Scheme Ready Reference. Liquid Fund. How to read Factsheet

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2 June 208 DEBT MARKET OUTLOOK It continues to be a difficult time for the debt market. Crude continues to remain at elevated levels and the domestic currency too has remained under pressure. What may keep the market bothered is the announcement of Minimum Support Prices (MSP) for kharif crops later in this month. While the contours of the MSP formula have not been spelled out, any large increases of MSP could keep the pressure on the rates. However, we continue to believe, a large part of the rate increase cycle has already played out. EQUITY MARKET OUTLOOK Despite the recent correction in the market, the overall market continues to trade SD + in terms of one year forward valuation. We continue to expect the earnings growth to be a higher double digit growth. The factors that will lead the earnings growth will be lower base, higher inflation and improvement in global economy. Going ahead markets are likely to be more earnings driven and stock specific. Scheme Ready Reference 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 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 How to read Factsheet Fund 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 affixed sum. It works similar to a recurring bank deposit. For instance, an investor may opt for an SIP that invests Rs. 500 every 5th 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, - 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. 0 and the entry load is %, the investor will enter the fund at Rs.. 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. 0 and the exit load is %, the redemption price would be Rs. 99 per unit. Modified Duration: Modified 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 flows from the invested instrument. It is the weighted average term to maturity of the cash flows from an instrument. Macaulay Duration is a measure of interest rate sensitivity of a fixed 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 means that the security will be less volatile than the market. A beta of greater than 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 firm. 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 Profile: 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 profile 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.

3 June 208 Riskometer This product is suitable for investors who are seeking* Long term capital appreciation Investment predominantly in equity and equity related securities (An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit) Investors understand that their principal will be at moderately high risk * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. INVESTMENT OBJECTIVE The investment objective of the Scheme is to generate long term capital appreciation through a diversified portfolio of equity and equity related securities. The Scheme does not guarantee or assure any returns. FUND FEATURES Potential Capital Appreciation: Scheme invests in a diversified equity portfolio thereby offering the investor, possibility of growing their investments. Tax Benefit: Investments in this scheme are entitled for tax deduction under section 80C. Possibility of saving upto Rs. 53,820/-*. 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. * Assuming investor is in the highest tax bracket and uses the entire Rs.5 lac limit available under Section 80C of Income Tax Act 96 for investing in Mahindra Mutual Fund Kar Bachat Yojana. The tax benefit is calculated on the basis of currently applicable tax rate for gross total annual income of more than Rs Crore. Please consult your financial /tax advisor before investing. FUND MANAGER AND EXPERIENCE Fund Manager: Mr. Ratish Varier Total Experience: years Experience in managing this fund: 8 months (managing since October 8, 206) PORTFOLIO STATS Portfolio Turnover Ratio:.06 PORTFOLIO ( Top Ten Holdings - wise) as on June 30, 208 Auto Tata Motors Limited Maruti Suzuki India Limited Auto Ancillaries Bosch Limited WABCO India Limited HDFC Bank Limited State Bank of India Kotak Mahindra Bank Limited ICICI Bank Limited Bank of Baroda Cement JK Cement Limited Somany Ceramics Limited Consumer Durables Greenply Industries Limited Consumer Non Durables ITC Limited Marico Limited Colgate Palmolive (India) Limited Emami Limited Procter & Gamble Hygiene and Health Care Limited Asian Paints Limited Bajaj Limited Housing Development Corporation Limited Repco Home Limited Max Financial Services Limited Gas Petronet LNG Limited GAIL (India) Limited Healthcare Services Narayana Hrudayalaya Limited Industrial Capital Goods Cochin Shipyard Limited TD Power Systems Limited Non - Ferrous Metals Hindalco Industries Limited Pesticides Sharda Cropchem Limited Dhanuka Agritech Limited Petroleum Products Reliance Industries Limited Indian Oil Corporation Limited Pharmaceuticals Aurobindo Pharma Limited Cadila Healthcare Limited Strides Shasun Limited Solara Active Pharma Sciences Limited Retailing Future Lifestyle Fashions Limited Software Cyient Limited Oracle Financial Services Software Limited Wipro Limited CASH & OTHER RECEIVABLES Grand Total SCHEME DETAILS Date of allotment: October 8, 206 Benchmark: Nifty 200 Option: Dividend (Dividend Option will have only Dividend Payout facility) and Growth 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 Minimum Monthly SIP Amount: Rs 500 and in multiples of Rs 500 thereafter Minimum Monthly SIP installments: 6 Minimum Quarterly SIP Amount: Rs,500 and in multiples of Rs 500 thereafter Minimum Quarterly SIP installments: 4 Average AUM for the month ending June 30, 208 (Rs. in Cr.): Quarterly AAUM for the month ending June 30, 208 (Rs. In Cr.): AUM as on June 30, 208 (Rs. in Cr.): Total Expense Ratio as on June 29, 208: Load Structure: Entry Load: N.A. Exit Load: Nil Regular Plan: % Direct Plan: 0.64% SECTOR ALLOCATION (%) as on June 30, 208 MARKET CAPITALISATION (%) as on June 30, Consumer Goods Cash & Cash Equivalents 9.33 Automobile 8.28 Pharma 7.74 Energy 7.55 IT 5.86 Metals 3.38 Industrial Manufacturing 3.2 Chemicals 2.74 Retailing 2.22 Healthcare Services.6.46 Cement & Cement Products As per the updated Market Capitalisation data provided by AMFI (In line with the applicable SEBI guidelines) Large Cap Mid Cap Small Cap DIVIDEND HISTORY Record Date Plan(s) / Option(s) Dividend Face Value Cum-Dividend NAV (Rs. per unit) (Rs. per unit) (Rs. per unit) -Nov-7 -Nov-7 Regular Dividend Direct Dividend 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 NAV AS ON June 29, 208: NAV/Unit Regular Plan (In Rs.) Direct Plan (In Rs.) Includes additional expenses charged in terms of Regulation 52(6A)(b) of SEBI (Mutual Funds) Regulations, 996 and Goods and Service Tax. Growth Dividend

4 June 208 (An open ended scheme investing in equity, arbitrage and debt) Riskometer Investors understand that their principal will be at moderately high risk This product is suitable for investors who are seeking* Long term capital appreciation and generation of income; Investment 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. 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. FUND FEATURES 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. FUND MANAGER AND EXPERIENCE Fund Manager (Equity): Mr. Ratish Varier Total Experience: years Experience in managing this fund: year 5 months (managing since February, 207) Fund Manager (Debt): Mr. Rahul Pal Total Experience: 7 years Experience in managing this fund: year 5 months (managing since February, 207) PORTFOLIO STATS Average Maturity^: 6.9 years Modified Duration^: 4.07 Yield to Maturity ^: 7.97% Portfolio Turnover Ratio: 3.48 ^For debt component SCHEME DETAILS Date of allotment: February, 207 Benchmark: 55% Nifty Index + 30% Crisil Composite Bond Fund Index+5% Crisil Liquid Fund Index Option: Dividend (Dividend Reinvestment, Dividend Payout) and Growth Application Amount: Rs.,000/- and in multiples of Re. /- thereafter Additional Purchase Amount: Rs.,000/- and in multiples of Re. /- thereafter Repurchase Amount: Rs.,000/- or 0 units or account balance, whichever is lower Minimum Monthly SIP Amount: Rs 500 and in Minimum Monthly SIP Installments: 6 Minimum Quarterly SIP Amount: Rs,500 and in Minimum Quarterly SIP installments: 4 Average AUM for the month ending June 30, 208 (Rs. in Cr.): 38.6 Quarterly AAUM for the month ending June 30, 208 (Rs. In Cr.): AUM as on June 30, 208 (Rs. in Cr.): Total Expense Ratio 2 as on June 29, 208: Regular Plan: 2.85% Direct Plan: 0.70% Load Structure: Entry Load: N.A. Exit Load: % of the units allotted shall be redeemed without any exit load, on or before completion of 2 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 % is payable if Units are redeemed/switched- out on or before completion of 2 months from the date of allotment of Units; Nil - If Units are redeemed / switched-out after completion of 2 months from the date of allotment of Units. NAV AS ON June 29, 208: NAV/Unit Regular Plan (In Rs.) Direct Plan (In Rs.) Growth Dividend PORTFOLIO Auto Tata Motors Limited Maruti Suzuki India Limited Ashok Leyland Limited Auto Ancillaries Bosch Limited HDFC Bank Limited The Federal Bank Limited Bank of Baroda The Karnataka Bank Limited Cement JK Cement Limited Grasim Industries Limited Somany Ceramics Limited Consumer Non Durables GlaxoSmithKline Consumer Healthcare Limited Hindustan Unilever Limited Ferrous Metals Tata Steel Limited Housing Development Corporation Limited Max Financial Services Limited Muthoot Limited Repco Home Limited Healthcare Services Narayana Hrudayalaya Limited Industrial Capital Goods Cochin Shipyard Limited Media & Entertainment Entertainment Network (India) Limited D.B.Corp Limited Oil Oil & Natural Gas Corporation Limited Pesticides Dhanuka Agritech Limited Petroleum Products Reliance Industries Limited Bharat Petroleum Corporation Limited Pharmaceuticals Cadila Healthcare Limited Strides Shasun Limited Lupin Limited Aurobindo Pharma Limited Solara Active Pharma Sciences Limited Power NTPC Limited Power Grid Corporation of India Limited Software Infosys Limited Wipro Limited Cyient Limited 5-Sep-7 5-Sep-7 5-Dec-7 5-Dec-7 2-Mar-8 2-Mar-8 ( Top Ten Holdings - wise) as on June 30, 208 Plan(s)/Option(s) Regular Dividend Direct Dividend Regular Dividend Direct Dividend Regular Dividend Direct Dividend (Rs. per unit) CORPORATE BOND 2.4 Rural Electrification Corporation Limited 3.0 Reliance Capital Limited.60 Housing Development Corporation Limited.60 Tata Capital Housing Limited.59 National Bank For Agriculture and Rural Development.57 Indian Railway Corporation Limited.52 Power Corporation Limited.52 GOVERNMENT BOND % GOI (MD 08/0/2028) % GOI (MD 7/09/203) 2.83 Cash & Cash Equivalents.07 Margin Fixed Deposit Total 2.85 HDFC Bank Limited 2.85 Cash & Net Receivables/(Payables) 7.22 Grand Total 0.00 (Rs. per unit) (Rs. per unit) Rating CARE AA+ CRISIL AA+ SECTOR ALLOCATION (%) as on June 30, 208 MARKET CAPITALIZATION (%) as on June 30, 208 IT Automobile Energy Pharma Power Consumer Goods Media & Entertainment Telecom Industrial Manufacturing Cement & Cement Products Healthcare Services Chemicals Metals DIVIDEND HISTORY Record Date Telecom - Services Bharti Airtel Limited Unhedged Equity Total Raymond Limited Punjab National Bank Multi Commodity Exchange of India Limited NCC Limited Dewan Housing Corporation Limited Jindal Steel & Power Limited GMR Infrastructure Limited Ashok Leyland Limited Titan Company Limited The Karnataka Bank Limited Indiabulls Housing Limited Power Corporation Limited Bank of Baroda Bank of India Escorts Limited Tata Steel Limited Union Bank of India Jain Irrigation Systems Limited Rural Electrification Corporation Limited Hindalco Industries Limited Steel Authority of India Limited DLF Limited NBCC (India) Limited Dish TV India Limited Aurobindo Pharma Limited Tata Power Company Limited Hedged Equity Total Equity and Equity Related Total As per the updated Market Capitalisation data provided by AMFI (In line with the applicable SEBI guidelines) Large Cap Mid Cap Small Cap Dividend Face Value Cum-Dividend NAV 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 Yield to maturity should not be construed as minimum return offered by the Scheme; 2 Includes additional expenses charged in terms of Regulation 52(6A)(b) and 52(6A)(c) of SEBI (Mutual Funds) Regulations, 996 and Goods and Service Tax. 3 SOV SOV

5 June 208 Riskometer This product is suitable for investors who are seeking* Medium to Long term capital appreciation Investment predominantly in equity and equity related securities including derivatives (Multi Cap Fund- An open ended equity scheme investing across large cap, mid cap, small cap stocks) Investors understand that their principal will be at moderately high risk * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. INVESTMENT OBJECTIVE The investment objective of the Scheme is to provide medium to long term capital appreciation through appropriate diversification and taking low risk on business quality. The diversified 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. FUND FEATURES 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. FUND MANAGER AND EXPERIENCE Fund Manager: Mr. Ratish Varier Total Experience: years Experience in managing this fund: year month (Managing since May, 207) PORTFOLIO STATS Portfolio Turnover Ratio:.3 SCHEME DETAILS Date of allotment: May, 207 Benchmark: Nifty 200 Option: Dividend (Dividend Option will have Dividend Reinvestment (D) & Dividend Payout facility) and Growth (D) D-Default Application Amount: Rs.,000 and in multiples of Re. /- thereafter Additional Purchase Amount: Rs.,000 and in multiples of Re. /- thereafter PORTFOLIO Auto Maruti Suzuki India Limited Bajaj Auto Limited Tata Motors Limited Auto Ancillaries Exide Industries Limited Motherson Sumi Systems Limited Sundram Fasteners Limited WABCO India Limited HDFC Bank Limited IndusInd Bank Limited Bank of Baroda Karur Vysya Bank Limited State Bank of India Kotak Mahindra Bank Limited Cement JK Cement Limited The India Cements Limited Somany Ceramics Limited Project Larsen & Toubro Limited Consumer Durables Havells India Limited Greenply Industries Limited Relaxo Footwears Limited Consumer Non Durables ITC Limited GlaxoSmithKline Consumer Healthcare Limited Procter & Gamble Hygiene and Health Care Limited Jubilant Foodworks Limited S H Kelkar and Company Limited Housing Development Corporation Limited Bajaj Limited Max Financial Services Limited Multi Commodity Exchange of India Limited ( Top Ten Holdings - wise) as on June 30, Gas Petronet LNG Limited Indraprastha Gas Limited Mahanagar Gas Limited Healthcare Services Narayana Hrudayalaya Limited Industrial Products AIA Engineering Limited Media & Entertainment Sun TV Network Limited Non - Ferrous Metals Hindalco Industries Limited Vedanta Limited Pesticides Dhanuka Agritech Limited Sharda Cropchem Limited Petroleum Products Reliance Industries Limited Bharat Petroleum Corporation Limited Pharmaceuticals Strides Shasun Limited Solara Active Pharma Sciences Limited Retailing Future Retail Limited Trent Limited Services Thomas Cook (India) Limited Software Infosys Limited Telecom - Services Bharti Airtel Limited Textile Products Trident Limited Page Industries Limited CASH & OTHER RECEIVABLES Grand Total Redemption / Switch-outs: Rs.,000/- or 0 units or account balance, whichever is lower Minimum Monthly SIP Amount: Rs 500 and in Minimum Monthly SIP Installments: 6 Minimum Quarterly SIP Amount: Rs,500 and in Minimum Quarterly SIP installments: 4 Average AUM for the month ending June 30, 208 (Rs. in Cr.): Quarterly AAUM for the month ending June 30, 208 (Rs. In Cr.): AUM as on June 30, 208 (Rs. in Cr.): Total Expense Ratio as on June 29, 208: Load Structure: Regular Plan 2 : 2.92% Direct Plan: 0.63% Entry Load: N.A. Exit Load: An Exit Load of % is payable if Units are redeemed / switched-out upto year from the date of allotment; - Nil if Units are redeemed / switched-out after year from the date of allotment SECTOR ALLOCATION (%) as on June 30, 208 MARKET CAPITALIZATION (%) as on June 30, 208 Consumer Goods Automobile Energy IT Project Metals Textile Products Cement & Cement Products Chemicals Retailing Media & Entertainment Cash & Cash Equivalents Telecom Services Pharma Healthcare Services Industrial Manufacturing As per the updated Market Capitalisation data provided by AMFI (In line with the applicable SEBI guidelines) Large Cap Mid Cap Small Cap NAV AS ON June 29, 208: NAV/Unit Regular Plan (In Rs.) Direct Plan (In Rs.) Growth Dividend Includes additional expenses charged in terms of Regulation 52(6A)(b) and 52(6A)(c) of SEBI (Mutual Funds) Regulations, 996 and Goods and Service Tax. 4

6 June 208 Riskometer This product is suitable for investors who are seeking* 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 scheme predominantly investing in mid cap stocks) Investors understand that their principal will be at moderately high risk * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. INVESTMENT OBJECTIVE 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. FUND FEATURES 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 FUND MANAGER AND EXPERIENCE Fund Manager (Equity): Mr. Ratish Varier Total Experience: years Experience in managing this fund: 5 months (Managing since January 30, 208) SCHEME DETAILS Date of allotment: January 30, 208 Benchmark: S&P BSE Midcap Index Option: Dividend (Dividend Option will have Dividend Reinvestment (D) & Dividend Payout facility) and Growth (D) D-Default Application Amount: Rs.,000/- and in multiples of Re. /- thereafter Additional Purchase Amount: Rs.,000/- and in multiples of Re. /- thereafter Repurchase Amount: Rs.,000/- or 0 units or account balance, whichever is lower Minimum Monthly SIP Amount: Rs 500 and in Minimum Monthly SIP Installments: 6 Minimum Quarterly SIP Amount: Rs,500 and in Minimum Quarterly SIP installments: 4 Average AUM for the month ending June 30, 208 (Rs. in Cr.): 40.8 Quarterly AAUM for the month ending June 30, 208 (Rs. In Cr.): AUM as on June 30, 208 (Rs. in Cr.): Total Expense Ratio Regular Plan: 2.93% as on June 29, 208: Direct Plan: 0.67% Load Structure: Entry Load: N.A. Exit Load: - An Exit Load of % is payable if Units are redeemed / switched-out upto year from the date of allotment; Nil if Units are redeemed / switched-out after year from the date of allotment. NAV AS ON June 29, 208: NAV/Unit Regular Plan (In Rs.) Direct Plan (In Rs.) Growth Dividend PORTFOLIO Auto Ancillaries Sundram Fasteners Limited WABCO India Limited MRF Limited Endurance Technologies Limited Kotak Mahindra Bank Limited Karur Vysya Bank Limited IndusInd Bank Limited Bank of Baroda IDFC Bank Limited ICICI Bank Limited RBL Bank Limited Cement JK Cement Limited Commercial Services 3M India Limited Prestige Estates Projects Limited Godrej Properties Limited Kajaria Ceramics Limited Cera Sanitaryware Limited Project GMR Infrastructure Limited Voltas Limited Sadbhav Engineering Limited Engineers India Limited Consumer Durables Whirlpool of India Limited Relaxo Footwears Limited Symphony Limited Consumer Non Durables Jubilant Foodworks Limited Gillette India Limited GlaxoSmithKline Consumer Healthcare Limited Emami Limited Procter & Gamble Hygiene and Health Care Limited Colgate Palmolive (India) Limited Avanti Feeds Limited Berger Paints (I) Limited Godrej Agrovet Limited Varun Beverages Limited Fertilisers Coromandel International Limited ( Top Ten Holdings - wise) as on June 30, Cholamandalam Investment and Company Limited Bajaj Limited Sundaram Limited Gruh Limited Max Financial Services Limited CRISIL Limited Gas Petronet LNG Limited Indraprastha Gas Limited Hotels, Resorts And Other Recreational Activities The Indian Hotels Company Limited Industrial Capital Goods Cochin Shipyard Limited Industrial Products Supreme Industries Limited AIA Engineering Limited Finolex Cables Limited Cummins India Limited Media & Entertainment Zee Media Corporation Limited Non - Ferrous Metals Hindalco Industries Limited Pharmaceuticals Glenmark Pharmaceuticals Limited Eris Lifesciences Limited Sanofi India Limited Alembic Pharmaceuticals Limited Biocon Limited Divi's Laboratories Limited Abbott India Limited Power Torrent Power Limited Retailing Future Consumer Limited Aditya Birla Fashion and Retail Limited Future Retail Limited Trent Limited Services Thomas Cook (India) Limited Software MphasiS Limited Cyient Limited Textile Products Arvind Limited CASH & OTHER RECEIVABLES Grand Total SECTOR ALLOCATION (%) as on June 30, 208 MARKET CAPITALISATION (%) as on June 30, 208 Consumer Goods Pharma Industrial Manufacturing Automobile Retailing IT Services Energy Project Cash & Cash Equivalents Cement & Cement Products Power Metals Textile Products Chemicals Media & Entertainment As per the updated Market Capitalisation data provided by AMFI (In line with the applicable SEBI guidelines) Includes additional expenses charged in terms of Regulation 52(6A)(b) and 52(6A)(c) of SEBI (Mutual Funds) Regulations, 996 and Goods and Service Tax Large Cap Mid Cap Small Cap 5

7 MISTAKES YOU SHOULD AVOID WHEN THE MARKET IS LOW Timing the market Don t try to time the market. Stick to your SIPs so that your investment is spread across different levels of the market movement and you can benefit from rupee cost averaging. Investing in sector funds Sector funds carry high risk and can impact your investments harshly in an already volatile market Selling your investments to safeguard money Selling when the market tanks means loss of capital. Unless you have a liquidity crunch, this is not advisable. Changing your financial plan Your goals are long term and so is your financial plan. Changing goals or financial plans with every market movement will increase the cost. Consult your financial advisor before making hasty decisions Mutual Fund investments are subject to market risks,read all scheme related documents carefully.

8 June 208 Riskometer Investors understand that their principal will be at low risk This product is suitable for investors who are seeking* Regular income over short term Investment in money market and debt instruments * Investors should consult their financial advisers if in doubt about whether the product is suitable for them. INVESTMENT OBJECTIVE PORTFOLIO ( Top Ten Holdings - wise) as on June 30, 208 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. CERTIFICATE OF DEPOSIT RBL Bank Limited Yes Bank Limited Axis Bank Limited Rating IIFL Home Limited JM Financial Limited Capital First Limited India Infoline Limited Rating CARE A+ FUND FEATURES Low volatility: Relatively safer during times of high market volatility as liquid funds usually invest in Commercial Papers, Certificate of Deposits, CBLO/ Repos and in short term debt instruments with maturity profile of not more than 9 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. IDFC Bank Limited Bandhan Bank Limited IndusInd Bank Limited COMMERCIAL PAPER National Bank For Agriculture and Rural Development Dewan Housing Corporation Limited Future Retail Limited Small Industries Dev Bank of India JK Lakshmi Cement Limited CARE A+ CARE A+ Chambal Fertilizers & Chemicals Limited Rural Electrification Corporation Limited ECL Limited Magma Housing APL Apollo Tubes Limited Piramal Enterprises Limited Vedanta Limited TREASURY BILL 9 Days Tbill (MD 05/07/208) SOV FUND MANAGER AND EXPERIENCE Fund Manager: Mr. Rahul Pal Total Experience: 7 years Edelweiss Commodities Services Limited Capital First Home Limited Magma Fincorp Limited Manappuram Limited CARE A+ 82 Days Tbill (MD 26/07/208) CASH & OTHER RECEIVABLES Grand Total SOV Experience in managing this fund: 2 years (managing since July 04, 206) IIFL Facilities Services Limited IIFL Management Services Limited PORTFOLIO STATS Average Maturity: Days Modified Duration: 0.4 Yield to Maturity : 7.77% Power Corporation Limited SREI Equipment Limited IL&FS Securities Services Limited Indiabulls Housing Limited Tata Power Renewable Energy Limited CARE A+ SCHEME DETAILS IIFL Wealth Limited 2.54 Date of allotment: July 4, 206 Benchmark: CRISIL Liquid Fund Index Option: Dividend (Daily and Weekly - Reinvestment) and Growth ASSET ALLOCATION (%) as on June 30, 208 Application Amount: Rs.,000/- and in multiples of Re. /- thereafter Cash & Other Receivables Additional Purchase Amount: Rs.,000/- and in multiples of Re. /- thereafter Certificate O f D eposit Repurchase / Redemption Amount: Rs.,000/- or unit or account balance, whichever is lower Average AUM for the month ending June 30, 208 (Rs. in Cr.): 2, Commercial Paper Sovereign Quarterly AAUM for the month ending June 30, 208 (Rs. In Cr.): 2, AUM as on June 30, 208 (Rs. in Cr.):, RATING PROFILE as on June 30, 208 Total Expense Ratio 2 as on June 29, 208: Regular Plan: 0.23% Direct Plan: 0.09% Load Structure: Entry Load: N.A. Exit Load: Nil AAA /A Sovereign NAV AS ON June 30, 208: NAV/Unit Regular Plan (In Rs.) Direct Plan (In Rs.) Daily Dividend, , Weekly Dividend, , Growth,42.254, *Cash & Cash Equivalents includes Fixed Deposits, Cash & Current Assets and CBLO Cash & Cash Equival ents* Yield to maturity should not be construed as minimum return offered by the Scheme 2 Includes additional expenses charged in terms of Regulation 52(6A)(b) and 52(6A)(c) of SEBI (Mutual Funds) Regulations, 996 and Goods and Service Tax. 6

9 June 208 Riskometer This product is suitable for investors who are seeking* Regular income over short term Investment in debt and money market instruments 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-term 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 term funds. Higher flexibility in asset allocation vis-à-vis liquid funds. An open ended low duration debt scheme investing in instruments such that the Macaulay duration of the Portfolio is between 6 months and 2 months (Please refer page 29 of SID) PORTFOLIO COMMERCIAL PAPER IIFL Facilities Services Limited Edelweiss Commodities Services Limited IIFL Management Services Limited IIFL Wealth Limited JM Financial Products Limited Indiabulls Housing Limited CORPORATE BOND Reliance Capital Limited L&T Limited Power Corporation Limited ( Top Ten Holdings - wise) as on June 30, Investors understand that their principal will be at moderately low risk Rating CARE AA+ ICRA AA+ *Investors should consult their financial advisers if in doubt about whether the product is suitable for them. Housing Development Corporation Limited Power Grid Corporation of India Limited Piramal Enterprises Limited NHPC Limited Tata Capital Housing Limited Small Industries Dev Bank of India GOVERNMENT BOND 6.84% GOI (MD 9/2/2022) CASH & OTHER RECEIVABLES Grand Total Rating ICRA AA CARE AAA CRISIL AA+ CARE AAA SOV FUND MANAGER AND EXPERIENCE Fund Manager: Mr. Rahul Pal Total Experience: 7 years Experience in managing this fund: 5 months (Managing since February 5, 207) ASSET ALLOCATION (%) as on June 30, 208 PORTFOLIO STATS Average Maturity: 0.66 years Modified Duration: 0.59 Yield to Maturity : 8.08% Macualay Duration: 0.64 SCHEME DETAILS Date of allotment: February 5, 207 Benchmark: CRISIL Liquid Fund Index Option: Dividend Reinvestment (Daily, weekly, Monthly), Dividend Payout (Monthly) and Growth Application Amount: Rs.,000/- and in multiples of Re. /- thereafter Additional Purchase Amount: Rs.,000/- and in multiples of Re. /- thereafter Redemption / Switch-outs Amount: Rs.,000/- or unit or account balance, whichever is lower Minimum Monthly SIP Amount: Rs 500 and in Minimum Monthly SIP Installments: 6 Minimum Quarterly SIP Amount: Rs,500 and in RATING PROFILE as on June 30, Cash & Other Receivables Commercial Paper Corporate Bond Government Bond Sovereign AAA /A AA Cash & Cash Equival ents* Minimum Quarterly SIP installments: 4 Average AUM for the month ending June 30, 208 (Rs. in Cr.): 29.3 Quarterly AAUM for the month ending June 30, 208 (Rs. In Cr.): 3.64 AUM as on June 30, 208 (Rs. in Cr.): *Cash & Cash Equivalents includes Fixed Deposits, Cash & Current Assets and CBLO Total Expense Ratio 2 as on June 29, 208: Load Structure: Entry Load: N.A. Exit Load: Nil Regular Plan:.28% Direct Plan: 0.27% NAV AS ON June 29, 208: NAV/Unit Regular Plan (In Rs.) Direct Plan (In Rs.) Daily Dividend, , Monthly Dividend, , Weekly Dividend, , Growth Yield to maturity should not be construed as minimum return offered by the Scheme. 2 Includes additional expenses charged in terms of Regulation 52(6A)(b) and 52(6A)(c) of SEBI (Mutual Funds) Regulations, 996 and Goods and Service Tax. 7

10 Performance as on June 30, 208 Mahindra Liquid Fund - Managed by Rahul Pal Simple Annualised Returns (%) CAGR Returns (%) Value of Investment of,000* Scheme Name 7 Days 5 Days 30 Days (`) (`) Mahindra Liquid Fund - Reg - Growth Mahindra Liquid Fund - Dir - Growth Crisil Liquid Fund Index^ Crisil Yr T-Bill Index^^ 7.64% 7.79% 7.67% 4.2% 7.57% 7.7% 7.90% 6.75% 7.44% 7.58% 8.% 5.08% 6.87% 7.03% 7.0% 5.80% 6.9% 7.06% 6.93% 6.5%,687,703,70,580,42,453,426,260 NAV / Index Value (as on June 30, 208),42.3, , ,9.35 ^Benchmark ^^Additional Benchmark. CAGR Compounded Annual Growth Rate. Inception/Allotment date: 04-Jul-6. 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.,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. 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.,000 made at the beginning of the relevant period. Mahindra Low Duration Bachat Yojana - Managed by Rahul Pal CAGR Returns (%) Value of Investment of,000* Scheme Name (`) (`) Mahindra Low Duration Bachat Yojana - Reg - Growth 5.68% 6.02%,568,834 NAV / Index Value (as on June 29, 208),083.2 Mahindra Low Duration Bachat Yojana - Dir - Growth 6.76% 7.08%,676,982, Crisil Liquid Fund Index^ 7.0% 6.96%,70,966 2,92.05 Crisil Yr T-Bill Index^^ 5.80% 5.76%,580,797 5,9.35 ^Benchmark ^^Additional Benchmark. CAGR Compounded Annual Growth Rate. Inception/Allotment date: 5-Feb-7. 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.,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. 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.,000 made at the beginning of the relevant period. Mahindra Mutual Fund Kar Bachat Yojana - Managed by Ratish Varier CAGR Returns (%) Value of Investment of,000* Scheme Name (`) (`) Mahindra Mutual Fund Kar Bachat Yojana - Reg - Growth Mahindra Mutual Fund Kar Bachat Yojana - Dir - Growth Nifty 200 Index^ Nifty 50^^ -0.37%.98% 2.40% 4.3% 7.77%.36% 4.06% 4.72% 9,963,98,240,43,355,823 2,504 2,627 NAV / Index Value (as on June 29, 208) , ,753.9 ^Benchmark ^^Additional Benchmark. CAGR Compounded Annual Growth Rate. Inception/Allotment date: 8-Oct-6. 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. 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. 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.,000 made at the beginning of the relevant period. Performance details of other schemes managed by Mr. Ratish Varier (Mahindra Unnati Emerging Business Yojana) have not been provided as these schemes have not completed year. Mahindra Mutual Fund Badhat Yojana - Managed by Ratish Varier CAGR Returns (%) Value of Investment of,000* Scheme Name (`) (`) Mahindra Mutual Fund Badhat Yojana - Reg - Growth Mahindra Mutual Fund Badhat Yojana - Dir - Growth Nifty 200^ Nifty 50^^ 3.20% 5.88% 2.40% 4.3% 3.98% 6.7%.29% 3.78%,320,588,240,43,454,766,293,58 NAV / Index Value (as on June 29, 208) , ,753.9 "^Benchmark ^^Additional Benchmark. CAGR Compounded Annual Growth Rate. Inception/Allotment date: -May-7. 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. 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. 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.,000 made at the beginning of the relevant period. Performance details of other schemes managed by Mr. Ratish Varier (Mahindra Unnati Emerging Business Yojana) have not been provided as these schemes have not completed year. Mahindra Dhan Sanchay Equity Savings Yojana - Managed by Ratish Varier and Rahul Pal Scheme Name Mahindra Dhan Sanchay Equity Savings Yojana - Reg - Growth Mahindra Dhan Sanchay Equity Savings Yojana - Dir - Growth 55% Nifty Index+ 30% Crisil Composite Bond Fund Index+5% Crisil Liquid Fund Index^ Nifty 50 ^^ (`) (`) 0.4% 2.48% 2.45% 4.3% CAGR Returns (%) Value of Investment of,000* 4.88% 7.33% 5.38% 7.52%,04,248,245,43,694,047 2,232 2,553 NAV / Index Value (as on June 29, 208) , ,753.9 ^Benchmark ^^Additional Benchmark. CAGR Compounded Annual Growth Rate. Inception/Allotment date: -Feb-7. 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. 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. 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.,000 made at the beginning of the relevant period. 8

11 Performance as on June 30, 208 SIP Performance - If you had invested Rs.,000 every month Mahindra Low Duration Bachat Yojana Regular Plan Crisil Liquid Fund Index^ Crisil Yr T-Bill Index^^ 23, % 24, % 23, % 60,000 66, % 67,97 7.5% 66, % Direct Plan Crisil Liquid Fund Index^ Crisil Yr T-Bill Index^^ 24, % 24, % 23, % 60,000 67, % 67,97 7.5% 66, % ^Benchmark ^^Additional Benchmark. CAGR Compounded Annual Growth Rate. Inception/Allotment date: 5-Feb-7. 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 year period are compounded annualized. For SIP returns, monthly investment of equal amounts invested on the st 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). Mahindra Mutual Fund Kar Bachat Yojana Regular Plan Nifty 200^ Nifty 50^^ 4, % 23, % 25, % 200, ,22 0.2% 22, % 224, % Direct Plan Nifty 200^ Nifty 50^^ 6,062-6.% 23, % 25, % 200, , % 22, % 224, % ^Benchmark ^^Additional Benchmark. CAGR Compounded Annual Growth Rate. Inception/Allotment date: 8-Oct-6. 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 year period are compounded annualized. For SIP returns, monthly investment of equal amounts invested on the st 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). Regular Plan Mahindra Mutual Fund Badhat Yojana Nifty 200^ Nifty 50^^ 30,000 6, % 23, % 25, % 26, % 34, % 37, % 30,000 8,36 28, % -.64% 23,39 34, % 6.9% 25,932 37, % 9.84% ^Benchmark ^^Additional Benchmark. CAGR Compounded Annual Growth Rate. Inception/Allotment date: -May-7. 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 year period are compounded annualized. For SIP returns, monthly investment of equal amounts invested on the st 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). Regular Plan 55% Nifty Index + 30% Crisil Composite Bond Fund Index+5% Crisil Liquid Fund Index^ Nifty 50^^ 7, % 25, % 25, % 60,000 58, % 7,609.4% 72,997.66% Direct Plan 55% Nifty Index + 30% Crisil Composite Bond Fund Index+5% Crisil Liquid Fund Index^ Nifty 50^^ 8, % 25, % 25, % 60,000 60, % 7,609.4% 72,997.66% ^Benchmark ^^Additional Benchmark. CAGR Compounded Annual Growth Rate. Inception/Allotment date: -Feb-7. 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 year period are compounded annualized. For SIP returns, monthly investment of equal amounts invested on the st 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). Note: Pursuant to SEBI Circular no. SEBI/HO/IMD/DF3/CIR/P/208/04 dated Jan 4, 208, the performance of the schemes has been benchmarked to Total Return Index variant (wherever available) of their respective benchmark indices. Disclaimer The 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 offer or solicitation for the purchase or sale of any financial 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. Mahindra Asset Management Company Private Limited Registered Office: A Wing, 4th Floor, Mahindra Towers, Dr. G.M. Bhosale Marg, P.K. Kurne Chowk, Worli, Mumbai India CIN: U65900MH203PTC Direct Plan Mahindra Dhan Sanchay Equity Savings Yojana Corporate Office: Sadhana House, st Floor, 570, P.B. Marg, Worli, Mumbai , India mfinvestors@mahindra.com Tel: Fax: Website: Toll free: Nifty 200^ Nifty 50^^ Mutual Fund investments are subject to market risks, read all scheme related documents carefully 9

12 GOOD HABITS OF # INVESTMENTS NEVER MISS A BREAKFAST TO STAY LIVELY THROUGH THE DAY WEALTH IS CREATED STEP BY STEP WITH EVERY SINGLE SIP YOU PAY Mutual Fund investments are subject to market risks,read all scheme related documents carefully. CNo.00395