has been benchmarked to Total Return Index variant (wherever available) of their respective benchmark indices.
SIP Investment Period Total AmountInvested (₹) Market Value (₹) CAGR Returns (%) Market Value (₹) CAGR Returns (%) Market Value (₹) CAGR Returns (%)
Total AmountInvested (₹) Market Value (₹) CAGR Returns (%) Market Value (₹) CAGR Returns (%) Market Value (₹) CAGR Returns (%)
Regular Plan Nifty 50 Index^^
Mahindra Unnati Emerging Business Yojana
SIP Investment Period
1 Year
Since Inception
Since Inception
1 Year
S&P BSE Midcap Index^
Direct Plan Nifty 50 Index^^S&P BSE Midcap Index^
1,20,000
1,30,000
1,13,975
1,23,606
-9.26%
-8.46%
1,10,259
1,19,146
-14.82%
-14.24%
1,20,719
1,31,163
1.12%
1.56%
1,20,000
1,30,000
1,15,204
1,25,051
-7.39%
-6.56%
1,10,259
1,19,146
-14.82%
-14.24%
1,20,719
1,31,163
1.12%
1.56%^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 30-Jan-18.
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 �ow by using the XIRR method (investment internal rate of return).
1 Year
Since Inception
1,20,000
2,10,000
1,16,220
2,03,797
-5.84%
-3.26%
1,18,236
2,12,172
-2.74%
1.14%
1,20,719
2,18,525
1.12%
4.45%
1 Year
Since Inception
1,20,000
2,10,000
1,14,952
1,99,691
-7.77%
-5.43%
1,18,236
2,12,172
-2.74%
1.14%
1,20,719
2,18,525
1.12%
4.45%
^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 �ow by using the XIRR method (investment internal rate of return).
SIP Investment Period Total AmountInvested (₹) Market Value (₹) CAGR Returns (%) Market Value (₹) CAGR Returns (%) Market Value (₹) CAGR Returns (%)
Total AmountInvested (₹) Market Value (₹) CAGR Returns (%) Market Value (₹) CAGR Returns (%) Market Value (₹) CAGR Returns (%)
Regular Plan Nifty 50 Index^^
Mahindra Mutual Fund Badhat Yojana
SIP Investment Period
Nifty 200 Index^
Direct Plan Nifty 50 Index^^Nifty 200 Index^
SIP Investment Period Total AmountInvested (₹) Market Value (₹) CAGR Returns (%) Market Value (₹) CAGR Returns (%) Market Value (₹) CAGR Returns (%)
Total AmountInvested (₹) Market Value (₹) CAGR Returns (%) Market Value (₹) CAGR Returns (%) Market Value (₹) CAGR Returns (%)
Regular Plan Crisil Low Duration Debt Index^ Crisil 1 Yr T-Bill Index^^
Direct Plan Crisil Low Duration Debt Index^ Crisil 1 Yr T-Bill Index^^
Mahindra Low Duration Bachat Yojana
SIP Investment Period
1 Year
Since Inception
1,20,000
2,40,000
1,24,625
2,56,653
7.29%
6.63%
1,25,331
2,59,236
8.42%
7.65%
1,25,203
2,58,009
8.22%
7.17%
1 Year
Since Inception
1,20,000
2,40,000
1,25,226
2,59,220
8.25%
7.64%
1,25,331
2,59,236
8.42%
7.65%
1,25,203
2,58,009
8.22%
7.17%^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 �ow by using the XIRR method (investment internal rate of return).
1 Year
1 Year
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
INVESTMENT OBJECTIVEThe investment objective of the Scheme is to provide long term capital appreciation & provide long-term growth opportunities by investing in a portfolio constituted of equity & equity related securities and derivatives predominantly in large cap companies. However, there can be no assurance that the investment objective of the Scheme will be achieved.
High
High
Low to Medium
80-100
0-20
0-20
Medium to High0-10
Asset Allocation Pattern
Equity and Equity related Securities of Large Cap companies^*
Equity and Equity Related instruments of other companies^
Debt and Money Market Securities^ (including CBLO, Reverse Repo)
Units issued by REITs & InvITs
*Definition of Large Cap Companies:1st – 100th company in terms of full Market Capitalization. For the purpose of this definition, the list of stocks prepared by AMFI in this regard will be adopted. ^including derivative instruments to the extent of 50% of the Net Assets of the Scheme. For detailed asset allocation refer SID of the Scheme available at www.mahindramutualfund.com or visit nearest Investor Service Centre.
ASSET ALLOCATION
INVESTMENT STYLEHigh conviction*concentrated portfolio in a staggered fashion with a focus to generate alphaTo follow blended style of investing-Growth and ValueTop down approach to identify sectors with potential across different periods based on emerging macro trendsBottom up stock selection from the Big 100 that have good governance and strong leadershipTactical calls for short to medium investment horizons
*Conviction will be based on internal evaluation and price performance position keeping investor interest in mind
*
Long term capital appreciation;Investment predominantly in equity and equity related securities including derivatives of large cap companies.Investors should consult their financial advisers if in doubt about whether the product is suitable for them.Investors understand that their
principal will be at moderately high risk
RiskometerThis product is suitable for investors who are seeking*:
Indicative Allocation(% of assets)
Risk Profile
Mahindra Pragati Bluechip Yojana
Large Cap Fund - An open ended equity schemepredominantly investing in large cap stocks
Mahindra Asset Management Company Private Limited Registered O� ce: “A” Wing, 4th Floor, Mahindra Towers,Dr. G.M. Bhosale Marg, P.K. Kurne Chowk,Worli, Mumbai 400018 India
Corporate O� ce:Sadhana House, 1st Floor, 570, P.B. Marg,Worli, Mumbai - 400018, IndiaEmail: m� [email protected]: + 91 22 66526000 | Fax: +91 22 24984170Website: www.mahindramutualfund.comToll free: 1800 419 6244
CIN: U65900MH2013PTC244758
DisclaimerThe views expressed here in this document are for general information and reading purpose only and do not constitute any guidelines and recommendations on any course of action to be followed by the reader. No representation or warranty is made as to the accuracy, completeness or fairness of the information and opinions contained herein. The views are not meant to serve as a professional guide / investment advice / intended to be an o�er or solicitation for the purchase or sale of any �nancial product or instrument or mutual fund units for the reader. This document has been prepared on the basis of publicly available information, internally developed data and other sources believed to be reliable. While utmost care has been exercised while preparing this document, Mahindra Asset Management Company Private Limited (Mahindra AMC) does not warrant the completeness or accuracy of the information and disclaims all liabilities, losses and damages arising out of the use of this information. The data/statistics given in the document are to explain general market trends in the securities market, it should not be construed as any research report/research recommendation. Readers of this document should rely on information /data arising out of their own investigations and advised to seek independent professional advice and arrive at an informed decision before making any investments. Neither Mahindra Mutual Fund, Mahindra AMC nor Mahindra Trustee Company Private Limited, its directors or associates shall be liable for any damages that may arise from the use of the information contained herein.
C No. 00531