KEY INFORMATION MEMORANDUM CUM COMMON APPLICATION FORM
offer of Units at NAV Based Prices
Key Information Memorandum (KIM) sets forth the information, which a prospective investor ought to know before investing. For further details of the scheme/Mutual Fund, due diligence certificate by the AMC, Key Personnel, investors’ rights & services, risk factors, penalties & pending litigations etc. investors should, before investment, refer to the Scheme Information Document and Statement of Additional Information available free of cost at any of the Investor Service Centres or distributors or from the website www.mahindramanulife.com. The Scheme particulars have been prepared in accordance with Securities and Exchange Board of India (Mutual Funds) Regulations 1996, as amended till date, and filed with Securities and Exchange Board of India (SEBI). The units being offered for public subscription have not been approved or disapproved by SEBI, nor has SEBI certified the accuracy or adequacy of this KIM. This KIM is dated May 31, 2021.
Sponsor(s) Investment Manager Trustee Mutual Fund Mahindra and Mahindra Financial Services Limited Registered office: Registerd office: Corporate Office : Registered office: Mahindra Manulife Investment Management Mahindra Manulife Trustee Private Limited Mahindra Manulife Mutual Fund Gateway Building, Apollo Bunder, Mumbai Private Limited (Formerly known as Mahindra Trustee Company Sadhana House, Maharashtra - 400 001, India (Formerly known as Mahindra Asset Management Private Limited) 1st Floor, 570 , “A” Wing, 4th Floor, Mahindra Towers, Manulife Investment Management (Singapore) Pte. Ltd. Company Private Limited) P.B. Marg, Worli, “A” Wing, 4th Floor, Mahindra Towers, 570 P B Marg, Registered office: Mumbai - 400018, India Dr.G.M. Bhosale Marg, P.K. Kurne Chowk, Worli, 8 Cross Street, #16-01, P.K. Kurne Chowk, Worli, Mumbai 400018, India Manulife Tower, Singapore 048424. Mumbai 400018 India Scheme Name Product Suitability Riskometer This product is suitable for investors who are seeking*:
Moderate Moderately High e High w to MAHINDRA MANULIFE Lo Regular income over short term Moderat
High Very LIQUID FUND w Investment in money market and debt instruments Lo An Open ended Liquid Scheme
RISKOMETER Investors understand that their principal will be at low to moderate risk
To generate reasonable returns with high levels MAHINDRA MANULIFE of safety and convenience of liquidity over short OVERNIGHT FUND term Moderate Moderately An open ended debt scheme investing To invest in debt and money market instruments High having maturity of upto 1 business day e High in overnight securities w to Lo Moderat
High Very
w
Lo
RISKOMETER MAHINDRA MANULIFE Income over short term Investors understand that their principal ARBITRAGE YOJANA Income through arbitrage opportunities between will be at low risk An open ended scheme investing in cash and derivative market and arbitrage arbitrage opportunities opportunities within the derivative segment.
MAHINDRA MANULIFE
LOW DURATION FUND Regular income over short term An open ended low duration debt scheme investing in instruments such that the Macaulay duration of the Investment in debt and money market instruments Portfolio is between 6 months and 12 months (Please refer page 21 of CKIM)
MAHINDRA MANULIFE ULTRA SHORT TERM FUND Regular income over short term An open ended ultra-short term debt scheme investing Investment in a portfolio of short term debt and in instruments such that the Macaulay duration of the Moderate Moderately money market instruments High portfolio is between 3 to 6 months (please refer to page e High w to no. 23 of CKIM) Lo Moderat
High Very
w
Lo
To generate regular returns and capital RISKOMETER MAHINDRA MANULIFE appreciation through active management of Investors understand that their principal will be at moderate risk DYNAMIC BOND YOJANA portfolio An open ended dynamic debt scheme Investments in debt & money market instruments investing across duration across duration
MAHINDRA MANULIFE SHORT TERM FUND Income over short to medium term An open ended short term debt scheme investing in Investment in debt and money market instruments such that the Macaulay duration of the instruments portfolio is between 1 year and 3 years (please refer to page no. 24 of CKIM)
*Investors should consult their financial advisors if in doubt about whether the product is suitable for them
2 Scheme Name Product Suitability Riskometer This product is suitable for investors who are seeking*:
MAHINDRA MANULIFE ELSS Long term capital appreciation KAR BACHAT YOJANA Investment predominantly in equity and equity An open ended equity linked saving scheme with related securities a statutory lock in of 3 years and tax benefit
MAHINDRA MANULIFE MULTI CAP Medium to Long term capital appreciation; BADHAT YOJANA Investment predominantly in equity and equity Multi Cap Fund- An open ended equity scheme related securities including derivatives. investing across large cap, mid cap, small cap stocks
MAHINDRA MANULIFE MID CAP Long term capital appreciation; UNNATI YOJANA Investment predominantly in equity and equity Mid Cap Fund - An open ended equity scheme related securities including derivatives of mid cap predominantly investing in mid cap stocks companies.
Long term capital appreciation Moderate Moderately MAHINDRA MANULIFE High Investment predominantly in equity and equity e High LARGE CAP PRAGATI YOJANA w to related securities including derivatives of large cap Lo Large Cap Fund - An open ended equity scheme Moderat
companies. High Very predominantly investing in large cap stocks w Lo
RISKOMETER Investors understand that their principal will be at very high risk
MAHINDRA MANULIFE Long term wealth creation and income; TOP 250 NIVESH YOJANA Investment predominantly in equity and equity Large & Mid Cap Fund - An open ended equity scheme related securities of Large and Mid cap companies investing in both large cap and mid cap stocks
Long term capital appreciation; MAHINDRA MANULIFE RURAL BHARAT AND Investment predominantly in equity and equity CONSUMPTION YOJANA related securities including derivatives of entities engaged in and/ or expected to benefit from the An open ended equity scheme growth in rural India. following Rural India theme
MAHINDRA MANULIFE Long term capital appreciation FOCUSED EQUITY YOJANA Investment in equity and equity related An open ended equity scheme investing in instruments in concentrated portfolio of maxium maximum 30 stocks across market caps 30 stocks across market capitalziation. (i.e Multi Cap)
*Investors should consult their financial advisors if in doubt about whether the product is suitable for them
3 Scheme Name Product Suitability Riskometer This product is suitable for investors who are seeking*:
Long term capital appreciation and generation of MAHINDRA MANULIFE income; HYBRID EQUITY NIVESH YOJANA Investment in equity and equity related An open ended hybrid scheme investing predominantly instruments and debt and money market Moderate Moderately in equity and equity related instruments High instruments e High w to Lo Moderat
High Very
w
Lo MAHINDRA MANULIFE EQUITY Long term capital appreciation and generation of SAVINGS DHAN SANCHAY income RISKOMETER Investors understand that their principal YOJANA Investment in equity and equity related will be at very high risk An open ended scheme investing in equity, instruments, arbitrage opportunities and debt and arbitrage and debt money market instruments
*Investors should consult their financial advisors if in doubt about whether the product is suitable for them
4 MAHINDRA MANULIFE LIQUID FUND (Scheme Code : MMLF) The Scheme offers three plans viz. Regular Plan, Direct Plan and Unclaimed Plan with a common portfolio and separate NAVs. Direct Plan is only for investors who purchase /subscribe Units in the Scheme directly with the Fund and is not available for 1. Investment Objective : The Scheme seeks to deliver reasonable market related investors who route their investments through a Distributor. returns with lower risk and higher liquidity through a portfolio of money market and debt * The Unclaimed Plan shall not be available for subscription / investments by the investors. Only the unclaimed amounts i.e. instruments. However, there is no assurance that the investment objective of the Scheme unclaimed redemption / dividend (IDCW) amounts of the schemes of Mutual Fund shall be invested under this plan. will be realized and the Scheme does not assure or guarantee any returns. The Unclaimed Plan shall have two options, viz., (a) Unclaimed Redemption / Income Distribution cum Capital Withdrawal 2. Asset Allocation pattern of the scheme : Under normal circumstances the asset allocation pattern will be: (IDCW) Option Upto 3 years; and (b) Unclaimed Redemption / Income Distribution cum Capital Withdrawal (IDCW) Option Beyond 3 years. Instruments Indicative Allocation (% of net assets) Risk Profile Minimum Maximum Low/Medium/High The Trustee / AMC reserves the right to change the record date from time to time. After distribution of dividend (IDCW) on the record date, the NAV of the IDCW sub-option(s) falls to the extent of net dividend Money Market instruments (including cash, repo, CPs, 50 100 Low CDs, Treasury Bills and Government securities) with (IDCW) and other statutory levy, as applicable. No IDCW distribution will be done if the distributable surplus at plan/option maturity / residual maturity up to 91 days of the Scheme is less than Rs. 100/-. In case of aforementioned IDCW option/sub-option(s)/facilities, the amounts can be distributed out of investors’ capital Debt instruments (including floating rate debt (Equalization Reserve), which is part of sale price that represents realized gains. instruments and securitized debt)* with maturity/ 0 50 Low to Medium residual maturity up to 91 days Systematic Investment Plan (SIP) NA *securitized debt cumulative allocation not to exceed 30% of the net assets of the Scheme. Systematic Withdrawal Plan (SWP) NA Investment in Derivatives – up to 50% of the net assets of the Scheme. Investment in derivatives shall be for hedging, Available - Refer SID for details portfolio balancing and such other purposes as maybe permitted from time to time. Systematic Transfer Plan (STP), CASTP & Flex STP The Scheme may undertake repo / reverse repo transactions in corporate debt securities in accordance with the directions issued by RBI and SEBI from time to time. Such investment shall be made subject to the guidelines which may be prescribed 7. Applicable NAV : Refer Page 26 by the Board of Directors of the AMC and Trustee Company and subject to following exposure limits: 8. Minimum Application Amount / Number of Units^ a. The gross exposure of the Scheme to repo transactions in corporate debt securities shall not be more than 10 % of the net assets of the Scheme. Purchase : Rs. 1,000/- and in multiples of Re. 1/- thereafter Additional Purchase : Rs. 1,000 and in multiples of Re. 1/- thereafter b. The cumulative gross exposure through repo transactions in corporate debt securities alongwith investments in debt securities, money market instruments and exposure in derivatives’ positions shall not exceed 100% of the net assets of Repurchase: Rs. 1,000/- or 1 unit or account balance, whichever is lower the Scheme. ^ not applicable in case of unclaimed plan The Scheme shall not invest in credit default swaps and foreign securities. The Scheme shall not engage into securities 9. Despatch of Repurchase (Redemption) Request : Refer Page 27 lending and borrowing. Pursuant to SEBI Circular No. SEBI/HO/IMD/DF2/CIR/P/2019/101 dated September 20, 2019, the Scheme shall hold at least 10. Benchmark Index : CRISIL Liquid Fund Index 20% of its net assets in liquid assets. For this purpose, “liquid assets” shall include Cash, Government Securities, T-bills and 11. Dividend Policy : Refer Page 27 Repo on Government Securities. Further, in case, the exposure in such liquid assets falls below 20% of net assets of the Scheme, the AMC will ensure compliance with the abovementioned requirement before making any further investments. 12. Name and Tenure of the Fund Manager : Mr. Rahul Pal, Managing the fund since July 4, 2016 (4 Years and The Scheme will strive to invest its funds in the manner stated above within a period of 30 days from the date of closure of the 11 months) and Mr. Amit Garg, managing since June 8, 2020 (1 Year) NFO. At the time of building up the portfolio post NFO, the Fund Manager may deploy the funds in units of liquid mutual fund 13. Name of the Trustee Company : Mahindra Manulife Trustee Private Limited schemes to the extent permitted under SEBI (Mutual Funds) Regulations, 1996, in case suitable debt / money market instruments are not available or the Fund Manager is of the view that the risk-reward is not in the best interest of the unit holders. 14. Performance of the Scheme : Refer Page 34 Pursuant to SEBI circular No. SEBI/HO/IMD/DF2/CIR/P/2016/42 dated March 18, 2016, the Scheme may deploy NFO proceeds 15. Additional Scheme Related Disclosures (April 30,2021 ) in Triparty Repo on Government securities or treasury bills (TREPS) before the closure of NFO period. However, the AMC shall not charge any investment management and advisory fees on funds deployed in TREPS during the NFO period. (i) Top 10 Holdings of the Scheme Pursuant to SEBI circular No. SEBI/IMD/CIR No. 13/150975/09 dated January 19, 2009, the Scheme shall make investment in/ Issuer Name Percentage to Net Assets purchase debt and money market securities with maturity of up to 91 days only. Clearing Corporation of India Ltd 27.35% 1. In case of securities where the principal is to be repaid in a single payout, the maturity of the securities shall mean residual maturity. In case the principal is to be repaid in more than one payout then the maturity of the securities shall Government of India 13.97% be calculated on the basis of weighted average maturity of the security. Hindustan Petroleum Corporation Limited 6.09% 2. In case of securities with put and call options, the residual maturity of the securities shall not be greater than 91 days. 3. In case the maturity of the security falls on a Non Business Day, then settlement of securities will take place on the next Business Day. Bank of Baroda 6.09% The Scheme retains the flexibility to invest across all the securities in the debt and Money Market Instruments. National Bank For Agriculture and Rural Development 6.07% All of the Scheme’s assets will be invested in transferable securities. The corpus of the Scheme shall not in any manner be used in option trading, short selling or carry forward transactions as stipulated in SEBI Regulations and amended from time to time. Housing Development Finance Corporation Limited 4.56% All the investments by the Mutual Fund under the Scheme shall be guided by investment restrictions as specified in SEBI Motilal Oswal Financial Services Limited 3.94% (Mutual Funds) Regulations, 1996 from time to time. Julius Baer Capital India Pvt Ltd. 3.34% In terms of SEBI Circular No. SEBI/HO/IMD/DF2/CIR/P/2019/101 dated September 20, 2019, the Scheme shall not park funds pending deployment in short term deposits of scheduled commercial banks. Power Grid Corporation of India Limited 3.05% The Scheme may review the above pattern of investments based on views on interest rates and asset liability management HDFC Securities Limited 3.04% needs. However, at all times the portfolio will adhere to the overall investment objectives of the Scheme. Subject to the SEBI Regulations, the asset allocation pattern indicated above may change from time to time, keeping in TOTAL 77.50% view market conditions, market opportunities, applicable regulations and political and economic factors. It must be clearly understood that the percentages stated above are only indicative and not absolute. These proportions can vary substantially (ii) Sector wise Portfolio Holdings of the Scheme depending upon the perception of the fund manager; the intention being at all times to seek to protect the interests of the Unit holders. Such changes in the investment pattern will be for short term and for defensive considerations only. In case of Sector % Exposure deviation, the portfolio would be rebalanced within 30 days from the date of deviation. In case the same is not aligned to the above asset allocation pattern within 30 days, justification shall be provided to the Investment Committee and reasons for Financial Services 43.43% the same shall be recorded in writing. The Investment Committee shall then decide on the course of action. Cash & Cash Equivalent$ 27.39% 3. Risk Profile of the Scheme : Mutual Fund Units involve investment risks including the possible loss of principal. Government of India 13.97% Please read the SID carefully for details on risk factors before investment. Scheme specific Risk Factors are summarized below: The Scheme carries risks associated with investing in fixed income securities, securitized debt and derivatives. Oil & Gas 9.13% Investment in fixed income securities are subject to risks including but not limited to interest rate risk, re-investment risk, basis risk, spread risk, liquidity risk, credit risk, duration risk and performance risk. The Scheme also carries risks associated Power 3.05% with repo transactions in Corporate Debt Securities and imperfect hedging using interest rate futures.Please refer the SID Telecom 3.03% for detailed risk factors. TOTAL 100.00% 4. Investment Strategy: Refer Page No. 21; 5. Risk Mitigation Factors : Refer Page No. 25 $ Cash & Cash Equivalents includes Fixed Deposits, Net receivable/payable and TREPS 6 a. Plans Direct Plan (Default) Regular Plan Unclaimed Plan * 6 b. Options IDCW Growth (Default) Note: For latest monthly portfolio holdings of the Scheme, investors are requested to visit : www.mahindramanulife.com/downloads. IDCW Option will have the following sub-options / facilities: (iii) Portfolio Turnover Ratio of the Scheme: Not Applicable Sub-Options / Facilities Frequency Record Date Quantum of IDCW# (as applicable) of IDCW 16. Expenses of the Scheme: Load structure - Refer Page 27, Recurring Expense - Refer Page 27 Daily IDCW Reinvestment Daily All days for which NAV is published Entire distributable surplus as available (Default) on www.amfiindia.com / on the record date, to the extent of 17. Waiver of load for Direct Applications: Not Applicable www.mahindramanulife.com increase in Net Asset Value on the 18. Tax Treatment for the Investors (Unitholders): Investors are advised to refer to the paragraph on websites record date over the Net Asset Value on ‘Taxation’ in the Statement of Additional Information and also independently refer to their tax advisor. Weekly IDCW Reinvestment Weekly Last Business Day of the Week the previous record date (Ex NAV) 19. Daily Net Asset Value (NAV) Publication: Refer Page 28 # Or such other quantum of IDCW as may be decided by the Dividend Distribution Committee (comprising of the officials of the AMC including CEO) constituted under Dividend Distribution Policy. 20. For Investor Grievances : Refer Page 28 Refer page no. 29 for additional details 21. Unitholders’ Information : Refer Page 28
IDCW: Income Distribution cum Capital Withdrawal 5 MAHINDRA MANULIFE LOW DURATION FUND The Trustee / AMC reserves the right to change the record date from time to time. (Scheme Code : MMLDF) After distribution of dividend (IDCW) on the record date, the NAV of the IDCW sub-option(s) falls to the extent of net dividend (IDCW) and other statutory levy, as applicable. No IDCW 1. Investment Objective : The investment objective of the Scheme is to provide reasonable distribution will be done if the distributable surplus at plan/option of the Scheme is less returns, commensurate with a low to moderate level of risk and high degree of liquidity, than Rs. 100/-. through a portfolio constituted of money market and debt instruments. However, there is In case of aforementioned IDCW option/sub-option(s)/facilities, the amounts can be no assurance that the investment objective of the Scheme will be realized and the Scheme distributed out of investors’ capital (Equalization Reserve), which is part of sale price that does not assure or guarantee any returns. represents realized gains. 2. Asset Allocation pattern of the scheme : Under normal circumstances the asset Refer page no. 29 for additional details allocation pattern will be: Instruments Indicative Allocation Risk Profile Systematic Investment Plan (SIP) Available - Refer SID for details (% of net assets) Minimum Maximum Low/Medium/High Systematic Withdrawal Plan (SWP) Available - Refer SID for details Money Market & Debt instruments* 0 100 Low to Medium Systematic Transfer Plan (STP), Available - Refer SID for details Units issued by REITs & InvITs 0 10 Medium to High CASTP & Flex STP *Includes securitized debt up to 30% of the net assets of the Scheme. 7. Applicable NAV : Refer Page 26 Investment in Derivatives – up to 50% of the net assets of the Scheme. Investment in derivatives shall be for hedging, 8. Minimum Application Amount / Number of Units portfolio balancing and such other purposes as maybe permitted from time to time. Purchase : Rs. 1,000/- and in multiples of Re. 1/- thereafter The Macaulay Duration of the portfolio of the Scheme will be between 6 months and 12 months. For the concept of Macaulay Additional Purchase : Rs. 1,000 and in multiples of Re. 1/- thereafter Duration please refer section ‘What are the Investment Strategies?’ Repurchase : Rs. 1,000/- or 1 unit or account balance, whichever is lower The Scheme may undertake repo / reverse repo transactions in corporate debt securities in accordance with the directions issued by RBI and SEBI from time to time. Such investment shall be made subject to the guidelines which may be prescribed 9. Despatch of Repurchase (Redemption) Request : Refer Page 27 by the Board of Directors of the AMC and Trustee Company and subject to following exposure limits: 10. Benchmark Index : CRISIL Low Duration Debt Index a. The gross exposure of the Scheme to repo transactions in corporate debt securities shall not be more than 10 % of the net assets of the Scheme. 11. Dividend Policy : Refer Page 27 b. The cumulative gross exposure through repo transactions in corporate debt securities alongwith investments in debt 12. Name and Tenure of the Fund Manager : Mr. Rahul Pal, managing the fund since Feb 15, 2017 (4 years 4 months) securities, money market instruments, units issued by REITs & InvITs and exposure in derivatives’ positions shall not exceed 100% of the net assets of the Scheme 13. Name of the Trustee Company : Mahindra Manulife Trustee Private Limited All of the Scheme’s assets will be invested in transferable securities. The corpus of the Scheme shall not in any manner be 14. Performance of the Scheme : Refer Page 34 used in option trading, short selling or carry forward transactions as stipulated in SEBI Regulations and amended from time to time. 15. Additional Scheme Related Disclosures (April 30, 2021) The Scheme shall not invest in credit default swaps and foreign securities. The Scheme shall not engage into securities (i) Top 10 Holdings of the Scheme lending and borrowing. Pursuant to SEBI Circular No. SEBI/HO/IMD/DF3/CIR/P/2020/229 dated November 6, 2020 the Scheme shall hold at least 10% Issuer Name Percentage to Net Assets of its net assets in liquid assets. For this purpose, “liquid assets” shall include Cash, Government Securities, T-bills and Repo on Government Securities. Further, in case, the exposure in such liquid assets falls below 10% of net assets of the Scheme, the Government of India 12.93% AMC will ensure compliance with the abovementioned requirement before making any further investments. Clearing Corporation of India Ltd 12.15% All the investments by the Mutual Fund under the scheme shall be guided by investment restrictions as specified in SEBI REC Limited 7.62% (Mutual Funds) Regulations, 1996 from time to time. Axis Bank Limited 6.52% In terms of SEBI Circular No. CIR/IMD/DF/05/2014 dated March 24, 2014, since the investments in short term deposits of scheduled commercial banks is allowed, pending deployment of funds of a scheme shall also be excluded while calculating Power Finance Corporation Limited 6.28% sector exposure. National Bank For Agriculture and Rural Development 4.20% Pending deployment of the funds in securities in terms of investment objective of the Scheme, the AMC may park the funds Housing Development Finance Corporation Limited 4.19% of the Scheme in short term deposits of the Scheduled Commercial Banks, subject to the guidelines issued by SEBI vide its circular dated April 16, 2007 and September 20, 2019, as may be amended from time to time. IDFC First Bank Limited 4.16% The Scheme may deploy upto 100% in cash / cash equivalents (including TREPS and Reverse Repo in government securities), IIFL Wealth Prime Limited 4.11% in case of non-availability of desired debt and money market instruments or if the Fund Manager is of the view that the risk- AU Small Finance Bank Limited 4.06% reward is not in the best interest of the Unit Holders. TOTAL 66.22% The Scheme retains the flexibility to invest across all the securities in the debt and Money Market Instruments. The Scheme may also invest in units of debt and liquid mutual fund schemes. The portfolio may hold cash depending on the market condition. The fund manager can use Derivative instruments to protect the downside risk. The Scheme may review the above (ii) Sector wise Portfolio Holdings of the Scheme pattern of investments based on views on interest rates and asset liability management needs. However, at all times the portfolio will adhere to the overall investment objectives of the Scheme. Sector % Exposure Subject to the SEBI Regulations, the asset allocation pattern indicated above may change from time to time, keeping in Financial Services 59.21% view market conditions, market opportunities, applicable egulations and political and economic factors. These proportions can vary substantially depending upon the perception of the fund manager; the intention being at all times to seek to Cash & Cash Equivalent$ 13.61% protect the interests of the Unit holders. Such changes in the investment pattern will be for short term and for defensive Government of India 12.93% considerations only. In case of deviation, the portfolio would be rebalanced within 30 days from the date of deviation. In case the same is not aligned to the above asset allocation pattern within 30 days, justification shall be provided to the Construction 4.10% Investment Committee and reasons for the same shall be recorded in writing. The Investment Committee shall then decide on the course of action. Power 3.40% Services 2.51% 3. Risk Profile of the Scheme : Mutual Fund Units involve investment risks including the possible loss of principal. Please read the SID carefully for details on risk factors before investment. Scheme specific Risk Factors are summarized Metals 1.74% below. The Scheme carries risks associated with investing in fixed income securities, securitized debt and derivatives. Investment Cement & Cement Products 1.67% in fixed income securities are subject to risks including but not limited to interest rate risk, re-investment risk, basis risk, spread risk, liquidity risk, credit risk, duration risk and performance risk. The Scheme also carries risks associated with investments in Oil & Gas 0.83% the units of Real Estate Investment Trust (REIT) and Infrastructure Investment Trust (InvIT), repo transactions in Corporate Debt Securities and imperfect hedging using interest rate futures. Please refer the SID for detailed risk factors. TOTAL 100.00% $ Cash & Cash Equivalents includes Fixed Deposits, Net receivable/payable and TREPS 4. Investment Strategy: Refer Page No. 21; 5. Risk Mitigation Factors : Refer Page No. 25 Note: For latest monthly portfolio holdings of the Scheme, investors are requested to visit : 6 a. Plans Direct Plan (Default) Regular Plan www.mahindramanulife.com/downloads. 6 b. Options IDCW Growth (Default) (iii) Portfolio Turnover Ratio of the Scheme: Not Applicable IDCW Option will have the following sub-options / facilities: 16. Expenses of the Scheme: Load structure - Refer Page 27, Recurring Expense - Refer Page 27 * Sub-Option / Facilities Frequency of IDCW Record Date Quantum of IDCW 17. Waiver of load for Direct Applications: Not Applicable Reinvestment Daily IDCW Reinvestment Every Business Day Entire distributable surplus as 18. Tax Treatment for the Investors (Unitholders): Investors are advised to refer to the (Default) (Default) available on the record date, paragraph on ‘Taxation’ in the Statement of Additional Information and also independently to the extent of increase in Weekly IDCW Reinvestment Last Business Day of the Week refer to their tax advisor. Net Asset Value on the record IDCW Monthly IDCW Reinvestment Third last Business Day of the date over the Net Asset Value 19. Daily Net Asset Value (NAV) Publication: Refer Page 28 on the previous record date Month 20. For Investor Grievances : Refer Page 28 (Ex NAV) Payout Monthly IDCW Payout Third last Business Day of the 21. Unitholders’ Information : Refer Page 28 Month * Or such other quantum of IDCW as may be decided by the Dividend Distribution Committee (comprising of the officials of the AMC including CEO) constituted under Dividend Distribution Policy.
IDCW: Income Distribution cum Capital Withdrawal 6 MAHINDRA MANULIFE DYNAMIC BOND YOJANA 4. Investment Strategy: Refer Page No.22; 5. Risk Mitigation Factors : Refer Page No. 25 (Scheme Code : MMDBY) 6 a. Plans Direct Plan (Default) Regular Plan 1. Investment Objective : The investment objective of the Scheme is to generate regular 6 b. Options IDCW Growth (Default) returns and capital appreciation through an active management of a portfolio constituted IDCW Option will have the following sub-options / facilities: of money market and debt instruments across duration. However, there is no assurance Sub-Option / Facilities Frequency of IDCW Record Date* that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns. Discretionary (Payout and NA NA Reinvestment) (Default) 2. Asset Allocation pattern of the scheme : Under normal circumstances the asset Quarterly (Payout and Quarterly Third Friday of March, June, allocation pattern will be: Reinvestment) September and December** Instruments Indicative Allocation Risk Profile * Immediately preceding business day if the record date happens to be non business day. (% of net assets) ** Or such other date as decided by the Trustees. Further, the Trustees/AMC reserves the right to change the Minimum Maximum Low/Medium/ High record date from time to time. Debt* & Money Market instruments 0% 100% Medium In case of aforementioned IDCW option/sub-option(s)/facilities, the amounts can be Units issued by REITs & InvITs 0% 10% Medium to High distributed out of investors’ capital (Equalization Reserve), which is part of sale price that represents realized gains. *Includes securitized debt and debt instruments having structured obligations/credit enhancements (such as corporate / Refer page no. 29 for additional details promoter guarantee, conditional and contingent liabilities, covenants, pledge and / or Non Disposal Undertaking of shares etc) upto 35% of the net assets of the Scheme. Systematic Investment Plan (SIP) Available - Refer SID for details Further, the investment by the Scheme in the following instruments shall not exceed 10% of the debt portfolio of the Scheme and the group exposure in such instruments shall not exceed 5% of the debt portfolio of the Scheme: Systematic Withdrawal Plan (SWP) Available - Refer SID for details a. Unsupported rating of debt instruments (i.e. without factoring-in credit enhancements) is below investment grade and Systematic Transfer Plan (STP), Available - Refer SID for details b. Supported rating of debt instruments (i.e. after factoring-in credit enhancement) is above investment grade. CASTP & Flex STP For the purpose of this provision, ‘Group’ shall have the same meaning as defined in paragraph B(3)(b) of SEBI Circular 7. Applicable NAV : Refer Page 26 No.SEBI/HO/IMD/DF2/CIR/P/2016/35 dated February 15, 2016. 8. Minimum Application Amount / Number of Units These limits shall not be applicable on investments in securitized debt instruments, as defined in SEBI (Public Offer and Purchase : Rs. 1,000/- and in multiples of Re. 1/- thereafter Listing of Securitized Debt Instruments) Regulations 2008. Additional Purchase : Rs. 1,000/- and in multiples of Re. 1/- thereafter Investment in debt instruments, having credit enhancements backed by equity shares directly or indirectly, shall have a Repurchase : Rs. 1,000/- or 100 unit or account balance, whichever is lower minimum cover of 4 times considering the market value of such shares. 9. Despatch of Repurchase (Redemption) Request : Refer Page 27 Investment in Derivatives – up to 50% of the net assets of the Scheme. Investment in derivatives shall be for hedging, portfolio balancing and such other purposes as maybe permitted from time to time. 10. Benchmark Index : CRISIL Composite Bond Fund Index The Scheme may invest in Credit Default Swaps (CDS) in accordance with SEBI Circular No. CIR/IMD/DF/23/2012 dated 11. Dividend Policy : Refer Page 27 November 15, 2012. 12. Name and Tenure of the Fund Manager : Mr. Rahul Pal, managing the fund since August 20,2018 (2 years & 10 months ) Pursuant to SEBI Circular No. SEBI/HO/IMD/DF3/CIR/P/2020/229 dated November 6, 2020 the Scheme shall hold at least 10% of its net assets in liquid assets. For this purpose, “liquid assets” shall include Cash, Government Securities, T-bills and Repo on 13. Name of the Trustee Company : Mahindra Manulife Trustee Private Limited Government Securities. Further, in case, the exposure in such liquid assets falls below 10% of net assets of the Scheme, the 14. Performance of the Scheme : Refer Page 35 AMC will ensure compliance with the abovementioned requirement before making any further investments. The Scheme shall not invest in foreign securities. The Scheme shall not engage into securities lending and borrowing. 15. Additional Scheme Related Disclosures (April 30,2021) The Scheme may undertake repo / reverse repo transactions in corporate debt securities in accordance with the directions (i) Top 10 Holdings of the Scheme issued by RBI and SEBI from time to time. Such investment shall be made subject to the guidelines which may be prescribed by the Board of Directors of the AMC and Trustee Company and subject to following exposure limits: Issuer Name Percentage to Net Assets a. The gross exposure of the Scheme to repo transactions in corporate debt securities shall not be more than 10 % of the Clearing Corporation of India Ltd 39.22% net assets of the Scheme. Government of India 19.84% b. The cumulative gross exposure through repo transactions in corporate debt securities alongwith investments in debt Power Finance Corporation Limited 5.29% securities, money market instruments, units issued by REITs & InvITs and exposure in derivatives’ positions shall not JM Financial Asset Reconstruction Company Limited 4.92% exceed 100% of the net assets of the Scheme. REC Limited 4.06% All of the Scheme's assets will be invested in transferable securities. The corpus of the Scheme shall not in any manner be National Bank For Agriculture and Rural Development 3.89% used in option trading, short selling or carry forward transactions as stipulated in SEBI Regulations and amended from time to time. Manappuram Finance Limited 3.84% All the investments by the Mutual Fund under the scheme shall be guided by investment restrictions as specified in SEBI Housing Development Finance Corporation Limited 3.83% (Mutual Funds) Regulations, 1996 from time to time. AU Small Finance Bank Limited 3.77% In terms of SEBI Circular No. CIR/IMD/DF/05/2014 dated March 24, 2014, since the investments in short term deposits of Nayara Energy Limited 3.76% scheduled commercial banks is allowed, pending deployment of funds of a scheme shall also be excluded while calculating TOTAL 92.42% sector exposure. Pending deployment of the funds in securities in terms of investment objective of the Scheme, the AMC may park the funds (ii) Sector wise Portfolio Holdings of the Scheme of the Scheme in short term deposits of the Scheduled Commercial Banks, subject to the guidelines issued by SEBI vide its Sector % Exposure circular dated April 16, 2007 and September 20, 2019, as may be amended from time to time. Cash & Cash Equivalent$ 40.94% The Scheme retains the flexibility to invest across all the securities in the debt and Money Market Instruments. The portfolio may hold cash depending on the market condition. The fund manager can use Derivative instruments to protect the Financial Services 35.46% downside risk. Government of India 19.84% The Scheme may review the above pattern of investments based on views on interest rates and asset liability management Oil & Gas 3.76% needs. However, at all times the portfolio will adhere to the overall investment objectives of the Scheme. Subject to the SEBI Regulations, the asset allocation pattern indicated above may change from time to time, keeping in view TOTAL 100.00% market conditions, market opportunities, applicable regulations and political and economic factors. These proportions can $ Cash & Cash Equivalents includes Fixed Deposits, Net receivable/payable and TREPS vary substantially depending upon the perception of the fund manager; the intention being at all times to seek to protect the interests of the Unit holders. Such changes in the investment pattern will be for short term and for defensive considerations For latest monthly portfolio holdings of the Scheme, investors are requested to only. In case of deviation, the portfolio would be rebalanced within 30 days from the date of deviation. In case the same is visit www.mahindramanulife.com/downloads not aligned to the above asset allocation pattern within 30 days, justification shall be provided to the Investment Committee (iii) Portfolio Turnover Ratio of the Scheme: Not Applicable and reasons for the same shall be recorded in writing. The Investment Committee shall then decide on the course of action. 16. Expenses of the Scheme: Load structure - Refer Page 27, Recurring Expense - Refer Page 27 3. Risk Profile of the Scheme : Mutual Fund Units involve investment risks including the possible loss of 17. Waiver of load for Direct Applications: Not Applicable principal. Please read the SID carefully for details on risk factors before investment. Scheme specific Risk Factors are 18. Tax Treatment for the Investors (Unitholders): Investors are advised to refer to the summarized below: The Scheme carries risks associated with investing in fixed income securities, Structured Obligations/ paragraph on ‘Taxation’ in the Statement of Additional Information and also independently Credit Enhancements, securitized debt and derivatives. Investment in fixed income securities are subject to risks including refer to their tax advisor. but not limited to interest rate risk, re-investment risk, basis risk, spread risk, liquidity risk, credit risk, duration risk and performance risk. The Scheme also carries risks associated with investments in the units of Real Estate Investment Trust 19. Daily Net Asset Value (NAV) Publication: Refer Page 28 (REIT) and Infrastructure Investment Trust (InvIT), repo transactions in Corporate Debt Securities and imperfect hedging 20. For Investor Grievances : Refer Page 28 using interest rate futures. The Scheme also carries risks associated with investing in Tri-party Repo (TREPS) through CCIL and 21. Unitholders’ Information : Refer Page 28 segregated portfolio. Please refer the SID for detailed risk factors.
IDCW: Income Distribution cum Capital Withdrawal 7 MAHINDRA MANULIFE EQUITY SAVINGS DHAN SANCHAY YOJANA 6 a. Plans Regular Plan Direct Plan (Default) (Scheme Code : MMESDSY) 6 b. Options/Sub- Growth option (Default) IDCW option - IDCW Payout 1. Investment Objective : The Scheme seeks to generate long term capital appreciation options/Facilities - IDCW Re-investment (Default) and also income through investments in equity and equity related instruments, arbitrage opportunities and investments in debt and money market instruments. However, there can In case of aforementioned IDCW option/sub-option(s)/facilities, the amounts can be be no assurance that the investment objective of the Scheme will be achieved. The Scheme distributed out of investors’ capital (Equalization Reserve), which is part of sale price that does not assure or guarantee any returns. represents realized gains. Refer page no. 29 for additional details 2. Asset Allocation pattern of the scheme : The Asset Allocation Pattern of the Scheme under normal circumstances would be as under: Systematic Investment Plan (SIP) Available - Refer SID for details Systematic Withdrawal Plan (SWP) Available - Refer SID for details Instruments Indicative Allocation Risk Profile (% of net assets) Systematic Transfer Plan (STP), Available - Refer SID for details CASTP & Flex STP Minimum Maximum High/Medium/Low 7. Applicable NAV : Refer Page 26 Equity and Equity related Securities^ of which 65 85 High 8. Minimum Application Amount / Number of Units (i) Equity and Equity related securities (unhedged)* 40 60 High Purchase : Rs. 1,000/- and in multiples of Re. 1/- thereafter (ii) Equities, equity related securities and derivatives including 5 25 Medium to High Additional Purchase : Rs. 1,000 and in multiples of Re. 1/- thereafter index futures, stock futures, index options, & stock options, etc. Repurchase : Rs. 1,000/- or 100 units or account balance, whichever is lower as part of hedged / arbitrage exposure (hedged) * 9. Despatch of Repurchase (Redemption) Request : Refer Page 27 Debt and Money Market Securities^ 15 35 Low to Medium 10. Benchmark Index : Composite Benchmark: 55% Nifty Index TRI + 30% Crisil Composite Units issued by REITs & InvITs 0 10 Medium to High Bond Fund Index+15% Crisil Liquid Fund Index If the debt / money market instruments offer better returns than the arbitrage opportunities available in cash and derivatives 11. Dividend Policy : Refer Page 27 segments of equity markets then the investment manager may choose to have a lower equity exposure. In such defensive 12. Name and Tenure of the Fund Manager : Mr. Rahul Pal, managing this fund since Feb 1, 2017 (4 years, 4 months) circumstances the asset allocation will be as per the below table: Ms. Fatema Pacha, managing this fund since October 16,2020 (7 months) and Mr. Manish Lodha, managing this fund since December 21,2020 (5 months) Instruments Indicative Allocation Risk Profile 13. Name of the Trustee Company : Mahindra Manulife Trustee Private Limited (% of net assets) 14. Performance of the Scheme : Refer Page 34 Minimum Maximum High/Medium/Low 15. Additional Scheme Related Disclosures (April 30, 2021) Equity and Equity related Securities^ of which 45 65 High (i) Top 10 Holdings of the Scheme (i) Equity and Equity related securities (unhedged)* 40 60 High Issuer Name Percentage to Net Assets (ii) Equities, equity related securities and derivatives including 0 5 Medium to High Clearing Corporation of India Ltd 11.00% index futures, stock futures, index options, & stock options, etc. as part of hedged / arbitrage exposure (hedged)* Government of India 6.06% Infosys Limited 5.01% Debt and Money Market Securities^ 35 55 Low to Medium ICICI Bank Limited 4.92% Units issued by REITs & InvITs 0 10 Medium to High HDFC Bank Limited 4.72% *Equity allocation is measured as the Gross exposure to equities, equity related instruments and derivatives. The Scheme will enter Reliance Industries Limited 4.57% into derivatives transactions for hedging and/or portfolio balancing. The derivative positions will be hedged against corresponding Housing Development Finance Corporation Limited 4.23% positions in either equity or derivative markets depending on the strategies involved and execution costs. On the total portfolio level Tata Consultancy Services Limited 2.81% the scheme does not intend to take a net short exposure to equity markets. Unhedged positions in the portfolio (investments in equity Kotak Mahindra Bank Limited 2.44% shares without corresponding exposure to equity derivative) shall not exceed 60% of the net assets. National Bank For Agriculture and Rural Development 2.39% ^The Scheme may also use derivatives for such purposes as maybe permitted by the Regulations, including for the purpose of hedging and portfolio balancing, based on the opportunities available and subject to guidelines issued by SEBI from time TOTAL 48.15% to time. The Scheme may also use fixed income derivative instruments subject to the guidelines as maybe issued by SEBI and RBI and for such purposes as maybe permitted from time to time. (ii) Sector wise Portfolio Holdings of the Scheme Subject to the Regulations and applicable regulatory guidelines as may be issued from time to time, the Scheme may also Sector % Exposure engage in Securities Lending and Borrowing Obligations not exceeding 20% of the net assets of the Scheme; Cash & Cash Equivalent$ 29.78% The Scheme may undertake repo / reverse repo transactions in corporate debt securities in accordance with the directions Financial Services 28.10% issued by RBI and SEBI from time to time. Such investment shall be made subject to the guidelines which may be prescribed IT 9.54% by the Board of Directors of the AMC and Trustee Company and subject to following exposure limits: Government of India 6.06% a. The gross exposure of the Scheme to repo transactions in corporate debt securities shall not be more than 10 % of the net Oil & Gas 5.66% assets of the Scheme. Power 4.10% b. The cumulative gross exposure through investments in equity and equity related securities, repo transactions in corporate Consumer Goods 2.85% debt securities alongwith investments in debt securities, money market instruments, units issued by REITs & InvITs and Pharma 2.76% exposure in derivatives’ positions shall not exceed 100% of the net assets of the Scheme. Automobile 2.27% Industrial Manufacturing 1.65% The Scheme shall not invest in securitised debt &credit default swaps. The Scheme does not propose to invest in foreign securities. Construction 1.55% Pending deployment of the funds in securities in terms of investment objective of the Scheme, the AMC may park the funds Cement & Cement Products 1.51% of the Scheme in short term deposits of the Scheduled Commercial Banks, subject to the guidelines issued by SEBI vide its Telecom 1.10% circular dated April 16, 2007 and September 20, 2019, as may be amended from time to time. Consumer Services 0.73% All the investments by the Mutual Fund under the scheme shall be guided by investment restrictions as specified in SEBI Fertilisers & Pesticides 0.57% (Mutual Funds) Regulations, 1996 from time to time. Metals 0.54% Subject to the SEBI Regulations, the asset allocation pattern indicated above may change from time to time, keeping in view Healthcare Services 0.54% market conditions, market opportunities, applicable regulations and political and economic factors. These proportions can Chemicals 0.35% vary substantially depending upon the perception of the fund manager; the intention being at all times to seek to protect the Services 0.34% interests of the Unit holders. Such changes in the investment pattern will be for short term and for defensive considerations TOTAL 100.00% only. In case of deviation, the portfolio would be rebalanced within 30 days from the date of deviation. In case the same is not aligned to the above asset allocation pattern within 30 days, justification shall be provided to the Investment Committee $ Cash & Cash Equivalents includes Fixed Deposits, Net receivable/payable and TREPS and reasons for the same shall be recorded in writing. The Investment Committee shall then decide on the course of action. Note: For latest monthly portfolio holdings of the Scheme, investors are requested to visit : www.mahindramanulife.com/downloads. 3. Risk Profile of the Scheme : Mutual Fund Units involve investment risks including the possible loss of principal. Please read the SID carefully for details on risk factors before investment. Scheme specific Risk Factors are (iii) Portfolio Turnover Ratio of the Scheme: 2.54 summarized below: Investment in Mutual Fund Units involves investment risks such as risk associated with Scheme’s 16. Expenses of the Scheme: Load structure - Refer Page 27, Recurring Expense - Refer Page 27 Arbitrage Strategy, risks associated with investing in equity, fixed income securities, securities lending, derivatives, risk associated with performance of the scheme and risk associated to potential change in tax structure. The Scheme also carries 17. Waiver of load for Direct Applications: Not Applicable risks associated with investments in the units of Real Estate Investment Trust (REIT) and Infrastructure Investment Trust (InvIT) repo transactions in Corporate Debt Securities and imperfect hedging using interest rate futures. The risks associated 18. Tax Treatment for the Investors (Unitholders): Investors are advised to refer to the with the use of derivatives are different from or possibly greater than, the risks associated with investing directly in securities paragraph on ‘Taxation’ in the Statement of Additional Information and also independently and other traditional investments. Derivative products are leveraged instruments and can provide disproportionate gains as refer to their tax advisor. well as disproportionate losses to the investor. Investment in fixed income securities are subject to risks including but not 19. Daily Net Asset Value (NAV) Publication: Refer Page 28 limited to interest rate risk, re-investment risk, basis risk, spread risk, liquidity risk, credit risk, duration risk. Please refer the SID for detailed risk factors. 20. For Investor Grievances : Refer Page 28 4. Investment Strategy: Refer Page No.21; 5. Risk Mitigation Factors : Refer Page No. 25 21. Unitholders’ Information : Refer Page 28
IDCW: Income Distribution cum Capital Withdrawal 8 MAHINDRA MANULIFE ELSS KAR BACHAT YOJANA 7 a. Plans Direct Plan (Default) Regular Plan (Scheme Code : MMEKBY) 7 b. Options/Sub- IDCW Payout Growth (Default) 1. Type of the scheme : An open ended equity linked saving scheme with a statutory lock options/Facilities in of 3 years and tax benefit. In case of aforementioned IDCW option/facilities, the amounts can be distributed out of The Scheme has been prepared in accordance with the notification dated November investors’ capital (Equalization Reserve), which is part of sale price that represents realized gains. 3, 2005 and December 13, 2005 issued by the Department of Economic affairs, Ministry Refer page no. 29 for additional details of Finance, Government of India notified under section 80C of the Income tax Act, 1961. Eligible investors in the Scheme (who are “Assessed” as per the ELSS Guidelines) are entitled Systematic Investment Plan (SIP) Available - Refer SID for details to deductions of the amount invested in Units of the Scheme to such extent (presently Available - Refer SID for details Rs. 1,50,000/- &; which may change from time to time, subject to notifications issued in this Systematic Withdrawal Plan (SWP) behalf ) under Section 80C of the Income Tax Act, 1961 and subject to such conditions as Systematic Transfer Plan (STP), Available - Refer SID for details may be notified from time to time. Mahindra Manulife ELSS Kar Bachat Yojana is an Equity CASTP & Flex STP Linked Savings Scheme and intends to meet the requirements of any other notifications/ regulations that may be prescribed by the Government/ regulatory bodies from time to time. 8. Applicable NAV : Refer Page 26 2. Investment Objective : The investment objective of the Scheme is to generate long- 9. Minimum Application Amount / Number of Units term capital appreciation through a diversified portfolio of equity and equity related Purchase : Rs. 500/- and in multiples of Rs. 500/- thereafter securities. The Scheme does not guarantee or assure any returns. Additional Purchase : Rs. 500 and in multiples of Rs. 500 thereafter Repurchase : Rs. 500/- or 50 units or account balance, whichever is lower 3. Asset Allocation pattern of the scheme : Under normal circumstances the asset allocation pattern will be: 10. Despatch of Repurchase (Redemption) Request : Refer Page 27 Instruments Indicative Allocation Risk Profile 11. Benchmark Index : Nifty 200 Index TRI (% of net assets) 12. Dividend Policy : Refer Page 27 Minimum Maximum Low/Medium/High 13. Name and Tenure of the Fund Manager : Ms. Fatema Pacha, managing the scheme since October 16, 2020 (7 months) and Equity and Equity related Securities* 80 100 High Mr. Manish Lodha, managing the scheme since December 20,2020 (5 months) Debt and Money Market Securities 0 20 Low to 14. Name of the Trustee Company : Mahindra Manulife Trustee Private Limited (including TREPS and Reverse Repo) Medium 15. Performance of the Scheme : Refer Page 34 16. Additional Scheme Related Disclosures (April 30, 2021) * Equity related Securities shall mean equities, cumulative convertible preference shares and fully convertible debentures and bonds of companies. Investment may also be made in partly (i) Top 10 Holdings of the Scheme convertible issues of debentures and bonds including those issued on rights basis subject Issuer Name Percentage to Net Assets to the condition that, as far as possible, the non-convertible portion of the debentures so acquired or subscribed, shall be disinvested within a period of 12 (twelve) months. ICICI Bank Limited 8.45% The Scheme shall not invest in derivative instruments, securitised debt, credit default swaps, Reliance Industries Limited 7.79% repos in corporate bonds and shall not engage into stock lending/short selling. The Scheme Infosys Limited 7.59% does not propose to invest in foreign securities. HDFC Bank Limited 7.36% The cumulative gross exposure through investments in equity and equity related securities, Tata Consultancy Services Limited 4.65% debt and money market instruments shall not exceed 100% of the net assets of the Scheme. Kotak Mahindra Bank Limited 3.80% Pursuant to SEBI circular No. SEBI/HO/IMD/DF2/CIR/P/2016/42 dated March 18, 2016, the Hindustan Unilever Limited 3.73% Scheme may deploy NFO proceeds in Triparty Repo on Government securities or treasury bills (TREPS) before the closure of NFO period. However, the AMC shall not charge any investment State Bank Of India 2.59% management and advisory fees on funds deployed in TREPS during the NFO period. Larsen & Toubro Limited 2.32% Pending deployment of the funds in securities in terms of investment objective of the Axis Bank Limited 2.16% Scheme, the AMC may park the funds of the Scheme in short term deposits of the Scheduled Total 50.44% Commercial Banks, subject to the guidelines issued by SEBI vide its circular dated April 16, 2007 and September 20, 2019, as may be amended from time to time. (ii) Sector wise Portfolio Holdings of the Scheme All the investments by the Mutual Fund under the scheme shall be guided by investment Sector % Exposure restrictions as specified in SEBI (Mutual Funds) Regulations, 1996 from time to time. Financial Services 31.53% In accordance with the ELSS Guidelines, investments by the Scheme in Equity and Equity related Securities (as specified above) will not fall below 80% of the net assets of the IT 16.41% Scheme. Pending deployment of funds, the scheme may invest the funds in short-term Oil & Gas 9.47% money market instruments or other liquid instruments or both. After three years of the date AUTOMOBILE 6.46% of allotment of the units, the Mutual Fund may hold upto twenty per cent of the net assets Pharma 6.05% of the Scheme in short-term money market instruments and other liquid instruments to Industrial Manufacturing 5.96% enable redemption of investment of those unit holders who would seek to tender the units Consumer goods 5.57% for repurchase. Cement & Cement Products 3.62% The Scheme will strive to invest its funds in the manner stated above within a period of six months from the date of closure of the NFO. However, in exceptional circumstances, Construction 2.32% this requirement may be dispensed with by the Scheme in order that the interest of the Cash & Cash Equivalent$ 2.17% investors is protected. Chemicals 2.11% Subject to the SEBI Regulations, the asset allocation pattern indicated above may change Metals 1.55% from time to time, keeping in view market conditions, market opportunities, applicable Power 1.40% regulations and political and economic factors.. These proportions can vary substantially Fertilisers & Pesticides 1.22% depending upon the perception of the fund manager; the intention being at all times to Consumer Services 1.17% seek to protect the interests of the Unit holders. Such changes in the investment pattern will be for short term and for defensive considerations only. In case of deviation, the portfolio Telecom 1.10% would be rebalanced within 30 days from the date of deviation. In case the same is not Paper and Jute 1.09% aligned to the above asset allocation pattern within 30 days, justification shall be provided Services 0.80% to the Investment Committee and reasons for the same shall be recorded in writing. The Total 100.00% Investment Committee shall then decide on the course of action. $ Cash & Cash Equivalents includes Fixed Deposits, Net receivable/payable and TREPS Note: For latest monthly portfolio holdings of the Scheme, investors are requested to visit : 4. Risk Profile of the Scheme : Mutual Fund Units involve investment risks including the possible loss of principal. Please read the SID carefully for details on risk factors www.mahindramanulife.com/downloads. before investment. Scheme specific Risk Factors are summarized below: By virtue (iii) Portfolio Turnover Ratio of the Scheme: 1.34 of requirements under the ELSS Guidelines, Units issued under the Scheme will not be redeemed until the expiry of 3 (three) years from the date of their allotment. The ability of an 17. Expenses of the Scheme: Load structure - Refer Page 27, Recurring Expense - Refer Page 27 investor to realise returns on investments in the Scheme is consequently restricted for the first three years. Redemption will be made prior to the expiry of the aforesaid 3 (three) years 18. Waiver of load for Direct Applications: Not Applicable period only in the event of the death of a Unit Holder, subject to the Units having been held 19. Tax Treatment for the Investors (Unitholders): Investors are advised to refer to the for a period of 1 (one) year from the date of their allotment. Investment in Mutual Fund Units paragraph on ‘Taxation’ in the Statement of Additional Information and also independently involves investment risks such as trading volumes, settlement risk, liquidity risk, default risk refer to their tax advisor. including the possible loss of principal. The Scheme carries risks associated with investing in equity and fixed income securities. Investment in fixed income securities are subject to 20. Daily Net Asset Value (NAV) Publication: Refer Page 28 risks including but not limited to interest rate risk, re-investment risk,basis risk, spread risk, liquidity risk, credit risk. Please refer the SID for detailed risk factors. 21. For Investor Grievances : Refer Page 28 5. Investment Strategy: Refer Page No. 21; 6. Risk Mitigation Factors : Refer Page No. 25 22. Unitholders’ Information : Refer Page 28
IDCW: Income Distribution cum Capital Withdrawal 9 MAHINDRA MANULIFE MULTI CAP BADHAT YOJANA Systematic Investment Plan (SIP) Available - Refer SID for details (Scheme Code : MMMCBY) Systematic Withdrawal Plan (SWP) Available - Refer SID for details 1. Investment Objective : The investment objective of the Scheme is to provide medium Systematic Transfer Plan (STP), Available - Refer SID for details to long term capital appreciation through appropriate diversification and taking low risk CASTP & Flex STP 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 7. Applicable NAV : Refer Page 26 investment objective of the Scheme will be achieved. 2. Asset Allocation pattern of the scheme : Under normal circumstances the asset 8. Minimum Application Amount / Number of Units allocation pattern will be: Purchase : Rs. 1,000/- and in multiples of Re. 1/- thereafter
Instruments Indicative Allocation Risk Profile Additional Purchase : Rs. 1,000/- and in multiples of Re. 1/- thereafter (% of assets) Repurchase : Rs. 1,000/- or 100 units or account balance, whichever is lower Minimum Maximum High/Medium/Low Equity and Equity related Securities^ of which 75 100 High 9. Despatch of Repurchase (Redemption) Request : Refer Page 27 (i) Large Cap Companies* 25 50 High 10. Benchmark Index : Nifty500 Multicap 50:25:25 TRI Index (ii) Mid Cap Companies** 25 50 High 11. Dividend Policy : Refer Page 27 (iii) Small Cap Companies*** 25 50 High Debt and Money Market Securities^ (including 0 25 Low to Medium 12. Name and Tenure of the Fund Manager : Ms. Fatema Pacha, managing this fund since Oct 16, 2020 (7 months) and TREPS, Reverse Repo and units of liquid mutual Mr. Manish Lodha, managing this fund since Dec 21,2020 (5 months) fund schemes) 13. Name of the Trustee Company : Mahindra Manulife Trustee Private Limited ^ including derivative instruments to the extent of 50% of the Net Assets of the Scheme. Investment in derivatives shall be 14. Performance of the Scheme : Refer Page 34 for hedging, portfolio balancing and such other purposes as maybe permitted from time to time under the Regulations and subject to guidelines issued by SEBI/RBI from time to time. 15. Additional Scheme Related Disclosures (April 30, 2021) *Definition of Large Cap Companies: 1st – 100th company in terms of full Market Capitalization. (i) Top 10 Holdings of the Scheme **Definition of Mid Cap Companies: 101st – 250th company in terms of full Market Capitalization. Issuer Name Percentage to Net Assets ***Definition of Small Cap Companies: 251st company onwards in terms of full Market Capitalization. ICICI Bank Limited 5.56% For the purpose of these definition, the list of stocks prepared by AMFI in this regard will be adopted. Reliance Industries Limited 3.98% The list of stocks to determine Large Cap, Mid Cap and Small Cap companies will be decided on a half yearly basis post release State Bank of India 3.81% of the updated list of stocks by AMFI every six months which is based on the average full market capitalization data of the Infosys Limited 3.70% previous six months of the stocks as on the end of June and December of each year. In case of deviation, the portfolio of the Scheme would be rebalanced to bring it in line with the updated list within one month from the date of release of the Sun Pharmaceutical Industries Limited 2.99% updated list of stocks by AMFI. Atul Limited 2.47% Subject to the Regulations and applicable regulatory guidelines as may be issued from time to time, the Scheme may also Tata Power Company Limited 2.39% engage in Securities Lending and Borrowing Obligations subject to following limits: Larsen & Toubro Limited 2.38% - Not exceeding 20% of the net assets of the Scheme; Steel Authority of India Limited 2.15% - And not more than 5% of the net assets of the Scheme can generally be deployed in securities lending to any single Dalmia Bharat Limited 2.15% counter party. TOTAL 31.58% The Scheme shall not invest in securitised debt, credit default swaps and repos in corporate bonds. The Scheme does not propose to invest in foreign securities. (ii) Sector wise Portfolio Holdings of the Scheme The cumulative gross exposure through investments in equity and equity related securities, debt securities, money market Sector % Exposure instruments and exposure in derivatives’ positions shall not exceed 100% of the net assets of the Scheme. Financial Services 25.37% Pursuant to SEBI circular No. SEBI/HO/IMD/DF2/CIR/P/2016/42 dated March 18, 2016, the Scheme may deploy NFO proceeds IT 9.95% in Triparty Repo on Government securities or treasury bills (TREPS) before the closure of NFO period. However, the AMC shall not charge any investment management and advisory fees on funds deployed in TREPS during the NFO period. Consumer goods 9.67% Pharma 9.12% Pending deployment of the funds in securities in terms of investment objective of the Scheme, the AMC may park the funds of the Scheme in short term deposits of the Scheduled Commercial Banks, subject to the guidelines issued by SEBI vide its Industrial Manufacturing 8.25% circular dated April 16, 2007 and September 20, 2019, as may be amended from time to time. Oil & gas 6.02% All the investments by the Mutual Fund under the scheme shall be guided by investment restrictions as specified in SEBI Construction 5.45% (Mutual Funds) Regulations, 1996 from time to time. Chemicals 4.40% Subject to the SEBI Regulations, the asset allocation pattern indicated above may change from time to time, keeping in view Cement & Cement products 4.05% market conditions, market opportunities, applicable regulations and political and economic factors. These proportions can Automobile 3.99% vary substantially depending upon the perception of the fund manager; the intention being at all times to seek to protect the Power 3.92% interests of the Unit holders. Such changes in the investment pattern will be for short term and for defensive considerations Metals 3.10% only. In case of deviation, the portfolio would be rebalanced within 30 days from the date of deviation. In case the same is $ not aligned to the above asset allocation pattern within 30 days, justification shall be provided to the Investment Committee Cash & Cash equivalent 2.52% and reasons for the same shall be recorded in writing. The Investment Committee shall then decide on the course of action. Paper and jute 1.49% Services 1.40% 3. Risk Profile of the Scheme : Mutual Fund Units involve investment risks including the possible loss of principal. Telecom 1.30% Please read the SID carefully for details on risk factors before investment. Scheme specific Risk Factors are summarized below: Investment in Mutual Fund Units involves investment risks such as trading volumes, settlement risk, liquidity risk, TOTAL 100.00% default risk including the possible loss of principal. The Scheme carries risks associated with investing in equity and fixed $ Cash & Cash Equivalents includes Fixed Deposits, Net receivable/payable and TREPS income securities, securities lending and derivatives. The Scheme also carries performance risk. The risks associated with the use of derivatives are different from or possibly greater than, the risks associated with investing directly in securities Note: For latest monthly portfolio holdings of the Scheme, investors are requested to visit : and other traditional investments. Derivative products are leveraged instruments and can provide disproportionate gains as www.mahindramanulife.com/downloads. well as disproportionate losses to the investor. Investment in fixed income securities are subject to risks including but not (iii) Portfolio Turnover Ratio of the Scheme: 1.53 limited to interest rate risk, re-investment risk, basis risk, spread risk, liquidity risk, credit risk, duration risk. Please refer the SID for detailed risk factors. 16. Expenses of the Scheme: Load structure - Refer Page 27, Recurring Expense - Refer Page 27 4. Investment Strategy: Refer Page No. 22; 5. Risk Mitigation Factors : Refer Page No. 25 17. Waiver of load for Direct Applications: Not Available 6 a. Plans Regular Plan Direct Plan (Default) 18. Tax Treatment for the Investors (Unitholders): Investors are advised to refer to the 6 b. Options/Sub- Growth (Default) IDCW paragraph on ‘Taxation’ in the Statement of Additional Information and also independently options/Facilities - IDCW Payout refer to their tax advisor. - IDCW Re-investment (Default) 19. Daily Net Asset Value (NAV) Publication: Refer Page 28 In case of aforementioned IDCW option/sub-option(s)/facilities, the amounts can be distributed out of investors’ capital (Equalization Reserve), which is part of sale price that 20. For Investor Grievances : Refer Page 28 represents realized gains. 21. Unitholders’ Information : Refer Page 28 Refer page no. 29 for additional details
IDCW: Income Distribution cum Capital Withdrawal 10 MAHINDRA MANULIFE MID CAP UNNATI YOJANA 4. Investment Strategy: Refer Page No. 22; 5. Risk Mitigation Factors : Refer Page No. 25 (Scheme Code : MMMCUY) 6 a. Plans Regular Plan Direct Plan (Default) 1. Investment Objective : The investment objective of the Scheme is to seek to generate 6 b. Options/Sub- Growth (Default) IDCW long term capital appreciation & provide long-term growth opportunities by investing in a options/Facilities - IDCW Payout portfolio constituted of equity & equity related securities and derivatives predominantly in - IDCW Re-investment (Default) mid cap companies. However, there can be no assurance that the investment objective of the Scheme will be achieved. In case of aforementioned IDCW option/sub-option(s)/facilities, the amounts can be distributed out of investors’ capital (Equalization Reserve), which is part of sale price that 2. Asset Allocation pattern of the scheme : The Asset Allocation Pattern of the Scheme represents realized gains. under normal circumstances would be as under: Refer page no. 29 for additional details Systematic Investment Plan (SIP) Available - Refer SID for details Instruments Indicative Allocation Risk Profile (% of net assets) Systematic Withdrawal Plan (SWP) Available - Refer SID for details Systematic Transfer Plan (STP), Available - Refer SID for details Minimum Maximum High /Medium /Low CASTP & Flex STP Equity and Equity related Securities of 65 100 High 7. Applicable NAV : Refer Page 26 Mid Cap Companies^* 8. Minimum Application Amount / Number of Units Equity and Equity related Securities of 0 35 High Purchase : Rs. 1,000/- and in multiples of Re. 1/- thereafter Non Mid Cap Companies^ Additional Purchase : Rs. 1,000/- and in multiples of Re. 1/- thereafter Repurchase : Rs. 1,000/- or 100 units or account balance, whichever is lower Debt and Money Market Securities^ 0 35 Low to (including TREPS, Reverse Repo and Medium 9. Despatch of Repurchase (Redemption) Request : Refer Page 27 units of liquid mutual fund schemes) 10. Benchmark Index : S&P BSE Midcap Index TRI Units issued by REITs & InvITs 0 10 Medium to High 11. Dividend Policy : Refer Page 27 12. Name and Tenure of the Fund Manager : Mr. V Balasubramanian, managing this fund since Aug 1, 2018 (2 years 10 months) ^ including derivative instruments to the extent of 50% of the Net Assets of the Scheme. and Mr. Manish lodha,managing this fund since December 21,2020 (5 months) Investment in derivatives shall be for hedging, portfolio balancing and such other purposes as maybe permitted from time to time under the Regulations and subject to guidelines 13. Name of the Trustee Company : Mahindra Manulife Trustee Private Limited issued by SEBI/RBI from time to time. 14. Performance of the Scheme : Refer page 34 *Definition of Mid Cap Companies: 101st – 250th company in terms of full Market Capitalization. For the purpose of this definition, the list of stocks prepared by AMFI in this 15. Additional Scheme Related Disclosures (April 30, 2021) regard will be adopted. (i) Top 10 Holdings of the Scheme The list of stocks to determine Mid Cap companies will be decided on a half yearly basis post Issuer Name Percentage to Net Assets release of the updated list of stocks by AMFI every six months which is based on the average Steel Authority of India Limited 4.05% full market capitalization data of the previous six months of the stocks as on the end of Honeywell Automation India Limited 3.32% June and December of each year. In case of deviation, the portfolio of the Scheme would be rebalanced to bring it in line with the updated list within one month from the date of release Balrampur Chini Mills Limited 3.22% of the updated list of stocks by AMFI. Atul Limited 3.11% Subject to the Regulations and applicable regulatory guidelines as may be issued from time Max Financial Services Limited 3.10% to time, the Scheme may also engage in Securities Lending and Borrowing Obligations not The Federal Bank Limited 3.08% exceeding 20% of the net assets of the Scheme. Deepak Nitrite Limited 3.01% The Scheme shall not invest in securitised debt, credit default swaps and repos in corporate Cholamandalam Investment And Finance Company Limited 2.86% bonds. The Scheme does not propose to invest in foreign securities. Supreme Industries Limited 2.84% The cumulative gross exposure through investments in equity and equity related securities, Jubilant Foodworks Limited 2.58% debt securities, money market instruments and exposure in derivatives’ positions shall not Total 31.17% exceed 100% of the net assets of the Scheme. (ii) Sector wise Portfolio Holdings of the Scheme Pursuant to SEBI circular No. SEBI/HO/IMD/DF2/CIR/P/2016/42 dated March 18, 2016, the Scheme may deploy NFO proceeds in Triparty Repo on Government securities or treasury bills Sector % Exposure (TREPS) before the closure of NFO period. However, the AMC shall not charge any investment Financial Services 17.91% management and advisory fees on funds deployed in TREPS during the NFO period. Industrial Manufacturing 17.54% Pending deployment of the funds in securities in terms of investment objective of the Consumer Goods 9.94% Scheme, the AMC may park the funds of the Scheme in short term deposits of the Scheduled Automobile 7.16% Commercial Banks, subject to the guidelines issued by SEBI vide its circular dated April 16, Chemicals 7.06% 2007 and September 20, 2019, as may be amended from time to time. IT 5.50% All the investments by the Mutual Fund under the scheme shall be guided by investment Pharma 4.70% restrictions as specified in SEBI (Mutual Funds) Regulations, 1996 from time to time. Power 4.53% Subject to the SEBI Regulations, the asset allocation pattern indicated above may change Metals 4.05% from time to time, keeping in view market conditions, market opportunities, applicable Consumer Services 3.79% regulations and political and economic factors. These proportions can vary substantially Cement & Cement Products 3.52% depending upon the perception of the fund manager; the intention being at all times to seek to protect the interests of the Unit holders. Such changes in the investment pattern will Construction 3.49% be for short term and for defensive considerations only. In case of deviation, the portfolio Healthcare Services 2.85% would be rebalanced within 30 days from the date of deviation. In case the same is not Oil & Gas 2.04% aligned to the above asset allocation pattern within 30 days, justification shall be provided Cash & Cash Equivalent$ 1.78% to the Investment Committee and reasons for the same shall be recorded in writing. The Paper and Jute 1.67% Investment Committee shall then decide on the course of action. Services 1.24% Fertilisers & Pesticides 1.23% 3. Risk Profile of the Scheme : Mutual Fund Units involve investment risks including the Total 100.00% possible loss of principal. Please read the SID carefully for details on risk factors before $ Cash & Cash Equivalents includes Fixed Deposits, Net receivable/payable and TREPS investment. Scheme specific Risk Factors are summarized below: Investment in Mutual Fund Units involves investment risks such as trading volumes, settlement risk, liquidity risk, Note: For latest monthly portfolio holdings of the Scheme, investors are requested to visit : default risk including the possible loss of principal. The Scheme carries risks associated with www.mahindramanulife.com/downloads. investing in equity and fixed income securities, securities lending, derivatives and risks (iii) Portfolio Turnover Ratio of the Scheme: 0.86 associated with investments in Mid Cap companies. The Scheme also carries performance 16. Expenses of the Scheme: Load structure - Refer Page 27, Recurring Expense - Refer Page 27 risk. The Scheme also carries risks associated with investments in the units of Real Estate 17. Waiver of load for Direct Applications: Not Available Investment Trust (REIT) and Infrastructure Investment Trust (InvIT). The risks associated with the use of derivatives are different from or possibly greater than, the risks associated with 18. Tax Treatment for the Investors (Unitholders): Investors are advised to refer to the paragraph on ‘Taxation’ in the Statement of Additional Information and also independently investing directly in securities and other traditional investments. Derivative products are refer to their tax advisor. leveraged instruments and can provide disproportionate gains as well as disproportionate 19. Daily Net Asset Value (NAV) Publication: Refer Page 28 losses to the investor. Investment in fixed income securities are subject to risks including but not limited to interest rate risk, re-investment risk, basis risk, spread risk, liquidity risk, credit 20. For Investor Grievances : Refer Page 28 risk, duration risk. Please refer the SID for detailed risk factors. 21. Unitholders’ Information : Refer Page 28
IDCW: Income Distribution cum Capital Withdrawal 11 MAHINDRA MANULIFE LARGE CAP PRAGATI YOJANA 4. Investment Strategy: Refer Page No. 22; 5. Risk Mitigation Factors : Refer Page No. 25 (Scheme Code : MMLCPY) 6 a. Plans Regular Plan Direct Plan (Default) 1. Investment Objective : The investment objective of the Scheme is to provide long term 6 b. Options/Sub- Growth (Default) IDCW capital appreciation & provide long-term growth opportunities by investing in a portfolio options/Facilities - IDCW Payout constituted of equity & equity related securities and derivatives predominantly in large - IDCW Re-investment (Default) cap companies. However, there can be no assurance that the investment objective of the Scheme will be achieved. In case of aforementioned IDCW option/sub-option(s)/facilities, the amounts can be distributed out of investors’ capital (Equalization Reserve), which is part of sale price that 2. Asset Allocation pattern of the scheme : The Asset Allocation Pattern of the Scheme represents realized gains under normal circumstances would be as under: Refer page no. 29 for additional details Instruments Indicative Allocation Risk Profile (% of net assets) Systematic Investment Plan (SIP) Available - Refer SID for details Minimum Maximum High /Medium /Low Systematic Withdrawal Plan (SWP) Available - Refer SID for details Equity and Equity related Securities of Large 80 100 High Systematic Transfer Plan (STP), Available - Refer SID for details Cap companies^* CASTP & Flex STP Equity and Equity related Securities of other 0 20 High companies^ 7. Applicable NAV : Refer Page 26 Debt and Money Market Securities^ 0 20 Low to Medium 8. Minimum Application Amount / Number of Units (including TREPS and Reverse Repo) Purchase : Rs. 1,000/- and in multiples of Re. 1/- thereafter Units issued by REITs & InvITs 0 10 Medium to High Additional Purchase : Rs. 1,000/- and in multiples of Re. 1/- thereafter Repurchase : Rs. 1,000/- or 100 units or account balance, whichever is lower ^ including derivative instruments to the extent of 50% of the Net Assets of the Scheme. Investment in derivatives shall be for hedging, portfolio balancing and such other purposes 9. Despatch of Repurchase (Redemption) Request : Refer Page 27 as maybe permitted from time to time under the Regulations and subject to guidelines 10. Benchmark Index : Nifty 50 TRI Index issued by SEBI/RBI from time to time. 11. Dividend Policy : Refer Page 27 *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 12. Name and Tenure of the Fund Manager : Mr. V Balasubramanian, managing this fund since March 15, 2019 ( 2 year 2 months) regard will be adopted. Ms. Fatema Pacha, managing this fund since December 21, 2020 (5 months)
The list of stocks to determine Large Cap companies will be decided on a half yearly basis 13. Name of the Trustee Company : Mahindra Manulife Trustee Private Limited post release of the updated list of stocks by AMFI every six months which is based on the average full market capitalization data of the previous six months of the stocks as on the end 14. Performance of the Scheme : Refer page 35 of June and December of each year. In case of deviation, the portfolio of the Scheme would 15. Additional Scheme Related Disclosures (April 30, 2021) be rebalanced to bring it in line with the updated list within one month from the date of release of the updated list of stocks by AMFI. (i) Top 10 Holdings of the Scheme Subject to the Regulations and applicable regulatory guidelines as may be issued from time Issuer Name Percentage to Net Assets to time, the Scheme may also engage in Securities Lending and Borrowing Obligations not ICICI Bank Limited 9.01% exceeding 20% of the net assets of the Scheme. Reliance Industries Limited 8.29% The Scheme shall not invest in securitised debt, credit default swaps and repos in corporate Infosys Limited 7.13% bonds. The Scheme does not propose to invest in foreign securities. State Bank of India 5.55% The cumulative gross exposure through investments in equity and equity related securities, Housing Development Finance Corporation Limited 5.37% debt securities, money market instruments and exposure in derivatives’ positions shall not Grasim Industries Limited 4.53% exceed 100% of the net assets of the Scheme. Clearing Corporation of India Ltd 4.23% Pursuant to SEBI circular No. SEBI/HO/IMD/DF2/CIR/P/2016/42 dated March 18, 2016, the HDFC Bank Limited 4.11% Scheme may deploy NFO proceeds in Triparty Repo on Government securities or treasury bills Bharti Airtel Limited 3.97% (TREPS) before the closure of NFO period. However, the AMC shall not charge any investment management and advisory fees on funds deployed in TREPS during the NFO period. Wipro Limited 3.64% TOTAL 55.83% Pending deployment of the funds in securities in terms of investment objective of the Scheme, the AMC may park the funds of the Scheme in short term deposits of the Scheduled (ii) Sector wise Portfolio Holdings of the Scheme Commercial Banks, subject to the guidelines issued by SEBI vide its circular dated April 16, Sector % Exposure 2007 and September 20, 2019, as may be amended from time to time. Financial services 31.78% All the investments by the Mutual Fund under the scheme shall be guided by investment IT 14.06% restrictions as specified in SEBI (Mutual Funds) Regulations, 1996 from time to time. Oil & Gas 10.24% Subject to the SEBI Regulations, the asset allocation pattern indicated above may change Cement & Cement products 7.69% from time to time, keeping in view market conditions, market opportunities, applicable regulations and political and economic factors. These proportions can vary substantially Consumer goods 6.02% depending upon the perception of the fund manager; the intention being at all times to Telecom 5.95% seek to protect the interests of the Unit holders. Such changes in the investment pattern will Pharma 5.87% be for short term and for defensive considerations only. In case of deviation, the portfolio Automobile 5.50% would be rebalanced within 30 days from the date of deviation. In case the same is not Cash & Cash equivalent$ 4.60% aligned to the above asset allocation pattern within 30 days, justification shall be provided Metals 4.57% to the Investment Committee and reasons for the same shall be recorded in writing. The Construction 2.72% Investment Committee shall then decide on the course of action. Industrial manufacturing 1.00% Total 100.00% 3. Risk Profile of the Scheme : Mutual Fund Units involve investment risks including the possible loss of principal. Please read the SID carefully for details on risk factors before $ Cash & Cash Equivalents includes Fixed Deposits, Net receivable/payable and TREPS investment. For latest monthly portfolio holdings of the Scheme, investors are requested to visit Scheme specific Risk Factors are summarized below: www.mahindramanulife.com/downloads Investment in Mutual Fund Units involves investment risks such as trading volumes, (iii) Portfolio Turnover Ratio of the Scheme: 0.99 settlement risk, liquidity risk, default risk including the possible loss of principal. The Scheme carries risks associated with investing in equity and fixed income securities, 16. Expenses of the Scheme: Load structure - Refer Page 27, Recurring Expense - Refer Page 27 securities lending, derivatives. The Scheme also carries performance risk. The Scheme also 17. Waiver of load for Direct Applications: Not Available carries risks associated with investments in the units of Real Estate Investment Trust (REIT) and Infrastructure Investment Trust (InvIT). The risks associated with the use of derivatives 18. Tax Treatment for the Investors (Unitholders): Investors are advised to refer to the are different from or possibly greater than, the risks associated with investing directly in paragraph on ‘Taxation’ in the Statement of Additional Information and also independently securities and other traditional investments. Derivative products are leveraged instruments refer to their tax advisor. and can provide disproportionate gains as well as disproportionate losses to the investor. 19. Daily Net Asset Value (NAV) Publication: Refer Page 28 Investment in fixed income securities are subject to risks including but not limited to interest rate risk, re-investment risk, basis risk, spread risk, liquidity risk, credit risk, duration 20. For Investor Grievances : Refer Page 28 risk. Please refer the SID for detailed risk factors. 21. Unitholders’ Information : Refer Page 28
IDCW: Income Distribution cum Capital Withdrawal 12 MAHINDRA MANULIFE RURAL BHARAT AND CONSUMPTION YOJANA Systematic Investment Plan (SIP) Available - Refer SID for details (Scheme Code : MMRBCY) Systematic Withdrawal Plan (SWP) Available - Refer SID for details 1. Investment Objective : The investment objective of the Scheme is to provide long-term Systematic Transfer Plan (STP), Available - Refer SID for details capital appreciation by investing predominantly in equity and equity related instruments CASTP & Flex STP of entities engaged in and/ or expected to benefit from the growth in rural India. However, there can be no assurance that the investment objective of the Scheme will be achieved. 7. Applicable NAV : Refer Page 26
2. Asset Allocation pattern of the scheme : The Asset Allocation Pattern of the Scheme 8. Minimum Application Amount / Number of Units under normal circumstances would be as under: Purchase : Rs. 1,000/- and in multiples of Re. 1/- thereafter Additional Purchase : Rs. 1,000/- and in multiples of Re. 1/- thereafter Instruments Indicative Allocation Risk Profile Repurchase : Rs. 1,000/- or 100 units or account balance, whichever is lower (% of net assets) 9. Despatch of Repurchase (Redemption) Request : Refer Page 27 Minimum Maximum High /Medium /Low Equity and Equity Related Instruments of 80 100 High 10. Benchmark Index : Nifty 200 Index TRI entities having exposure towards rural India^ 11. Dividend Policy : Refer Page 27 Equity and Equity Related Instruments of entities 0 20 High other than having exposure to rural India^ 12. Name and Tenure of the Fund Manager : Mr. V Balasubramanian, managing this fund since November 13, 2018 ( 2 year 7 months) Debt and Money Market Securities (including 0 20 Low to Medium and Ms. Fatema Pacha,managing this fund since December 21, 2020 ( 5 months) TREPS, Reverse Repo) 13. Name of the Trustee Company : Mahindra Manulife Trustee Private Limited Units issued by REITs & InvITs 0 10 Medium to High ^ including derivative instruments to the extent of 50% of the Net Assets of the Scheme. 14. Performance of the Scheme : Refer Page 35 Investment in derivatives shall be for hedging, portfolio balancing and such other purposes 15. Additional Scheme Related Disclosures (April 30, 2021) as maybe permitted from time to time under the Regulations and subject to guidelines issued by SEBI/RBI from time to time. (i) Top 10 Holdings of the Scheme Subject to the Regulations and applicable regulatory guidelines as may be issued from time Issuer Name Percentage to Net Assets to time, the Scheme may also engage in Securities Lending and Borrowing Obligations not ICICI Bank Limited 6.95% exceeding 20% of the net assets of the Scheme. State Bank of India 5.69% The Scheme shall not invest in securitised debt, credit default swaps and repos in corporate Balrampur Chini Mills Limited 5.62% bonds. The Scheme does not propose to invest in foreign securities. Clearing Corporation of India Ltd 5.03% The cumulative gross exposure through investments in equity and equity related securities, HDFC Bank Limited 4.55% debt securities, money market instruments, units issued by REITs & InvITs and exposure in Hindustan Unilever Limited 4.26% derivatives’ positions shall not exceed 100% of the net assets of the Scheme. The Federal Bank Limited 4.03% Pursuant to SEBI circular No. SEBI/HO/IMD/DF2/CIR/P/2016/42 dated March 18, 2016, the Bharti Airtel Limited 3.78% Scheme may deploy NFO proceeds in Triparty Repo on Government securities or treasury bills (TREPS) before the closure of NFO period. However, the AMC shall not charge any investment Steel Authority of India Limited 3.12% management and advisory fees on funds deployed in TREPS during the NFO period. Rallis India Limited 2.82% Pending deployment of the funds in securities in terms of investment objective of the TOTAL 45.85% Scheme, the AMC may park the funds of the Scheme in short term deposits of the Scheduled Commercial Banks, subject to the guidelines issued by SEBI vide its circular dated April 16, (ii) Sector wise Portfolio Holdings of the Scheme 2007 and September 20, 2019, as may be amended from time to time. Sector % Exposure All the investments by the Mutual Fund under the scheme shall be guided by investment Financial Services 30.69% restrictions as specified in SEBI (Mutual Funds) Regulations, 1996 from time to time. Consumer Goods 27.70% Subject to the SEBI Regulations, the asset allocation pattern indicated above may change Fertilisers & Pesticides 6.99% from time to time, keeping in view market conditions, market opportunities, applicable Cash & cash Equivalent$ 6.29% regulations and political and economic factors. These proportions can vary substantially Automobile 5.86% depending upon the perception of the fund manager; the intention being at all times to Cement & Cement Products 5.30% seek to protect the interests of the Unit holders. Such changes in the investment pattern will Telecom 3.78% be for short term and for defensive considerations only. In case of deviation, the portfolio IT 3.15% would be rebalanced within 30 days from the date of deviation. In case the same is not aligned to the above asset allocation pattern within 30 days, justification shall be provided Metals 3.12% to the Investment Committee and reasons for the same shall be recorded in writing. The Industrial Manufacturing 2.66% Investment Committee shall then decide on the course of action. Oil & Gas 2.01% 3. Risk Profile of the Scheme : Mutual Fund Units involve investment risks including the possible Pharma 1.35% loss of principal. Please read the SID carefully for details on risk factors before investment. Chemicals 1.10% Scheme specific Risk Factors are summarized below: Investment in Mutual Fund Units Total 100.00% involves investment risks such as trading volumes, settlement risk, liquidity risk, default risk including the possible loss of principal. The Scheme carries risks associated with investing $ Cash & Cash Equivalents includes Fixed Deposits, Net receivable/payable and TREPS in equity and fixed income securities, securities lending, derivatives and risks associated For latest monthly portfolio holdings of the Scheme, investors are requested to visit with investments in companies having exposure to rural India. The Scheme also carries www.mahindramanulife.com/downloads performance risk. The Scheme also carries risks associated with investments in the units (iii) Portfolio Turnover Ratio of the Scheme: 0.64 of Real Estate Investment Trust (REIT) and Infrastructure Investment Trust (InvIT). The risks associated with the use of derivatives are different from or possibly greater than, the risks 16. Expenses of the Scheme: Load structure - Refer Page 27, Recurring Expense - Refer Page 27 associated with investing directly in securities and other traditional investments. Derivative 17. Waiver of load for Direct Applications: Not Available products are leveraged instruments and can provide disproportionate gains as well as disproportionate losses to the investor. Investment in fixed income securities are subject to 18. Tax Treatment for the Investors (Unitholders): Investors are advised to refer to the risks including but not limited to interest rate risk, re-investment risk, basis risk, spread risk, paragraph on ‘Taxation’ in the Statement of Additional Information and also independently liquidity risk, credit risk, duration risk. Please refer the SID for detailed risk factors. refer to their tax advisor. 4. Investment Strategy: Refer Page No. 22; 5. Risk Mitigation Factors : Refer Page No. 25 19. Daily Net Asset Value (NAV) Publication: Refer Page 28 6 a. Plans Regular Plan Direct Plan (Default) 20. For Investor Grievances : Refer Page 28 6 b. Options/Sub- Growth (Default) IDCW 21. Unitholders’ Information : Refer Page 28 options/Facilities - IDCW Payout - IDCW Re-investment (Default) In case of aforementioned IDCW option/sub-option(s)/facilities, the amounts can be distributed out of investors’ capital (Equalization Reserve), which is part of sale price that represents realized gains. Refer page no. 29 for additional details
IDCW: Income Distribution cum Capital Withdrawal 13 MAHINDRA MANULIFE HYBRID EQUITY NIVESH YOJANA 6 a. Plans Regular Plan Direct Plan (Default) (Scheme Code : MMHENY) 6 b. Options/Sub- Growth option (Default) IDCW option - IDCW Payout 1. Investment Objective : The Scheme seeks to generate long term capital appreciation options/Facilities - IDCW Re-investment (Default) and also income through investments in equity and equity related instruments and investments in debt and money market instruments. However, there can be no assurance In case of aforementioned IDCW option/sub-option(s)/facilities, the amounts can be distributed out that the investment objective of the Scheme will be achieved. The Scheme does not assure of investors’ capital (Equalization Reserve), which is part of sale price that represents realized gains. or guarantee any returns. Refer page no. 29 for additional details 2. Asset Allocation pattern of the scheme : The Asset Allocation Pattern of the Scheme Systematic Investment Plan (SIP) Available - Refer SID for details under normal circumstances would be as under: Systematic Withdrawal Plan (SWP) Available - Refer SID for details Instruments Indicative Allocation Risk Profile Systematic Transfer Plan (STP), Available - Refer SID for details (% of assets) CASTP & Flex STP Minimum Maximum High/Medium/Low 7. Applicable NAV : Refer Page 26 Equity and Equity related Securities^ 65 80 High 8. Minimum Application Amount / Number of Units Purchase : Rs. 1,000/- and in multiples of Re. 1/- thereafter Debt and Money Market Securities^ 20 35 Low to Additional Purchase : Rs. 1,000 and in multiples of Re. 1/- thereafter (including TREPS, Reverse Repo and Medium Repurchase : Rs. 1,000/- or 100 units or account balance, whichever is lower units of liquid mutual fund schemes) 9. Despatch of Repurchase (Redemption) Request : Refer Page 27 Units issued by REITs & InvITs 0 10 Medium to High 10. Benchmark Index : CRISIL Hybrid 25+75 - Aggressive Index 11. Dividend Policy : Refer Page 27 ^ including derivative instruments to the extent of 50% of the Net Assets of the Scheme. Investment in derivatives shall be 12. Name and Tenure of the Fund Manager : Mr. Rahul Pal, managing this fund since July 19, 2019 (1 year 11 months) for hedging, portfolio balancing and such other purposes as maybe permitted from time to time under the Regulations and Ms. Fatema Pacha, managing this fund since October 16, 2020 (7 months) and Mr. Manish Lodha, managing this fund since subject to guidelines issued by SEBI/RBI from time to time. December 21, 2020 (5 months) Subject to the Regulations and applicable regulatory guidelines as may be issued from time to time, the Scheme may also 13. Name of the Trustee Company : Mahindra Manulife Trustee Private Limited engage in Securities Lending and Borrowing Obligations not exceeding 20% of the net assets of the Scheme. 14. Performance of the Scheme : Refer Page 35 15. Additional Scheme Related Disclosures (April 30, 2021) The Scheme may undertake repo / reverse repo transactions in corporate debt securities in accordance with the (i) Top 10 Holdings of the Scheme directions issued by RBI and SEBI from time to time. Such investment shall be made subject to the guidelines which Issuer Name Percentage to Net Assets may be prescribed by the Board of Directors of the AMC and Trustee Company and subject to following exposure Clearing Corporation of India Ltd 9.19% limits: Government Of India 9.03% a. The gross exposure of the Scheme to repo transactions in corporate debt securities shall not be more than 10 % of ICICI Bank Limited 6.49% the net assets of the Scheme. Infosys Limited 6.22% b. The cumulative gross exposure through investments in equity and equity related securities, repo transactions in Reliance Industries Limited 5.89% corporate debt securities alongwith investments in debt securities, money market instruments, units issued by HDFC Bank Limited 5.83% REITs & InvITs and exposure in derivatives’ positions shall not exceed 100% of the net assets of the Scheme. Tata Consultancy Services Limited 2.93% Hindustan Unilever Limited 2.81% The Scheme shall not invest in securitised debt and credit default swaps. The Scheme does not propose to invest in Kotak Mahindra Bank Limited 2.77% foreign securities. REC Limited 2.76% Pursuant to SEBI circular No. SEBI/HO/IMD/DF2/CIR/P/2016/42 dated March 18, 2016, the Scheme may deploy TOTAL 53.92% NFO proceeds in Triparty Repo on Government securities or treasury bills (TREPS) before the closure of NFO period. (ii) Sector wise Portfolio Holdings of the Scheme However, the AMC shall not charge any investment management and advisory fees on funds deployed in TREPS Sector % Exposure during the NFO period. Financial services 30.43% Pending deployment of the funds in securities in terms of investment objective of the Scheme, the AMC may park the IT 12.29% funds of the Scheme in short term deposits of the Scheduled Commercial Banks, subject to the guidelines issued by Government Of India 9.03% SEBI vide its circular dated April 16, 2007 and September 20, 2019, as may be amended from time to time. Cash & Cash equivalent$ 8.61% OIL & GAS 5.89% All the investments by the Mutual Fund under the scheme shall be guided by investment restrictions as specified in Consumer goods 5.15% SEBI (Mutual Funds) Regulations, 1996 from time to time. Automobile 4.82% Subject to the SEBI Regulations, the asset allocation pattern indicated above may change from time to time, keeping Pharma 4.78% in view market conditions, market opportunities, applicable regulations and political and economic factors. These Industrial Manufacturing 4.77% Cement & Cement Products 2.70% proportions can vary substantially depending upon the perception of the fund manager; the intention being at all Chemicals 1.95% times to seek to protect the interests of the Unit holders. Such changes in the investment pattern will be for short Metals 1.94% term and for defensive considerations only. In case of deviation, the portfolio would be rebalanced within 30 days Construction 1.69% from the date of deviation. In case the same is not aligned to the above asset allocation pattern within 30 days, Power 1.37% justification shall be provided to the Investment Committee and reasons for the same shall be recorded in writing. Fertilisers & Pesticides 0.90% The Investment Committee shall then decide on the course of action. Telecom 0.79% Paper and Jute 0.78% 3. Risk Profile of the Scheme : Mutual Fund Units involve investment risks including the possible loss of Consumer services 0.78% principal. Please read the SID carefully for details on risk factors before investment. Healthcare services 0.76% Services 0.57% Scheme specific Risk Factors are summarized below: Total 100.00% Investment in Mutual Fund Units involves investment risks such as trading volumes, settlement risk, liquidity risk, $ Cash & Cash Equivalents includes Fixed Deposits, Net receivable/payable and TREPS default risk including the possible loss of principal. The Scheme carries risks associated with investing in equity Note: For latest monthly portfolio holdings of the Scheme, investors are requested to visit : and fixed income securities, securities lending, derivatives and the units of Real Estate Investment Trust (REIT) and www.mahindramanulife.com/downloads. Infrastructure Investment Trust (InvIT). The Scheme also carries performance risk. The Scheme also carries risks (iii) Portfolio Turnover Ratio of the Scheme: 1.40 associated with repo transactions in Corporate Debt Securities and imperfect hedging using interest rate futures. 16. Expenses of the Scheme: Load structure - Refer Page 27, Recurring Expense - Refer Page 27 The risks associated with the use of derivatives are different from or possibly greater than, the risks associated with 17. Waiver of load for Direct Applications: Not Applicable investing directly in securities and other traditional investments. Derivative products are leveraged instruments and 18. Tax Treatment for the Investors (Unitholders): Investors are advised to refer to the can provide disproportionate gains as well as disproportionate losses to the investor. Investment in fixed income paragraph on ‘Taxation’ in the Statement of Additional Information and also independently securities are subject to risks including but not limited to interest rate risk, re-investment risk, basis risk, spread risk, refer to their tax advisor. liquidity risk, credit risk, duration risk. Please refer the SID for detailed risk factors. 19. Daily Net Asset Value (NAV) Publication: Refer Page 28 20. For Investor Grievances : Refer Page 28 4. Investment Strategy: Refer Page No.23; 5. Risk Mitigation Factors : Refer Page No. 25 21. Unitholders’ Information : Refer Page 28
IDCW: Income Distribution cum Capital Withdrawal 14 MAHINDRA MANULIFE OVERNIGHT FUND (Scheme Code : MMOF) The Trustee / AMC reserves the right to change the record date from time to time. 1. Investment Objective : The primary objective of the Scheme is to seek to generate After distribution of dividend (IDCW) on the record date, the NAV of the IDCW sub-option(s) falls to the extent of net dividend returns commensurate with low risk and providing high level of liquidity, through (IDCW) and other statutory levy, as applicable. No IDCW distribution will be done if the distributable surplus at plan/option investments made primarily in overnight securities having maturity of 1 business day of the Scheme is less than Rs. 100/-. including TREPS (Tri-Party Repo) and Reverse Repo. However, there is no assurance or In case of aforementioned IDCW option/sub-option/facility, the amounts can be distributed out of investors’ capital guarantee that the investment objective of the scheme will be achieved.. (Equalization Reserve), which is part of sale price that represents realized gains. Refer page no. 29 for additional details 2. Asset Allocation pattern of the scheme : Under normal circumstances the asset allocation pattern will be: Systematic Investment Plan (SIP) NA
Instruments Indicative Allocation Risk Profile (% of net assets) Systematic Withdrawal Plan (SWP) Available - Refer SID for details Minimum Maximum Low/Medium/High Debt & money market instruments maturing on 0 100 Low Systematic Transfer Plan (STP) Available - Refer SID for details or before the next business day including TREPS (Tri-Party Repo) and Reverse Repo) 7. Applicable NAV : Refer Page 26 The Scheme may undertake repo / reverse repo transactions in corporate debt securities in accordance with the directions issued by RBI and SEBI from time to time. Such investment shall be made subject to the guidelines which may be prescribed 8. Minimum Application Amount / Number of Units by the Board of Directors of the AMC and Trustee Company and subject to following exposure limits: Purchase : Rs. 1,000/- and in multiples of Re. 1/- thereafter a. The gross exposure of the Scheme to repo transactions in corporate debt securities shall not be more than 10 % of the net Additional Purchase : Rs. 1,000 and in multiples of Re. 1/- thereafter assets of the Scheme. Repurchase: Rs. 1,000/- or 1 unit or account balance, whichever is lower b. The cumulative gross exposure through repo transactions in corporate debt securities alongwith investments in debt securities and money market instruments shall not exceed 100% of the net assets of the Scheme. 9. Despatch of Repurchase (Redemption) Request : Refer Page 27 All of the Scheme's assets will be invested in transferable securities. The corpus of the Scheme shall not in any manner be used in option trading, short selling or carry forward transactions as stipulated in SEBI Regulations and amended from time to time. 10. Benchmark Index : CRISIL Overnight Index The Scheme may invest in liquid schemes of Mutual Funds in accordance with the applicable extant SEBI (Mutual Funds) Regulations as amended from time to time. 11. Dividend Policy : Refer Page 27 The Scheme shall not invest in credit default swaps, securitised debt, derivative instruments and foreign securities. The Scheme shall not engage into securities lending and borrowing. 12. Name and Tenure of the Fund Manager : Mr. Rahul Pal, Managing the fund since July 23, 2019 ( 1 year 10 months) and Mr. Amit Garg,managing since June 8, 2020 (1 year) Pursuant to SEBI Circular No. SEBI/HO/IMD/DF2/CIR/P/2019/101 dated September 20, 2019, the Scheme shall hold at least 20% of its net assets in liquid assets. For this purpose, “liquid assets” shall include Cash, Government Securities, T-bills and 13. Name of the Trustee Company : Mahindra Manulife Trustee Private Limited Repo on Government Securities. Further, in case, the exposure in such liquid assets falls below 20% of net assets of the Scheme, the AMC will ensure compliance with the abovementioned requirement before making any further investments. 14. Performance of the Scheme : Refer Page 35 All the investments by the Mutual Fund under the scheme shall be guided by investment restrictions as specified in SEBI (Mutual Funds) Regulations, 1996 from time to time. 15. Additional Scheme Related Disclosures (April 30, 2021) Pursuant to SEBI circular No. SEBI/HO/IMD/DF2/CIR/P/2016/42 dated March 18, 2016, the Scheme may deploy NFO proceeds in Triparty Repo on Government securities or treasury bills (TREPS) before the closure of NFO period. However, the AMC shall (i) Top 10 Holdings of the Scheme not charge any investment management and advisory fees on funds deployed in TREPS during the NFO period. Issuer Name Percentage to Net Assets In terms of SEBI Circular No. SEBI/HO/IMD/DF2/CIR/P/2019/101 dated September 20, 2019, the Scheme shall not park funds pending deployment in short term deposits of scheduled commercial banks. Clearing Corporation of India Ltd 99.75% The Scheme may deploy upto 100% in cash / cash equivalents (including TREPS and Reverse Repo in government securities), TOTAL 99.75% in case of non-availability of desired debt and money market instruments or if the Fund Manager is of the view that the risk-reward is not in the best interest of the Unit Holders. The Scheme retains the flexibility to invest across all the securities (ii) Sector wise Portfolio Holdings of the Scheme in the debt and Money Market Instruments. The Scheme may also invest in units of debt and liquid mutual fund schemes. The portfolio may hold cash depending on the market condition. Sector % Exposure
The Scheme may review the above pattern of investments based on views on interest rates and asset liability management Cash & Cash Equivalent$ 100.00% needs. However, at all times the portfolio will adhere to the overall investment objectives of the Scheme. Subject to the SEBI Regulations, the asset allocation pattern indicated above may change from time to time, keeping in view TOTAL 100.00% market conditions, market opportunities, applicable regulations and political and economic factors. These proportions can $ Cash & Cash Equivalents includes Fixed Deposits, Net receivable/payable and TREPS vary substantially depending upon the perception of the fund manager; the intention being at all times to seek to protect the interests of the Unit holders. Such changes in the investment pattern will be for short term and for defensive considerations Note: For latest monthly portfolio holdings of the Scheme, investors are requested to only. In case of deviation, the portfolio would be rebalanced within 30 days from the date of deviation. In case the same is visit : www.mahindramanulife.com/downloads. not aligned to the above asset allocation pattern within 30 days, justification shall be provided to the Investment Committee and reasons for the same shall be recorded in writing. The Investment Committee shall then decide on the course of action. (iii) Portfolio Turnover Ratio of the Scheme: Not Applicable
3. Risk Profile of the Scheme : Mutual Fund Units involve investment risks including the possible loss of principal. 16. Expenses of the Scheme: Load structure - Refer Page 27, Recurring Expense - Refer Page 27 Please read the SID carefully for details on risk factors before investment. Scheme specific Risk Factors are summarized below: The Scheme carries risks associated with investing in fixed income securities. Investment in fixed income securities 17. Waiver of load for Direct Applications: Not Applicable are subject to risks including but not limited to interest rate risk, re-investment risk, credit risk, counterparty risk, settlement risk and performance risk. The Scheme also carries risks associated with repo transactions in Corporate Debt Securities. Please 18. Tax Treatment for the Investors (Unitholders): Investors are advised to refer to the paragraph on refer the SID for detailed risk factors. ‘Taxation’ in the Statement of Additional Information and also independently refer to their tax advisor.
4. Investment Strategy: Refer Page No. 23; 5. Risk Mitigation Factors : Refer Page No. 25 19. Daily Net Asset Value (NAV) Publication: Refer Page 28 6 a. Plans Direct Plan (Default) Regular Plan 20. For Investor Grievances : Refer Page 28 6 b. Options IDCW Growth (Default) IDCW Option will have the following sub-options / facilities: 21. Unitholders’ Information : Refer Page 28 Sub-Option / Facilities Frequency Record Date Quantum of IDCW* of IDCW Daily IDCW Reinvestment Daily All days for which NAV is published Entire distributable surplus as available (Default) on www.amfiindia.com / on the record date, to the extent of www.mahindramanulife.com increase in Net Asset Value on the websites record date over the Net Asset Value on the previous record date (Ex NAV) * Or such other quantum of IDCW as may be decided by the Dividend Distribution Committee (comprising of the officials of the AMC including CEO) constituted under Dividend Distribution Policy.
IDCW: Income Distribution cum Capital Withdrawal 15 MAHINDRA MANULIFE ULTRA SHORT TERM FUND The Trustee / AMC reserves the right to change the record date from time to time. (Scheme Code : MMUSTF) After distribution of dividend (IDCW) on the record date, the NAV of the IDCW sub-option(s) falls to the extent of net dividend (IDCW) and other statutory levy, as applicable. No IDCW 1. Investment Objective : The investment objective of the Scheme is to generate regular distribution will be done if the distributable surplus at plan/option of the Scheme is less income and capital appreciation through investment in a portfolio of short term debt & than Rs. 100/-. money market instruments such that the Macaulay duration of the portfolio is between 3 to In case of aforementioned IDCW option/sub-option(s)/facilities, the amounts can be 6 months. However, there is no assurance or guarantee that the investment objective of the distributed out of investors’ capital (Equalization Reserve), which is part of sale price that Scheme will be achieved. The Scheme does not assure or guarantee any returns. represents realized gains. 2. Asset Allocation pattern of the scheme : Under normal circumstances the asset Refer page no. 29 for additional details allocation pattern will be: Instruments Indicative Allocation Risk Profile Systematic Investment Plan (SIP) Available - Refer SID for details (% of net assets) Minimum Maximum Low/Medium/High Systematic Withdrawal Plan (SWP) Available - Refer SID for details Debt* and Money Market Instruments 0 100 Low to Medium Systematic Transfer Plan (STP), Available - Refer SID for details Units issued by REITs & InvITs 0 10 Medium to High CASTP & Flex STP
*Includes securitized debt up to 30% of the net assets of the Scheme and structured obligations (such as corporate / promoter 7. Applicable NAV : Refer Page 26 guarantee, conditional and contingent liabilities, covenants, pledge and / or Non Disposal Undertaking of shares etc) upto 25% 8. Minimum Application Amount / Number of Units of the net assets of the Scheme. Purchase : Rs. 1,000/- and in multiples of Re. 1/- thereafter Investment in Derivatives – up to 50% of the net assets of the Scheme. Investment in derivatives shall be for hedging, portfolio Additional Purchase : Rs. 1,000 and in multiples of Re. 1/- thereafter balancing and such other purposes as maybe permitted from time to time. Repurchase : Rs. 1,000/- or 1 unit or account balance, whichever is lower The Scheme may undertake repo / reverse repo transactions in corporate debt securities in accordance with the directions issued 9. Despatch of Repurchase (Redemption) Request : Refer Page 27 by RBI and SEBI from time to time. Such investment shall be made subject to the guidelines which may be prescribed by the Board of Directors of the AMC and Trustee Company and subject to following exposure limits: 10. Benchmark Index : CRISIL Ultra Short Term Debt Index a. The gross exposure of the Scheme to repo transactions in corporate debt securities shall not be more than 10 % of the net 11. Dividend Policy : Refer Page 27 assets of the Scheme. 12. Name and Tenure of the Fund Manager : Mr. Rahul Pal, managing the fund since October 17, 2019 (1 year 7 months) b. The cumulative gross exposure through repo transactions in corporate debt securities alongwith investments in debt and Mr. Amit Garg,managing since June 8, 2020 (1 year) securities, money market instruments, units issued by REITs & InvITs and exposure in derivatives’ positions shall not exceed 100% of the net assets of the Scheme 13. Name of the Trustee Company : Mahindra Manulife Trustee Private Limited The Macaulay Duration of the portfolio of the Scheme will be maintained between 3 months and 6 months. For the concept of 14. Performance of the Scheme : Refer Page 35 Macaulay Duration, please refer section ‘Investment Strategy’. 15. Additional Scheme Related Disclosures (April 30, 2021) The Scheme shall not invest in credit default swaps and foreign securities. The Scheme shall not engage into securities lending and borrowing. (i) Top 10 Holdings of the Scheme Pursuant to SEBI Circular No. SEBI/HO/IMD/DF3/CIR/P/2020/229 dated November 6, 2020 the Scheme shall hold at least 10% of its net assets in liquid assets. For this purpose, “liquid assets” shall include Cash, Government Securities, T-bills and Repo on Government Issuer Name Percentage to Net Assets Securities. Further, in case, the exposure in such liquid assets falls below 10% of net assets of the Scheme, the AMC will ensure Clearing Corporation of India Ltd 18.62% compliance with the abovementioned requirement before making any further investments. National Bank for Agriculture and Rural Development 9.54% All the investments by the Mutual Fund under the Scheme shall be guided by investment restrictions as specified in SEBI (Mutual Government of India 7.04% Funds) Regulations, 1996 from time to time. Hindalco Industries Limited 4.92% Pursuant to SEBI circular No. SEBI/HO/IMD/DF2/CIR/P/2016/42 dated March 18, 2016, the Scheme may deploy NFO proceeds in NTPC Limited 4.78% Triparty Repo on Government securities or treasury bills (TREPS) before the closure of NFO period. However, the AMC shall not charge any investment management and advisory fees on funds deployed in TREPS during the NFO period. Housing Development Finance Corporation Limited 4.77% Pending deployment of the funds in securities in terms of investment objective of the Scheme, the AMC may park the funds of Julius Baer Capital India Pvt Ltd. 4.69% the Scheme in short term deposits of the Scheduled Commercial Banks, subject to the guidelines issued by SEBI vide its circular L&T Finance Limited 4.68% dated April 16, 2007 and September 20, 2019, as may be amended from time to time. Motilal Oswal Financial Services Limited 4.68% The Scheme retains the flexibility to invest across all the securities in the debt and Money Market Instruments. The Scheme may Tata Realty & Infrastructure Limited 4.62% also invest in units of debt and liquid mutual fund schemes. The fund manager can use Derivative instruments to protect the Total 68.34% downside risk. The Scheme may review the above pattern of investments based on views on interest rates and asset liability management (ii) Sector wise Portfolio Holdings of the Scheme needs. However, at all times the portfolio will adhere to the overall investment objectives of the Scheme. Sector % Exposure Subject to the SEBI Regulations, the asset allocation pattern indicated above may change from time to time, keeping in view market conditions, market opportunities, applicable regulations and political and economic factors. These proportions can vary Financial services 51.75% substantially depending upon the perception of the fund manager; the intention being at all times to seek to protect the interests Cash & Cash Equivalent$ 19.86% of the Unit holders. Such changes in the investment pattern will be for short term and for defensive considerations only. In case Government of India 7.04% of deviation, the portfolio would be rebalanced within 30 days from the date of deviation. In case the same is not aligned to the Construction 6.94% above asset allocation pattern within 30 days, justification shall be provided to the Investment Committee and reasons for the same shall be recorded in writing. The Investment Committee shall then decide on the course of action. Metals 4.92% Power 4.78% 3. Risk Profile of the Scheme : Mutual Fund Units involve investment risks including the possible loss of principal. Cement & Cement Products 2.36% Please read the SID carefully for details on risk factors before investment. Services 2.35% Scheme specific Risk Factors are summarized below: The Scheme carries risks associated with investing in fixed income Total 100.00% securities, securitized debt and derivatives. Investment in fixed income securities are subject to risks including but not limited to interest rate risk, re-investment risk, basis risk, spread risk, liquidity risk, credit risk, duration risk and performance risk. $ Cash & Cash Equivalents includes Fixed Deposits, Net receivable/payable and TREPS Risk associated with Structured Obligations and imperfect hedging using interest rate futures The Scheme also carries risks Note: For latest monthly portfolio holdings of the Scheme, investors are requested to visit : associated with investments in the units of Real Estate Investment Trust (REIT) and Infrastructure Investment Trust (InvIT) and www.mahindramanulife.com/downloads. repo transactions in Corporate Debt Securities. Please refer the SID for detailed risk factors. 4. Investment Strategy: Refer Page No. 23; 5. Risk Mitigation Factors : Refer Page No. 25 (iii) Portfolio Turnover Ratio of the Scheme: Not Applicable
6 a. Plans Direct Plan (Default) Regular Plan 16. Expenses of the Scheme: Load structure - Refer Page 27, Recurring Expense - Refer Page 27 6 b. Options IDCW Growth (Default) 17. Waiver of load for Direct Applications: Not Applicable IDCW Option will have the following sub-options / facilities: 18. Tax Treatment for the Investors (Unitholders): Investors are advised to refer to the paragraph on ‘Taxation’ in the Statement of Additional Information and also independently Sub-Option / Facilities Frequency of IDCW Record Date Quantum of IDCW* refer to their tax advisor. Daily IDCW Reinvestment Every Business Day Entire distributable surplus as 19. Daily Net Asset Value (NAV) Publication: Refer Page 28 available on the record date, to Weekly IDCW Reinvestment Last Business Day of the the extent of increase in Net Asset 20. For Investor Grievances : Refer Page 28 IDCW Reinvestment Week Value on the record date over the 21. Unitholders’ Information : Refer Page 28 Net Asset Value on the previous record date (Ex NAV) *Or such other quantum of IDCW / Dividend as may be decided by the Dividend Distribution Committee (comprising of the officials of the AMC including CEO) constituted under Dividend Distribution Policy..
IDCW: Income Distribution cum Capital Withdrawal 16 MAHINDRA MANULIFE TOP 250 NIVESH YOJANA 6 a. Plans Regular Plan Direct Plan (Default) (Scheme Code : MMTNY) 6 b. Options/Sub- Growth (Default) IDCW options/Facilities - IDCW Payout 1. Investment Objective : The investment objective of the Scheme is to seek long term - IDCW Re-investment (Default) capital growth through investments in equity and equity related securities of both large cap and mid cap stocks. However, there can be no assurance that the investment objective In case of aforementioned IDCW option/sub-option(s)/facilities, the amounts can be of the Scheme will be achieved. distributed out of investors’ capital (Equalization Reserve), which is part of sale price that represents realized gains. 2. Asset Allocation pattern of the scheme : The Asset Allocation Pattern of the Scheme Refer page no. 29 for additional details under normal circumstances would be as under: Systematic Investment Plan (SIP) Available - Refer SID for details Instruments Indicative Allocation Risk Profile (% of net assets) Systematic Withdrawal Plan (SWP) Available - Refer SID for details Minimum Maximum High /Medium /Low Systematic Transfer Plan (STP), Available - Refer SID for details CASTP & Flex STP Equity and Equity related Securities^ 80 100 Medium to High a) Large Cap Companies* 35 65 Medium to High 7. Applicable NAV : Refer Page 26 b) Mid Cap Companies# 35 65 Medium to High 8. Minimum Application Amount / Number of Units Purchase : Rs. 1,000/- and in multiples of Re. 1/- thereafter c) Other than Large Cap and Mid Cap 0 30 Medium to High Additional Purchase : Rs. 1,000/- and in multiples of Re. 1/- thereafter Companies Repurchase : Rs. 1,000/- or 100 units or account balance, whichever is lower Debt and Money Market Securities (including 0 20 Low to Medium 9. Despatch of Repurchase (Redemption) Request : Refer Page 27 TREPS (Tri-Party Repo), Reverse Repo) 10. Benchmark Index : NIFTY Large Midcap 250 TRI Index Units issued by REITs & InvITs 0 10 Medium to High 11. Dividend Policy : Refer Page 27 ^ including derivative instruments to the extent of 50% of the Net Assets of the Scheme. Investment in derivatives 12. Name and Tenure of the Fund Manager : Mr. V Balasubramanian, managing this fund since December 30, 2019 (1 year 5 shall be for hedging, portfolio balancing and such other purposes as maybe permitted from time to time under the months )and Mr Manish Lodha,managing this fund since December 21,2020 (5 months) Regulations and subject to guidelines issued by SEBI/RBI from time to time. 13. Name of the Trustee Company : Mahindra Manulife Trustee Private Limited *Definition of Large Cap Companies: 1st – 100th company in terms of full Market Capitalization. 14. Performance of the Scheme : Refer page 36 #Definition of Mid Cap Companies: 101st – 250th company in terms of full Market Capitalization. 15. Additional Scheme Related Disclosures (April 30, 2021) For the purpose of this definition(s), the list of stocks prepared by AMFI in this regard will be adopted. (i) Top 10 Holdings of the Scheme The list of stocks to determine Large Cap and Mid Cap companies will be decided on a half yearly basis post release Issuer Name Percentage to Net Assets of the updated list of stocks by AMFI every six months which is based on the average full market capitalization data ICICI Bank Limited 5.68% of the previous six months of the stocks as on the end of June and December of each year. In case of deviation, the Reliance Industries Limited 4.14% portfolio of the Scheme would be rebalanced to bring it in line with the updated list within one month from the date State Bank of India 3.74% of release of the updated list of stocks by AMFI. HDFC Bank Limited 3.35% Subject to the Regulations and applicable regulatory guidelines as may be issued from time to time, the Scheme may Clearing Corporation of India Ltd 3.02% also engage in Securities Lending not exceeding 20% of the net assets of the Scheme. Sun Pharmaceutical Industries Limited 2.95% The Scheme shall not invest in securitised debt, credit default swaps and repos in corporate bonds. The Scheme does Housing Development Finance Corporation Limited 2.88% not propose to invest in foreign securities. The Scheme shall not engage in short selling. Infosys Limited 2.85% The cumulative gross exposure through investments in equity and equity related securities, debt securities, money Atul Limited 2.81% market instruments and exposure in derivatives’ positions shall not exceed 100% of the net assets of the Scheme. Larsen & Toubro Limited 2.67% Pursuant to SEBI circular No. SEBI/HO/IMD/DF2/CIR/P/2016/42 dated March 18, 2016, the Scheme may deploy TOTAL 34.09% NFO proceeds in Triparty Repo on Government securities or treasury bills (TREPS) before the closure of NFO period. ii) Sector wise Portfolio Holdings of the Scheme However, the AMC shall not charge any investment management and advisory fees on funds deployed in TREPS Sector % Exposure during the NFO period. Financial Services 30.31% Pending deployment of the funds in securities in terms of investment objective of the Scheme, the AMC may park the Industrial Manufacturing 10.17% funds of the Scheme in short term deposits of the Scheduled Commercial Banks, subject to the guidelines issued by IT 9.92% SEBI vide its circular dated April 16, 2007 and September 20, 2019, as may be amended from time to time. Pharma 6.77% All the investments by the Mutual Fund under the scheme shall be guided by investment restrictions as specified in Oil & Gas 6.54% SEBI (Mutual Funds) Regulations, 1996 from time to time. Chemicals 6.02% Subject to the SEBI Regulations, the asset allocation pattern indicated above may change from time to time, keeping Consumer Goods 5.62% Power 4.97% in view market conditions, market opportunities, applicable regulations and political and economic factors. These Cement & Cement Products 4.26% proportions can vary substantially depending upon the perception of the fund manager; the intention being at all Construction 3.93% times to seek to protect the interests of the Unit holders. Such changes in the investment pattern will be for short Metals 3.43% term and for defensive considerations only. In case of deviation, the portfolio would be rebalanced within 30 days Cash & Cash Equivalent$ 2.71% from the date of deviation. In case the same is not aligned to the above asset allocation pattern within 30 days, Automobile 2.61% justification shall be provided to the Investment Committee and reasons for the same shall be recorded in writing. Telecom 1.43% The Investment Committee shall then decide on the course of action. Healthcare Services 1.31% 3. Risk Profile of the Scheme : Mutual Fund Units involve investment risks including the possible loss of Total 100.00% principal. Please read the SID carefully for details on risk factors before investment. $ Cash & Cash Equivalents includes Fixed Deposits, Net receivable/payable and TREPS Scheme specific Risk Factors are summarized below: Investment in Mutual Fund Units involves investment For latest monthly portfolio holdings of the Scheme, investors are requested to visit risks such as trading volumes, settlement risk, liquidity risk, default risk including the possible loss of principal. The www.mahindramanulife.com/downloads Scheme carries risks associated with investing in equity, fixed income securities, securities lending and derivatives. (iii) Portfolio Turnover Ratio of the Scheme: 1.19 The Scheme also carries performance and risk associated with investments in Large and Mid Cap companies. 16. Expenses of the Scheme: Load structure - Refer Page 27, Recurring Expense - Refer Page 27 The Scheme also carries risks associated with investments in the units of Real Estate Investment Trust (REIT) and 17. Waiver of load for Direct Applications: Not Available Infrastructure Investment Trust (InvIT). The risks associated with the use of derivatives are different from or possibly greater than, the risks associated with investing directly in securities and other traditional investments. Derivative 18. Tax Treatment for the Investors (Unitholders): Investors are advised to refer to the products are leveraged instruments and can provide disproportionate gains as well as disproportionate losses to paragraph on ‘Taxation’ in the Statement of Additional Information and also independently refer to their tax advisor. the investor. Investment in fixed income securities are subject to risks including but not limited to interest rate risk, 19. Daily Net Asset Value (NAV) Publication: Refer Page 28 re-investment risk, basis risk, spread risk, liquidity risk, credit risk, duration risk. Please refer the SID for detailed risk factors. 20. For Investor Grievances : Refer Page 28 4. Investment Strategy: Refer Page No. 22; 5. Risk Mitigation Factors : Refer Page No. 25 21. Unitholders’ Information : Refer Page 28
IDCW: Income Distribution cum Capital Withdrawal 17 MAHINDRA MANULIFE ARBITRAGE YOJANA 6 a. Plans Regular Plan Direct Plan (Default) (Scheme Code : MMAY) 6 b. Options/Sub- Growth option (Default) IDCW option - IDCW Payout 1. Investment Objective : The investment objective of the Scheme is to generate income options/Facilities by predominantly investing in arbitrage opportunities in the cash and derivatives segment - IDCW Re-investment (Default) of the equity market and the arbitrage opportunities available within the derivative In case of aforementioned IDCW option/sub-option(s)/facilities, the amounts can be segment and by investing the balance in debt and money market instruments. However, distributed out of investors’ capital (Equalization Reserve), which is part of sale price that there can be no assurance that the investment objective of the Scheme will be achieved. represents realized gains. 2. Asset Allocation pattern of the scheme : The Asset Allocation Pattern of the Scheme Refer page no. 29 for additional details under normal circumstances would be as under: Systematic Investment Plan (SIP) Available - Refer SID for details Instruments Indicative Allocation Risk Profile (% of assets) Systematic Withdrawal Plan (SWP) Available - Refer SID for details Minimum Maximum High/Medium/Low Systematic Transfer Plan (STP), Available - Refer SID for details Equity & Equity related instruments including 65 100 Medium to High CASTP & Flex STP Equity Derivatives* 7. Applicable NAV : Refer Page 26 Debt and Money Market Securities (including 0 35 Low to Medium 8. Minimum Application Amount / Number of Units TREPS (Tri-Party Repo), Reverse Repo) Purchase : Rs. 1,000/- and in multiples of Re. 1/- thereafter Units issued by REITs & InvITs 0 10 Medium to High Additional Purchase : Rs. 1,000 and in multiples of Re. 1/- thereafter If the arbitrage opportunities in the market are not available / negligible or returns are lower than alternative Repurchase : Rs. 1,000/- or 100 units or account balance, whichever is lower investment opportunities as per the allocation pattern, then the Fund Manager may choose to follow an alternate 9. Despatch of Repurchase (Redemption) Request : Refer Page 27 asset allocation, keeping in view the interest of the unitholders. In such defensive circumstances, the asset allocation 10. Benchmark Index : Nifty 50 Arbitrage Index TRI of the Scheme will be as per the below table: 11. Dividend Policy : Refer Page 27 Indicative Allocation Risk Profile Instruments 12. Name and Tenure of the Fund Manager : Mr. V Balasubramanian, managing this fund since October 16, 2020 (7 months) (% of assets) Mr. Manish Lodha, managing this fund since December 21, 2020 (5 months) & Mr. Rahul Pal, managing this fund since August Minimum Maximum High/Medium/Low 24, 2020( 9 months) Equity & Equity related instruments including 0 65 Medium to High 13. Name of the Trustee Company : Mahindra Manulife Trustee Private Limited Equity Derivatives * 14. Performance of the Scheme : Refer Page 36 Debt and Money Market Securities (including 35 100 Low to Medium 15. Additional Scheme Related Disclosures (April 30, 2021) TREPS (Tri-Party Repo), Reverse Repo) (i) Top 10 Holdings of the Scheme Units issued by REITs & InvITs 0 10 Medium to High * The Scheme will use derivatives (including index futures, stock futures, index options and stock options) as part of the Issuer Name Percentage to Net Assets arbitrage strategy of the Scheme and subject to guidelines issued by SEBI from time to time. The exposure to derivatives Mahindra Manulife Mutual Fund 16.14% shown in the above asset allocation table shall be a hedged exposure taken against the underlying equity investments i.e. in case the Scheme shall have a long position in a security and a corresponding short position in the same security in a different Jindal Steel & Power Limited 7.85% segment, then the exposure for the purpose of asset allocation will be counted only for the long position, in terms of SEBI ICICI Bank Limited 7.83% Circular No. Cir/ IMD/ DF/ 11 / 2010 dated August 18, 2010. Asian Paints Limited 7.22% The margin money deployed on derivative positions would be included in the Debt and Money Market instruments category. Adani Ports and Special Economic Zone Limited 6.18% The total exposure related to option premium paid shall not exceed 20% of the net assets of the Scheme. Maruti Suzuki India Limited 6.12% The Scheme may undertake repo / reverse repo transactions in corporate debt securities in accordance with the directions issued by RBI and SEBI from time to time. Such investment shall be made subject to the guidelines which Tata Power Company Limited 5.87% may be prescribed by the Board of Directors of the AMC and Trustee Company and subject to following exposure limits: Reliance Industries Limited 5.74% a. The gross exposure of the Scheme to repo transactions in corporate debt securities shall not be more than 10 % of Infosys Limited 5.23% the net assets of the Scheme. Lupin Limited 3.69% b. The cumulative gross exposure through investments in equity and equity related securities, repo transactions in corporate debt securities alongwith investments in debt securities, money market instruments, units issued by TOTAL 71.87% REITs & InvITs and exposure in derivatives’ positions shall not exceed 100% of the net assets of the Scheme. The Scheme shall not invest in securitised debt, debt instruments having structured obligations / credit (ii) Sector wise Portfolio Holdings of the Scheme enhancements and credit default swaps. The Scheme does not propose to invest in foreign securities. The Scheme Sector % Exposure shall not engage into securities lending and borrowing. $ Pursuant to SEBI circular No. SEBI/HO/IMD/DF2/CIR/P/2016/42 dated March 18, 2016, the Scheme may deploy NFO Cash & Cash Equivalent 17.14% proceeds in Triparty Repo on Government securities or treasury bills (TREPS) before the closure of NFO period. However, the Mutual Fund 16.14% AMC shall not charge any investment management and advisory fees on funds deployed in TREPS during the NFO period. Financial Services 10.77% Pending deployment of the funds in securities in terms of investment objective of the Scheme, the AMC may park the funds of the Scheme in short term deposits of the Scheduled Commercial Banks, subject to the guidelines issued by Metals 9.39% SEBI vide its circular dated April 16, 2007 and September 20, 2019, as may be amended from time to time. Consumer Goods 8.13% All the investments by the Mutual Fund under the Scheme shall be guided by investment restrictions as specified in Pharma 6.50% SEBI (Mutual Funds) Regulations, 1996 from time to time. Services 6.18% Subject to the SEBI Regulations, the asset allocation pattern indicated above may change from time to time, keeping in view market conditions, market opportunities, applicable regulations and political and economic factors. These Automobile 6.12% proportions can vary substantially depending upon the perception of the fund manager; the intention being at all Power 5.87% times to seek to protect the interests of the Unit holders. Such changes in the investment pattern will be for short IT 5.87% term and for defensive considerations only. In case of deviation, the portfolio would be rebalanced within 30 days from the date of deviation. In case the same is not aligned to the above asset allocation pattern within 30 days, Oil & gas 5.74% justification shall be provided to the Investment Committee and reasons for the same shall be recorded in writing. Chemicals 2.15% The Investment Committee shall then decide on the course of action. TOTAL 100.00% 3. Risk Profile of the Scheme : Mutual Fund Units involve investment risks including the possible loss of $ Cash & Cash Equivalents includes Fixed Deposits, Net receivable/payable and TREPS principal. Please read the SID carefully for details on risk factors before investment. Note: For latest monthly portfolio holdings of the Scheme, investors are requested to visit : Scheme specific Risk Factors are summarized below: www.mahindramanulife.com/downloads. Investment in Mutual Fund Units involves investment risks such as trading volumes, settlement risk, liquidity risk, (iii) Portfolio Turnover Ratio of the Scheme: 8.27 default risk including the possible loss of principal. The Scheme carries a scheme specific risk associated with the Scheme’s Arbitrage Strategies. The Scheme carries risks associated with investing in equity, fixed income securities 16. Expenses of the Scheme: Load structure - Refer Page 27, Recurring Expense - Refer Page 27 and derivatives. The Scheme also carries performance risk. The Scheme also carries risks associated with investments in the units of Real Estate Investment Trust (REIT) and Infrastructure Investment Trust (InvIT), Tri-party Repo (TREPS) 17. Waiver of load for Direct Applications: Not Applicable through CCIL and repo transactions in Corporate Debt Securities. The risks associated with the use of derivatives are different from or possibly greater than, the risks associated with investing directly in securities and other 18. Tax Treatment for the Investors (Unitholders): Investors are advised to refer to the paragraph on ‘Taxation’ in the Statement of Additional Information and also independently traditional investments. Derivative products are leveraged instruments and can provide disproportionate gains as refer to their tax advisor. well as disproportionate losses to the investor. Investment in fixed income securities are subject to risks including but not limited to interest rate risk, re-investment risk, basis risk, spread risk, liquidity risk, credit risk, duration risk. 19. Daily Net Asset Value (NAV) Publication: Refer Page 28 The Scheme also carries risks associated with segregated portfolio and risks associated with potential change in Tax structure. Please refer the SID for detailed risk factors. 20. For Investor Grievances : Refer Page 28 4. Investment Strategy: Refer Page No.24; 5. Risk Mitigation Factors : Refer Page No. 25 21. Unitholders’ Information : Refer Page 28
IDCW: Income Distribution cum Capital Withdrawal 18 MAHINDRA MANULIFE FOCUSED EQUITY YOJANA 6 a. Plans Regular Plan Direct Plan (Default) (Scheme Code : MMFEY) 6 b. Options/Sub- Growth option (Default) IDCW option - IDCW Payout 1. Investment Objective : The investment objective of the scheme is to generate long options/Facilities - IDCW Re-investment (Default) term capital appreciation by investing in a concentrated portfolio of equity & equity related instruments of maximum 30 companies across market capitalisation. However, there can be In case of aforementioned IDCW option/sub-option(s)/facilities, the amounts can be no assurance that the investment objective of the Scheme will be achieved. distributed out of investors’ capital (Equalization Reserve), which is part of sale price that represents realized gains. Refer page no. 29 for additional details 2. Asset Allocation pattern of the scheme : The Asset Allocation Pattern of the Scheme under normal circumstances would be as under: Systematic Investment Plan (SIP) Available - Refer SID for details
Instruments Indicative Allocation Risk Profile Systematic Withdrawal Plan (SWP) Available - Refer SID for details (% of assets) Systematic Transfer Plan (STP), Available - Refer SID for details Minimum Maximum High/Medium/Low CASTP & Flex STP 7. Applicable NAV : Refer Page 26 Equity and Equity related Securities$^ 65 100 High 8. Minimum Application Amount / Number of Units Debt and Money Market Securities 0 35 Low to Purchase : Rs. 1,000/- and in multiples of Re. 1/- thereafter (including TREPS (Tri-Party Repo), Reverse Medium Additional Purchase : Rs. 1,000 and in multiples of Re. 1/- thereafter Repo) Repurchase : Rs. 1,000/- or 100 units or account balance, whichever is lower 9. Despatch of Repurchase (Redemption) Request : Refer Page 27 Units issued by REITs & InvITs 0 10 Medium to High 10. Benchmark Index : NSE 500 TRI Index 11. Dividend Policy : Refer Page 27 $ Subject to overall limit of 30 stocks across market capitalization. 12. Name and Tenure of the Fund Manager : Mr. Krishna Sanghavi, managing this fund since Nov 17, 2020 (6 months) ^ including derivative instruments to the extent of 50% of the Net Assets of the Scheme. Investment in derivatives Mrs. Fatema Pacha, managing this fund since Dec 21, 2020 ( 5 months) shall be for hedging, portfolio balancing and such other purposes as maybe permitted from time to time under the 13. Name of the Trustee Company : Mahindra Manulife Trustee Private Limited Regulations and subject to guidelines issued by SEBI/RBI from time to time. 14. Performance of the Scheme : Refer Page 36 15. Additional Scheme Related Disclosures (April 30, 2021) Subject to the Regulations and applicable regulatory guidelines as may be issued from time to time, the Scheme may also engage in securities lending not exceeding 20% of the net assets of the Scheme. (i) Top 10 Holdings of the Scheme The Scheme shall not invest in securitised debt, debt instruments having Structured Obligations / Credit Issuer Name Percentage to Net Assets Enhancements, credit default swaps and repos in corporate bonds. The Scheme does not propose to invest in foreign ICICI Bank Limited 8.76% securities. The Scheme shall not engage in short selling. Infosys Limited 8.13% The cumulative gross exposure through investments in equity and equity related securities, debt securities, money Reliance Industries Limited 7.74% market instruments, units issued by REITs & InvITs and exposure in derivatives’ positions shall not exceed 100% of Housing Development Finance Corporation Limited 7.05% the net assets of the Scheme. State Bank of India 5.37% Kotak Mahindra Bank Limited 5.19% Pursuant to SEBI circular No. SEBI/HO/IMD/DF2/CIR/P/2016/42 dated March 18, 2016, the Scheme may deploy NFO proceeds in Triparty Repo on Government securities or treasury bills (TREPS) before the closure of NFO period. Bharti Airtel Limited 5.05% However, the AMC shall not charge any investment management and advisory fees on funds deployed in TREPS Grasim Industries Limited 3.65% during the NFO period. Hindustan Unilever Limited 3.17% Max Financial Services Limited 2.62% Pending deployment of the funds in securities in terms of investment objective of the Scheme, the AMC may park the TOTAL 56.73% funds of the Scheme in short term deposits of the Scheduled Commercial Banks, subject to the guidelines issued by SEBI vide its circular dated April 16, 2007 and September 20, 2019, as may be amended from time to time. (ii) Sector wise Portfolio Holdings of the Scheme All the investments by the Mutual Fund under the scheme shall be guided by investment restrictions as specified in Sector % Exposure SEBI (Mutual Funds) Regulations, 1996 from time to time. Financial services 30.97% Subject to the SEBI Regulations, the asset allocation pattern indicated above may change from time to time, keeping IT 14.69% in view market conditions, market opportunities, applicable regulations and political and economic factors. These Consumer goods 8.77% proportions can vary substantially depending upon the perception of the fund manager; the intention being at all OIL & GAS 7.74% times to seek to protect the interests of the Unit holders. Such changes in the investment pattern will be for short Cement & cement products 7.62% term and for defensive considerations only. In case of deviation, the portfolio would be rebalanced within 30 days Pharma 6.54% from the date of deviation. In case the same is not aligned to the above asset allocation pattern within 30 days, Telecom 5.05% justification shall be provided to the Investment Committee and reasons for the same shall be recorded in writing. Cash & Cash Equivalent$ 4.67% The Investment Committee shall then decide on the course of action. Automobile 4.05% Metals 2.55% Chemicals 2.04% 3. Risk Profile of the Scheme : Mutual Fund Units involve investment risks including the possible loss of Healthcare services 1.81% principal. Please read the SID carefully for details on risk factors before investment. Paper and jute 1.79% Scheme specific Risk Factors are summarized below: Industrial manufacturing 1.71% TOTAL 100.00% Investment in Mutual Fund Units involves investment risks such as trading volumes, settlement risk, liquidity risk, default risk including the possible loss of principal. The Scheme carries a scheme specific risk – concentration $ Cash & Cash Equivalents includes Fixed Deposits, Net receivable/payable and TREPS portfolio risk. The Scheme carries risks associated with investing in equity, fixed income securities, securities lending Note: For latest monthly portfolio holdings of the Scheme, investors are requested to visit : www.mahindramanulife.com/downloads. and derivatives. The Scheme also carries performance risk. The Scheme also carries risks associated with investments (iii) Portfolio Turnover Ratio of the Scheme: 0.63 in the units of Real Estate Investment Trust (REIT) and Infrastructure Investment Trust (InvIT). The risks associated with the use of derivatives are different from or possibly greater than, the risks associated with investing directly 16. Expenses of the Scheme: Load structure - Refer Page 27, Recurring Expense - Refer Page 27 in securities and other traditional investments. Derivative products are leveraged instruments and can provide 17. Waiver of load for Direct Applications: Not Applicable disproportionate gains as well as disproportionate losses to the investor. Investment in fixed income securities are subject to risks including but not limited to interest rate risk, re-investment risk, basis risk, spread risk, liquidity risk, 18. Tax Treatment for the Investors (Unitholders): Investors are advised to refer to the paragraph on ‘Taxation’ in the Statement of Additional Information and also independently credit risk, duration risk. The Scheme also carries risks associated with segregated portfolio. Please refer the SID for refer to their tax advisor. detailed risk factors. 19. Daily Net Asset Value (NAV) Publication: Refer Page 28 4. Investment Strategy: Refer Page No.23; 5. Risk Mitigation Factors : Refer Page No. 25 20. For Investor Grievances : Refer Page 28 21. Unitholders’ Information : Refer Page 28
IDCW: Income Distribution cum Capital Withdrawal 19 MAHINDRA MANULIFE SHORT TERM FUND credit risk, duration risk and performance risk. The Scheme also carries risks associated with investments in the units of Real Estate Investment Trust (REIT) and Infrastructure Investment Trust (InvIT), Tri-party Repo (TREPS) through (Scheme Code : MMSTF) CCIL, repo transactions in Corporate Debt Securities. The Scheme also carries risks associated with segregated 1. Investment Objective : The investment objective of the Scheme is to generate income portfolio, structured obligation/credit enhancements and imperfect hedging using interest rate futures. Please refer and capital appreciation through an actively managed diversified portfolio of Debt & the SID for detailed risk factors. Money Market instruments such that the Macaulay duration of the portfolio is between 4. Investment Strategy: Refer Page No. 24; 5. Risk Mitigation Factors : Refer Page No. 25 1 year to 3 years. However, there is no assurance or guarantee that the investment objective Regular Plan Direct Plan (Default) of the Scheme will be achieved. The Scheme does not assure or guarantee any returns. 6 a. Plans 6 b. Options/Sub- Growth option (Default) IDCW option 2. Asset Allocation pattern of the scheme : Under normal circumstances the asset options/Facilities - IDCW Payout allocation pattern will be: - IDCW Re-investment (Default) Instruments Indicative Allocation Risk Profile (% of net assets) In case of aforementioned IDCW option/sub-option(s)/facilities, the amounts can be distributed out of investors’ capital (Equalization Reserve), which is part of sale price that Minimum Maximum Low/Medium/High represents realized gains. Debt*and Money Market Instruments^ 0 100 Low to Medium Refer page no. 29 for additional details Units issued by REITs & InvITs 0 10 Medium to High Systematic Investment Plan (SIP) Available - Refer SID for details *Includes securitized debt (excluding foreign securitized debt) and debt instruments having structured obligations/ credit enhancements (such as corporate / promoter guarantee, conditional and contingent liabilities, covenants, Systematic Withdrawal Plan (SWP) Available - Refer SID for details pledge and / or Non Disposal Undertaking of shares etc) upto 35% of the net assets of the Scheme. Systematic Transfer Plan (STP), Available - Refer SID for details Further, the investment by the Scheme in the following instruments shall not exceed 10% of the debt portfolio of CASTP & Flex STP the scheme and the group exposure in such instruments shall not exceed 5% of the debt portfolio of the scheme: 7. Applicable NAV : Refer Page 26 a. Unsupported rating of debt instruments (i.e. without factoring-in credit enhancements) is below investment grade and 8. Minimum Application Amount / Number of Units b. Supported rating of debt instruments (i.e. after factoring-in credit enhancement) is above investment grade. Purchase : Rs. 1,000/- and in multiples of Re. 1/- thereafter Additional Purchase : Rs. 1,000 and in multiples of Re. 1/- thereafter For the purpose of this provision, ‘Group’ shall have the same meaning as defined in paragraph B(3)(b) of SEBI Circular No.SEBI/HO/IMD/DF2/CIR/P/2016/35 dated February 15, 2016. Repurchase : Rs. 1,000/- or 100 unit or account balance, whichever is lower These limits shall not be applicable on investments in securitized debt instruments, as defined in SEBI (Public Offer 9. Despatch of Repurchase (Redemption) Request : Refer Page 27 and Listing of Securitized Debt Instruments) Regulations 2008. Investment in debt instruments, having credit enhancements backed by equity shares directly or indirectly, shall 10. Benchmark Index : CRISIL Short Term Bond Fund Index have a minimum cover of 4 times considering the market value of such shares. 11. Dividend Policy : Refer Page 27 Investment in Derivatives – up to 20% of the net assets of the Scheme. Investment in derivatives shall be for hedging, portfolio balancing and such other purposes as maybe permitted from time to time. 12. Name and Tenure of the Fund Manager : Mr. Rahul Pal, managing the fund since February 23, 2021 (3 months) and Pursuant to SEBI Circular No. SEBI/HO/IMD/DF3/CIR/P/2020/229 dated November 6, 2020 the Scheme shall hold at Mr. Kush Sonigara (Dedicated Fund Manager for Overseas Investments), managing since February 23, 2021 (3months) least 10% of its net assets in liquid assets. For this purpose, “liquid assets” shall include Cash, Government Securities, T-bills and Repo on Government Securities. Further, in case, the exposure in such liquid assets falls below 10% of net 13. Name of the Trustee Company : Mahindra Manulife Trustee Private Limited assets of the Scheme, the AMC will ensure compliance with the above mentioned requirement before making any 14. Performance of the Scheme : Refer Page 36 further investments. The Scheme may invest in foreign securities upto 25% of the net assets of the Scheme. The Scheme intends to invest 15. Additional Scheme Related Disclosures (April 30, 2021) US$ 5 million in Overseas securities within six months from the date of the closure of the New Fund Offer (NFO) of the (i) Top 10 Holdings of the Scheme Scheme. Thereafter, the Scheme shall invest in Overseas securities as per the limits available to ‘Ongoing Schemes’ in terms of the SEBI Circular No. SEBI/HO/IMD/DF3/CIR/P/2020/225 dated November 5, 2020. The Scheme may invest in Issuer Name Percentage to Net Assets Credit Default Swaps (CDS) in accordance with SEBI Circular No. CIR/IMD/DF/23/2012 dated November 15, 2012. Government of India 29.15% The Scheme may undertake repo / reverse repo transactions in corporate debt securities in accordance with the directions issued by RBI and SEBI from time to time. Such investment shall be made subject to the guidelines which Clearing Corporation of India Ltd 11.18% may be prescribed by the Board of Directors of the AMC and Trustee Company and subject to following exposure limits: Power Finance Corporation Limited 6.78% a. The gross exposure of the Scheme to repo transactions in corporate debt securities shall not be more than 10 % REC Limited 6.68% of the net assets of the Scheme. b. The cumulative gross exposure through repo transactions in corporate debt securities alongwith investments in National Bank For Agriculture and Rural Development 6.52% debt securities, money market instruments, units issued by REITs & InvITs and exposure in derivatives’ positions Housing Development Finance Corporation Limited 6.52% shall not exceed 100% of the net assets of the Scheme. IIFL Wealth Management Limited 6.43% The Macaulay Duration of the portfolio of the Scheme will be maintained between 1 year to 3 years. For the concept of Macaulay Duration, please refer section ‘Investment Strategy’ TATA Realty & Infrastructure Limited 6.34% The Scheme shall not engage into securities lending and borrowing. JM Financial Services Limited 6.34% All the investments by the Mutual Fund under the Scheme shall be guided by investment restrictions as specified in AU Small Finance Bank Limited 6.20% SEBI (Mutual Funds) Regulations, 1996 from time to time. TOTAL 92.14% Pursuant to SEBI circular No. SEBI/HO/IMD/DF2/CIR/P/2016/42 dated March 18, 2016, the Scheme may deploy NFO proceeds in Triparty Repo on Government securities or treasury bills (TREPS) before the closure of NFO period. However, the AMC shall not charge any investment management and advisory fees on funds deployed in TREPS (ii) Sector wise Portfolio Holdings of the Scheme during the NFO period. Sector % Exposure Pending deployment of the funds in securities in terms of investment objective of the Scheme, the AMC may park the Financial Services 49.34% funds of the Scheme in short term deposits of the Scheduled Commercial Banks, subject to the guidelines issued by SEBI vide its circular dated April 16, 2007 and September 20, 2019, as may be amended from time to time. Government of India 29.15% The Scheme retains the flexibility to invest across all the securities in the debt and Money Market Instruments. The Cash & Cash Equivalent$ 11.82% fund manager can use Derivative instruments to protect from the downside risk. Construction 6.34% The Scheme may also invest in units of debt and liquid mutual fund schemes of the Fund without charging any fees, provided that the aggregate inter-scheme investment made by all the schemes under the same management Power 3.35% or in schemes under the management of any other asset management company shall not exceed 5% of the Net TOTAL 100.00% Asset Value of the Fund. Further, the Scheme shall invest only in those debt and liquid schemes of the Fund whose Macaulay Duration of the portfolio is lower or in line with the Macaulay Duration of the portfolio of the Scheme. $ Cash & Cash Equivalents includes Fixed Deposits, Net receivable/payable and TREPS The Scheme may review the above pattern of investments based on views on interest rates and asset liability Note: For latest monthly portfolio holdings of the Scheme, investors are requested to visit : management needs. However, at all times the portfolio will adhere to the overall investment objectives of the Scheme. www.mahindramanulife.com/downloads. Subject to the SEBI Regulations, the asset allocation pattern indicated above may change from time to time, keeping in view market conditions, market opportunities, applicable regulations and political and economic factors. These (iii) Portfolio Turnover Ratio of the Scheme: Not Applicable proportions can vary substantially depending upon the perception of the fund manager; the intention being at all 16. Expenses of the Scheme: Load structure - Refer Page 27, Recurring Expense - Refer Page 27 times to seek to protect the interests of the Unit holders. Such changes in the investment pattern will be for short term and for defensive considerations only. In case of deviation, the portfolio would be rebalanced within 30 days 17. Waiver of load for Direct Applications: Not Applicable from the date of deviation. In case the same is not aligned to the above asset allocation pattern within 30 days, justification shall be provided to the Investment Committee and reasons for the same shall be recorded in writing. 18. Tax Treatment for the Investors (Unitholders): Investors are advised to refer to the paragraph on ‘Taxation’ in the Statement of Additional Information and also independently The Investment Committee shall then decide on the course of action. refer to their tax advisor. 3. Risk Profile of the Scheme : Mutual Fund Units involve investment risks including the possible loss of 19. Daily Net Asset Value (NAV) Publication: Refer Page 28 principal. Please read the SID carefully for details on risk factors before investment. 20. For Investor Grievances : Refer Page 28 Scheme specific Risk Factors are summarized below: The Scheme carries risks associated with investing in fixed income securities, securitized debt, foreign securities and derivatives. Investment in fixed income securities are 21. Unitholders’ Information : Refer Page 28 subject to risks including but not limited to interest rate risk, re-investment risk, basis risk, spread risk, liquidity risk,
IDCW: Income Distribution cum Capital Withdrawal 20 INVESTMENT STRATEGIES & RISK MITIGATION FACTORS
Investment Strategies Macaulay Duration - Calculation 1. Mahindra Manulife Liquid Fund To achieve the investment objective of the Scheme, the Fund shall be managed to generate reasonable returns commensurate with low risk. The Scheme is positioned at the lowest level of risk-return matrix, which will be the guiding line to make suitable investments with low risk. Where: The Scheme will invest predominantly in money market securities with some allocation l t = respective time period towards other debt securities to enhance the portfolio return. The portfolio, for managing the l C = periodic coupon payment liquidity will be structured using the matrix of asset liability management whereby maturity of l y = periodic yield the assets will seek to align with historical observed trends of liabilities. The Scheme will seek to generate reasonable return along with maintaining liquidity with the help of cash and cash l n = total number of periods equivalent instruments. l M = maturity value The fund manager will seek to play out the yield curve and exploit anomalies if any in portfolio l Current Bond Price = Present value of cash flows construction after analysing the macro-economic environment including future course of Key Assumptions system liquidity, interest rates and inflation along with other considerations in the economy 1. Macaulay Duration measures interest rate risk accurately only for instruments where cash and markets. flows do not change with change in the yield (i.e. for plain vanilla instruments and not for The investment team of the AMC will, as a mitigation and risk control procedure, carry out instruments with embedded options). rigorous credit evaluation of the issuer company proposed to be invested in. The credit 2. Macaulay Duration assumes yield curve is flat and so cash flows are reinvested at constant evaluation will analyse the operating environment of the issuer, the sector analysis, business YTM rate over the instrument’s period. model, management, governance practices, quality of the financials, the past track record as 3. Macaulay Duration does not consider the fact that duration does not remain constant and well as the future prospects of the issuer and the financial health of the issuer. Please refer SID duration changes with level of YTM rates. for detailed investment strategy. Example Calculation 2. Mahindra Manulife ELSS Kar Bachat Yojana Assume a bond paying 10% coupon, matures in three years. Yield to maturity is at 10%. The The fund manager will follow an active management style. The Scheme will focus on creating an bond pays coupon annually, and pays the principal on the final payment. Given this, the appropriate diversified portfolio of companies with a long term perspective. The Scheme will following cash flows are expected over the next three years: follow a top down approach to select sectors and follow a bottom up approach to pick stocks across Period Cash flow the sectors based on the growth and value opportunities available across sectors and stocks. Year 1 Rs.100 The Scheme by utilizing a holistic risk management strategy will endeavour to manage risks associated with investing in equity markets. The Scheme has identified the following risks Year 2 Rs.100 and designed risk management strategies, which are embedded in the investment process to Year 3 Rs.1100 manage these risks: With the periods and the cash flows known, a discount factor must be calculated for each a. Quality risk – Risk of investing in unsustainable/weak companies period. This is calculated as 1 / (1 + r)^n, where r is the interest rate and n is the period number b. Price risk - Risk of overpaying for a company in question. Thus the discount factors would be: c. Liquidity risk- High impact cost of entry and exit Period Discount Factor Formula Results 1 d. Volatility risk –Volatility in price due to company or portfolio specific factors Year 1 1 / (1 + 10%) 0.909 2 e. Event risk - Price risk due to a company/sector specific or market event Year 2 1 / (1 + 10%) 0.826 3 Please refer SID for detailed investment strategy. Year 3 1 / (1 + 10%) 0.751 3. Mahindra Manulife Low Duration Fund Next, multiply the period’s cash flow by the period number and by its corresponding discount factor to find the present value of the cash flow: In terms of the risk-return profile of the Scheme, the Scheme is positioned above the liquid fund but lower than the short term fund. Hence the portfolio strategy will seek to generate Period Weighted Present Value of Cash flow Results return by having a marginally higher maturity and moderately higher credit risk. The Scheme Year 1 1 * Rs.100 * 0.909 90.9 shall however maintain balance between safety and liquidity. Year 2 2 * Rs.100 * 0.826 165.3 The fund manager will seek to play out the yield curve and exploit anomalies if any in portfolio Year 3 3 * Rs.1100 * 0.751 2479.3 construction after analysing the macro-economic environment including future course of Sum 2735.5 (numerator) system liquidity, interest rates and inflation along with other considerations in the economy Sum of PV Cash Flows = 100/(1 + 10%)1 + 100/(1 + 10%)2 + 1100/(1 + 10%)3 = Rs.1000 and markets. (denominator) The Scheme will seek to generate higher returns than liquid fund, hence will tactically invest / Macaulay duration = Rs.2735.5 / Rs.1000 = 2.74 exit in higher maturity instruments, which will have a mark to market impact on the Scheme, Please refer SID for detailed investment strategy. thereby making it moderately more volatile than the liquid fund. The initiation of the tactical 4. Mahindra Manulife Equity Savings Dhan Sanchay Yojana allocation by the fund manager will be according to market conditions to generate alpha. The Scheme may also initiate moderately higher risk credit risk trades, as compared to a liquid fund, Equity Strategy: The fund manager will follow an active management style. The Scheme will after following a robust credit risk evaluation process. focus on creating an appropriate diversified portfolio of companies with a long term perspective. The Scheme will follow a top down approach to select sectors and follow a bottom up approach The investment team of the AMC will, as a mitigation and risk control procedure, carry out to pick stocks across the sectors based on appropriate business environment, business model rigorous credit evaluation of the issuer company proposed to be invested in. The credit and execution capability. The Scheme will focus on extensive macro and micro research to evaluation will analyse the operating environment of the issuer, the sector analysis, business identify appropriate economic environment and reasonable price entry and exit points. model, management, governance practices, quality of the financials, the past track record as The Scheme by utilizing a holistic risk management strategy will endeavour to manage risks well as the future prospects of the issuer and the financial health of the issuer. associated with investing in equity markets. The Scheme has identified the following risks Concept of Macaulay Duration and designed risk management strategies, which are embedded in the investment process to Macaulay duration measures the average time that would be taken to receive the cash flows manage these risks: from the invested instrument. It is the weighted average term to maturity of the cash flows a. Quality risk – Risk of investing in unsustainable/weak companies from an instrument. The weight of each cash flow is determined by dividing the present value b. Price risk - Risk of overpaying for a company of the cash flow by the price. Macaulay duration is a measure of interest rate sensitivity of a c. Liquidity risk- High impact cost of entry and exit fixed income instrument. Higher the Macaulay duration, higher would be the interest rate risk. d. Volatility risk –Volatility in price due to company or portfolio specific factors Macaulay duration of a portfolio is the asset weighted average of the Macaulay duration of e. Event risk - Price risk due to a company/sector specific or market event individual bonds / securities in the portfolio. The table below illustrates the calculation of Fixed Income Strategy portfolio Macaulay duration. In terms of the risk-return profile of the Scheme, the Scheme is positioned to generate long Portfolio Amount % of Macaulay Weighted Average term income with accrual and capital appreciation. Hence the portfolio strategy will seek to generate return by balancing the maturity and credit profile to compensate for the risk as per (crores) portfolio (A) Duration (B) (C)=(A*B) the objectives of the Scheme. Instrument 1 10 33.33% 2 0.67 The fund manager will seek to play out the anticipated movement in the interest rate by Instrument 2 10 33.33% 3 1.00 changing the maturity of the underlying portfolio, and also anticipated change in the term Instrument 3 10 33.33% 4 1.33 structure (flattening /steepening) of the yield curve in the portfolio construction after analysing the macro-economic environment including future course of system liquidity, Total 30 100% Portfolio Macaulay Duration 3# interest rates and inflation along with other considerations in the economy and markets. The #Sum of column C fund manager will also seek to play the anticipated change in credit spreads based on historical
21 spread analysis and also an analysis of the credit of the issuer. The fund manager will seek to this segment rather than an expansion of the existing segment of the population which is generate alpha by investing in papers giving superior returns after in depth analysis of micro already a part of the financial mainstream. As the vast majority of the ‘financially excluded’ and macro factors. are in the rural, the transformation happening in this space will be driven by Rural India. The investment team of the AMC will, as a mitigation and risk control procedure, carry out List of investible sectors given above are indicative. In addition to the above, the Scheme may rigorous credit evaluation of the issuer company proposed to be invested in. The credit also invest in any other sectors that are likely to benefit out of activity in rural India in future due evaluation will analyse the operating environment of the issuer, the sector analysis, business to rural growth oriented policies adopted by the government or introduction of new reforms. model, management, governance practices, quality of the financials, the past track record as Please refer SID for detailed investment strategy. well as the future prospects of the issuer and the financial health of the issuer. Cash-Futures Arbitrage Strategy: The Cash- Futures strategy can be employed when the 8. Mahindra Manulife Dynamic Bond Yojana price of the futures exceeds the price of the underlying stock. The fund would first buy the The Scheme seeks to generate returns for its investors through an active management of stocks in cash market and then sell in the futures market to lock the spread known as arbitrage its portfolio of debt and money market instruments. The active management would involve return. This would result into a hedge where the fund have locked in a spread and is not changing the duration of the portfolio, changing the allocation between corporate debt securities affected by the price movement of cash market and futures market. The arbitrage position can and gilts and positioning for exploiting any anomalies in the term structure of the yield curve. be continued till expiry of the future contracts or could even be closed earlier depending upon The Fund Manager will initiate and manage the portfolio after analyzing the macro-economic the opportunity in the market. environment including future course of system liquidity, interest rates and inflation along with Please refer SID for detailed investment strategy. other considerations in the economy and markets. The Fund Manager will also seek to play the movement in the credit spreads and also look at the term structure of the credit curve while 5. Mahindra Manulife Multi Cap Badhat Yojana deciding on the portfolio allocation. The Fund Manager may also initiate tactical allocation in the The fund manager will follow an active management style. The Scheme will focus on creating portfolio according to the prevalent market conditions in order to generate alpha in the Scheme. an appropriate diversified portfolio of companies with a long term perspective. The Scheme will The investment team of the AMC will, as a mitigation and risk control procedure, carry out follow a top down approach to select sectors and follow a bottom up approach to pick stocks rigorous credit evaluation of the issuer company proposed to be invested in. The credit across the sectors based on the quality of business model and quality of management. Quality of evaluation will analyse the operating environment of the issuer, the sector analysis, business business model and quality of management will be assessed by: a) profitable & profitable growth model, management, governance practices, quality of the financials, the past track record as in good or bad cycles; b) Optimum utilization of capital; c) leadership shown in the industry in well as the future prospects of the issuer and the financial health of the issuer. which they operate; and d) track record of consistent & long term execution potential. The investment team follows Risk Guard process - an internal research and process framework The Scheme by utilizing a holistic risk management strategy will endeavour to manage risks that focusses on the quality of business, financial and management, for security selection and associated with investing in equity markets. The Scheme has identified the following risks monitoring. Also as a part of the risk mitigation framework, the investment team would keep and designed risk management strategies, which are embedded in the investment process to adequate liquidity buffers in form of liquid securities to manage any drawdowns. manage these risks: a. Quality risk – Risk of investing in unsustainable/weak companies 9. Mahindra Manulife Large Cap Pragati Yojana b. Price risk - Risk of overpaying for a company The fund manager will follow an active management style. The Scheme will focus on creating an appropriate diversified portfolio of companies with a long term perspective. The Scheme c. Liquidity risk- High impact cost of entry and exit will follow a top down approach for sector allocation and will follow a bottom up approach d. Volatility risk –Volatility in price due to company or portfolio specific factors for stock selection with in the sector. The Scheme will focus on identifying the leaders of every e. Event risk - Price risk due to a company/sector specific or market event industry and focus on businesses that have economies of scale advantage. Please refer SID for detailed investment strategy. The Scheme by utilizing a holistic risk management strategy will endeavour to manage risks associated with investing in equity markets. The Scheme has identified the following risks 6. Mahindra Manulife Mid Cap Unnati Yojana and designed risk management strategies, which are embedded in the investment process to The fund manager will follow an active management style. The Scheme will focus on creating manage these risks: an appropriate diversified portfolio of companies with a long term perspective. The Scheme will follow a bottom up approach to pick stocks across the sectors. Stock picking will be based a. Quality risk – Risk of investing in unsustainable/weak companies on the industry, macro and long term potential of the business. The focus will be to build an b. Price risk - Risk of overpaying for a company appropriate portfolio to capture the growth opportunities in India and identify companies which can grow to become the next leaders in their segment. c. Liquidity risk- High impact cost of entry and exit The Scheme by utilizing a holistic risk management strategy will endeavour to manage risks d. Volatility risk –Volatility in price due to company or portfolio specific factors associated with investing in equity markets. The Scheme has identified the following risks e. Event risk - Price risk due to a company/sector specific or market event and designed risk management strategies, which are embedded in the investment process to Please refer SID for detailed investment strategy. manage these risks: a. Quality risk – Risk of investing in unsustainable/weak companies 10. Mahindra Manulife Top 250 Nivesh Yojana b. Price risk - Risk of overpaying for a company The aim of the Scheme is to seek growth and deliver above benchmark returns by providing c. Liquidity risk- High impact cost of entry and exit long-term capital growth from an actively managed portfolio, comprising primarily large cap d. Volatility risk –Volatility in price due to company or portfolio specific factors and mid cap stocks. The Scheme aims to be predominantly invested in equity and equity related securities. e. Event risk - Price risk due to a company/sector specific or market event Please refer SID for detailed investment strategy. The Scheme will endeavor to achieve this by maintaining a minimum of 80% allocation to equity and equity related securities out of which allocation of at least 35% each will be towards 7. Mahindra Manulife Rural Bharat and Consumption Yojana large cap stocks and mid cap stocks. Depending the market conditions and outlook, the The Scheme would endeavour to generate capital appreciation by investing in entities and scheme will adopt growth or value approach while investing. Investment could also be made businesses that are engaged in and/or expected to benefit from the structural shift and growth towards fixed income securities including money market instruments. in Rural India. This would include several sectors that are likely to be benefited over a longer A top down and bottom up approach will be used to invest in equity and equity related term due to improvement in per capita income of rural India and various structural reform instruments. Investments will be based on the Investment Team’s analysis of business cycles, initiatives such as the soil card/crop insurance/higher MSP/e-Mandi etc. regulatory reforms, competitive advantage etc. The fund manager in selecting stocks will Indicative list of business activities considered under the Rural India include (Investible sectors): focus on the fundamentals of the business including profitability, the industry structure, the a) Farm Sector: all sectors that contributes to farm growth and sectors that may benefit from quality of management, sensitivity to economic factors, the financial strength of the company, farm growth due to various policy initiatives: Farm equipment (tillers, tractors, pump valuation and the key earnings drivers. The Scheme will maintain a diversified portfolio spread sets, gen-sets, compressors, utility vehicles etc.) Farm inputs (Fertilizers, agrochemicals, across various industries / sectors in order to mitigate the concentration risk. seeds etc) Farm output (producers, traders, processing companies) and all agriculture As per the asset allocation pattern indicated above, for investment in debt securities and money related sectors including cash crops such as tobacco, sugarcane, sunflower, oil seeds etc. market instruments, the Scheme may invest a part of its portfolio in various debt securities b) Rural Infrastructure: all sectors that are likely to benefit from the creation of rural issued by corporates and / or state and central government. Such government securities may infrastructure due to various policy initiatives: Road (EPC, contractors, developers), include securities which are supported by the ability to borrow from the treasury or supported irrigation (Equipment, irrigation facility), Power availability (Transmission, distribution) only by the sovereign guarantee or of the state government or supported by GOI / state and Mining / metals companies, cement companies and all those businesses that create government in some other way. local jobs and greater income in the rural sector. With the aim of controlling risks, rigorous in depth credit evaluation of the instruments c) Consumption: We expect higher India GDP to be contributed by positive demographic proposed to be invested in will be carried out by the Investment Team of the AMC. The credit dividend and improvement in consumption pattern from Rural India. All sectors that may evaluation includes a study of the operating environment of the company, the past track directly or indirectly gets benefit out of improvement in consumption/lifestyle of Rural record as well as the future prospects of the issuer, the short as well as long-term financial India and benefit from an improvement in the per capita income growth of Rural India: health of the issuer. Consumer Staples(FMCG), Consumer durables (Durable products), Automobiles (four- The Scheme may invest in other Scheme(s) managed by the AMC or in the schemes of any wheeler, two-wheeler, three-wheeler), other Consumables (Telecom service providers, other mutual fund, provided it is in conformity with the investment objectives of the Scheme Textile, education, retail, food, entertainment, and related and similar segments). and in terms of the prevailing Regulations. As per the Regulations, no investment management d) Financial Services: Rural finance, Micro Finance companies, retail finance, housing finance, fees will be charged for such investments. insurance, tractor & vehicle finance. All the sectors mentioned above are part of this Please refer SID for detailed investment strategy. theme and their growth will be propelled by new segment of the population joining in
22 11. Mahindra Manulife Overnight Fund With the periods and the cash flows known, a discount factor must be calculated for each The Scheme will seek to generate reasonable returns while assuming low risk and concurrently period. This is calculated as 1 / (1 + r)^n, where r is the interest rate and n is the period number ensuring a high degree of liquidity in the portfolio of the Scheme. The Scheme will invest in in question. Thus the discount factors would be: Debt Securities and Money Market Instruments with maturity upto 1 business day only. The Period Discount Factor Formula Results Scheme may also invest in liquid funds for overnight deployment. 1 The investment team of the AMC will, as a mitigation and risk control procedure, carry out Year 1 1 / (1 + 10%) 0.909 rigorous credit evaluation of the issuer company proposed to be invested in. The credit Year 2 1 / (1 + 10%)2 0.826 evaluation will analyse the operating environment of the issuer, the sector analysis, business 3 model, management, governance practices, quality of the financials, the past track record as Year 3 1 / (1 + 10%) 0.751 well as the future prospects of the issuer and the financial health of the issuer. Next, multiply the period's cash flow by the period number and by its corresponding discount 12. Mahindra Manulife Ultra Short Term Fund factor to find the present value of the cash flow: The investment objective of the Scheme is to generate regular income and capital appreciation Period Weighted Present Value of Cash flow Results by investing in a portfolio of short term debt and money market instruments with relatively Year 1 1 * Rs.100 * 0.909 90.9 lower interest rate risk. The Scheme will maintain the Macaulay duration of the portfolio between 3 months and 6 months. Year 2 2 * Rs.100 * 0.826 165.3 The Fund Manager may be guided by, but not restrained by, the ratings announced by various Year 3 3 * Rs.1100 * 0.751 2479.3 rating agencies on the assets in the portfolio. Further, the Scheme may invest in other schemes managed by the AMC or in the schemes of any other Mutual Funds, provided it is in conformity Sum 2735.5 (numerator) with the prevailing Regulations. As per the Regulations, no investment management fees will Sum of PV Cash Flows = 100/(1 + 10%)1 + 100/(1 + 10%)2 + 1100/(1 + 10%)3 = Rs.1000 (denominator) be charged for such investments. Macaulay duration = Rs.2735.5 / Rs.1000 = 2.74 The investment team of the AMC will, as a mitigation and risk control procedure, carry out Please refer SID for detailed investment strategy. rigorous credit evaluation of the issuer company proposed to be invested in. The investment team follows Risk Guard Process - an internal research and process framework that focuses 13. Mahindra Manulife Hybrid Equity Nivesh Yojana on quality of business, financials and management, for security selection and monitoring. The team will also take into account aspects like interest rate view, term structure of interest Equity Strategy: The fund manager will follow an active management style. The Scheme will rates, systemic liquidity, RBI’s policy stance, inflationary expectations, Government borrowing focus on creating an appropriate diversified portfolio of companies with a long term perspective. program, fiscal deficit, global interest rates, currency movements, etc. for portfolio construction. The Scheme will follow a top down approach to select sectors and follow a bottom up approach to pick stocks across the sectors based on appropriate business environment, business model Concept of Macaulay Duration and execution capability. The Scheme will focus on extensive macro and micro research to Macaulay duration measures the average time that would be taken to receive the cash flows identify appropriate economic environment and reasonable price entry and exit points. from the invested instrument. It is the weighted average term to maturity of the cash flows The Scheme by utilizing a holistic risk management strategy will endeavour to manage risks from an instrument. The weight of each cash flow is determined by dividing the present value associated with investing in equity markets. The Scheme has identified the following risks of the cash flow by the price. Macaulay duration is a measure of interest rate sensitivity of a and designed risk management strategies, which are embedded in the investment process to fixed income instrument. Higher the Macaulay duration, higher would be the interest rate risk. manage these risks: Macaulay duration of a portfolio is the asset weighted average of the Macaulay duration of individual bonds / securities in the portfolio. The table below illustrates the calculation of a. Quality risk – Risk of investing in unsustainable/weak companies portfolio Macaulay duration. b. Price risk - Risk of overpaying for a company Portfolio Amount % of portfolio Macaulay Duration (B) Weighted Average (crores) (A) (C) =(A*B) c. Liquidity risk- High impact cost of entry and exit Instrument 1 10 33.33% 2 0.67 d. Volatility risk –Volatility in price due to company or portfolio specific factors Instrument 2 10 33.33% 3 1.00 e. Event risk - Price risk due to a company/sector specific or market event Instrument 3 10 33.33% 4 1.33 Total 30 100% Portfolio Macaulay Duration 3# Fixed Income Strategy: #Sum of column C In terms of the risk-return profile of the Scheme, the Scheme is positioned to generate long term income with accrual and capital appreciation. Hence the portfolio strategy will seek to Macaulay Duration - Calculation generate return by balancing the maturity and credit profile to compensate for the risk as per the objectives of the Scheme. The fund manager will seek to play out the anticipated movement in the interest rate by changing the maturity of the underlying portfolio, and also anticipated change in the term Where: structure (flattening /steepening) of the yield curve in the portfolio construction after analysing the macro-economic environment including future course of system liquidity, t = respective time period interest rates and inflation along with other considerations in the economy and markets. The C = periodic coupon payment fund manager will also seek to play the anticipated change in credit spreads based on historical y = periodic yield spread analysis and also an analysis of the credit of the issuer. The fund manager will seek to generate alpha by investing in papers giving superior returns after in depth analysis of micro n = total number of periods and macro factors. M = maturity value The investment team of the AMC will, as a mitigation and risk control procedure, carry out Current Bond Price = Present value of cash flows rigorous credit evaluation of the issuer company proposed to be invested in. The credit Key Assumptions evaluation will analyse the operating environment of the issuer, the sector analysis, business model, management, governance practices, quality of the financials, the past track record as 1. Macaulay Duration measures interest rate risk accurately only for instruments where cash well as the future prospects of the issuer and the financial health of the issuer. flows do not change with change in the yield (i.e. for plain vanilla instruments and not for instruments with embedded options). Please refer SID for detailed Investment Strategy. 2. Macaulay Duration assumes yield curve is flat and so cash flows are reinvested at constant YTM rate over the instrument’s period. 14. Mahindra Manulife Focused Equity Yojana The fund manager will follow an active management style. The Scheme will focus on creating 3. Macaulay Duration does not consider the fact that duration does not remain constant and an appropriate diversified portfolio of companies with a long term perspective. The Scheme duration changes with level of YTM rates. will follow a top down approach to select sectors and follow a bottom up approach to pick Example Calculation stocks across the sectors based on the quality of business model and quality of management. Assume a bond paying 10% coupon, matures in three years. Yield to maturity is at 10%. The Quality of business model and quality of management will be assessed by evaluating past track bond pays coupon annually, and pays the principal on the final payment. Given this, the record and/or future outlook. The selection of companies will be guided by a combination of following cash flows are expected over the next three years: one or more factors like: a) profitable growth in good or bad cycles; b) Optimum utilization Period Cash flow of capital and/or capacity; c) leadership shown in the industry in which they operate; and d) expectations of a turnaround in business momentum and e) track record of consistent & long Year 1 Rs.100 term execution potential. Year 2 Rs.100 The Scheme by utilizing a holistic risk management strategy will endeavour to manage risks Year 3 Rs.1100 associated with investing in equity markets. The Scheme has identified the following risks
23 and designed risk management strategies, which are embedded in the investment process to With the periods and the cash flows known, a discount factor must be calculated for each manage these risks: period. This is calculated as 1 / (1 + r)^n, where r is the interest rate and n is the period number in question. Thus the discount factors would be: a. Quality risk – Risk of investing in unsustainable/weak companies Period Discount Factor Formula Results b. Price risk - Risk of overpaying for a company Year 1 1 / (1 + 10%)1 0.909 c. Liquidity risk- High impact cost of entry and exit Year 2 1 / (1 + 10%)2 0.826 d. Volatility risk –Volatility in price due to company or portfolio specific factors Year 3 1 / (1 + 10%)3 0.751 e. Event risk - Price risk due to a company/sector specific or market event Next, multiply the period's cash flow by the period number and by its corresponding discount factor to find the present value of the cash flow: Please refer SID for detailed investment strategy. Period Weighted Present Value of Cash flow Results 15. Mahindra Manulife Short Term Fund Year 1 1 * Rs.100 * 0.909 90.9 The Scheme seeks to invest in a diversified portfolio of debt and money market instruments to Year 2 2 * Rs.100 * 0.826 165.3 generate stable income and capital appreciation with relatively lower credit and interest rate Year 3 3 * Rs.1100 * 0.751 2479.3 risk. The Scheme will maintain the Macaulay duration of the portfolio between 1 year to 3 years. Sum 2735.5 (numerator) The Fund Manager will seek to play out the yield curve and exploit anomalies if any in the curve, Sum of PV Cash Flows = 100/(1 + 10%)1 + 100/(1 + 10%)2 + 1100/(1 + 10%)3 = Rs.1000 (denominator) for the portfolio construction after analysing the macro-economic environment including Macaulay duration = Rs.2735.5 / Rs.1000 = 2.74 future course of system liquidity, interest rates and inflation along with other considerations in the economy and markets. The Fund Manager may also initiate tactical allocation in the Please refer SID for detailed investment strategy. portfolio according to the prevalent market conditions in order to generate alpha in the scheme. 16. Mahindra Manulife Arbitrage Yojana The investment team of the AMC will, as a mitigation and risk control procedure, carry out The primary objective of the Scheme is to invest in arbitrage opportunities between spot and rigorous credit evaluation of the issuer company proposed to be invested in. The investment futures prices of exchange traded equities and the arbitrage opportunities available within the team follows Risk Guard process-an internal research and process framework that focusses on derivative segment. If suitable arbitrage opportunities are not available in the opinion of the the quality of business, financial and management, for security selection and monitoring. Also Fund Manager, the Scheme may invest in short term debt and money market securities. as a part of the risk mitigation framework, the investment team would keep adequate liquidity The Fund Manager will evaluate the difference between the price of a stock in the futures buffers in form of liquid securities to manage any drawdowns. market and in the spot market. If the price of a stock in the futures market is higher than in the spot market, after adjusting for costs and taxes the scheme shall buy the stock in the spot Concept of Macaulay Duration market and sell the same stock in equal quantity in the futures market, simultaneously. Macaulay duration measures the average time that would be taken to receive the cash flows The Scheme will endeavor to build similar market neutral positions that offer an arbitrage from the invested instrument. It is the weighted average term to maturity of the cash flows potential for e.g. buying the basket of index constituents in the cash or futures segment and from an instrument. The weight of each cash flow is determined by dividing the present value selling the index futures, etc. The Scheme would also look to avail of opportunities between of the cash flow by the price. Macaulay duration is a measure of interest rate sensitivity of a one futures contract and another. fixed income instrument. Higher the Macaulay duration, higher would be the interest rate risk. As arbitrage opportunities are dependent on ensuing market conditions, there will be a part Macaulay duration of a portfolio is the asset weighted average of the Macaulay duration of of the portfolio, which will be invested in debt securities and money market securities. This individual bonds / securities in the portfolio. The table below illustrates the calculation of component of the portfolio will provide the necessary liquidity to meet redemption needs and portfolio Macaulay duration. other liquidity requirements of the Scheme. Portfolio Amount % of Macaulay Duration (B) Weighted Average (crores) portfolio (A) (C) =(A*B) The derivative and arbitrage strategies the Scheme may adopt could be as under. The list is not exhaustive and the Scheme could use similar strategies and any other strategies as available Instrument 1 10 33.33% 2 0.67 in the markets. Instrument 2 10 33.33% 3 1.00 Instrument 3 10 33.33% 4 1.33 Derivative & Arbitrage Strategies: Derivatives are financial contracts of pre-determined fixed duration, whose values are derived from the value of an underlying primary financial Total 30 100% Portfolio Macaulay Duration 3# instrument, index, such as: interest rates, exchange rates and equities. #Sum of column C The Scheme will invest in arbitrage opportunities between spot and futures prices of exchange Macaulay Duration - Calculation traded equities. The Scheme may build similar hedge positions that offer an arbitrage potential for example buying the basket of index constituents in the cash or futures segment and selling the index futures, and selling the corresponding stock future, etc.
Macaulay Duration The Scheme will also invest in low risk derivatives strategies. These strategies will involve any combination of cash, futures and options. Where: The Scheme will invest in opportunities arising out of corporate actions announced in stocks that offer superior risk adjusted returns and IPOs. t = respective time period 1. Cash Future Arbitrage: This strategy is employed when the price of the future is trading C = periodic coupon payment at a premium to the price of its underlying in spot market. The Scheme shall buy the y = periodic yield stock in spot market and endeavor to simultaneously sell the future at a premium on a quantity neutral basis. n = total number of periods Buying the stock in spot market and selling the futures results into a hedge where the M = maturity value Scheme has locked in a spread and is not affected by the price movement of cash market Current Bond Price = Present value of cash flows and futures market. The arbitrage position can be continued till expiry of the future contracts. The future contracts are settled based on the last half an hour’s weighted Key Assumptions average trade of the spot market. Thus there is a convergence between the spot price 1. Macaulay Duration measures interest rate risk accurately only for instruments where and the futures market on expiry. This convergence helps the Scheme to generate the cash flows do not change with change in the yield (i.e. for plain vanilla instruments and arbitrage return locked in earlier. not for instruments with embedded options). On or before the date of expiry, if the price differential between the spot and futures 2. Macaulay Duration assumes yield curve is flat and so cash flows are reinvested at position of the subsequent month maturity still remains attractive, the scheme may constant YTM rate over the instrument’s period. rollover the futures position and hold onto the position in the spot market. In case such 3. Macaulay Duration does not consider the fact that duration does not remain constant an opportunity is not available, the scheme would liquidate the spot position and settle and duration changes with level of YTM rates. the futures position simultaneously. Example Calculation Rolling over of the futures transaction means unwinding the short position in the futures Assume a bond paying 10% coupon, matures in three years. Yield to maturity is at 10%. The of the current month and simultaneously shorting futures of the subsequent month bond pays coupon annually, and pays the principal on the final payment. Given this, the maturity, and holding onto the spot position. following cash flows are expected over the next three years: Illustrations Period Cash flow Buy 100 shares of Company A at Rs 100 and sell the same quantity of stock’s future of the Year 1 Rs.100 Company A at Rs 101. Year 2 Rs.100 Market goes up and the stock end at Rs 200 Year 3 Rs.1100 At the end of the month (expiry day) the future expires automatically:
24 Settlement price of future = closing spot price = Rs 200 The Scheme may deploy one or more of the above mentioned derivative Strategies to the extend they are in line with the investment objective of the Scheme. Gain on stock is 100*(200-100) = Rs 10,000 Loss on future is 100*(101-200) = Rs – 9,900 Net gain is 10,000 – 9,900 = Rs 100 Special Situations (Corporate Actions) Market goes down and the stock end at Rs 50. The Scheme may take advantage of situations that present an investment opportunity to Fund Manager who can judge the implications of that opportunity that can unlock value for At the end of the month (expiry day) the future expires automatically: investors. Settlement price of future = closing spot price = Rs 50 Some of these situations are Merger of businesses or companies which may result in synergies Loss on stock is 100*(50-100) = Rs – 5,000 Gain on future is 100*(101-50) = Rs 5,100 Net gain is in business activities. Demerger may result in separation / spin-off of business operation 5,100 – 5,000 = Rs 100 / activity from some other business operation / activity., Companies may consider a buy- back of their shares from the market due to various reasons (like company has substantial Unwinding the position: free reserves, management is confident of the future growth potential, meeting with the Buy 100 shares of Company A at Rs 100 and sell the same quantity of stock’s future of the regulatory norms, etc.) and unlock significant value for shareholders. Companies may consider Company A at Rs 101. delisting their companies from the respective stock exchange. It may be at the request of the promoters, acquisitions; BIFR under SICA etc., Company may offer its existing shareholders a The market goes up and at some point of time during the month (before expiry) the stock right to purchase additional shares at a discount to the prevailing market price. A company trades at Rs 120 and the future trades at Rs 119 then we unwind the position: may want to infuse capital for future projects, raise its holding as it expects good prospects Buy back the future at Rs 119: loss incurred is (101- 119)*100= Rs – 1,800 Sell the stock at Rs 120: going forward. A carefully analyzed rights issue can unlock value for shareholders; Open Offer gain realized: (120-100)*100 = Rs 2,000 is an event that increases the shareholding of the acquirer. An open offer can be voluntary or involuntary. An open offer is an indication that parties are interested in increasing their stake in Net gain is 2,000 – 1,800 = Rs 200 the company. This can be positive for the company over the long run and gives the investor a Rolling over the futures: signal for good times ahead, Debt restructuring i.e. a company may want to change its capital structure by means of reducing debt. Higher debt can lead to lower profits and cash flows. An We keep the stocks position. Close to expiry, if the stocks price is at Rs 150 then the stock’s attempt by the company to reduce debt or swap the same with other lower costs options can future is close to Rs. 150 as well. Also if the current month stock future is below the next month unlock value for shareholders. stock future, we roll over the future position to the next expiry: There could by many other events that may result in share price appreciation. Such situations Stock future next month is at Rs 151 Stock future current month is at Rs 150 may include; turnarounds, companies undergoing restructuring, asset plays, and companies Then sell future next month at Rs 151 and buy back actual future at Rs 150 = gain of 100*(151- affected by regulatory changes and primary market listings. The Scheme will carefully analyze 150) = Rs 100 and the arbitrage is continuing. any such instance and participate in the same as such; corporate action often unlocks a lot of value for the investors. 2. Index Arbitrage: The Nifty 50 derives its value from fifty constituent stocks; the constituent stocks (in their respective weights) can be used to create a synthetic index matching the Risk Mitigation Factors Nifty Index. Also, theoretically, the fair value of a future is equal to the spot price plus the cost of carry. 1. Mahindra Manulife Liquid Fund, Mahindra Manulife Low Duration Fund, Mahindra Manulife Dynamic Bond Yojana, Mahindra Manulife Overnight Fund, Mahindra Theoretically, therefore, the pricing of Nifty Index futures should be equal to the pricing of the Manulife Ultra Short Term Fund and Mahindra Manulife Short Term Fund synthetic index created by futures on the underlying stocks. Risk is an inherent part of the investment function. Effective risk management is critical to Due to market imperfections, the index futures may not exactly correspond to the synthetic fund management for achieving financial soundness. Since investing requires disciplined index futures. The Nifty Index futures normally trades at a discount to the synthetic Index risk management, the AMC would incorporate adequate safeguards for controlling risks in due to large volumes of stock hedging being done using the Nifty Index futures giving rise to the portfolio construction process. The risk control process involves reducing risks through arbitrage opportunities. portfolio diversification; The AMC believes that this diversification would help achieve the One instance in which an index arbitrage opportunity exists is when Index future is trading desired level of consistency in returns. The AMC aims to identify securities, which offer superior at a discount to the index (spot) and the futures of the constituent stocks are trading at a levels of yield at lower levels of risks. With the aim of controlling risks, rigorous in-depth credit cumulative premium. evaluation of the securities proposed to be invested in will be carried out by the investment team of the AMC. Risk control would involve managing risk in order to keep it in line with the The Fund Manager shall endeavour to capture such arbitrage opportunities by taking long investment objective of the Scheme. AMC has implemented the Miles Fundware as Front Office positions in the Nifty Index futures and short positions in the synthetic index (constituent stock System (FOS) for this purpose. The system has incorporated all the investment restrictions as futures). per SEBI guidelines and “soft” warning alerts at appropriate levels for preemptive monitoring Based on the opportunity, the reverse position can also be initiated. The system enables identifying & measuring the risk through various risk measurement tools like various risk ratios, average duration and analyzes the same and acts in a preventive manner. Index Arbitrage (Spot market): This strategy is very similar to the index arbitrage strategy explained above. This strategy can be executed when the index future is trading at a premium 2. Mahindra Manulife ELSS Kar Bachat Yojana, Mahindra Manulife Multi Cap Badhat to the underlying index. The Fund Manager will buy the index constituents (ratio of weights in Yojana, Mahindra Manulife Equity Savings Dhan Sanchay Yojana, Mahindra the index) in the spot market and simultaneously sell the index future at a premium. On expiry Manulife Mid Cap Unnati Yojana, Mahindra Manulife Rural Bharat and Consumption day, the futures expire at cash. This convergence helps realize the profits locked-in. Yojana, Mahindra Manulife Large Cap Pragati Yojana, Mahindra Manulife Top 250 Nivesh Yojana, Mahindra Manulife Hybrid Equity Nivesh Yojana, Mahindra Manulife 3. Portfolio Protection/ Hedging: The Scheme may use exchange-traded derivatives to Focused Equity Yojana and Mahindra Manulife Arbitrage Yojana hedge the equity portfolio. Risk is an inherent part of the investment function. Effective Risk Management is critical to Illustrations of hedging using options– Call Option (Buy): The Scheme buys a call option at the Fund Management for achieving financial soundness. Investments by the Scheme shall be strike price of say Rs.1000 and pays a premium of say Rs. 50, the Scheme would earn profits if made as per the investment objectives of the Scheme and provisions of the Regulations. the market price of the stock at the time of expiry of the option is more than 1050 being the total of the strike price and the premium thereon. If on the date of expiry of the option the The AMC has incorporated adequate safeguards to manage risk in the portfolio construction stock price is below Rs 1000, the Scheme will not exercise the option while it loses the premium process. The risk control process involves identifying & measuring the risk through various of Rs. 50. Risk Measurement Tools. Further, the AMC has implemented the Miles System as Front Office System (FOS) for managing risk. The system has inbuilt feature which enables the Fund Put Option (Buy): The Scheme buys a Put Option at Rs 1000 by paying a premium of say Rs 50. If Manager calculate various risk ratios and analyze the same. the stock price goes down to Rs. 900, the Scheme would protect its downside and would only have to bear the premium of Rs 50 instead of a loss of Rs 100 whereas if the stock price moves The AMC has experienced investment professionals to help limit investment universe to up to say Rs. 1100 the Scheme may let the Option expire and forego the premium thereby carefully selected high quality businesses. The fund manager would also consider hedging the capturing Rs. 100 upside after bearing the premium of Rs. 50. The Scheme may use both index portfolios in case of predictable events with uncertain outcomes. and stock futures and options to hedge the stocks in the portfolio. The Scheme would invest in a diversified portfolio of equity and equity related securities which Other Arbitrage Derivative Strategies: The Scheme will also invest in arbitrage opportunities would help alleviate the credit, sector/market capitalization related concentration risk. arising out of corporate actions (e.g. – mergers, FPO, delisting, open offers, etc). These are The system enables identifying & measuring the risk through various risk measurement tools just a few examples of arbitrage opportunities arising out of corporate actions. This is not an exhaustive list as every corporate action could offer a different and unique opportunity. like various risk ratios, average duration and analyzes the same and acts in a preventive manner. The Scheme may also use derivative instruments as may be introduced from time to time, with the underlying being any of the stocks in a recognized stock exchange.
25 INFORMATION COMMON TO ALL SCHEMES
Applicable NAV for continuous repurchase and sale (a) Subscriptions/ Purchases including Switch-ins (i) For all schemes (except Mahindra Manulife Liquid Fund and Mahindra Manulife Overnight Fund) for any amount
Particulars Applicable NAV In respect of valid applications received upto 3.00 p.m. on a Business Day at the Official Point(s) of Acceptance and The closing NAV of the day on which application is received shall be where the funds for the entire amount of subscription / purchase as per the application / switch-in request, are applicable. credited to the bank account of the Scheme before the cut-off time i.e. available for utilization before the cut-off time In respect of valid applications received after 3.00 p.m. on a Business Day at the Official Point(s) of Acceptance The closing NAV of the next Business Day shall be applicable. and where the funds for the entire amount of subscription / purchase as per the application / switch-in request, are credited to the bank account of the Scheme before the cut-off time of the next Business Day i.e. available for utilization before the cut-off time of the next Business Day Irrespective of the time of receipt of applications at the Official Point(s) of Acceptance, where the funds for the The closing NAV of such subsequent Business Day shall be applicable. entire amount of subscription/purchase as per the application / switch-in request, are credited to the bank account of the Scheme before the cut-off time on any subsequent Business Day i.e. available for utilization before the cut-off time on any subsequent Business Day Note: For determining the applicability of NAV for allotment of units in respect of Subscriptions/Purchases including Switch –ins to the Scheme the following shall be ensured: 1. Subscription/Purchase application/switch-in request is received before the applicable cut-off time 2. Funds for the entire amount of subscription/purchase (including switch-in) as per the application should be credited to the bank account of the Scheme before the cut-off time and the funds are available for utilisation before the cut-off time without availing any credit facility whether intra-day or otherwise, by the Scheme 3. In case of ‘switch’ transactions from one scheme to another, the switch-out will be processed on the date of receipt of transaction, if received before cut-off time and corresponding Switch-In transaction will be processed based on the pay out / settlement date of the respective Switch-Out Scheme. Further, it may be noted that: • Where funds are transferred/received first and application is submitted thereafter, the date and time of receipt of the application shall be considered for NAV applicability • In case of investments through systematic investment routes such as Systematic Investment Plans, Systematic Transfer Plans, etc, the units will be allotted as per the closing NAV of the day on which the funds are available for utilisation by the Scheme irrespective of amount and installment date of the systematic transactions.
(ii) For Mahindra Manulife Liquid Fund and Mahindra Manulife Overnight Fund
Particulars Applicable NAV In respect of valid applications received upto 1.30 p.m. on a Business Day at the Official Point(s) of Acceptance and The closing NAV of the day immediately preceding the day of receipt of where the funds for the entire amount of subscription / purchase as per the application / switch-in request, are application shall be applicable credited to the bank account of the Scheme before the cut-off time i.e. available for utilization before the cut-off time In respect of valid applications received after 1.30 p.m. on a Business Day at the Official Point(s) of Acceptance and The closing NAV of the day immediately preceding the next Business Day where the funds for the entire amount of subscription / purchase as per the application / switch-in request, are shall be applicable credited to the bank account of the Scheme on the same day i.e. available for utilization on the same day Irrespective of the time of receipt of valid applications at the Official Point(s) of Acceptance, where the funds for The closing NAV of the day immediately preceding the day on which the the entire amount of subscription / purchase as per the application / switch-in request, are not credited to the bank funds are available for utilization, shall be applicable account of the Scheme before the cut-off time i.e. not available for utilization before the cut-off time
The above mentioned cut off timing shall be applicable to transactions through the online trading platform. The Date of Acceptance will be reckoned as per the date & time; the transaction is entered in stock exchange‘s infrastructure for which a system generated confirmation slip will be issued to the unitholder.
(b) Redemption including Switch outs (i) For all schemes except Mahindra Manulife Liquid Fund and Mahindra Manulife Overnight Fund
Particulars Applicable NAV In respect of valid applications received upto 3 p.m. on a business day by the Mutual Fund The closing NAV of the day of receipt of application, shall be applicable. In respect of valid applications received after 3 p.m. on a business day by the Mutual Fund The closing NAV of the next business day shall be applicable.
(ii) For Mahindra Manulife Liquid Fund and Mahindra Manulife Overnight Fund
Particulars Applicable NAV In respect of valid applications received upto 3 p.m. on a Business Day by the Mutual Fund The closing NAV of the day immediately preceding the next Business Day, shall be applicable In respect of valid applications received after 3 p.m. on a Business Day by the Mutual Fund The closing NAV of the next Business Day shall be applicable
The above mentioned cut off timing shall be applicable to transactions through the online trading platform. The Date of Acceptance will be reckoned as per the date & time; the transaction is entered in stock exchange‘s infrastructure for which a system generated confirmation slip will be issued to the unitholder.
26 Dividend Policy Mahindra Manulife - An exit load of 0.25% is payable if Units are redeemed / Under the Income Distribution cum Capital Withdrawal/IDCW option, the dividend (IDCW) Arbitrage Yojana switched-out on or before completion of 30 days from the date of allotment of Units; will be declared in accordance with the dividend (IDCW) distribution procedure specified in this section, subject to availability of distributable surplus calculated in accordance with the - Nil - If Units are redeemed / switched-out after Regulations. There is no assurance or guarantee to the Unitholder as to the rate of Dividend completion of 30 days from the date of allotment of (IDCW) nor that will the Dividend (IDCW) be paid regularly. Units. The AMC/Trustee reserves the right to change the frequency of declaration of Dividend(IDCW) Redemption /Switch-Out of Units would be done on First in First out Basis (FIFO). or may provide additional frequency for Declaration of Dividend (IDCW).
Despatch of Repurchase (Redemption) Request (ii) Recurring Expenses Within 10 working days of receipt of the redemption request at the Official Points of Acceptance Actual Expenses* for the FY 2020 -21 of Mahindra Manulife Mutual Fund. Scheme Period Gross TER * Name of the Trustee Company Name Mahindra Manulife Trustee Private Limited Regular Direct Plan Unclaimed (Formerly known as Mahindra Trustee Company Private Limited) Plan Plan Expenses of the Scheme MMLF 0.26 0.15 0.14 (i) Load Structure MMEKBY 2.41 0.75 Entry Load : Not Applicable MMESDSY 2.43 0.80 Pursuant to SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor. The upfront commission on investment made by the MMLDF 1.15 0.33 investor, if any, shall be paid to the ARN Holder (AMFI registered Distributor) directly by the investor, MMMCBY 2.60 0.86 based on the investor’s assessment of various factors including service rendered by the ARN Holder. MMMCUY 2.50 0.87 Exit Load Mahindra Manulife Low MMDBY Apr 01, 2020 – Mar 31, 2021 1.85 0.74 Duration Fund MMRBCY 2.45 0.84 Mahindra Manulife ELSS Kar Bachat Yojana MMLCPY 2.58 0.74 N.A. Mahindra Manulife Ultra Short MMHENY 2.54 0.72 Term Fund Nil MMOF 0.20 0.09 Mahindra Manulife Short Term Fund MMUSTF 0.76 0.34 Mahindra Manulife Dynamic MMTNY 2.52 0.66 Bond Yojana MMAY Aug 24, 2020+ – Mar 31, 2021^ 1.18 0.33 Mahindra Manulife Overnight Fund MMFEY Nov 17, 2020+ – Mar 31, 2021^ 2.54 0.42 10% of the units allotted shall be redeemed without any Mahindra Manulife Equity MMSTF Feb 23, 2021+ – Mar 31, 2021^ 1.27 0.37 exit load, on or before completion of 12 months from the Savings Dhan Sanchay Yojana date of allotment of Units. ^ TER for period less than full financial year are annualised. Mahindra Manulife Hybrid Any redemption in excess of the above limit shall be + Inception date of the scheme Equity Nivesh Yojana subject to the following exit load: * The actual expenses / Gross TER of all Schemes (other than MMEKBY, MMLF, MMOF, MMUSTF, » An exit load of 1% is payable if Units are redeemed / MMLDF, MMDBY & MMSTF) includes additional expenses under Regulations 52(6A)(c), switched-out on or before completion of 12 months additional expenses under regulation 52 (6A) (b) for gross new inflows from specified cities and from the date of allotment of Units; Goods & Services Tax (GST) on management fees. In case of MMEKBY, MMLF, MMOF, MMUSTF, » Nil - If Units are redeemed / switched-out after MMLDF, MMDBY & MMSTF the actual expenses includes additional expenses under regulation completion of 12 months from the date of allotment 52 (6A) (b) for gross new inflows from specified cities and GST on management fees of Units. The total expenses of the Scheme including Investment Management and Advisory Fees under Redemption /Switch-Out of Units would be done on First in First out Basis (FIFO). Regulation 52 (2) and the various sub-heads of recurring expenses mentioned under Regulation 52 (4) shall not exceed the limits stated in Regulation 52(6) of SEBI (MF) Regulations Thus, there Mahindra Manulife Multi Cap shall be no internal sub-limits within the expense ratio for expense heads mentioned under Badhat Yojana Regulation 52 (2) and (4) respectively. Mahindra Manulife Mid Cap All scheme related expenses including commission paid to distributors, by whatever name Unnati Yojana it may be called and in whatever manner it may be paid, shall necessarily be paid from the Mahindra Manulife Rural Bharat - 1% is payable if Units are redeemed / switched-out Scheme only within the regulatory limits and not from the books of the AMC, its Associate, and Consumption Yojana upto 1 year from the date of allotment; Sponsor(s), Trustee or any other entity through any route. However, expenses that are very small in value but high in volume^ (^A list of such miscellaneous expenses is provided by AMFI Mahindra Manulife Large Cap - Nil if Units are redeemed / switched-out after 1 year in consultation with SEBI) may be paid out of AMC’s books at actuals or not exceeding 2 bps of Pragati Yojana from the date of allotment. the Scheme’s AUM, whichever is lower. Mahindra Manulife All fees and expenses charged in a Direct Plan (in percentage terms) under various heads Focused Equity Yojana including the investment and advisory fee shall not exceed the fees and expenses charged Mahindra Manulife Top 250 under such heads in a Regular Plan. The TER of the Direct Plan will be lower to the extent of the Nivesh Yojana distribution expenses, commission, etc. charged to the Regular Plan and no commission for distribution of Units will be paid/ charged under Direct Plan Mahindra Manulife Liquid Fund Investor Exit upon Exit Load as % of subscription redemption proceeds The trusteeship fees shall be subject to a maximum of 0.01% per annum of the daily Net Assets of the schemes of the Mutual Fund. Such fee shall be paid to the Trustee Company at monthly Day 1 0.0070% frequency. The Trustee Company may charge further expenses as permitted from time to time Day 2 0.0065% under the Trust Deed and SEBI (MF) Regulations. Day 3 0.0060% GST on expenses other than the investment management and advisory fees, if any, shall be Day 4 0.0055% charged to the Scheme within the maximum limit of total expense ratio as prescribed under Day 5 0.0050% regulation 52 of the SEBI (MF) Regulations. GST on brokerage and transaction cost paid for execution of trade, if any, shall be within the limit prescribed under regulation 52 of the SEBI Day 6 0.0045% (MF) Regulations. Day 7 onwards 0.0000% In terms of SEBI circular no. CIR/IMD/DF/21/2012 dated September 13, 2012, the AMC shall Redemption /Switch-Out of Units would be done on First in First out Basis (FIFO). annually set apart at least 0.02% on daily net assets within the maximum limit of recurring The above mentioned exit load shall not apply to the expenses as per Regulation 52 for investor education and awareness initiatives. Unclaimed Plan offered under the Scheme.
27 The total expenses of the Scheme including the investment management and advisory fee The transaction charges and the net investment amount and the number of units allotted will shall not exceed the limits stated in Regulation 52(6) which are as follows: be clearly mentioned the Account Statement issued by the Mutual Fund. In case of investments through Systematic Investment Plan (SIP) the transaction charges shall be deducted only MMLF, MMLDF, MMEKBY, MMMCBY, if the total commitment through SIP (i.e. amount per SIP installment x No. of installments) MMOF , MMUSTF, MMMCUY, MMRBCY, amounts to Rs. 10,000/- and above. In such cases, the transaction charges shall be deducted in MMDBY and MMLPY, MMTNY, 3-4 installments. MMSTF MMESDSY, MMFEY, MMAY and Transaction charges shall not be deducted if: MMHENY a. The amount per purchases /subscriptions is less than Rs. 10,000/-; On the first Rs. 500 crores of the daily net assets 2.00% 2.25% b. The transaction pertains to other than purchases/ subscriptions relating to new inflows such as Switch/STP/ DTP, etc. On the next Rs. 250 crores of the daily net assets 1.75% 2.00% c. Purchases/Subscriptions made directly with the Fund through any mode (i.e. not through On the next Rs. 1,250 crores of the daily net assets 1.50% 1.75% any distributor/agent). On the next Rs. 3,000 crores of the daily net assets 1.35% 1.60% d. Subscription made through Exchange Platform irrespective of investment amount. On the next Rs. 5,000 crores of the daily net assets 1.25% 1.50% Daily Net Asset Value (NAV) Publication On the next Rs. 40,000 crores of the daily net assets TER reduction of 0.05% for every increase of Rs. 5,000 crores of daily net The AMC will calculate and disclose the NAVs on all the Business Days (all Calendar Days for assets or part thereof. Mahindra Manulife Liquid Fund and Mahindra Manulife Overnight Fund). The AMC shall update On the balance of the assets 0.80% 1.05% the NAVs on its website (www.mahindramanulife.com) and of the Association of Mutual Funds In addition to the limits specified in egulationr 52(6), the following costs or expenses may be in India - AMFI (www.amfiindia.com) before 11.00 p.m. on every Business Day. In case of any charged to the Scheme as per regulation 52 (6A), namely delay, the reasons for such delay would be explained to AMFI in writing. If the NAVs are not available before the commencement of Business Hours on the following day due to any reason, a. Brokerage and Transaction costs incurred for the execution of trades may be capitalized to the extent of 0.12 per cent of the value of trades in case of cash market transactions and the Mutual Fund shall issue a press release giving reasons and explaining when the Mutual 0.05 per cent of the value of trades in case of derivatives transactions. Fund would be able to publish the NAV. Unitholders may also avail a facility of receiving latest b. Expenses not exceeding of 0.30 per cent of daily net assets, if the new inflows from retail NAVs through SMS on their registered mobile numbers, by submitting a specific request in this investor of such cities as specified by SEBI/AMFI from time to time are at least regard to the AMC / Registrar & Transfer Agent. i) 30 per cent of gross new inflows from retail investor in the Scheme, or; ii) 15 per cent of the average assets under management (year to date) of the Scheme, For Investors Grievances please contact whichever is higher Mahindra Manulife Mutual Fund: Ms. Pooja Deherkar Provided that if inflows from retail investors of such cities is less than the higher of sub- Mahindra Manulife Investment Management Private Limited clause (i) or sub- clause (ii), such expenses on daily net assets of the Scheme shall be (Formerly known as Mahindra Asset Management Company Private Limited) charged on proportionate basis: 1st Floor, Sadhana House, Behind Mahindra Towers, 570, PB Marg, Worli, Mumbai- 400 018; Provided further that expenses charged under this clause shall be utilised for distribution Phone no. – 022 – 66327900, Toll Free No. – 1800-419-6244, expenses incurred for bringing inflows from retail investors of such cities. Email id – [email protected] Provided further that amount incurred as expense on account of inflows from retail Registrar: Computer Age Management Services Limited investors of such cities shall be credited back to the scheme in case the said inflows are ‘C’ Block, 2nd floor, Hanudev Info Park P Ltd, Sf No 558/2, Udayampalayam Road, Nava India, redeemed within a period of one year from the date of investment; Coimbatore-641028 For the purpose of this clause - inflows of amount upto Rs. 2 Lacs per transaction, by individual investors shall be considered as inflow from “retail investor”. Unitholders’ Information (c) Additional expenses, incurred towards different heads mentioned under regulations 52(2) Account Statements: and 52(4), not exceeding 0.05 per cent of daily net assets of the scheme. However, such additional expenses will not be charged if exit load is not levied/ not applicable to the Scheme. On acceptance of the application for subscription, an allotment confirmation /account statement specifying the number of units allotted by way of e-mail and/or SMS within Further, GST on investment management and advisory fees shall be charged to the Scheme, in addition to the above expenses, as prescribed under the SEBI (MF) Regulations. 5 business days from the date of receipt of transaction request will be sent to the Unitholders registered e-mail address and/or mobile number. Where investors / Unitholders, have provided The total expense ratios (TER) of the schemes of the Fund are available in downloadable an email address, an account statement reflecting the units allotted to the Unitholder shall spreadsheet format on the AMC website and AMFI website. Any change in the current be sent by email on their registered email address. The Unitholder may request for a physical expense ratios will be updated at least three working days prior to the effective date of the change. For the total expense ratio details of the Scheme, investors may account statement by writing / calling the AMC / ISC / RTA. The AMC shall dispatch an account visit http://www.mahindramanulife.com/downloads#MANDATORY-DISCLOSURES available statement within 5 Business Days from the date of the receipt of request from the Unit holder. on the website of the AMC viz., www.mahindramanulife.com and AMFI’s website viz., Consolidated Account Statement (CAS): www.amfiindia.com. Consolidated account statement for each calendar month shall be issued, on or before Further, any change in the base TER (i.e. TER excluding additional expenses provided fifteenth day of succeeding month, detailing all the transactions and holding at the end of the in Regulation 52 (6A) (b) and 52 (6A) (c) of SEBI (Mutual Funds) Regulations, 1996 and month including the total purchase value / cost of investment in each scheme and transaction Goods & Services Tax on investment and advisory fees) in comparison to previous base charges paid to the distributor, across all schemes of all mutual funds, to all the investors in TER charged to the Scheme/ Plan shall be communicated to investors of the Scheme/ whose folios transaction has taken place during that month. The AMC shall identify common Plan through notice via email or SMS and will be uploaded on the website http://www.mahindramanulife.com/downloads#MANDATORY-DISCLOSURES at least three investors across fund houses by their permanent account number (PAN) for the purposes of working days prior to effective date of such change. sending CAS. In the event the account has more than one registered holder, the first named Unitholder shall receive the CAS. Provided that any increase or decrease in TER of the Scheme/Plan due to change in AUM and any decrease in TER in the Scheme/Plan due to various other regulatory requirements would Pursuant to SEBI Circular no. SEBI/HO/IMD/DF2/CIR/P/2016/42 dated March 18, 2016 read with not require issuance of any prior notice/communication to the investors. SEBI/HO/IMD/DF2/CIR/P/2016/89 dated September 20, 2016, following additional disclosure(s) shall be provided in CAS issued for the half year (ended September / March): Transaction Charges a. The amount of actual commission paid by the AMCs /Mutual Funds (MFs) to distributors (in absolute terms) during the half-year period against the concerned investor’s In accordance with SEBI Circular No. IMD/ DF/13/ 2011 dated August 22, 2011, the AMC/ Fund total investments in each MF Scheme. The term ‘commission’ here refers to all direct shall deduct a Transaction Charge on per purchase /subscription of Rs. 10,000/- and above, as monetary payments and other payments made in the form of gifts / rewards, trips, may be received from new investors (an investor who invests for the first time in any mutual event sponsorships etc. by the AMC /MFs to the distributors. Further, the commission fund schemes) and existing investors. The distributors shall have an option to either “Opt-in / disclosed in CAS shall be gross commission and shall not exclude costs incurred by Opt-out” from levying transaction charge based on the type of product. Therefore, the “Opt- distributors such as Goods and Service Tax (GST) (wherever applicable, as per existing in / Opt-out” status shall be at distributor level, basis the product selected by the distributor. rates), operating expenses, etc. Transaction charges shall be deducted for Applications for purchase/ subscription received through distributor/ agent as under (only if that distributor / agent has opted to receive the b. The scheme’s average total expense ratio (in percentage terms) along with the break up transaction charges): between Investment and Advisory fees, Commission paid to the distributor and Other expenses for the period for the scheme’s applicable plan (regular or direct or both) where Investor Type Transaction Charges the concerned investor has actually invested in.
New Investor (First Time Mutual Transaction charge of Rs.150/- for per purchase / Such half-yearly CAS shall be issued to all MF investors, excluding those investors who do not Fund Investor) subscription of Rs.10,000 and above will be deducted have any holdings in MF schemes and where no commission against their investment has been from the subscription amount and paid to the paid to distributors, during the concerned half-year period. distributor/agent of the first time investor. The balance of the subscription amount shall be invested. The transactions viz. purchase, redemption, switch, Payout of Income Distribution cum Capital Withdrawal / IDCW Payout, Reinvestment of Income Distribution cum Capital Withdrawal/ Existing Investor Transaction charge of Rs.100/- for per purchase / IDCW Reinvestment, systematic investment plan, systematic withdrawal plan and systematic subscription of Rs.10,000 and above will be deducted transfer plan, carried out by the Unit holders shall be reflected in the CAS on the basis of PAN. from the subscription amount and paid to the distributor/agent of the existing investor. The balance of The CAS shall not be received by the Unit holders for the folio(s) not updated with PAN details. the subscription amount shall be invested. The Unit holders are therefore requested to ensure that the folio(s) are updated with their PAN.
28 Pursuant to SEBI Circular no. CIR /MRD /DP /31/2014 dated November 12, 2014, Depositories language of the region where the Head Office of the Mutual Fund is situated. The unaudited shall generate and dispatch a single consolidated account statement for investors (in whose financial results shall also be displayed on the website of AMFI. folio the transaction has taken place during the month) having mutual fund investments and holding demat accounts. Creation of Segregated Portfolio in the schemes of the Fund Based on the PANs provided by the asset management companies / mutual funds’ registrar and In case of a credit event at issuer level, the AMC may create a segregated portfolio of debt and transfer agents (AMCs/MF-RTAs, the Depositories shall match their PAN database to determine money market instruments under the schemes of the Fund (other than MMOF, MMEKBY,MMMBY, MMMUY, MMLPY & MMRBCY) in compliance with the SEBI circular no. SEBI/HO/IMD/DF2/ the common PANs and allocate the PANs among themselves for the purpose of sending CAS. CIR/P/2018/160 dated December 28, 2018 and SEBI/HO/IMD/DF2/CIR/P/2019/127 dated For PANs which are common between depositories and AMCs, the Depositories shall send the November 7, 2019, as amended from time to time. Please refer SID of respective schemes for CAS. In other cases (i.e. PANs with no demat account and only MF units holding), the AMCs/ detailed procedure on creation of segregated portfolio in the schemes of the Fund. MF-RTAs shall continue to send the CAS to their unit holders as is being done presently in compliance with the Regulation 36(4) of the SEBI (Mutual Funds) Regulations. Plans & Options under Schemes Direct Plan Where statements are presently being dispatched by email either by the Mutual Funds or by the Depositories, CAS shall be sent through email. However, where an investor does not wish to Direct Plan is only for investors who purchase /subscribe Units in the Scheme directly with receive CAS through email, option shall be given to the investor to receive the CAS in physical the Fund and is not available for investors who route their investments through a Distributor. form at the address registered in the Depository system. In case of Unclaimed Plan, any new unclaimed amounts of the schemes of Mutual Fund, will be Half Yearly Consolidated Account Statement: invested in the ‘Unclaimed Redemption / Income Distribution cum Capital Withdrawal (IDCW) Option Upto 3 years’ option and upon completion of three years from the date of allotment A consolidated account statement detailing holding across all schemes at the end of every of units under this option, all units will be switched to the ‘Unclaimed Redemption / Income six months (i.e. September/ March), on or before 21st day of succeeding month, to all such Distribution cum Capital Withdrawal Option (IDCW) Beyond 3 years’ option of the Unclaimed Unitholders holding units in non- demat form in whose folios no transaction has taken place Plan. during that period shall be sent by email. Default Plan The half yearly consolidated account statement will be sent by e-mail to the Unit holders whose e-mail address is registered with the Fund, unless a specific request is made to receive Investors subscribing under Direct Plan of the Scheme will have to indicate “Direct Plan” the same in physical mode. against the Scheme name in the application form. However, if distributor code is mentioned in application form, but “Direct Plan” is mentioned against the Scheme name, the distributor Annual Report: code will be ignored and the application will be processed under “Direct Plan”. Further, where The scheme wise annual report shall be hosted on the website of the AMC / Mutual Fund application is received for regular Plan without Distributor code or “Direct” mentioned in the (www.mahindramanulife.com) and AMFI (www.amfiindia.com) not later than four months (or ARN Column, the application will be processed under Direct Plan. such other period as may be specified by SEBI from time to time) from the date of closure of the relevant accounting year (i.e. 31st March each year). Further, the physical copy of the scheme The below table summarizes the procedures which would be adopted by the AMC for wise annual report shall be made available to the Unitholders at the registered / corporate applicability of Direct Plan / Regular Plan, while processing application form/transaction office of the AMC at all times. request under different scenarios:
In case of Unitholders whose e-mail addresses are registered with the Fund, the AMC shall Sr. AMFI Registration Number (ARN) Plan as selected in Transaction shall be No Code mentioned in the application the application form / processed and Units shall e-mail the annual report or an abridged summary thereof to such Unitholders. The Unitholders form / transaction request transaction request be allotted under whose e-mail addresses are not registered with the Fund may submit a request to the AMC 1 Not mentioned Not mentioned Direct Plan / Registrar & Transfer Agent to update their email ids or communicate their preference to 2 Not mentioned Direct Direct Plan continue receiving a physical copy of the scheme wise annual report or an abridged summary thereof. Unitholders may also request for a physical or electronic copy of the annual report / 3 Not mentioned Regular Direct Plan abridged summary, by writing to the AMC at [email protected] from their registered 4 Mentioned Direct Direct Plan email ids or calling the AMC on the toll free number 1800 419 6244 or by submitting a written 5 Direct Not mentioned Direct Plan request at any of the nearest Investor Service Centers of the Fund. 6 Direct Regular Direct Plan
Further, the AMC shall publish an advertisement in all India edition of at least two newspapers, 7 Mentioned Regular Regular Plan one each in English and Hindi, every year disclosing the hosting of the scheme wise annual 8 Mentioned Not mentioned Regular Plan report on its website and on the website of AMFI. The AMC shall provide a physical copy of In cases of wrong/ invalid/ incomplete ARN codes mentioned on the application form, the the abridged summary of the annual report, without charging any cost, on specific request application shall be processed under Regular Plan. The AMC shall endeavour to contact the received from a Unitholder. investor/distributor and obtain the correct ARN code within 30 calendar days of the receipt of the application form from the investor/ distributor. In case, the correct code is not received Fortnightly , Monthly and Half-Yearly Portfolio Disclosures within 30 calendar days, the AMC shall reprocess the transaction under Direct Plan from the The AMC shall disclose portfolio (along with ISIN and yield of the instruments) of all the debt date of application without any exit load. Scheme(s) of the Fund in the prescribed format, as on the last day of the fortnight on its website viz. www.mahindramanulife.com within 5 days from the end of each fortnight (i.e. for Product Labelling/ Risk-o-meter the periods from 1st day of the month to the 15th day of the same month and from 16th day of In terms of SEBI Circular no. SEBI/HO/IMD/DF3/CIR/P/2020/197 dated October 5, 2020 and the month till the last day of the same month). clarifications issued by SEBI in this regard, the Mutual Fund/AMC shall evaluate the Risk- o-meter of the Scheme on a monthly basis and shall disclose the same along with portfolio Further, the AMC shall also disclose portfolio of all the Scheme(s) along with ISIN as on the last disclosure of the Scheme on its website viz. www.mahindramanulife.com and on the website day of each month / half year on its website viz. HYPERLINK "http://www.mahindramanulife. of AMFI viz. www.amfiindia.com within 10 days from the close of each month. Further, any com" www.mahindramanulife.com and on the website of AMFI viz. HYPERLINK "http://www. change in Risk-o-meter shall be communicated by way of Notice-cum-Addendum and by way amfiindia.com" www.amfiindia.com within 10 days from the close of each month/ half-year of an e-mail or SMS to unitholders of the Scheme. respectively in a user-friendly and downloadable spreadsheet format. Stamp Duty In case of Unitholders whose e-mail addresses are registered, the AMC shall send via e-mail the fortnightly, monthly and half-yearly statement of the Scheme’s portfolio within 5 days Pursuant to Notification No. S.O. 4419(E) dated December 10, 2019 and subsequent notifications from the close of each fortnight and within 10 days from the close of each month/ half-year issued in this regard, by Department of Revenue, Ministry of Finance, Government of India, read with Part I of Chapter IV of Notification dated February 21, 2019 issued by Legislative respectively. Further, the AMC shall publish an advertisement in all India edition of at least Department, Ministry of Law and Justice, Government of India on the Finance Act, 2019: two newspapers, one each in English and Hindi, every half year disclosing the hosting of the half-yearly statement of the schemes’ portfolio(s) on the AMC’s website and on the website of a. a stamp duty @ 0.005% of the transaction value would be levied on all mutual fund AMFI. The AMC shall provide a physical copy of the statement of the Scheme portfolio, without purchase transactions (including fresh / additional purchases, switch-in transactions, all charging any cost, on specific request received from a Unitholder. SIP / STP-in instalments and IDCW re-investments) at the time of allotment of units;
Half Yearly Unaudited Financial Results Pursuant to levy of stamp duty, the number of units allotted on such purchase transactions to the unitholders would be reduced to that extent. The Mutual Fund shall within one month from the close of each half year (i.e. 31st March and 30th September), host a soft copy of its unaudited financial results on its website b. a stamp duty @0.015% of the transaction value would be levied on transfer of mutual www.mahindramanulife.com. The Mutual Fund shall also publish an advertisement disclosing fund units. the hosting of such financial results on its website, in at least one English daily newspaper Further, it is hereby clarified that stamp duty shall not be levied on redemption of units by having nationwide circulation and in a newspaper having wide circulation published in the unitholders.
29 COMPARISON OF EXISTING SCHEMES Equity Schemes The following table shows the differentiation of the Scheme with the existing open ended equity oriented schemes of Mahindra Manulife Mutual Fund:
Scheme Name Investment Objective Asset Allocation Number of Folios AUM as on as on April 30, 2021 April 30, 2021 (Rs. In crores) Mahindra Manulife The investment objective of the Equity and Equity related Securities$^: 65% - 100% 19,125 297.42 Focused Equity Yojana scheme is to generate long term Debt and Money Market Securities (including TREPS (Tri-Party capital appreciation by investing in Repo), Reverse Repo): 0% - 35% a concentrated portfolio of equity & equity related instruments of Units issued by REITs & InvITs: 0% - 10% maximum 30 companies across $ Subject to overall limit of 30 stocks across market capitalization. market capitalisation. However, there can be no assurance that the ^ including derivative instruments to the extent of 50% of the investment objective of the Scheme Net Assets of the Scheme. Investment in derivatives shall be for will be achieved. hedging, portfolio balancing and such other purposes as maybe permitted from time to time under the Regulations and subject to guidelines issued by SEBI/RBI from time to time. Mahindra Manulife Top The investment objective of the Equity and Equity related Securities^ of which: 80% - 100% 21,336 307.77 250 Nivesh Yojana Scheme is to seek long term capital a) Large Cap Companies*: 35%-65% growth through investments in equity and equity related securities b) Mid Cap Companies#: 35% - 65% of both large cap and mid cap stocks. c) Other than Large Cap and Mid Cap Companies: 0%& - 30% However, there can be no assurance that the investment objective of the Debt and Money Market Securities^ (including TREPS (Tri-Party Scheme will be achieved Repo), Reverse Repo): 0% - 20% Units issued by REITs & InvITs: 0% - 10% ^ including derivative instruments to the extent of 50% of the Net Assets of the Scheme. Investment in derivatives shall be for hedging, portfolio balancing and such other purposes as maybe permitted from time to time under the Regulations and subject to guidelines issued by SEBI/RBI from time to time. *Definition of Large Cap Companies: 1st – 100th company in terms of full Market Capitalization. #Definition of Mid Cap Companies: 101st – 250th company in terms of full Market Capitalization. For the purpose of this definition(s), the list of stocks prepared by AMFI in this regard will be adopted. Mahindra Manulife The investment objective of the Equity and Equity related Securities of Large cap companies^*: 10,678 107.81 Large Cap Pragati Scheme is to provide long term 80%-100% Yojana capital appreciation & provide Equity and Equity related Securities of other companies^: long-term growth opportunities by 0% - 20% investing in a portfolio constituted of equity & equity related securities and Debt and Money Market Securities^ (including TREPS, Reverse derivatives predominantly in large Repo): 0% - 20% cap companies. However, there can Units issued by REITs & InvITs: 0% - 10% be no assurance that the investment objective of the Scheme will be ^ including derivative instruments to the extent of 50% of the achieved Net Assets of the Scheme. Investment in derivatives shall be for hedging, portfolio balancing and such other purposes as maybe permitted from time to time under the Regulations and subject to guidelines issued by SEBI/RBI from time to time. *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. Mahindra Manulife The investment objective of the Equity and Equity related Securities^ of which : 75% - 100% 35,307 472.35 Multi Cap Badhat Yojana Scheme is to provide medium to (i) Large Cap Companies* : 25% - 50% long term capital appreciation through appropriate diversification (ii) Mid Cap Companies** : 25% - 50% and taking low risk on business (iii) Small Cap Companies*** : 25% - 50% quality. The diversified portfolio would predominantly consist of Debt and Money Market Securities^ (including TREPS, Reverse equity and equity related securities Repo and units of liquid mutual fund schemes)^: 0% - 25% including derivatives. However, ^ including derivative instruments to the extent of 50% of the there can be no assurance that the Net Assets of the Scheme. Investment in derivatives shall be for investment objective of the Scheme hedging, portfolio balancing and such other purposes as maybe will be achieved. permitted from time to time under the Regulations and subject to guidelines issued by SEBI/RBI from time to time. *Definition of Large Cap Companies: 1st – 100th company in terms of full Market Capitalization. **Definition of Mid Cap Companies: 101st – 250th company in terms of full Market Capitalization. ***Definition of Small Cap Companies: 251st company onwards in terms of full Market Capitalization. For the purpose of these definition, the list of stocks prepared by AMFI in this regard will be adopted.
30 COMPARISON OF EXISTING SCHEMES Equity Schemes The following table shows the differentiation of the Scheme with the existing open ended equity oriented schemes of Mahindra Manulife Mutual Fund:
Scheme Name Investment Objective Asset Allocation Number of Folios AUM as on as on April 30, 2021 April 30, 2021 (Rs. In crores) Mahindra Manulife The investment objective of the Equity and Equity related Securities*: 80% - 100% 33,264 348.46 ELSS Kar Bachat Yojana Scheme is to generate long-term Debt and Money Market Securities (including TREPS and Reverse capital appreciation through a Repo): 0% - 20% diversified portfolio of equity and equity related securities. The Scheme * Equity related Securities shall mean equities, cumulative does not guarantee or assure any convertible preference shares and fully convertible debentures returns. and bonds of companies. Investment may also be made in partly convertible issues of debentures and bonds including those issued on rights basis subject to the condition that, as far as possible, the non-convertible portion of the debentures so acquired or subscribed, shall be disinvested within a period of 12 (twelve) months. Mahindra Manulife Mid The investment objective of the Equity and Equity related Securities of Mid Cap Companies^*: 46,780 649.65 Cap Unnati Yojana Scheme is to seek to generate long 65%-100% term capital appreciation & provide Equity and Equity related Securities of Non Mid Cap Companies^: long-term growth opportunities by 0%-35% investing in a portfolio constituted of equity & equity related securities and Debt and Money Market Securities^ (including TREPS, Reverse derivatives predominantly in mid Repo and units of liquid mutual fund schemes): 0% - 35% cap companies. However, there can Units issued by REITs & InvITs: 0% - 10% be no assurance that the investment objective of the Scheme will be ^ including derivative instruments to the extent of 50% of the achieved. Net Assets of the Scheme. Investment in derivatives shall be for hedging, portfolio balancing and such other purposes as maybe permitted from time to time under the Regulations and subject to guidelines issued by SEBI/RBI from time to time. *Definition of Mid Cap Companies: 101st – 250th 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. Mahindra Manulife The investment objective of the Equity and Equity Related Instruments of entities having exposure 5,424 49.68 Rural Bharat and Scheme is to provide long-term towards rural India^: 80%-100% Consumption Yojana capital appreciation by investing Equity and Equity Related Instruments of entities other than predominantly in equity and equity having exposure to rural India^: 0%-20% related instruments of entities engaged in and/ or expected to Debt and Money Market Securities^ (including TREPS, Reverse benefit from the growth in rural India. Repo): 0%-20% However, there can be no assurance Units issued by REITs & InvITs: 0%-10% that the investment objective of the Scheme will be achieved ^ including derivative instruments to the extent of 50% of the Net Assets of the Scheme. Investment in derivatives shall be for hedging, portfolio balancing and such other purposes as maybe permitted from time to time under the Regulations and subject to guidelines issued by SEBI/RBI from time to time.
31 COMPARISON OF EXISTING SCHEMES Debt schemes The following table shows the differentiation of the Scheme with the existing open ended debt/liquid schemes of Mahindra Manulife Mutual Fund:
Scheme Name Investment Objective Asset Allocation Number of Folios as on AUM as on April 30, 2021 April 30, 2021 (Rs. in crores) Mahindra The Scheme seeks to deliver reasonable market Money Market instruments (including cash, repo, 3,424 1,634.21 Manulife Liquid related returns with lower risk and higher CPs, CDs, Treasury Bills and Government securities) Fund liquidity through a portfolio of money market with maturity / residual maturity up to 91 days: and debt instruments. However, there is no 50% - 100% assurance that the investment objective of the Debt instruments (including floating rate debt Scheme will be realized and the Scheme does not instruments and securitized debt)* with maturity/ assure or guarantee any returns. residual maturity up to 91 days: 0% - 50% *securitized debt cumulative allocation not to exceed 30% of the net assets of the Scheme. Mahindra The investment objective of the Scheme is Debt*and Money Market Instruments: 0%-100% 2,485 154.88 Manulife Short to generate income and capital appreciation Units issued by REITs & InvITs: 0% - 10% Term Fund through an actively managed diversified portfolio of Debt & Money Market instruments such that *Includes securitized debt (excluding foreign the Macaulay duration of the portfolio is between securitized debt) and debt instruments having 1 year to 3 years. However, there is no assurance structured obligations/credit enhancements (such or guarantee that the investment objective of the as corporate / promoter guarantee, conditional Scheme will be achieved. The Scheme does not and contingent liabilities, covenants, pledge and assure or guarantee any returns. / or Non Disposal Undertaking of shares etc) upto 35% of the net assets of the Scheme Mahindra The investment objective of the Scheme is to Money Market & Debt instruments: 0% - 100% 10,265 602.30 Manulife Low provide reasonable returns, commensurate with Units issued by REITs & InvITs: 0% - 10% Duration Fund a low to moderate level of risk and high degree of liquidity, through a portfolio constituted of *Includes securitized debt up to 30% of the net money market and debt instruments. However, assets of the Scheme. there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns. Mahindra The investment objective of the Scheme is to Debt* & Money Market instruments: 0% - 100% 1,887 132.77 Manulife Dynamic generate regular returns and capital appreciation Units issued by REITs & InvITs: 0% - 10% Bond Yojana through an active management of a portfolio constituted of money market and debt * Includes securitized debt and debt instruments instruments across duration. However, there is having structured obligations/credit no assurance that the investment objective of the enhancements (such as corporate / promoter Scheme will be realized and the Scheme does not guarantee, conditional and contingent liabilities, assure or guarantee any returns. covenants, pledge and / or Non Disposal Undertaking of shares etc) upto 35% of the net assets of the Scheme.
Mahindra The investment objective of the Scheme is to Debt*and Money Market Instruments: 0%-100% 2,033 211.84 Manulife Ultra generate regular income and capital appreciation Units issued by REITs & InvITs: 0% - 10% Short Term Fund through investment in a portfolio of short term debt & money market instruments such that the *Includes securitized debt up to 30% of the net Macaulay duration of the portfolio is between assets of the Scheme and structured obligations 3 - 6 months. However, there is no assurance or (such as corporate / promoter guarantee, guarantee that the investment objective of the conditional and contingent liabilities, covenants, Scheme will be achieved. The Scheme does not pledge and / or Non Disposal Undertaking of shares assure or guarantee any returns. etc) upto 25% of the net assets of the Scheme Mahindra The primary objective of the Scheme is to seek Debt & money market instruments maturing on or 507 48.63 Manulife to generate returns commensurate with low risk before the next business day including TREPS (Tri- Overnight Fund and providing high level of liquidity, through Party Repo) and Reverse Repo) : 0% - 100% investments made primarily in overnight securities having maturity of 1 business day including TREPS (Tri-Party Repo) and Reverse Repo. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
32 COMPARISON OF EXISTING SCHEMES Hybrid schemes The following table shows the differentiation of the Scheme with the existing open ended hybrid schemes of Mahindra Manulife Mutual Fund:
Scheme Name Investment Objective Asset Allocation Number of Folios as on AUM as on April 30, 2021 April 30, 2021 (Rs. In crores) Mahindra Manulife The Scheme seeks to generate long term Equity and Equity related Securities^ of which: 65% - 85% 13,183 227.57 Equity Savings Dhan capital appreciation and also income (i) Equity and Equity related securities (unhedged)*: 40% - 60% Sanchay Yojana through investments in equity and equity related instruments, arbitrage (ii) Equities, equity related securities and derivatives including opportunities and investments in index futures, stock futures, index options, & stock options, debt and money market instruments. etc. as part of hedged / arbitrage exposure (hedged)*: However, there can be no assurance that 5% - 25% the investment objective of the Scheme Debt and Money Market Securities^: 15% - 35% will be achieved. The Scheme does not Units issued by REITs & InvITs: 0% - 10% assure or guarantee any returns. If the debt / money market instruments offer better returns than the arbitrage opportunities available in cash and derivatives segments of equity markets then the investment manager may choose to have a lower equity exposure. In such defensive circumstances the asset allocation will be as mentioned below: Equity and Equity related Securities^ of which: 45% - 65% (i) Equity and Equity related securities (unhedged)*: 40% - 60% (ii) Equities, equity related securities and derivatives including index futures, stock futures, index options, & stock options, etc. as part of hedged / arbitrage exposure (hedged)*: 0% - 5% Debt and Money Market Securities^: 35% - 55% Units issued by REITs & InvITs: 0% - 10% *Equity allocation is measured as the Gross exposure to equities, equity related instruments and derivatives. The Scheme will enter into derivatives transactions for hedging and/or portfolio rebalancing. The derivative positions will be hedged against corresponding positions in either equity or derivative markets depending on the strategies involved and execution costs. On the total portfolio level the scheme does not intend to take a net short exposure to equity markets. Unhedged positions in the portfolio (investments in equity shares without corresponding exposure to equity derivative) shall not exceed 60% of the net assets ^The Scheme may also use derivatives for such purposes as maybe permitted by the Regulations, including for the purpose of hedging and portfolio balancing, based on the opportunities available and subject to guidelines issued by SEBI from time to time. The Scheme may also use fixed income derivative instruments subject to the guidelines as maybe issued by SEBI and RBI and for such purposes as maybe permitted from time to time. Mahindra Manulife The investment objective of the Scheme Equity & Equity related instruments including Equity Derivatives 1886 29.49 Arbitrage Yojana is to generate income by predominantly *: 65% - 100% investing in arbitrage opportunities in Debt and Money Market Securities (including TREPS (Tri-Party the cash and derivatives segment of Repo), Reverse Repo): 0% - 35% the equity market and the arbitrage opportunities available within the Units issued by REITs & InvITs: 0% - 10% derivative segment and by investing If the arbitrage opportunities in the market are not available the balance in debt and money market / negligible or returns are lower than alternative investment instruments. However, there can be no opportunities as per the allocation pattern, then the Fund Manager assurance that the investment objective may choose to follow an alternate asset allocation, keeping in view of the Scheme will be achieved. the interest of the unitholders. In such defensive circumstances, the asset allocation of the Scheme will be as per the below table: Equity & Equity related instruments including Equity Derivatives*: 0% - 65% Debt and Money Market Securities: 35% - 100% Units issued by REITs & InvITs: 0% - 10% *The Scheme will use derivatives (including index futures, stock futures, index options and stock options) as part of the arbitrage strategy of the Scheme and subject to guidelines issued by SEBI from time to time. The exposure to derivatives shown in the above asset allocation table shall a be hedged exposure taken against the underlying equity investments i.e. in case the Scheme shall have a long position in a security and a corresponding short position in the same security in a different segment, then the exposure for the purpose of asset allocation will be counted only for the long position in terms of SEBI Circular No. Cir/ IMD/ DF/ 11 / 2010 dated August 18, 2010. Mahindra Manulife The Scheme seeks to generate long Equity and Equity related Securities^: 65% - 80% 10,304 193.74 Hybrid Equity term capital appreciation and also Debt and Money Market Securities^: 20% - 35% Nivesh Yojana income through investments in equity and equity related instruments and Units issued by REITs & InvITs: 0% - 10% investments in debt and money market ^ including derivative instruments to the extent of 50% of the instruments. However, there can be no Net Assets of the Scheme. Investment in derivatives shall be for assurance that the investment objective hedging, portfolio balancing and such other purposes as maybe of the Scheme will be achieved. The permitted from time to time under the Regulations and subject to Scheme does not assure or guarantee guidelines issued by SEBI/RBI from time to time. any returns
33 PERFORMANCE OF THE SCHEMES
MAHINDRA MANULIFE LIQUID FUND MAHINDRA MANULIFE LOW DURATION FUND (Scheme Code : MMLF) (Scheme Code : MMLDF) Absolute Returns of the Scheme for each financial year for the last 5 years 1 Absolute Returns of the Scheme for each financial year for the last 5 years 1
10.00% 8.06% 8.28% 7.68% 8.16% 9.00% 8.02% 6.87% 7.54% 7.62% 6.36% 7.12% 7.08% 7.41% 6.52% 8.00% 8.00% 6.80% 6.84% 6.80% 6.71% 6.84% 6.07% 6.11% 7.00% 5.26% 6.24% 6.37% 6.00% 5.25% 6.00% 5.16% 3.76% 4.07% 5.00% 3.65% 4.00% 4.00% 0.99% 3.00% 2.00% 0.88% 2.00% 1.00% 0.00% 0.00% FY 2016-17 FY 2017-18 FY 2018 -19 FY 2019-20 FY 2020-21 FY 2016-17 FY 2017-18 FY 2018 -19 FY 2019-20 FY 2020-21 Regular Plan Direct Plan CRISIL Low Duration Debt Index Regular Plan Direct Plan Crisil Liquid Fund Index
Compounded Annualised Returns as on April 30, 2021 2 Compounded Annualised Returns as on April 30, 2021 2 Period MMLF Benchmark Period MMLDF Benchmark Regular Plan Direct Plan CRISIL Liquid Fund Index Regular Plan Direct Plan Crisil Low Duration Debt Index Returns for the last 1 year 3.49% 3.60% 3.95% Returns for the last 1 year 5.44% 6.30% 6.53% Returns for the last 3 years 5.70% 5.82% 5.93% Returns for the last 3 years 6.61% 7.51% 7.61% Returns since inception 6.13% 6.27% 6.28% Returns since inception 6.45% 7.39% 7.35% Date of Allotment/Inception 04-Jul-16 Date of Allotment/Inception 15-Feb-17
MAHINDRA MANULIFE EQUITY SAVINGS DHAN SANCHAY YOJANA MAHINDRA MANULIFE ELSS KAR BACHAT YOJANA (Scheme Code : MMESDSY) (Scheme Code : MMEKBY) Absolute Returns of the Scheme for each financial year for the last 5 years 1 Absolute Returns of the Scheme for each financial year for the last 5 years 1
73.55% 70.00% 60.08% 74.61% 60.00% 80.00% 70.68% 50.00% 36.76% 39.03% 60.00% 40.00% 40.00% 11.89% 30.00% 6.02% 11.38% 12.42% 15.02% 20.00% 10.81% 20.00% 10.16% 6.63% 5.95% 3.58% 2.92% 8.46% 4.89% 3.47% 1.48% 10.00% 2.52% 2.14% 2.78% 0.00% 0.00% -20.00% -10.00% -7.48% -24.31% -25.91% -20.00% -8.96% -40.00% -23.01% -30.00% -20.03% FY 2016-17 FY 2017-18 FY 2018 -19 FY 2019-20 FY 2020-21 FY 2016-17 FY 2017-18 FY 2018 -19 FY 2019-20 FY 2020-21 Regular Plan Direct Plan Ni�y 200 Index TRI Regular Plan Direct Plan Composite Benchmark
Compounded Annualised Returns as on April 30, 2021 3 Compounded Annualised Returns as on April 30, 2021 3 Period MMESDSY Benchmark Period MMEKBY Benchmark # Regular Plan Direct Plan Composite Benchmark Regular Plan Direct Plan Nifty 200 Index TRI Returns for the last 1 year 27.35% 29.45% 42.52% Returns for the last 1 year 51.33% 53.86% 52.54% Returns for the last 3 years 7.93% 9.83% 11.71% Returns for the last 3 years 7.86% 9.80% 10.72% Returns since inception 8.04% 10.12% 13.33% Returns since inception 9.30% 11.50% 12.92% Date of Allotment/Inception 1-Feb-2017 #Composite Benchmark: 55% Nifty Index TRI + 30% Crisil Composite Bond Fund Index+15% Crisil Liquid Fund Index. Date of Allotment/Inception 18-Oct- 16
MAHINDRA MANULIFE MULTI CAP BADHAT YOJANA MAHINDRA MANULIFE MID CAP UNNATI YOJANA (Scheme Code : MMMBY) (Scheme Code : MMMUY) Absolute Returns of the Scheme for each financial year for the last 5 years 1 Absolute Returns of the Scheme for each financial year for the last 5 years 1
92.98% 100.00% 89.88% 75.94% 79.02% 100.00% 77.36% 80.00% 74.48% 80.00% 60.00% 60.00% 40.00% 13.80% 7.27% 5.45% 40.00% 20.00% 4.81% 3.24% 20.00% 0.00% 1.21% -20.00% 0.00% -17.60% -0.85% -2.07% -40.00% -9.31% -20.00% -4.75% -18.96% -29.95% -16.25% FY 2017-18 FY 2018 -19 FY 2019-20 FY 2020-21 -5.03% -9.12% -40.00% -17.56% -30.58% Regular Plan Direct Plan NIFTY 500 Multicap 50:25:25 TRI Index FY 2017-18 FY 2018 -19 FY 2019-20 FY 2020-21 Regular Plan Direct Plan S&P BSE Midcap Index TRI
Compounded Annualised Returns as on April 30, 2021 3 Compounded Annualised Returns as on April 30, 2021 3 Period MMMCBY Benchmark Period MMMCUY Benchmark Regular Plan Direct Plan NIFTY 500 Multicap Regular Plan Direct Plan S&P BSE Midcap Index TRI 50:25:25 TRI Index Returns for the last 1 year 62.10% 64.76% 70.96% Returns for the last 1 year 57.91% 60.67% 68.73% Returns for the last 3 year 10.96% 12.90% 7.29% Returns for the last 3 year 13.08% 15.15% 9.19% Returns since inception 10.59% 12.56% 5.68% Returns since inception 12.31% 14.60% 10.68% Date of Allotment/Inception 30-Jan-18 Date of Allotment/Inception 11-May-17 34 PERFORMANCE OF THE SCHEMES
MAHINDRA MANULIFE DYNAMIC BOND YOJANA MAHINDRA MANULIFE RURAL BHARAT AND CONSUMPTION YOJANA (Scheme Code : MMDBY) (Scheme Code : MMRBCY) Absolute Returns of the Scheme for each financial year for the last 5 years 1 Absolute Returns of the Scheme for each financial year for the last 5 years1
80.00% 74.61% 14.00% 12.61% 51.01% 60.00% 48.63% 12.00% 10.21% 10.00% 8.31% 40.00% 7.14% 7.69% 8.00% 2.88% 4.91% 5.11% 20.00% 9.14% 6.00% 4.19% 3.94% 2.08% 4.00% 0.00%
2.00% -20.00% 0.00% -23.53% -25.91% FY 2018 -19 FY 2019-20 FY 2020-21 -40.00% -22.03% FY 2018 -19 FY 2019-20 FY 2020-21 Regular Plan Direct Plan Crisil Composite Bond Fund Index Regular Plan Direct Plan Nifty 200 Index TRI
Compounded Annualised Returns as on April 30, 2021 3 Compounded Annualised Returns as on April 30, 2021 3 Period MMCRF Benchmark Period MMRBCY Benchmark Regular Plan Direct Plan CRISIL Composite Bond Fund Regular Plan Direct Plan Nifty 200 Index TRI Index Returns for the last 1 year 38.06% 40.28% 52.54% Returns for the last 1 year 4.95% 6.11% 7.81% Returns since inception 7.22% 9.15% 14.82% Returns since inception 5.84% 7.02% 10.21% Date of Allotment/Inception 13- Nov -18 Date of Allotment/Inception 20- Aug -18
MAHINDRA MANULIFE LARGE CAP PRAGATI YOJANA MAHINDRA MANULIFE OVERNIGHT FUND (Scheme Code : MMLPY) (Scheme Code : MMOF) Absolute Returns of the Scheme for each financial year for the last 5 years 1 Absolute Returns of the Scheme for each financial year for the last 5 years 1
68.15% 3.40% 3.32% 72.54% 3.24% 80.00% 65.18% 3.07% 3.20% 60.00% 3.08% 2.97% 40.00% 3.00% 2.90% 1.05% 20.00% 2.80% 0.93% 1.75% 0.00% 2.60% -20.00% FY 2019-20 FY 2020-21 -21.86% -24.85% -40.00% -20.26% Regular Plan Direct Plan CRISIL Overnight Index FY 2018 -19 FY 2019-20 FY 2020-21
Regular Plan Direct Plan Nifty 50 Index TRI
Compounded Annualised Returns as on April 30, 2021 2 Compounded Annualised Returns as on April 30, 2021 3 Period MMOF Benchmark Period MMLPY Benchmark Regular Plan Direct Plan CRISIL Overnight Index Regular Plan Direct Plan NIFTY 50 Index TRI Returns for the last 1 year 3.00% 3.10% 3.14% Returns for the last 1 year 47.30% 49.91% 49.89% Returns since inception 3.66% 3.76% 3.81% Returns since inception 13.69% 15.88% 13.59% Date of Allotment/Inception 23-Jul-19 Date of Allotment/Inception 15- Mar -19
MAHINDRA MANULIFE ULTRA SHORT TERM FUND MAHINDRA MANULIFE HYBRID EQUITY NIVESH YOJANA (Scheme Code : MMUSTF) (Scheme Code : MMHENY) Absolute Returns of the Scheme for each financial year for the last 5 years 1 Absolute Returns of the Scheme for each financial year for the last 5 years 1
6.00% 5.30% 5.48% 4.86% 57.49% 80.00% 61.18% 5.00% 54.65% 60.00% 4.00% 3.27% 40.00% 3.07% 2.90% 3.00% 20.00% 2.00% 0.00% -20.00% -9.52% -8.33% 1.00% -18.36% -40.00% 0.00% FY 2019-20 FY 2020-21 FY 2019-20 FY 2020-21 Regular Plan Direct Plan CRISIL Hybrid 25+75 - Aggressive Index Regular Plan Direct Plan CRISIL Ultra Short Term Debt Index
Compounded Annualised Returns as on April 30, 2021 2 Compounded Annualised Returns as on April 30, 2021 3 Period MMUSTF Benchmark Period MMHENY Benchmark Regular Plan Direct Plan CRISIL Ultra Short Term Regular Plan Direct Plan CRISIL Hybrid 25+75 - Debt Index Aggressive Index Returns for the last 1 year 4.76% 5.20% 5.31% Returns for the last 1 year 41.82% 44.42% 44.52% Returns since inception 5.40% 5.84% 5.75% Returns since inception 20.96% 23.21% 16.86% Date of Allotment/Inception 17-Oct-19 Date of Allotment/Inception 19-Jul-19
35 MAHINDRA MANULIFE TOP 250 NIVESH YOJANA MAHINDRA MANULIFE FOCUSED EQUITY YOJANA (Scheme Code : MMTNY) (Scheme Code : MMFEY) Absolute Returns of the Scheme for each financial year for the last 5 years 1 Absolute Returns of the Scheme for each financial year for the last 5 years 1
FY 2019-20 FY 2020-21 100.00% 85.91% 25.00% 73.13% 76.38% 80.00% 20.00% 60.00% 40.00% 15.00% 20.00% 10.00%
0.00% 5.00% -20.00% 0.00% -40.00% -24.51% -24.21% -28.73% FY 2020-21
Regular Plan Direct Plan Nifty LargeMidcap 250 TRI Index Regular Plan Direct Plan NSE 500 Index TRI
Compounded Annualised Returns as on April 30, 2021 3 Absolute Returns as on April 30, 2021 3 Period MMTNY Benchmark Period MMFEY Benchmark Regular Plan Direct Plan Nifty Large Midcap Regular Plan Direct Plan NSE 500 Index TRI 250 TRI Index Returns for the last 1 year 56.08% 59.01% 63.42% Returns since inception 22.10% 23.29% 17.83% Returns since inception 23.30% 25.54% 24.19% Date of Allotment/Inception 17-Nov-20 Date of Allotment/Inception 30-Dec-19
MAHINDRA MANULIFE SHORT TERM FUND MAHINDRA MANULIFE ARBITRAGE YOJANA (Scheme Code : MMSTF) (Scheme Code : MMAY) Absolute Returns of the Scheme for each financial year for the last 5 years 1 Absolute Returns of the Scheme for each financial year for the last 5 years 1
0.80%
0.75% 2.50% 2.00% 0.70% 1.50% 1.00% 0.65% 0.50% 0.00% 0.60% FY 2020-21 FY 2020-21 Regular Plan Direct Plan Nifty 50 Arbitrage Index TRI Regular Plan Direct Plan Crisil Short Term Bond Fund Index
Absolute Returns as on April 30, 2021 3 Absolute Returns as on April 30, 2021 3 Period MMSTF Benchmark Period MMAY Benchmark Regular Plan Direct Plan Crisil Short Term Bond Regular Plan Direct Plan Nifty 50 Arbitrage Fund Index Index TRI Returns since inception 6.62% 7.57% 9.23% Returns since inception 1.84% 2.43% 2.61% Date of Allotment/Inception 23-Feb-21 Date of Allotment/Inception 24-Aug-20
1. Returns are computed from date of allotment/1st April, as the case may be, to 31st March of the respective financial year 2. Returns are calculated on Compounded Annualised basis for a period of more than a year and on an absolute basis for a period of less than a year. The “since inception” returns are calculated on Rs 1000/- invested at inception. For this purpose, inception date is deemed to be the date of allotment. The “returns” shown are for the growth option. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. 3. Returns are calculated on Compounded Annualised basis for a period of more than a year and on an absolute basis for a period of less than a year. The “since inception” returns are calculated on Rs 10/- invested at inception. For this purpose, inception date is deemed to be the date of allotment. The “returns” shown are for the growth option. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.
36 COMMON APPLICATION FORM
Investors must read the Key Information Memorandum and the General Instructions before completing this Form.
KEY PARTNER / AGENT INFORMATION (Refer General Instruction 1) ARN & ARN Name Sub Agent's ARN / Employee Unique RIA/PMRN Name & Code Internal Code for FOR OFFICE USE ONLY Bank Branch Code Identi cation Number (EUIN) Sub-Agent / Employee (TIME STAMP)
Consent for sharing Transaction Feed with RIA/PMRN (Applicable for investments through RIA/PMRN only): c I/We hereby give my/our consent to share/provide the transaction feed / portfolio holdings/ NAV etc. in respect of my/our investments under Direct Plan in the scheme(s) of Mahindra Manulife Mutual Fund, to the above mentioned SEBI Registered Investment Advisor (RIA) or SEBI Registered Portfolio Manager (PMRN). EUIN Declaration (only where EUIN box is left blank) (Refer General Instruction 1) c I/We hereby con rm that the EUIN box has been intentionally left blank by me/us as this transaction is executed without any interaction or advice by the employee/relationship manager/sales person of the above distributor/sub broker or notwithstanding the advice of in-appropriateness, if any, provided by the employee/relationship manager/sales person of the distributor/sub broker.
Sign Here Sign Here Sign Here First/ Sole Applicant/ Guardian / PoA Holder / Karta Second Applicant Third Applicant
TRANSACTION CHARGES FOR APPLICATIONS THROUGH DISTRIBUTORS ONLY (Refer General Instruction 2) (Please (3) any one) c I am a rst time investor in Mutual Funds c I am an existing investor in Mutual Funds (Default) In case the purchase/ subscription amount is Rs. 10,000 or more and your Distributor has opted in to receive Transaction Charges, the same are deductible as applicable from the purchase/subscription amount and payable to the Distributor. Transaction Charges in case of investments through SIP/Micro SIP are deductible only if the total commitment of investment (i.e. amount per SIP/Micro SIP installment x No. of installments) amounts to Rs. 10,000/- or more and shall be deducted in 3-4 installments. Units will be issued against the balance amount invested. Upfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based on the investors’ assessment of various factors including the service rendered by the ARN Holder.
1.EXISTING UNIT HOLDER INFORMATION (If you have existing Folio, please ll in folio no. in this section and proceed to sections 8 and 11.) (Refer General Instruction 3)
FOLIO NO.: The details in our records under the folio number mentioned alongside will apply for this application.
2. MODE OF HOLDING [Please tick (3) Single Joint Anyone or Survivor
3. UNIT HOLDER INFORMATION (Refer General Instruction 4) NAME OF FIRST / SOLE APPLICANT (In case of Minor, there shall be no jointholders) [Name and DOB shall be as per PAN for non-individual investors] Mr. Ms. M/s.
PAN#/ PEKRN# KYC Identi cation No. (KIN): [Please (3)] c #KYC Proof Attached(Mandatory)
GSTIN**
† † GENDER c Male c Female c Other DATE OF BIRTH / INCORPORATION D D M M Y Y Y Y Proof of date of birth (in case of minor) (3) c Attached †Date of birth and Proof of Date of birth is mandatory in case of investments made on behalf of minor. If date of birth is available in KRA records the same shall be updated for this folio / investment. Applications shall be liable for rejection if the date of birth is not mentioned in the application form or not available in KRA records or in case of mismatch of date of birth. ** Refer General Instruction 4F.
MAILING ADDRESS OF FIRST / SOLE APPLICANT (Mandatory) (Address should be as per KYC records) (Refer General Instruction 4A)
CITY STATE PIN CODE CONTACT DETAILS OF FIRST / SOLE APPLICANT Country Code STD Code Telephone : Off. Mobile No. Res. Fax ^^Email Id c I/we wish to receive physical copy of the Annual Report or Abridged Summary thereof (Applicable only if email id is not available) Overseas Address (Mandatory for NRI/PIO/FPI Applications)
^^ On providing email-id investors shall receive scheme wise annual report or an abridged summary thereof/ account statements/ statutory and other documents by email. (Refer General Instruction 9) #Please attach Proof. Refer General instruction No 15 for PAN/PEKRN and No 17 for KYC. NAME OF GUARDIAN (in case of First / Sole Applicant is a Minor) / PoA HOLDER Mr. Ms. M/s. Mobile No.
PAN#/ PEKRN# KYC Identi cation No. (KIN): [Please (3)] c #KYC Proof Attached(Mandatory)
CONTACT PERSON – DESIGNATION (in case of non-individual Investors) Relationship with Minor@ Please (3) c Father c Mother c Court appointed Legal Guardian Proof of relationship with minor@ Please (3) c Attached @ Mandatory Designation Mobile No. ADDITIONAL DETAILS REQUIRED (in case of non-individual Investors) Non-Individual Investors involved in/ providing any of the mentioned services (Please tick anyone) c Foreign Exchange / Money Changer Services c Gaming / Gambling / Lottery / Casino Services c Money Lending / Pawning c None of the above LEI* Contact Person Name
Designation Mobile No. Email * The Legal Entity Identi er (LEI) is a 20-digit number used to uniquely identify parties for all payment transactions of value ₹50 crore and above undertaken by entities (non-individuals) using Reserve Bank-run Centralised Payment Systems viz. Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT). In absence of LEI, the Fund will not be able to make payments (Redemption/Dividend) of value ₹50 crore and above, and shall not be held responsible for any non-receipt/ receipt of funds with a delay.
& TEAR HERE &
Acknowledgement Slip (To be lled by the applicant)
Head Office : Sadhana House, 1st Floor, 570 P B Marg, Worli, Mumbai – 400018. D D M M Y Y Y Y Date : ISC Stamp & Signature Received from Mr./Ms./M/s. ______an application for allotment of Units of the Plan / Option (as mentioned overleaf) of Mahindra Manulife Mutual Fund - along with Cheque / Demand Draft / Payment Instrument as detailed overleaf. ... continued overleaf 4. JOINT APPLICANT DETAILS, If any ( Refer General Instruction 4) ( in Case of Minor, there shall be no joint holders) 6. FATCA and CRS DETAILS For Individuals (Mandatory) Non Individual investors including HUF should mandatorily ll separate FATCA/CRS form
I. NAME OF SECOND APPLICANT Mr. Ms. M/s. Sole/First Applicant/Guardian Second Applicant Third Applicant GENDER c Male c Female c Other Place of Birth KYC Identi cation No. (KIN): PAN#/ PEKRN# [Please (✓)] c #KYC Proof Attached(Mandatory) Country of Birth Mobile No. ^^Email Id DATE OF BIRTH D D M M Y Y Y Y Nationality c Indian c U.S. c Others, please specify ______c Indian c U.S. c Others, please specify ______c Indian c U.S. c Others, please specify______c I/we wish to receive physical copy of the Annual Report or Abridged Summary thereof (Applicable only if email id is not available) Tax Residence Address Type c Residential c Registered Office c Business c Residential c Registered Office c Business c Residential c Registered Office c Business (as per KYC records) c c c c c c II. NAME OF THIRD APPLICANT Mr. Ms. M/s. Are you a tax resident (i.e., are Yes / No Yes / No Yes / No you assessed for Tax) in any GENDER c Male c Female c Other If 'YES', please ll below for ALL countries (other than India) in which you are a Resident for tax purposes i.e., where you are a Citizen / Resident / Green Card Holder / Tax Resident in the Respective countries. KYC Identi cation No. (KIN): PAN#/ PEKRN# other country outside India? [Please (✓)] c #KYC Proof Attached(Mandatory) Country of Tax Residency (1) (1) (1) Mobile No. ^^Email Id DATE OF BIRTH D D M M Y Y Y Y (2) (2) (2) c I/we wish to receive physical copy of the Annual Report or Abridged Summary thereof (Applicable only if email id is not available) (3) (3) (3) # Please attach Proof. Refer General Instruction No 15 for PAN/PEKRN and No 17 for KYC. Tax Identii cation Number OR (1) (1) (1) ^^ On providing email-id investors shall receive scheme wise annual report or an abridged summary thereof/ account statements/ statutory and other documents by email. (Refer General Instruction 9) Functional Equivalent (2) (2) (2) (3) (3) (3) 5. APPLICANT DETAILS (Mandatory) (Refer general instruction 4) Identi cation Type (1) (1) (1) 5a. Status of Applicants (Refer General Instruction4D) (Please tick one) (TIN of other, Please specify) (2) (2) (2) (3) (3) (3) Sole/First c Resident Individual c NRI-Repatriation c NRI-Non Repatriation c Partnership c Trust c HUF c AOP c PIO c Company If TIN is not available, 1 2 3 1 2 3 1 2 3 Applicant c Body Corporate c On Behalf of Minor c BOI c OCI c LLP c Bank c FI c Society / Club please tick the reason A,B, c A c B c C c A c B c C c A c B c C c A c B c C c A c B c C c A c B c C c A c B c C c A c B c C c A c B c C Individual or C (as de ned below) c Foreign National Resident in India c QFI c FPI c Sole Proprietorship c Non Profit Organisation c Others ______(Please specify) Non Individual Refer General Instructions 4C and 19 Reason A Ô The country where the Account Holder is liable to pay tax does not issue Tax identi cation Numbers to its residents. Ô Second c Resident Individual c NRI-Repatriation c NRI-Non Repatriation c Partnership c Trust c HUF c AOP c PIO c Company Reason B No TIN required. (Select this reason Only if the authorities of the respective country of tax residence do not require the TIN to be collected). Applicant Ô c Body Corporate c On Behalf of Minor c BOI c OCI c LLP c Bank c FI c Society / Club Reason C Others; please state the reason thereof______Individual c Foreign National Resident in India c QFI c FPI c Sole Proprietorship c Non Profit Organisation c Others ______(Please specify) 7. BANK ACCOUNT DETAILS OF THE FIRST / SOLE APPLICANT (For redemption purpose) (Refer General Instruction 6 & 10) Non Individual (Mandatory to attach proof, in case the pay-out bank account is different from the bank account mentioned under Section 8 below.) For unit holders opting to hold units in demat form, please ensure that the bank account linked with the demat account is mentioned here. Third c Resident Individual c NRI-Repatriation c NRI-Non Repatriation c Partnership c Trust c HUF c AOP c PIO c Company Applicant c Body Corporate c On Behalf of Minor c BOI c OCI c LLP c Bank c FI c Society / Club Bank Name Individual c Foreign National Resident in India c QFI c FPI c Sole Proprietorship c Non Profit Organisation c Others ______(Please specify) Branch Address Branch City Non Individual MICR Code (The 9 digit code appears on your cheque Account No. next to the cheque number) Account Type (Please ✓) c Savings c Current c NRO c NRE c FCNR c Others (please specify) ______5b. Occupation Details [Please tick (✓)] IFSC Code*** *** Refer General Instruction 6C (Mandatory for Credit via RTGS / NEFT) (11 Character code appearing on your cheque leaf. If you do not nd this on your cheque leaf, please check for the same with your bank) c Private Sector Service c Public Sector Service c Government Service c Student c Professional c Housewife c Business c Retired Sole/First Applicant Unitholders will receive redemption/ dividend (IDCW) proceeds directly into their bank account (as furnished in Section 8) via Direct credit / RTGS / NEFT facility unless speci ed otherwise in writing. Please select any one c Agriculturist c Proprietorship c Others ______(Please specify) 8. INVESTMENTS & PAYMENT DETAILS [Please (3)] (Refer Instruction 7 for Scheme details and Instruction 5 & 8 for Payment and Third Party Payment Details) The name of the rst/ sole applicant must be pre-printed on the cheque for lumpsum Investment/ SIP Registration. FOR DEFAULT OPTIONS, PLEASE REFER KIM. Second Applicant c Private Sector Service c Public Sector Service c Government Service c Student c Professional c Housewife c Business c Retired NOTE: In case of, Payment through single cheque, the cheque/DD should be issued in favour of 'Mahindra Manulife Multiple Schemes' for the total investment amount mentioned below and the Please select any one c Agriculturist c Proprietorship c Others ______(Please specify) cheque/DD details need to be lled only once. Same cheque cannot be used for both lumpsum & SIP investments. 8A. For Lumpsum Investment Payment Type : c Non-Third Party Payment c Third Party Payment (Please attach 'Third Party Payment Declaration Form') Third Applicant c Private Sector Service c Public Sector Service c Government Service c Student c Professional c Housewife c Business c Retired Payment Through : c Single Cheque c Multiple Cheques (Refer instruction 5 D) Please select any one c Agriculturist c Proprietorship c Others ______(Please specify) Cheque/ DD/ Scheme/Plan/Option/ DD Charges, Net DD / Cheque Drawn on Investment Payment Instrument/ Bank Account Number Sub-option if any Amount Bank / Branch Amount UTR No. & Date Mahindra Manulife 5c. Gross Annual Income / Net-worth (Rs.) ______Sole/First Applicant Gross Annual Income c Below 1 Lakh c 1 - 5 Lakhs c 5 - 10 Lakhs c 10 - 25 Lakhs c 25 Lakhs - 1 Cror e c >1 Crore or (Please select any one) Net-worth (Mandatory for Non-Individuals) Rs.______as on D D M M Y Y Y Y (Not older than 1 year) Mahindra Manulife Second Applicant Gross Annual Income c Below 1 Lakh c 1 - 5 Lakhs c 5 - 10 Lakhs c 10 - 25 Lakhs c 25 Lakhs - 1 Cror e c >1 Crore or ______(Please select any one) Net-worth (Mandatory for Non-Individuals) Rs.______as on D D M M Y Y Y Y (Not older than 1 year) TOTAL
Third Applicant Gross Annual Income c Below 1 Lakh c 1 - 5 Lakhs c 5 - 10 Lakhs c 10 - 25 Lakhs c 25 Lakhs - 1 Cror e c >1 Crore 8B. For investment through SIP / Micro SIP mode Payment Type : c Non-Third Party Payment c Third Party Payment (Please attach 'Third Party Payment Declaration Form') or (Please select any one) (Refer General Instruction 7) Payment Through : c Single Cheque c Multiple Cheques (Refer instruction 5 D) Net-worth (Mandatory for Non-Individuals) Rs.______as on D D M M Y Y Y Y (Not older than 1 year) Top-Up (Optional) (Refer instruction 7.6) Scheme/Plan/Option/Sub-option SIP Installment SIP Date(s) Frequency Period (Mention Cheque details, if attached) Amount (`) (Refer instruction 7.1) Top-Up Details CAP Details (Optional) Frequency 1. Mahindra Manulife Amount*(`) CAP Amount*(`) 5d. Politically Exposed Person (PEP) Status (Also applicable for authorised signatories/ Promoters/ Karta/ Trustee/ Whole time Directors) ¹ Monthly* Start: M M Y Y Y Y ¹ Yearly* End : M M Y Y Y Y Or Or Sole/First Applicant (Please select any one) c I am a PEP c I am Related to a PEP c Not Applicable ¹ Percentage CAP Month-Year ¹ Half-yearly Quarterly or ¹ Until cancelled* Cheque No. ______D D M M Y Y Y Y M M Y Y Y Y Second Applicant (Please select any one) c I am a PEP c I am Related to a PEP c Not Applicable 2. Mahindra Manulife Amount*(`) CAP Amount*(`) ¹ Monthly* Start: M M Y Y Y Y ¹ Yearly* Third Applicant (Please select any one) c I am a PEP c I am Related to a PEP c Not Applicable End : M M Y Y Y Y Or Or ¹ Percentage CAP Month-Year ¹ Half-yearly Quarterly or ¹ Until cancelled* Cheque No. ______D D M M Y Y Y Y TOTAL M M Y Y Y Y & TEAR HERE & * Default Option. Note: Top-Up SIP facility is available only through NACH debit mandate. In case of Quarterly SIP and Percentage based Top up, only Yearly Top-up frequency is available. Percentage based Top-up feature is not available for Mahindra Manulife ELSS Kar Scheme(s)/Plan(s)/Option(s)/ Sub-option(s) Bachat Yojana. CAP Amount: Max SIP installment amount (including Top-up). In case, the SIP installment amount exceeds the maximum amount mentioned in the debit mandate, the SIP will continue with the last SIP installment amount. CAP Month-Year: Month-Year from which SIP Top-Up will be discontinued. For existing investors if 1st SIP Installment is through NACH mandate attach ¹ Blank cancelled cheque OR ¹ Copy of cheque SIP through Post Dated Cheques (Use CTS (Cheque Truncation System) Cheques only) For SIP through Auto Debit / NACH Cheque / DD / Payment Instrument No. & Date Drawn on (Bank and Branch) Amount in Figures (Rs.) SIP 1 : Period M M Y Y Y Y TO M M Y Y Y Y No. of cheques attached please also ll & attach SIP SIP 2 : Period M M Y Y Y Y TO M M Y Y Y Y No. of cheques attached SIP/ Micro SIP Date (s)______Top Up SIP Amount / Percentage ______Frequency ______Registration cum Debit mandate form. The rst cheque & the Post dated cheques should be drawn on the same bank & account number. 4. JOINT APPLICANT DETAILS, If any ( Refer General Instruction 4) ( in Case of Minor, there shall be no joint holders) 6. FATCA and CRS DETAILS For Individuals (Mandatory) Non Individual investors including HUF should mandatorily ll separate FATCA/CRS form
I. NAME OF SECOND APPLICANT Mr. Ms. M/s. Sole/First Applicant/Guardian Second Applicant Third Applicant GENDER c Male c Female c Other Place of Birth KYC Identi cation No. (KIN): PAN#/ PEKRN# [Please (✓)] c #KYC Proof Attached(Mandatory) Country of Birth Mobile No. ^^Email Id DATE OF BIRTH D D M M Y Y Y Y Nationality c Indian c U.S. c Others, please specify ______c Indian c U.S. c Others, please specify ______c Indian c U.S. c Others, please specify______c I/we wish to receive physical copy of the Annual Report or Abridged Summary thereof (Applicable only if email id is not available) Tax Residence Address Type c Residential c Registered Office c Business c Residential c Registered Office c Business c Residential c Registered Office c Business (as per KYC records) c c c c c c II. NAME OF THIRD APPLICANT Mr. Ms. M/s. Are you a tax resident (i.e., are Yes / No Yes / No Yes / No you assessed for Tax) in any GENDER c Male c Female c Other If 'YES', please ll below for ALL countries (other than India) in which you are a Resident for tax purposes i.e., where you are a Citizen / Resident / Green Card Holder / Tax Resident in the Respective countries. KYC Identi cation No. (KIN): PAN#/ PEKRN# other country outside India? [Please (✓)] c #KYC Proof Attached(Mandatory) Country of Tax Residency (1) (1) (1) Mobile No. ^^Email Id DATE OF BIRTH D D M M Y Y Y Y (2) (2) (2) c I/we wish to receive physical copy of the Annual Report or Abridged Summary thereof (Applicable only if email id is not available) (3) (3) (3) # Please attach Proof. Refer General Instruction No 15 for PAN/PEKRN and No 17 for KYC. Tax Identii cation Number OR (1) (1) (1) ^^ On providing email-id investors shall receive scheme wise annual report or an abridged summary thereof/ account statements/ statutory and other documents by email. (Refer General Instruction 9) Functional Equivalent (2) (2) (2) (3) (3) (3) 5. APPLICANT DETAILS (Mandatory) (Refer general instruction 4) Identi cation Type (1) (1) (1) 5a. Status of Applicants (Refer General Instruction4D) (Please tick one) (TIN of other, Please specify) (2) (2) (2) (3) (3) (3) Sole/First c Resident Individual c NRI-Repatriation c NRI-Non Repatriation c Partnership c Trust c HUF c AOP c PIO c Company If TIN is not available, 1 2 3 1 2 3 1 2 3 Applicant c Body Corporate c On Behalf of Minor c BOI c OCI c LLP c Bank c FI c Society / Club please tick the reason A,B, c A c B c C c A c B c C c A c B c C c A c B c C c A c B c C c A c B c C c A c B c C c A c B c C c A c B c C Individual or C (as de ned below) c Foreign National Resident in India c QFI c FPI c Sole Proprietorship c Non Profit Organisation c Others ______(Please specify) Non Individual Refer General Instructions 4C and 19 Reason A Ô The country where the Account Holder is liable to pay tax does not issue Tax identi cation Numbers to its residents. Ô Second c Resident Individual c NRI-Repatriation c NRI-Non Repatriation c Partnership c Trust c HUF c AOP c PIO c Company Reason B No TIN required. (Select this reason Only if the authorities of the respective country of tax residence do not require the TIN to be collected). Applicant Ô c Body Corporate c On Behalf of Minor c BOI c OCI c LLP c Bank c FI c Society / Club Reason C Others; please state the reason thereof______Individual c Foreign National Resident in India c QFI c FPI c Sole Proprietorship c Non Profit Organisation c Others ______(Please specify) 7. BANK ACCOUNT DETAILS OF THE FIRST / SOLE APPLICANT (For redemption purpose) (Refer General Instruction 6 & 10) Non Individual (Mandatory to attach proof, in case the pay-out bank account is different from the bank account mentioned under Section 8 below.) For unit holders opting to hold units in demat form, please ensure that the bank account linked with the demat account is mentioned here. Third c Resident Individual c NRI-Repatriation c NRI-Non Repatriation c Partnership c Trust c HUF c AOP c PIO c Company Applicant c Body Corporate c On Behalf of Minor c BOI c OCI c LLP c Bank c FI c Society / Club Bank Name Individual c Foreign National Resident in India c QFI c FPI c Sole Proprietorship c Non Profit Organisation c Others ______(Please specify) Branch Address Branch City Non Individual MICR Code (The 9 digit code appears on your cheque Account No. next to the cheque number) Account Type (Please ✓) c Savings c Current c NRO c NRE c FCNR c Others (please specify) ______5b. Occupation Details [Please tick (✓)] IFSC Code*** *** Refer General Instruction 6C (Mandatory for Credit via RTGS / NEFT) (11 Character code appearing on your cheque leaf. If you do not nd this on your cheque leaf, please check for the same with your bank) c Private Sector Service c Public Sector Service c Government Service c Student c Professional c Housewife c Business c Retired Sole/First Applicant Unitholders will receive redemption/ dividend (IDCW) proceeds directly into their bank account (as furnished in Section 8) via Direct credit / RTGS / NEFT facility unless speci ed otherwise in writing. Please select any one c Agriculturist c Proprietorship c Others ______(Please specify) 8. INVESTMENTS & PAYMENT DETAILS [Please (3)] (Refer Instruction 7 for Scheme details and Instruction 5 & 8 for Payment and Third Party Payment Details) The name of the rst/ sole applicant must be pre-printed on the cheque for lumpsum Investment/ SIP Registration. FOR DEFAULT OPTIONS, PLEASE REFER KIM. Second Applicant c Private Sector Service c Public Sector Service c Government Service c Student c Professional c Housewife c Business c Retired NOTE: In case of, Payment through single cheque, the cheque/DD should be issued in favour of 'Mahindra Manulife Multiple Schemes' for the total investment amount mentioned below and the Please select any one c Agriculturist c Proprietorship c Others ______(Please specify) cheque/DD details need to be lled only once. Same cheque cannot be used for both lumpsum & SIP investments. 8A. For Lumpsum Investment Payment Type : c Non-Third Party Payment c Third Party Payment (Please attach 'Third Party Payment Declaration Form') Third Applicant c Private Sector Service c Public Sector Service c Government Service c Student c Professional c Housewife c Business c Retired Payment Through : c Single Cheque c Multiple Cheques (Refer instruction 5 D) Please select any one c Agriculturist c Proprietorship c Others ______(Please specify) Cheque/ DD/ Scheme/Plan/Option/ DD Charges, Net DD / Cheque Drawn on Investment Payment Instrument/ Bank Account Number Sub-option if any Amount Bank / Branch Amount UTR No. & Date Mahindra Manulife 5c. Gross Annual Income / Net-worth (Rs.) ______Sole/First Applicant Gross Annual Income c Below 1 Lakh c 1 - 5 Lakhs c 5 - 10 Lakhs c 10 - 25 Lakhs c 25 Lakhs - 1 Cror e c >1 Crore or (Please select any one) Net-worth (Mandatory for Non-Individuals) Rs.______as on D D M M Y Y Y Y (Not older than 1 year) Mahindra Manulife Second Applicant Gross Annual Income c Below 1 Lakh c 1 - 5 Lakhs c 5 - 10 Lakhs c 10 - 25 Lakhs c 25 Lakhs - 1 Cror e c >1 Crore or ______(Please select any one) Net-worth (Mandatory for Non-Individuals) Rs.______as on D D M M Y Y Y Y (Not older than 1 year) TOTAL
Third Applicant Gross Annual Income c Below 1 Lakh c 1 - 5 Lakhs c 5 - 10 Lakhs c 10 - 25 Lakhs c 25 Lakhs - 1 Cror e c >1 Crore 8B. For investment through SIP / Micro SIP mode Payment Type : c Non-Third Party Payment c Third Party Payment (Please attach 'Third Party Payment Declaration Form') or (Please select any one) (Refer General Instruction 7) Payment Through : c Single Cheque c Multiple Cheques (Refer instruction 5 D) Net-worth (Mandatory for Non-Individuals) Rs.______as on D D M M Y Y Y Y (Not older than 1 year) Top-Up (Optional) (Refer instruction 7.6) Scheme/Plan/Option/Sub-option SIP Installment SIP Date(s) Frequency Period (Mention Cheque details, if attached) Amount (`) (Refer instruction 7.1) Top-Up Details CAP Details (Optional) Frequency 1. Mahindra Manulife Amount*(`) CAP Amount*(`) 5d. Politically Exposed Person (PEP) Status (Also applicable for authorised signatories/ Promoters/ Karta/ Trustee/ Whole time Directors) ¹ Monthly* Start: M M Y Y Y Y ¹ Yearly* End : M M Y Y Y Y Or Or Sole/First Applicant (Please select any one) c I am a PEP c I am Related to a PEP c Not Applicable ¹ Percentage CAP Month-Year ¹ Half-yearly Quarterly or ¹ Until cancelled* Cheque No. ______D D M M Y Y Y Y M M Y Y Y Y Second Applicant (Please select any one) c I am a PEP c I am Related to a PEP c Not Applicable 2. Mahindra Manulife Amount*(`) CAP Amount*(`) ¹ Monthly* Start: M M Y Y Y Y ¹ Yearly* Third Applicant (Please select any one) c I am a PEP c I am Related to a PEP c Not Applicable End : M M Y Y Y Y Or Or ¹ Percentage CAP Month-Year ¹ Half-yearly Quarterly or ¹ Until cancelled* Cheque No. ______D D M M Y Y Y Y TOTAL M M Y Y Y Y & TEAR HERE & * Default Option. Note: Top-Up SIP facility is available only through NACH debit mandate. In case of Quarterly SIP and Percentage based Top up, only Yearly Top-up frequency is available. Percentage based Top-up feature is not available for Mahindra Manulife ELSS Kar Scheme(s)/Plan(s)/Option(s)/ Sub-option(s) Bachat Yojana. CAP Amount: Max SIP installment amount (including Top-up). In case, the SIP installment amount exceeds the maximum amount mentioned in the debit mandate, the SIP will continue with the last SIP installment amount. CAP Month-Year: Month-Year from which SIP Top-Up will be discontinued. For existing investors if 1st SIP Installment is through NACH mandate attach ¹ Blank cancelled cheque OR ¹ Copy of cheque SIP through Post Dated Cheques (Use CTS (Cheque Truncation System) Cheques only) For SIP through Auto Debit / NACH Cheque / DD / Payment Instrument No. & Date Drawn on (Bank and Branch) Amount in Figures (Rs.) SIP 1 : Period M M Y Y Y Y TO M M Y Y Y Y No. of cheques attached please also ll & attach SIP SIP 2 : Period M M Y Y Y Y TO M M Y Y Y Y No. of cheques attached SIP/ Micro SIP Date (s)______Top Up SIP Amount / Percentage ______Frequency ______Registration cum Debit mandate form. The rst cheque & the Post dated cheques should be drawn on the same bank & account number. COMMON SIP/ TOP-UP SIP REGISTRATION/UPGRADE CUM DEBIT MANDATE FORM
First time investors subscribing to the Scheme through SIP-NACH / Auto Debit to complete this form compulsorily along with the Main Application Form. (Please read 'Terms & 9. UNIT HOLDING OPTION c c (Refer Instruction 12) DEMAT MODE* PHYSICAL MODE (Default) Conditions for SIP through NACH / Auto Debit' overleaf) and general instruction 7.6. The Application Form should be completed in English and in BLOCK LETTERS only. *Demat Account details are mandatory if the investor wishes to hold the units in Demat Mode. Please ensure that the sequence of the names as mentioned in the application form matches with that KEY PARTNER / AGENT INFORMATION (Refer General Instruction 1) of the demat account. Investor opting to hold units in demat form, may provide a copy of the DP statement to enable us to match the demat details as stated in the application form. ARN & ARN Name Sub Agent's ARN / Employee Unique RIA/PMRN Name & Code Internal Code for FOR OFFICE USE ONLY Bank Branch Code Identi cation Number (EUIN) Sub-Agent / Employee (TIME STAMP) DP NAME ______Bene ciary NSDL DP ID I N Account No.
CDSL DP NAME ______Bene ciary Consent for sharing Transaction Feed with RIA/PMRN (Applicable for investments through RIA/PMRN only): c I/We hereby give my/our consent to share/provide the transaction feed / portfolio holdings/ NAV etc. in respect of my/our Account No. investments under Direct Plan in the scheme(s) of Mahindra Manulife Mutual Fund, to the above mentioned SEBI Registered Investment Advisor (RIA) or SEBI Registered Portfolio Manager (PMRN). EUIN Declaration (only where EUIN box is left blank) (Refer General Instruction 1): c I/We hereby con rm that the EUIN box has been intentionally left blank by me/us as this transaction is executed without any interaction or advice by the 10. NOMINATION (Refer Instruction 14) (Mandatory for new folios of Individuals where mode of holding is single) (For Units in Non-Demat Form) employee/relationship manager/sales person of the above distributor/sub broker or notwithstanding the advice of in-appropriateness, if any, provided by the employee/relationship manager/sales person of the distributor/sub broker.
Name and Address of Nominee(s) Relationship Date of Birth Name and Address of Guardian Signature of Nominee (Optional)/ Proportion (%) in which with Guardian of Nominee (Mandatory) the units will be shared by Sign Here First/ Sole Applicant/ Guardian / PoA Holder / Karta Sign Here Second Applicant Sign Here Third Applicant Applicant (to be furnished in case the Nominee is a minor) each Nominee (should aggregate to 100%) TRANSACTION CHARGES FOR APPLICATIONS THROUGH DISTRIBUTORS ONLY (Refer General Instruction 2) (Please (3) any one) c I am a rst time investor in Mutual Funds c I am an existing investor in Mutual Funds (Default) In case the purchase/ subscription amount is Rs. 10,000 or more and your Distributor has opted in to receive Transaction Charges, the same are deductible as applicable from the purchase/subscription amount and payable to the Distributor. Transaction Charges in case of investments through SIP/Micro SIP are deductible only if the total commitment of investment (i.e. amount per SIP/Micro SIP installment x No. of installments) amounts to Rs. 10,000/- or more and shall be deducted in 3-4 installments. Units will be issued against the balance amount invested. Nominee 1 Upfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based on the investors’ assessment of various factors including the service rendered by the ARN Holder. (3) c SIP/ Top-Up SIP c Micro SIP c Change in Bank Account (Proceed directly to ll the NACH mandate and provide a cancelled cheque) Nominee 2 1. Investment and SIP Details: First / Sole Investor Name Folio No.(Existing Unitholder) KYC Identi cation Number ¹ Nominee 3 PAN / PEKRN^ Enclosed (✓) #KYC Proof Existing UMRN (If UMRN is registered in the folio) PAYMENT THROUGH c SINGLE CHEQUE c MULTIPLE CHEQUES Refer Note (i) and general instruction 5 D. New SIP/Upgrade SIP Date(s) Top-Up (Refer instruction 1b) (Optional) Scheme/Plan/Option/Sub-option SIP Installment Frequency Period OR Existing SIP (Mention Cheque details, if attached)^^ Amount (`) (Refer Instruction 1(a) ) Top-Up Details CAP Details (Optional) Frequency [Please (3)] c I/We do not wish to Nominate 1. Mahindra Manulife Amount*(`) CAP Amount*(`) Start: M M Y Y Y Y ¹ New ¹ Monthly* ¹ Yearly* End : M M Y Y Y Y Or Or 11. DECLARATION & SIGNATURE/S (Refer Instruction 13) ¹ Upgrade ¹ Quarterly Percentage CAP Month-Year ¹ Half-yearly or ¹ Until cancelled* I/We am/are not prohibited from accessing capital markets under any order/ruling/judgment etc., of any regulation, including SEBI. I/We con rm that my application is in compliance with applicable Cheque No. ______D D M M Y Y Y Y M M Y Y Y Y Indian and foreign laws. I / We hereby con rm and declare as follows:- I / We have read, understood and hereby agree to comply with the terms and conditions of the scheme related documents (i.e. 2. Mahindra Manulife Amount*(`) CAP Amount*(`) ¹ Monthly* Start: M M Y Y Y Y ¹ Yearly* Scheme Information Document, Statement of Additional Information and Key Information Memorandum) and apply for allotment of Units of the Schemes of Mahindra Manulife Mutual Fund ('the ¹ New End : M M Y Y Y Y Or Or Fund') indicated above. I/We am/are eligible Investor(s) as per the scheme related documents and am/are authorised to make this investment as per the Constitutive documents/ authorization(s). TOTAL ¹ Quarterly Percentage CAP Month-Year ¹ Half-yearly ¹ Upgrade or ¹ Until cancelled* The amount invested in the Scheme is derived through legitimate sources only and is not held or designed for the purpose of contravention of any Act, Rules, Regulations or any statute or legislation Cheque No. ______D D M M Y Y Y Y M M Y Y Y Y or any other applicable laws or any Noti cations, Directives of the provisions of the Income Tax Act, Anti Money Laundering Laws, Anti Corruption Laws or any other applicable laws enacted by the * Default Option. Note: (i) In case of, Payment through single cheque, the cheque/DD should be issued in favour of 'Mahindra Manulife MF Multiple Scheme' for the total investment amount mentioned below and the cheque/DD details need to be lled only once. (ii) Top- Government of India from time to time. I/We con rm that the funds invested in the Scheme, legally belongs to me/us. In event “Know Your Customer” process is not completed by me/us to the Up SIP facility is available only through NACH debit mandate. For Upgrading ll complete information for active SIP. In case of Quarterly SIP and Percentage based Top up, only Yearly Top-up frequency is available. Percentage based Top-up feature is not available for Mahindra satisfaction of the Fund, I/we hereby authorize the Fund, to redeem the funds invested in the Scheme, in favour of the applicant, at the applicable NAV prevailing on the date of such redemption and Manulife ELSS Kar Bachat Yojana . CAP Amount: Max SIP installment amount (including Top-up). In case, the SIP installment amount exceeds the maximum amount mentioned in the debit mandate, the SIP will continue with the last SIP installment amount. CAP Month- undertake such other action with such funds that may be required by the law. I / We have not received nor have been induced by any rebate or gifts, directly or indirectly, in making this investment. Year: Month-Year from which SIP Top-Up will be discontinued. ^^ In case of above IDCW option/sub-option(s)/facilities, the amounts can be distributed out of investors' capital (Equalization Reserve), which is part of sale price that represents realized gains. The information given in / with this application form is true and correct and further agree to furnish such other further/additional information as may be required by the Mahindra Manulife No. of PDC cheque leaves: SIP 1, SIP 2 Debit Bank Name: SIP 1, SIP 2 Investment Management Private Limited (Formerly known as Mahindra Asset Management Company Private Limited)(AMC) / the Fund and undertake to inform the AMC / the Fund/Registrars and Transfer Agent (RTA) in writing about any change in the information furnished from time to time. That in the event, the above information and/or any part of it is/are found to be false/ For existing investors if 1st SIP Installment is through NACH mandate attach ¹ Blank cancelled cheque OR ¹ Copy of cheque untrue/misleading, I/We will be liable for the consequences arising therefrom. I/We hereby authorize you to disclose, share, remit in any form/manner/mode the above information and/or any part of 2. Demat Account Details (Optional) it including the changes/updates that may be provided by me/us to the Fund, its Sponsor/s, Trustees, AMC, its employees, agents and third party service providers, SEBI registered intermediaries for NSDL DP NAME DP ID I N Bene ciary Account No. single updation/ submission, any Indian or foreign statutory, regulatory, judicial, quasi- judicial authorities/agencies including but not limited to Financial Intelligence Unit-India (FIU-IND) etc CDSL DP NAME Bene ciary Account No. without any intimation/advice to me/us. If the transaction is delayed or not effected at all for reasons of incomplete or incorrect information, I/We would not hold the AMC / the Fund, their appointed service providers or representatives responsible. I/We will indemnify the Fund, AMC, Trustee, RTA and other intermediaries in case of any dispute regarding the eligibility, validity and authorization of The investors shall receive payments of Redemption/Dividend (IDCW) proceeds in the Bank Account linked to the Demat A/c. my/our transactions. The ARN holder (AMFI registered Distributor) has disclosed to me/us all the commissions (in the form of trail commission or any other mode), payable to him/them for the Declaration : I/We have read and understood the contents of the Scheme Information Document and Statement of Additional Information and the terms & conditions of SIP enrolment through Auto Sign Here different competing Schemes of various Mutual Funds from amongst which the Scheme is being recommended to me/us. I/We hereby authorize and provide my/our consent to the AMC, its Debit/NACH and agree to abide by the same. I /We hereby apply for enrolment under the SIP of above mentioned Scheme - Plan(s) / Option(s) and agree to abide by the terms and conditions of the same. I/We Registrar & Transfer Agent and their authorized representatives to contact me/us through various communication modes (including phone / email / SMS) to address my/our investment related hereby declare that the particulars given above are correct and express my willingness to make payments referred through participation in NACH/Auto Debit. I/We authorise the bank to honour the instructions First/ Sole Applicant / Guardian / PoA Holder / Karta as mentioned in the application form. I/We also hereby authorise bank to debit charges towards veri cation of this mandate, if any. I/We agree that the AMC/Mutual Fund (including its affiliates), and any of its queries and/or receive communications pertaining to my/our nancial transactions/ non- nancial transactions/ promotional/ potential investments and other communications/ materials about officers directors, personnel and employees, shall not be held responsible for any delay/wrong debits on the part of the bank for executing the Auto Debit instruction of additional sum on a speci ed date from Sign Here the mutual fund products and services offered by the Fund, irrespective of my/our blocking preferences with the Customer Preference Registration Facility. I/We do not have any existing Micro my account. If the transaction is delayed or not effected at all for reasons of incomplete or incorrect information, I/We would not hold the user institution of this mandate form responsible. I/We undertake to Second Applicant Investments which together with the current Micro Investment application will result in aggregate investments exceeding Rs. 50,000/- in a year (applicable to Micro Investment investors only). I / We keep sufficient funds in the funding account on the date of execution of standing instruction. I/We have not received nor been induced by any rebate or gifts, directly or indirectly, in making this investment. The con rm that I / We are not United States person(s) under the laws of United States or residents(s) of Canada as de ned under the applicable laws of Canada. I/WE HEREBY CONFIRM THAT I/WE HAVE ARN holder has disclosed to me/us all the commissions(in the form of trail commission or any other mode), payable to him/them for the different competing Schemes of various Mutual Funds from amongst Sign Here NOT BEEN OFFERED/ COMMUNICATED ANY INDICATIVE PORTFOLIO AND/ OR ANY INDICATIVE YIELD BY THE FUND/AMC/ITS DISTRIBUTOR FOR THIS INVESTMENT. I/We hereby provide my /our which the Scheme is being recommended to me/us. Third Applicant consent in accordance with Aadhaar Act, 2016 and regulations made thereunder, for (i) collecting, storing and usage (ii) validating/authenticating and (ii) updating my/our Aadhaar number(s) in ^Refer General instruction No 15 in the KIM for PAN/PEKRN. # Please attach KYC proof if not already KYC validated accordance with the Aadhaar Act, 2016 (and regulations made thereunder) and PMLA. I/We hereby provide my/our consent for sharing/disclosing of my Aadhaar number(s) including demographic & & information with the asset management companies of SEBI registered mutual fund and their Registrar and Transfer Agent (RTA) for the purpose of updating the same in my/our folios. FATCA TEAR HERE Declaration: I hereby con rm that the information provided here in above is true, correct and complete to the best of my knowledge and belief and that I shall be solely liable and responsible for the One Time Bank Mandate information submitted above. I also con rm that I have read and understood the FATCA & CRS Terms and Conditions below and hereby accept the same. I also undertake to keep you informed in ( NACH/Direct Debit Mandate Form) writing about any changes / modi cation to the above information in future within 30 days of the same being effective and also undertake to provide any other additional information as may be required any intermediary or by domestic or overseas regulators / tax authorities. Applicable to NRIs only : I / We con rm that I am / we are Non-Residents of Indian Nationality / Origin and that the UMRN Date : D D M M Y Y Y Y funds are remitted from abroad through approved banking channels or from my / our NRE / NRO / FCNR Account. I / We con rm that the details provided by me / us are true and correct. Sponsor Bank Code K K B K 0 R T G S M I Utility Code N A C H 0 0 0 0 0 0 0 0 0 0 3 2 6 2
(Please ✓) I/We hereby authorize Mahindra Manulife Mutual Fund to debit (Please ✓) ¹ SB ¹ CA ¹ CC ¹ SB-NRE ¹ SB-NRO ¹ Others______SIGNATURE(S) CREATE Bank Account Number IFSC (Please write Application Form No. / Folio No. on the reverse of the Cheque / Demand Draft / Payment Instrument.) MODIFY CANCEL with Bank Or MICR an amount of Rupees ` In Figures Frequency : ¹ Monthly ¹ Quarterly ¹ Half Yearly ¹ Yearly ¹✓ As & when presented Debit Type : ¹ Fixed Amount ¹✓ Maximum Amount Folio No. Phone Sign Here Sign Here Sign Here PAN E-mail First / Sole Applicant/ Guardian / PoA Holder / Karta Second Applicant Third Applicant 1. I agree for the debit of mandate processing charges by the bank whom I am authorizing to debit my account as per latest schedule of charges of the banks. 2. This is to con rm that the declaration has been carefully read, understood & made by me/us. I am authorising the user entity/Corporate to debit my account, based on the instructions as agreed and signed by me. I have understood that I am authorised to cancel / amend this mandate by appropriately communicating the cancellation/amendment request to the user entity/Corporate or the bank where I have authorised debit.
From _____/_____/______DD MM YYYY Sign Here To _____/_____/______DD MM YYYY Signature of Primary Bank Account Holder Signature of Bank Account Holder Signature of Bank Account Holder
PERIOD Or ¹ Until Cancelled Name (1) As in bank records (2) As in bank records (3) As in bank records COMMON SIP/ TOP-UP SIP REGISTRATION/UPGRADE CUM DEBIT MANDATE FORM
First time investors subscribing to the Scheme through SIP-NACH / Auto Debit to complete this form compulsorily along with the Main Application Form. (Please read 'Terms & 9. UNIT HOLDING OPTION c c (Refer Instruction 12) DEMAT MODE* PHYSICAL MODE (Default) Conditions for SIP through NACH / Auto Debit' overleaf) and general instruction 7.6. The Application Form should be completed in English and in BLOCK LETTERS only. *Demat Account details are mandatory if the investor wishes to hold the units in Demat Mode. Please ensure that the sequence of the names as mentioned in the application form matches with that KEY PARTNER / AGENT INFORMATION (Refer General Instruction 1) of the demat account. Investor opting to hold units in demat form, may provide a copy of the DP statement to enable us to match the demat details as stated in the application form. ARN & ARN Name Sub Agent's ARN / Employee Unique RIA/PMRN Name & Code Internal Code for FOR OFFICE USE ONLY Bank Branch Code Identi cation Number (EUIN) Sub-Agent / Employee (TIME STAMP) DP NAME ______Bene ciary NSDL DP ID I N Account No.
CDSL DP NAME ______Bene ciary Consent for sharing Transaction Feed with RIA/PMRN (Applicable for investments through RIA/PMRN only): c I/We hereby give my/our consent to share/provide the transaction feed / portfolio holdings/ NAV etc. in respect of my/our Account No. investments under Direct Plan in the scheme(s) of Mahindra Manulife Mutual Fund, to the above mentioned SEBI Registered Investment Advisor (RIA) or SEBI Registered Portfolio Manager (PMRN). EUIN Declaration (only where EUIN box is left blank) (Refer General Instruction 1): c I/We hereby con rm that the EUIN box has been intentionally left blank by me/us as this transaction is executed without any interaction or advice by the 10. NOMINATION (Refer Instruction 14) (Mandatory for new folios of Individuals where mode of holding is single) (For Units in Non-Demat Form) employee/relationship manager/sales person of the above distributor/sub broker or notwithstanding the advice of in-appropriateness, if any, provided by the employee/relationship manager/sales person of the distributor/sub broker.
Name and Address of Nominee(s) Relationship Date of Birth Name and Address of Guardian Signature of Nominee (Optional)/ Proportion (%) in which with Guardian of Nominee (Mandatory) the units will be shared by Sign Here First/ Sole Applicant/ Guardian / PoA Holder / Karta Sign Here Second Applicant Sign Here Third Applicant Applicant (to be furnished in case the Nominee is a minor) each Nominee (should aggregate to 100%) TRANSACTION CHARGES FOR APPLICATIONS THROUGH DISTRIBUTORS ONLY (Refer General Instruction 2) (Please (3) any one) c I am a rst time investor in Mutual Funds c I am an existing investor in Mutual Funds (Default) In case the purchase/ subscription amount is Rs. 10,000 or more and your Distributor has opted in to receive Transaction Charges, the same are deductible as applicable from the purchase/subscription amount and payable to the Distributor. Transaction Charges in case of investments through SIP/Micro SIP are deductible only if the total commitment of investment (i.e. amount per SIP/Micro SIP installment x No. of installments) amounts to Rs. 10,000/- or more and shall be deducted in 3-4 installments. Units will be issued against the balance amount invested. Nominee 1 Upfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based on the investors’ assessment of various factors including the service rendered by the ARN Holder. (3) c SIP/ Top-Up SIP c Micro SIP c Change in Bank Account (Proceed directly to ll the NACH mandate and provide a cancelled cheque) Nominee 2 1. Investment and SIP Details: First / Sole Investor Name Folio No.(Existing Unitholder) KYC Identi cation Number ¹ Nominee 3 PAN / PEKRN^ Enclosed (✓) #KYC Proof Existing UMRN (If UMRN is registered in the folio) PAYMENT THROUGH c SINGLE CHEQUE c MULTIPLE CHEQUES Refer Note (i) and general instruction 5 D. New SIP/Upgrade SIP Date(s) Top-Up (Refer instruction 1b) (Optional) Scheme/Plan/Option/Sub-option SIP Installment Frequency Period OR Existing SIP (Mention Cheque details, if attached)^^ Amount (`) (Refer Instruction 1(a) ) Top-Up Details CAP Details (Optional) Frequency [Please (3)] c I/We do not wish to Nominate 1. Mahindra Manulife Amount*(`) CAP Amount*(`) Start: M M Y Y Y Y ¹ New ¹ Monthly* ¹ Yearly* End : M M Y Y Y Y Or Or 11. DECLARATION & SIGNATURE/S (Refer Instruction 13) ¹ Upgrade ¹ Quarterly Percentage CAP Month-Year ¹ Half-yearly or ¹ Until cancelled* I/We am/are not prohibited from accessing capital markets under any order/ruling/judgment etc., of any regulation, including SEBI. I/We con rm that my application is in compliance with applicable Cheque No. ______D D M M Y Y Y Y M M Y Y Y Y Indian and foreign laws. I / We hereby con rm and declare as follows:- I / We have read, understood and hereby agree to comply with the terms and conditions of the scheme related documents (i.e. 2. Mahindra Manulife Amount*(`) CAP Amount*(`) ¹ Monthly* Start: M M Y Y Y Y ¹ Yearly* Scheme Information Document, Statement of Additional Information and Key Information Memorandum) and apply for allotment of Units of the Schemes of Mahindra Manulife Mutual Fund ('the ¹ New End : M M Y Y Y Y Or Or Fund') indicated above. I/We am/are eligible Investor(s) as per the scheme related documents and am/are authorised to make this investment as per the Constitutive documents/ authorization(s). TOTAL ¹ Quarterly Percentage CAP Month-Year ¹ Half-yearly ¹ Upgrade or ¹ Until cancelled* The amount invested in the Scheme is derived through legitimate sources only and is not held or designed for the purpose of contravention of any Act, Rules, Regulations or any statute or legislation Cheque No. ______D D M M Y Y Y Y M M Y Y Y Y or any other applicable laws or any Noti cations, Directives of the provisions of the Income Tax Act, Anti Money Laundering Laws, Anti Corruption Laws or any other applicable laws enacted by the * Default Option. Note: (i) In case of, Payment through single cheque, the cheque/DD should be issued in favour of 'Mahindra Manulife MF Multiple Scheme' for the total investment amount mentioned below and the cheque/DD details need to be lled only once. (ii) Top- Government of India from time to time. I/We con rm that the funds invested in the Scheme, legally belongs to me/us. In event “Know Your Customer” process is not completed by me/us to the Up SIP facility is available only through NACH debit mandate. For Upgrading ll complete information for active SIP. In case of Quarterly SIP and Percentage based Top up, only Yearly Top-up frequency is available. Percentage based Top-up feature is not available for Mahindra satisfaction of the Fund, I/we hereby authorize the Fund, to redeem the funds invested in the Scheme, in favour of the applicant, at the applicable NAV prevailing on the date of such redemption and Manulife ELSS Kar Bachat Yojana . CAP Amount: Max SIP installment amount (including Top-up). In case, the SIP installment amount exceeds the maximum amount mentioned in the debit mandate, the SIP will continue with the last SIP installment amount. CAP Month- undertake such other action with such funds that may be required by the law. I / We have not received nor have been induced by any rebate or gifts, directly or indirectly, in making this investment. Year: Month-Year from which SIP Top-Up will be discontinued. ^^ In case of above IDCW option/sub-option(s)/facilities, the amounts can be distributed out of investors' capital (Equalization Reserve), which is part of sale price that represents realized gains. The information given in / with this application form is true and correct and further agree to furnish such other further/additional information as may be required by the Mahindra Manulife No. of PDC cheque leaves: SIP 1, SIP 2 Debit Bank Name: SIP 1, SIP 2 Investment Management Private Limited (Formerly known as Mahindra Asset Management Company Private Limited)(AMC) / the Fund and undertake to inform the AMC / the Fund/Registrars and Transfer Agent (RTA) in writing about any change in the information furnished from time to time. That in the event, the above information and/or any part of it is/are found to be false/ For existing investors if 1st SIP Installment is through NACH mandate attach ¹ Blank cancelled cheque OR ¹ Copy of cheque untrue/misleading, I/We will be liable for the consequences arising therefrom. I/We hereby authorize you to disclose, share, remit in any form/manner/mode the above information and/or any part of 2. Demat Account Details (Optional) it including the changes/updates that may be provided by me/us to the Fund, its Sponsor/s, Trustees, AMC, its employees, agents and third party service providers, SEBI registered intermediaries for NSDL DP NAME DP ID I N Bene ciary Account No. single updation/ submission, any Indian or foreign statutory, regulatory, judicial, quasi- judicial authorities/agencies including but not limited to Financial Intelligence Unit-India (FIU-IND) etc CDSL DP NAME Bene ciary Account No. without any intimation/advice to me/us. If the transaction is delayed or not effected at all for reasons of incomplete or incorrect information, I/We would not hold the AMC / the Fund, their appointed service providers or representatives responsible. I/We will indemnify the Fund, AMC, Trustee, RTA and other intermediaries in case of any dispute regarding the eligibility, validity and authorization of The investors shall receive payments of Redemption/Dividend (IDCW) proceeds in the Bank Account linked to the Demat A/c. my/our transactions. The ARN holder (AMFI registered Distributor) has disclosed to me/us all the commissions (in the form of trail commission or any other mode), payable to him/them for the Declaration : I/We have read and understood the contents of the Scheme Information Document and Statement of Additional Information and the terms & conditions of SIP enrolment through Auto Sign Here different competing Schemes of various Mutual Funds from amongst which the Scheme is being recommended to me/us. I/We hereby authorize and provide my/our consent to the AMC, its Debit/NACH and agree to abide by the same. I /We hereby apply for enrolment under the SIP of above mentioned Scheme - Plan(s) / Option(s) and agree to abide by the terms and conditions of the same. I/We Registrar & Transfer Agent and their authorized representatives to contact me/us through various communication modes (including phone / email / SMS) to address my/our investment related hereby declare that the particulars given above are correct and express my willingness to make payments referred through participation in NACH/Auto Debit. I/We authorise the bank to honour the instructions First/ Sole Applicant / Guardian / PoA Holder / Karta as mentioned in the application form. I/We also hereby authorise bank to debit charges towards veri cation of this mandate, if any. I/We agree that the AMC/Mutual Fund (including its affiliates), and any of its queries and/or receive communications pertaining to my/our nancial transactions/ non- nancial transactions/ promotional/ potential investments and other communications/ materials about officers directors, personnel and employees, shall not be held responsible for any delay/wrong debits on the part of the bank for executing the Auto Debit instruction of additional sum on a speci ed date from Sign Here the mutual fund products and services offered by the Fund, irrespective of my/our blocking preferences with the Customer Preference Registration Facility. I/We do not have any existing Micro my account. If the transaction is delayed or not effected at all for reasons of incomplete or incorrect information, I/We would not hold the user institution of this mandate form responsible. I/We undertake to Second Applicant Investments which together with the current Micro Investment application will result in aggregate investments exceeding Rs. 50,000/- in a year (applicable to Micro Investment investors only). I / We keep sufficient funds in the funding account on the date of execution of standing instruction. I/We have not received nor been induced by any rebate or gifts, directly or indirectly, in making this investment. The con rm that I / We are not United States person(s) under the laws of United States or residents(s) of Canada as de ned under the applicable laws of Canada. I/WE HEREBY CONFIRM THAT I/WE HAVE ARN holder has disclosed to me/us all the commissions(in the form of trail commission or any other mode), payable to him/them for the different competing Schemes of various Mutual Funds from amongst Sign Here NOT BEEN OFFERED/ COMMUNICATED ANY INDICATIVE PORTFOLIO AND/ OR ANY INDICATIVE YIELD BY THE FUND/AMC/ITS DISTRIBUTOR FOR THIS INVESTMENT. I/We hereby provide my /our which the Scheme is being recommended to me/us. Third Applicant consent in accordance with Aadhaar Act, 2016 and regulations made thereunder, for (i) collecting, storing and usage (ii) validating/authenticating and (ii) updating my/our Aadhaar number(s) in ^Refer General instruction No 15 in the KIM for PAN/PEKRN. # Please attach KYC proof if not already KYC validated accordance with the Aadhaar Act, 2016 (and regulations made thereunder) and PMLA. I/We hereby provide my/our consent for sharing/disclosing of my Aadhaar number(s) including demographic & & information with the asset management companies of SEBI registered mutual fund and their Registrar and Transfer Agent (RTA) for the purpose of updating the same in my/our folios. FATCA TEAR HERE Declaration: I hereby con rm that the information provided here in above is true, correct and complete to the best of my knowledge and belief and that I shall be solely liable and responsible for the One Time Bank Mandate information submitted above. I also con rm that I have read and understood the FATCA & CRS Terms and Conditions below and hereby accept the same. I also undertake to keep you informed in ( NACH/Direct Debit Mandate Form) writing about any changes / modi cation to the above information in future within 30 days of the same being effective and also undertake to provide any other additional information as may be required any intermediary or by domestic or overseas regulators / tax authorities. Applicable to NRIs only : I / We con rm that I am / we are Non-Residents of Indian Nationality / Origin and that the UMRN Date : D D M M Y Y Y Y funds are remitted from abroad through approved banking channels or from my / our NRE / NRO / FCNR Account. I / We con rm that the details provided by me / us are true and correct. Sponsor Bank Code K K B K 0 R T G S M I Utility Code N A C H 0 0 0 0 0 0 0 0 0 0 3 2 6 2
(Please ✓) I/We hereby authorize Mahindra Manulife Mutual Fund to debit (Please ✓) ¹ SB ¹ CA ¹ CC ¹ SB-NRE ¹ SB-NRO ¹ Others______SIGNATURE(S) CREATE Bank Account Number IFSC (Please write Application Form No. / Folio No. on the reverse of the Cheque / Demand Draft / Payment Instrument.) MODIFY CANCEL with Bank Or MICR an amount of Rupees ` In Figures Frequency : ¹ Monthly ¹ Quarterly ¹ Half Yearly ¹ Yearly ¹✓ As & when presented Debit Type : ¹ Fixed Amount ¹✓ Maximum Amount Folio No. Phone Sign Here Sign Here Sign Here PAN E-mail First / Sole Applicant/ Guardian / PoA Holder / Karta Second Applicant Third Applicant 1. I agree for the debit of mandate processing charges by the bank whom I am authorizing to debit my account as per latest schedule of charges of the banks. 2. This is to con rm that the declaration has been carefully read, understood & made by me/us. I am authorising the user entity/Corporate to debit my account, based on the instructions as agreed and signed by me. I have understood that I am authorised to cancel / amend this mandate by appropriately communicating the cancellation/amendment request to the user entity/Corporate or the bank where I have authorised debit.
From _____/_____/______DD MM YYYY Sign Here To _____/_____/______DD MM YYYY Signature of Primary Bank Account Holder Signature of Bank Account Holder Signature of Bank Account Holder
PERIOD Or ¹ Until Cancelled Name (1) As in bank records (2) As in bank records (3) As in bank records Terms & Conditions for SIP/ Top-Up SIP 1 (a). SIP facility is offered by the Scheme subject to following terms and conditions: Details of FATCA-CRS Information Particulars Frequency available (Default Frequency: Monthly) Monthly Quarterly For Non-Individuals/ Legal entity SIP Transaction Dates Any date* (Default Date: 10th) For SIPs being registered through Post Dated Cheque ('PDC') mode, available SIP dates will be 1st, 5th, 10th, 15th, 20th or 25th of the month Name of the Entity under the monthly/quarterly frequency. Type of address given at KRA (3) c Residential or Business c Residential c Business c Registered Office Minimum no. of installments For schemes other than MMEKBY - 6 installments of Rs. 500/- each and For schemes other than MMEKBY - 4 installments of Rs. 1500/- each and in and Minimum amount per installment in multiples of Re 1 thereafter; For MMEKBY - 6 installments of multiples of Re 1 thereafter; For MMEKBY - 4 installments of Rs. 1500/- PAN Date of Incorporation D D M M Y Y Y Y Rs. 500/- each and in multiples of Rs. 500/- thereafter. each and in multiples of Rs. 500/- thereafter. Mode of Payment a. Direct Debit mandate through select banks with whom AMC may have an arrangement, from time to time. b. PDC. City of Incorporation c. National Automated Clearing House (NACH) Facility Country of Incorporation * If any SIP installment due date falls on a non-Business day, then the respective transactions will be processed on the next Business day. However, in case the chosen date is not available in a particular month, the SIP will be processed on the last day of that month. E.g., if selected date is 31st, SIP installment for the month of September will be processed on 30th September. However, if 30th September happens to be a Non- Entity Constitution Type (3) c Partnership Firm c HUF c Private Limited Company c Public Limited Company c Society c AOP/BOI c Trust c Liquidator Business Day, the SIP will be processed on the immediate next Business Day. Note: Anyone or more SIP transaction dates from the available dates can be selected by the Unit Holders under the Monthly and Quarterly c Limited Liability Partnership c Artificial Juridical Person c Others______frequencies. SIP amount (including Top Up) will be restricted to amount mentioned in Direct Debit / NACH Mandate Form. MMEKBY: Mahindra Manulife ELSS Kar Bachat Yojana Please (3) the applicable tax resident declaration - 1 (b). Top-Up SIP Speci cations Is “Entity” a tax resident of any country other than India? (3) c Yes c No Minimum Top-up installment Top Up Frequency Particulars (If yes, please provide country/countries in which the entity is a resident for tax purposes and the associated Tax ID number below.) For schemes other than MMEKBY For MMEKBY For Monthly SIP For Quarterly SIP % Identi cation Type l l l Country Top up by Amount Rs. 100 and in multiples of Rs 100 thereafter Rs. 500 and in multiples of Rs 500 thereafter Yearly Half Yearly Yearly Tax Identi cation Number (TIN) (TIN or Others, please specify) Top up by Percentage 10% and in multiples of 1% thereafter. Not available l Yearly Rounded off to nearest next multiple of Rs. 10. Note: Existing investors will be required to submit a request for upgrade from SIP to Top-up SIP at least 10 calendar days prior to the next SIP date. In case of Monthly SIP, if the investor has chosen half-yearly Top-Up frequency, the SIP amount will increase after every 6 SIP monthly cycle dates by the amount indicated and if the investor has chosen Yearly Top-Up frequency, the SIP amount will increase after every 12 SIP monthly cycle dates by the amount/percentage indicated. For Quarterly SIPs, only Yearly frequency is available for Top-up and the SIP amount will increase after every 4 SIP quarterly cycle dates by the indicated amount / percentage. If the Investor does not specify either the Top-up amount/percentage or speci es both, the SIP application will be processed by default with the Minimum Top –up installment amount as per above table. The Top-up details cannot be modi ed once enrolled. In order to make any changes, the Investor must cancel the existing SIP and enroll for a fresh SIP with revised Top up details. Default Mode – Top-up by amount. Default Top-up frequency – Yearly. % $ 2. New Investors should mandatorily give a cheque for the rst transaction. Subsequent SIP cheques should be of the same amount as the total amount of rst SIP cheque. In case Tax Identi cation Number is not available, kindly provide its functional equivalent . 3. If the SIP period is not speci ed by the investor then the SIP enrollment will be deemed to be for perpetuity and processed accordingly. In case TIN or its functional equivalent is not available, please provide Company Identification number or Global Entity Identification Number or GIIN, etc. 4. a. SIP Cap Amount: Investor shall have an option to freeze the SIP installment amount (including Top-ups applied at periodic intervals) by specifying a SIP Cap amount. The SIP Cap amount shall be less than or equal In case the Entity’s Country of Incorporation / Tax residence is U.S. but Entity is not a Speci ed U.S. Person, to the amount mentioned by the Investor in the NACH Debit Mandate. In case the SIP Cap amount speci ed by the Investor is higher than the NACH Debit Mandate amount, then the amount mentioned in the mention Entity’s exemption code here NACH Debit Mandate shall be considered for applying Top-ups and processing of SIP installments until the end of SIP tenure. Please refer to para 3(vii) Exemption code for U.S. persons under Part D of FATCA Instructions & De nitions. b. SIP Cap Month-Year: Investor shall have an option to freeze the SIP installment amount (including Top-ups applied at periodic intervals) from a prespeci ed month and year. From this prespeci ed month and year onwards, the SIP Top-Ups will be discontinued and the last topped up SIP installment will remain constant until the end of SIP tenure. FATCA & CRS Declaration (Please consult your professional tax advisor for further guidance on FATCA & CRS classi cation) Note: Investor shall have a exibility to choose either SIP Cap Amount or SIP Cap Month-Year. In case of multiple selections, SIP Cap amount will be considered as default selection. 5. The rst installment will be processed at Applicable NAV based on time stamping. In case of SIP for an amount of Rs. 2 lakh and above, the Applicable NAV of the Scheme will be based on funds available for utilizations, PART A (to be lled by Financial Institutions or Direct Reporting NFEs) as stated in KIMs/SIDs. There should be a gap of at least 30 calendar days between the rst SIP installment and the second SIP installment / SIP Auto Debit "Start" date mentioned in the debit mandate form. The SIP We are a (3), Global Intermediary Identi cation Number (GIIN) Auto Debit shall start from the selected "Start" date mentioned by the investor, subject to completion of successful SIP Auto Debit mandate veri cation and registration formalities at least 10 calendar days prior to the "Start" date speci ed in the debit mandate form. Financial institution3 c Note: If you do not have a GIIN but you are sponsored by another entity, please provide your sponsor’s GIIN above 6. In case of MMEKBY each SIP installment will be subject to a Lock In period of three years from the date of allotment of Units. OR and indicate your sponsor’s name below 7. In case any cheque submitted by the investor for any SIP installment is dishonoured by the Bankers for the reason of account of investor is closed, the AMC would discontinue the SIP immediately. Direct reporting NFE4 c Name of sponsoring entity 8. The SIP enrollment will be discontinued if: (Please tick as appropriate) a. 3 consecutive SIP installments in case of Monthly & Quarterly frequency are not honoured. GIIN not available (please (3) as applicable) c Applied for b. the Bank Account (for Standing Instruction) is closed and request for change in bank account (for Standing Instruction) is not submitted at least 30 calendar days before the next SIP Auto Debit installment due date. If the entity is a nancial institution, c Not required to apply for - please specify 2 digits sub-category10 9. SIP registered for more than one date or all dates of the month under the Monthly / Quarterly frequency, will be considered as separate SIP instruction for the purpose of ful lling the “Minimum no. of installments” criteria. 10. SIP in a folio of a minor will be registered only upto the date of minor attaining the majority even though the instruction may be for the period beyond that date. c Not obtained – Non-participating FI (Refer 1 A of Part D) 11. The Load structure prevailing at the time of submission of the SIP application (whether fresh or extension) will apply for all the Installments indicated in such application. PART B (please ll any one as appropriate “to be lled by NFEs other than Direct Reporting NFEs”) 12. The SIP mandate may be discontinued by a Unit holder by giving a written notice of 30 calendar days to any of the Official Point(s) of Acceptance. 13. The facility will be automatically terminated upon receipt of intimation of death of the Unit holder. 1 Is the Entity a publicly traded company Yes (3) c (If yes, please specify any one stock exchange on which the stock is regularly traded) (that is, a company whose shares are 14. The investors can also subscribe Units through SIP in Demat (electronic) mode for the Scheme. However the Units will be allotted based on applicable NAV of the Scheme and will be credited to investor’s Demat (Bene ciary) Account on weekly basis on realization of funds, e.g. Units will be credited to investor’s Demat (Bene ciary) account every Monday (or next business day, if Monday is a non-business day) for realization regularly traded on an established Name of stock exchange status received in last week from Monday to Friday. securities market) No c 15. Investors will not hold Mahindra Manulife Mutual Fund / Mahindra Manulife Investment Management Private Limited (Formerly known as Mahindra Asset Management Company Private Limited) (MMIMPL), its Is the Entity a related entity of a publicly Yes (3) c (If yes, please specify name of the listed company and one stock exchange on which the stock is regularly traded) Registrar and other service providers responsible, if the transaction is delayed or not affected or the investor’s bank account is debited in advance or after the speci c SIP date. 2 traded company (a company whose 16. The rst cheque should be drawn on the same bank account which is to be registered for Debit. Alternatively, the cheque may be drawn on any bank, but provide a photocopy of the cheque of the bank / branch for shares are regularly traded on an Name of listed company which Debit is registered. established securities market) Nature of relation (3) : c Subsidiary of the Listed Company or c Controlled by a Listed Company 17. Mahindra Manulife Mutual Fund / MMIMPL, it’s Registrar and other service providers shall not be responsible and liable for any damages/ compensation for any loss, damage etc., incurred by the investor. The investor No c assumes the entire risk of using this facility and takes full responsibility. Name of stock exchange
3 Is the Entity an active1 non- nancial Yes (3) c (If yes, please fill UBO declaration in the next section.) Entity (NFE) No c & TEAR HERE & Nature of Business
Terms & Conditions - NACH / Auto Debit Please specify the sub-category of Active NFE Mention code – refer 2 (c) of Part D) 1. NACH debit facility is offered at various banks. For a detailed list of banks please refer the website www.npci.org.in. 4 Is the Entity a passive2 NFE Yes (3) c (If yes, please fill UBO declaration in the next section.) No c 2. This facility is offered only to the investors having bank accounts with above mentioned Banks. Above list is subject to modi cation/updation at any time in future at the sole discretion of Nature of Business MMIMPL, without assigning any reason or prior notice. If any bank is removed, SIP instructions of investors for such banks via NACH will be discontinued without any prior notice. 1Refer 2 of Part D | 2Refer 3(ii) of Part D | 3Refer 1(i)of Part D | 4Refer 3(vi) of Part D | 3. By signing the NACH mandate form the investor agrees to abide by the terms and conditions of NACH facility through NPCI (www.npci.org.in). Please provide below additional details for each of Controlling person. (Please attach additional sheets if necessary) 4. a. New/Existing investors who wish to enroll for SIP through NACH should ll the SIP Application Form and the Registration cum Mandate Form for NACH. b. The Registration cum Mandate Form for NACH should be submitted at least 30 calendar days prior to next SIP cycle date. UBO Declaration (This declaration is NOT needed for Companies that are Listed on any recognized stock exchange in India or is a Subsidiary of such Listed Company or is Controlled by such Listed Company) c. Unique Mandate Registration Number (UMRN) is auto generated by NPCI during the mandate creation for the rst time. Investors, who do not have the UMRN, please leave it blank. UMRN Category (3) c Unlisted Company c Partnership Firm c Limited Liability Partnership Company c Unincorporated association / body of individuals would be linked to the folio and maximum length is 20 characters comprising of Alpha Numeric Character allotted by NPCI. c Religious Trust c Private Trust c Public Charitable Trust c Others______d. Investors who already have UMRN registered under the folio can ll up the SIP Registration cum Mandate Form for NACH and should be submitted at least 10 working days before the date Please list below the details of controlling person(s), confirming ALL countries of tax residency / permanent residency / citizenship and ALL Tax Identification Numbers for EACH controlling person(s) of the rst debit through NACH. (Please attach additional sheets, if necessary) 5. Please provide the cancelled cheque leaf of the Bank A/c no. for which NACH facility is registered. Owner-documented FFI’s should provide FFI Owner Reporting Statement and Auditor’s Letter with required details as mentioned in Form W8 BEN E (Refer 3(vi) of Part C) 6. Investors need to mandatorily ll the SIP Registration Cum Mandate form for NACH for any amendment and cancellation quoting their UMRN by giving 30 calendar days prior notice to any of the Details UBO 1 UBO 2 UBO 3 investor service centre. Name of UBO 7. Investor can choose to discontinue the SIP facility under folio without cancelling the UMRN by giving 30 calendar days prior notice to any of the Investor Service Centre. UBO Code Refer 3 (iv) (A) 8. IFSC is a 11 digit number given by some of the banks on the cheques. MICR is the 9-digit code that appears on your cheque next to the cheque number. Country of Tax Residency # 9. In case of existing investor, if application is received without existing UMRN then the last UMRN registered in the folio would be considered. PAN ^ Terms & Conditions - Auto Debit Auto Debit: The Auto Debit Facility will be made available only with the banks with which MMIMPL or its service provider may have tie up for Auto Debit from time to time. Please contact Mahindra Address Address, Zip, State, Country Address, Zip, State, Country Address, Zip, State, Country Manulife Mutual Fund Investor Service Centre for updated list of banks/ branches eligible for Auto Debit Facility. Address Type Residence/Business/Registered office Residence/Business/Registered office Residence/Business/Registered office (Continued on next page) Terms & Conditions for SIP/ Top-Up SIP 1 (a). SIP facility is offered by the Scheme subject to following terms and conditions: Details of FATCA-CRS Information Particulars Frequency available (Default Frequency: Monthly) Monthly Quarterly For Non-Individuals/ Legal entity SIP Transaction Dates Any date* (Default Date: 10th) For SIPs being registered through Post Dated Cheque ('PDC') mode, available SIP dates will be 1st, 5th, 10th, 15th, 20th or 25th of the month Name of the Entity under the monthly/quarterly frequency. Type of address given at KRA (3) c Residential or Business c Residential c Business c Registered Office Minimum no. of installments For schemes other than MMEKBY - 6 installments of Rs. 500/- each and For schemes other than MMEKBY - 4 installments of Rs. 1500/- each and in and Minimum amount per installment in multiples of Re 1 thereafter; For MMEKBY - 6 installments of multiples of Re 1 thereafter; For MMEKBY - 4 installments of Rs. 1500/- PAN Date of Incorporation D D M M Y Y Y Y Rs. 500/- each and in multiples of Rs. 500/- thereafter. each and in multiples of Rs. 500/- thereafter. Mode of Payment a. Direct Debit mandate through select banks with whom AMC may have an arrangement, from time to time. b. PDC. City of Incorporation c. National Automated Clearing House (NACH) Facility Country of Incorporation * If any SIP installment due date falls on a non-Business day, then the respective transactions will be processed on the next Business day. However, in case the chosen date is not available in a particular month, the SIP will be processed on the last day of that month. E.g., if selected date is 31st, SIP installment for the month of September will be processed on 30th September. However, if 30th September happens to be a Non- Entity Constitution Type (3) c Partnership Firm c HUF c Private Limited Company c Public Limited Company c Society c AOP/BOI c Trust c Liquidator Business Day, the SIP will be processed on the immediate next Business Day. Note: Anyone or more SIP transaction dates from the available dates can be selected by the Unit Holders under the Monthly and Quarterly c Limited Liability Partnership c Artificial Juridical Person c Others______frequencies. SIP amount (including Top Up) will be restricted to amount mentioned in Direct Debit / NACH Mandate Form. MMEKBY: Mahindra Manulife ELSS Kar Bachat Yojana Please (3) the applicable tax resident declaration - 1 (b). Top-Up SIP Speci cations Is “Entity” a tax resident of any country other than India? (3) c Yes c No Minimum Top-up installment Top Up Frequency Particulars (If yes, please provide country/countries in which the entity is a resident for tax purposes and the associated Tax ID number below.) For schemes other than MMEKBY For MMEKBY For Monthly SIP For Quarterly SIP % Identi cation Type l l l Country Top up by Amount Rs. 100 and in multiples of Rs 100 thereafter Rs. 500 and in multiples of Rs 500 thereafter Yearly Half Yearly Yearly Tax Identi cation Number (TIN) (TIN or Others, please specify) Top up by Percentage 10% and in multiples of 1% thereafter. Not available l Yearly Rounded off to nearest next multiple of Rs. 10. Note: Existing investors will be required to submit a request for upgrade from SIP to Top-up SIP at least 10 calendar days prior to the next SIP date. In case of Monthly SIP, if the investor has chosen half-yearly Top-Up frequency, the SIP amount will increase after every 6 SIP monthly cycle dates by the amount indicated and if the investor has chosen Yearly Top-Up frequency, the SIP amount will increase after every 12 SIP monthly cycle dates by the amount/percentage indicated. For Quarterly SIPs, only Yearly frequency is available for Top-up and the SIP amount will increase after every 4 SIP quarterly cycle dates by the indicated amount / percentage. If the Investor does not specify either the Top-up amount/percentage or speci es both, the SIP application will be processed by default with the Minimum Top –up installment amount as per above table. The Top-up details cannot be modi ed once enrolled. In order to make any changes, the Investor must cancel the existing SIP and enroll for a fresh SIP with revised Top up details. Default Mode – Top-up by amount. Default Top-up frequency – Yearly. % $ 2. New Investors should mandatorily give a cheque for the rst transaction. Subsequent SIP cheques should be of the same amount as the total amount of rst SIP cheque. In case Tax Identi cation Number is not available, kindly provide its functional equivalent . 3. If the SIP period is not speci ed by the investor then the SIP enrollment will be deemed to be for perpetuity and processed accordingly. In case TIN or its functional equivalent is not available, please provide Company Identification number or Global Entity Identification Number or GIIN, etc. 4. a. SIP Cap Amount: Investor shall have an option to freeze the SIP installment amount (including Top-ups applied at periodic intervals) by specifying a SIP Cap amount. The SIP Cap amount shall be less than or equal In case the Entity’s Country of Incorporation / Tax residence is U.S. but Entity is not a Speci ed U.S. Person, to the amount mentioned by the Investor in the NACH Debit Mandate. In case the SIP Cap amount speci ed by the Investor is higher than the NACH Debit Mandate amount, then the amount mentioned in the mention Entity’s exemption code here NACH Debit Mandate shall be considered for applying Top-ups and processing of SIP installments until the end of SIP tenure. Please refer to para 3(vii) Exemption code for U.S. persons under Part D of FATCA Instructions & De nitions. b. SIP Cap Month-Year: Investor shall have an option to freeze the SIP installment amount (including Top-ups applied at periodic intervals) from a prespeci ed month and year. From this prespeci ed month and year onwards, the SIP Top-Ups will be discontinued and the last topped up SIP installment will remain constant until the end of SIP tenure. FATCA & CRS Declaration (Please consult your professional tax advisor for further guidance on FATCA & CRS classi cation) Note: Investor shall have a exibility to choose either SIP Cap Amount or SIP Cap Month-Year. In case of multiple selections, SIP Cap amount will be considered as default selection. 5. The rst installment will be processed at Applicable NAV based on time stamping. In case of SIP for an amount of Rs. 2 lakh and above, the Applicable NAV of the Scheme will be based on funds available for utilizations, PART A (to be lled by Financial Institutions or Direct Reporting NFEs) as stated in KIMs/SIDs. There should be a gap of at least 30 calendar days between the rst SIP installment and the second SIP installment / SIP Auto Debit "Start" date mentioned in the debit mandate form. The SIP We are a (3), Global Intermediary Identi cation Number (GIIN) Auto Debit shall start from the selected "Start" date mentioned by the investor, subject to completion of successful SIP Auto Debit mandate veri cation and registration formalities at least 10 calendar days prior to the "Start" date speci ed in the debit mandate form. Financial institution3 c Note: If you do not have a GIIN but you are sponsored by another entity, please provide your sponsor’s GIIN above 6. In case of MMEKBY each SIP installment will be subject to a Lock In period of three years from the date of allotment of Units. OR and indicate your sponsor’s name below 7. In case any cheque submitted by the investor for any SIP installment is dishonoured by the Bankers for the reason of account of investor is closed, the AMC would discontinue the SIP immediately. Direct reporting NFE4 c Name of sponsoring entity 8. The SIP enrollment will be discontinued if: (Please tick as appropriate) a. 3 consecutive SIP installments in case of Monthly & Quarterly frequency are not honoured. GIIN not available (please (3) as applicable) c Applied for b. the Bank Account (for Standing Instruction) is closed and request for change in bank account (for Standing Instruction) is not submitted at least 30 calendar days before the next SIP Auto Debit installment due date. If the entity is a nancial institution, c Not required to apply for - please specify 2 digits sub-category10 9. SIP registered for more than one date or all dates of the month under the Monthly / Quarterly frequency, will be considered as separate SIP instruction for the purpose of ful lling the “Minimum no. of installments” criteria. 10. SIP in a folio of a minor will be registered only upto the date of minor attaining the majority even though the instruction may be for the period beyond that date. c Not obtained – Non-participating FI (Refer 1 A of Part D) 11. The Load structure prevailing at the time of submission of the SIP application (whether fresh or extension) will apply for all the Installments indicated in such application. PART B (please ll any one as appropriate “to be lled by NFEs other than Direct Reporting NFEs”) 12. The SIP mandate may be discontinued by a Unit holder by giving a written notice of 30 calendar days to any of the Official Point(s) of Acceptance. 13. The facility will be automatically terminated upon receipt of intimation of death of the Unit holder. 1 Is the Entity a publicly traded company Yes (3) c (If yes, please specify any one stock exchange on which the stock is regularly traded) (that is, a company whose shares are 14. The investors can also subscribe Units through SIP in Demat (electronic) mode for the Scheme. However the Units will be allotted based on applicable NAV of the Scheme and will be credited to investor’s Demat (Bene ciary) Account on weekly basis on realization of funds, e.g. Units will be credited to investor’s Demat (Bene ciary) account every Monday (or next business day, if Monday is a non-business day) for realization regularly traded on an established Name of stock exchange status received in last week from Monday to Friday. securities market) No c 15. Investors will not hold Mahindra Manulife Mutual Fund / Mahindra Manulife Investment Management Private Limited (Formerly known as Mahindra Asset Management Company Private Limited) (MMIMPL), its Is the Entity a related entity of a publicly Yes (3) c (If yes, please specify name of the listed company and one stock exchange on which the stock is regularly traded) Registrar and other service providers responsible, if the transaction is delayed or not affected or the investor’s bank account is debited in advance or after the speci c SIP date. 2 traded company (a company whose 16. The rst cheque should be drawn on the same bank account which is to be registered for Debit. Alternatively, the cheque may be drawn on any bank, but provide a photocopy of the cheque of the bank / branch for shares are regularly traded on an Name of listed company which Debit is registered. established securities market) Nature of relation (3) : c Subsidiary of the Listed Company or c Controlled by a Listed Company 17. Mahindra Manulife Mutual Fund / MMIMPL, it’s Registrar and other service providers shall not be responsible and liable for any damages/ compensation for any loss, damage etc., incurred by the investor. The investor No c assumes the entire risk of using this facility and takes full responsibility. Name of stock exchange
3 Is the Entity an active1 non- nancial Yes (3) c (If yes, please fill UBO declaration in the next section.) Entity (NFE) No c & TEAR HERE & Nature of Business
Terms & Conditions - NACH / Auto Debit Please specify the sub-category of Active NFE Mention code – refer 2 (c) of Part D) 1. NACH debit facility is offered at various banks. For a detailed list of banks please refer the website www.npci.org.in. 4 Is the Entity a passive2 NFE Yes (3) c (If yes, please fill UBO declaration in the next section.) No c 2. This facility is offered only to the investors having bank accounts with above mentioned Banks. Above list is subject to modi cation/updation at any time in future at the sole discretion of Nature of Business MMIMPL, without assigning any reason or prior notice. If any bank is removed, SIP instructions of investors for such banks via NACH will be discontinued without any prior notice. 1Refer 2 of Part D | 2Refer 3(ii) of Part D | 3Refer 1(i)of Part D | 4Refer 3(vi) of Part D | 3. By signing the NACH mandate form the investor agrees to abide by the terms and conditions of NACH facility through NPCI (www.npci.org.in). Please provide below additional details for each of Controlling person. (Please attach additional sheets if necessary) 4. a. New/Existing investors who wish to enroll for SIP through NACH should ll the SIP Application Form and the Registration cum Mandate Form for NACH. b. The Registration cum Mandate Form for NACH should be submitted at least 30 calendar days prior to next SIP cycle date. UBO Declaration (This declaration is NOT needed for Companies that are Listed on any recognized stock exchange in India or is a Subsidiary of such Listed Company or is Controlled by such Listed Company) c. Unique Mandate Registration Number (UMRN) is auto generated by NPCI during the mandate creation for the rst time. Investors, who do not have the UMRN, please leave it blank. UMRN Category (3) c Unlisted Company c Partnership Firm c Limited Liability Partnership Company c Unincorporated association / body of individuals would be linked to the folio and maximum length is 20 characters comprising of Alpha Numeric Character allotted by NPCI. c Religious Trust c Private Trust c Public Charitable Trust c Others______d. Investors who already have UMRN registered under the folio can ll up the SIP Registration cum Mandate Form for NACH and should be submitted at least 10 working days before the date Please list below the details of controlling person(s), confirming ALL countries of tax residency / permanent residency / citizenship and ALL Tax Identification Numbers for EACH controlling person(s) of the rst debit through NACH. (Please attach additional sheets, if necessary) 5. Please provide the cancelled cheque leaf of the Bank A/c no. for which NACH facility is registered. Owner-documented FFI’s should provide FFI Owner Reporting Statement and Auditor’s Letter with required details as mentioned in Form W8 BEN E (Refer 3(vi) of Part C) 6. Investors need to mandatorily ll the SIP Registration Cum Mandate form for NACH for any amendment and cancellation quoting their UMRN by giving 30 calendar days prior notice to any of the Details UBO 1 UBO 2 UBO 3 investor service centre. Name of UBO 7. Investor can choose to discontinue the SIP facility under folio without cancelling the UMRN by giving 30 calendar days prior notice to any of the Investor Service Centre. UBO Code Refer 3 (iv) (A) 8. IFSC is a 11 digit number given by some of the banks on the cheques. MICR is the 9-digit code that appears on your cheque next to the cheque number. Country of Tax Residency # 9. In case of existing investor, if application is received without existing UMRN then the last UMRN registered in the folio would be considered. PAN ^ Terms & Conditions - Auto Debit Auto Debit: The Auto Debit Facility will be made available only with the banks with which MMIMPL or its service provider may have tie up for Auto Debit from time to time. Please contact Mahindra Address Address, Zip, State, Country Address, Zip, State, Country Address, Zip, State, Country Manulife Mutual Fund Investor Service Centre for updated list of banks/ branches eligible for Auto Debit Facility. Address Type Residence/Business/Registered office Residence/Business/Registered office Residence/Business/Registered office (Continued on next page) Details UBO 1 UBO 2 UBO 3 2. Active Non- nancial entity (NFE) : (any one of the following): Refer Explanation (A) to 114F(6) of Income Tax Rules, 1962 for details.
Tax ID @ Code Sub-category Tax ID Type 01 Less than 50 percent of the NFE’s gross income for the preceding nancial year is passive income and less than 50 percent of the assets held by the NFE during the preceding nancial year are assets that produce or are held for the production of passive income; City of Birth 02 The stock of the entity is regularly traded on an established securities market or the non- nancial entity is a related entity of an entity, the stock of which is regularly traded on an Country of Birth established securities market. Occupation Type Service/Business/Others Service/Business/Others Service/Business/Others 03 The NFE is a Governmental Entity, an International Organization, a Central Bank , or an entity wholly owned by one or more of the foregoing; Nationality 04 Substantially all of the activities of the NFEconsist of holding (in whole or in part) the outstanding stock of, or providing nancing and services to, one or more subsidiaries that Father’s Name Mandatory if PAN is not available Mandatory if PAN is not available Mandatory if PAN is not available engage in trades or businesses other than the business of a Financial Institution, except that an entity shall not qualify for this status if the entity functions as an investment fund, Gender Male/Female /Others Male/Female /Others Male/Female /Others such as a private equity fund, venture capital fund, leveraged buyout fund, or any investment vehicle whose purpose is to acquire or fund companies and then hold interests in those companies as capital assets for investment purposes; Date of Birth 05 The NFE is not yet operating a business and has no prior operating history, but is investing capital into assets with the intent to operate a business other than that of a Financial Percentage of Holding (%)* Institution, provided that the NFE shall not qualify for this exception after the date that is 24 months after the date of the initial organization of the NFE; @ In case Tax Ident cation Number is not available, kindly provide its functional equivalent.$ 06 The NFE was not a Financial Institution in the past ve years, and is in the process of liquidating its assets or is reorganizing with the intent to continue or recommence Country of Tax Residency is mandatory for all and if the controlling person is a US citizen or green card holder, please mention U.S.A operations in a business other than that of a Financial Institution; ^ If UBO is KYC compliant, KYC proof to be enclosed. Else PAN or any other valid identity proof must be attached (Pan, Aadhar, Passport, Election ID, Govi. ID, Driving Licence, NREGA Job Card, Others). Position/Designation like Director/Settlor of Trust/Protector of Trust to be speci ed wherever applicable. 07 The NFE primarily engages in nancing and hedging transactions with, or for, Related Entities that are not Financial Institutions, and does not provide nancing or hedging * Attach valid documentary proof like shareholding pattern, self attested by authorised signatory/company secretary. services to any Entity that is not a Related Entity, provided that the group of any such Related Entities is primarily engaged in a business other than that of a Financial Institution; # Additional details to be lled by controlling persons with tax residency / permanent residency / citizenship / Green Card in any country other than India 08 Any NFE that ful lls all of the following requirements: • I t is established and operated in India exclusively for religious, charitable, scienti c, artistic, cultural, athletic, or educational purposes; or it is established and operated in India and it is a professional organization, business league, chamber of commerce, labor organization, agricultural or horticultural organization, civic league or an FATCA - CRS Terms and Conditions organization operated exclusively for the promotion of social welfare; • It is exempt from income tax in India; The Central Board of Direct Taxes has notified Rules 114F to 114H, as part of the Income-tax Rules, 1962, which Rules require Indian financial institutions such as the Bank to seek additional personal, • I t has no shareholders or members who have a proprietary or bene cial interest in its income or assets; tax and beneficial owner information and certain certifications and documentation from all our account holders. In relevant cases, information will have to be reported to tax authorities/ appointed The applicable laws of the NFE’s country or territory of residence or the NFE’s formation documents do not permit any income or assets of the NFE to be distributed to, or applied agencies. Towards compliance, we may also be required to provide information to any institutions such as withholding agents for the purpose of ensuring appropriate withholding from the account for the bene t of, a private person or non-charitable Entity other than pursuant to the conduct of the NFE’s charitable activities, or as payment of reasonable compensation for or any proceeds in relation thereto. services rendered, or as payment representing the fair market value of property which the NFE has purchased; and The applicable laws of the NFE’s country or territory of Should there be any change in any information provided by you, please ensure you advise us promptly, i.e., within 30 days. residence or the NFE’s formation documents require that, upon the NFE’s liquidation or dissolution, all of its assets be distributed to a governmental entity or other non-pro t If any controlling person of the entity is a US citizen or resident or green card holder, please include United States in the foreign country information field along with the US Tax Identification Number. organization, or escheat to the government of the NFE’s country or territory of residence or any political subdivision thereof. $ It is mandatory to supply a TIN or functional equivalent if the country in which you are tax resident issues such identi ers. If no TIN is yet available or has not yet been issued, please provide an Explanation.- For the purpose of this sub-clause, the following shall be treated as ful lling the criteria provided in the said sub-clause, namely:- explanation and attach this to the form. (I) an Investor Protection Fund referred to in clause (23EA); (II) a Credit Guarantee Fund Trust for Small Industries referred to in clause 23EB; and (III) an Investor Protection Fund referred to in clause (23EC), of section 10 of the Act; Part C: Certi cation I/We have understood the information requirements of this Form (read along with the FATCA & CRS Instructions) and hereby con rm that the information provided by me/us on this Form is true, 3 Other de nitions correct and complete. I/We also con rm that I/We have read and understood the FATCA & CRS Terms and Conditions below and hereby accept he same. (i) Related entity An entity is a ‘related entity’ of another entity if either entity controls the other entity, or the two entities are under common control For this purpose, control includes direct or indirect Name ownership of more than 50% of the votes and value in an entity. Designation (ii) Passive NFE The term passive NFE means Signature Signature Signature (a) any non- nancial entity which is not an active non- nancial entity; or (b) an investment entity de ned in clause 1(iv) (b) of these instructions (c) a withholding foreign partnership or withholding foreign trust; Date D D M M Y Y Y Y Place (iii) Passive income PART D (FATCA Instructions & De nitions) The term passive income includes income by way of : (Note: The Guidance Note/noti cation issued by the CBDT shall prevail in respect to interpretation of the terms speci ed in the form) (a) Dividends, (b) Interest 1 (i) Financial Institution (FI) - The term FI means any financial institution that is a Depository Institution, Custodial Institution, Investment Entity or Specified Insurance company, as defined. (c) Income equivalent to interest, (ii) Depository institution: is an entity that accepts deposits in the ordinary course of banking or similar business. (d) Rents and royalties, other than rents and royalties derived in the active conduct of a business conducted, at least in part, by employees of the NFE (iii) Custodial institution is an entity that holds as a substantial portion of its business, holds financial assets for the account of others and where it’s income attributale to holding financial assets (e) Annuities and related financial services equals or exceeds 20 percent of the entity’s gross income during the shorter of- (f ) The excess of gains over losses from the sale or exchange of nancial assets that gives rise to passive income (i) The three financial years preceding the year in which determination is made; or (ii)The period during which the entity has been in existence, whichever is less. (g) The excess of gains over losses from transactions (including futures, forwards, options and similar transactions) in any nancial assets, (iv) Investment entity is any entity: (h) The excess of foreign currency gains over foreign currency losses (a) That primarily conducts a business or operates for or on behalf of a customer for any of the following activities or operations for or on behalf of a customer (I) Net income from swaps (i) Trading in money market instruments (cheques, bills, certificates of deposit, derivatives, etc.); foreign exchange; exchange, interest rate and index instruments; (j) Amounts received under cash value insurance contracts transferable securities; or commodity futures trading; or Individual and collective portfolio management; or But passive income will not include, in case of a non- nancial entity that regularly acts as a dealer in nancial assets, any income from any transaction entered into in the ordinary course of (ii) Investing, administering or managing funds, money or financial asset or money on behalf of other persons; OR such dealer’s business as such a dealer. (b)The gross income of which is primarily attributable to investing, reinvesting, or trading in financial assets, if the entity is managed by another entity that is a depository institution, a (iv) Controlling persons custodial institution, a specified insurance company, or an investment entity described above. An entity is treated as primarily conducting as a business one or more of the 3 activities Controlling persons are natural persons who exercise control over an entity and includes a bene cial owner under sub-rule (3) of rule 9 of the Prevention of Money-Laundering (Maintenance described above, or an entity’s gross income is primarily attributable to investing, reinvesting, or trading in financial assets of the entity’s gross income attributable to the relevant of Records) Rules, 2005. activities equals or exceeds 50 percent of the entity’s gross income during the shorter of : In determining the bene cial owner, the procedure speci ed in the following circular as amended from time to time shall be applied, namely:- (i) The three-year period ending on 31 March of the year preceding the year in which the determination is made; or (i)DBOD.AML.BC. No. 71/14.01.001/2012-13, issued on the 18th January, 2013 by the Reserve Bank of India; or (ii) The period during which the entity has been in existence. (ii) CIR/MIRSD/2/2013, issued on the 24th January, 2013 by the Securities and Exchange Board of India; or The term “Investment Entity” does not include an entity that is an active non-financial entity as per codes 04, 05, 06 and 07 - refer point 2c. (iii) IRDA/SDD/GDL/CIR/019/02/2013, issued on the 4th February, 2013 by the Insurance Regulatory and Development Authority. (v) Specified Insurance Company: Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash In the case of a trust, the controlling person means the settlor, the trustees, the protector (if any), the bene ciaries or class of bene ciaries, and any other natural person exercising ultimate effective Value Insurance Contract or an Annuity Contract. control over the trust, and in the case of a legal arrangement other than a trust, the said expression means the person in equivalent or similar position. (vi) FI not required to apply for GIIN: Refer Rule 114F(5) of Income Tax Rules, 1962 for the conditions to be satis ed as ''non-reporting nancial institution an guidance issued by CBDT in this (A) Controlling Person Type: regard. Code Sub-category A. Reasons why FI not required to apply for GIIN: 01 CP of legal person - ownership Code Sub-category 02 CP of legal person - other means 01 Governmental Entity, International Organization or Central Bank 03 CP of legal person - senior managing official 02 Treaty Quali ed Retirement Fund; a Broad Participation Retirement Fund; a Narrow Participation Retirement Fund; or a Pension Fund of a 04 CP of legal arrangement - trust - settlor Governmental Entity, International Organization or Central Bank 05 CP of legal arrangement - trust - trustee 03 Non-public fund of the armed forces, an employees’ state insurance fund, a gratuity fund or a provident fund 06 CP of legal arrangement - trust - protector 04 Entity is an Indian FI solely because it is an investment entity 07 CP of legal arrangement - trust - bene ciary 05 Quali ed credit card issuer 08 CP of legal arrangement - trust - other 06 Investment Advisors, Investment Managers & Executing Brokers 09 CP of legal arrangement - Other - settlor equivalent 07 Exempt collective investment vehicle 10 CP of legal arrangement - Other - trustee equivalent 08 Trust 11 CP of legal arrangement - Other - protector equivalent 09 Non-registering local banks 12 CP of legal arrangement - Other - bene ciary equivalent 10 FFI with only Low-Value Accounts 13 CP of legal arrangement - Other - other equivalent 11 Sponsored investment entity and controlled foreign corporation 14 Unknown 12 Sponsored, Closely Held Investment Vehicle Details UBO 1 UBO 2 UBO 3 2. Active Non- nancial entity (NFE) : (any one of the following): Refer Explanation (A) to 114F(6) of Income Tax Rules, 1962 for details.
Tax ID @ Code Sub-category Tax ID Type 01 Less than 50 percent of the NFE’s gross income for the preceding nancial year is passive income and less than 50 percent of the assets held by the NFE during the preceding nancial year are assets that produce or are held for the production of passive income; City of Birth 02 The stock of the entity is regularly traded on an established securities market or the non- nancial entity is a related entity of an entity, the stock of which is regularly traded on an Country of Birth established securities market. Occupation Type Service/Business/Others Service/Business/Others Service/Business/Others 03 The NFE is a Governmental Entity, an International Organization, a Central Bank , or an entity wholly owned by one or more of the foregoing; Nationality 04 Substantially all of the activities of the NFEconsist of holding (in whole or in part) the outstanding stock of, or providing nancing and services to, one or more subsidiaries that Father’s Name Mandatory if PAN is not available Mandatory if PAN is not available Mandatory if PAN is not available engage in trades or businesses other than the business of a Financial Institution, except that an entity shall not qualify for this status if the entity functions as an investment fund, Gender Male/Female /Others Male/Female /Others Male/Female /Others such as a private equity fund, venture capital fund, leveraged buyout fund, or any investment vehicle whose purpose is to acquire or fund companies and then hold interests in those companies as capital assets for investment purposes; Date of Birth 05 The NFE is not yet operating a business and has no prior operating history, but is investing capital into assets with the intent to operate a business other than that of a Financial Percentage of Holding (%)* Institution, provided that the NFE shall not qualify for this exception after the date that is 24 months after the date of the initial organization of the NFE; @ In case Tax Ident cation Number is not available, kindly provide its functional equivalent.$ 06 The NFE was not a Financial Institution in the past ve years, and is in the process of liquidating its assets or is reorganizing with the intent to continue or recommence Country of Tax Residency is mandatory for all and if the controlling person is a US citizen or green card holder, please mention U.S.A operations in a business other than that of a Financial Institution; ^ If UBO is KYC compliant, KYC proof to be enclosed. Else PAN or any other valid identity proof must be attached (Pan, Aadhar, Passport, Election ID, Govi. ID, Driving Licence, NREGA Job Card, Others). Position/Designation like Director/Settlor of Trust/Protector of Trust to be speci ed wherever applicable. 07 The NFE primarily engages in nancing and hedging transactions with, or for, Related Entities that are not Financial Institutions, and does not provide nancing or hedging * Attach valid documentary proof like shareholding pattern, self attested by authorised signatory/company secretary. services to any Entity that is not a Related Entity, provided that the group of any such Related Entities is primarily engaged in a business other than that of a Financial Institution; # Additional details to be lled by controlling persons with tax residency / permanent residency / citizenship / Green Card in any country other than India 08 Any NFE that ful lls all of the following requirements: • I t is established and operated in India exclusively for religious, charitable, scienti c, artistic, cultural, athletic, or educational purposes; or it is established and operated in India and it is a professional organization, business league, chamber of commerce, labor organization, agricultural or horticultural organization, civic league or an FATCA - CRS Terms and Conditions organization operated exclusively for the promotion of social welfare; • It is exempt from income tax in India; The Central Board of Direct Taxes has notified Rules 114F to 114H, as part of the Income-tax Rules, 1962, which Rules require Indian financial institutions such as the Bank to seek additional personal, • I t has no shareholders or members who have a proprietary or bene cial interest in its income or assets; tax and beneficial owner information and certain certifications and documentation from all our account holders. In relevant cases, information will have to be reported to tax authorities/ appointed The applicable laws of the NFE’s country or territory of residence or the NFE’s formation documents do not permit any income or assets of the NFE to be distributed to, or applied agencies. Towards compliance, we may also be required to provide information to any institutions such as withholding agents for the purpose of ensuring appropriate withholding from the account for the bene t of, a private person or non-charitable Entity other than pursuant to the conduct of the NFE’s charitable activities, or as payment of reasonable compensation for or any proceeds in relation thereto. services rendered, or as payment representing the fair market value of property which the NFE has purchased; and The applicable laws of the NFE’s country or territory of Should there be any change in any information provided by you, please ensure you advise us promptly, i.e., within 30 days. residence or the NFE’s formation documents require that, upon the NFE’s liquidation or dissolution, all of its assets be distributed to a governmental entity or other non-pro t If any controlling person of the entity is a US citizen or resident or green card holder, please include United States in the foreign country information field along with the US Tax Identification Number. organization, or escheat to the government of the NFE’s country or territory of residence or any political subdivision thereof. $ It is mandatory to supply a TIN or functional equivalent if the country in which you are tax resident issues such identi ers. If no TIN is yet available or has not yet been issued, please provide an Explanation.- For the purpose of this sub-clause, the following shall be treated as ful lling the criteria provided in the said sub-clause, namely:- explanation and attach this to the form. (I) an Investor Protection Fund referred to in clause (23EA); (II) a Credit Guarantee Fund Trust for Small Industries referred to in clause 23EB; and (III) an Investor Protection Fund referred to in clause (23EC), of section 10 of the Act; Part C: Certi cation I/We have understood the information requirements of this Form (read along with the FATCA & CRS Instructions) and hereby con rm that the information provided by me/us on this Form is true, 3 Other de nitions correct and complete. I/We also con rm that I/We have read and understood the FATCA & CRS Terms and Conditions below and hereby accept he same. (i) Related entity An entity is a ‘related entity’ of another entity if either entity controls the other entity, or the two entities are under common control For this purpose, control includes direct or indirect Name ownership of more than 50% of the votes and value in an entity. Designation (ii) Passive NFE The term passive NFE means Signature Signature Signature (a) any non- nancial entity which is not an active non- nancial entity; or (b) an investment entity de ned in clause 1(iv) (b) of these instructions (c) a withholding foreign partnership or withholding foreign trust; Date D D M M Y Y Y Y Place (iii) Passive income PART D (FATCA Instructions & De nitions) The term passive income includes income by way of : (Note: The Guidance Note/noti cation issued by the CBDT shall prevail in respect to interpretation of the terms speci ed in the form) (a) Dividends, (b) Interest 1 (i) Financial Institution (FI) - The term FI means any financial institution that is a Depository Institution, Custodial Institution, Investment Entity or Specified Insurance company, as defined. (c) Income equivalent to interest, (ii) Depository institution: is an entity that accepts deposits in the ordinary course of banking or similar business. (d) Rents and royalties, other than rents and royalties derived in the active conduct of a business conducted, at least in part, by employees of the NFE (iii) Custodial institution is an entity that holds as a substantial portion of its business, holds financial assets for the account of others and where it’s income attributale to holding financial assets (e) Annuities and related financial services equals or exceeds 20 percent of the entity’s gross income during the shorter of- (f ) The excess of gains over losses from the sale or exchange of nancial assets that gives rise to passive income (i) The three financial years preceding the year in which determination is made; or (ii)The period during which the entity has been in existence, whichever is less. (g) The excess of gains over losses from transactions (including futures, forwards, options and similar transactions) in any nancial assets, (iv) Investment entity is any entity: (h) The excess of foreign currency gains over foreign currency losses (a) That primarily conducts a business or operates for or on behalf of a customer for any of the following activities or operations for or on behalf of a customer (I) Net income from swaps (i) Trading in money market instruments (cheques, bills, certificates of deposit, derivatives, etc.); foreign exchange; exchange, interest rate and index instruments; (j) Amounts received under cash value insurance contracts transferable securities; or commodity futures trading; or Individual and collective portfolio management; or But passive income will not include, in case of a non- nancial entity that regularly acts as a dealer in nancial assets, any income from any transaction entered into in the ordinary course of (ii) Investing, administering or managing funds, money or financial asset or money on behalf of other persons; OR such dealer’s business as such a dealer. (b)The gross income of which is primarily attributable to investing, reinvesting, or trading in financial assets, if the entity is managed by another entity that is a depository institution, a (iv) Controlling persons custodial institution, a specified insurance company, or an investment entity described above. An entity is treated as primarily conducting as a business one or more of the 3 activities Controlling persons are natural persons who exercise control over an entity and includes a bene cial owner under sub-rule (3) of rule 9 of the Prevention of Money-Laundering (Maintenance described above, or an entity’s gross income is primarily attributable to investing, reinvesting, or trading in financial assets of the entity’s gross income attributable to the relevant of Records) Rules, 2005. activities equals or exceeds 50 percent of the entity’s gross income during the shorter of : In determining the bene cial owner, the procedure speci ed in the following circular as amended from time to time shall be applied, namely:- (i) The three-year period ending on 31 March of the year preceding the year in which the determination is made; or (i)DBOD.AML.BC. No. 71/14.01.001/2012-13, issued on the 18th January, 2013 by the Reserve Bank of India; or (ii) The period during which the entity has been in existence. (ii) CIR/MIRSD/2/2013, issued on the 24th January, 2013 by the Securities and Exchange Board of India; or The term “Investment Entity” does not include an entity that is an active non-financial entity as per codes 04, 05, 06 and 07 - refer point 2c. (iii) IRDA/SDD/GDL/CIR/019/02/2013, issued on the 4th February, 2013 by the Insurance Regulatory and Development Authority. (v) Specified Insurance Company: Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash In the case of a trust, the controlling person means the settlor, the trustees, the protector (if any), the bene ciaries or class of bene ciaries, and any other natural person exercising ultimate effective Value Insurance Contract or an Annuity Contract. control over the trust, and in the case of a legal arrangement other than a trust, the said expression means the person in equivalent or similar position. (vi) FI not required to apply for GIIN: Refer Rule 114F(5) of Income Tax Rules, 1962 for the conditions to be satis ed as ''non-reporting nancial institution an guidance issued by CBDT in this (A) Controlling Person Type: regard. Code Sub-category A. Reasons why FI not required to apply for GIIN: 01 CP of legal person - ownership Code Sub-category 02 CP of legal person - other means 01 Governmental Entity, International Organization or Central Bank 03 CP of legal person - senior managing official 02 Treaty Quali ed Retirement Fund; a Broad Participation Retirement Fund; a Narrow Participation Retirement Fund; or a Pension Fund of a 04 CP of legal arrangement - trust - settlor Governmental Entity, International Organization or Central Bank 05 CP of legal arrangement - trust - trustee 03 Non-public fund of the armed forces, an employees’ state insurance fund, a gratuity fund or a provident fund 06 CP of legal arrangement - trust - protector 04 Entity is an Indian FI solely because it is an investment entity 07 CP of legal arrangement - trust - bene ciary 05 Quali ed credit card issuer 08 CP of legal arrangement - trust - other 06 Investment Advisors, Investment Managers & Executing Brokers 09 CP of legal arrangement - Other - settlor equivalent 07 Exempt collective investment vehicle 10 CP of legal arrangement - Other - trustee equivalent 08 Trust 11 CP of legal arrangement - Other - protector equivalent 09 Non-registering local banks 12 CP of legal arrangement - Other - bene ciary equivalent 10 FFI with only Low-Value Accounts 13 CP of legal arrangement - Other - other equivalent 11 Sponsored investment entity and controlled foreign corporation 14 Unknown 12 Sponsored, Closely Held Investment Vehicle (v) Speciied U.S. person – A U.S person other than the following: (i) a corporation the stock of which is regularly traded on one or more established securities markets; (ii) any corporation that is a member of the same expanded affiliated group, as de ned in section 1471(e)(2) of the U.S. Internal Revenue Code, as a corporation described in clause (i); (iii) the United States or any wholly owned agency or instrumentality thereof; (iv) any State of the United States, any U.S. Territory, any political subdivision of any of the foregoing, or any wholly owned agency or instrumentality of any one or more of the foregoing; (v) any organization exempt from taxation under section 501(a) of the U.S. Internal Revenue Code or an individual retirement plan as de ned in section 7701(a)(37) of the U.S. Internal Revenue Code; (vi) any bank as de ned in section 581 of the U.S. Internal Revenue Code; (vii) any real estate investment trust as de ned in section 856 of the U.S. Internal Revenue Code; (viii) any regulated investment company as de ned in section 851 of the U.S. Internal Revenue Code or any entity registered with the U.S. Securities and Exchange Commission under the Investment Company Act of 1940 (15 U.S.C. 80a-64); (ix) any common trust fund as de ned in section 584(a) of the U.S. Internal Revenue Code; (x) any trust that is exempt from tax under section 664(c) of the U.S. Internal Revenue Code or that is described in section 4947(a)(1) of the U.S. Internal Revenue Code; (xi) a dealer in securities, commodities, or derivative nancial instruments (including notional principal contracts, futures, forwards, and options) that is registered as such under the laws of the United States or any State; (xii) a broker as de ned in section 6045(c) of the U.S. Internal Revenue Code; or (xiii) any tax-exempt trust under a plan that is described in section 403(b) or section 457(g) of the U.S. Internal Revenue Code. (vi) Direct reporting NFE A direct reporting NFFE means a NFFE that elects to report information about its direct or indirect substantial U.S. owners to the IRS. (vii) Exemption code for U.S. persons (Refer 114F(9) of Income Tax Rules, 1962 for details.) Code Sub-category A An organization exempt from tax under section 501(a) or any individual retirement plan as de ned in section 7701(a)(37) B The United States or any of its agencies or instrumentalities C A state, the District of Columbia, a possession of the United States, or any of their political subdivisions or instrumentalities D A corporation, the stock of which is regularly traded on one or more established securities markets, as described in Reg. section 1.1472-1(c)(1)(I) E A corporation that is a member of the same expanded affiliated group as a corporation described in Reg. section 1.1472-1(c)(1)(I) F A dealer in securities, commodities, or derivative nancial instruments (including notional principal contracts, futures, forwards, and options) that is registered as such under the laws of the United States or any state G A real estate investment trust H A regulated investment company as de ned in section 851 or an entity registered at alltimes during the tax year under the Investment Company Act of 1940 I A common trust fund as de ned in section 584(a) J A bank as de ned in section 581 K A broker L A trust exempt from tax under section 664 or described in section 4947(a)(1) M A tax exempt trust under section 403(b) plan or section 457(g) plan CHECKLIST
Application Form is complete in all respect. Name, address & contact details are mentioned in full and signed by all applicants. Bank account details stated are complete and correct. In case investment cheque is from a different bank account, original cancelled cheque copy is attached. Permanent Account Number (PAN) for all applicants as applicable is mentioned. Preferred investment option i.e. whether Growth or IDCW Payout or IDCW Reinvestment is mentioned clearly. The cheque / demand draft should be drawn favouring the name of the scheme & crossed as “Account Payee Only”, dated and duly signed. Application Number / Folio Number and applicant’s name and / or PAN is mentioned on the reverse of each cheque. Demat A/c details are filled correctly in the form. Please provide self attested Client Master list Copy (where applicable). Details of applicants provided matches exactly with those in the Depository. Not a Resident of Canada. Accompanying Documents Please submit the following documents with your application (where applicable). All documents should be original / true copies by a Partner / Director / Trustee / Company Secretary / Authorised Signatory, etc.
Documents Individuals1 Companies Societies Partnership Investments Trust NRI FPI2 Sole Minor Firms through PoA Proprietor Resolution / Authorisation to invest 3 3 3 3 3 Trust Deed 3 Bye - Laws 3 Partnership Deed 3 SEBI Registration / Designated Depository 3 Participant Registration Certificate Proof of Date of birth 3 Notarised Power of Attorney 3 Foreign Inward Remittance Certificate, in case payment is made by DD from NRE / FCNR a/c, where applicable 3 KYC Acknowledgement 3 3 3 3 3 3 3 3 3 3 Demat Account Details (Client Master List Copy)3 3 3 3 3 3 3 3 3 3 3 FATCA CRS/UBO Declaration 3 3 3 3 3 3 3 3 3
1 Self attestation is mandatory. 2 Copy of Designated Depository Participant registration certificate (for FPI) should be provided. 3 In case Units are applied in Electronic (Demat) mode.
INSTRUCTIONS FOR APPLICATION FORM(S)
1. Please read the terms of the Key Information Copies of the supporting documents submitted should “Direct Plan” against the Scheme / Plan name and Memorandum/ Scheme Information Document be accompanied by originals for verification. In case the without any distributor code mentioned on the form, (SID)/ Statement of Additional Information (Scheme original of any document is not produced for verification, the application will be processed under “Direct Plan”. Documents) carefully before investing in the Scheme. Mutual Fund/ AMC reserves the right to seek attested 2. TRANSACTION CHARGES copies of the supporting documents. Upon signing and submitting the Application Form and In accordance with SEBI circular No. Cir/ IMD/ DF/13/ tendering payment it will be deemed that the investors No request for withdrawal of application will be 2011 dated August 22, 2011, as amended from time have accepted, agreed to and shall comply with the terms allowed. to time the AMC/ the Fund will deduct Transaction and conditions detailed in the Scheme Documents. Investments through distributors Charges from the purchase/ subscription amount Applications complete in all respects, may be submitted As per directions of Securities and Exchange Board of received from the investors investing through a valid at the Official Points of Acceptances. India (SEBI), Investors can route their Application Forms ARN Holder i.e. AMFI registered Distributor (provided the Distributor has opted-in to receive the Transaction New Investors wishing to make SIP investment will need directly and /or through the distributors /employees of the distributor who hold a valid certification from Charges). The Distributor may opt to receive to complete and submit both the Application Form and transaction charges based on the type of product. the SIP Enrolment Form (for Post Dated Cheques or for the National Institute of Securities Markets (NISM) and Auto Debit / NACH as applicable). Existing investors ARN provided by AMFI. Further, no agents/ distributors Transaction Charge of Rs. 150 (for a first time investor wishing to make SIP investment will need to complete are entitled to sell units of mutual funds unless the across mutual funds) or Rs. 100 (for investor other and submit ONLY the SIP Enrolment Form (for Post intermediary is registered with Association of Mutual than first time mutual fund investor) per purchase / Dated Cheques or for Auto Debit / NACH as applicable), Funds in India (AMFI). subscription of Rs. 10,000 and above are deductible mentioning their folio number in the SIP enrolment form. Employee Unique Identification Number (EUIN) from the purchase / subscription amount and payable to the Distributor. The balance amount shall Please tick in the appropriate box for relevant options Every employee/ relationship manager/ sales person of be invested. wherever applicable. Do not overwrite. For any the distributor of mutual fund products is required to TRANSACTION CHARGES IN CASE OF INVESTMENTS correction / changes if made in the Application Form, quote the EUIN obtained by him/her from AMFI in the THROUGH SIP: the Applicant(s) shall enter the correct details pursuant Application Form. Investors are requested to verify the to cancellation of incorrect details and authenticate AMFI registration details from their Distributor. However, Transaction Charges in case of investments through SIP the corrected details by counter-signing against the in exceptional cases, where there is no interaction by are deductible only if the total commitment of investment changes. the employee/ sales person/relationship manager of the (i.e. amount per SIP installment x No. of installments) distributor/sub broker with respect to the transaction amounts to Rs. 10,000 or more. In such cases, Transaction Investors can also subscribe to the Units of the Regular and EUIN box is left blank, you are required to provide Charges shall be deducted in 3-4 installments. Plan of the Scheme through the mutual fund trading the duly signed declaration to the effect as given in the Transaction Charges shall not be deducted: platforms viz. BSE StAR MF of Bombay Stock Exchange form. Limited and NMF II platform of National Stock Exchange (a) where the distributor of the investor has not opted of India Limited. For further details, investors are advised Overseas Distributors to receive any Transaction Charges; to contact ISCs of Mahindra Manulife Mutual Fund or visit For Overseas Distributors, the ARN Code provided (b) for purchases / subscriptions / SIP Commitment of our website www.mahindramanulife.com by AMFI is required to be incorporated in the space an amount less than Rs.10,000/-; provided. Overseas Distributors are required to comply The Application Form number / Folio number should be with the laws, rules and regulations of jurisdictions (c) for transactions other than purchases/ subscriptions written by the Investors on the reverse of the cheques where they carry out their operations in the capacity of relating to new inflows i.e. through Switches etc.; and bank drafts accompanying the Application Form. distributors. (d) for purchases / subscriptions made directly with the Applications incomplete in any respect are liable to be Fund (i.e. not through any distributor). rejected. Mahindra Manulife Investment Management Direct Investments Private Limited (Formerly known as Mahindra Asset Investors applying Directly must mention “Direct” in the (e) for purchases / subscriptions routed through Stock Management Company Private Limited) (MMIMPL/AMC) ARN column. In case distributor code is mentioned in the Exchange(s) as applicable. /Mahindra Manulife Trustee Private Limited (Formerly Application Form, but “Direct Plan” is indicated against Please indicate if First / Sole Applicant is a first time known as Mahindra Trustee Company Private Limited) the Scheme name, the distributor code will be ignored investor across Mutual Funds or an existing investor in (MMTPL/Trustee) have absolute discretion to reject any and the application will be processed under Direct Plan. the appropriate box provided for this purpose in the such Application Forms. In case of valid application received without indicating Application Form. The AMC/ Fund will endeavor to
1 identify the investor as “first time” or “existing” based on In certain circumstances (including if the Fund / Such redemption will be processed at the the Permanent Account Number (PAN) / PAN Exempt KYC AMC do not receive a valid self-certification from applicable Net Asset Value and subject to Reference No. (PEKRN) at the First / Sole Applicant level. the investor), the Fund / AMC may be obliged to applicable taxes and exit load, if any. If the PAN/ PEKRN details are available, then the First/ share the investor’s account information with the If an existing Unit Holder(s) subsequently becomes Sole Applicant will be treated as existing investor (i.e. relevant tax authority. For any questions about tax a Resident of Canada, then such Unit Holder(s) will Rs.100/- will be deducted as Transaction Charge) else the residency, investors are advised to contact their not be able to purchase any additional Units in any declaration in the Application Form will be considered respective tax advisors. Further if the investor is of the Schemes of Mahindra Manulife Mutual Fund. (i.e. Rs.150/- for first time investors or Rs.100/- for other a citizen or resident or green card holder or tax The Mutual Fund reserves the right to include/ than first time investors will be deducted as Transaction resident other than India, investor(s) shall include exclude new/existing categories of investors to Charge, as applicable). However, if an investor has not all such countries in the tax resident country invest in the Scheme from time to time, subject provided any declaration, he will be considered as an information field along with the Tax Identification to SEBI Regulations and other prevailing statutory “existing” investor. Number or any other relevant reference ID/ Number in the prescribed forms. If there is any Regulations, if any. The Mutual Fund / Trustee / 3. EXISTING UNIT HOLDER INFORMATION change in the information provided, investor(s) AMC may redeem Units of any Unitholder in Investors/Unitholders already having a folio with the Fund shall promptly intimate the same to the Fund / the event it is found that the Unitholder has should fill in sections 1, 8 and 11 only. The personal and AMC within 30 days. FATCA/CRS due diligence submitted information either in the application or the Bank Account details as they feature in the existing will be directed at each investor / Unit holder otherwise that is false, misleading or incomplete folio would apply to this investment and would prevail (including joint investor/Unitholder) and on being or Units are held by any person in breach of the over any conflicting information, if any, furnished in this identified as a reportable person, all the folios will SEBI Regulations, any law or requirements of any form. In case the name of the Unit holder as provided be reported. The AMC/Mutual Fund reserves the governmental, statutory authority. in this application does not correspond with the name right to reject any application/freeze any folio(s) E. KIN is a 14 digit unique number issued by the Central appearing in the existing folio, the application form may held directly or beneficially for transactions in the KYC Registry (CKYCR) to individuals/Non-Individual be rejected, at the discretion of the AMC/ Fund. event the applicant/Unitholder(s) fail to furnish entities who have completed their KYC formalities 4 UNIT HOLDER INFORMATION the relevant information and/or documentation through CKYCR. Those investors who have a KIN in accordance with FATCA/CRS provisions and as from CKYCR, should quote their 14 digit KIN in the A. Name, address and contact details like telephone, requested by the Fund/ AMC. application form. mobile and email address must be written in full. On successful validation of the investor’s PAN for KYC, D. Who cannot invest? F. GST denotes “Goods & Services Tax” and GSTIN denotes GST Identification Number. Mahindra the address provided in the KYC form will override The following persons/entities cannot invest in the the address mentioned in the Application Form. Manulife Mutual Fund (MF) Head Office (HO) Scheme: location which is currently in Mumbai, Maharashtra Applications under a Power of Attorney (PoA) must 1. Any individual who is a foreign national or any shall be considered as “Service recipient location” be accompanied by the original Power of Attorney other entity that is not an Indian resident and accordingly if the Investor is in MF HO Location or a certified true copy/duly notarized copy of under the Foreign Exchange Management State i.e. Maharashtra, CGST (Central GST @ 9%) and the same. Authorised officials should sign the Act, 1999 (FEMA Act) except where registered SGST (State GST @ 9%) else IGST (Integrated GST @ Application Form under their official designation. A with SEBI as a FPI or otherwise explicitly 18%) shall be computed on the entry/exit load as list of specimen signatures of the authorised officials, permitted under FEMA Act/ by RBI/ by any applicable according to features of the schemes. duly certified / attested should also be attached to other applicable authority, or as stated in the the Application Form. Identification of location for place of supply of exception in paragraph 5 hereunder. service (GST State Code) of the investor will be All communication and payments shall be made by 2. Overseas Corporate Bodies (OCBs) based on the State Code of the investor’s address, the Fund in the name of and favouring the first / 3. NRIs residing in Non-Compliant Countries and updated in the folio and available at the time of sole applicant. In case of applications made in joint processing the transaction. names without indicating the mode of holding, Territories (NCCTs) as mode of holding will be deemed as ‘Joint’ and determined by the Financial 5. Mode of Payment processed accordingly. Action Task Force (FATF), from time to time. A. Subscription Bank Account Details In case an investor opts to hold the Units in demat 4. Residents of Canada as defined under the An investor at the time of his/her purchase of units form, the applicant(s) details mentioned in Section applicable laws of Canada. must provide the details of his / her pay-in bank 3, should be the same as appearing in demat 5. U.S. Person* (including all persons residing in U.S., account (i.e. account from which a subscription account held with a Depository Participant. U.S. Corporations or other entities organised payment is being made) in Section 8 in the Investments on Behalf of Minor: under the laws of U.S), except lump sum Application Form. In addition to the existing procedures, the subscription and switch transaction requests B. Resident Investors photocopy of supporting documents as received from Non-resident Indians / Persons (a) For Investors having a bank account with such enumerated below shall be mandatory submitted of Indian origin who at the time of such banks with whom the AMC would have an while opening the account on behalf of minor: investment, are physically present in India and arrangement from time to time: submit only a physical transaction request along Payment may be made for subscription to i. Birth certificate of the minor, or with such documents / undertakings, etc. as ii. School leaving certificate / Mark sheet issued the Units of the Scheme either by issuing a may be prescribed by the AMC / Mutual Fund cheque drawn on such banks or by giving by Higher Secondary Board of respective from time to time, and subject to compliance states, ICSE, CBSE etc., or a debit mandate to their account with such with all applicable laws and regulations prior other banks with whom the AMC may have an iii. Passport of the minor, or to investing in the Scheme, and provided that arrangement from time to time. such persons shall not be eligible to invest iv. Any other suitable proof evidencing the date of (b) For other Investors not covered by (a) above: birth of the minor. through the SIP route / systematic transactions. Payment may be made by cheque or bank In case of ambiguity in Date of Birth provided draft drawn on any bank, which is a member *The term “U.S. Person” means any person that is as per the application form/ updated from KYC of the Bankers’ Clearing House, located at a U.S. Person within the meaning of Regulation records vis-a-vis the document evidencing the date the place where the application is submitted. S under the Securities Act of 1933 of the United of birth of the minor, the date of birth as per such No money orders, post dated cheques and States or as defined by the U.S. Commodity document will be considered and captured in our postal orders will be accepted. Bank charges Futures Trading Commission or as per such records accordingly. for outstation demand drafts will be borne further amended definitions, interpretations, B. In accordance with SEBI Circular No. CIR/ by the AMC and will be limited to the bank legislations, rules etc., as may be in force from MIRSD/13/2013 dated December 26, 2013, the charges stipulated by the State Bank of India. time to time. additional details viz. Occupation details, Gross Outstation Demand Draft has been defined as Annual Income/ Net-worth and Politically Exposed The physical application form(s) for a demand draft issued by a bank where there Person (PEP)* status mentioned under section transactions (in non-demat mode) from such is no ISC available for Investors. 5 which was forming part of uniform KYC form U.S. person will be accepted only at the official The AMC will not accept any request for refund will now be captured in the Application Form of points of acceptance of transactions of the of demand draft charges and applications the Fund. Also, the detail of nature of services viz. Fund in India. Additionally, such transactions accompanied by Non-CTS cheques shall be Foreign Exchange/Gaming/ Money Lending, etc., in physical application form(s) will also be liable for rejection, at the discretion of the AMC/ (applicable for first/sole applicant) is required to accepted through Distributors of the AMC and Fund. be provided as part of Client Due Diligence (CDD) other platforms in India, subject to receipt of Process of the Fund. such additionaldocuments/undertakings, etc., C. NRIs, PIOs, OCIs as may be stipulated by the AMC / Trustee In the case of NRIs/PIOs/OCIs, payment The said details are mandatory for all investors. from time to time. may be made either by inward remittance *PEP are defined as individuals who are or have The investor shall be responsible for complying through normal banking channels or been entrusted with prominent public functions with all applicable laws for such investments. out of funds held in the NRE / FCNR in in a foreign country, e.g., Heads of States or The AMC/Trustee reserves the right to put the the case of Purchases on a repatriation of Governments, senior politicians, senior application form/transaction request on hold/ basis or out of funds held in the NRE / Government/judicial/ military officers, senior reject the subscription/transaction request FCNR/ NRO account, in the case of Purchases executives of state owned corporations, important and redeem the units, if already allotted, as the on a non-repatriation basis. In case Indian political party officials, etc. case may be, as and when identified by the rupee drafts are purchased abroad or C. Details under Foreign Account Tax Compliance AMC that the same is not in compliance with payments from FCNR or NRE accounts, an Act (FATCA) / Common Reporting Standard the applicable laws, the terms and conditions account debit certificate from the Bank (CRS) / Foreign Laws: stipulated by the AMC/Trustee from time to issuing the draft confirming the debit and/ or time and/or the documents/undertakings foreign inward remittance certificate (FIRC) by Tax Regulations require the Fund / AMC to collect Investor’s banker shall also be enclosed. information about each investor’s tax residency. provided by such investors are not satisfactory.
2 D. Payment Through Single Cheque the bank account of the minor or joint account In cases of wrong/ invalid/ incomplete ARN codes i. Investor can choose to make payment through of the minor with the same guardian only as mentioned on the application form, the application a single cheque for investing in multiple mentioned in the application form. shall be processed under Regular Plan. The AMC schemes in the same folio using single or shall endeavour to contact the investor/distributor and obtain the correct ARN code within 30 calendar multiple application forms by ticking the box 6. BANK DETAILS ‘Payment through Single Cheque” days of the receipt of the application form from the A. Pay-Out Bank Account Details (For redemption investor/ distributor. In case, the correct code is not ii. Investor can make a consolidated payment only): received within 30 calendar days, the AMC shall for purchases in the same folio for minimum 2 An investor at the time of investment must provide reprocess the transaction under Direct Plan from the and upto 6 schemes. Same cheque cannot be date of application without any exit load. used for both lumpsum & SIP investments. the details of the pay-out bank account (i.e. account into which redemption proceeds are to be Investors may note that in case of fresh/additional iii. The Cheque/ DD should be drawn for the total paid) in Section 7 in the Application Form. The same purchases, if the name of the Scheme on the amount across schemes mentioned in section 8 is mandated to be provided under SEBI Regulations. application form/transaction slip differs with the and should be in favour of “Mahindra Manulife name on the Cheque/Demand Draft/payment MF Multiple Schemes - A/c PAN” or “Mahindra In case pay-out bank account is different from pay-in bank account mentioned under Section 8 instrument/transfer letter, then the AMC will Manulife MF Multiple Schemes - A/c Investor allot units under the Scheme mentioned on Name” and crossed “A/c Payee only” in the Application Form, the investor subscribing under a new folio is required to submit any one of the application form. In case of fresh/additional iv. Investor should use separate Cheque/DD for following as a documentary proof along with the purchases, if the Scheme name is not mentioned making Lumpsum and SIP investments. Application Form validating that pay-out bank on the application form/transaction slip, then v. The application may be rejected in total if: account pertain to the sole / first Applicant. the units will be allotted under the Scheme mentioned on the Cheque/Demand Draft/payment º The investment details in section 8 for (i) Cancelled original cheque leaf of the pay-out instrument/transfer letter. The Plan/Option that will any one or more of the schemes is/are bank account (where the account number and be considered in such cases if not specified by the incomplete first applicant name is printed on the face of customer will be the default option of the Scheme as º The minimum investment criteria is/are the cheque). Applicants should without fail per the SID. However, in case additional purchase is not met for one or more of the schemes cancel the cheque and write ‘Cancelled’ on the under the same scheme as fresh purchase, then the º The total investment amount is different face of it to prevent any possible misuse; AMC reserves the right to allot units in the option from the cheque/ DD amount (ii) Self attested copy of the bank pass book or under which units were allotted at the time of fresh vi. EXCEPTIONS: Facility for Payment through a statement of bank account with current purchase. single cheque is not available for investments entries not older than 3 months having the INVESTMENT THROUGH SIP/MICRO SIP name and address of the first applicant and in (1) Mahindra Manulife Liquid Fund; (2) in 1. SIP facility is offered by the Scheme subject to account number; any scheme during its NFO period. following features: Payment Through Multiple cheques (iii) A letter from the bank on its letterhead (i) Frequency available- Monthly/ Quarterly i. The cheque/ DD should be drawn in favour of certifying that the applicant maintains an SIP Transaction Dates- account with the bank, the bank account “Name of the Scheme - A/c PAN” or “Name of Any date* the Scheme - A/c Investor Name” information like bank account number, bank branch, account type, the MICR code of the For SIPs being registered through Post Dated Returned cheque(s) are liable not to be presented branch & IFSC Code (where available). Cheque (‘PDC’) mode, available SIP dates will be again for collection and the accompanying Note: The above documents shall be submitted in 1st, 5th, 10th, 15th, 20th or 25th of the month Application Form is liable to be rejected. The under the monthly/quarterly frequency Trustee reserves the right to recover from an Original. If copies are furnished, the same must be * If any SIP installment due date falls on a non- investor any loss caused to the schemes on account submitted at the Official Point of Acceptance (OPAs) Business day, then the respective transactions of dishonor of cheques/presentation of dishonored of the Fund where they will be verified with the will be processed on the next Business day. cheques issued by the investor for purchase of original documents to the satisfaction of the Fund. However, in case the chosen date is not available Units of the schemes. The original documents will be returned across the counter to the applicant after due verification. In in a particular month, the SIP will be processed on E. Cash case the original of any document is not produced the last day of that month. E.g., if selected In order to help enhance the reach of mutual for verification, then the copies should be attested by date is 31st, SIP installment for the month of fund products amongst small investors, who the bank manager with his / her full signature, name, September will be processed on 30th September. may not be tax payers and may not have PAN/ employee code, bank seal and contact number. However, if 30th September happens to be a bank accounts, such as farmers, small traders/ Non-Business Day, the SIP will be processed Further, in exceptional cases where Third Party Payments on the immediate next Business Day. businessmen/workers, SEBI has permitted receipt [as stated under Instruction 8B below] are accepted, of cash transactions for fresh purchases/ additional the investor is required to submit any one of the (ii) Minimum no. of installments purchases to the extent of Rs.50,000/- per investor, documentary proofs as stated in (i), (ii) and (iii) above Monthly: For schemes other than MMEKBY - 6 per financial year shall be allowed subject to: for the pay-out bank account. Investors are requested installments of Rs. 500/- each and in multiples of i. compliance with Prevention of Money to note that applications for new folio creation Re 1 thereafter; submitted (wherein pay-out bank details is different Laundering Act, 2002 and Rules framed there For MMEKBY - 6 installments of Rs. 500/- each from pay-in bank details) without any of the above under; the SEBI Circular(s) on Anti Money and in multiples of Rs. 500/- thereafter. Laundering (AML) and other applicable Anti mentioned documents relating to payout bank account Money Laundering Rules, Regulations and details will be treated as invalid and liable to be rejected. Quarterly: For schemes other than MMEKBY - 4 installments of Rs. 1500/- each and in multiples Guidelines; and B. Pay- Out Bank Account Details in case of Minor of Re 1 thereafter; ii. sufficient systems and procedures in place. (For Redemption only) In case of minor folio the redemption proceeds For MMEKBY - 4 installments of Rs. 1500/- each However, payment towards redemptions, \dividend and in multiples of Rs. 500/- thereafter. (IDCW), etc. with respect to afore mentioned shall be credited in the bank account of minor or in investments shall be paid only through banking the joint account of the minor held with the same (iii) Mode of Payment channel. guardian (as registered in the folio). In case of minor a. Direct Debit mandate through select banks folios where the existing payout bank account does The Fund/ AMC is currently in the process of setting with whom AMC may have an arrangement, not belong to the minor or is not a joint account of time to time. up appropriate systems and procedures for the the minor held with the same guardian (registered said purpose. Appropriate notice shall be displayed in the folio) the AMC shall insist upon a change b. Post-Dated Cheques (PDCs). on its website viz. www.mahindramanulife.com, as of pay-out bank mandate before processing c. National Automated Clearing House (NACH) well as at the Investor Service Centres, once the redemption. Facility facility is made available to the investors. C. Multiple Bank Account Registration: Note: Any one or more SIP transaction dates from F. Subcriptions through RTGS/ NEFT: An investor may register multiple bank accounts the available dates can be selected by the Subscription through RTGS/NEFT can be done (currently upto 5 for Individuals/ HUF and upto Unit Holders under the Monthly and Quarterly ONLY into the account(s) maintained with such 10 for Non-Individuals) for receiving redemption frequencies. banks as specified from time to time. Please contact proceeds etc. by providing necessary documents Default Options: the nearest ISC for bank details. and filling up of Multiple Bank Accounts Default Frequency – Monthly The investor has to place a RTGS / NEFT request Registration form. with his bank from where the funds are to be D. Indian Financial System Code (IFSC) Default Date – 10th paid and submit the bank acknowledged copy IFSC is a 11 digit number given by some of the banks 2. New Investors should mandatorily give a cheque for of request letter with the application form and on the cheques. IFSC will help to secure transfer of the first transaction. Subsequent SIP cheques should mention on the application form the UTR (Unique redemption via the various electronic mode of be of the same amount as the total amount of first Transaction Reference) Number which is generated transfers that are available with the banks. SIP cheque. for their request by the bank. 7. INVESTMENT DETAILS 3. Please draw cheque in the name of the Scheme e.g. RTGS/NEFT request is subject to the RBI regulations “Name of the Scheme - A/c PAN” or “Name of the and guidelines governing the same. The AMC/Fund A. Regular Plan: This Plan is for investors who wish to route their investment through any distributor. Scheme - A/c Investor Name” and crossed “A/c Payee shall not be liable for any loss arising or resulting only”. Also write SIP registration Form no. or folio from delay in credit of funds in the Fund/Scheme B. Direct Plan: This Plan is for investors who wish number on the reverse of cheque accompanying SIP collection account. to invest directly without routing the investment registration form. through any distributor. G. Investment on behalf of minor 4. If the SIP period is not specified by the investor In case of investment on behalf of minor the Investors should mention the Plan for which the then the SIP enrollment will be deemed to be for payment for the same shall be accepted by means subscription is made by indicating the choice in perpetuity and processed accordingly. of Cheque, Demand Draft or any other mode from the appropriate box provided for this purpose in the application form. 5. The first installment will be processed at Applicable
3 NAV based on time stamping. In case of SIP for ix. Investors who have enrolled for SIP with Quarterly not be responsible and liable for any damages/ an amount of Rs. 2 lakh and above, the Applicable Frequency will be able to choose only “Yearly” compensation for any loss, damage etc., incurred by NAV of the Scheme will be based on funds frequency for Top-Up and the SIP amount will the investor. The investor assumes the entire risk of available for utilizations, as stated in KIMs/SIDs. increase after every 4 SIP quarterly cycle dates by using this facility and takes full responsibility. There should be a gap of at least 30 calendar days the amount / percentage, as indicated. SIP through post-dated cheques (for SIP registered through the physical mode)/ x. If the Investor does not specify either the Top- 15 calendar days (for SIP registered through the The date of the first cheque shall be the same as the date up amount/percentage or specifies both, the of the application while the remaining cheques shall AMC’s online portal available on its website i.e. SIP application will be processed by default www.mahindramanulife.com) between the first SIP be postdated cheques which shall be dated uniformly. with the minimum Top –up installment amount, Investors can invest in SIP by providing post-dated installment and the second SIP installment / SIP Auto as applicable. Debit “Start” date mentioned in the debit mandate cheques to Official Point(s) of Acceptance. All SIP cheques form. The SIP Auto Debit shall start from the selected xi. In case the SIP installment amount(s) (including should be of the same amount and same SIP transaction “Start” date mentioned by the investor, subject to Top-ups applied at periodic intervals) exceeds date opted. Cheques should be drawn in favour of completion of successful SIP Auto Debit mandate the maximum amount mentioned by the the Scheme and “A/c Payee only”. A letter will be forwarded verification and registration formalities at least 10 Investor in the NACH debit mandate, the said to the Investor on successful registration of SIP. The Post calendar days prior to the “Start” date specified in the SIP Top-up request will stand rejected and the Dated cheques will be presented on the dates mentioned debit mandate form. SIP will continue to be processed with the last on the cheque and subject to realization of the cheque. topped up SIP instalment amount. 6. SIP Top-up Facility 8. THIRD PARTY PAYMENTS xii. The Top-up details cannot be modified once A. The AMC / Fund shall not accept applications for SIP Top-up Facility is a facility which provides flexibility enrolled. In order to make any changes, the to the investors to increase the amount of the SIP subscriptions of units accompanied with Third Party Investor must cancel the existing SIP and enroll Payments except in cases as enumerated in para 8B installment by a fixed amount or by a fixed percentage for a fresh SIP with revised Top up details. at pre-definedintervals during the tenure of the SIP. below. The SIP Top-up Facility offered by the Scheme is xiii. All other terms & conditions applicable for “Third Party Payment” means payment made subject to the following terms and conditions: regular SIP Facility will also be applicable to SIP through an instrument issued from a bank account Top-up Facility. i. SIP Top-up Facility would be available to all other than that of the first named applicant/ investor existing and new SIP enrolments. Existing iv. SIP Top-up will be allowed in case of Micro mentioned in the Application Form. In case of payment investors who have enrolled for SIP are also Investments subject to the condition that instruments issued from a joint bank account, the eligible to avail Top-up facility and will be total investments including SIP Top-up by the first named applicant/ investor must be one of required to submit the request for enrolment investor does not exceed 50,000/- in a rolling 12 the joint holders of the bank account from which under this facility at least 10 calendar days prior months period or in a financial year i.e. April to the payment instrument is issued to consider the to the SIP date. March i.e. the limit on Micro Investments. payment as a non- Third Party Payment. ii. The Top up facility shall be available for 7. In case of MMEKBY, each SIP installment will be B. As referred to in para 8A above, following are the SIP Investments only through NACH Debit subject to a Lock In period of three years from the exceptional cases where third party payments will Mandate date of allotment of Units. be accepted subject to submission of requisite documentation/declarations. iii. This facility is being offered through two 8. In case any cheque submitted by the investor for modes: (i) Top-up by Amount and (ii) Top-up SIP installment or any payment instruction for SIP (i) Payment by Parents/Grand- Parents/Related by Percentage. Default Mode – Top-up by installment is dishonoured by the Bankers for the Persons* on behalf of a minor in consideration amount. reason of account of investor is closed, the AMC of natural love and affection or as gift for a would discontinue the SIP immediately. value not exceeding Rs. 50,000/- for each iv. In case of Top-up by Amount, the top-up 9. The SIP enrollment will be discontinued if: regular Purchase or per SIP installment. installment amount shall be minimum Rs 100 However, this restriction of Rs. 50,000/- and in multiples of Rs 100 thereafter, except a. 3 consecutive SIP installments in case of Monthly & Quarterly frequency are not honoured. will not be applicable for payment made in case of Mahindra Manulife ELSS Kar Bachat by a Guardian whose name is registered Yojana scheme, where top-up installment b. the Bank Account (for Standing Instruction) is in the records of Mutual Fund in that folio amount will be minimum Rs 500 and in closed and request for change in bank account (i.e. father, mother or court appointed Legal multiples of Rs 500 thereafter. (for Standing Instruction) is not submitted at least Guardian). v. In case of Top-up by Percentage, the Top-up 30 calendar days before the next SIP Auto Debit installment due date. *’Related Person’ means any person investing installment shall be a minimum 10% of active/ on behalf of a minor in consideration of natural new SIP installment amount and in multiples of 10. SIP registered for more than one date or all dates of love and affection or as a gift. 1% thereafter. The SIP installment amount will the month under the Monthly / Quarterly frequency, be rounded off to the nearest next multiple of will be considered as separate SIP instruction (ii) Payment by an Employer on behalf of Rs 10. Percentage Top-up can be done at annual for the purpose of fulfilling the “Minimum no. of employees under Systematic Investment Plans frequency only. installments” criteria. (SIP) or lump sum / one-time subscription, through Payroll deductions or deductions out vi. a. SIP Cap Amount: Investor shall have an 11. The Load structure prevailing at the time of of expense reimbursements. option to freeze the SIP installment amount submission of the SIP application (whether fresh or (including Top-ups applied at periodic extension) will apply for all the Installments indicated (iii) Custodian on behalf of an FPI or a Client. intervals) by specifying a SIP Cap amount. in such application. (iv) Payment by the AMC to an empanelled The SIP Cap amount shall be less than or 12. The SIP mandate may be discontinued by a Unit Distributor on account of commission/ incentive equal to the amount mentioned by the holder by giving a written notice of 30 calendar days etc. in the form of the Mutual Fund units of the Investor in the NACH Debit Mandate. In case to any of the Official Point(s) of Acceptance. schemes managed by the AMC through SIP or the SIP Cap amount specified by the Investor lump sum/ one-time subscription. is higher than the NACH Debit Mandate 13. The facility will be automatically terminated upon receipt of intimation of death of the Unit holder. (v) Payment by a Corporate to its Agent/ amount, then the amount mentioned in the Distributor/ Dealer (similar arrangement with NACH Debit Mandate shall be considered 14. The investors can also subscribe Units through SIP in Principal agent relationship), on account of for applying Top-ups and processing of SIP Demat (electronic) mode for the Scheme. However commission or incentive payable for sale of installments until the end of SIP tenure. the Units will be allotted based on applicable NAV of its goods/services, in the form of the Mutual b. SIP Cap Month-Year: Investor shall have an the Scheme and will be credited to investor’s Demat Fund Units through SIP or lump sum / onetime option to freeze the SIP installment amount (Beneficiary) Account on weekly basis on realization subscription. of funds, e.g. Units will be credited to investor’s (including Top-ups applied at periodic C. For investments through third party payments, intervals) from a prespecified month and Demat (Beneficiary) account every Monday (or next business day, if Monday is a non-business day) for Investors must accompany the ‘Third Party Payment year. From this prespecified month and Declaration Form’ (available at any of our ISCs or on year onwards, the SIP Top-Ups will be realization status received in last week from Monday to Friday. our website www.mahindramanulife.com) along discontinued and the last topped up SIP with the Application Form for subscription of units. installment will remain constant until the Note: This facility is not available in case of units 9. E-MAIL COMMUNICATION end of SIP tenure. offered under the Income Distribution cum Investors may note that Primary holder’s own email Note: Investor shall have a flexibility to choose Capital Withdrawal / IDCW Option(s) of less than address and mobile number should be provided for either SIP Cap Amount or SIP Cap Month-Year. In monthly frequency speed and ease of communication in a convenient and case of multiple selections, SIP Cap amount will 15. Existing investors can avail SIP facility by submitting cost-effective manner, and to help prevent fraudulent be considered as default selection. only SIP Registration cum mandate form for NACH / Auto Debit. transactions. If the AMC / RTA finds that the email address vii. Investors will be able to choose from two / mobile number provided is not of the actual investor or frequencies for SIP Top-Up: Half Yearly and 16. Investors will not hold Mahindra Manulife Mutual seems to be incorrect, the AMC / RTA may choose not to Yearly. Default Top-up frequency – Yearly. Fund / MMIMPL, it’s Registrar and other service capture / update the email address / mobile number. providers responsible, if the transaction is delayed or viii. Investors who have enrolled for SIP with Further, the email address provided by the investor will Monthly Frequency will be able to choose from not affected or the investor’s bank account is debited in advance or after the specific SIP date. be registered in our records and will be treated as their two frequencies for Top-Up: Half Yearly and consent to receive, Allotment confirmations, Consolidated Yearly. In case the investor has chosen half- 17. The first cheque should be drawn on the same Account Statement/Account Statement, annual report/ yearly frequency, the SIP amount will increase bank account which is to be registered for Debit. abridged summary and any statutory / other information after every 6 SIP monthly cycle dates by the Alternatively, the cheque may be drawn on any bank, as permitted via electronic mode /email. These documents amount indicated and in case if the investor has but provide a photocopy of the cheque of the bank / shall be sent physically in case the Unit holder opts/ chosen Yearly frequency, the SIP amount will branch for which Debit is registered. request for the same. increase after every 12 SIP monthly cycle dates 18. Mahindra Manulife Mutual Fund / MMIMPL, Should the Unit holder experience any difficulty in by the amount / percentage, as indicated. it’s Registrar and other service providers shall accessing the electronically delivered documents, the
4 Unit holder shall promptly intimate the Mutual Fund the payouts are effected by sending the Unit holders of nomination, even if the mode of holding is ‘either about the same to enable the Mutual Fund to make the a cheque / demand draft. In case of unforeseen or survivor’. delivery through alternate means. It is deemed that the circumstances, the AMC/Fund reserves the right to iii Every new nomination for a folio will overwrite the Unit holder is aware of all security risks including possible issue a cheque / demand draft. existing nomination. Nomination will be subject to third party interception of the documents and contents of Any charges levied by the investor’s bank for the provisions of the respective Scheme Information the documents becoming known to third parties. receiving payment through electronic mode / Document. The AMC/Trustee reserve the right to send any outstation cheques / demand drafts will be borne by iv Nomination shall not be allowed in a folio held on communication in physical mode. the investor. The Mutual Fund / AMC will not accept behalf of a minor Unit holder. 10. MODE OF PAYMENT OF REDEMPTION PROCEEDS - VIA any request for refund of such bank charges. v Nomination shall be mandatory for all new singly DIRECT CREDIT / RTGS / NEFT Please ensure to furnish the Bank Account details held folios of individual investors. Investors who A. Real Time Gross Settlement (RTGS)/ National under Section 7. do not wish to nominate are required to sign Electronic Funds Transfer (NEFT) C. Mode of Payment for Unit holders holding Units a declaration separately, confirming their non- The AMC provides the facility of ‘Real Time Gross in Demat form intention to nominate. In case nomination/non- Settlement (RTGS)’ and ‘National Electronic Funds intention to nominate is not provided by sole holder, Investors will receive their redemption proceeds directly the application is liable to be rejected. Transfer (NEFT)’ offered by Reserve Bank of India into their bank accounts linked to the demat accounts. (RBI), which aims to provide credit of redemption vi Nomination can be made for maximum number of 11. SMS Alerts and dividend (IDCW) proceeds (if any) directly into three nominees. In case of multiple nominees, the the bank account of the Unit holder maintained with This facility enables the Unit holder to receive SMS percentage of allocation/share in whole numbers the banks (participating in the RTGS/ NEFT System). confirmations for purchase, redemption or switch, and and without decimals in favour of each of the other alerts. nominees should be indicated against the name of NEFT is electronic fund transfer modes that operate 12. UNIT HOLDING OPTION the nominees. Such allocation/ share should total to on a deferred net settlement (DNS) basis which 100 percent. In the event of the Unit holder(s) fail to Applicants under the Scheme will have an option to hold settles transactions in batches. Contrary to this, indicate the percentage of allocation/share for each the Units either in physical form (i.e. account statement) or in in RTGS, transactions are processed continuously of the nominees, the Fund/ AMC, by invoking default dematerialized form. throughout the RTGS business hours. The minimum option shall settle the claim equally amongst all the amount to be remitted through RTGS is Rs. 2 lakhs. Investors desiring to get allotment of units in demat nominees. There is no upper ceiling for RTGS transactions. No form must have a beneficiary account with a Depository vii In case of multiple nominees, on the death of one minimum or maximum stipulation has been fixed for Participant (DP) of the Depositories i.e. National Securities or more nominee, the transmission of units shall be NEFT transactions. Depositories Limited (NSDL) / Central Depository Services made in favour of the remaining nominee(s). Unit holders can check the list of banks participating Limited (CDSL). in the RTGS / NEFT System from the RBI website i.e. If PAN is not mentioned by applicants, the application is viii Cancellation of nomination can be made only by www.rbi.org.in or contact any of our Investor Service liable to be rejected. Investors may attach a copy of the Client those Unit holder(s) who hold Units on their own Centres. However, in the event of the name of Unit Master Form/ DP statement showing active demat account behalf either singly or jointly and who made the holder’s bank not appearing in the ‘List of Banks details for verification. Names, mode of holding, PAN details, original nomination. On cancellation of nomination, the nomination shall stand rescinded and the Fund/ participating in RTGS/ NEFT updated on RBI website etc. of the Investor will be verified against the Depository AMC shall not be under any obligation to transmit www.rbi.org.in, from time to time, the instructions data. The units will be credited to the beneficiary (demat) the Units in favour of the nominee(s). of the Unit holder for remittance of redemption/ account only after successful verification with the depository dividend (IDCW) (if any) proceeds via RTGS / NEFT records and realization of payment. In case the demat details ix In case of investors opting to hold the Units in demat System will be discontinued by Fund/ AMC without mentioned in the application are incomplete/incorrect or form, the nomination details provided by the investor prior notice to the Unit holder and the payouts of do not match with the depository data, the application shall to the depository participant will be applicable. redemption/ dividend (IDCW) (if any) proceeds shall be treated as invalid for processing under demat mode and x Transmission of units in favour of Nominee(s) shall be be effected by sending the Unit holder(s) a cheque / therefore may be considered for processing in non-demat valid discharge by the AMC against the legal heirs. demand draft. form i.e. in physical mode if the application is otherwise valid. 15. PERMANENT ACCOUNT NUMBER For more details on RTGS / NEFT or for frequently For units held in demat mode, details such as address for asked questions (FAQs) on RTGS / NEFT, Unit holders correspondence, pay-out bank details, nomination etc. will SEBI has made it mandatory for all applicants (in the case are advised to visit the RBI website www.rbi.org.in/ be applicable as available in the depositories’ records. For of application in joint names, each of the applicants) Fund website www.mahindramanulife.com. effecting any subsequent changes to such information, to mention the permanent account number (PAN) irrespective of the amount of investment (except as B. Payment to NRI Investors: Investors should approach their DP. Holding/ transacting of units held in demat form shall be in accordance with the given below). Where the applicant is a minor, and does Payment to NRI / FPI Unit holders will be subject procedures/ requirements laid down by the Depositories, not possess his / her own PAN, he / she shall quote the to the relevant laws / guidelines of the RBI as viz. NSDL/ CDSL in accordance with the provisions under the PAN of his/her natural parent/legal guardian, as the case are applicable from time to time (also subject to Depositories Act, 1996 and the Regulations thereunder. may be. However, PAN is not mandatory in the case of deduction of tax at source as applicable). 13. SIGNATURE(S) Central Government, State Government entities and the In the case of NRIs: officials appointed by the courts e.g. Official liquidator, Signature(s) should be in English or in any Indian Language. i. Credited to the NRI investor’s NRO account, Court receiver etc (under the category of Government) where the payment for the purchase of the In case of an application through constituted Attorney, the for transacting in the securities market. Also, investors Units redeemed was made out of funds held in Power of Attorney should be signed by the investor and residing in the state of Sikkim are exempt from the NRO account; or the constituted Attorney. The Application Form should mandatory requirement of PAN, subject to the AMC be signed in such cases by such constituted Attorney. ii. Remitted abroad or at the NRI investor’s option, verifying the veracity of the claim of the investors that credited to his NRE / FCNR / NRO account, where 14. NOMINATION they are residents of Sikkim, by collecting sufficient the Units were purchased on repatriation basis Investors should opt for the nomination facility to avoid documentary evidence. PAN card copy is not required and the payment for the purchase of Units hassles and inconveniences in case of unforeseen events separately if KYC acknowledgement letter is made redeemed was made by inward remittance in future. Through this facility the AMC is not in any way available. The Fund reserves the right to ascertain through normal banking channels or out of attempting to grant any rights other than those granted by the status of such entities with adequate supporting funds held in NRE / FCNR account. law to the nominee(s). A nomination in respect of the Units documents. Applications not complying with the above In the case of FPIs, the designated branch of the does not create an interest in the property after the death requirement may not be accepted/processed. authorized dealer may allow remittance of net sale / of the Unit holder. The nominee(s) shall receive the Units For further details, please refer Section maturity proceeds (after payment of taxes) or credit only as an agent and trustee for the legal heirs or legatees ‘Permanent Account Number’ under Statement of the deceased Unitholder as the case may be. the amount to the Foreign Currency account or Non- of Additional Information available on our website resident Rupee account of the FPI maintained in Minor(s) can be nominated and in such cases, the name, www.mahindramanulife.com accordance with the approval granted to it by the RBI. address and signature of the parent/ legal guardian PAN Exempt Investments The Fund will not be liable for any delays or for any representing such minor nominee(s) shall be provided by loss on account of any exchange fluctuations, while the Unit holder. However, the primary holder or the joint SEBI vide its circular dated July 24, 2012 has clarified converting the rupee amount in foreign exchange holder(s), if any, cannot act as guardian to the minor being that investments in mutual funds schemes (including in the case of transactions with NRIs / FPIs. The nominated. investments in SIPs) of upto Rs. 50,000 per investor Fund may make other arrangements for effecting Only the following categories of Indian Residents can be per year per mutual Fund shall be exempt from the payment of redemption proceeds in future. nominated: (a) individuals (b) minors through parent/ requirement of PAN. Accordingly, individuals (including legal guardian (c) religious and charitable trusts and Joint Holders who are individuals, NRIs but not Unitholders are advised to opt for the NEFT / RTGS, PIOs, Minors) and Sole proprietary firms who do not as it helps in avoiding loss of redemption warrant (d) Central Government, State Government, a local authority possess a PAN (“Eligible Investors”)* are exempt from in transit or fraudulent encashment. Please update or any person designated by virtue of his office. submission of PAN for investments upto Rs.50,000/ - in your IFSC and MICR Code in order to get payouts via The Nominee shall not be a trust other than a religious or a rolling 12 month period or in a financial year i.e. April electronic mode in to your bank account. charitable trust, society, body corporate, partnership firm, Karta of Hindu Undivided Family or a Power of Attorney to March. However, Eligible Investors are required to The AMC / Fund shall not be held liable for any losses/ holder. undergo Know Your Customer (KYC) procedure with claims, etc. arising on account of processing the any of the SEBI registered KYC Registration Authorities A non-resident Indian can be a Nominee subject to the direct credit or credit via RTGS/ NEFT of redemption (KRA). Eligible Investors must quote PAN Exempt KYC exchange controls in force from time to time. proceeds on the basis of Bank Account details as Reference Number (PEKRN) issued by the KRA under the provided by the Unit holder in the Application Form. The terms and conditions for registration of nominee(s) KYC acknowledgement letter in the Application Form and However, if the Unit holders are not keen on availing are as under- submit a copy thereof along with the Application Form. of any of the said facilities and prefer receiving i Nomination by a Unit holder shall be applicable for all In case the applicant is a minor, PAN /PEKRN details of cheques/ demand drafts, Unit holders shall intimate the investments in all schemes held in a particular folio. the Guardian shall be submitted, as applicable. Eligible the AMC/Registrar in writing indicating their ii In case a folio has joint holders, all joint holders Investors (i.e. the First Holder) must not possess a PAN at preference. The AMC/Fund would then ensure that should sign the request for nomination/ cancellation the time of submission of Application Form.
5 Eligible investors must hold only one PEKRN issued by any money laundering, the Fund / AMC reserves the right to CKYCR system and update their records. Further, if the one of the KRAs. If an application for investment together seek information, record investor’s telephonic calls and PAN has not been updated in CKYCR system, the AMC within investments made in a rolling 12 month period or or obtain and retain documentation for establishing the will ask the investor to provide a self certified copy of the in a financial year exceeds Rs.50,000/-, such an application identity of the Investor(s), their beneficial ownership, proof investor’s PAN card and update/upload the same in CKYC will be rejected. of residence, source of funds, etc. It may re-verify identity system. In the absence of PAN, the investor’s subscription Fresh / Additional Purchase and Systematic Investment and obtain any incomplete or additional information for is liable for rejection or the limit of investment may be Plans will be covered in the limit of Rs.50,000/-. Investors this purpose. restricted upto Rs 50,000 in a rolling period of 12 months may switch their investments to other Schemes. However, if The Fund, AMC, MMTPL and their Directors, employees as decided by AMFI/SEBI or at the discretion of the AMC in the amount per switch transaction is Rs.50,000/- or more, in and agents shall not be liable in any manner for any due course of time. accordance with the extant Income Tax rules, investors will claims arising whatsoever on account of freezing the be required to furnish a copy of PAN to the Fund. Any new investor wishing to invest in the scheme(s) of folios/rejection of any application / allotment of Units Mahindra Manulife Mutual Fund is requested to use the The detailed procedures / requirements for accepting or mandatory redemption of Units due to non compliance applications shall be as specified by the AMC / Trustee “CKYC & KRA KYC Form” to complete the KYC formalities with the provisions of PMLA, SEBI/AMFI circular(s) and KYC and submit the same at any of our investor service centres. from time to time and their decision in this behalf will be policy and / or where the AMC believes that transaction is final and binding. The “CKYC and KRA KYC Application Form” is available on suspicious in nature within the purview of the PMLA and our website www.mahindramanulife.com. *HUFs and other categories are not eligible for such SEBI/AMFI circular(s) and reporting the same to FIU-IND. investments. Post completion of the KYC formalities using the above 17. KNOW YOUR CUSTOMER (KYC) COMPLIANCE 16. PREVENTION OF MONEY LAUNDERING referred KYC form, the investor will be allotted a unique Units held in account statement (Non-Demat) form 14 digit KIN by CKYCR, which can be used by the investor SEBI vide its circular reference number ISD/CIR/ RR/ at the time of making any future investments. However, AML/1/06 dated January 18, 2006 and other circulars It is mandatory for each of the Investors (guardian in issued from time to time, mandated that all intermediaries case of minor) to (i) attach proof of KYC Compliance viz. the Mutual Fund reserves the right to carry out additional including mutual funds should formulate and implement KYC Acknowledgement Letter* (*for those investors KYC / ask any additional information/documents from the a proper policy framework as per the guidelines on anti who have completed KYC formalities through SEBI investor to meet the requirements of its KYC Policy. money laundering measures and also to adopt a Know registered KYC registration authorities); OR (ii) provide Units held in electronic (demat) form Your Customer (KYC) policy. KYC Identification Number (KIN) issued by the Central KYC For units held in demat form, the KYC performed by The Investor(s) should ensure that the amount invested Registry (CKYCR), for all purchases/ switches/ registrations for Systematic Investment Plan (SIP)/ Systematic Transfer the Depository Participant of the applicants will be in the Scheme is through legitimate sources only and considered as KYC verification done by the Trustee / does not involve and is not designated for the purpose Plan (STP)/Flex STP/ Transfer of Income Distribution cum Capital Withdrawal / IDCW Transfer. Applicants AMC. In the event of non compliance of KYC requirements, of any contravention or evasion of the provisions of the the Trustee/AMC reserves the right to freeze the folio of Income Tax Act, Prevention of Money Laundering Act intending to apply for units through a Power of Attorney the investor(s) and effect mandatory redemption of unit (PMLA), Prevention of Corruption Act and/ or any other (PoA) must ensure that the issuer of the PoA and the holdings of the investors at the applicable NAV, subject to applicable law in force and also any laws enacted by the holder of the PoA must attach proof of KYC Compliance / Government of India from to time or any rules, regulations, provide KIN at the time of investment. payment of exit load, if any. For further details, please refer Section ‘Know Your Customer (KYC) Compliance’ under. notifications or directions issued thereunder. As and when any investor wishes to invest on the basis To ensure appropriate identification of the Investor(s) and of KIN, the AMC or its Registrar will use the KIN provided Statement of Additional Information available on our with a view to monitor transactions for the prevention of by the investor for downloading KYC information from website www.mahindramanulife.com.
18. ULTIMATE BENEFICIAL OWNER(S) (UBO(S)) Pursuant to SEBI master circular vide ref. No.CIR/ISD/ PAN with photograph or any other acceptable proof of identity on a stock exchange or is a majority owned subsidiary of such AML/3/2010 dated December 31, 2010 on Anti Money prescribed in common KYC form) of UBO(s). Non-individual a Company. In case of any change in the beneficial ownership, Laundering Standards and Guidelines on identification of applicants/investors are mandated to provide the details on the investor should immediately intimate AMC / its Registrar / Beneficial Ownership issued by SEBI vide its circular ref. UBO(s)’ by filling up the declaration form for ‘Ultimate Beneficial KRA, as may be applicable, about such changes. Please contact No.CIR/MIRSD/2/2013 dated January 24, 2013, investors (other Ownership’. Providing information about beneficial ownership the nearest Investor Service Centre (ISC) of Mahindra Manulife than Individuals) are required to provide details of Ultimate will be applicable to the subscriptions received from all Mutual Fund or log on to our website www.mahindramanulife. Beneficial Owner(s) (“UBO(s)”) and submit proof of identity (viz. categories of investors except Individuals and a Company listed com for the Declaration Form.
19. Additional FATCA & CRS Terms & Conditions (Note: The Guidance Note/notification issued by the CBDT shall prevail in respect to interpretation of the terms specified in the form) Details under FATCA& CRS: The Central Board of Direct Taxes has notified Rules 114F to 114H, as part of the Income- tax Rules, 1962, which Rules require Indian financial institutions such as the Bank to seek additional personal, tax and beneficial owner information and certain certifications and documentation from all our unit holders. In relevant cases, information will have to be reported to tax authorities / appointed agencies. Should there be any change in any information provided by you, please ensure you advise us promptly, i.e.,within 30 days. Please note that you may receive more than one request for information if you have multiple relationships with MMIMPL or its group entities. Therefore, it is important that you respond to our request, even if you believe you have already supplied any previously requested information. FATCA & CRS Instructions If you have any questions about your tax residency, please contact your tax advisor. If you are a US citizen or resident or greencard holder, please include United States in the foreign country information field along with your US Tax Identification Number. It is mandatory to supply a TIN or functional equivalent if the country in which you are tax resident issues such identifiers. If no TIN is yet available or has not yet been issued, please provide an explanation and attach this to the form. In case customer has the following Indicia pertaining to a foreign country and yet declares self to be non-tax resident in the respective country, customer to provide relevant Curing Documents asmentioned below: FATCA & CRS Indicia observed (ticked) Documentation required for Cure of FATCA/ CRS indicia U.S. place of birth 1. Self-certification that the account holder is neither a citizen of United States of America nor its resident for tax purposes; 2. Non-US passport or any non-US government issued document evidencing nationality or citizenship (refer list below); AND 3. Any one of the following documents: (1) Certified Copy of “Certificate of Loss of Nationality” OR (2) Reasonable explanation of why the customer does not have such a certificate despite renouncing US citizenship; OR (3) Reason the customer did not obtain U.S. citizenship at birth Residence/mailing address in a country (1) Self-certification that the account holder is neither a citizen of United States of America nor a tax resident of any other than India country other than India; AND (2) Documentary evidence (refer list below) Telephone number in a country other If no Indian telephone number is provided than India (1) Self-certification that the account holder is neither a citizen of United States of America nor a tax resident of any country other than India; AND (2) Documentary evidence (refer list below) If Indian telephone number is provided along with a foreign country telephone number (1) Self-certification that the account holder is neither a citizen of United States of America nor a tax resident for tax purposes of any country other than India; OR (2) Documentary evidence (refer list below) List of acceptable documentary evidence needed to establish the residence(s) for tax purposes: (a) Certificate of residence issued by an authorized government body*, (b) Valid identification issued by an authorized government body* (e.g. Passport, National Identity card, etc.) * Government or agency thereof or a municipality of the country or territory in which the payee claims to be a resident.
6 LIST OF BRANCH OFFICES OF MAHINDRA MANULIFE INVESTMENT MANAGEMENT PRIVATE LIMITED M G Complex, Bhawna Marg, Beside Over Bridge, Sirsa - 125055. 29, Avtar Colony, Behind Vishal Mega Mart, Karnal – 132001. For updated list of AMC branch offices, please visit www.mahindramanulife.com SCO-12, 1st Floor, Pawan Plaza, Atlas Road, Subhas Chowk, Sonepat-131001. Himachal Pradesh: I Floor, Opp. Panchayat Bhawan Main gate, Bus stand, Shimla - 171001. 1st Floor, Above Sharma General Store, Near Sanki Rest house, The Mall, Solan LIST OF OFFICIAL POINTS OF CONTACTS / ACCEPTANCE OF TRANSACTIONS - 173212. Collage Road, Kangra, Dis Kangra-176001. No.328/12, Ram Nagar, 1st Floor, Above Ram Traders, Mandi-175001. OFFICES OF MAHINDRA MANULIFE INVESTMENT MANAGEMENT PRIVATE LIMITED Jammu & Kashmir: JRDS Heights, Lane Opp. S&S Computers, Near RBI Building, Sector 14, Nanak Nagar Jammu - 180004. Mumbai-HO 1st Floor Sadhana House, Behind Mahindra Towers 570 PB Marg, Worli, Mumbai- 400 018. Guru Nanak Institute NH-1A,Udhampur – 182101.Jharkhand: Mazzanine Floor, F-4, City Centre, Sector 4, Bokaro Steel City, Mumbai – Borivali Shop No 17, Star Trade Center,Opposite Chamunda Cirle,Sodawala Lane, Borivali – West, Bokaro - 827004. Urmila Towers, Room No: 111 (1st Floor) Bank More, Dhanbad - 826001. Millennium Tower, “R” RoadRoom Mumbai – 400092 No:15 First Floor, Bistupur, Jamshedpur - 831001. 4, HB RoadNo: 206, 2nd Floor Shri Lok Complex, H B Road, Near Firayalal, Ranchi - 834001. S S M Jalan Road, Ground floor, Opp. Hotel Ashoke, Caster Town, Deoghar - 814112. Municipal Market, Mumbai - Ghatkopar ZBS 2 FLR 201, Mahatma Gandhi Road, Near Doshi Nursing Home, Ghatkopar East, Annanda Chowk, Hazaribag - 825301. Karnataka: Trade Centre, 1st Floor45, Dikensen Road (Next to Manipal Centre), Mumbai, Maharashtra 400077 Bengaluru - 560042. No. G 4 & G 5, Inland Monarch, Opp. Karnataka Bank, Kadri Main Road, Kadri, Mangalore - 575003. Classic Mumbai - Fort 103, Veena Chambers, 21, Dalal Street, Opp. BSE Building, Fort, Mumbai- 400001 Complex, Block no 104, 1st Floor, Saraf Colony, Khanapur Road, Tilakwadi, Belgaum - 590 006. 13, Ist Floor, Akkamahadevi New Delhi B-104, 1st Floor, Statesman House, Barakhamba Road, Connaught Place, New Delhi – 110001. Samaj Complex, Church Road, P.J.Extension, Davangere - 577002. No.204 - 205, 1st Floor’ B ‘ Block, Kundagol Complex, Opp. Pune Office No. 1, 2nd Floor, Kotwal Complex, Above Panchavati Gaurav Hotel, Bhandarkar Road, Court, Club Road, Hubli - 580029. No.1, 1st Floor, CH.26 7th Main, 5th Cross (Above Trishakthi Medicals), Saraswati Puram, Pune – 411004. Mysore - 570009. 18/47/A, Govind Nilaya, Ward No 20, Sangankal Moka Road, Gandhinagar, Bellary - 583102. No.65, 1st Floor, Kishnappa Compound, 1st Cross, Hosmane Extn, Shimoga - 577201. Pal Complex, Ist Floor, Opp. City Bus Stop, SuperMarket, Lucknow Shop no.4, Ground Floor, Raja ram Kumar Plaza, Hazaratganj, Lucknow - 226001. Gulbarga - 585101. Shop No A2, Basement Floor, Academy Tower, Opp. Corporation Bank, Manipal – 576104. First Floor,17/1, Ahmedabad 308, 3rd Floor ABC-II, St. Xavier’s College Corner, Off C. G. Road, Navrangpura, (272) 12th Cross Road, Wilson Garden, Bengaluru-560027. Shop No.02 1st Floor, Shreyas Complex, near Old Bus Stand Bagalkot Ahmedabad-380 009 – 587101. Padmasagar Complex, 1st floor, 2nd Gate, Ameer Talkies Road, Vijayapura (Bijapur) – 586101. ‘PANKAJA’ 2nd Floor, Vadodara GF-2B, Soham Flats, 49 Friends co-op Society,Opp HDFC Bank, Alkapuri, Vadodara- 390007 Near Hotel Palika, Race Course Road, Hassan-573201 Kerala: Building Name: - Modayil Doorx`No. :- 39/2638 DJ, 2nd Floor, 2A, Kolkata 403 Kankaria Centre, 2/1 Russel Street, Kolkata 700 071 M. G. Road, Cochin – 682 016, Door No.42/227-B, Chittoor Road, Opp. North Town Police Station, Kacheripadym, Cochin - Chennai Suite 1B, 1st Floor, Riaz Garden, No.29 Kodambakkam High Road, (Near Hotel Palm Grove) 682018. 29/97G 2nd Floor, S A Arcade, Mavoor Road, Arayidathupalam, Calicut - 673016. 1307 B, Puthenparambil Building Nungambakkam, Chennai 600 034 KSACS Road, Opp. ESIC office Behind Malayala Manorama Muttambalam P O, Kottayam 686501. Room No. 26 & 27, Dee Pee Plaza, Kokkalai, Trichur - 680001. R S Complex, Opp of LIC Building, Pattom PO, Trivandrum - 695004. Uthram Chambers Bangalore S-822, 8th Floor, South Block, Manipal Center, 47, Dickenson Road, Bangalore-560042. (Ground Floor) Thamarakulam, Kollam - 691 006. Room No.PP.14/435, Casa Marina Shopping Centre, Talap, Kannur - 670004. Patna 609, 6th Floor, Hari Niwas Complex, Dakbunglow Crossing, Patna- 800 001. 10/688, Sreedevi Residency, Mettupalayam Street, Palakkad - 678001. 1st Floor, Room No - 61(63) International Shopping Ernakulam New Door No: 66/4588, 3rd Floor, MG Square, Padma Jn, MG Road. Ernakulam – 682035 Mall, Opp. St. Thomas Evangelical Church, Above Thomson Bakery, Manjady, Thiruvalla – 689105. Doctor’s Tower Building, Door Indore 215/215-A, 2nd Floor, D M Tower, Near Janjeerwala Sqaure, 21/2, No. 14/2562, 1st floor, North of Iorn Bridge, Near Hotel Arcadia Regency, Alleppey - 688001. KMC XXv/88, I, 2nd Floor, Stylo Race Course Road,New Palasia, Indore – 452 001 Complex, Above Canara Bank, Bank Road, Kasaragod-671121. Kadakkadan Complex, Opp central school,Malappuram-676505. 2nd Floor, AFFAS Building, Kalpetta, Wayanad-673121.Madhya Pradesh: 101, Shalimar Corporate Centre8-B, South Tukogunj, Surat HG-17, International Trade Center, Majura Gate, Surat – 395002 Opp.Greenpark, Indore - 452001. Plot no 10, 2nd Floor, Alankar Complex, Near ICICI Bank, MP Nagar, Zone II, Bhopal - 462011. Jaipur 304, 3rd Floor, V- Jai City Point Building , Ahinsa Circle, Ashok Marg C- Scheme, Jaipur – 302001 G-6 Global Apartment, Kailash Vihar Colony, Opp. Income Tax Office, City Centre, Gwalior - 474002. 8, Ground Floor, Datt Towers, Guwahati 5E, Dihang Arcade, 5th Floor, Tarun Nagar, Near ABC Bus Stop, G. S. Road, Guwahati – 781005 Behind Commercial Automobiles, Napier Town, Jabalpur - 482001.2nd Floor, Parasia Road, Near Surya Lodge, Sood Complex, Kanpur Office No. 411, 4th Floor, Kan Chambers Civil Lines, Kanpur-208001 Above Nagpur CT Scan, Chhindwara – 480001. 1st Floor, Gurunanak Dharmakanta, Jabalpur Road, Bargawan, Katni - 483501. Dafria & Co, No.18, Ram Bagh, Near Scholar’s School, Ratlam - 457001. Opp. Somani Automobile, S Bhagwanganj Sagar - OFFICES OF COMPUTER AGE MANAGEMENT SERVICES LIMITED 470002. 123, 1st Floor, Siddhi Vinanyaka Trade Centre, Saheed Park, Ujjain - 456010. 11 Ram Nagar - 01st Floor, A. B. Road, Near Andhra Pradesh: 40-1-68, Rao & Ratnam Complex, Near Chennupati Petrol Pump, M.G Road, Labbipet, Vijayawada - Indian- Allahabad Bank, Dewas – 455001. 1st Floor, Shri Ram Market, Beside Hotel Pankaj, Satna-485001Maharashtra: 520010. Door No 48-3-2, Flat No 2, 1st Floor, Sidhi Plaza, Near Visakha Library, Srinagar, Visakhapatnam - 530016. D No 31-13- Rajabahdur Compound, Ground Floor, Opp Allahabad Bank, Behind ICICI Bank, 30, Mumbai Samachar Marg, Fort, Mumbai - 1158, 1st Floor, 13/1 Arundelpet, Ward No. 6, Guntur - 522002. 97/56, I Floor, Immadisetty Towers, Ranganayakulapet Road, 400023. Hirji Heritage, 4th Floor, Office no 402, Landmark: Above Tribhuwandas Bhimji Zaveri (TBZ) L.T. Road, Borivali – West, Santhapet, Nellore - 524001. Door No: 6-2-12, 1st Floor, Rajeswari Nilayam, Near Vamsikrishna Hospital, Nyapathi Vari Street, T Mumbai - 400 092. 145, Lendra, New Ramdaspeth, Nagpur - 440010. Vartak Pride, 1st floor, Survay No 46, City Survay No 1477, Nagar, Rajahmundry - 533101. Shop No: 6, Door No: 19-10-8, (Opp to Passport Office), AIR Bypass Road, Tirupati - 517501. Hingne Budruk, D. P Road, Behind Dinanath Mangeshkar Hospital, Karvenagar, Pune - 411 052. 81, Gulsham Tower, 2nd Floor Bandi Subbaramaiah Complex, D. No:3/1718, Shop No: 8, Raja Reddy Street, Kadapa - 516001. 15-570-33, I Floor Pallavi 81, Gulsham Tower, 2nd Floor 81, Near Panchsheel Talkies, Amaravati - 444601. 2nd Floor, Block No. D-21-D-22, Motiwala Trade Towers, Subash Road, Opp Canara Bank, Anantapur - 515001. H.No. Shop Nos. 26 and 27, Door No. 39/265A and 39/265B, Center, Nirala Bazar, New Samarth Nagar, Opp. HDFC Bank, Aurangabad – 431001. Rustomji Infotech Services, 70, Navipeth, Second Floor, Skanda Shopping Mall, Old Chad Talkies, Vaddageri, 39th Ward, Kurnool – 518 001. No.33-1, 44 Sri Sathya Opp. Old Bus Stand, Jalgaon - 425001. 2 B, 3rd Floor, Ayodhya Towers, Station Road, Kolhapur - 416001.1st Floor, “Shraddha Complex, Main Road, Kakinada - 533001. Door No 4—4-96, 1st Floor, Vijaya Ganapathi Temple Back Side, Nanubala Street, Niketan“, TilakWadi, Opp. Hotel City Pride,Sharanpur Road, Nasik - 422 002. Flat No 109, 1st FloorA Wing, Kalyani Tower, 126 Srikakulam - 532001. No.22b-3-9, Karl Marx Street, Powerpet, Eluru – 534002. Shop No 1128, First floor, 3rd Line,Sri Bapuji Siddheshwar Peth, Near Pangal High School, Solapur - 413001. 117 / A / 3 / 22, Shukrawar Peth, Sargam Apartment, Satara - Market Complex,Ongole – 523001. Bhanu Murali & Co, Portion 3,1st Floor, #3-16, Behind NRI Hospital, Srinivasa Nagar, NCS 415002. Opp. RLT Science College, Civil Lines, Akola - 444001. Dev Corpora, 1st floor, Offce no. 102, Cadbury Junction, Eastern Road,Vijaynagaram-535003 Assam: Piyali Phukan Road, K. C. Path, House No – 1, Rehabari, Guwahati - 781008. Bhowal Express way, Thane (West) – 400 601.351, Icon, 501, 5th floor, Western Express Highway, Andheri East, Mumbai - 400069. Complex Ground Floor, Near Dena Bank, Rongagora Road, Tinsukia - 786125. G.N.B.Road, Bye Lane, Prakash Cinema, Po & Dist. Jiveshwar Krupa Bldg, Shop. NO.2, Ground Floor, Tilak Chowk, Harbhat Road, Sangli - 416416. Shop No 6, Ground Floor, Anand Bongaigaon -783380. Amba Complex, Ground Floor, H S Road, Dibrugarh-786001. Jail Road, Dholasatra, Near jonaki shanga Plaza Complex, Bharat Nagar, Shivaji Putla Road, Jalna - 431203. 3, Adelade Apartment, Christain Mohala, Behind Gulshan-E- vidyalaya post office, Dholasatra, Jorhat-785001. Utaplendu Chakraborthy, Amulapathy, V.B.Road, House No.315, Nagaon Iran Hotel, Amardeep Talkies Road, Bhusawal - 425201.Office no 3, 1st Floor, Shree Parvati, Plot no 1/175, Opp. Mauli -782003. House No. 18B, 1st Floor, C/o. Lt. Satyabrata Purkayastha, Opposite to Shiv Mandir, Ambicapatty, Silchar -788004. Sabhagruh, Zopadi Canteen, Savedi, Ahmednagar - 414 003. House No 3140, Opp Liberty Furniture, Jamnalal Bajaj Road, Near Kanak Tower -1st Floor Opp. IDBI Bank/ ICICI Bank C.K. Das Road, Tezpur Sonitpur - 784001 Bihar: G-3, Ground Floor, OM Tower Garden, Dhule - 424001. Orchid Tower, Gr’Floor, Gala No 06, S.V.No.301/Paiki 1/2, Nachane Munciple Aat, Arogya Mandir, Complex Near Saket Tower, SP Verma Road, Patna - 800001. Brahman Toli, DurgasthanGola Road, Muzaffarpur - 842001. Nachane Link Road, At, Post, Tal. Ratnagiri, Dist. Ratnagiri - 415612. Pushpam, Tilakwadi, Opp. Dr. Shrotri Hospital, Yavatmal - Ground Floor, Gurudwara Road,Near Old Vijaya Bank, Bhagalpur -812001. Ground Floor, Belbhadrapur, Near Sahara Office, 445001.BSEL Tech Park, B-505, Plot no 39/5 & 39/5A, Sector 30A, Opp. Vashi Railway Station, Vashi, Navi Mumbai – 400705. Laheriasarai Tower Chowk, Laheriasarai, Darbhanga - 846001. Old NCC Office, Ground Floor, Club Road, Arrah-802301. R-C Platinum Mall, Office No.307, 3rd floor, Jawahar Road, Ghatkopar East, February 22, 2018 Mumbai 400 077. Opp Mustafa décor, Palace, Amber Station Road, Opp Mamta Complex, Biharsharif – 803101. North Bisar Tank,Upper Ground Floor,Near-I.M.A. Behind Bangalore Bakery, Kasturba Road, Chandrapur – 442402. Shop No.8,9 Cellar “Raj Mohammed Complex” Main Road Shri Hall,Gaya-823001.Chattisgarh: First Floor, Plot No. 3, Block No. 1, Priyadarshini Parisar West, Behind IDBI Bank Nehru Nagar, Nagar,Nanded-431605. Opp. Raman Cycle Industries, Krishna Nagar, Wardha - 442001 Meghalaya: 3rd Floor RPG Complex, Bhilai - 490020. HIG, C-23 Sector - 1, Devendra Nagar, Raipur - 492004. Shop No. B - 104, First Floor, Narayan Plaza, Link Road, Keating Road, Shillong - 793001 Nagaland: MM Apartment, House No.436(Ground Floor), Dr. Hokeshe Sema Road, Near Bilaspur - 495001 Goa:Office no 103, 1st Floor, Unitech City Centre, M.G. Road, Panaji - 403 001. F4- Classic Heritage, near Axis Bharat Petroleum, Opp. T.K.Complex, Dimapur -797112.New Delhi: 7-E, 4th Floor, Deen Dayaal Research Institute Building, Bank, Opp. BPS Club, Pajifond Margao - 403601. Office no. CF-8, 1st Floor, Business Point, Above Bicholim Urban Co-op Bank, Swami Ram Tirath Nagar, Near Videocon Tower, Jhandewalan Extension, New Delhi - 110055. Flat no.512, Narian Manzil, 23 Angod, Mapusa - 403507. No DU 8, Upper Ground Floor, Behind Techoclean Clinic, Suvidha Complex Near ICICI Bank, Vasco - Barakhamba Road, Connaught Place, NewDelhi - 110001.Aggarwal Cyber Plaza-II, Commercial Unit No 371,3rd floor, Plot No 403802. Gujarat: 111- 113, 1st Floor - Devpath Building, Off C G Road, Behind Lal Bungalow, Ellis Bridge, Ahmedabad - C-7, Netaji Subhash Place, Pitampura – New Delhi 110034.306, 3rd Floor, DDA -2 Building District Centre, Janakpuri, New Delhi 380006. Shop No-G-5, International Commerce Center, Nr. Kadiwala School, Majura Gate, Ring Road, Surat – 395002. 103 Aries -110058 Orissa: Plot No -111, Varaha Complex Building, 3rd Floor, Station Square, Kharvel Nagar, Unit 3, Bhubaneswar - Complex, BPC Road, Off R.C.Dutt Road, Alkapuri, Vadodara - 390007. 101, A.P. Tower, B/H, Sardhar Gunj, Next to Nathwani 751001. Ground Floor, Kalika Temple Street,Beside SBI Bazar Branch, Berhampur- 760 002. Near Indian Overseas Bank, Chambers, Anand - 388001. 305-306, Sterling Point, Waghawadi Road, Opp HDFC BANK, Bhavnagar - 364002. 207, Manek Cantonment Road, Mata Math, Cuttack - 753001. J B S Market Complex, 2nd Floor, Udit Nagar, Rourkela -769012. C/o Raj Centre, P N Marg, Jamnagar - 361001. Office 207 - 210, Everest Building, Harihar Chowk, Opp Shastri Maidan, Limda Chowk, Tibrewal & Associates, Opp. Town High School, Sansarak Sambalpur - 768001. B C Sen Road, Balasore - 756001. Similipada, Rajkot - 360001. 3rd floor, Gita Nivas, Opp Head Post Office, Halar Cross Lane, Valsad - 396001. 214-215,2nd floor, Shivani Park, Near Sidhi Binayak +2 Science Collage, Angul-759122.Pondicherry: S-8, 100, Jawaharlal Nehru Street (New Complex, Opp. Opp. Shankheswar Complex, Kaliawadi, Navsari –396445. Office No. 4-5, First Floor RTO, Relocation Commercial Complex –B Indian Coffee House), Pondicherry - 605001. Punjab: Deepak Tower, SCO 154-155, 1st Floor-Sector 17, Chandigarh - 160017. Opp. Fire Station, Near RTO Circle, Bhuj -370001. “Aastha Plus”, 202-A, 2nd Floor, Sardarbag Road, Near. Alkapuri, Opp. Zansi U/GF, Prince Market, Green Field, Near Traffic Lights, Sarabha Nagar Pulli, Pakhowal Road, Ludhiana - 141002. 3rd Floor Bearing Rani Statue, Junagadh - 362001. Shop No - F -56, First Floor, Omkar Complex, Opp Old Colony, Near Valia Char Rasta, GIDC, Unit no- 313,Mukut House,Amritsar – 143001. 144, Vijay Nagar, Near Capital Small Finance Bank, Football Chowk Jalandhar Ankleshwar -393002. 1st Floor, Subhadra Complex, Urban Bank Road, Mehsana - 384002. 208, 2nd Floor, HEENA ARCADE, Opp. City – 144001.35 New Lal Bagh, Opposite Polo Ground, Patiala: 147001. 2907 GH, GT Road, Near Zila Parishad, Bhatinda - Tirupati Tower, Near G.I.D.C. Char Rasta, Vapi - 396195. F-108, A-111, First Floor, R K Casta, Behind Patel Super Market, Station 151001. Near Archies Gallery, Shimla Pahari Chowk, Hoshiarpur - 146001. 9 NO. New town, Opp. Jaswal Hotel,Daman Building, Road, Bharuch -392001. F-142, First Floor, Ghantakarna Complex, Gunj Bazar, Nadiad - 387001. A/177, Kailash Complex, Opp. Moga-142001 . Opp Bank of Bikaner and Jaipur, Harchand Mill Road, Motia Khan,Mandi Gobindgarh -147301. 13 - A, Ist Floor, Khedut Decor Gondal - 360311. Shyam Sadan, First Floor, Plot No 120, Sector 1/A, Gandhidham – 370201. D-78, First Floor, Gurjeet Market, Dhangu Road, Pathankot – 145001. Shop No.2, Model Town, Near Joshi Driving School, Phagwara-144401. New Durga Bazar, Near Railway Crossing, Himmatnagar - 383001. Gopal Trade Center,Shop No. 13-14, 3rd Floor, Nr. BK Rajasthan: R-7, Yudhisthir Marg, C-Scheme, Behind Ashok Nagar Police Station, Jaipur - 302001. AMC No. 423/30 Near Church, Mercantile Bank,Opp. Old Gunj, Palanpur - 385001. 2 M I Park, Near Commerce College, Wadhwan City, Surendranagar - Opp T B Hospital, Jaipur Road, Ajmer - 305001. 256A, Scheme No:1, Arya Nagar, Alwar - 301001. C/o Kodwani Associtates, Shop 363035. B 1,1St Floor, Mira Arcade, Library Road, Opp SBS Bank,Amreli-365601. F-10, First Wings, Desai Market, Gandhi No 211-213, 2nd floor, Indra Prasth Tower, Syam Ki Sabji Mandi, Near Mukerjee Garden Bhilwara - 311001. 1/5, Nirmal Tower, Road,Bardoli-394601. No.507, 5Th Floor, Shree Ugati Corporate Park, Opp Pratik Mall, Nr Hdfc Bank, Kudasan, 1st Chopasani Road, Jodhpur - 342003. B-33 ‘Kalyan Bhawan, Triangle Part, Vallabh Nagar, Kota - 324007. 32, Ahinsapuri, Gandhinagar-382421. 1st Floor, Prem Praksh TowerB/H B.N. Chambers, Ankleshwar, Mahadev Road, Godhra – 389001. Fatehpura circle, Udaipur- 313001. Behind Rajasthan Patrika, in front of Vijaya Bank, 1404, Amar Singh Pura, Bikaner - 334001. Haryana: B-49, 1st Floor, Nehru Ground, Behind Anupam Sweet House NIT, Faridabad - 121001. SCO - 16, Sector - 14, First 3, Ashok Nagar, Near Heera Vatika, Chittorgarh - 312001. 1st Floor, Opposite Yash Tower Parking, Pawan Travels Street, Front of floor, Gurgaon - 122001. SCO 83-84, First Floor, Devi Lal Shopping Complex, Opp RBL Bank, G.T.Road , Panipat - 132103. SCO 06, City Center Mall, Station Road, Sikar-332001. Sikkim: Hotel Haritage Sikkim,Ground Floor, Diesel Power House Road Ground Floor, MR Complex, Near Sonipat Stand Delhi Road, Rohtak-124 001. 124-B/R, Model Town, Yamuna Nagar - 135001. (D.P.H.Road), Near Janta Bhawan, P.O & P.S.Gangtok, Dist East -737101 Tamilnadu: Ground Floor No.178/10, Kodambakkam 12, Opp. Bank of Baroda, Red Square Market, Hisar - 125001. Opposite Peer, Bal Bhawan Road, Ground Floor, Ambala - 134 003. High Road, Opp. Hotel Palmgrove, Nungambakkam-Chennai - 600034. No 1334; Thadagam Road, Thirumoorthy Layout, R.S.Puram, Behind Venkteswara Bakery, Coimbatore – 641002. 1st Floor, 278, North Perumal Maistry Street (Nadar Lane), Sultanpur - 228001. 53, 1st Floor, Shastri Market, Sadar Bazar, Firozabad, Uttarpradesh-283203. F-3, Hotel Shaurya,New Model Madurai - 625001. 197, Seshaiyer Complex, Agraharam Street, Erode - 638001. No. 2, I Floor Vivekananda Street, New Fairlands, Colony,Haridwar-249 408. Ground Floor, Canara Bank Building, Dhundhi Katra, Mirzapur - 231001. F26/27-Kamadhenu Market, Salem - 636016. 1(1), Binny Compound, II Street, Kumaran Road, Tirupur, - 641601.No. F4, Magnem Suraksaa Apartments Opp. LIC Building, Ansari Road, Muzaffarnagar – 251001. Opp Dutta Traders Near Durga Mandir Balipur Pratapgarh – 230001. Tiruvananthapuram Road Tirunelveli-627 002. No 8, 1st Floor, 8th Cross West Extn, Thillainagar, Trichy - 620018. AKT Complex West Bengal: Plot No. 3601, Nazrul Sarani, City Centre, Durgapur - 713216. Kankaria Centre, 2/1, Russell Street, (2nd Floor), 2nd Floor, No 1,3 New Sankaranpalayam Road Tolgate, Vellore – 632001. Jailani Complex47, Mutt Street, Kumbakonam - Kolkata - 700071. Block – G 1st Floor, P C Chatterjee Market Complex, Rambandhu Talab PO, Ushagram, Asansol - 713303. 1st 612001. 126 G, V.P.Towers, Kovai Road, Basement of Axis Bank, Karur - 639002. 16A/63A, Pidamaneri Road, Near Indoor Floor, Above Exide Showroom, 399 G T Road Burdwan-713101. 78 , Haren Mukherjee Road, 1st floor, Beside SBI Hakimpara, Stadium, Dharmapuri - 636701. Survey No.25/204, Attibele Road, HCF Post, Mathigiri, Above Time Kids School, Opposite to Siliguri 734001. A – 1/50, Block A, Kalyani - 741235. “Silver Palace”, OT Road, Inda- Kharagpur, G.P-Barakola, P.S - Kharagpur Kuttys Frozen Foods, Hosur - 635 110. 156A / 1, First Floor, Lakshmi Vilas Building, Opp. District Registrar Office, Trichy Road, Local - 721305, Dist-West Midnapore. 2A, Ganesh Chandra Avenue, Room No.3A, Commerce House 4th Floor, Kolkata - 700013. Namakkal - 637001. No 59 A/1, Railway Feeder Road (Near Railway Station) Rajapalayam - 626117. 4B/A16, Mangal Mall 1st Floor, New Market Complex, Durgachak Post Office, Durgachak, Haldia - 721602. Daxhinapan Abasan, Opp Lane of Hotel, Complex, Ground Floor, Mani Nagar, Tuticorin - 628003. No.158, Rayala Tower-1, Anna salai, Chennai - 600002.III Floor, B R Kalinga, SM Pally, Malda – 732101. Cinema Road, Nutanganj, Beside Mondal Bakery, PO & District – Bankura -722101, 47/5/1, Complex, No.66, Door No. 11A, Ramakrishna Iyer Street,Opp. National Cinema Theatre ,West Tambaram, Chennai – 600 045. Raja Rammohan Roy Sarani PO. Mallickpara, Dist. Hoogly Seerampore -712203. Mukherjee Building, Ground Floor, Basantapur Shop No 1&2 Saradaram complex door no 6-7Theradi kadai street, Chidambaram – 608001. IV Floor, Kalluveettil Shyras Center, Nursing Home, Basantapur More, Ward No : 05, Post : Arambagh, Dist: hooghly, Pinno : 712601. RBC Road, Ground Floor, Near 47,Court Road, Nagercoil - 629001. Telangana: HNo.7-1-257, Upstairs S B H Mangammathota, Karimnagar - 505001. Shop No: Barasat Kalikrishna girls High School,Barasat-700124. No.107/1, A C Road, Ground Floor, Bohorompur, Murshidabad, -742103. 11 - 2 - 31/3, 1st floor, Philips Complex, Balajinagar, Wyra Road, Near Baburao Petrol Bunk, Khammam - 507001. 208, II Room No.FB28,1st Floor, Netaji Market, Bolpur -731204.. Nipendra Narayan Road (N.N Road) Opposite Udichi Market Near – FloorJade Arcade Paradise Circle, Hyderabad - 500003. Hno. 2-4-641, F-7, 1st Floor, A.B.K Mall, Old Bus Depot Road, Ramnagar, Banik Decorators PO & Dist , Cooch Behar – 736101. Babu Para, Beside Meenaar Apartment ,Ward No VIII, Kotwali Police Station Hanamkonda, Warangal - 506001. No. 15-31-2M-1/41st Floor, 14-A, MIG KPHB Colony, Kukatpally, Hyderabad – 500072. No.1- – 735101. Shop No 6, Shriram Commercial Complex Infront of Hotel Blue Diamond Ground Floor, T.P. Nagar,Korba – 495677. R.N 3-110/A, Opp. harmony Arcade, Near Srinivas Reddy Hospital, Rajendra Nagar, New Town, Mahabubnagar-509001. No-6-4-80, Tagore Road, In front of Kotawali P.S.Krishnanagar Nadia-741101. Rabindra Pally Beside of Gitanjali Cenema Hall P O & P S 1st Floor, Above Allahabad Bank, Opp. Police Auditorium, V T Road, Nalgonda-508001. 5-6-208, Saraswathi nagar, Opposite Dr. Raiganj, Dist North Dijajpur Raiganj – 733134. Police Line, Ramakrishnapally, Near Suri Bus Stand, Suri – 731101. Bharathi Rani Nursing Home, Nizamabad - 503001 Tripura: Advisor Chowmuhani (Ground Floor), Krishnanagar, Agartala -799001. Uttarakhand: 204/121 Nari Shilp Mandir Marg, Old Connaught Place, Dehradun - 248001. 22, Civil Lines, Ground OFFICIAL POINT OF ACCEPTANCE FOR TRANSACTIONS IN ELECTRONIC FORM Floor, Hotel Krish Residency, Roorkee - 247667. Dev Bazar, Bazpur Road, Kashipur-244713. Uttar Pradesh: 1st Floor 106 to Investors can undertake any transaction, including purchase / redemption / switch and avail any such online services 108, City Centre Phase II, 63/ 2, The Mall, Kanpur -208001. First Floor C-10 RDC Rajnagar,Opp Kacheri Gate No.2, Ghaziabad - as may be provided by the AMC from time to time through the online facility available on its official website - 201002. Office no,107,1st floor , Vaishali Arcade Building, Plot no 11, 6 Park Road, Lucknow-226001. No. 8, 2nd Floor, Maruti www.mahindramanulife.com which is the official point of acceptance for electronic transactions. Further, secured internet sites Tower Sanjay Place, Agra - 282002. 30/2, A&B, Civil Lines Station, Besides Vishal Mega Mart, Strachey Road, Allahabad - operated by CAMS will be the official point of acceptance for electronic transactions received from specified banks, financial 211001. Shop No. 5 & 6, 3rd Floor, Cross Road The Mall, A D Tiraha, Bank Road, Gorakhpur – 273001. 108 1st Floor, Shivam Plaza, institutions, distributors, channels etc. with whom the AMC has entered or may enter into specific arrangements. The servers Opp Eves Cinema, Hapur Road, Meerut - 250002. H 21-22, Ist Floor, Ram Ganga Vihar Shopping Complex, Opposite Sale Tax of the AMC and CAMS will be the official point of acceptance for all such online / electronic transaction facilities offered by Office, Moradabad - 244001. Office no 1, Second floor, Bhawani Market, Building No. D-58/2-A1, Rathyatra Beside Kuber the AMC. Complex, Varanasi - 221010. Opp SBI Credit Branch, Babu Lal Kharkana Compound, Gwalior Road, Jhansi - 284001. City Enclave, Opp. Kumar Nursing Home, Ramghat Road, Aligarh - 202001. F-62 - 63,Second Floor, Butler Plaza, Civil Lines, Bareilly- 243001 POINT OF SERVICE LOCATIONS (“POS”) OF MF UTILITIES INDIA PVT. LTD. (“MFUI”) . 1st Floor, Krishna Complex, Opp. Hathi Gate, Court Road, Saharanpur - 247001. E – 3, Ground Floor , Sector 3, Near Fresh Food The online transaction platform of MF Utility (“MFU”) i.e. www.mfuonline.com and the POS locations of MFU as designated Factory, Noida - 201301, Near JCB Office, Noida - 201301. CAMS C/O Rajesh Mahadev & Co, Shop No 3, Jamia Comlex Station / updated from time to time, shall be the Official Points of Acceptance (OPA) for transactions in the Scheme(s) of Mahindra Road, Basti - 272002. 1/13/196, A, Civil Lines behind Triupati Hotel, Faizabad – 224001. Durga City Centre, Nainital Road, Manulife Mutual Fund. For updated list of authorised POS of MFU, please visit the website of MFUI at www.mfuindia.com Haldwani - 263139. Gopal katra, 1st Floor, Fort Road, Jaunpur-222001. 159/160 Vikas Bazar Mathura - 281001. 17, Anand Nagar Complex, Opposite Moti Lal Nehru Stadium, SAI Hostel, Jail Road, Rae Bareilly - 229001. Bijlipura, Near Old Distt Hospital, In addition to above, Eligible Trading Members/ Depository Participants / Mutual Fund Distributors/SEBI Registered Advisors Jail Road , Shahjahanpur - 242001. Arya Nagar, Near Arya Kanya School, Sitapur - 261001. 967, Civil Lines, Near Pant Stadium, will be considered as the Official Point of Acceptance for the transactions through NSE MFSS, NMF II & BSEtAR S platform. Mahindra Manulife Investment Management Private Limited (Formerly known as 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 400018 India Corporate Office : Sadhana House, 1st Floor, 570, P.B. Marg, Worli, Mumbai - 400018, India Email id – [email protected] | Tel: + 91 22 66526000 | Fax: +91 22 24984170 Website: www.mahindramanulife.com | Toll free: 1800 419 6244 MAHINDRA MANULIFE Key Information FLEXI CAP YOJANA An open ended dynamic equity Memorandum cum scheme investing across large cap, l Long term capital appreciation; mid cap, small cap stocks Application Form l Investment in equity & equity related instruments in a concentrated portfolio of maximum 30 stocks across market This product is suitable for investors who are seeking*: capitalization. l Long term capital appreciation;
l Investment in diversi ed portfolio of equity & equity related instruments across market capitalization. * Investors should consult their nancial advisers if in doubt * Investors should consult their nancial advisers if in doubt about whether the product is suitable for them. about whether the product is suitable for them. This product is suitable for investors who are seeking*: Long term capital appreciation; Offer of Units of Rs. 10/- each during the New Fund Offer and Continuous Offer of Units at NAV based prices. l Long term capital appreciation; Continuous offer for Units at NAV based prices l Investment in diversi ed portfolio of equity & equity related New Fund Offer Opens on: August 12, 2020 instruments across market capitalization. New Fund Offer Closes on: August 19, 2020 * Investors should consult their nancial advisers if in doubt about whether the product is suitable for them. Scheme reopens for continuous sale and repurchase on or before: within 5 business days from the date of allotment Offer of Units of Rs. 10/- each during the New Fund Offer and Continuous offer for Units at NAV based prices This Key Information Memorandum (KIM) sets forth the information, which a New Fund Offer Opens on: July 30, 2021 prospective investor ought to know before investing. For further details of the scheme/Mutual Fund, due diligence certi cate by the AMC, Key Personnel, investors' New Fund Offer Closes on: August 13, 2021 rights & services, risk factors, penalties & pending litigations etc. investors should, Scheme reopens for continuous sale and repurchase from: before investment, refer to the Scheme Information Document and Statement of August 25,2021 Additional Information available free of cost at any of the Investor Service Centres or distributors or from the website www.mahindramanulife.com. The Scheme particulars have been prepared in accordance with Securities and Sponsors Exchange Board of India (Mutual Funds) Regulations 1996, as amended till date, and Mahindra and Mahindra Financial Services Limited This Key Information Memorandum (KIM) sets forth the led with Securities and Exchange Board of India (SEBI). The units being offered for Registered office: information, which a prospective investor ought to know before Gateway Building, Apollo Bunder, Mumbai public subscription have not been approved or disapproved by SEBI, nor has SEBI Maharashtra - 400 001, India. investing. For further details of the scheme/Mutual Fund, due certi ed the accuracy or adequacy of this KIM. diligence certi cate by the AMC, Key Personnel, investors' rights & Manulife Investment Management (Singapore) Pte. Ltd. Registered office: services, risk factors, penalties & pending litigations etc. investors 8 Cross Street, #16-01, Manulife Tower, should, before investment, refer to the Scheme Information Singapore 048424. Document and Statement of Additional Information available free Investment Manager of cost at any of the Investor Service Centres or distributors or from Mahindra Manulife Investment Management Private Limited This KIM is dated May 31, 2021 (Formerly known as Mahindra Asset Management Company Private Limited) the website www.mahindramanulife.com. Registered office: “A” Wing, 4th Floor, Mahindra Towers, Dr.G.M. Bhosale Marg, The Scheme particulars have been prepared in accordance with P.K. Kurne Chowk, Worli, Mumbai 400018 India Securities and Exchange Board of India (Mutual Funds) Regulations 1996, as amended till date, and led with Securities and Exchange Trustee Mahindra Manulife Trustee Private Limited Board of India (SEBI). The units being offered for public subscription (Formerly known as Mahindra Trustee Company Private Limited) Registerd office: have not been approved or disapproved by SEBI, nor has SEBI “A” Wing, 4th Floor, Mahindra Towers, 570 P B Marg, certi ed the accuracy or adequacy of this KIM. P.K. Kurne Chowk, Worli, Mumbai 400018 India This KIM is dated July 1, 2021 This KIM is dated July 2, 2021 Mutual Fund Mahindra Manulife Mutual Fund Corporate Office : Sadhana House, 1st Floor, 570 , P.B. Marg, Worli, Mumbai - 400018, India Investment Objective Risk Mitigation factors The investment objective of the Scheme is to generate long term capital appreciation by Risk is an inherent part of the investment function. Effective Risk Management is critical to Fund investing in a diversified portfolio of equity and equity-related securities across market Management for achieving financial soundness. Investments by the Scheme shall be made as capitalization. However, there can be no assurance that the investment objective of the Scheme per the investment objectives of the Scheme and provisions of the Regulations. will be achieved. The AMC has incorporated adequate safeguards to manage risk in the portfolio construction process. The risk control process involves identifying & measuring the risk through various Risk Asset Allocation Pattern of the Scheme Measurement Tools. Further, the AMC has implemented the Miles System as Front Office System (FOS) for managing risk. The system has inbuilt feature which enables the Fund Manager The Asset Allocation Pattern of the Scheme under normal circumstances would be as under: calculate various risk ratios and analyze the same. Indicative Allocation (% Risk Profile The AMC has experienced investment professionals to help limit investment universe to Instruments of assets) carefully selected high quality businesses. The fund manager would also consider hedging the portfolios in case of predictable events with uncertain outcomes. Minimum Maximum High/Medium/Low The Scheme would invest in a diversified portfolio of equity and equity related securities which Equity & Equity related instruments ^ 65 100 High would help alleviate the credit, sector/market capitalization related concentration risk. Debt and Money Market Securities 0 35 Low to Medium The system enables identifying & measuring the risk through various risk measurement tools (including TREPS (Tri-Party Repo), like various risk ratios, average duration and analyzes the same and acts in a preventive manner. Reverse Repo) Investment Strategy Units issued by REITs & InvITs 0 10 Medium to High The Fund Manager will follow an active management style. The Scheme will focus on creating an ^ including derivative instruments to the extent of 50% of the Net Assets of the Scheme. appropriate diversified portfolio of companies with a long term perspective. The Scheme will follow Investment in derivatives shall be for hedging, portfolio balancing and such other purposes as a top down approach to select sectors and follow a bottom up approach to pick stocks across the maybe permitted from time to time under the Regulations and subject to guidelines issued by sectors based on the quality of business model and quality of management. Quality of business model and quality of management will be assessed by evaluating past track record and/or future SEBI/RBI from time to time. outlook. The selection of companies will be guided by a combination of one or more factors like: Subject to the Regulations and applicable regulatory guidelines as may be issued from time to a) profitable growth in good or bad cycles; b) Optimum utilization of capital and/or capacity; c) time, the Scheme may also engage in securities lending not exceeding 20% of the net assets of leadership shown in the industry in which they operate; and d) expectations of a turnaround in the Scheme. Further, the Scheme shall not deploy more than 5% of the Scheme’s net assets in business momentum and e) track record of consistent & long term execution potential. securities lending through a single intermediary. These limits shall be applicable at the time of The Scheme by utilizing a holistic risk management strategy will endeavour to manage risks participating in the securities lending by the Scheme. associated with investing in equity markets. The Scheme has identified the following risks Illustration –Total Net Assets of the Scheme A on June 1 – Rs. 30,00,000; On June 2, the Scheme and designed risk management strategies, which are embedded in the investment process to A wishes to lend securities worth Rs. 3,00,000. The Scheme A may participate in the securities manage these risks: lending by placing orders through any 2 or more intermediaries / brokers where the maximum a. Quality risk – Risk of investing in unsustainable/weak companies order value with a single intermediary/broker shall not exceed Rs. 1,50,000 (i.e. 5% of the net b. Price risk - Risk of overpaying for a company assets of the Scheme A as on June 1). c. Liquidity risk- High impact cost of entry and exit The Scheme shall not invest in securitised debt, debt instruments having structured obligations d. Volatility risk –Volatility in price due to company or portfolio specific factors / credit enhancements and credit default swaps, debt instruments having special features in e. Event risk - Price risk due to a company/sector specific or market event terms of the SEBI Circular ref. no. SEBI/HO/IMD/DF4/CIR/P/2021/032 dated March 10, 2021, Please refer SID for detailed investment strategy. unrated debt instruments. The Scheme does not propose to invest in foreign securities. The Scheme shall not engage into short selling. Plans & Options The cumulative gross exposure through investments in equity and equity related securities, The Scheme shall offer two plans viz. Regular Plan and Direct Plan with a common portfolio debt securities, money market instruments, units issued by REITs & InvITs and exposure in and separate NAVs. derivatives’ positions shall not exceed 100% of the net assets of the Scheme. Direct Plan is only for investors who purchase /subscribe Units in the Scheme directly with the Pursuant to SEBI circular No. SEBI/HO/IMD/DF2/CIR/P/2016/42 dated March 18, 2016, the Fund and is not available for investors who route their investments through a Distributor. Scheme may deploy NFO proceeds in Triparty Repo on Government securities or treasury bills Each Plan offers two Options, viz., (i) Growth Option; and (ii) Income Distribution cum Capital (TREPS) before the closure of NFO period. However, the AMC shall not charge any investment Withdrawal Option / IDCW Option. management and advisory fees on funds deployed in TREPS during the NFO period. Income Distribution cum Capital Withdrawal Option / IDCW Option has (i) Payout of Income Pending deployment of the funds in securities in terms of investment objective of the Distribution cum Capital Withdrawal / IDCW Payout; and (ii) Reinvestment of Income Scheme, the AMC may park the funds of the Scheme in short term deposits of the Scheduled Distribution cum Capital Withdrawal / IDCW Reinvestment facility. Commercial Banks, subject to the guidelines issued by SEBI vide its circular dated April 16, 2007 In case of aforementioned IDCW option/sub-option(s)/facilities, the amounts can be distributed and September 20, 2019, as may be amended from time to time. out of investors’ capital (Equalization Reserve), which is part of sale price that represents realized gains. All the investments by the Mutual Fund under the Scheme shall be guided by investment restrictions as specified in SEBI (Mutual Funds) Regulations, 1996 from time to time. The Investors should indicate the plan / option for which Subscription is made by indicating the choice in the appropriate box provided for this purpose in the application form. In case of valid Subject to the SEBI Regulations, the asset allocation pattern indicated above may change from application received without any choice of option/ facility, the following default plan / option time to time, keeping in view market conditions, market opportunities, applicable regulations will be considered: and political and economic factors. These proportions can vary substantially depending upon Default Plan the perception of the fund manager; the intention being at all times to seek to protect the Investors subscribing under Direct Plan of the Scheme will have to indicate “Direct Plan” interests of the Unit holders. Such changes in the investment pattern will be for short term and against the Scheme name in the application form. However, if distributor code is mentioned for defensive considerations only. In case of deviation, the portfolio would be rebalanced within in application form, but “Direct Plan” is mentioned against the Scheme name, the distributor 30 days from the date of deviation. In case the same is not aligned to the above asset allocation code will be ignored and the application will be processed under “Direct Plan”. Further, where pattern within 30 days, justification shall be provided to the Investment Committee and reasons application is received for regular Plan without Distributor code or “Direct” mentioned in the for the same shall be recorded in writing. The Investment Committee shall then decide on the ARN Column, the application will be processed under Direct Plan. course of action. The below table summarizes the procedures which would be adopted by the AMC for applicability of Direct Plan / Regular Plan, while processing application form/transaction Risk Profile of the Scheme request under different scenarios: Mutual Fund Units involve investment risks including the possible loss of principal. Please read Sr. AMFI Registration Number Plan as selected in Transaction shall be the SID carefully for details on risk factors before investment. No. (ARN) Code mentioned in the the application form / processed and Units Scheme specific Risk Factors are summarized below: application form / transaction transaction request shall be allotted under Investment in Mutual Fund Units involves investment risks such as trading volumes, settlement request risk, liquidity risk, default risk including the possible loss of principal. The Scheme carries risks 1 Not mentioned Not mentioned Direct Plan associated with investing in equity, fixed income securities, securities lending and derivatives. 2 Not mentioned Direct Direct Plan The Scheme also carries performance risk. The Scheme also carries risks associated with 3 Not mentioned Regular Direct Plan investments in the units of Real Estate Investment Trust (REIT) and Infrastructure Investment Trust (InvIT) and Tri-party Repo (TREPS) through CCIL. The risks associated with the use of 4 Mentioned Direct Direct Plan derivatives are different from or possibly greater than, the risks associated with investing 5 Direct Not mentioned Direct Plan directly in securities and other traditional investments. Derivative products are leveraged 6 Direct Regular Direct Plan instruments and can provide disproportionate gains as well as disproportionate losses to the 7 Mentioned Regular Regular Plan investor. Investment in fixed income securities are subject to risks including but not limited to interest rate risk, re-investment risk, basis risk, spread risk, liquidity risk, credit risk, duration 8 Mentioned Not mentioned Regular Plan risk. The Scheme also carries risks associated with segregated portfolio. Please refer the SID for In cases of wrong/ invalid/ incomplete ARN codes mentioned on the application form, the detailed risk factors. application shall be processed under Regular Plan. The AMC shall endeavour to contact the 1 investor/distributor and obtain the correct ARN code within 30 calendar days of the receipt Name of the Fund Manager & Tenure of managing the Scheme of the application form from the investor/ distributor. In case, the correct code is not received within 30 calendar days, the AMC shall reprocess the transaction under Direct Plan from the Mr. Manish Lodha and Ms. Fatema Pacha date of application without any exit load. Tenure: The Scheme is a new scheme and hence the same is not applicable. Default Option – Growth Name of the Trustee Company Default facility under Income Distribution cum Capital Withdrawal/IDCW Option – Reinvestment of Income Distribution cum Capital Withdrawal / IDCW Reinvestment Mahindra Manulife Trustee Private Limited (Formerly known as Mahindra Trustee Company Private Limited) Applicable NAV (after the scheme opens for repurchase and sale) Performance of the Scheme Subscriptions/Purchases including Switch – ins of any amount This Scheme is a new scheme and does not have any performance track record. • In respect of valid applications received upto 3.00 p.m. on a Business Day at the Official Point(s) of Acceptance and where the funds for the entire amount of subscription / Additional Scheme related disclosures purchase as per the application / switch-in request, are credited to the bank account of Portfolio Disclosures: the Scheme before the cut-off time i.e. available for utilization before the cut-off time - i. Top 10 Holdings of the Scheme: Not Applicable the closing NAV of the day on which application is received shall be applicable. ii. Sector wise Portfolio Holdings of the Scheme: Not Applicable • In respect of valid applications received after 3.00 p.m. on a Business Day at the Official iii. Portfolio Turnover Ratio of the Scheme: Not Applicable Point(s) of Acceptance and where the funds for the entire amount of subscription / purchase as per the application / switch-in request, are credited to the bank account of Note: This Scheme is a new scheme and hence does not have the above mentioned details. the Scheme before the cut-off time of the next Business Day i.e. available for utilization For latest monthly portfolio holdings of the Scheme, investors are requested to visit before the cut-off time of the next Business Day - the closing NAV of the next Business www.mahindramanulife.com/downloads. Day shall be applicable. • Irrespective of the time of receipt of applications at the Official Point(s) of Acceptance, Expenses of the Scheme where the funds for the entire amount of subscription/purchase as per the application / (i) Load Structure switch-in request, are credited to the bank account of the Scheme before the cut-off time Entry Load: Not Applicable on any subsequent Business Day i.e. available for utilization before the cut-off time on Pursuant to SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load any subsequent Business Day - the closing NAV of such subsequent Business Day shall be will be charged by the Scheme to the investor. The upfront commission on investment made applicable. by the investor, if any, shall be paid to the ARN Holder (AMFI registered Distributor) directly by For determining the applicability of NAV for allotment of units in respect of Subscriptions/ the investor, based on the investor's assessment of various factors including service rendered Purchases including Switch –ins to the Scheme the following shall be ensured: by the ARN Holder. 1. Subscription/Purchase application/switch-in request is received before the applicable Exit Load: cut-off time - An Exit Load of 0.5% is payable if Units are redeemed / switched-out upto 3 months from 2. Funds for the entire amount of subscription/purchase (including switch-in) as per the the date of allotment; application should be credited to the bank account of the Scheme before the cut-off - Nil if Units are redeemed / switched-out after 3 months from the date of allotment. time and the funds are available for utilisation before the cut-off time without availing Redemption /Switch-Out of Units would be done on First in First out Basis (FIFO). any credit facility whether intra-day or otherwise, by the Scheme 3. In case of ‘switch’ transactions from one scheme to another, the switch-out will be (ii) Recurring Expenses processed on the date of receipt of transaction, if received before cut-off time and The AMC has estimated that upto 2.25% of daily net assets of the Scheme will be charged to the corresponding Switch-In transaction will be processed based on the pay out / settlement Scheme as expenses for the first 500 crores of the daily net assets of the Scheme. For the actual date of the respective Switch-Out Scheme current expenses being charged, the Investor should refer to the website of the Fund/AMC. Further, it may be noted that: The total expenses of the Scheme including Investment Management and Advisory Fees under • Where funds are transferred/received first and application is submitted thereafter, the Regulation 52 (2) and the various sub-heads of recurring expenses mentioned under Regulation date and time of receipt of the application shall be considered for NAV applicability 52 (4) shall not exceed the limits stated in Regulation 52(6) of SEBI (MF) Regulations. Thus, there shall be no internal sub-limits within the expense ratio for expense heads mentioned under • In case of investments through systematic investment routes such as Systematic Regulation 52 (2) and (4) respectively. Further, the additional expenses under Regulation 52(6A) Investment Plans, Systematic Transfer Plans, etc, the units will be allotted as per the (c), if applicable, may be incurred either towards investment & advisory fees and/or towards closing NAV of the day on which the funds are available for utilisation by the Scheme other expense heads as stated above. irrespective of amount and installment date of the systematic transactions. All scheme related expenses including commission paid to distributors, by whatever name Redemptions including Switch–Outs: it may be called and in whatever manner it may be paid, shall necessarily be paid from the • In respect of valid applications received upto 3 p.m. on a business day by the Mutual Fund Scheme only within the regulatory limits and not from the books of the AMC, its Associate, – the closing NAV of the day of receipt of application, shall be applicable. Sponsors, Trustee or any other entity through any route. However, expenses that are very small in value but high in volume^ (^A list of such miscellaneous expenses is provided by AMFI in • In respect of valid applications received after 3 p.m. on a business day by the Mutual Fund consultation with SEBI) may be paid out of AMC’s books at actuals or not exceeding 2 bps of the – the closing NAV of the next business day shall be applicable. Scheme’s AUM, whichever is lower. The above mentioned cut off timing shall be applicable to transactions through the online All fees and expenses charged in a Direct Plan (in percentage terms) under various heads trading platform. The Date of Acceptance will be reckoned as per the date & time; the transaction including the investment and advisory fee shall not exceed the fees and expenses charged is entered in stock exchange‘s infrastructure for which a system generated confirmation slip will under such heads in a Regular Plan. The TER of the Direct Plan will be lower to the extent of be issued to the unitholder. the distribution expenses, commission, etc. charged to the Regular Plan and no commission for distribution of Units will be paid/ charged under Direct Plan. Minimum Application and Redemption Amount / Number of Units The trusteeship fees shall be subject to a maximum of 0.01% per annum of the daily Net Assets of the schemes of the Mutual Fund. Such fee shall be paid to the Trustee Company at monthly Purchase Additional Purchase Repurchase frequency. The Trustee Company may charge further expenses as permitted from time to time under the Trust Deed and SEBI (MF) Regulations. Rs. 1,000/- and in multiples Rs. 1,000/- and in multiples Rs. 1,000/- or 100 units or account GST on expenses other than the investment management and advisory fees, if any, shall be of Re. 1/- thereafter of Re. 1/- thereafter balance, whichever is lower charged to the Scheme within the maximum limit of total expense ratio as prescribed under regulation 52 of the SEBI (MF) Regulations. GST on brokerage and transaction cost paid for execution of trade, if any, shall be within the limit prescribed under regulation 52 of the SEBI Despatch of Repurchase (Redemption) Request (MF) Regulations. Within 10 working days of receipt of the redemption request at the Official Points of Acceptance In terms of SEBI circular no. CIR/IMD/DF/21/2012 dated September 13, 2012, the AMC shall of Mahindra Manulife Mutual Fund. annually set apart at least 0.02% on daily net assets within the maximum limit of recurring expenses as per Regulation 52 for investor education and awareness initiatives. Benchmark Index The total expenses of the Scheme including the investment management and advisory fee shall NSE 500 TRI Index not exceed the limits stated in Regulation 52(6) which are as follows: (i) On the first Rs.500 crores of the daily net assets - 2.25%; Dividend (IDCW) Policy (ii) On the next Rs.250 crores of the daily net assets – 2.00%; Under the Income Distribution cum Capital Withdrawal/IDCW option, the Trustee will have (iii) On the next Rs. 1,250 crores of the daily net assets - 1.75%; discretion to declare the IDCW, subject to availability of distributable surplus calculated in (iv) On the next Rs. 3,000 crores of the daily net assets - 1.60%; accordance with the Regulations. The actual declaration of IDCW and frequency will inter- (v) On the next Rs. 5,000 crores of the daily net assets - 1.50%; alia, depend on availability of distributable surplus calculated in accordance with SEBI (MF) (vi) On the next Rs. 40,000 crores of the daily net assets - TER reduction of 0.05% for every Regulations and the decisions of the Trustee shall be final in this regard. There is no assurance increase of Rs. 5,000 crores of daily net assets or part thereof. or guarantee to the Unitholder as to the rate of IDCW nor that will the IDCW be paid regularly. (vii) On balance of the assets – 1.05% 2 In addition to the limits specified in regulation 52(6), the following costs or expenses may be Daily Net Asset Value (NAV) Publication charged to the Scheme as per regulation 52 (6A), namely- The AMC will calculate and disclose the first NAV of the Scheme within 5 business days from (a) Brokerage and Transaction costs incurred for the execution of trades may be capitalized the date of allotment. Subsequently, the AMC will calculate and disclose the NAVs on all the to the extent of 0.12 per cent of the value of trades in case of cash market transactions Business Days. The AMC shall update the NAVs on its website (www.mahindramanulife.com) and 0.05 per cent of the value of trades in case of derivatives transactions. and of the Association of Mutual Funds in India - AMFI (www.amfiindia.com) before 11.00 p.m. (b) Expenses not exceeding of 0.30 per cent of daily net assets, if the new inflows from retail on every Business Day. In case of any delay, the reasons for such delay would be explained to investors of such cities as specified by SEBI/AMFI from time to time are at least – AMFI in writing. If the NAVs are not available before the commencement of Business Hours on the following day due to any reason, the Mutual Fund shall issue a press release giving reasons (i) 30 per cent of gross new inflows from retail investors in the Scheme, or; and explaining when the Mutual Fund would be able to publish the NAV. Unitholders may also (ii) 15 per cent of the average assets under management (year to date) of the Scheme, avail a facility of receiving latest NAVs through SMS on their registered mobile numbers, by whichever is higher: submitting a specific request in this regard to the AMC / Registrar & Transfer Agent. Provided that if inflows from retail investors of such cities is less than the higher of sub- clause (i) or sub- clause (ii), such expenses on daily net assets of the Scheme shall be For Investors Grievances please contact charged on proportionate basis: Mahindra Manulife Mutual Fund: Provided further that expenses charged under this clause shall be utilised for distribution Ms. Pooja Vineet Deherkar expenses incurred for bringing inflows from retail investors of such cities. Mahindra Manulife Investment Management Private Limited Provided further that amount incurred as expense on account of inflows from retail (Formerly known as Mahindra Asset Management Company Private Limited) investors of such cities shall be credited back to the scheme in case the said inflows are 1st Floor, Sadhana House, Behind Mahindra Towers, redeemed within a period of one year from the date of investment; 570, PB Marg, Worli, Mumbai- 400 018; (c) Additional expenses, incurred towards different heads mentioned under regulations Phone no. – 022 – 66327900 52(2) and 52(4), not exceeding 0.05 per cent of daily net assets of the scheme. Toll Free No. – 1800-419-6244 Further, GST on investment management and advisory fees shall be charged to the Scheme, in Email id – [email protected] addition to the above expenses, as prescribed under the SEBI (MF) Regulations. Registrar: The total expense ratios of the schemes of the Fund are available in downloadable spreadsheet Computer Age Management Services Limited format on the AMC website and AMFI website. Any change in the current expense ratios ‘C’ Block, 2nd floor, Hanudev Info Park P Ltd, Sf No 558/2, will be updated at least three working days prior to the effective date of the change. For the Udayampalayam Road, Nava India, Coimbatore-641028 total expense ratio details of the Scheme, investors may visit http://www.mahindramanulife. com/downloads#MANDATORY-DISCLOSURES available on the website of the AMC viz., Unitholders’ Information www.mahindramanulife.com and AMFI’s website viz., www.amfiindia.com Account Statements: Further, any change in the base TER (i.e. TER excluding additional expenses provided in On acceptance of the application for subscription, an allotment confirmation/account Regulation 52 (6A) (b) and 52 (6A) (c) of SEBI (Mutual Funds) Regulations, 1996 and Goods & statement specifying the number of units allotted by way of e-mail and/or SMS within 5 Services Tax on investment and advisory fees) in comparison to previous base TER charged to business days from the date of receipt of transaction request will be sent to the Unitholders the Scheme/ Plan shall be communicated to investors of the Scheme/ Plan through notice registered e-mail address and/or mobile number. Where investors / Unitholders, have provided via email or SMS and will be uploaded on the website http://www.mahindramanulife.com/ an email address, an account statement reflecting the units allotted to the Unitholder shall downloads#MANDATORY-DISCLOSURES at least three working days prior to effective date of be sent by email on their registered email address. The Unitholder may request for a physical such change. account statement by writing / calling the AMC / ISC / RTA. The AMC shall dispatch an account Provided that any increase or decrease in TER of the Scheme/Plan due to change in AUM and statement within 5 Business Days from the date of the receipt of request from the Unit holder. any decrease in TER in the Scheme/Plan due to various other regulatory requirements would not require issuance of any prior notice/communication to the investors. Consolidated Account Statement (CAS): • Consolidated account statement for each calendar month shall be issued, on or before Transaction Charges fifteenth day of succeeding month, detailing all the transactions and holding at the end In accordance with SEBI Circular No. IMD/ DF/13/ 2011 dated August 22, 2011, the AMC/ Fund of the month including the total purchase value / cost of investment in each scheme and shall deduct a Transaction Charge per purchase /subscription of Rs. 10,000/- and above, as may transaction charges paid to the distributor, across all schemes of all mutual funds, to all the be received from new investors (an investor who invests for the first time in any mutual fund investors in whose folios transaction has taken place during that month. schemes) and existing investors. The distributors shall have an option to either “Opt-in / Opt- Pursuant to SEBI Circular no. SEBI/HO/IMD/DF2/CIR/P/2016/42 dated March 18, 2016 read out” from levying transaction charge based on the type of product. Therefore, the “Opt-in / Opt- out” status shall be at distributor level, basis the product selected by the distributor. with SEBI/HO/IMD/DF2/CIR/P/2016/89 dated September 20, 2016, following additional disclosure(s) shall be provided in CAS issued for the half year (ended September / March): Transaction charges shall be deducted for Applications for purchase/ subscription received through distributor/ agent as under (only if that distributor / agent has opted to receive the a. The amount of actual commission paid by the AMCs /Mutual Funds (MFs) to distributors transaction charges): (in absolute terms) during the half-year period against the concerned investor’s total investments in each MF Scheme. The term ‘commission’ here refers to all direct Investor Type Transaction Charges monetary payments and other payments made in the form of gifts / rewards, trips, New Investor (First Time Transaction charge of Rs.150/- per purchase / subscription of event sponsorships etc. by the AMC /MFs to the distributors. Further, the commission Mutual Fund Investor) Rs.10,000 and above will be deducted from the subscription disclosed in CAS shall be gross commission and shall not exclude costs incurred by amount and paid to the distributor/agent of the first time investor. distributors such as Goods and Services Tax (GST) (wherever applicable, as per existing The balance of the subscription amount shall be invested. rates), operating expenses, etc. Existing Investor Transaction charge of Rs.100/- per purchase / subscription of b. The scheme’s average total expense ratio (in percentage terms) along with the break Rs.10,000 and above will be deducted from the subscription amount and paid to the distributor/agent of the existing investor. up between Investment and Advisory fees, Commission paid to the distributor and The balance of the subscription amount shall be invested. Other expenses for the period for the scheme’s applicable plan (regular or direct or both) where the concerned investor has actually invested in. The transaction charges and the net investment amount and the number of units allotted will be clearly mentioned the Account Statement issued by the Mutual Fund. Such half-yearly CAS shall be issued to all MF investors, excluding those investors who do In case of investments through Systematic Investment Plan (SIP) the transaction charges shall not have any holdings in MF schemes and where no commission against their investment be deducted only if the total commitment through SIP (i.e. amount per SIP installment x No. of has been paid to distributors, during the concerned half-year period. installments) amounts to Rs. 10,000/- and above. In such cases, the transaction charges shall be • The AMC shall identify common investors across fund houses by their permanent account deducted in 3-4 installments. number (PAN) for the purposes of sending CAS. Transaction charges shall not be deducted if: • In the event the account has more than one registered holder, the first named Unitholder a. The amount per purchases /subscriptions is less than Rs. 10,000/-; shall receive the CAS. b. The transaction pertains to other than purchases/ subscriptions relating to new inflows • The transactions viz. purchase, redemption, switch, Payout of Income Distribution cum such as Switch/STP/ DTP, etc. Capital Withdrawal / IDCW Payout, Reinvestment of Income Distribution cum Capital c. Purchases/Subscriptions made directly with the Fund through any mode (i.e. not through Withdrawal/ IDCW Reinvestment, systematic investment plan, systematic withdrawal plan any distributor/agent). and systematic transfer plan, carried out by the Unit holders shall be reflected in the CAS on d. Subscription made through Exchange Platform irrespective of investment amount. the basis of PAN. • The CAS shall not be received by the Unit holders for the folio(s) not updated with PAN Waiver of Load for Direct Applications details. The Unit holders are therefore requested to ensure that the folio(s) are updated with Not Applicable their PAN.
Tax treatment for the Investors (Unitholders) • Pursuant to SEBI Circular no. CIR /MRD /DP /31/2014 dated November 12, 2014, Depositories shall generate and dispatch a single consolidated account statement for investors (in whose Investors are advised to refer to the paragraph on ‘Taxation’ in the Statement of Additional folio the transaction has taken place during the month) having mutual fund investments Information and also independently refer to their tax advisor. and holding demat accounts.
3 • Based on the PANs provided by the asset management companies / mutual funds’ registrar addresses are registered, the AMC shall send via e-mail both the monthly and half- and transfer agents (AMCs/MF-RTAs, the Depositories shall match their PAN database to yearly statement of the Scheme portfolio within 10 days from the close of each month/ half- determine the common PANs and allocate the PANs among themselves for the purpose year respectively. Further, the AMC shall publish an advertisement in all India edition of at least of sending CAS. For PANs which are common between depositories and AMCs, the two newspapers, one each in English and Hindi, every half year disclosing the hosting of the Depositories shall send the CAS. In other cases (i.e. PANs with no demat account and only half-yearly statement of the schemes’ portfolio(s) on the AMC’s website and on the website of MF units holding), the AMCs/ MF-RTAs shall continue to send the CAS to their unit holders AMFI. The AMC shall provide a physical copy of the statement of the Scheme portfolio, without as is being done presently in compliance with the Regulation 36(4) of the SEBI (Mutual charging any cost, on specific request received from a Unitholder. Funds) Regulations. Half Yearly Unaudited Financial Results: • Where statements are presently being dispatched by email either by the Mutual Funds or by the Depositories, CAS shall be sent through email. However, where an investor does not The Mutual Fund shall within one month from the close of each half year (i.e. 31st March wish to receive CAS through email, option shall be given to the investor to receive the CAS and 30th September), host a soft copy of its unaudited financial results on its website in physical form at the address registered in the Depository system. www.mahindramanulife.com. The Mutual Fund shall also publish an advertisement disclosing the hosting of such financial results on its website, in at least one English daily newspaper Half Yearly Consolidated Account Statement: having nationwide circulation and in a newspaper having wide circulation published in the • A consolidated account statement detailing holding across all schemes at the end of every language of the region where the Head Office of the Mutual Fund is situated. The unaudited six months (i.e. September/ March), on or before 21st day of succeeding month, to all such financial results shall also be displayed on the website of AMFI. Unitholders holding units in non- demat form in whose folios no transaction has taken place during that period shall be sent by email. Creation of Segregated Portfolio in the Scheme In case of a credit event at issuer level, the AMC may create a segregated portfolio of debt and • The half yearly consolidated account statement will be sent by e-mail to the Unit holders money market instruments under the Scheme in compliance with the SEBI circular no. SEBI/ whose e-mail address is registered with the Fund, unless a specific request is made to HO/ IMD/DF2/CIR/P/2018/160 dated December 28, 2018, as amended from time to time. Please receive the same in physical mode. refer SID for detailed procedure for creation of segregated portfolio in the Scheme. Annual Report: Product Labelling/ Risk-o-meter The scheme wise annual report shall be hosted on the website of the AMC / Mutual Fund (www. In terms of SEBI Circular no. SEBI/HO/IMD/DF3/CIR/P/2020/197 dated October 5, 2020 mahindramanulife.com) and AMFI (www.amfiindia.com) not later than four months (or such and clarifications issued by SEBI in this regard, the product labelling /risk level assigned for other period as may be specified by SEBI from time to time) from the date of closure of the the Scheme during the New Fund Offer is based on internal assessment of the Scheme’s relevant accounting year (i.e. 31st March each year). Further, the physical copy of the scheme characteristics and the same may vary post New Fund Offer when the actual investments are wise annual report shall be made available to the Unitholders at the registered / corporate made. office of the AMC at all times. Further, the Mutual Fund/AMC shall evaluate the Risk-o-meter of the Scheme on a monthly In case of Unitholders whose e-mail addresses are registered with the Fund, the AMC shall basis and shall disclose the same along with portfolio disclosure of the Scheme on its website e-mail the annual report or an abridged summary thereof to such Unitholders. The Unitholders viz. www.mahindramanulife.com and on the website of AMFI viz. www.amfiindia.com within 10 whose e-mail addresses are not registered with the Fund may submit a request to the AMC days from the close of each month. Further, any change in Risk-o-meter shall be communicated / Registrar & Transfer Agent to update their email ids or communicate their preference to by way of Notice-cum-Addendum and by way of an e-mail or SMS to unitholders of the Scheme. continue receiving a physical copy of the scheme wise annual report or an abridged summary thereof. Unitholders may also request for a physical or electronic copy of the annual report / Stamp Duty abridged summary, by writing to the AMC at [email protected] from their registered email ids or calling the AMC on the toll free number 1800 419 6244 or by submitting a written Pursuant to Notification No. S.O. 4419(E) dated December 10, 2019 and subsequent notifications request at any of the nearest investor service centers of the Fund. issued in this regard, by Department of Revenue, Ministry of Finance, Government of India, read with Part I of Chapter IV of Notification dated February 21, 2019 issued by Legislative Further, the AMC shall publish an advertisement in all India edition of at least two newspapers, Department, Ministry of Law and Justice, Government of India on the Finance Act, 2019: one each in English and Hindi, every year disclosing the hosting of the scheme wise annual report on its website and on the website of AMFI. The AMC shall provide a physical copy of (i) a stamp duty @ 0.005% of the transaction value would be levied on all mutual fund the abridged summary of the annual report, without charging any cost, on specific request purchase transactions (including fresh / additional purchases, switch-in transactions, all SIP received from a Unitholder. / STP-in instalments and IDCW re-investments) at the time of allotment of units; Pursuant to levy of stamp duty, the number of units allotted on such purchase transactions Monthly and Half-yearly Portfolio Disclosures to the unitholders would be reduced to that extent. The AMC shall disclose portfolio of the Scheme along with ISIN as on the last day of each month (ii) a stamp duty @0.015% of the transaction value would be levied on transfer of mutual fund / half year on its website viz. www.mahindramanulife.com and on the website of AMFI viz. units. www.amfiindia.com within 10 days from the close of each month/ half-year respectively in a Further, it is hereby clarified that stamp duty shall not be levied on redemption of units by user-friendly and downloadable spreadsheet format. In case of Unitholders whose e-mail unitholders.
4 Comparison of Existing Schemes The following table shows the differentiation of the Scheme with the existing open ended equity oriented schemes of Mahindra Manulife Mutual Fund: Scheme Name Investment Objective Asset Allocation Number of Folios AUM as on as on June 30, 2021 June 30, 2021 (Rs. In crores) Mahindra Manulife The investment objective of the Equity & Equity related instruments ^: 65% - 100% - - Flexi Cap Yojana Scheme is to generate long term capital Debt and Money Market Securities (including TREPS (Tri-Party appreciation by investing in a diversified Repo), Reverse Repo): 0% - 35% portfolio of equity and equity-related securities across market capitalization. Units issued by REITs & InvITs: 0% - 10% However, there can be no assurance that ^ including derivative instruments to the extent of 50% of the the investment objective of the Scheme Net Assets of the Scheme. Investment in derivatives shall be for will be achieved. hedging, portfolio balancing and such other purposes as maybe permitted from time to time under the Regulations and subject to guidelines issued by SEBI/RBI from time to time. Mahindra Manulife The investment objective of the Scheme is Equity and Equity related Securities*: 80% - 100% 33087 383.83 ELSS Kar Bachat Yojana to generate long-term capital appreciation Debt and Money Market Securities (including TREPS and Reverse through a diversified portfolio of equity Repo): 0% - 20% and equity related securities. The Scheme does not guarantee or assure any returns. *Equity related Securities shall mean equities, cumulative convertible preference shares and fully convertible debentures and bonds of companies. Investment may also be made in partly convertible issues of debentures and bonds including those issued on rights basis subject to the condition that, as far as possible, the non-convertible portion of the debentures so acquired or subscribed, shall be disinvested within a period of 12 (twelve) months. Mahindra Manulife The investment objective of the Scheme Equity and Equity related Securities^ of which: 80% - 100% 23640 371.24 Top 250 Nivesh Yojana is to seek long term capital growth a) Large Cap Companies*: 35%-65% through investments in equity and equity # related securities of both large cap and b) Mid Cap Companies : 35% - 65% mid cap stocks. However, there can be no c) Other than Large Cap and Mid Cap Companies: 0%& - 30% assurance that the investment objective Debt and Money Market Securities^ (including TREPS (Tri-Party of the Scheme will be achieved Repo), Reverse Repo): 0% - 20% Units issued by REITs & InvITs: 0% - 10% ^ including derivative instruments to the extent of 50% of the Net Assets of the Scheme. Investment in derivatives shall be for hedging, portfolio balancing and such other purposes as maybe permitted from time to time under the Regulations and subject to guidelines issued by SEBI/RBI from time to time. *Definition of Large Cap Companies: 1st – 100th company in terms of full Market Capitalization. #Definition of Mid Cap Companies: 101st – 250th company in terms of full Market Capitalization. For the purpose of this definition(s), the list of stocks prepared by AMFI in this regard will be adopted. Mahindra Manulife The investment objective of the Equity and Equity related Securities of Large cap companies^*: 10922 122.60 Large Cap Pragati Yojana Scheme is to provide long term capital 80%-100% appreciation & provide long-term growth Equity and Equity related Securities of other companies^: 0% - 20% opportunities by investing in a portfolio constituted of equity & equity related Debt and Money Market Securities^ (including TREPS, Reverse securities and derivatives predominantly Repo): 0% - 20% in large cap companies. However, there Units issued by REITs & InvITs: 0% - 10% can be no assurance that the investment ^ including derivative instruments to the extent of 50% of the objective of the Scheme will be achieved Net Assets of the Scheme. Investment in derivatives shall be for hedging, portfolio balancing and such other purposes as maybe permitted from time to time under the Regulations and subject to guidelines issued by SEBI/RBI from time to time. *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. Mahindra Manulife The investment objective of the Scheme Equity and Equity related Securities^ of which : 75% - 100% 40170 598.31 Multi Cap Badhat Yojana is to provide medium to long term (i) Large Cap Companies* : 25% - 50% capital appreciation through appropriate diversification and taking low risk on (ii) Mid Cap Companies** : 25% - 50% business quality. The diversified portfolio (iii) Small Cap Companies*** : 25% - 50% would predominantly consist of equity Debt and Money Market Securities^ (including TREPS, Reverse and equity related securities including Repo and units of liquid mutual fund schemes)^: 0% - 25% derivatives. However, there can be no assurance that the investment objective ^ including derivative instruments to the extent of 50% of the of the Scheme will be achieved. Net Assets of the Scheme. Investment in derivatives shall be for hedging, portfolio balancing and such other purposes as maybe permitted from time to time under the Regulations and subject to guidelines issued by SEBI/RBI from time to time. *Definition of Large Cap Companies: 1st – 100th company in terms of full Market Capitalization. **Definition of Mid Cap Companies: 101st – 250th company in terms of full Market Capitalization. ***Definition of Small Cap Companies: 251st company onwards in terms of full Market Capitalization. For the purpose of these definition, the list of stocks prepared by AMFI in this regard will be adopted.
5 Comparison of Existing Schemes The following table shows the differentiation of the Scheme with the existing open ended equity oriented schemes of Mahindra Manulife Mutual Fund:
Scheme Name Investment Objective Asset Allocation Number of Folios AUM as on as on June 30, 2021 June 30, 2021 (Rs. In crores) Mahindra Manulife The investment objective of the Equity and Equity Related Instruments of entities having exposure 5342 53.67 Rural Bharat and Scheme is to provide long-term capital towards rural India^: 80%-100% Consumption Yojana appreciation by investing predominantly Equity and Equity Related Instruments of entities other than having in equity and equity related instruments exposure to rural India^: 0%-20% of entities engaged in and/ or expected to benefit from the growth in rural India. Debt and Money Market Securities^ (including TREPS, Reverse However, there can be no assurance that Repo): 0%-20% the investment objective of the Scheme Units issued by REITs & InvITs: 0%-10% will be achieved ^ including derivative instruments to the extent of 50% of the Net Assets of the Scheme. Investment in derivatives shall be for hedging, portfolio balancing and such other purposes as maybe permitted from time to time under the Regulations and subject to guidelines issued by SEBI/RBI from time to time. Mahindra Manulife The investment objective of the Scheme Equity and Equity related Securities of Mid Cap Companies^*: 48804 750.05 Mid Cap Unnati Yojana is to seek to generate long term capital 65%-100% appreciation & provide long-term growth Equity and Equity related Securities of Non Mid Cap Companies^: opportunities by investing in a portfolio 0%-35% constituted of equity & equity related securities and derivatives predominantly Debt and Money Market Securities^ (including TREPS, Reverse in mid cap companies. However, there Repo and units of liquid mutual fund schemes): 0% - 35% can be no assurance that the investment Units issued by REITs & InvITs: 0% - 10% objective of the Scheme will be achieved. ^ including derivative instruments to the extent of 50% of the Net Assets of the Scheme. Investment in derivatives shall be for hedging, portfolio balancing and such other purposes as maybe permitted from time to time under the Regulations and subject to guidelines issued by SEBI/RBI from time to time. *Definition of Mid Cap Companies: 101st – 250th 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. Mahindra Manulife The investment objective of the scheme is Equity and Equity related Securities$^: 65% - 100% 21195 354.82 Focused Equity Yojana to generate long term capital appreciation Debt and Money Market Securities (including TREPS (Tri-Party by investing in a concentrated portfolio Repo), Reverse Repo): 0% - 35% of equity & equity related instruments of maximum 30 companies across market Units issued by REITs & InvITs: 0% - 10% capitalisation. However, there can be no $ Subject to overall limit of 30 stocks across market capitalization. assurance that the investment objective ^ including derivative instruments to the extent of 50% of the of the Scheme will be achieved. Net Assets of the Scheme. Investment in derivatives shall be for hedging, portfolio balancing and such other purposes as maybe permitted from time to time under the Regulations and subject to guidelines issued by SEBI/RBI from time to time. APPLICATION FORM
New Fund Offer Opens on: July 30, 2021 New Fund Offer Closes on: August 13, 2021 MAHINDRA MANULIFE Scheme reopens for continuous sale and repurchase from: August 25,2021 FLEXI CAP YOJANA Investors must read the Key Information Memorandum and the instructions before completing this Form. An open ended dynamic equity scheme investing The Application Form should be completed in English and in BLOCK LETTERS only. Offer of Units of Rs. 10/- each during the New Fund Offer and Continuous offer for Units at NAV based prices across large cap, mid cap, small cap stocks
THIS PRODUCT IS SUITABLE FOR INVESTORS WHO ARE SEEKING*
l Long term capital appreciation;
l Investment in diversi ed portfolio of equity & equity related instruments across market capitalization.
* Investors should consult their nancial advisers if in doubt about whether the product is suitable for them.
KEY PARTNER / AGENT INFORMATION (Refer General Instruction 1) ARN & ARN Name Sub Agent's ARN / Employee Unique RIA/PMRN Name & Code Internal Code for FOR OFFICE USE ONLY Bank Branch Code Identi cation Number (EUIN) Sub-Agent / Employee (TIME STAMP)
Consent for sharing Transaction Feed with RIA/PMRN (Applicable for investments through RIA/PMRN only): c I/We hereby give my/our consent to share/provide the transaction feed / portfolio holdings/ NAV etc. in respect of my/our investments under Direct Plan in the scheme(s) of Mahindra Manulife Mutual Fund, to the above mentioned SEBI Registered Investment Advisor (RIA) or SEBI Registered Portfolio Manager (PMRN). EUIN Declaration (only where EUIN box is left blank) (Refer General Instruction 1): c I/We hereby con rm that the EUIN box has been intentionally left blank by me/us as this transaction is executed without any interaction or advice by the employee/relationship manager/sales person of the above distributor/sub broker or notwithstanding the advice of in-appropriateness, if any, provided by the employee/relationship manager/sales person of the distributor/sub broker.
Sign Here Sign Here Sign Here First/ Sole Applicant/ Guardian / PoA Holder / Karta Second Applicant Third Applicant
TRANSACTION CHARGES FOR APPLICATIONS THROUGH DISTRIBUTORS ONLY (Refer General Instruction 2) (Please (3) any one) c I am a rst time investor in Mutual Funds c I am an existing investor in Mutual Funds (Default) In case the purchase/ subscription amount is Rs. 10,000 or more and your Distributor has opted in to receive Transaction Charges, the same are deductible as applicable from the purchase/subscription amount and payable to the Distributor. Transaction Charges in case of investments through SIP/Micro SIP are deductible only if the total commitment of investment (i.e. amount per SIP/Micro SIP installment x No. of installments) amounts to Rs. 10,000/- or more and shall be deducted in 3-4 installments. Units will be issued against the balance amount invested. Upfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based on the investors’ assessment of various factors including the service rendered by the ARN Holder. 1.EXISTING UNIT HOLDER INFORMATION (If you have existing Folio, please ll in folio no. in this section and proceed to sections 8 and 11.) (Refer General Instruction 3)
FOLIO NO.: The details in our records under the folio number mentioned alongside will apply for this application.
2. MODE OF HOLDING [Please tick (3) Single Joint Anyone or Survivor 3. UNIT HOLDER INFORMATION (Refer General Instruction 4) NAME OF FIRST / SOLE APPLICANT (In case of Minor, there shall be no jointholders) Mr. Ms. M/s. PAN#/ PEKRN# KYC Identi cation No. (KIN): [Please (3)] c #KYC Proof Attached(Mandatory) GSTIN** † † GENDER c Male c Female c Other DATE OF BIRTH / INCORPORATION D D M M Y Y Y Y Proof of date of birth (in case of minor) (3) c Attached †Date of birth and Proof of Date of birth is mandatory in case of investments made on behalf of minor. If date of birth is available in KRA records the same shall be updated for this folio / investment. Applications shall be liable for rejection if the date of birth is not mentioned in the application form or not available in KRA records or in case of mismatch of date of birth. ** Refer General Instruction 4F. MAILING ADDRESS OF FIRST / SOLE APPLICANT (Mandatory) (Address should be as per KYC records) (Refer General Instruction 4A)
CITY STATE PIN CODE CONTACT DETAILS OF FIRST / SOLE APPLICANT Country Code STD Code Telephone : Off. Mobile No. Res. Fax ^^Email Id c I/we wish to receive physical copy of the Annual Report or Abridged Summary thereof (Applicable only if email id is not available) Overseas Address (Mandatory for NRI/PIO/FPI Applications)
^^ On providing email-id investors shall receive scheme wise annual report or an abridged summary thereof/ account statements/ statutory and other documents by email. (Refer General Instruction 9) #Please attach Proof. Refer General instruction No 15 for PAN/PEKRN and No 17 for KYC. NAME OF GUARDIAN (in case of First / Sole Applicant is a Minor) / PoA HOLDER Mr. Ms. M/s. Mobile No. PAN#/ PEKRN# KYC Identi cation No. (KIN): [Please (3)] c #KYC Proof Attached(Mandatory) Relationship with Minor@ Please (3) c Father c Mother c Court appointed Legal Guardian Proof of relationship with minor@ Please (3) c Attached @ Mandatory
ADDITIONAL DETAILS REQUIRED (in case of non-individual Investors) LEI* Contact Person Name
Designation Mobile No. Email * The Legal Entity Identi er (LEI) is a 20-digit number used to uniquely identify parties for all payment transactions of value ₹50 crore and above undertaken by entities (non-individuals) using Reserve Bank-run Centralised Payment Systems viz. Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT). In absence of LEI, the Fund will not be able to make payments (Redemption/IDCW) of value ₹50 crore and above, and shall not be held responsible for any non-receipt/ receipt of funds with a delay.
& TEAR HERE &
Acknowledgement Slip (To be lled by the applicant)
Head Office : Sadhana House, 1st Floor, 570 P B Marg, Worli, Mumbai – 400018. D D M M Y Y Y Y Date : ISC Stamp & Signature Received from Mr./Ms./M/s. ______an application for allotment of Units of the Plan / Option (as mentioned overleaf) of Mahindra Manulife Flexi Cap Yojana - along with Cheque / Demand Draft / Payment Instrument as detailed overleaf. Please Note : All Purchases are subject to realisation of Cheques / Demand Drafts / Payment Instrument. ... continued overleaf MAHINDRA MANULIFE MAHINDRA MANULIFE FLEXI CAP YOJANA FLEXI CAP YOJANA
4. JOINT APPLICANT DETAILS, If any ( Refer General Instruction 4) ( in Case of Minor, there shall be no joint holders) 6. FATCA and CRS DETAILS For Individuals (Mandatory) Non Individual investors including HUF should mandatorily ll separate FATCA/CRS form
I. NAME OF SECOND APPLICANT Mr. Ms. M/s. Sole/First Applicant/Guardian Second Applicant Third Applicant Place of Birth GENDER c Male c Female c Other KYC Identi cation No. (KIN): PAN#/ PEKRN# [Please (✓)] c #KYC Proof Attached(Mandatory) Country of Birth Nationality c Indian c U.S. c Others, please specify ______c Indian c U.S. c Others, please specify ______c Indian c U.S. c Others, please specify______Mobile No. ^^Email Id DATE OF BIRTH D D M M Y Y Y Y Tax Residence Address Type c Residential c Registered Office c Business c Residential c Registered Office c Business c Residential c Registered Office c Business (as per KYC records) c I/we wish to receive physical copy of the Annual Report or Abridged Summary thereof (Applicable only if email id is not available) Are you a tax resident (i.e., are c Yes / c No c Yes / c No c Yes / c No you assessed for Tax) in any If 'YES', please ll below for ALL countries (other than India) in which you are a Resident for tax purposes i.e., where you are a Citizen / Resident / Green Card Holder / Tax Resident in the Respective countries. II. NAME OF THIRD APPLICANT Mr. Ms. M/s. other country outside India? Country of Tax Residency (1) (1) (1) GENDER c Male c Female c Other KYC Identi cation No. (KIN): PAN#/ PEKRN# [Please (✓)] c #KYC Proof Attached(Mandatory) (2) (2) (2) (3) (3) (3) Mobile No. ^^Email Id DATE OF BIRTH D D M M Y Y Y Y Tax Identii cation Number OR (1) (1) (1) c I/we wish to receive physical copy of the Annual Report or Abridged Summary thereof (Applicable only if email id is not available) Functional Equivalent (2) (2) (2) # Please attach Proof. Refer General Instruction No 15 for PAN/PEKRN and No 17 for KYC. (3) (3) (3) ^^ On providing email-id investors shall receive scheme wise annual report or an abridged summary thereof/ account statements/ statutory and other documents by email. (Refer General Instruction 9) Identi cation Type (1) (1) (1) (TIN of other, Please specify) (2) (2) (2) 5. APPLICANT DETAILS (Mandatory) (Refer general instruction 4) (3) (3) (3)
5a. Status of Applicants (Refer General Instruction4D) (Please tick one) If TIN is not available, 1 2 3 1 2 3 1 2 3 please tick the reason A,B, c A c B c C c A c B c C c A c B c C c A c B c C c A c B c C c A c B c C c A c B c C c A c B c C c A c B c C or C (as de ned below) Sole/First c Resident Individual c NRI-Repatriation c NRI-Non Repatriation c Partnership c Trust c HUF c AOP c PIO c Company Applicant Refer General Instructions 4C and 19 c Body Corporate c On Behalf of Minor c BOI c OCI c LLP c Bank c FI c Society / Club Ô Individual Reason A The country where the Account Holder is liable to pay tax does not issue Tax identi cation Numbers to its residents. c Foreign National Resident in India c QFI c FPI c Sole Proprietorship c Non Profit Organisation c Others ______(Please specify) Reason B Ô No TIN required. (Select this reason Only if the authorities of the respective country of tax residence do not require the TIN to be collected). Non Individual Reason C Ô Others; please state the reason thereof______
7. BANK ACCOUNT DETAILS OF THE FIRST / SOLE APPLICANT (For redemption purpose) (Refer General Instruction 6 & 10) Second c Resident Individual c NRI-Repatriation c NRI-Non Repatriation c Partnership c Trust c HUF c AOP c PIO c Company Applicant (Mandatory to attach proof, in case the pay-out bank account is different from the bank account mentioned under Section 8 below.) c Body Corporate c BOI c OCI c LLP c Bank c FI c Society / Club Individual For unit holders opting to hold units in demat form, please ensure that the bank account linked with the demat account is mentioned here. c Foreign National Resident in India c QFI c FPI c Sole Proprietorship c Non Profit Organisation c Others ______(Please specify) Non Individual Bank Name
Branch Address Branch City Third c Resident Individual c NRI-Repatriation c NRI-Non Repatriation c Partnership c Trust c HUF c AOP c PIO c Company Applicant c Body Corporate c BOI c OCI c LLP c Bank c FI c Society / Club MICR Code (The 9 digit code appears on your cheque Individual Account No. next to the cheque number) c Foreign National Resident in India c QFI c FPI c Sole Proprietorship c Non Profit Organisation c Others ______(Please specify) Non Individual Account Type (Please ✓) c Savings c Current c NRO c NRE c FCNR c Others (please specify) ______
IFSC Code*** *** Refer General Instruction 6C (Mandatory for Credit via RTGS / NEFT) (11 Character code appearing on your cheque leaf. 5b. Occupation Details [Please tick (✓)] If you do not nd this on your cheque leaf, please check for the same with your bank) Unitholders will receive redemption/ dividend (IDCW) proceeds directly into their bank account (as furnished in Section 8) via Direct credit / RTGS / NEFT facility unless speci ed otherwise in writing. c Private Sector Service c Public Sector Service c Government Service c Student c Professional c Housewife c Business c Retired Sole/First Applicant 8. INVESTMENTS & PAYMENT DETAILS [Please (3)] (Refer Instruction 7 for Scheme details and Instruction 5 & 8 for Payment and Third Party Payment Details) Please select any one c Agriculturist c Proprietorship c Others ______(Please specify) The name of the rst/ sole applicant must be pre-printed on the cheque for lumpsum Investment/ SIP Registration. FOR DEFAULT OPTIONS, PLEASE REFER KIM.
Scheme Name Select your plan Select your Option / Sub-option / Facility Second Applicant c Private Sector Service c Public Sector Service c Government Service c Student c Professional c Housewife c Business c Retired Please select any one c Agriculturist c Proprietorship c Others ______(Please specify) Mahindra Manulife Flexi Cap Yojana c Direct Plan c Regular Plan c Growth c IDCW Payout c IDCW Reinvestment Note: In case of above IDCW option/sub-option(s)/facilities, the amounts can be distributed out of investors' capital (Equalization Reserve), which is part of sale price that represents realized gains. IDCW: Income Distribution cum Capital Withdrawal Third Applicant c Private Sector Service c Public Sector Service c Government Service c Student c Professional c Housewife c Business c Retired Please select any one c Agriculturist c Proprietorship c Others ______(Please specify) 8A. For Lumpsum Investment Payment Type : c Non-Third Party Payment c Third Party Payment (Please attach 'Third Party Payment Declaration Form')
Cheque/ DD/ DD Charges, Net DD / Cheque Drawn on Investment Payment Instrument/ Bank Account Number 5c. Gross Annual Income / Net-worth (Rs.) if any Amount Bank / Branch Amount UTR No. & Date Sole/First Applicant Gross Annual Income c Below 1 Lakh c 1 - 5 Lakhs c 5 - 10 Lakhs c 10 - 25 Lakhs c 25 Lakhs - 1 Cror e c >1 Crore or (Please select any one) Net-worth (Mandatory for Non-Individuals) Rs.______as on D D M M Y Y Y Y (Not older than 1 year) 8B. For investment through SIP / Micro SIP mode Payment Type : c Non-Third Party Payment c Third Party Payment (Please attach 'Third Party Payment Declaration Form') Second Applicant Gross Annual Income c Below 1 Lakh c 1 - 5 Lakhs c 5 - 10 Lakhs c 10 - 25 Lakhs c 25 Lakhs - 1 Cror e c >1 Crore or (Refer General Instruction 7) Payment Through : c Single Cheque c Multiple Cheques (Refer instruction 5 D) (Please select any one) Net-worth (Mandatory for Non-Individuals) Rs.______as on D D M M Y Y Y Y (Not older than 1 year) NOTE: In case of, Payment through single cheque, the cheque/DD should be issued in favour of 'Mahindra Manulife MF Multiple Schemes' for the total investment amount mentioned below and the rom which SIP Top-Up will be discontinu cheque/DD details need to be lled only once. Same cheque cannot be used for both lumpsum & SIP investments. Third Applicant Gross Annual Income c Below 1 Lakh c 1 - 5 Lakhs c 5 - 10 Lakhs c 10 - 25 Lakhs c 25 Lakhs - 1 Cror e c >1 Crore or Cheque details SIP Installment SIP Date(s) Period Top-Up (Optional) (Refer instruction 7.6) (Please select any one) Frequency Net-worth (Mandatory for Non-Individuals) Rs.______as on D D M M Y Y Y Y (Not older than 1 year) Amount (`) (Refer instruction 7.1) Top-Up Details CAP Details (Optional) Frequency Bank Name ¹ ^^ Amount*(`) CAP Amount*(`) Daily Start: M M Y Y Y Y ¹ Yearly* 5d. Politically Exposed Person (PEP) Status (Also applicable for authorised signatories/ Promoters/ Karta/ Trustee/ Whole time Directors) ¹ Monthly* End : M M Y Y Y Y Or Or Percentage CAP Month-Year ¹ Half-yearly Sole/First Applicant (Please select any one) c I am a PEP c I am Related to a PEP c Not Applicable or ¹ Until cancelled* Cheque No. ______D D M M Y Y Y Y ¹ Quarterly M M Y Y Y Y ¹ Daily^^ Second Applicant (Please select any one) c I am a PEP c I am Related to a PEP c Not Applicable Bank Name ¹ ^^ Amount*(`) CAP Amount*(`) Daily Start: M M Y Y Y Y ¹ Yearly* Third Applicant (Please select any one) c c c ¹ Monthly* End : M M Y Y Y Y Or Or I am a PEP I am Related to a PEP Not Applicable Percentage CAP Month-Year ¹ Half-yearly or ¹ Until cancelled* Cheque No. ______D D M M Y Y Y Y TOTAL ¹ Quarterly M M Y Y Y Y
& TEAR HERE & * Default Option. Note: Top-Up SIP facility is available only through NACH debit mandate. In case of Quarterly SIP and Percentage based Top up, only Yearly Top-up frequency is available. CAP Amount: Max SIP installment amount (including Top-up). In case, the SIP installment amount exceeds the maximum amount mentioned in the debit mandate, the SIP will continue with the last SIP installment amount. CAP Month-Year: Month-Year from which SIP Top-Up will be discontinued. ^^The SIP instalments under Daily frequency Scheme Name Select your plan Select your Option / Sub-option / Facility will be processed ONLY on Business Days ¹ ¹ Mahindra Manulife Flexi Cap Yojana c Direct Plan c Regular Plan c Growth c IDCW Payout c IDCW Reinvestment For existing investors if 1st SIP Installment is through NACH mandate attach Blank cancelled cheque OR Copy of cheque
SIP through Post Dated Cheques (Use CTS (Cheque Truncation System) Cheques only) ^^ The SIP instalments under Daily frequency will be Cheque / DD / Payment Instrument No. & Date Drawn on (Bank and Branch) Amount in Figures (Rs.) For SIP through Auto Debit / NACH SIP 1 : Period M M Y Y Y Y TO M M Y Y Y Y No. of cheques attached processed ONLY on Business Days please also ll & attach SIP Note: In case of above IDCW option/sub-option(s)/facilities, the amounts can be distributed out of investors' capital (Equalization Reserve), which is part of sale price that represents realized gains. IDCW: Income Distribution cum Capital Withdrawal No. of cheques attached Registration cum Debit mandate form. SIP 2 : Period M M Y Y Y Y TO M M Y Y Y Y The rst cheque & the Post dated cheques should be drawn on the same bank & account number. SIP/ Micro SIP Date (s)______Top Up SIP Amount / Percentage ______Frequency ______MAHINDRA MANULIFE MAHINDRA MANULIFE FLEXI CAP YOJANA FLEXI CAP YOJANA
4. JOINT APPLICANT DETAILS, If any ( Refer General Instruction 4) ( in Case of Minor, there shall be no joint holders) 6. FATCA and CRS DETAILS For Individuals (Mandatory) Non Individual investors including HUF should mandatorily ll separate FATCA/CRS form
I. NAME OF SECOND APPLICANT Mr. Ms. M/s. Sole/First Applicant/Guardian Second Applicant Third Applicant Place of Birth GENDER c Male c Female c Other KYC Identi cation No. (KIN): PAN#/ PEKRN# [Please (✓)] c #KYC Proof Attached(Mandatory) Country of Birth Nationality c Indian c U.S. c Others, please specify ______c Indian c U.S. c Others, please specify ______c Indian c U.S. c Others, please specify______Mobile No. ^^Email Id DATE OF BIRTH D D M M Y Y Y Y Tax Residence Address Type c Residential c Registered Office c Business c Residential c Registered Office c Business c Residential c Registered Office c Business (as per KYC records) c I/we wish to receive physical copy of the Annual Report or Abridged Summary thereof (Applicable only if email id is not available) Are you a tax resident (i.e., are c Yes / c No c Yes / c No c Yes / c No you assessed for Tax) in any If 'YES', please ll below for ALL countries (other than India) in which you are a Resident for tax purposes i.e., where you are a Citizen / Resident / Green Card Holder / Tax Resident in the Respective countries. II. NAME OF THIRD APPLICANT Mr. Ms. M/s. other country outside India? Country of Tax Residency (1) (1) (1) GENDER c Male c Female c Other KYC Identi cation No. (KIN): PAN#/ PEKRN# [Please (✓)] c #KYC Proof Attached(Mandatory) (2) (2) (2) (3) (3) (3) Mobile No. ^^Email Id DATE OF BIRTH D D M M Y Y Y Y Tax Identii cation Number OR (1) (1) (1) c I/we wish to receive physical copy of the Annual Report or Abridged Summary thereof (Applicable only if email id is not available) Functional Equivalent (2) (2) (2) # Please attach Proof. Refer General Instruction No 15 for PAN/PEKRN and No 17 for KYC. (3) (3) (3) ^^ On providing email-id investors shall receive scheme wise annual report or an abridged summary thereof/ account statements/ statutory and other documents by email. (Refer General Instruction 9) Identi cation Type (1) (1) (1) (TIN of other, Please specify) (2) (2) (2) 5. APPLICANT DETAILS (Mandatory) (Refer general instruction 4) (3) (3) (3)
5a. Status of Applicants (Refer General Instruction4D) (Please tick one) If TIN is not available, 1 2 3 1 2 3 1 2 3 please tick the reason A,B, c A c B c C c A c B c C c A c B c C c A c B c C c A c B c C c A c B c C c A c B c C c A c B c C c A c B c C or C (as de ned below) Sole/First c Resident Individual c NRI-Repatriation c NRI-Non Repatriation c Partnership c Trust c HUF c AOP c PIO c Company Applicant Refer General Instructions 4C and 19 c Body Corporate c On Behalf of Minor c BOI c OCI c LLP c Bank c FI c Society / Club Ô Individual Reason A The country where the Account Holder is liable to pay tax does not issue Tax identi cation Numbers to its residents. c Foreign National Resident in India c QFI c FPI c Sole Proprietorship c Non Profit Organisation c Others ______(Please specify) Reason B Ô No TIN required. (Select this reason Only if the authorities of the respective country of tax residence do not require the TIN to be collected). Non Individual Reason C Ô Others; please state the reason thereof______
7. BANK ACCOUNT DETAILS OF THE FIRST / SOLE APPLICANT (For redemption purpose) (Refer General Instruction 6 & 10) Second c Resident Individual c NRI-Repatriation c NRI-Non Repatriation c Partnership c Trust c HUF c AOP c PIO c Company Applicant (Mandatory to attach proof, in case the pay-out bank account is different from the bank account mentioned under Section 8 below.) c Body Corporate c BOI c OCI c LLP c Bank c FI c Society / Club Individual For unit holders opting to hold units in demat form, please ensure that the bank account linked with the demat account is mentioned here. c Foreign National Resident in India c QFI c FPI c Sole Proprietorship c Non Profit Organisation c Others ______(Please specify) Non Individual Bank Name
Branch Address Branch City Third c Resident Individual c NRI-Repatriation c NRI-Non Repatriation c Partnership c Trust c HUF c AOP c PIO c Company Applicant c Body Corporate c BOI c OCI c LLP c Bank c FI c Society / Club MICR Code (The 9 digit code appears on your cheque Individual Account No. next to the cheque number) c Foreign National Resident in India c QFI c FPI c Sole Proprietorship c Non Profit Organisation c Others ______(Please specify) Non Individual Account Type (Please ✓) c Savings c Current c NRO c NRE c FCNR c Others (please specify) ______
IFSC Code*** *** Refer General Instruction 6C (Mandatory for Credit via RTGS / NEFT) (11 Character code appearing on your cheque leaf. 5b. Occupation Details [Please tick (✓)] If you do not nd this on your cheque leaf, please check for the same with your bank) Unitholders will receive redemption/ dividend (IDCW) proceeds directly into their bank account (as furnished in Section 8) via Direct credit / RTGS / NEFT facility unless speci ed otherwise in writing. c Private Sector Service c Public Sector Service c Government Service c Student c Professional c Housewife c Business c Retired Sole/First Applicant 8. INVESTMENTS & PAYMENT DETAILS [Please (3)] (Refer Instruction 7 for Scheme details and Instruction 5 & 8 for Payment and Third Party Payment Details) Please select any one c Agriculturist c Proprietorship c Others ______(Please specify) The name of the rst/ sole applicant must be pre-printed on the cheque for lumpsum Investment/ SIP Registration. FOR DEFAULT OPTIONS, PLEASE REFER KIM.
Scheme Name Select your plan Select your Option / Sub-option / Facility Second Applicant c Private Sector Service c Public Sector Service c Government Service c Student c Professional c Housewife c Business c Retired Please select any one c Agriculturist c Proprietorship c Others ______(Please specify) Mahindra Manulife Flexi Cap Yojana c Direct Plan c Regular Plan c Growth c IDCW Payout c IDCW Reinvestment Note: In case of above IDCW option/sub-option(s)/facilities, the amounts can be distributed out of investors' capital (Equalization Reserve), which is part of sale price that represents realized gains. IDCW: Income Distribution cum Capital Withdrawal Third Applicant c Private Sector Service c Public Sector Service c Government Service c Student c Professional c Housewife c Business c Retired Please select any one c Agriculturist c Proprietorship c Others ______(Please specify) 8A. For Lumpsum Investment Payment Type : c Non-Third Party Payment c Third Party Payment (Please attach 'Third Party Payment Declaration Form')
Cheque/ DD/ DD Charges, Net DD / Cheque Drawn on Investment Payment Instrument/ Bank Account Number 5c. Gross Annual Income / Net-worth (Rs.) if any Amount Bank / Branch Amount UTR No. & Date Sole/First Applicant Gross Annual Income c Below 1 Lakh c 1 - 5 Lakhs c 5 - 10 Lakhs c 10 - 25 Lakhs c 25 Lakhs - 1 Cror e c >1 Crore or (Please select any one) Net-worth (Mandatory for Non-Individuals) Rs.______as on D D M M Y Y Y Y (Not older than 1 year) 8B. For investment through SIP / Micro SIP mode Payment Type : c Non-Third Party Payment c Third Party Payment (Please attach 'Third Party Payment Declaration Form') Second Applicant Gross Annual Income c Below 1 Lakh c 1 - 5 Lakhs c 5 - 10 Lakhs c 10 - 25 Lakhs c 25 Lakhs - 1 Cror e c >1 Crore or (Refer General Instruction 7) Payment Through : c Single Cheque c Multiple Cheques (Refer instruction 5 D) (Please select any one) Net-worth (Mandatory for Non-Individuals) Rs.______as on D D M M Y Y Y Y (Not older than 1 year) NOTE: In case of, Payment through single cheque, the cheque/DD should be issued in favour of 'Mahindra Manulife MF Multiple Schemes' for the total investment amount mentioned below and the rom which SIP Top-Up will be discontinu cheque/DD details need to be lled only once. Same cheque cannot be used for both lumpsum & SIP investments. Third Applicant Gross Annual Income c Below 1 Lakh c 1 - 5 Lakhs c 5 - 10 Lakhs c 10 - 25 Lakhs c 25 Lakhs - 1 Cror e c >1 Crore or Cheque details SIP Installment SIP Date(s) Period Top-Up (Optional) (Refer instruction 7.6) (Please select any one) Frequency Net-worth (Mandatory for Non-Individuals) Rs.______as on D D M M Y Y Y Y (Not older than 1 year) Amount (`) (Refer instruction 7.1) Top-Up Details CAP Details (Optional) Frequency Bank Name ¹ ^^ Amount*(`) CAP Amount*(`) Daily Start: M M Y Y Y Y ¹ Yearly* 5d. Politically Exposed Person (PEP) Status (Also applicable for authorised signatories/ Promoters/ Karta/ Trustee/ Whole time Directors) ¹ Monthly* End : M M Y Y Y Y Or Or Percentage CAP Month-Year ¹ Half-yearly Sole/First Applicant (Please select any one) c I am a PEP c I am Related to a PEP c Not Applicable or ¹ Until cancelled* Cheque No. ______D D M M Y Y Y Y ¹ Quarterly M M Y Y Y Y ¹ Daily^^ Second Applicant (Please select any one) c I am a PEP c I am Related to a PEP c Not Applicable Bank Name ¹ ^^ Amount*(`) CAP Amount*(`) Daily Start: M M Y Y Y Y ¹ Yearly* Third Applicant (Please select any one) c c c ¹ Monthly* End : M M Y Y Y Y Or Or I am a PEP I am Related to a PEP Not Applicable Percentage CAP Month-Year ¹ Half-yearly or ¹ Until cancelled* Cheque No. ______D D M M Y Y Y Y TOTAL ¹ Quarterly M M Y Y Y Y
& TEAR HERE & * Default Option. Note: Top-Up SIP facility is available only through NACH debit mandate. In case of Quarterly SIP and Percentage based Top up, only Yearly Top-up frequency is available. CAP Amount: Max SIP installment amount (including Top-up). In case, the SIP installment amount exceeds the maximum amount mentioned in the debit mandate, the SIP will continue with the last SIP installment amount. CAP Month-Year: Month-Year from which SIP Top-Up will be discontinued. ^^The SIP instalments under Daily frequency Scheme Name Select your plan Select your Option / Sub-option / Facility will be processed ONLY on Business Days ¹ ¹ Mahindra Manulife Flexi Cap Yojana c Direct Plan c Regular Plan c Growth c IDCW Payout c IDCW Reinvestment For existing investors if 1st SIP Installment is through NACH mandate attach Blank cancelled cheque OR Copy of cheque
SIP through Post Dated Cheques (Use CTS (Cheque Truncation System) Cheques only) ^^ The SIP instalments under Daily frequency will be Cheque / DD / Payment Instrument No. & Date Drawn on (Bank and Branch) Amount in Figures (Rs.) For SIP through Auto Debit / NACH SIP 1 : Period M M Y Y Y Y TO M M Y Y Y Y No. of cheques attached processed ONLY on Business Days please also ll & attach SIP Note: In case of above IDCW option/sub-option(s)/facilities, the amounts can be distributed out of investors' capital (Equalization Reserve), which is part of sale price that represents realized gains. IDCW: Income Distribution cum Capital Withdrawal No. of cheques attached Registration cum Debit mandate form. SIP 2 : Period M M Y Y Y Y TO M M Y Y Y Y The rst cheque & the Post dated cheques should be drawn on the same bank & account number. SIP/ Micro SIP Date (s)______Top Up SIP Amount / Percentage ______Frequency ______MAHINDRA MANULIFE FLEXI CAP YOJANA
9. UNIT HOLDING OPTION c DEMAT MODE* c PHYSICAL MODE (Default) (Refer Instruction 12)
*Demat Account details are mandatory if the investor wishes to hold the units in Demat Mode. Please ensure that the sequence of the names as mentioned in the application form matches with that of the demat account. Investor opting to hold units in demat form, may provide a copy of the DP statement to enable us to match the demat details as stated in the application form.
DP NAME ______Bene ciary NSDL DP ID I N Account No.
DP NAME ______Bene ciary CDSL Account No.
10. NOMINATION (Refer Instruction 14) (Mandatory for new folios of Individuals where mode of holding is single) (For Units in Non-Demat Form)
Name and Address of Nominee(s) Relationship Date of Birth Name and Address of Guardian Signature of Nominee (Optional)/ Proportion (%) in which with Guardian of Nominee (Mandatory) the units will be shared by Applicant (to be furnished in case the Nominee is a minor) each Nominee (should aggregate to 100%)
Nominee 1
Nominee 2
Nominee 3
OR [Please (3)] c I/We do not wish to Nominate
11. DECLARATION & SIGNATURE/S (Refer Instruction 13) I/We am/are not prohibited from accessing capital markets under any order/ruling/judgment etc., of any regulation, including SEBI. I/We con rm that my application is in compliance with applicable Indian and foreign laws. I / We hereby con rm and declare as follows:- I / We have read, understood and hereby agree to comply with the terms and conditions of the scheme related documents (i.e. Scheme Information Document, Statement of Additional Information and Key Information Memorandum) and apply for allotment of Units of the Mahindra Manulife Flexi Cap Yojana ('the Scheme') of Mahindra Manulife Mutual Fund ('the Fund') indicated above. I/We am/are eligible Investor(s) as per the scheme related documents and am/are authorised to make this investment as per the Constitutive documents/ authorization(s). The amount invested in the Scheme is derived through legitimate sources only and is not held or designed for the purpose of contravention of any Act, Rules, Regulations or any statute or legislation or any other applicable laws or any Noti cations, Directives of the provisions of the Income Tax Act, Anti Money Laundering Laws, Anti Corruption Laws or any other applicable laws enacted by the Government of India from time to time. I/We con rm that the funds invested in the Scheme, legally belongs to me/us. In event “Know Your Customer” process is not completed by me/us to the satisfaction of the Fund, I/we hereby authorize the Fund, to redeem the funds invested in the Scheme, in favour of the applicant, at the applicable NAV prevailing on the date of such redemption and undertake such other action with such funds that may be required by the law. I / We have not received nor have been induced by any rebate or gifts, directly or indirectly, in making this investment. The information given in / with this application form is true and correct and further agree to furnish such other further/additional information as may be required by the Mahindra Manulife Investment Management Private Limited (Formerly known as Mahindra Asset Management Company Private Limited)(AMC) / the Fund and undertake to inform the AMC / the Fund/Registrars and Transfer Agent (RTA) in writing about any change in the information furnished from time to time. That in the event, the above information and/or any part of it is/are found to be false/ untrue/misleading, I/We will be liable for the consequences arising therefrom. I/We hereby authorize you to disclose, share, remit in any form/manner/mode the above information and/or any part of it including the changes/updates that may be provided by me/us to the Fund, its Sponsor/s, Trustees, AMC, its employees, agents and third party service providers, SEBI registered intermediaries for single updation/ submission, any Indian or foreign statutory, regulatory, judicial, quasi- judicial authorities/agencies including but not limited to Financial Intelligence Unit-India (FIU-IND) etc without any intimation/advice to me/us. If the transaction is delayed or not effected at all for reasons of incomplete or incorrect information, I/We would not hold the AMC / the Fund, their appointed service providers or representatives responsible. I/We will indemnify the Fund, AMC, Trustee, RTA and other intermediaries in case of any dispute regarding the eligibility, validity and authorization of my/our transactions. The ARN holder (AMFI registered Distributor) has disclosed to me/us all the commissions (in the form of trail commission or any other mode), payable to him/them for the different competing Schemes of various Mutual Funds from amongst which the Scheme is being recommended to me/us. I/We hereby authorize and provide my/our consent to the AMC, its Registrar & Transfer Agent and their authorized representatives to contact me/us through various communication modes (including phone / email / SMS) to address my/our investment related queries and/or receive communications pertaining to my/our nancial transactions/ non- nancial transactions/ promotional/ potential investments and other communications/ materials about the mutual fund products and services offered by the Fund, irrespective of my/our blocking preferences with the Customer Preference Registration Facility. I/We do not have any existing Micro Investments which together with the current Micro Investment application will result in aggregate investments exceeding Rs. 50,000/- in a year (applicable to Micro Investment investors only). I / We con rm that I / We are not United States person(s) under the laws of United States or residents(s) of Canada as de ned under the applicable laws of Canada. I/WE HEREBY CONFIRM THAT I/WE HAVE NOT BEEN OFFERED/ COMMUNICATED ANY INDICATIVE PORTFOLIO AND/ OR ANY INDICATIVE YIELD BY THE FUND/AMC/ITS DISTRIBUTOR FOR THIS INVESTMENT. I/We hereby provide my /our consent in accordance with Aadhaar Act, 2016 and regulations made thereunder, for (i) collecting, storing and usage (ii) validating/authenticating and (ii) updating my/our Aadhaar number(s) in accordance with the Aadhaar Act, 2016 (and regulations made thereunder) and PMLA. I/We hereby provide my/our consent for sharing/disclosing of my Aadhaar number(s) including demographic information with the asset management companies of SEBI registered mutual fund and their Registrar and Transfer Agent (RTA) for the purpose of updating the same in my/our folios. FATCA Declaration: I hereby con rm that the information provided here in above is true, correct and complete to the best of my knowledge and belief and that I shall be solely liable and responsible for the information submitted above. I also con rm that I have read and understood the FATCA & CRS Terms and Conditions below and hereby accept the same. I also undertake to keep you informed in writing about any changes / modi cation to the above information in future within 30 days of the same being effective and also undertake to provide any other additional information as may be required any intermediary or by domestic or overseas regulators / tax authorities. Applicable to NRIs only : I / We con rm that I am / we are Non-Residents of Indian Nationality / Origin and that the funds are remitted from abroad through approved banking channels or from my / our NRE / NRO / FCNR Account. I / We con rm that the details provided by me / us are true and correct.
SIGNATURE(S) (Please write Application Form No. / Folio No. on the reverse of the Cheque / Demand Draft / Payment Instrument.)
Sign Here Sign Here Sign Here First / Sole Applicant/ Guardian / PoA Holder / Karta Second Applicant Third Applicant Application Supported By Blocked Amount (ASBA) Form Please read ASBA instructions before lling the Form
New Fund Offer Opens on: July 30, 2021 New Fund Offer Closes on: August 13, 2021 New Fund Offer Opens on: October 26, 2020 New Fund Offer Closes on: November 9, 2020 Scheme reopens for continuous sale and repurchase from: August 25,2021 MAHINDRA MANULIFE Scheme reopens for continuous sale and repurchase from: within 5 business days from the date of allotment FLEXI CAP YOJANA Investors must read the Key Information Memorandum and the instructions before completing this Form. Investors must read the Key Information Memorandum and the instructions before completing this Form. An open ended dynamic equity scheme investing The Application Form should be completed in English and in BLOCK LETTERS only. The Application Form should be completed in English and in BLOCK LETTERS only. Offer of Units of Rs. 10/- each during the New Fund Offer and Continuous offer for Units at NAV based prices across large cap, mid cap, small cap stocks Offer of Units of Rs. 10/- each during the New Fund Offer and Continuous offer for Units at NAV based prices
THIS PRODUCT IS SUITABLE FOR INVESTORS WHO ARE SEEKING*
l Long term capital appreciation;
l Investment in diversi ed portfolio of equity & equity related instruments across market capitalization.
* Investors should consult their nancial advisers if in doubt about whether the product is suitable for them.
ARN & ARN Name Sub Agent's ARN / Internal Sub-Broker/Employee Code Employee Unique Identi cation No. (EUIN) RIA/PMRN Name & Code SCSB Branch Stamp & Code For Office Use Only Bank Branch Code
Consent for sharing Transaction Feed with RIA/PMRN (Applicable for investments through RIA/PMRN only): c I/We hereby give my/our consent to share/provide the transaction feed / portfolio holdings/ NAV etc. in respect of my/our investments under Direct Plan in the scheme(s) of Mahindra Manulife Mutual Fund, to the above mentioned SEBI Registered Investment Advisor (RIA) or SEBI Registered Portfolio Manager (PMRN). EUIN Declaration (only where EUIN box is left blank) (Refer General Instruction 1) c I/We hereby con rm that the EUIN box has been intentionally left blank by me/us as this transaction is executed without any interaction or advice by the employee/relationship manager/sales person of the above distributor/sub broker or notwithstanding the advice of in-appropriateness, if any, provided by the employee/relationship manager/sales person of the distributor/sub broker.
Sign Here Sign Here Sign Here Sole/First Applicant/Guardian/Karta Second Applicant Third Applicant
TRANSACTION CHARGES FOR APPLICATIONS THROUGH DISTRIBUTORS ONLY (Refer General Instruction 2)
(Please (3) any one) c I am a rst time investor in Mutual Funds c I am an existing investor in Mutual Funds (Default) In case the purchase/ subscription amount is Rs. 10,000 or more and your Distributor has opted in to receive Transaction Charges, the same are deductible as applicable from the purchase/subscription amount and payable to the Distributor. Transaction Charges in case of investments through SIP/Micro SIP are deductible only if the total commitment of investment (i.e. amount per SIP/Micro SIP installment x No. of installments) amounts to Rs. 10,000/- or more and shall be deducted in 3-4 installments. Units will be issued against the balance amount invested. Upfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based on the investors’ assessment of various factors including the service rendered by the ARN Holder. 1. Applicant’s Personal Details (in BLOCK LETTERS) First / Sole Applicant Second Applicant / Guardian / PoA Holder Third Applicant Name
PAN Applicants must ensure that the sequence of the names as mentioned in the application form matches with that of bene ciary account held with the Depository Participant.
2. Details of Bank Account for Blocking of Funds
Bank Account Number Bank Name
Bank Address Amount to be blocked Amount to be blocked (Rs. in gures) (Rs. in words)
3. Sub-Plan(s) / Option(s) Amount (in Rs.) ISIN Regular Plan - Growth Regular Plan - IDCW Reinvestment Regular Plan - IDCW Payout Direct Plan - Growth Direct Plan - IDCW Reinvestment Direct Plan - IDCW Payout
4. Demat Account Details (Mandatory) Please (3) Bene ciary NSDL DP NAME ______DP ID I N Account No. Bene ciary CDSL DP NAME ______Account No. The investors shall receive payments of Redemption/IDCW proceeds in the Bank Account linked to the Demat A/c.
& TEAR HERE & Mahindra Manulife Flexi Cap Yojana Acknowledgement Slip (To be lled by the Applicant) An open ended dynamic equity scheme investing across large cap, mid cap, small cap stocks
Received from
ASBA Form Dated D D M M Y Y Y Y Amount to be Blocked (Rs.)
SCSB (Bank & Branch) Bank Account No. Submission Date D D M M Y Y Y Y
IDCW: Income Distribution cum Capital Withdrawal MAHINDRA MANULIFE FLEXI CAP YOJANA 5. Declarations & Signatures
General Declaration: information, I/We would not hold the AMC / the Fund, their appointed service providers I/We am/are not prohibited from accessing capital markets under any order/ruling/judgment or representatives responsible. I/We will indemnify the Fund, AMC, Trustee, RTA and other etc., of any Regulation, including SEBI. I/We con rm that my application is in compliance with intermediaries in case of any dispute regarding the eligibility, validity and authorization applicable Indian and foreign laws. I / We hereby con rm and declare as under:- of my/our transactions. (1) I / We have read, understood and hereby agree to comply with the terms and conditions of (8) The ARN holder (AMFI registered Distributor) has disclosed to me/us all the commissions the scheme related documents (i.e. Scheme Information Document, Statement of (in the form of trail commission or any other mode), payable to him/them for the different Additional Information and Key Information Memorandum) and apply for allotment of competing Schemes of various Mutual Funds from amongst which the Scheme is being Units of the Mahindra Manulife Flexi Cap Yojana ('the Scheme') of Mahindra Manulife recommended to me/us. Mutual Fund ('the Fund') indicated above. (9) I/We do not have any existing Micro Investments which together with the current Micro (2) I/We am/are eligible Investor(s) as per the scheme related documents and am/are Investment application will result in aggregate investments exceeding Rs. 50,000/- in a authorised to make this investment as per the Constitutive documents/ authorization(s). year (applicable to Micro Investment investors only). The amount invested in the Scheme is derived through legitimate sources only and is not (10) I / We con rm that I / We are not residents(s) of Canada as de ned under the applicable held or designed for the purpose of contravention of any Act, Rules, Regulations or any laws of Canada. statute or legislation or any other applicable laws or any Noti cations, Directives of the (11) I/WE HEREBY CONFIRM THAT I/WE HAVE NOT BEEN OFFERED/ COMMUNICATED ANY provisions of the Income Tax Act, Anti Money Laundering Laws, Anti Corruption Laws or INDICATIVE PORTFOLIO AND/ OR ANY INDICATIVE YIELD BY THE FUND/AMC/ITS any other applicable laws enacted by the Government of India from time to time. I/We DISTRIBUTOR FOR THIS INVESTMENT. con rm that the funds invested in the Scheme, legally belongs to me/us. In event “Know Applicable to NRIs only : Your Customer” process is not completed by me/us to the satisfaction of the Fund, I/we I / We con rm that I am / we are Non-Residents of Indian Nationality / Origin and that the funds hereby authorize the Fund, to redeem the funds invested in the Scheme, in favour of the are remitted from abroad through approved banking channels or from my / our NRE / NRO / applicant, at the applicable NAV prevailing on the date of such redemption and FCNR Account. I / We con rm that the details provided by me / us are true and correct. undertake such other action with such funds that may be required by the law. ASBA Authorizations: (3) I / We have not received nor have been induced by any rebate or gifts, directly or indirectly, 1) I/We hereby undertake that I/We am/are an ASBA applicant(s) as per the applicable in making this investment. provisions of the SEBI (Issue of Capital and Disclosure Requirements) (Amendment) (4) The information given in / with this application form is true and correct and further agree Regulations, 2011. 2) In accordance with ASBA process provided in the SEBI (Issue of Capital to furnish such other further/additional information as may be required by the Mahindra and Disclosure Requirements) (Amendment) Regulations, 2011, I/We authorize (a) the SCSB to Manulife Investment Management Private Limited (Formerly known as Mahindra Asset do all acts as are necessary to make an application in the NFO of the Mahindra Manulife Management Company Private Limited) / the Fund and undertake to inform the AMC / Flexi Cap Yojana, including uploading of application details, blocking the amount to the extent the Fund/Registrars and Transfer Agent (RTA) in writing about any change in the mentioned above in the “Details of Bank Account for Blocking of Funds” or unblocking of funds information furnished from time to time. in the bank account maintained with the SCSB speci ed in the form, transfer of funds to the (5) That in the event, the above information and/or any part of it is/are found to be false/ nominated Mahindra Manulife Mutual Fund Bank Account on receipt of instruction from the untrue/misleading, I/We will be liable for the consequences arising therefrom. Registrar to the New Fund Offer after nalisation of allotment entitling me/us to receive Units (6) I/We hereby authorize you to disclose, share, remit in any form/manner/mode the above on such transfer of funds. (b) Registrar to the Mahindra Manulife Mutual Fund to issue information and/or any part of it including the changes/updates that may be provided by instructions to the SCSB to remove the block on the funds in the bank account speci ed in the me/us to the Fund, its Sponsor/s, Trustees, AMC, its employees, agents and third party ASBA Form, upon allotment and to transfer the requisite money to Mahindra Manulife Mutual service providers, SEBI registered intermediaries for single updation/ submission, any Fund’s nominated Bank account. 3) In case the amount available in the bank account speci ed Indian or foreign statutory, regulatory, judicial, quasi- judicial authorities/agencies in the ASBA Form is insufficient for blocking the amount equivalent to the application money, including but not limited to Financial Intelligence Unit-India (FIU-IND) etc without any the SCSB shall reject the application. 4) If the DP ID, Bene ciary ID or PAN furnished by me/us in intimation/advice to me/us. the ASBA Form is incorrect or incomplete, the application shall be rejected and Mahindra (7) If the transaction is delayed or not effected at all for reasons of incomplete or incorrect Manulife Investment Management Private Limited (Formerly known as Mahindra Asset Management Company Private Limited) (Investment Manager to Mahindra Manulife Mutual Fund), their appointed service providers and the SCSBs representatives shall not be liable for Date D D M M Y Y Y Y Place losses, if any.
Sign Here Sign Here Sign Here
First / Sole Applicant/ Guardian / PoA Holder / Karta Second Applicant Third Applicant Note: To be signed as per mode of operation of the Bank Account
ASBA Instructions
A. Self Certi ed Syndicate Bank (SCSB): SCSB is a bank which offers the facility of applying through the ASBA process. For the complete list of SCSBs with details of controlling/designated branches please refer to websites : http://www.sebi.gov.in , http://www.nseindia.com and http://www.bseindia.com. B. Investors Demat Account details: • It is mandatory to provide Demat Account details in ASBA Application Form as the units will be credited in the Demat Account speci ed in ASBA Application Form. • Applicant should ensure that the Demat Accounts speci ed in the ASBA Application Form are active i.e. not frozen or suspended. • Applicant to note that in case the DP-ID, bene ciary account no. or PAN provided in the ASBA Application Form are incorrect or do not match with the records of Depositories (NSDL or CDSL), the applications will be rejected. C. Bank Account details: • Applicants should provide Bank Account details from which the application amount is to be blocked along with Bank & Branch name and application amount. • Applicant should maintain sufficient balance in the Bank Account in which application amount is to be blocked. In case of insufficient funds in the speci ed Bank Account the application is liable to be rejected. • Applicant can make application for maximum upto 5 ASBA Applications from a single Bank Account with a Bank. • It may be noted that no application will be accepted for subscription to units of schemes of Mahindra Manulife Mutual Fund where such application is accompanied by Third Party Payment other than the exceptions allowed. ‘Third-Party Payment’ means a payment made through instruments issued from a bank account other than that of bank account of rst named applicant/investor. Please refer to point no. 8 of the General Instructions for details. D. Please refer to point no. 20 of General Instructions. COMMON SIP/ TOP-UP SIP REGISTRATION/UPGRADE CUM DEBIT MANDATE FORM
First time investors subscribing to the Scheme through SIP-NACH / Auto Debit to complete this form compulsorily along with the Main Application Form. (Please read 'Terms & Conditions for SIP through NACH / Auto Debit' overleaf) and general instruction 7.6. The Application Form should be completed in English and in BLOCK LETTERS only. KEY PARTNER / AGENT INFORMATION (Refer General Instruction 1) ARN & ARN Name Sub Agent's ARN / Employee Unique RIA/PMRN Name & Code Internal Code for FOR OFFICE USE ONLY Bank Branch Code Identi cation Number (EUIN) Sub-Agent / Employee (TIME STAMP)
Consent for sharing Transaction Feed with RIA/PMRN (Applicable for investments through RIA/PMRN only): c I/We hereby give my/our consent to share/provide the transaction feed / portfolio holdings/ NAV etc. in respect of my/our investments under Direct Plan in the scheme(s) of Mahindra Manulife Mutual Fund, to the above mentioned SEBI Registered Investment Advisor (RIA) or SEBI Registered Portfolio Manager (PMRN). EUIN Declaration (only where EUIN box is left blank) (Refer General Instruction 1): c I/We hereby con rm that the EUIN box has been intentionally left blank by me/us as this transaction is executed without any interaction or advice by the employee/relationship manager/sales person of the above distributor/sub broker or notwithstanding the advice of in-appropriateness, if any, provided by the employee/relationship manager/sales person of the distributor/sub broker.
Sign Here First/ Sole Applicant/ Guardian / PoA Holder / Karta Sign Here Second Applicant Sign Here Third Applicant TRANSACTION CHARGES FOR APPLICATIONS THROUGH DISTRIBUTORS ONLY (Refer General Instruction 2) (Please (3) any one) c I am a rst time investor in Mutual Funds c I am an existing investor in Mutual Funds (Default) In case the purchase/ subscription amount is Rs. 10,000 or more and your Distributor has opted in to receive Transaction Charges, the same are deductible as applicable from the purchase/subscription amount and payable to the Distributor. Transaction Charges in case of investments through SIP/Micro SIP are deductible only if the total commitment of investment (i.e. amount per SIP/Micro SIP installment x No. of installments) amounts to Rs. 10,000/- or more and shall be deducted in 3-4 installments. Units will be issued against the balance amount invested. Upfront commission shall be paid directly by the investor to the ARN Holder (AMFI registered Distributor) based on the investors’ assessment of various factors including the service rendered by the ARN Holder. (3) c SIP/ Top-Up SIP c Micro SIP c Change in Bank Account (Proceed directly to ll the NACH mandate and provide a cancelled cheque) 1. Investment and SIP Details: First / Sole Investor Name Folio No.(Existing Unitholder) KYC Identi cation Number PAN / PEKRN^ Enclosed (✓) #KYC Proof ¹ Existing UMRN (If UMRN is registered in the folio)
PAYMENT THROUGH c SINGLE CHEQUE c MULTIPLE CHEQUES Refer Note (i) and general instruction 5 D. New Scheme/Plan/Option/Sub-option SIP Frequency SIP Date(s) for Period Top-Up for Monthly & Quarterly Frequency (Optional) SIP/Upgrade (Mention Cheque details, if attached) Installment Monthly/Quarterly (Refer instruction 1b) Existing SIP Amount (`) Frequency ount (includ (Refer Instruction 1(a) ) Top-Up Details CAP Details (Optional) Frequency ^^ ¹ New 1. Mahindra Manulife ¹ Daily 1 2 3 4 5 6 7 8 Start: M M Y Y Y Y Amount*(`) CAP Amount*(`) ¹ Yearly* ¹ Upgrade ¹ 9 10 11 12 13 14 15 16 Monthly* End : M M Y Y Y Y Or Or ¹ Half-yearly 17 18 19 20 21 22 23 24 ¹ Percentage CAP Month-Year D D M M Y Y Y Y ¹ or Until cancelled* Cheque No. Quarterly M M Y Y Y Y 25 26 27 28 29 30 31
^^ ¹ New 2. Mahindra Manulife ¹ Daily 1 2 3 4 5 6 7 8 Start: M M Y Y Y Y Amount*(`) CAP Amount*(`) ¹ Yearly* ¹ Upgrade ¹ 9 10 11 12 13 14 15 16 Monthly* End : M M Y Y Y Y Or Or ¹ Half-yearly 17 18 19 20 21 22 23 24 ¹ Percentage CAP Month-Year D D M M Y Y Y Y ¹ or Until cancelled* Cheque No. Quarterly M M Y Y Y Y 25 26 27 28 29 30 31 * Default Option. Note: (i) In case of, Payment through single cheque, the cheque/DD should be issued in favour of 'Mahindra Manulife MF Multiple Scheme' for the total investment amount mentioned below and the cheque/DD details need to be lled only once. (ii)Top-Up SIP facility is available only through NACH debit mandate. For Upgrading ll complete information for active SIP. In case of Quarterly SIP and Percentage based Top up, only Yearly Top-up frequency is available. Percentage based Top-up feature is not available for Mahindra Manulife ELSS Kar Bachat Yojana . CAP Amount: Max SIP installment amount (including Top-up). In case, the SIP installment amount exceeds the maximum amount mentioned in the debit mandate, the SIP will continue with the last SIP installment amount. CAP Month-Year: Month-Year from which SIP Top-Up will be discontinued. only ^^ Daily frequency is available for Mahindra Manulife Flexi Cap Yojana ^^ Daily frequency is available for Mahindra Manulife Flexi Cap Yojana No. of PDC cheque leaves: SIP 1, SIP 2 Debit Bank Name: SIP 1, SIP 2 PDC Facility is only available for Monthly and Quarterly SIPs. For Daily SIP, Direct Debit/ NACH mandate is necessary. For existing investors if 1st SIP Installment is through NACH mandate attach ¹ Blank cancelled cheque OR ¹ Copy of cheque 2. Demat Account Details (Optional) NSDL DP NAME DP ID I N Bene ciary Account No. CDSL DP NAME Bene ciary Account No. The investors shall receive payments of Redemption/ IDCW proceeds in the Bank Account linked to the Demat A/c. ^Refer General instruction No 15 in the KIM for PAN/PEKRN. # Please attach KYC proof if not already KYC validated Sign Here Declaration : I/We have read and understood the contents of the Scheme Information Document and Statement of Additional Information and the terms & conditions of SIP enrolment through Auto Debit/NACH and agree to abide by the same. I /We hereby apply for enrolment under the SIP of above mentioned Scheme - Plan(s) / Option(s) and agree to abide by the terms and conditions of the same. I/We hereby declare that the First/ Sole Applicant / Guardian / PoA Holder / Karta particulars given above are correct and express my willingness to make payments referred through participation in NACH/Auto Debit. I/We authorise the bank to honour the instructions as mentioned in the application Sign Here form. I/We also hereby authorise bank to debit charges towards veri cation of this mandate, if any. I/We agree that the AMC/Mutual Fund (including its affiliates), and any of its officers directors, personnel and employees, shall not be held responsible for any delay/wrong debits on the part of the bank for executing the Auto Debit instruction of additional sum on a speci ed date from my account. If the transaction is delayed or Second Applicant not effected at all for reasons of incomplete or incorrect information, I/We would not hold the user institution of this mandate form responsible. I/We undertake to keep sufficient funds in the funding account on the date of execution of standing instruction. I/We have not received nor been induced by any rebate or gifts, directly or indirectly, in making this investment. The ARN holder has disclosed to me/us all the commissions(in the form Sign Here of trail commission or any other mode), payable to him/them for the different competing Schemes of various Mutual Funds from amongst which the Scheme is being recommended to me/us. Third Applicant
& TEAR HERE & One Time Bank Mandate ( NACH/Direct Debit Mandate Form)
UMRN Date : D D M M Y Y Y Y
Sponsor Bank Code K K B K 0 R T G S M I Utility Code N A C H 0 0 0 0 0 0 0 0 0 0 3 2 6 2
(Please ✓) I/We hereby authorize Mahindra Manulife Mutual Fund to debit (Please ✓) ¹ SB ¹ CA ¹ CC ¹ SB-NRE ¹ SB-NRO ¹ Others______✓ CREATE Bank Account Number IFSC MODIFY CANCEL with Bank Or MICR an amount of Rupees ` In Figures Frequency : ¹ Monthly ¹ Quarterly ¹ Half Yearly ¹ Yearly ¹✓ As & when presented Debit Type : ¹ Fixed Amount ¹✓ Maximum Amount Folio No. Phone PAN E-mail 1. I agree for the debit of mandate processing charges by the bank whom I am authorizing to debit my account as per latest schedule of charges of the banks. 2. This is to con rm that the declaration has been carefully read, understood & made by me/us. I am authorising the user entity/Corporate to debit my account, based on the instructions as agreed and signed by me. I have understood that I am authorised to cancel / amend this mandate by appropriately communicating the cancellation/amendment request to the user entity/Corporate or the bank where I have authorised debit.
From _____/_____/______DD MM YYYY Sign Here Signature of Primary Bank Account Holder Signature of Bank Account Holder Signature of Bank Account Holder To _____/_____/______DD MM YYYY
PERIOD Name as in bank records Name as in bank records Name as in bank records Or ¹ Until Cancelled Name IDCW: Income Distribution cum Capital Withdrawal Terms & Conditions for SIP/ Top-Up SIP a. Direct Debit mandate through select banks with 1 (a). SIP facility is offered by the Scheme subject to following terms and conditions: nts of Rs. 500/- each and in multiples of Rs. whom AMC may have an arrangement, from time to time. 500/- thereafte b. National Automated Clearing House (NACH) Facility Particulars Frequency available (Default Frequency: Monthly) Daily Monthly Quarterly 6 installments of Rs. 1,000/- each and in multiples SIP Transaction Dates All business days Any date* of Re. 1/- thereafter For SIPs being registered through Post Dated Cheque ('PDC') mode, available SIP dates will be 1st, 5th, 10th, 15th, 20th or 25th of the month under the monthly/quarterly frequency. 6 installments of Rs. 1,000/- each and in multiples of Re. 1/- Minimum no. of installments and For MMFCY - 6 installments of Rs. 500/- each and in For MMEKBY - 6 installments of Rs. 500/- each and in For MMEKBY - 4 installments of Rs. 1500/- each thereafter Minimum amount per installment multiples of Re. 1/- thereafter. multiples of Rs. 500/- thereafter; For schemes other and in multiples of Rs. 500/- thereafter; For than MMEKBY - 6 installments of Rs. 500/- each and in schemes other than MMEKBY -4 installments of multiples of Re 1 thereafter. Rs. 1500/- each and in multiples of Re 1 thereafter.
Mode of Payment National Automated Clearing House (NACH) Facility a. Direct Debit mandate through select banks with whom AMC may have an arrangement, from time to time. b. Post-Dated Cheques (PDC) c. National Automated Clearing House (NACH) Facility.
* If any SIP installment due date falls on a non-Business day, then the respective transactions will be processed on the next Business day. However, in case the chosen date is not available in a particular month, the SIP will be processed on the last day of that month. E.g., if selected date is 31st, SIP installment for the month of September will be processed on 30th September. However, if 30th September happens to be a Non-Business Day, the SIP will be processed on the immediate next Business Day. Note: Anyone or more SIP transaction dates from the available dates can be selected by the Unit Holders under the Monthly and Quarterly frequencies. SIP amount (including Top Up) will be restricted to amount mentioned in Direct Debit / NACH Mandate Form. MMFCY: Mahindra Manulife Flexi Cap Yojana; MMEKBY: Mahindra Manulife ELSS Kar Bachat Yojana 1 (b). Top-Up SIP Speci cations facility available for monthly and quarterly frequencies only Minimum Top-up installment Top Up Frequency Particulars For schemes other than MMEKBY For MMEKBY For Monthly SIP For Quarterly SIP
Top up by Amount Rs. 100 and in multiples of Rs 100 thereafter Rs. 500 and in multiples of Rs 500 thereafter l Yearly l Half Yearly l Yearly
Top up by Percentage 10% and in multiples of 1% thereafter. Not available l Yearly Rounded off to nearest next multiple of Rs. 10. Note: Existing investors will be required to submit a request for upgrade from SIP to Top-up SIP at least 10 calendar days prior to the next SIP date. In case of Monthly SIP, if the investor has chosen half-yearly Top-Up frequency, the SIP amount will increase after every 6 SIP monthly cycle dates by the amount indicated and if the investor has chosen Yearly Top-Up frequency, the SIP amount will increase after every 12 SIP monthly cycle dates by the amount/percentage indicated. For Quarterly SIPs, only Yearly frequency is available for Top-up and the SIP amount will increase after every 4 SIP quarterly cycle dates by the indicated amount / percentage. If the Investor does not specify either the Top-up amount/percentage or speci es both, the SIP application will be processed by default with the Minimum Top –up installment amount as per above table. The Top-up details cannot be modi ed once enrolled. In order to make any changes, the Investor must cancel the existing SIP and enroll for a fresh SIP with revised Top up details. Default Mode – Top-up by amount. Default Top-up frequency – Yearly. 2. New Investors should mandatorily give a cheque for the rst transaction. Subsequent SIP cheques should be of the same amount as the total amount of rst SIP cheque. 3. If the SIP period is not speci ed by the investor then the SIP enrollment will be deemed to be for perpetuity and processed accordingly. 4. a. SIP Cap Amount: Investor shall have an option to freeze the SIP installment amount (including Top-ups applied at periodic intervals) by specifying a SIP Cap amount. The SIP Cap amount shall be less than or equal to the amount mentioned by the Investor in the NACH Debit Mandate. In case the SIP Cap amount speci ed by the Investor is higher than the NACH Debit Mandate amount, then the amount mentioned in the NACH Debit Mandate shall be considered for applying Top-ups and processing of SIP installments until the end of SIP tenure. b. SIP Cap Month-Year: Investor shall have an option to freeze the SIP installment amount (including Top-ups applied at periodic intervals) from a prespeci ed month and year. From this prespeci ed month and year onwards, the SIP Top-Ups will be discontinued and the last topped up SIP installment will remain constant until the end of SIP tenure. Note: Investor shall have a exibility to choose either SIP Cap Amount or SIP Cap Month-Year. In case of multiple selections, SIP Cap amount will be considered as default selection. 5. The rst installment will be processed at Applicable NAV based on time stamping. In case of SIP for an amount of Rs. 2 lakh and above, the Applicable NAV of the Scheme will be based on funds available for utilizations, as stated in KIMs/SIDs. There should be a gap of at least 30 calendar days between the rst SIP installment and the second SIP installment / SIP Auto Debit "Start" date mentioned in the debit mandate form. The SIP Auto Debit shall start from the selected "Start" date mentioned by the investor, subject to completion of successful SIP Auto Debit mandate veri cation and registration formalities at least 10 calendar days prior to the "Start" date speci ed in the debit mandate form. 6. In case of MMEKBY each SIP installment will be subject to a Lock In period of three years from the date of allotment of Units. 7. In case any cheque submitted by the investor for any SIP installment is dishonoured by the Bankers for the reason of account of investor is closed, the AMC would discontinue the SIP immediately. 8. The SIP enrollment will be discontinued if: a. 3 consecutive SIP installments in case of Daily, Monthly & Quarterly frequency are not honoured. b. the Bank Account (for Standing Instruction) is closed and request for change in bank account (for Standing Instruction) is not submitted at least 30 calendar days before the next SIP Auto Debit installment due date. 9. SIP registered for more than one date or all dates of the month under the Monthly / Quarterly frequency, will be considered as separate SIP instruction for the purpose of ful lling the “Minimum no. of installments” criteria. 10. Under Daily SIP frequency, the SIP installments will be processed ONLY on Business Days. For Example: If Wednesday happens to be a Non-business day, the SIP installment of that day will NOT be processed on the next Business day. 11. SIP in a folio of a minor will be registered only upto the date of minor attaining the majority even though the instruction may be for the period beyond that date. 12. The Load structure prevailing at the time of submission of the SIP application (whether fresh or extension) will apply for all the Installments indicated in such application. 13. The SIP mandate may be discontinued by a Unit holder by giving a written notice of 30 calendar days to any of the Official Point(s) of Acceptance. 14. The facility will be automatically terminated upon receipt of intimation of death of the Unit holder. 15. The investors can also subscribe Units through SIP in Demat (electronic) mode for the Scheme. However the Units will be allotted based on applicable NAV of the Scheme and will be credited to investor’s Demat (Bene ciary) Account on weekly basis on realization of funds, e.g. Units will be credited to investor’s Demat (Bene ciary) account every Monday (or next business day, if Monday is a non-business day) for realization status received in last week from Monday to Friday. 16. Investors will not hold Mahindra Manulife Mutual Fund / Mahindra Manulife Investment Management Private Limited (Formerly known as Mahindra Asset Management Company Private Limited) (MMIMPL), its Registrar and other service providers responsible, if the transaction is delayed or not affected or the investor’s bank account is debited in advance or after the speci c SIP date. 17. The rst cheque should be drawn on the same bank account which is to be registered for Debit. Alternatively, the cheque may be drawn on any bank, but provide a photocopy of the cheque of the bank / branch for which Debit is registered. 18. Mahindra Manulife Mutual Fund / MMIMPL, it’s Registrar and other service providers shall not be responsible and liable for any damages/ compensation for any loss, damage etc., incurred by the investor. The investor assumes the entire risk of using this facility and takes full responsibility.
& TEAR HERE &
Terms & Conditions - NACH / Auto Debit 1. NACH debit facility is offered at various banks. For a detailed list of banks please refer the website www.npci.org.in. 2. This facility is offered only to the investors having bank accounts with above mentioned Banks. Above list is subject to modi cation/updation at any time in future at the sole discretion of MMIMPL, without assigning any reason or prior notice. If any bank is removed, SIP instructions of investors for such banks via NACH will be discontinued without any prior notice. 3. By signing the NACH mandate form the investor agrees to abide by the terms and conditions of NACH facility through NPCI (www.npci.org.in). 4. a. New/Existing investors who wish to enroll for SIP through NACH should ll the SIP Application Form and the Registration cum Mandate Form for NACH. b. The Registration cum Mandate Form for NACH should be submitted at least 30 calendar days prior to next SIP cycle date. c. Unique Mandate Registration Number (UMRN) is auto generated by NPCI during the mandate creation for the rst time. Investors, who do not have the UMRN, please leave it blank. UMRN would be linked to the folio and maximum length is 20 characters comprising of Alpha Numeric Character allotted by NPCI. d. Investors who already have UMRN registered under the folio can ll up the SIP Registration cum Mandate Form for NACH and should be submitted at least 10 working days before the date of the rst debit through NACH. 5. Please provide the cancelled cheque leaf of the Bank A/c no. for which NACH facility is registered. 6. Investors need to mandatorily ll the SIP Registration Cum Mandate form for NACH for any amendment and cancellation quoting their UMRN by giving 30 calendar days prior notice to any of the investor service centre. 7. Investor can choose to discontinue the SIP facility under folio without cancelling the UMRN by giving 30 calendar days prior notice to any of the Investor Service Centre. 8. IFSC is a 11 digit number given by some of the banks on the cheques. MICR is the 9-digit code that appears on your cheque next to the cheque number. 9. In case of existing investor, if application is received without existing UMRN then the last UMRN registered in the folio would be considered. Terms & Conditions - Auto Debit Auto Debit: The Auto Debit Facility will be made available only with the banks with which MMIMPL or its service provider may have tie up for Auto Debit from time to time. Please contact Mahindra Manulife Mutual Fund Investor Service Centre for updated list of banks/ branches eligible for Auto Debit Facility. CHECKLIST
Application Form is complete in all respect. Name, address & contact details are mentioned in full and signed by all applicants. Bank account details stated are complete and correct. In case investment cheque is from a different bank account, original cancelled cheque copy is attached. Permanent Account Number (PAN) for all applicants as applicable is mentioned. Preferred investment option i.e. whether Growth or IDCW Payout or IDCW Reinvestment is mentioned clearly. The cheque / demand draft should be drawn favouring the name of the scheme & crossed as “Account Payee Only”, dated and duly signed. Application Number / Folio Number and applicant’s name and / or PAN is mentioned on the reverse of each cheque. Demat A/c details are filled correctly in the form. Please provide self attested Client Master list Copy (where applicable). Details of applicants provided matches exactly with those in the Depository. Not a Resident of Canada. Accompanying Documents Please submit the following documents with your application (where applicable). All documents should be original / true copies by a Partner / Director / Trustee / Company Secretary / Authorised Signatory, etc.
Documents Individuals1 Companies Societies Partnership Investments Trust NRI FPI2 Sole Minor Firms through PoA Proprietor Resolution / Authorisation to invest 3 3 3 3 3 Trust Deed 3 Bye - Laws 3 Partnership Deed 3 SEBI Registration / Designated Depository 3 Participant Registration Certificate Proof of Date of birth 3 Notarised Power of Attorney 3 Foreign Inward Remittance Certificate, in case payment is made by DD from NRE / FCNR a/c, where applicable 3 KYC Acknowledgement 3 3 3 3 3 3 3 3 3 3 Demat Account Details (Client Master List Copy)3 3 3 3 3 3 3 3 3 3 3 FATCA CRS/UBO Declaration 3 3 3 3 3 3 3 3 3
1 Self attestation is mandatory. 2 Copy of Designated Depository Participant registration certificate (for FPI) should be provided. 3 In case Units are applied in Electronic (Demat) mode.
INSTRUCTIONS FOR APPLICATION FORM(S)
1. Please read the terms of the Key Information Management Company Private Limited) (MMIMPL/ Direct Investments Memorandum/ Scheme Information Document AMC) /Mahindra Manulife Trustee Private Limited Investors applying Directly must mention “Direct” in the (SID)/ Statement of Additional Information (Scheme (Formerly known as Mahindra Trustee Company Private ARN column. In case distributor code is mentioned in the Documents) carefully before investing in the Scheme. Limited) (MMTPL/Trustee) have absolute discretion to Application Form, but “Direct Plan” is indicated against Upon signing and submitting the Application Form and reject any such Application Forms. the Scheme name, the distributor code will be ignored tendering payment it will be deemed that the investors Copies of the supporting documents submitted should and the application will be processed under Direct Plan. have accepted, agreed to and shall comply with the terms be accompanied by originals for verification. In case In case of valid application received without indicating and conditions detailed in the Scheme Documents. the original of any document is not produced for “Direct Plan” against the Scheme / Plan name and without any distributor code mentioned on the form, Applications complete in all respects, may be submitted verification, Mutual Fund/ AMC reserves the right to the application will be processed under “Direct Plan”. at the Official Points of Acceptances. seek attested copies of the supporting documents. 2. TRANSACTION CHARGES New Investors wishing to make SIP investment will No request for withdrawal of application will be need to complete and submit both the Application allowed. In accordance with SEBI circular No. Cir/ IMD/ DF/13/ Form and the SIP Enrolment Form (for Post Dated Investments through distributors 2011 dated August 22, 2011, as amended from time to time the AMC/ the Fund will deduct Transaction Cheques or for Auto Debit / NACH as applicable). As per directions of Securities and Exchange Board of Existing investors wishing to make SIP investment will Charges from the purchase/ subscription amount India (SEBI), Investors can route their Application Forms received from the investors investing through a valid need to complete and submit ONLY the SIP Enrolment directly and /or through the distributors /employees Form (for Post Dated Cheques or for Auto Debit / NACH ARN Holder i.e. AMFI registered Distributor (provided of the distributor who hold a valid certification from the Distributor has opted-in to receive the Transaction as applicable), mentioning their folio number in the SIP the National Institute of Securities Markets (NISM) and Charges). The Distributor may opt to receive enrolment form. ARN provided by AMFI. Further, no agents/ distributors transaction charges based on the type of product. Please tick in the appropriate box for relevant options are entitled to sell units of mutual funds unless the Transaction Charge of Rs. 150 (for a first time wherever applicable. Do not overwrite. For any intermediary is registered with Association of Mutual investor across mutual funds) or Rs. 100 (for correction / changes if made in the Application Form, Funds in India (AMFI). investor other than first time mutual fund investor) the Applicant(s) shall enter the correct details pursuant Employee Unique Identification Number (EUIN) per purchase / subscription of Rs. 10,000 and above to cancellation of incorrect details and authenticate Every employee/ relationship manager/ sales person are deductible from the purchase / subscription the corrected details by counter-signing against the of the distributor of mutual fund products is required amount and payable to the Distributor. The balance changes. to quote the EUIN obtained by him/her from AMFI in amount shall be invested. Investors can also subscribe to the Units of the Regular the Application Form. Investors are requested to verify TRANSACTION CHARGES IN CASE OF INVESTMENTS Plan of the Scheme through the mutual fund trading the AMFI registration details from their Distributor. THROUGH SIP: platforms viz. BSE StAR MF of Bombay Stock Exchange However, in exceptional cases, where there is no Limited and Mutual Fund Service System (MFSS) of interaction by the employee/ sales person/relationship Transaction Charges in case of investments through National Stock Exchange of India Limited. For further manager of the distributor/sub broker with respect SIP are deductible only if the total commitment of investment (i.e. amount per SIP installment x No. of details, investors are advised to contact ISCs of to the transaction and EUIN box is left blank, you are installments) amounts to Rs. 10,000 or more. In such Mahindra Manulife Mutual Fund or visit our website required to provide the duly signed declaration to the cases, Transaction Charges shall be deducted in 3-4 www.mahindramanulife.com effect as given in the form. installments. The Application Form number / Folio number should be Overseas Distributors Transaction Charges shall not be deducted: written by the Investors on the reverse of the cheques For Overseas Distributors, the ARN Code provided and bank drafts accompanying the Application Form. by AMFI is required to be incorporated in the space (a) where the distributor of the investor has not opted Applications incomplete in any respect are liable to be provided. Overseas Distributors are required to comply to receive any Transaction Charges; rejected. Mahindra Manulife Investment Management with the laws, rules and regulations of jurisdictions (b) for purchases / subscriptions / SIP Commitment of Private Limited (Formerly known as Mahindra Asset where they carry out their operations in the capacity of an amount less than Rs.10,000/-; distributors.
1 (c) for transactions other than purchases/ subscriptions (applicable for first/sole applicant) is required to U.S. person will be accepted only at the official relating to new inflows i.e. through Switches etc.; be provided as part of Client Due Diligence (CDD) points of acceptance of transactions of the (d) for purchases / subscriptions made directly with the Process of the Fund. Fund in India. Additionally, such transactions Fund (i.e. not through any distributor). The said details are mandatory for all investors. in physical application form(s) will also be accepted through Distributors of the AMC and *PEP are defined as individuals who are or have (e) for purchases / subscriptions routed through Stock other platforms in India, subject to receipt of been entrusted with prominent public functions Exchange(s) as applicable. such additionaldocuments/undertakings, etc., in a foreign country, e.g., Heads of States or as may be stipulated by the AMC / Trustee Please indicate if First / Sole Applicant is a first time of Governments, senior politicians, senior from time to time. investor across Mutual Funds or an existing investor in Government/judicial/ military officers, senior the appropriate box provided for this purpose in the executives of state owned corporations, important The investor shall be responsible for complying Application Form. The AMC/ Fund will endeavor to political party officials, etc. with all applicable laws for such investments. identify the investor as “first time” or “existing” based on The AMC/Trustee reserves the right to put the C. Details under Foreign Account Tax Compliance the Permanent Account Number (PAN) / PAN Exempt KYC application form/transaction request on hold/ Act (FATCA) / Common Reporting Standard Reference No. (PEKRN) at the First / Sole Applicant level. reject the subscription/transaction request (CRS) / Foreign Laws: If the PAN/ PEKRN details are available, then the First/ and redeem the units, if already allotted, as the Sole Applicant will be treated as existing investor (i.e. Tax Regulations require the Fund / AMC to collect case may be, as and when identified by the Rs.100/- will be deducted as Transaction Charge) else the information about each investor’s tax residency. AMC that the same is not in compliance with declaration in the Application Form will be considered In certain circumstances (including if the Fund / the applicable laws, the terms and conditions (i.e. Rs.150/- for first time investors or Rs.100/- for other AMC do not receive a valid self-certification from stipulated by the AMC/Trustee from time to than first time investors will be deducted as Transaction the investor), the Fund / AMC may be obliged to time and/or the documents/undertakings Charge, as applicable). However, if an investor has not share the investor’s account information with the provided by such investors are not satisfactory. provided any declaration, he will be considered as an relevant tax authority. For any questions about tax Such redemption will be processed at the “existing” investor. residency, investors are advised to contact their applicable Net Asset Value and subject to respective tax advisors. Further if the investor is 3. EXISTING UNIT HOLDER INFORMATION applicable taxes and exit load, if any. a citizen or resident or green card holder or tax If an existing Unit Holder(s) subsequently becomes Investors/Unitholders already having a folio with resident other than India, investor(s) shall include a Resident of Canada, then such Unit Holder(s) will the Fund should fill in sections 1, 8 and 11 only. The all such countries in the tax resident country not be able to purchase any additional Units in any personal and the Bank Account details as they feature information field along with the Tax Identification of the Schemes of Mahindra Manulife Mutual Fund. in the existing folio would apply to this investment and Number or any other relevant reference ID/ would prevail over any conflicting information, if any, Number in the prescribed forms. If there is any The Mutual Fund reserves the right to include/ furnished in this form. In case the name of the Unit holder change in the information provided, investor(s) exclude new/existing categories of investors to as provided in this application does not correspond with shall promptly intimate the same to the Fund / invest in the Scheme from time to time, subject the name appearing in the existing folio, the application AMC within 30 days. FATCA/CRS due diligence to SEBI Regulations and other prevailing statutory form may be rejected, at the discretion of the AMC/ will be directed at each investor / Unit holder Regulations, if any. The Mutual Fund / Trustee / Fund. (including joint investor/Unitholder) and on being AMC may redeem Units of any Unitholder in 4 UNIT HOLDER INFORMATION identified as a reportable person, all the folios will the event it is found that the Unitholder has be reported. The AMC/Mutual Fund reserves the submitted information either in the application or A. Name, address and contact details like telephone, right to reject any application/freeze any folio(s) otherwise that is false, misleading or incomplete mobile and email address must be written in full. On held directly or beneficially for transactions in the or Units are held by any person in breach of the successful validation of the investor’s PAN for KYC, event the applicant/Unitholder(s) fail to furnish SEBI Regulations, any law or requirements of any the address provided in the KYC form will override the relevant information and/or documentation governmental, statutory authority. the address mentioned in the Application Form. in accordance with FATCA/CRS provisions and as E. KIN is a 14 digit unique number issued by the Central Applications under a Power of Attorney (PoA) must requested by the Fund/ AMC. KYC Registry (CKYCR) to individuals/Non-Individual be accompanied by the original Power of Attorney D. Who cannot invest? entities who have completed their KYC formalities or a certified true copy/duly notarized copy of through CKYCR. Those investors who have a KIN the same. Authorised officials should sign the The following persons/entities cannot invest in the from CKYCR, should quote their 14 digit KIN in the Application Form under their official designation. Scheme: application form. A list of specimen signatures of the authorised 1. Any individual who is a foreign national or any F. GST denotes “Goods & Services Tax” and GSTIN officials, duly certified / attested should also be other entity that is not an Indian resident under denotes GST Identification Number. Mahindra attached to the Application Form. the Foreign Exchange Management Act, Manulife Mutual Fund (MF) Head Office (HO) All communication and payments shall be made by 1999 (FEMA Act) except where registered location which is currently in Mumbai, Maharashtra the Fund in the name of and favouring the first / with SEBI as a FPI or otherwise explicitly shall be considered as “Service recipient location” sole applicant. In case of applications made in joint permitted under FEMA Act/ by RBI/ by any and accordingly if the Investor is in MF HO Location names without indicating the mode of holding, other applicable authority, or as stated in the State i.e. Maharashtra, CGST (Central GST @ 9%) and mode of holding will be deemed as ‘Joint’ and exception in paragraph 5 hereunder. SGST (State GST @ 9%) else IGST (Integrated GST @ processed accordingly. 2. Overseas Corporate Bodies (OCBs) 18%) shall be computed on the entry/exit load as In case an investor opts to hold the Units in demat 3. NRIs residing in Non-Compliant Countries and applicable according to features of the schemes. form, the applicant(s) details mentioned in Section Territories (NCCTs) as Identification of location for place of supply of 3, should be the same as appearing in demat determined by the Financial service (GST State Code) of the investor will be account held with a Depository Participant. Action Task Force (FATF), from time to time. based on the State Code of the investor’s address, Investments on Behalf of Minor: 4. Residents of Canada as defined under the updated in the folio and available at the time of processing the transaction. In addition to the existing procedures, the applicable laws of Canada. photocopy of supporting documents as 5. U.S. Person* (including all persons residing in U.S., 5. Mode of Payment enumerated below shall be mandatory submitted U.S. Corporations or other entities organised A. Subscription Bank Account Details while opening the account on behalf of minor: under the laws of U.S), except lump sum An investor at the time of his/her i. Birth certificate of the minor, or subscription and switch transaction requests purchase of units must provide the received from Non-resident Indians / Persons ii. School leaving certificate / Mark sheet issued details of his / her pay-in bank account of Indian origin who at the time of such by Higher Secondary Board of respective (i.e. account from which a subscription payment is investment, are physically present in India and states, ICSE, CBSE etc., or being made) in Section 8 in the Application Form. submit only a physical transaction request along iii. Passport of the minor, or with such documents / undertakings, etc. as B. Resident Investors iv. Any other suitable proof evidencing the date of may be prescribed by the AMC / Mutual Fund (a) For Investors having a bank account with such birth of the minor. from time to time, and subject to compliance banks with whom the AMC would have an In case of ambiguity in Date of Birth provided with all applicable laws and regulations prior arrangement from time to time: as per the application form/ updated from KYC to investing in the Scheme, and provided that Payment may be made for subscription to records vis-a-vis the document evidencing the date such persons shall not be eligible to invest the Units of the Scheme either by issuing a of birth of the minor, the date of birth as per such through the SIP route / systematic cheque drawn on such banks or by giving document will be considered and captured in our transactions. a debit mandate to their account with such records accordingly. *The term “U.S. Person” means any person that is other banks with whom the AMC may have an B. In accordance with SEBI Circular No. CIR/ a U.S. Person within the meaning of Regulation arrangement from time to time. S under the Securities Act of 1933 of the United MIRSD/13/2013 dated December 26, 2013, the (b) For other Investors not covered by (a) above: additional details viz. Occupation details, Gross States or as defined by the U.S. Commodity Annual Income/ Net-worth and Politically Exposed Futures Trading Commission or as per such Payment may be made by cheque or bank Person (PEP)* status mentioned under section further amended definitions, interpretations, draft drawn on any bank, which is a member 5 which was forming part of uniform KYC form legislations, rules etc., as may be in force from of the Bankers’ Clearing House, located at the will now be captured in the Application Form of time to time. place where the application is submitted. No the Fund. Also, the detail of nature of services viz. The physical application form(s) for money orders, outstation cheques, post dated Foreign Exchange/Gaming/ Money Lending, etc., transactions (in non-demat mode) from such cheques and postal orders will be accepted.
2 Bank charges for outstation demand drafts ii. sufficient systems and procedures in place. to note that applications for new folio creation will be borne by the AMC and will be limited to However, payment towards redemptions\dividend submitted (wherein pay-out bank details is different the bank charges stipulated by the State Bank (IDCW) etc. with respect to afore mentioned from pay-in bank details) without any of the above of India. Outstation Demand Draft has been investments shall be paid only through banking mentioned documents relating to payout bank account defined as a demand draft issued by a bank channel. details will be treated as invalid and liable to be rejected. where there is no ISC available for Investors. The Fund/ AMC is currently in the process of setting B. Pay- Out Bank Account Details in case of Minor The AMC will not accept any request for refund up appropriate systems and procedures for the (For Redemption only) of demand draft charges and applications said purpose. Appropriate notice shall be displayed In case of minor folio the redemption proceeds accompanied by Non-CTS cheques shall be on its website viz. www.mahindramanulife.com, as shall be credited in the bank account of minor or in liable for rejection, at the discretion of the well as at the Investor Service Centres, once the the joint account of the minor held with the same AMC/Fund. facility is made available to the investors. guardian (as registered in the folio). In case of minor C. NRIs, PIOs, OCIs F. Subcriptions through RTGS/ NEFT: folios where the existing payout bank account does not belong to the minor or is not a joint account of In the case of NRIs/PIOs/OCIs, payment Subscription through RTGS/NEFT can be done the minor held with the same guardian (registered may be made either by inward remittance ONLY into the account(s) maintained with such in the folio) the AMC shall insist upon a change through normal banking channels or banks as specified from time to time. Please contact of pay-out bank mandate before processing out of funds held in the NRE / FCNR in the nearest ISC for bank details. redemption. the case of Purchases on a repatriation The investor has to place a RTGS / NEFT request C. Multiple Bank Account Registration: basis or out of funds held in the NRE / with his bank from where the funds are to be FCNR/ NRO account, in the case of Purchases paid and submit the bank acknowledged copy An investor may register multiple bank on a non-repatriation basis. In case Indian of request letter with the application form and accounts (currently upto 5 for Individuals rupee drafts are purchased abroad or mention on the application form the UTR (Unique / HUF and upto 10 for Non-Individuals) payments from FCNR or NRE accounts, an Transaction Reference) Number which is generated for receiving redemption proceeds etc. by account debit certificate from the Bank for their request by the bank. providing necessary documents and filling up issuing the draft confirming the debit and/ or of Multiple Bank Accounts Registration form. RTGS/NEFT request is subject to the RBI regulations foreign inward remittance certificate (FIRC) by D. Indian Financial System Code (IFSC) Investor’s banker shall also be enclosed. and guidelines governing the same. The AMC/Fund shall not be liable for any loss arising or resulting IFSC is a 11 digit number given by some of the banks D. Payment Through Single Cheque from delay in credit of funds in the Fund/Scheme on the cheques. IFSC will help to secure transfer of i. Investor can choose to make payment through collection account. redemption via the various electronic mode of a single cheque for investing in multiple G. Investment on behalf of minor transfers that are available with the banks. schemes in the same folio using single or In case of investment on behalf of minor the 7. INVESTMENT DETAILS multiple application forms by ticking the box payment for the same shall be accepted by means A. Regular Plan: This Plan is for investors who wish to ‘Payment through Single Cheque” of Cheque, Demand Draft or any other mode from route their investment through any distributor. ii. Investor can make a consolidated payment the bank account of the minor or joint account B. Direct Plan: This Plan is for investors who wish for purchases in the same folio for minimum 2 of the minor with the same guardian only as to invest directly without routing the investment and upto 6 schemes. Same cheque cannot be mentioned in the application form. through any distributor. used for both lumpsum & SIP investments. Investors should mention the Plan for which the iii. The Cheque/ DD should be drawn for the 6. BANK DETAILS subscription is made by indicating the choice in the total amount across schemes mentioned in A. Pay-Out Bank Account Details (For redemption appropriate box provided for this purpose in the section 8 and should be in favour of “Mahindra application form. Manulife Multiple Schemes - A/c PAN” or only): “Mahindra Manulife Multiple Schemes - A/c An investor at the time of investment must provide In cases of wrong/ invalid/ incomplete ARN codes Investor Name” and crossed “A/c Payee only” the details of the pay-out bank account (i.e. mentioned on the application form, the application account into which redemption proceeds are to be shall be processed under Regular Plan. The AMC iv. Investor should use separate Cheque/DD for shall endeavour to contact the investor/distributor making Lumpsum and SIP investments. paid) in Section 7 in the Application Form. The same is mandated to be provided under SEBI Regulations. and obtain the correct ARN code within 30 calendar v. The application may be rejected in total if: days of the receipt of the application form from the In case pay-out bank account is different from º The investment details in section 8 for investor/ distributor. In case, the correct code is not pay-in bank account mentioned under Section 8 any one or more of the schemes is/are received within 30 calendar days, the AMC shall in the Application Form, the investor subscribing incomplete reprocess the transaction under Direct Plan from under a new folio is required to submit any one of the date of application without any exit load. º The minimum investment criteria is/are following as a documentary proof along with the not met for one or more of the schemes Application Form validating that pay-out bank Investors may note that in case of fresh/additional º The total investment amount is different account pertain to the sole / first Applicant. purchases, if the name of the Scheme on the application form/transaction slip differs with the from the cheque/ DD amount (i) Cancelled original cheque leaf of the pay-out name on the Cheque/Demand Draft/payment vi. EXCEPTIONS: Facility for Payment through bank account (where the account number and instrument/transfer letter, then the AMC will single cheque is not available for investments first applicant name is printed on the face of allot units under the Scheme mentioned on in (1) Mahindra Manulife Liquid Fund; (2) in the cheque). Applicants should without fail the application form. In case of fresh/additional any scheme during its NFO period. cancel the cheque and write ‘Cancelled’ on the purchases, if the Scheme name is not mentioned face of it to prevent any possible misuse; Payment Through Multiple cheques on the application form/transaction slip, then i. The cheque/ DD should be drawn in favour of (ii) Self attested copy of the bank pass book or the units will be allotted under the Scheme “Name of the Scheme - A/c PAN” or “Name of a statement of bank account with current mentioned on the Cheque/Demand Draft/payment the Scheme - A/c Investor Name” entries not older than 3 months having the instrument/transfer letter. The Plan/Option that will name and address of the first applicant and Returned cheque(s) are liable not to be presented be considered in such cases if not specified by the account number; again for collection and the accompanying customer will be the default option of the Scheme Application Form is liable to be rejected. The (iii) A letter from the bank on its letterhead as per the SID. However, in case additional purchase Trustee reserves the right to recover from an certifying that the applicant maintains an is under the same scheme as fresh purchase, then investor any loss caused to the schemes on account with the bank, the bank account the AMC reserves the right to allot units in the account of dishonor of cheques/presentation information like bank account number, bank option under which units were allotted at the time of dishonored cheques issued by the investor branch, account type, the MICR code of the of fresh purchase. for purchase of Units of the schemes. branch & IFSC Code (where available). INVESTMENT THROUGH SIP/MICRO SIP E. Cash Note: The above documents shall be submitted in 1. SIP facility is offered by the Scheme subject to Original. If copies are furnished, the same must be In order to help enhance the reach of mutual following features: submitted at the Official Point of Acceptance (OPAs) fund products amongst small investors, who (i) Frequency available- of the Fund where they will be verified with the may not be tax payers and may not have PAN/ original documents to the satisfaction of the Fund. a) Daily - Under Daily SIP frequency, the SIP bank accounts, such as farmers, small traders/ The original documents will be returned across the installments will be processed ONLY on businessmen/workers, SEBI has permitted receipt counter to the applicant after due verification. In Business Days. For Example: If Wednesday of cash transactions for fresh purchases/ additional case the original of any document is not produced happens to be a Non-business day, the SIP purchases to the extent of Rs.50,000/- per investor, for verification, then the copies should be attested by installment of that day will NOT be processed per financial year shall be allowed subject to: the bank manager with his / her full signature, name, on the next Business day. i. compliance with Prevention of Money employee code, bank seal and contact number. b) Monthly/ Quarterly SIP Transaction Dates- Laundering Act, 2002 and Rules framed there Further, in exceptional cases where Third Party Payments Any date* under; the SEBI Circular(s) on Anti Money [as stated under Instruction 8B below] are accepted, Laundering (AML) and other applicable Anti For SIPs being registered through Post Dated the investor is required to submit any one of the Money Laundering Rules, Regulations and Cheque (‘PDC’) mode, available SIP dates will documentary proofs as stated in (i), (ii) and (iii) above Guidelines; and be 1st, 5th, 10th, 15th, 20th or 25th of the for the pay-out bank account. Investors are requested month under the monthly/quarterly frequency
3 * If any SIP installment due date falls on a non- iii. The Top up facility shall be available for xv. All other terms & conditions applicable for Business day, then the respective transactions SIP Investments only through NACH Debit regular SIP Facility will also be applicable to will be processed on the next Business day. Mandate SIP Top-up Facility. However, in case the chosen date is not available iv. This facility is being offered through two xvi. SIP Top-up will be allowed in case of Micro in a particular month, the SIP will be processed on modes: (i) Top-up by Amount and (ii) Top-up Investments subject to the condition that the last day of that month. E.g., if selected by Percentage. Default Mode – Top-up by total investments including SIP Top-up by the date is 31st, SIP installment for the month of amount. investor does not exceed 50,000/- in a rolling September will be processed on v. In case of Top-up by Amount, the top-up 12 months period or in a financial year i.e. April 30th September. However, if 30th to March i.e. the limit on Micro Investments. September happens to be a Non- installment amount shall be minimum Rs 100 Business Day, the SIP will be processed and in multiples of Rs 100 thereafter. 7. In case any cheque submitted by the investor for on the immediate next Business Day. vi. In case of Top-up by Percentage, the Top- SIP installment or any payment instruction for SIP installment is dishonoured by the Bankers for the (ii) Minimum no. of installments up installment shall be a minimum 10% of active/new SIP installment amount and in reason of account of investor is closed, the AMC Monthly & Daily : 6 installments of Rs. 500/- multiples of 1% thereafter. The SIP installment would discontinue the SIP immediately. each and in multiples of Re 1 thereafter; amount will be rounded off to the nearest next 8. The SIP enrollment will be discontinued if: Quarterly: 4 installments of Rs. 1500/- each and multiple of Rs 10. Percentage Top-up can be a. 3 consecutive SIP installments in case of Monthly in multiples of Re 1 thereafter; done at annual frequency only. & Quarterly frequency are not honoured. (iii) Mode of Payment vii. a. SIP Cap Amount: Investor shall have b. the Bank Account (for Standing Instruction) is a. Direct Debit mandate through select banks an option to freeze the SIP installment closed and request for change in bank account amount (including Top-ups applied at with whom AMC may have an arrangement, (for Standing Instruction) is not submitted at periodic intervals) by specifying a SIP time to time. least 30 calendar days before the next SIP Auto Cap amount. The SIP Cap amount shall b. Post-Dated Cheques (PDCs). Debit installment due date. be less than or equal to the amount c. National Automated Clearing House (NACH) mentioned by the Investor in the NACH 9. SIP registered for more than one date or all dates of Facility Debit Mandate. In case the SIP Cap the month under the Monthly / Quarterly frequency, Note: Any one or more SIP transaction dates from amount specified by the Investor is will be considered as separate SIP instruction for the the available dates can be selected by the higher than the NACH Debit Mandate purpose of fulfilling the “Minimum no. of installments” Unit Holders under the Monthly and Quarterly amount, then the amount mentioned criteria. In case the SIP Debit date is not indicated frequencies. in the NACH Debit Mandate shall be or in case of ambiguity, 10th shall be treated as the considered for applying Top-ups and Default date and accordingly the SIP transaction Default Options: processing of SIP installments until the will be processed on 10th of each month / quarter. Default Frequency – Monthly end of SIP tenure. 10. The Load structure prevailing at the time of 2. New Investors should mandatorily give a cheque b. SIP Cap Month-Year: Investor shall have submission of the SIP application (whether fresh for the first transaction. an option to freeze the SIP installment or extension) will apply for all the Installments a. First SIP Cheque should be dated current day. All amount (including Top-ups applied at indicated in such application. subsequent Installments through NACH / Auto periodic intervals) from a prespecified 11. The SIP mandate may be discontinued by a Unit Debit to be as per date(s) selected. month and year. From this prespecified holder by giving a written notice of 30 calendar month and year onwards, the SIP Top- b. First SIP Cheque and subsequent SIP days to any of the Official Point(s) of Acceptance. Ups will be discontinued and the last Installments should be of the same amount. topped up SIP installment will remain 12. The facility will be automatically terminated upon 3. Please draw cheque in the name of the Scheme constant until the end of SIP tenure. receipt of intimation of death of the Unit holder. e.g. “Name of the Scheme - A/c PAN” or “Name of Note: Investor shall have a flexibility to choose 13. The investors can also subscribe Units through SIP in the Scheme - A/c Investor Name” and crossed either SIP Cap Amount or SIP Cap Month-Year. Demat (electronic) mode for the Scheme. However “A/c Payee only”. Also write SIP registration Form In case of multiple selections, SIP Cap amount the Units will be allotted based on applicable NAV no. or folio number on the reverse of cheque will be considered as default selection. of the Scheme and will be credited to investor’s accompanying SIP registration form. Demat (Beneficiary) Account on weekly basis on viii. Investors will be able to choose from two realization of funds, e.g. Units will be credited 4. If the SIP period is not specified by the investor frequencies for SIP Top-Up: Half Yearly and to investor’s Demat (Beneficiary) account every then the SIP enrollment will be deemed to be for Yearly. Default Top-up frequency – Yearly. perpetuity and processed accordingly. Monday (or next business day, if Monday is a non- ix. Investors who have enrolled for SIP with 5. The first installment will be processed at Applicable business day) for realization status received in last Monthly Frequency will be able to choose week from Monday to Friday. NAV based on time stamping. In case of SIP for an from two frequencies for Top-Up: Half Yearly amount of Rs. 2 lakh and above, the Applicable and Yearly. In case the investor has chosen Note: This facility is not available in case of units NAV of the Scheme will be based on funds half-yearly frequency, the SIP amount will offered under the Income Distribution cum available for utilizations, as stated in KIMs/SIDs. increase after every 6 SIP monthly cycle Capital Withdrawal / IDCW Option(s) of less than There should be a gap of at least 30 calendar days dates by the amount indicated and in case monthly frequency (for SIP registered through the physical mode)/ if the investor has chosen Yearly frequency, 14. Existing investors can avail SIP facility by submitting 15 calendar days (for SIP registered through the the SIP amount will increase after every 12 only SIP Registration cum mandate form for NACH / AMC’s online portal available on its website i.e. SIP monthly cycle dates by the amount / Auto Debit. www.mahindramanulife.com) between the first percentage, as indicated. SIP installment and the second SIP installment / 15. Investors will not hold Mahindra Manulife Mutual SIP Auto Debit “Start” date mentioned in the debit x. Investors who have enrolled for SIP with Fund / MMIMPL, it’s Registrar and other service mandate form. The SIP Auto Debit shall start from Quarterly Frequency will be able to choose providers responsible, if the transaction is delayed the selected “Start” date mentioned by the investor, only “Yearly” frequency for Top-Up and the SIP or not affected or the investor’s bank account is subject to completion of successful SIP Auto Debit amount will increase after every 4 SIP quarterly debited in advance or after the specific SIP date. cycle dates by the amount / percentage, as mandate verification and registration formalities 16. The first cheque should be drawn on the same indicated. at least 10 calendar days prior to the “Start” date bank account which is to be registered for Debit. specified in the debit mandate form. xi. If the Investor does not specify either the Top- Alternatively, the cheque may be drawn on any up amount/percentage or specifies both, the 6. SIP Top-up Facility bank, but provide a photocopy of the cheque of SIP application will be processed by default the bank / branch for which Debit is registered. SIP Top-up Facility is a facility which provides with the minimum Top –up installment flexibility to the investors to increase the amount amount, as applicable. 17. Mahindra Manulife Mutual Fund / MMIMPL, of the SIP installment by a fixed amount or by a it’s Registrar and other service providers shall xii. In case the SIP installment amount(s) (including fixed percentage at pre-definedintervals during not be responsible and liable for any damages/ Top-ups applied at periodic intervals) exceeds the tenure of the SIP.The SIP Top-up Facility offered compensation for any loss, damage etc., incurred the maximum amount mentioned by the by the Scheme is subject to the following terms and by the investor. The investor assumes the entire risk Investor in the NACH debit mandate, the said conditions: of using this facility and takes full responsibility. SIP Top-up request will stand rejected and the i. SIP Top-up Facility shall be available for SIP will continue to be processed with the last SIP through post-dated cheques monthly and quarterly SIP frequencies only. topped up SIP instalment amount. The date of the first cheque shall be the same as the ii. SIP Top-up Facility would be available to all xiii. The Top-up details cannot be modified once date of the application while the remaining cheques existing and new SIP enrolments. Existing enrolled. In order to make any changes, the shall be postdated cheques which shall be dated investors who have enrolled for SIP are also Investor must cancel the existing SIP and uniformly. Investors can invest in SIP by providing post- eligible to avail Top-up facility and will be enroll for a fresh SIP with revised Top up dated cheques to Official Point(s) of Acceptance. All SIP required to submit the request for enrolment details. cheques should be of the same amount and same SIP under this facility at least 10 calendar days xiv. SIP Top-up Facility shall not be available to SIPs transaction date opted. Cheques should be drawn in prior to the SIP date. registered under Daily SIP frequency. favour of the Scheme and “A/c Payee only”. A letter will
4 be forwarded to the Investor on successful registration Funds Transfer (NEFT)’ offered by Reserve Bank Any charges levied by the investor’s bank for of SIP. The Post Dated cheques will be presented on of India (RBI), which aims to provide credit of receiving payment through electronic mode / the dates mentioned on the cheque and subject to redemption and dividend (IDCW) proceeds outstation cheques / demand drafts will be borne realization of the cheque. (if any) directly into the bank account of by the investor. The Mutual Fund / AMC will not 8. THIRD PARTY PAYMENTS the Unit holder maintained with the banks accept any request for refund of such bank charges. (participating in the RTGS/ NEFT System). A. The AMC / Fund shall not accept applications for Please ensure to furnish the Bank Account subscriptions of units accompanied with Third NEFT is electronic fund transfer modes that operate details under Section 7. Party Payments except in cases as enumerated in on a deferred net settlement (DNS) basis which C. Mode of Payment for Unit holders holding Units para 8B below. settles transactions in batches. Contrary to this, in Demat form in RTGS, transactions are processed continuously Investors will receive their redemption proceeds “Third Party Payment” means payment made throughout the RTGS business hours. The minimum directly into their bank accounts linked to the through an instrument issued from a bank amount to be remitted through RTGS is Rs. 2 lakhs. demat accounts. account other than that of the first named There is no upper ceiling for RTGS transactions. No applicant/ investor mentioned in the Application minimum or maximum stipulation has been fixed 11. SMS Alerts Form. In case of payment instruments issued for NEFT transactions. from a joint bank account, the first named This facility enables the Unit holder to receive SMS applicant/ investor must be one of the joint Unit holders can check the list of banks participating confirmations for purchase, redemption or switch and holders of the bank account from which the in the RTGS / NEFT System from the RBI website i.e. other alerts. payment instrument is issued to consider the www.rbi.org.in or contact any of our Investor Service 12. UNIT HOLDING OPTION payment as a non- Third Party Payment. Centres. However, in the event of the name of Unit holder’s bank not appearing in the ‘List of Banks Applicants under the Scheme will have an option to hold B. As referred to in para 8A above, following are the participating in RTGS/ NEFT updated on RBI website the Units either in physical form (i.e. account statement) exceptional cases where third party payments will www.rbi.org.in, from time to time, the instructions or in dematerialized form. be accepted subject to submission of requisite of the Unit holder for remittance of redemption/ Investors desiring to get allotment of units in demat documentation/declarations. dividend (IDCW) (if any) proceeds via RTGS / NEFT form must have a beneficiary account with a Depository (i) Payment by an Employer on behalf of System will be discontinued by Fund/ AMC without Participant (DP) of the Depositories i.e. National employees under Systematic Investment Plans prior notice to the Unit holder and the payouts of Securities Depositories Limited (NSDL) / Central (SIP) or lump sum / one-time subscription, redemption/ dividend (IDCW) (if any) proceeds Depository Services Limited (CDSL). through Payroll deductions or deductions out shall be effected by sending the Unit holder(s) a If PAN is not mentioned by applicants, the application of expense reimbursements. cheque / demand draft. is liable to be rejected. Investors may attach a copy of (ii) Custodian on behalf of an FPI or a Client. For more details on RTGS / NEFT or for frequently the Client Master Form/ DP statement showing active (iii) Payment by the AMC to an empanelled asked questions (FAQs) on RTGS / NEFT, Unit holders demat account details for verification. Names, mode of Distributor on account of commission/ incentive are advised to visit the RBI website www.rbi.org.in/ holding, PAN details, etc. of the Investor will be verified etc. in the form of the Mutual Fund units of the Fund website www.mahindramanulife.com. against the Depository data. The units will be credited schemes managed by the AMC through SIP or B. Payment to NRI Investors: to the beneficiary (demat) account only after successful lump sum/ one-time subscription. verification with the depository records and realization Payment to NRI / FPI Unit holders will be subject of payment. In case the demat details mentioned in (iv) Payment by a Corporate to its Agent/ to the relevant laws / guidelines of the RBI as are the application are incomplete/incorrect or do not Distributor/ Dealer (similar arrangement with applicable from time to time (also subject to match with the depository data, the application shall Principal agent relationship), on account of deduction of tax at source as applicable). be treated as invalid for processing under demat mode commission or incentive payable for sale of In the case of NRIs: and therefore may be considered for processing in non- its goods/services, in the form of the Mutual demat form i.e. in physical mode if the application is i. Credited to the NRI investor’s NRO account, Fund Units through SIP or lump sum / onetime otherwise valid. subscription. where the payment for the purchase of the Units redeemed was made out of funds held For units held in demat mode, details such as address C. For investments through third party payments, in NRO account; or for correspondence, pay-out bank details, nomination Investors must accompany the ‘Third Party Payment etc. will be applicable as available in the depositories’ Declaration Form’ (available at any of our ISCs or on ii. Remitted abroad or at the NRI investor’s option, records. For effecting any subsequent changes to our website www.mahindramanulife.com) along credited to his NRE / FCNR / NRO account, where such information, Investors should approach their DP. with the Application Form for subscription of units. the Units were purchased on repatriation basis Holding/ transacting of units held in demat form shall and the payment for the purchase of Units 9. E-MAIL COMMUNICATION be in accordance with the procedures/ requirements redeemed was made by inward remittance laid down by the Depositories, viz. NSDL/ CDSL in Investors may note that Primary holder’s own email through normal banking channels or out of accordance with the provisions under the Depositories address and mobile number should be provided for funds held in NRE / FCNR account. speed and ease of communication in a convenient and Act, 1996 and the Regulations thereunder. In the case of FPIs, the designated branch of the cost-effective manner, and to help prevent fraudulent 13. SIGNATURE(S) transactions. If the AMC / RTA finds that the email authorized dealer may allow remittance of net sale / Signature(s) should be in English or in any Indian address / mobile number provided is not of the actual maturity proceeds (after payment of taxes) or credit Language. investor or seems to be incorrect, the AMC / RTA may the amount to the Foreign Currency account or Non- choose not to capture / update the email address / resident Rupee account of the FPI maintained in In case of an application through constituted Attorney, the mobile number. accordance with the approval granted to it by the Power of Attorney should be signed by the investor and RBI. the constituted Attorney. The Application Form should Further, the email address provided by the investor The Fund will not be liable for any delays or for any be signed in such cases by such constituted Attorney. will be registered in our records and will be treated loss on account of any exchange fluctuations, while as their consent to receive, Allotment confirmations, 14. NOMINATION converting the rupee amount in foreign exchange Consolidated Account Statement/Account Statement, in the case of transactions with NRIs / FPIs. The Investors should opt for the nomination facility to avoid annual report/ abridged summary and any statutory Fund may make other arrangements for effecting hassles and inconveniences in case of unforeseen events / other information as permitted via electronic mode / payment of redemption proceeds in future. in future. Through this facility the AMC is not in any way email. These documents shall be sent physically in case attempting to grant any rights other than those granted Unitholders are advised to opt for the NEFT / RTGS, the Unit holder opts/request for the same. by law to the nominee(s). A nomination in respect of as it helps in avoiding loss of redemption warrant Should the Unit holder experience any difficulty in the Units does not create an interest in the property in transit or fraudulent encashment. Please update accessing the electronically delivered documents, the after the death of the Unit holder. The nominee(s) shall your IFSC and MICR Code in order to get payouts via Unit holder shall promptly intimate the Mutual Fund receive the Units only as an agent and trustee for the electronic mode in to your bank account. about the same to enable the Mutual Fund to make legal heirs or legatees of the deceased Unitholder as the the delivery through alternate means. It is deemed that The AMC / Fund shall not be held liable for any case may be. losses/ claims, etc. arising on account of processing the Unit holder is aware of all security risks including Minor(s) can be nominated and in such cases, the name, the direct credit or credit via RTGS/ NEFT of possible third party interception of the documents and address and signature of the parent/ legal guardian redemption proceeds on the basis of Bank Account contents of the documents becoming known to third representing such minor nominee(s) shall be provided details as provided by the Unit holder in the parties. by the Unit holder. However, the primary holder or the Application Form. The AMC/Trustee reserve the right to send any joint holder(s), if any, cannot act as guardian to the However, if the Unit holders are not keen on communication in physical mode. minor being nominated. availing of any of the said facilities and prefer Only the following categories of Indian Residents can be 10. MODE OF PAYMENT OF REDEMPTION PROCEEDS - receiving cheques/ demand drafts, Unit holders nominated: (a) individuals (b) minors through parent/ VIA DIRECT CREDIT / RTGS / NEFT shall intimate the AMC/Registrar in writing legal guardian (c) religious and charitable trusts and A. Real Time Gross Settlement (RTGS)/ National indicating their preference. The AMC/Fund would (d) Central Government, State Government, a local Electronic Funds Transfer (NEFT) then ensure that the payouts are effected by authority or any person designated by virtue of his sending the Unit holders a cheque / demand draft. The AMC provides the facility of ‘Real Time Gross office. In case of unforeseen circumstances, the AMC/Fund Settlement (RTGS)’ and ‘National Electronic reserves the right to issue a cheque / demand draft.
5 The Nominee shall not be a trust other than a religious verifying the veracity of the claim of the investors that To ensure appropriate identification of the Investor(s) or charitable trust, society, body corporate, partnership they are residents of Sikkim, by collecting sufficient and with a view to monitor transactions for the firm, Karta of Hindu Undivided Family or a Power of documentary evidence. PAN card copy is not required prevention of money laundering, the Fund / AMC Attorney holder. separately if KYC acknowledgement letter is made reserves the right to seek information, record investor’s A non-resident Indian can be a Nominee subject to the available. The Fund reserves the right to ascertain telephonic calls and or obtain and retain documentation exchange controls in force from time to time. the status of such entities with adequate supporting for establishing the identity of the Investor(s), their documents. Applications not complying with the above The terms and conditions for registration of nominee(s) beneficial ownership, proof of residence, source of requirement may not be accepted/processed. are as under- funds, etc. It may re-verify identity and obtain any incomplete or additional information for this purpose. i Nomination by a Unit holder shall be applicable For further details, please refer Section Permanent for all the investments in all schemes held in a Account Number’ under Statement of The Fund, AMC, MMTPL and their Directors, employees particular folio. Additional Information available on our website and agents shall not be liable in any manner for any www.mahindramanulife.com claims arising whatsoever on account of freezing the ii In case a folio has joint holders, all joint holders folios/rejection of any application / allotment of Units should sign the request for nomination/ PAN Exempt Investments or mandatory redemption of Units due to non cancellation of nomination, even if the mode of SEBI vide its circular dated July 24, 2012 has clarified compliance with the provisions of PMLA, SEBI/AMFI holding is ‘either or survivor’. that investments in mutual funds schemes (including circular(s) and KYC policy and / or where the AMC iii Every new nomination for a folio will overwrite investments in SIPs) of upto Rs. 50,000 per investor believes that transaction is suspicious in nature within the existing nomination. Nomination will be per year per mutual Fund shall be exempt from the the purview of the PMLA and SEBI/AMFI circular(s) and subject to the provisions of the respective Scheme requirement of PAN. Accordingly, individuals (including reporting the same to FIU-IND. Information Document. Joint Holders who are individuals, NRIs but not 17. KNOW YOUR CUSTOMER (KYC) COMPLIANCE iv Nomination shall not be allowed in a folio held on PIOs, Minors) and Sole proprietary firms who do not behalf of a minor Unit holder. possess a PAN (“Eligible Investors”)* are exempt from Units held in account statement (Non-Demat) form submission of PAN for investments upto Rs.50,000/ - in v Nomination shall be mandatory for all new singly It is mandatory for each of the Investors (guardian in a rolling 12 month period or in a financial year i.e. April held folios of individual investors. Investors who case of minor) to (i) attach proof of KYC Compliance viz. to March. However, Eligible Investors are required to do not wish to nominate are required to sign KYC Acknowledgement Letter* (*for those investors who undergo Know Your Customer (KYC) procedure with a declaration separately, confirming their non- have completed KYC formalities through SEBI registered any of the SEBI registered KYC Registration Authorities intention to nominate. In case nomination/non- KYC registration authorities); and (ii) provide KYC (KRA). Eligible Investors must quote PAN Exempt KYC intention to nominate is not provided by sole Identification Number (KIN) issued by the Central KYC Reference Number (PEKRN) issued by the KRA under the holder, the application is liable to be rejected. Registry (CKYCR) if available, for all purchases/ switches/ KYC acknowledgement letter in the Application Form registrations for Systematic Investment Plan (SIP)/ vi Nomination can be made for maximum number of and submit a copy thereof along with the Application Systematic Transfer Plan (STP)/Flex STP/ Transfer of three nominees. In case of multiple nominees, the Form. In case the applicant is a minor, PAN /PEKRN Income Distribution cum Capital Withdrawal / IDCW percentage of allocation/share in whole numbers details of the Guardian shall be submitted, as applicable. Transfer Applicants intending to apply for units through and without decimals in favour of each of the Eligible Investors (i.e. the First Holder) must not possess a Power of Attorney (PoA) must ensure that the issuer nominees should be indicated against the name of a PAN at the time of submission of Application Form. of the PoA and the holder of the PoA must attach proof the nominees. Such allocation/ share should total of KYC Compliance and / provide KIN if available at the to 100 percent. In the event of the Unit holder(s) fail Eligible investors must hold only one PEKRN issued by time of investment. to indicate the percentage of allocation/share for any one of the KRAs. If an application for investment each of the nominees, the Fund/ AMC, by invoking together within investments made in a rolling 12 month In the absence of PAN, the investor’s subscription is default option shall settle the claim equally period or in a financial year exceeds Rs.50,000/-, such an liable for rejection or the limit of investment may be amongst all the nominees. application will be rejected. restricted upto Rs 50,000 in a rolling period of 12 months vii In case of multiple nominees, on the death of one Fresh / Additional Purchase and Systematic Investment as decided by AMFI/SEBI or at the discretion of the AMC or more nominee, the transmission of units shall be Plans will be covered in the limit of Rs.50,000/-. Investors in due course of time. made in favour of the remaining nominee(s). may switch their investments to other Schemes. Any new investor wishing to invest in the scheme(s) of viii Cancellation of nomination can be made only by However, if the amount per switch transaction is Mahindra Manulife Mutual Fund is requested to use the those Unit holder(s) who hold Units on their own Rs.50,000/- or more, in accordance with the extant “CKYC & KRA KYC Form” to complete the KYC formalities behalf either singly or jointly and who made the Income Tax rules, investors will be required to furnish a and submit the same at any of our investor service original nomination. On cancellation of nomination, copy of PAN to the Fund. centres. The “CKYC and KRA KYC Application Form” is the nomination shall stand rescinded and the Fund/ The detailed procedures / requirements for accepting available on our website www.mahindramanulife.com. AMC shall not be under any obligation to transmit applications shall be as specified by the AMC / Trustee Post completion of the KYC formalities using the above the Units in favour of the nominee(s). from time to time and their decision in this behalf will be referred KYC form, the investor will be allotted a unique ix In case of investors opting to hold the Units in final and binding. 14 digit KIN by CKYCR, which can be used by the investor demat form, the nomination details provided by *HUFs and other categories are not eligible for such at the time of making any future investments alongwith the investor to the depository participant will be investments. the PAN based KYC completed through SEBI registered applicable. KYC registration authorities (KRAs). However, the Mutual 16. PREVENTION OF MONEY LAUNDERING x Transmission of units in favour of Nominee(s) shall be Fund reserves the right to carry out additional KYC / valid discharge by the AMC against the legal heirs. SEBI vide its circular reference number ISD/CIR/ ask any additional information/documents from the RR/AML/1/06 dated January 18, 2006 and other investor to meet the requirements of its KYC Policy. 15. PERMANENT ACCOUNT NUMBER circulars issued from time to time, mandated that all Units held in electronic (demat) form SEBI has made it mandatory for all applicants (in the case intermediaries including mutual funds should formulate For units held in demat form, the KYC performed by of application in joint names, each of the applicants) and implement a proper policy framework as per the the Depository Participant of the applicants will be to mention the permanent account number (PAN) guidelines on anti money laundering measures and also considered as KYC verification done by the Trustee / irrespective of the amount of investment (except as to adopt a Know Your Customer (KYC) policy. given below). Where the applicant is a minor, and does AMC. In the event of non compliance of KYC The Investor(s) should ensure that the amount invested not possess his / her own PAN, he / she shall quote the requirements, the Trustee/AMC reserves the right to in the Scheme is through legitimate sources only and PAN of his/her natural parent/legal guardian, as the case freeze the folio of the investor(s) and effect mandatory does not involve and is not designated for the purpose may be. However, PAN is not mandatory in the case of redemption of unit holdings of the investors at the of any contravention or evasion of the provisions of the Central Government, State Government entities and the applicable NAV, subject to payment of exit load, if any. Income Tax Act, Prevention of Money Laundering Act officials appointed by the courts e.g. Official liquidator, For further details, please refer Section ‘Know Your (PMLA), Prevention of Corruption Act and/ or any other Court receiver etc (under the category of Government) Customer (KYC) Compliance’ under. applicable law in force and also any laws enacted by the for transacting in the securities market. Also, investors Statement of Additional Information available on our Government of India from to time or any rules, regulations, residing in the state of Sikkim are exempt from the website www.mahindramanulife.com. mandatory requirement of PAN, subject to the AMC notifications or directions issued thereunder.
18. ULTIMATE BENEFICIAL OWNER(S) (UBO(S)) Pursuant to SEBI master circular vide ref. No.CIR/ISD/ identity (viz. PAN with photograph or any other acceptable a Company listed on a stock exchange or is a majority owned AML/3/2010 dated December 31, 2010 on Anti Money proof of identity prescribed in common KYC form) of UBO(s). subsidiary of such a Company. In case of any change in the Laundering Standards and Guidelines on identification of Non-individual applicants/investors are mandated to provide beneficial ownership, the investor should immediately Beneficial Ownership issued by SEBI vide its circular ref. the details on UBO(s)’ by filling up the declaration form for intimate AMC / its Registrar / KRA, as may be applicable, about No.CIR/MIRSD/2/2013 dated January 24, 2013, investors ‘Ultimate Beneficial Ownership’. Providing information about such changes. Please contact the nearest Investor Service Centre (other than Individuals) are required to provide details of beneficial ownership will be applicable to the subscriptions (ISC) of Mahindra Manulife Mutual Fund or log on to our website Ultimate Beneficial Owner(s) (“UBO(s)”) and submit proof of received from all categories of investors except Individuals and www.mahindramanulife.com for the Declaration Form.
6 19. Additional FATCA & CRS Terms & Conditions (Note: The Guidance Note/notification issued by the CBDT shall prevail in respect to interpretation of the terms specified in the form) Details under FATCA& CRS: The Central Board of Direct Taxes has notified Rules 114F to 114H, as part of the Income- tax Rules, 1962, which Rules require Indian financial institutions such as the Bank to seek additional personal, tax and beneficial owner information and certain certifications and documentation from all our unit holders. In relevant cases, information will have to be reported to tax authorities / appointed agencies. Should there be any change in any information provided by you, please ensure you advise us promptly, i.e.,within 30 days. Please note that you may receive more than one request for information if you have multiple relationships with MMIMPL or its group entities. Therefore, it is important that you respond to our request, even if you believe you have already supplied any previously requested information. FATCA & CRS Instructions If you have any questions about your tax residency, please contact your tax advisor. If you are a US citizen or resident or greencard holder, please include United States in the foreign country information field along with your US Tax Identification Number. It is mandatory to supply a TIN or functional equivalent if the country in which you are tax resident issues such identifiers. If no TIN is yet available or has not yet been issued, please provide an explanation and attach this to the form. In case customer has the following Indicia pertaining to a foreign country and yet declares self to be non-tax resident in the respective country, customer to provide relevant Curing Documents asmentioned below: FATCA & CRS Indicia observed (ticked) Documentation required for Cure of FATCA/ CRS indicia U.S. place of birth 1. Self-certification that the account holder is neither a citizen of United States of America nor its resident for tax purposes; 2. Non-US passport or any non-US government issued document evidencing nationality or citizenship (refer list below); AND 3. Any one of the following documents: (1) Certified Copy of “Certificate of Loss of Nationality” OR (2) Reasonable explanation of why the customer does not have such a certificate despite renouncing US citizenship; OR (3) Reason the customer did not obtain U.S. citizenship at birth Residence/mailing address in a country (1) Self-certification that the account holder is neither a citizen of United States of America nor a tax resident of any other than India country other than India; AND (2) Documentary evidence (refer list below) Telephone number in a country other If no Indian telephone number is provided than India (1) Self-certification that the account holder is neither a citizen of United States of America nor a tax resident of any country other than India; AND (2) Documentary evidence (refer list below) If Indian telephone number is provided along with a foreign country telephone number (1) Self-certification that the account holder is neither a citizen of United States of America nor a tax resident for tax purposes of any country other than India; OR (2) Documentary evidence (refer list below) List of acceptable documentary evidence needed to establish the residence(s) for tax purposes: (a) Certificate of residence issued by an authorized government body*, (b) Valid identification issued by an authorized government body* (e.g. Passport, National Identity card, etc.) * Government or agency thereof or a municipality of the country or territory in which the payee claims to be a resident.
20. ADDITIONAL INSTRUCTIONS FOR APPLICATIONS SUPPORTED BY BLOCKED AMOUNT (ASBA)
A. Mahindra Manulife Mutual Fund extends ASBA are deemed to have authorised (i) the SCSB to do all acts as B. SCSB DETAILS facility to the Investors subscribing for the Units are necessary to make the application including, blocking Investors shall correctly mention the bank account number under this New Fund Offer (“NFO”) in addition to its or unblocking of funds in the bank account maintained in the application and should ensure that funds equal to existing mode of subscriptions, subject to the same with the SCSB specified in the application, transfer of funds the application amount towards the Subscription of Units being extended by all the concerned intermediaries to the Bank Account of the Scheme/Mahindra Manulife are available in the ASBA Account before submitting the involved in the ASBA process. For availing this facility, Mutual Fund on receipt of instructions from the Registrar application to the respective DBs. In case the amount Investors are requested to check with the Designated and Transfer Agent after the allotment is made; and (ii) the available in the ASBA Account specified in the applications is Branches (“DBs”) of the Self Certified Syndicate Registrar and Transfer Agent to issue instructions to the insufficient, the SCSB shall reject the application. Banks (“SCSBs”). For the complete list of SCSBs with SCSB to remove the block on the funds in the bank account details of controlling/designated branches please specified in the application (“ASBA Account”), upon rejection C. DEMATERIALIZATION refer to websites : http://www.sebi.gov.in, http:// of the application/ winding up of the Scheme, as the case www.nseindia.com and http://www.bseindia.com. may be. Investors desiring to get allotment of units through ASBA process must have an active beneficiary account with a Investors shall use the ASBA Application Form bearing the Applications completed in all respects, must be submitted Depository Participant (DP) of the Depositories i.e. National stamp of the Syndicate Members and/or the DBs of SCSB, as at the SCSBs with whom the bank account is maintained. In Securities Depositories Limited (NSDL) / Central Depository the case may be, for the purpose of making an application for case the ASBA application form is erroneously submitted at Services Limited (CDSL). Investors may note that if the DPID, Subscription of Units of Plan(s) under the Scheme. Investors any of the official points of acceptance of the Fund, the same beneficiary account and the PAN provided in the form are are required to submit their applications, either in physical or shall be rejected. incomplete, incorrect or do not match with the Depository electronic mode. In case of application in physical mode, the The SCSB shall block amount equivalent to the application records, the application shall be rejected. Investor shall submit the application at the DBs of the SCSB. amount mentioned in the Form, after verifying that sufficient In case of application in electronic form, the Investor shall funds are available in the bank account (“ASBA Account”) D. REDRESSAL OF COMPLAINTS submit the application either through the internet banking till the date of allotment of Units or upon rejection of the All grievances related to ASBA facility shall be addressed facility available with the SCSB, or such other electronically application/ winding up of the Scheme, as the case may be. enabled mechanism for blocking funds in the ASBA tothe SCSB, where the application form was submitted or to account held with SCSB, and accordingly registering such No request for withdrawal of ASBA application form will theRTA viz. Computer Age Management Services Ltd (CAMS). Applications. On submission of the application, the Investors be allowed after the closure of New Fund Offer Period.
7 THE PAGE IS INTENTIONALLY LEFT BLANK Terms & Conditions for SIP/ Top-Up SIP 1 (a). SIP facility is offered by the Scheme subject to following terms and conditions: Details of FATCA-CRS Information Particulars Frequency available (Default Frequency: Monthly) Monthly Quarterly For Non-Individuals/ Legal entity SIP Transaction Dates Any date* (Default Date: 10th) For SIPs being registered through Post Dated Cheque ('PDC') mode, available SIP dates will be 1st, 5th, 10th, 15th, 20th or 25th of the month Name of the Entity under the monthly/quarterly frequency. Type of address given at KRA (3) c Residential or Business c Residential c Business c Registered Office Minimum no. of installments For schemes other than MMEKBY - 6 installments of Rs. 500/- each and For schemes other than MMEKBY - 4 installments of Rs. 1500/- each and in and Minimum amount per installment in multiples of Re 1 thereafter; For MMEKBY - 6 installments of multiples of Re 1 thereafter; For MMEKBY - 4 installments of Rs. 1500/- PAN Date of Incorporation D D M M Y Y Y Y Rs. 500/- each and in multiples of Rs. 500/- thereafter. each and in multiples of Rs. 500/- thereafter. Mode of Payment a. Direct Debit mandate through select banks with whom AMC may have an arrangement, from time to time. b. PDC. City of Incorporation c. National Automated Clearing House (NACH) Facility Country of Incorporation * If any SIP installment due date falls on a non-Business day, then the respective transactions will be processed on the next Business day. However, in case the chosen date is not available in a particular month, the SIP will be processed on the last day of that month. E.g., if selected date is 31st, SIP installment for the month of September will be processed on 30th September. However, if 30th September happens to be a Non- Entity Constitution Type (3) c Partnership Firm c HUF c Private Limited Company c Public Limited Company c Society c AOP/BOI c Trust c Liquidator Business Day, the SIP will be processed on the immediate next Business Day. Note: Anyone or more SIP transaction dates from the available dates can be selected by the Unit Holders under the Monthly and Quarterly c Limited Liability Partnership c Artificial Juridical Person c Others______frequencies. SIP amount (including Top Up) will be restricted to amount mentioned in Direct Debit / NACH Mandate Form. MMEKBY: Mahindra Manulife ELSS Kar Bachat Yojana. Please (3) the applicable tax resident declaration - 1 (b). Top-Up SIP Speci cations Is “Entity” a tax resident of any country other than India? (3) c Yes c No Minimum Top-up installment Top Up Frequency Particulars (If yes, please provide country/countries in which the entity is a resident for tax purposes and the associated Tax ID number below.) For schemes other than MMEKBY For MMEKBY For Monthly SIP For Quarterly SIP % Identi cation Type l l l Country Top up by Amount Rs. 100 and in multiples of Rs 100 thereafter Rs. 500 and in multiples of Rs 500 thereafter Yearly Half Yearly Yearly Tax Identi cation Number (TIN) (TIN or Others, please specify) Top up by Percentage 10% and in multiples of 1% thereafter. Not available l Yearly Rounded off to nearest next multiple of Rs. 10. Note: Existing investors will be required to submit a request for upgrade from SIP to Top-up SIP at least 10 calendar days prior to the next SIP date. In case of Monthly SIP, if the investor has chosen half-yearly Top-Up frequency, the SIP amount will increase after every 6 SIP monthly cycle dates by the amount indicated and if the investor has chosen Yearly Top-Up frequency, the SIP amount will increase after every 12 SIP monthly cycle dates by the amount/percentage indicated. For Quarterly SIPs, only Yearly frequency is available for Top-up and the SIP amount will increase after every 4 SIP quarterly cycle dates by the indicated amount / percentage. If the Investor does not specify either the Top-up amount/percentage or speci es both, the SIP application will be processed by default with the Minimum Top –up installment amount as per above table. The Top-up details cannot be modi ed once enrolled. In order to make any changes, the Investor must cancel the existing SIP and enroll for a fresh SIP with revised Top up details. Default Mode – Top-up by amount. Default Top-up frequency – Yearly. % $ 2. New Investors should mandatorily give a cheque for the rst transaction. Subsequent SIP cheques should be of the same amount as the total amount of rst SIP cheque. In case Tax Identi cation Number is not available, kindly provide its functional equivalent . 3. If the SIP period is not speci ed by the investor then the SIP enrollment will be deemed to be for perpetuity and processed accordingly. In case TIN or its functional equivalent is not available, please provide Company Identification number or Global Entity Identification Number or GIIN, etc. 4. a. SIP Cap Amount: Investor shall have an option to freeze the SIP installment amount (including Top-ups applied at periodic intervals) by specifying a SIP Cap amount. The SIP Cap amount shall be less than or equal In case the Entity’s Country of Incorporation / Tax residence is U.S. but Entity is not a Speci ed U.S. Person, to the amount mentioned by the Investor in the NACH Debit Mandate. In case the SIP Cap amount speci ed by the Investor is higher than the NACH Debit Mandate amount, then the amount mentioned in the mention Entity’s exemption code here NACH Debit Mandate shall be considered for applying Top-ups and processing of SIP installments until the end of SIP tenure. Please refer to para 3(vii) Exemption code for U.S. persons under Part D of FATCA Instructions & De nitions. b. SIP Cap Month-Year: Investor shall have an option to freeze the SIP installment amount (including Top-ups applied at periodic intervals) from a prespeci ed month and year. From this prespeci ed month and year onwards, the SIP Top-Ups will be discontinued and the last topped up SIP installment will remain constant until the end of SIP tenure. FATCA & CRS Declaration (Please consult your professional tax advisor for further guidance on FATCA & CRS classi cation) Note: Investor shall have a exibility to choose either SIP Cap Amount or SIP Cap Month-Year. In case of multiple selections, SIP Cap amount will be considered as default selection. 5. The rst installment will be processed at Applicable NAV based on time stamping. In case of SIP for an amount of Rs. 2 lakh and above, the Applicable NAV of the Scheme will be based on funds available for utilizations, PART A (to be lled by Financial Institutions or Direct Reporting NFEs) as stated in KIMs/SIDs. There should be a gap of at least 30 calendar days between the rst SIP installment and the second SIP installment / SIP Auto Debit "Start" date mentioned in the debit mandate form. The SIP We are a (3), Global Intermediary Identi cation Number (GIIN) Auto Debit shall start from the selected "Start" date mentioned by the investor, subject to completion of successful SIP Auto Debit mandate veri cation and registration formalities at least 10 calendar days prior to the "Start" date speci ed in the debit mandate form. Financial institution3 c Note: If you do not have a GIIN but you are sponsored by another entity, please provide your sponsor’s GIIN above 6. In case of MMEKBY each SIP installment will be subject to a Lock In period of three years from the date of allotment of Units. OR and indicate your sponsor’s name below 7. In case any cheque submitted by the investor for any SIP installment is dishonoured by the Bankers for the reason of account of investor is closed, the AMC would discontinue the SIP immediately. Direct reporting NFE4 c Name of sponsoring entity 8. The SIP enrollment will be discontinued if: (Please tick as appropriate) a. 3 consecutive SIP installments in case of Monthly & Quarterly frequency are not honoured. GIIN not available (please (3) as applicable) c Applied for b. the Bank Account (for Standing Instruction) is closed and request for change in bank account (for Standing Instruction) is not submitted at least 30 calendar days before the next SIP Auto Debit installment due date. If the entity is a nancial institution, c Not required to apply for - please specify 2 digits sub-category10 9. SIP registered for more than one date or all dates of the month under the Monthly / Quarterly frequency, will be considered as separate SIP instruction for the purpose of ful lling the “Minimum no. of installments” criteria. 10. SIP in a folio of a minor will be registered only upto the date of minor attaining the majority even though the instruction may be for the period beyond that date. c Not obtained – Non-participating FI (Refer 1 A of Part D) 11. The Load structure prevailing at the time of submission of the SIP application (whether fresh or extension) will apply for all the Installments indicated in such application. PART B (please ll any one as appropriate “to be lled by NFEs other than Direct Reporting NFEs”) 12. The SIP mandate may be discontinued by a Unit holder by giving a written notice of 30 calendar days to any of the Official Point(s) of Acceptance. 13. The facility will be automatically terminated upon receipt of intimation of death of the Unit holder. 1 Is the Entity a publicly traded company Yes (3) c (If yes, please specify any one stock exchange on which the stock is regularly traded) (that is, a company whose shares are 14. The investors can also subscribe Units through SIP in Demat (electronic) mode for the Scheme. However the Units will be allotted based on applicable NAV of the Scheme and will be credited to investor’s Demat (Bene ciary) Account on weekly basis on realization of funds, e.g. Units will be credited to investor’s Demat (Bene ciary) account every Monday (or next business day, if Monday is a non-business day) for realization regularly traded on an established Name of stock exchange status received in last week from Monday to Friday. securities market) No c 15. Investors will not hold Mahindra Manulife Mutual Fund / Mahindra Manulife Investment Management Private Limited (Formerly known as Mahindra Asset Management Company Private Limited) (MMIMPL), its Is the Entity a related entity of a publicly Yes (3) c (If yes, please specify name of the listed company and one stock exchange on which the stock is regularly traded) Registrar and other service providers responsible, if the transaction is delayed or not affected or the investor’s bank account is debited in advance or after the speci c SIP date. 2 traded company (a company whose 16. The rst cheque should be drawn on the same bank account which is to be registered for Debit. Alternatively, the cheque may be drawn on any bank, but provide a photocopy of the cheque of the bank / branch for shares are regularly traded on an Name of listed company which Debit is registered. established securities market) Nature of relation (3) : c Subsidiary of the Listed Company or c Controlled by a Listed Company 17. Mahindra Manulife Mutual Fund / MMIMPL, it’s Registrar and other service providers shall not be responsible and liable for any damages/ compensation for any loss, damage etc., incurred by the investor. The investor No c assumes the entire risk of using this facility and takes full responsibility. Name of stock exchange
3 Is the Entity an active1 non- nancial Yes (3) c (If yes, please fill UBO declaration in the next section.) Entity (NFE) No c & TEAR HERE & Nature of Business
Terms & Conditions - NACH / Auto Debit Please specify the sub-category of Active NFE Mention code – refer 2 (c) of Part D) 1. NACH debit facility is offered at various banks. For a detailed list of banks please refer the website www.npci.org.in. 4 Is the Entity a passive2 NFE Yes (3) c (If yes, please fill UBO declaration in the next section.) No c 2. This facility is offered only to the investors having bank accounts with above mentioned Banks. Above list is subject to modi cation/updation at any time in future at the sole discretion of Nature of Business MMIMPL, without assigning any reason or prior notice. If any bank is removed, SIP instructions of investors for such banks via NACH will be discontinued without any prior notice. 1Refer 2 of Part D | 2Refer 3(ii) of Part D | 3Refer 1(i)of Part D | 4Refer 3(vi) of Part D | 3. By signing the NACH mandate form the investor agrees to abide by the terms and conditions of NACH facility through NPCI (www.npci.org.in). Please provide below additional details for each of Controlling person. (Please attach additional sheets if necessary) 4. a. New/Existing investors who wish to enroll for SIP through NACH should ll the SIP Application Form and the Registration cum Mandate Form for NACH. b. The Registration cum Mandate Form for NACH should be submitted at least 30 calendar days prior to next SIP cycle date. UBO Declaration (This declaration is NOT needed for Companies that are Listed on any recognized stock exchange in India or is a Subsidiary of such Listed Company or is Controlled by such Listed Company) c. Unique Mandate Registration Number (UMRN) is auto generated by NPCI during the mandate creation for the rst time. Investors, who do not have the UMRN, please leave it blank. UMRN Category (3) c Unlisted Company c Partnership Firm c Limited Liability Partnership Company c Unincorporated association / body of individuals would be linked to the folio and maximum length is 20 characters comprising of Alpha Numeric Character allotted by NPCI. c Religious Trust c Private Trust c Public Charitable Trust c Others______d. Investors who already have UMRN registered under the folio can ll up the SIP Registration cum Mandate Form for NACH and should be submitted at least 10 working days before the date Please list below the details of controlling person(s), confirming ALL countries of tax residency / permanent residency / citizenship and ALL Tax Identification Numbers for EACH controlling person(s) of the rst debit through NACH. (Please attach additional sheets, if necessary) 5. Please provide the cancelled cheque leaf of the Bank A/c no. for which NACH facility is registered. Owner-documented FFI’s should provide FFI Owner Reporting Statement and Auditor’s Letter with required details as mentioned in Form W8 BEN E (Refer 3(vi) of Part C) 6. Investors need to mandatorily ll the SIP Registration Cum Mandate form for NACH for any amendment and cancellation quoting their UMRN by giving 30 calendar days prior notice to any of the Details UBO 1 UBO 2 UBO 3 investor service centre. Name of UBO 7. Investor can choose to discontinue the SIP facility under folio without cancelling the UMRN by giving 30 calendar days prior notice to any of the Investor Service Centre. UBO Code Refer 3 (iv) (A) 8. IFSC is a 11 digit number given by some of the banks on the cheques. MICR is the 9-digit code that appears on your cheque next to the cheque number. Country of Tax Residency # 9. In case of existing investor, if application is received without existing UMRN then the last UMRN registered in the folio would be considered. PAN ^ Terms & Conditions - Auto Debit Auto Debit: The Auto Debit Facility will be made available only with the banks with which MMIMPL or its service provider may have tie up for Auto Debit from time to time. Please contact Mahindra Address Address, Zip, State, Country Address, Zip, State, Country Address, Zip, State, Country Manulife Mutual Fund Investor Service Centre for updated list of banks/ branches eligible for Auto Debit Facility. Address Type Residence/Business/Registered office Residence/Business/Registered office Residence/Business/Registered office (Continued on next page) Details UBO 1 UBO 2 UBO 3 2. Active Non- nancial entity (NFE) : (any one of the following): Refer Explanation (A) to 114F(6) of Income Tax Rules, 1962 for details.
Tax ID @ Code Sub-category Tax ID Type 01 Less than 50 percent of the NFE’s gross income for the preceding nancial year is passive income and less than 50 percent of the assets held by the NFE during the preceding nancial year are assets that produce or are held for the production of passive income; City of Birth 02 The stock of the entity is regularly traded on an established securities market or the non- nancial entity is a related entity of an entity, the stock of which is regularly traded on an Country of Birth established securities market. Occupation Type Service/Business/Others Service/Business/Others Service/Business/Others 03 The NFE is a Governmental Entity, an International Organization, a Central Bank , or an entity wholly owned by one or more of the foregoing; Nationality 04 Substantially all of the activities of the NFEconsist of holding (in whole or in part) the outstanding stock of, or providing nancing and services to, one or more subsidiaries that Father’s Name Mandatory if PAN is not available Mandatory if PAN is not available Mandatory if PAN is not available engage in trades or businesses other than the business of a Financial Institution, except that an entity shall not qualify for this status if the entity functions as an investment fund, Gender Male/Female /Others Male/Female /Others Male/Female /Others such as a private equity fund, venture capital fund, leveraged buyout fund, or any investment vehicle whose purpose is to acquire or fund companies and then hold interests in those companies as capital assets for investment purposes; Date of Birth 05 The NFE is not yet operating a business and has no prior operating history, but is investing capital into assets with the intent to operate a business other than that of a Financial Percentage of Holding (%)* Institution, provided that the NFE shall not qualify for this exception after the date that is 24 months after the date of the initial organization of the NFE; @ In case Tax Ident cation Number is not available, kindly provide its functional equivalent.$ 06 The NFE was not a Financial Institution in the past ve years, and is in the process of liquidating its assets or is reorganizing with the intent to continue or recommence Country of Tax Residency is mandatory for all and if the controlling person is a US citizen or green card holder, please mention U.S.A operations in a business other than that of a Financial Institution; ^ If UBO is KYC compliant, KYC proof to be enclosed. Else PAN or any other valid identity proof must be attached (Pan, Aadhar, Passport, Election ID, Govi. ID, Driving Licence, NREGA Job Card, Others). Position/Designation like Director/Settlor of Trust/Protector of Trust to be speci ed wherever applicable. 07 The NFE primarily engages in nancing and hedging transactions with, or for, Related Entities that are not Financial Institutions, and does not provide nancing or hedging * Attach valid documentary proof like shareholding pattern, self attested by authorised signatory/company secretary. services to any Entity that is not a Related Entity, provided that the group of any such Related Entities is primarily engaged in a business other than that of a Financial Institution; # Additional details to be lled by controlling persons with tax residency / permanent residency / citizenship / Green Card in any country other than India 08 Any NFE that ful lls all of the following requirements: • I t is established and operated in India exclusively for religious, charitable, scienti c, artistic, cultural, athletic, or educational purposes; or it is established and operated in India and it is a professional organization, business league, chamber of commerce, labor organization, agricultural or horticultural organization, civic league or an FATCA - CRS Terms and Conditions organization operated exclusively for the promotion of social welfare; • It is exempt from income tax in India; The Central Board of Direct Taxes has notified Rules 114F to 114H, as part of the Income-tax Rules, 1962, which Rules require Indian financial institutions such as the Bank to seek additional personal, • I t has no shareholders or members who have a proprietary or bene cial interest in its income or assets; tax and beneficial owner information and certain certifications and documentation from all our account holders. In relevant cases, information will have to be reported to tax authorities/ appointed The applicable laws of the NFE’s country or territory of residence or the NFE’s formation documents do not permit any income or assets of the NFE to be distributed to, or applied agencies. Towards compliance, we may also be required to provide information to any institutions such as withholding agents for the purpose of ensuring appropriate withholding from the account for the bene t of, a private person or non-charitable Entity other than pursuant to the conduct of the NFE’s charitable activities, or as payment of reasonable compensation for or any proceeds in relation thereto. services rendered, or as payment representing the fair market value of property which the NFE has purchased; and The applicable laws of the NFE’s country or territory of Should there be any change in any information provided by you, please ensure you advise us promptly, i.e., within 30 days. residence or the NFE’s formation documents require that, upon the NFE’s liquidation or dissolution, all of its assets be distributed to a governmental entity or other non-pro t If any controlling person of the entity is a US citizen or resident or green card holder, please include United States in the foreign country information field along with the US Tax Identification Number. organization, or escheat to the government of the NFE’s country or territory of residence or any political subdivision thereof. $ It is mandatory to supply a TIN or functional equivalent if the country in which you are tax resident issues such identi ers. If no TIN is yet available or has not yet been issued, please provide an Explanation.- For the purpose of this sub-clause, the following shall be treated as ful lling the criteria provided in the said sub-clause, namely:- explanation and attach this to the form. (I) an Investor Protection Fund referred to in clause (23EA); (II) a Credit Guarantee Fund Trust for Small Industries referred to in clause 23EB; and (III) an Investor Protection Fund referred to in clause (23EC), of section 10 of the Act; Part C: Certi cation I/We have understood the information requirements of this Form (read along with the FATCA & CRS Instructions) and hereby con rm that the information provided by me/us on this Form is true, 3 Other de nitions correct and complete. I/We also con rm that I/We have read and understood the FATCA & CRS Terms and Conditions below and hereby accept he same. (i) Related entity An entity is a ‘related entity’ of another entity if either entity controls the other entity, or the two entities are under common control For this purpose, control includes direct or indirect Name ownership of more than 50% of the votes and value in an entity. Designation (ii) Passive NFE The term passive NFE means Signature Signature Signature (a) any non- nancial entity which is not an active non- nancial entity; or (b) an investment entity de ned in clause 1(iv) (b) of these instructions (c) a withholding foreign partnership or withholding foreign trust; Date D D M M Y Y Y Y Place (iii) Passive income PART D (FATCA Instructions & De nitions) The term passive income includes income by way of : (Note: The Guidance Note/noti cation issued by the CBDT shall prevail in respect to interpretation of the terms speci ed in the form) (a) Dividends, (b) Interest 1 (i) Financial Institution (FI) - The term FI means any financial institution that is a Depository Institution, Custodial Institution, Investment Entity or Specified Insurance company, as defined. (c) Income equivalent to interest, (ii) Depository institution: is an entity that accepts deposits in the ordinary course of banking or similar business. (d) Rents and royalties, other than rents and royalties derived in the active conduct of a business conducted, at least in part, by employees of the NFE (iii) Custodial institution is an entity that holds as a substantial portion of its business, holds financial assets for the account of others and where it’s income attributale to holding financial assets (e) Annuities and related financial services equals or exceeds 20 percent of the entity’s gross income during the shorter of- (f ) The excess of gains over losses from the sale or exchange of nancial assets that gives rise to passive income (i) The three financial years preceding the year in which determination is made; or (ii)The period during which the entity has been in existence, whichever is less. (g) The excess of gains over losses from transactions (including futures, forwards, options and similar transactions) in any nancial assets, (iv) Investment entity is any entity: (h) The excess of foreign currency gains over foreign currency losses (a) That primarily conducts a business or operates for or on behalf of a customer for any of the following activities or operations for or on behalf of a customer (I) Net income from swaps (i) Trading in money market instruments (cheques, bills, certificates of deposit, derivatives, etc.); foreign exchange; exchange, interest rate and index instruments; (j) Amounts received under cash value insurance contracts transferable securities; or commodity futures trading; or Individual and collective portfolio management; or But passive income will not include, in case of a non- nancial entity that regularly acts as a dealer in nancial assets, any income from any transaction entered into in the ordinary course of (ii) Investing, administering or managing funds, money or financial asset or money on behalf of other persons; OR such dealer’s business as such a dealer. (b)The gross income of which is primarily attributable to investing, reinvesting, or trading in financial assets, if the entity is managed by another entity that is a depository institution, a (iv) Controlling persons custodial institution, a specified insurance company, or an investment entity described above. An entity is treated as primarily conducting as a business one or more of the 3 activities Controlling persons are natural persons who exercise control over an entity and includes a bene cial owner under sub-rule (3) of rule 9 of the Prevention of Money-Laundering (Maintenance described above, or an entity’s gross income is primarily attributable to investing, reinvesting, or trading in financial assets of the entity’s gross income attributable to the relevant of Records) Rules, 2005. activities equals or exceeds 50 percent of the entity’s gross income during the shorter of : In determining the bene cial owner, the procedure speci ed in the following circular as amended from time to time shall be applied, namely:- (i) The three-year period ending on 31 March of the year preceding the year in which the determination is made; or (i)DBOD.AML.BC. No. 71/14.01.001/2012-13, issued on the 18th January, 2013 by the Reserve Bank of India; or (ii) The period during which the entity has been in existence. (ii) CIR/MIRSD/2/2013, issued on the 24th January, 2013 by the Securities and Exchange Board of India; or The term “Investment Entity” does not include an entity that is an active non-financial entity as per codes 04, 05, 06 and 07 - refer point 2c. (iii) IRDA/SDD/GDL/CIR/019/02/2013, issued on the 4th February, 2013 by the Insurance Regulatory and Development Authority. (v) Specified Insurance Company: Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash In the case of a trust, the controlling person means the settlor, the trustees, the protector (if any), the bene ciaries or class of bene ciaries, and any other natural person exercising ultimate effective Value Insurance Contract or an Annuity Contract. control over the trust, and in the case of a legal arrangement other than a trust, the said expression means the person in equivalent or similar position. (vi) FI not required to apply for GIIN: Refer Rule 114F(5) of Income Tax Rules, 1962 for the conditions to be satis ed as ''non-reporting nancial institution an guidance issued by CBDT in this (A) Controlling Person Type: regard. Code Sub-category A. Reasons why FI not required to apply for GIIN: 01 CP of legal person - ownership Code Sub-category 02 CP of legal person - other means 01 Governmental Entity, International Organization or Central Bank 03 CP of legal person - senior managing official 02 Treaty Quali ed Retirement Fund; a Broad Participation Retirement Fund; a Narrow Participation Retirement Fund; or a Pension Fund of a 04 CP of legal arrangement - trust - settlor Governmental Entity, International Organization or Central Bank 05 CP of legal arrangement - trust - trustee 03 Non-public fund of the armed forces, an employees’ state insurance fund, a gratuity fund or a provident fund 06 CP of legal arrangement - trust - protector 04 Entity is an Indian FI solely because it is an investment entity 07 CP of legal arrangement - trust - bene ciary 05 Quali ed credit card issuer 08 CP of legal arrangement - trust - other 06 Investment Advisors, Investment Managers & Executing Brokers 09 CP of legal arrangement - Other - settlor equivalent 07 Exempt collective investment vehicle 10 CP of legal arrangement - Other - trustee equivalent 08 Trust 11 CP of legal arrangement - Other - protector equivalent 09 Non-registering local banks 12 CP of legal arrangement - Other - bene ciary equivalent 10 FFI with only Low-Value Accounts 13 CP of legal arrangement - Other - other equivalent 11 Sponsored investment entity and controlled foreign corporation 14 Unknown 12 Sponsored, Closely Held Investment Vehicle Details UBO 1 UBO 2 UBO 3 2. Active Non- nancial entity (NFE) : (any one of the following): Refer Explanation (A) to 114F(6) of Income Tax Rules, 1962 for details.
Tax ID @ Code Sub-category Tax ID Type 01 Less than 50 percent of the NFE’s gross income for the preceding nancial year is passive income and less than 50 percent of the assets held by the NFE during the preceding nancial year are assets that produce or are held for the production of passive income; City of Birth 02 The stock of the entity is regularly traded on an established securities market or the non- nancial entity is a related entity of an entity, the stock of which is regularly traded on an Country of Birth established securities market. Occupation Type Service/Business/Others Service/Business/Others Service/Business/Others 03 The NFE is a Governmental Entity, an International Organization, a Central Bank , or an entity wholly owned by one or more of the foregoing; Nationality 04 Substantially all of the activities of the NFEconsist of holding (in whole or in part) the outstanding stock of, or providing nancing and services to, one or more subsidiaries that Father’s Name Mandatory if PAN is not available Mandatory if PAN is not available Mandatory if PAN is not available engage in trades or businesses other than the business of a Financial Institution, except that an entity shall not qualify for this status if the entity functions as an investment fund, Gender Male/Female /Others Male/Female /Others Male/Female /Others such as a private equity fund, venture capital fund, leveraged buyout fund, or any investment vehicle whose purpose is to acquire or fund companies and then hold interests in those companies as capital assets for investment purposes; Date of Birth 05 The NFE is not yet operating a business and has no prior operating history, but is investing capital into assets with the intent to operate a business other than that of a Financial Percentage of Holding (%)* Institution, provided that the NFE shall not qualify for this exception after the date that is 24 months after the date of the initial organization of the NFE; @ In case Tax Ident cation Number is not available, kindly provide its functional equivalent.$ 06 The NFE was not a Financial Institution in the past ve years, and is in the process of liquidating its assets or is reorganizing with the intent to continue or recommence Country of Tax Residency is mandatory for all and if the controlling person is a US citizen or green card holder, please mention U.S.A operations in a business other than that of a Financial Institution; ^ If UBO is KYC compliant, KYC proof to be enclosed. Else PAN or any other valid identity proof must be attached (Pan, Aadhar, Passport, Election ID, Govi. ID, Driving Licence, NREGA Job Card, Others). Position/Designation like Director/Settlor of Trust/Protector of Trust to be speci ed wherever applicable. 07 The NFE primarily engages in nancing and hedging transactions with, or for, Related Entities that are not Financial Institutions, and does not provide nancing or hedging * Attach valid documentary proof like shareholding pattern, self attested by authorised signatory/company secretary. services to any Entity that is not a Related Entity, provided that the group of any such Related Entities is primarily engaged in a business other than that of a Financial Institution; # Additional details to be lled by controlling persons with tax residency / permanent residency / citizenship / Green Card in any country other than India 08 Any NFE that ful lls all of the following requirements: • I t is established and operated in India exclusively for religious, charitable, scienti c, artistic, cultural, athletic, or educational purposes; or it is established and operated in India and it is a professional organization, business league, chamber of commerce, labor organization, agricultural or horticultural organization, civic league or an FATCA - CRS Terms and Conditions organization operated exclusively for the promotion of social welfare; • It is exempt from income tax in India; The Central Board of Direct Taxes has notified Rules 114F to 114H, as part of the Income-tax Rules, 1962, which Rules require Indian financial institutions such as the Bank to seek additional personal, • I t has no shareholders or members who have a proprietary or bene cial interest in its income or assets; tax and beneficial owner information and certain certifications and documentation from all our account holders. In relevant cases, information will have to be reported to tax authorities/ appointed The applicable laws of the NFE’s country or territory of residence or the NFE’s formation documents do not permit any income or assets of the NFE to be distributed to, or applied agencies. Towards compliance, we may also be required to provide information to any institutions such as withholding agents for the purpose of ensuring appropriate withholding from the account for the bene t of, a private person or non-charitable Entity other than pursuant to the conduct of the NFE’s charitable activities, or as payment of reasonable compensation for or any proceeds in relation thereto. services rendered, or as payment representing the fair market value of property which the NFE has purchased; and The applicable laws of the NFE’s country or territory of Should there be any change in any information provided by you, please ensure you advise us promptly, i.e., within 30 days. residence or the NFE’s formation documents require that, upon the NFE’s liquidation or dissolution, all of its assets be distributed to a governmental entity or other non-pro t If any controlling person of the entity is a US citizen or resident or green card holder, please include United States in the foreign country information field along with the US Tax Identification Number. organization, or escheat to the government of the NFE’s country or territory of residence or any political subdivision thereof. $ It is mandatory to supply a TIN or functional equivalent if the country in which you are tax resident issues such identi ers. If no TIN is yet available or has not yet been issued, please provide an Explanation.- For the purpose of this sub-clause, the following shall be treated as ful lling the criteria provided in the said sub-clause, namely:- explanation and attach this to the form. (I) an Investor Protection Fund referred to in clause (23EA); (II) a Credit Guarantee Fund Trust for Small Industries referred to in clause 23EB; and (III) an Investor Protection Fund referred to in clause (23EC), of section 10 of the Act; Part C: Certi cation I/We have understood the information requirements of this Form (read along with the FATCA & CRS Instructions) and hereby con rm that the information provided by me/us on this Form is true, 3 Other de nitions correct and complete. I/We also con rm that I/We have read and understood the FATCA & CRS Terms and Conditions below and hereby accept he same. (i) Related entity An entity is a ‘related entity’ of another entity if either entity controls the other entity, or the two entities are under common control For this purpose, control includes direct or indirect Name ownership of more than 50% of the votes and value in an entity. Designation (ii) Passive NFE The term passive NFE means Signature Signature Signature (a) any non- nancial entity which is not an active non- nancial entity; or (b) an investment entity de ned in clause 1(iv) (b) of these instructions (c) a withholding foreign partnership or withholding foreign trust; Date D D M M Y Y Y Y Place (iii) Passive income PART D (FATCA Instructions & De nitions) The term passive income includes income by way of : (Note: The Guidance Note/noti cation issued by the CBDT shall prevail in respect to interpretation of the terms speci ed in the form) (a) Dividends, (b) Interest 1 (i) Financial Institution (FI) - The term FI means any financial institution that is a Depository Institution, Custodial Institution, Investment Entity or Specified Insurance company, as defined. (c) Income equivalent to interest, (ii) Depository institution: is an entity that accepts deposits in the ordinary course of banking or similar business. (d) Rents and royalties, other than rents and royalties derived in the active conduct of a business conducted, at least in part, by employees of the NFE (iii) Custodial institution is an entity that holds as a substantial portion of its business, holds financial assets for the account of others and where it’s income attributale to holding financial assets (e) Annuities and related financial services equals or exceeds 20 percent of the entity’s gross income during the shorter of- (f ) The excess of gains over losses from the sale or exchange of nancial assets that gives rise to passive income (i) The three financial years preceding the year in which determination is made; or (ii)The period during which the entity has been in existence, whichever is less. (g) The excess of gains over losses from transactions (including futures, forwards, options and similar transactions) in any nancial assets, (iv) Investment entity is any entity: (h) The excess of foreign currency gains over foreign currency losses (a) That primarily conducts a business or operates for or on behalf of a customer for any of the following activities or operations for or on behalf of a customer (I) Net income from swaps (i) Trading in money market instruments (cheques, bills, certificates of deposit, derivatives, etc.); foreign exchange; exchange, interest rate and index instruments; (j) Amounts received under cash value insurance contracts transferable securities; or commodity futures trading; or Individual and collective portfolio management; or But passive income will not include, in case of a non- nancial entity that regularly acts as a dealer in nancial assets, any income from any transaction entered into in the ordinary course of (ii) Investing, administering or managing funds, money or financial asset or money on behalf of other persons; OR such dealer’s business as such a dealer. (b)The gross income of which is primarily attributable to investing, reinvesting, or trading in financial assets, if the entity is managed by another entity that is a depository institution, a (iv) Controlling persons custodial institution, a specified insurance company, or an investment entity described above. An entity is treated as primarily conducting as a business one or more of the 3 activities Controlling persons are natural persons who exercise control over an entity and includes a bene cial owner under sub-rule (3) of rule 9 of the Prevention of Money-Laundering (Maintenance described above, or an entity’s gross income is primarily attributable to investing, reinvesting, or trading in financial assets of the entity’s gross income attributable to the relevant of Records) Rules, 2005. activities equals or exceeds 50 percent of the entity’s gross income during the shorter of : In determining the bene cial owner, the procedure speci ed in the following circular as amended from time to time shall be applied, namely:- (i) The three-year period ending on 31 March of the year preceding the year in which the determination is made; or (i)DBOD.AML.BC. No. 71/14.01.001/2012-13, issued on the 18th January, 2013 by the Reserve Bank of India; or (ii) The period during which the entity has been in existence. (ii) CIR/MIRSD/2/2013, issued on the 24th January, 2013 by the Securities and Exchange Board of India; or The term “Investment Entity” does not include an entity that is an active non-financial entity as per codes 04, 05, 06 and 07 - refer point 2c. (iii) IRDA/SDD/GDL/CIR/019/02/2013, issued on the 4th February, 2013 by the Insurance Regulatory and Development Authority. (v) Specified Insurance Company: Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash In the case of a trust, the controlling person means the settlor, the trustees, the protector (if any), the bene ciaries or class of bene ciaries, and any other natural person exercising ultimate effective Value Insurance Contract or an Annuity Contract. control over the trust, and in the case of a legal arrangement other than a trust, the said expression means the person in equivalent or similar position. (vi) FI not required to apply for GIIN: Refer Rule 114F(5) of Income Tax Rules, 1962 for the conditions to be satis ed as ''non-reporting nancial institution an guidance issued by CBDT in this (A) Controlling Person Type: regard. Code Sub-category A. Reasons why FI not required to apply for GIIN: 01 CP of legal person - ownership Code Sub-category 02 CP of legal person - other means 01 Governmental Entity, International Organization or Central Bank 03 CP of legal person - senior managing official 02 Treaty Quali ed Retirement Fund; a Broad Participation Retirement Fund; a Narrow Participation Retirement Fund; or a Pension Fund of a 04 CP of legal arrangement - trust - settlor Governmental Entity, International Organization or Central Bank 05 CP of legal arrangement - trust - trustee 03 Non-public fund of the armed forces, an employees’ state insurance fund, a gratuity fund or a provident fund 06 CP of legal arrangement - trust - protector 04 Entity is an Indian FI solely because it is an investment entity 07 CP of legal arrangement - trust - bene ciary 05 Quali ed credit card issuer 08 CP of legal arrangement - trust - other 06 Investment Advisors, Investment Managers & Executing Brokers 09 CP of legal arrangement - Other - settlor equivalent 07 Exempt collective investment vehicle 10 CP of legal arrangement - Other - trustee equivalent 08 Trust 11 CP of legal arrangement - Other - protector equivalent 09 Non-registering local banks 12 CP of legal arrangement - Other - bene ciary equivalent 10 FFI with only Low-Value Accounts 13 CP of legal arrangement - Other - other equivalent 11 Sponsored investment entity and controlled foreign corporation 14 Unknown 12 Sponsored, Closely Held Investment Vehicle (v) Speciied U.S. person – A U.S person other than the following: (i) a corporation the stock of which is regularly traded on one or more established securities markets; (ii) any corporation that is a member of the same expanded affiliated group, as de ned in section 1471(e)(2) of the U.S. Internal Revenue Code, as a corporation described in clause (i); (iii) the United States or any wholly owned agency or instrumentality thereof; (iv) any State of the United States, any U.S. Territory, any political subdivision of any of the foregoing, or any wholly owned agency or instrumentality of any one or more of the foregoing; (v) any organization exempt from taxation under section 501(a) of the U.S. Internal Revenue Code or an individual retirement plan as de ned in section 7701(a)(37) of the U.S. Internal Revenue Code; (vi) any bank as de ned in section 581 of the U.S. Internal Revenue Code; (vii) any real estate investment trust as de ned in section 856 of the U.S. Internal Revenue Code; (viii) any regulated investment company as de ned in section 851 of the U.S. Internal Revenue Code or any entity registered with the U.S. Securities and Exchange Commission under the Investment Company Act of 1940 (15 U.S.C. 80a-64); (ix) any common trust fund as de ned in section 584(a) of the U.S. Internal Revenue Code; (x) any trust that is exempt from tax under section 664(c) of the U.S. Internal Revenue Code or that is described in section 4947(a)(1) of the U.S. Internal Revenue Code; (xi) a dealer in securities, commodities, or derivative nancial instruments (including notional principal contracts, futures, forwards, and options) that is registered as such under the laws of the United States or any State; (xii) a broker as de ned in section 6045(c) of the U.S. Internal Revenue Code; or (xiii) any tax-exempt trust under a plan that is described in section 403(b) or section 457(g) of the U.S. Internal Revenue Code. (vi) Direct reporting NFE A direct reporting NFFE means a NFFE that elects to report information about its direct or indirect substantial U.S. owners to the IRS. (vii) Exemption code for U.S. persons (Refer 114F(9) of Income Tax Rules, 1962 for details.) Code Sub-category A An organization exempt from tax under section 501(a) or any individual retirement plan as de ned in section 7701(a)(37) B The United States or any of its agencies or instrumentalities C A state, the District of Columbia, a possession of the United States, or any of their political subdivisions or instrumentalities D A corporation, the stock of which is regularly traded on one or more established securities markets, as described in Reg. section 1.1472-1(c)(1)(I) E A corporation that is a member of the same expanded affiliated group as a corporation described in Reg. section 1.1472-1(c)(1)(I) F A dealer in securities, commodities, or derivative nancial instruments (including notional principal contracts, futures, forwards, and options) that is registered as such under the laws of the United States or any state G A real estate investment trust H A regulated investment company as de ned in section 851 or an entity registered at alltimes during the tax year under the Investment Company Act of 1940 I A common trust fund as de ned in section 584(a) J A bank as de ned in section 581 K A broker L A trust exempt from tax under section 664 or described in section 4947(a)(1) M A tax exempt trust under section 403(b) plan or section 457(g) plan LIST OF BRANCH OFFICES OF MAHINDRA MANULIFE INVESTMENT MANAGEMENT PRIVATE LIMITED Bhawan Main gate, Bus stand, Shimla - 171001. 1st Floor, Above Sharma General Store, Near Sanki Rest house, The Mall, Solan - 173212. Collage Road, Kangra, Dis Kangra-176001. No.328/12, Ram Nagar, 1st Floor, Above Ram Traders, Mandi-175001. For updated list of AMC branch offices, please visit www.mahindramanulife.com Jammu & Kashmir: JRDS Heights, Lane Opp. S&S Computers, Near RBI Building, Sector 14, Nanak Nagar Jammu - 180004. LIST OF OFFICIAL POINTS OF CONTACTS / ACCEPTANCE OF TRANSACTIONS Guru Nanak Institute NH-1A,Udhampur – 182101.Jharkhand: Mazzanine Floor, F-4, City Centre, Sector 4, Bokaro Steel City, Bokaro - 827004. Urmila Towers, Room No: 111 (1st Floor) Bank More, Dhanbad - 826001. Millennium Tower, “R” RoadRoom OFFICES OF MAHINDRA MANULIFE INVESTMENT MANAGEMENT PRIVATE LIMITED No:15 First Floor, Bistupur, Jamshedpur - 831001. 4, HB RoadNo: 206, 2nd Floor Shri Lok Complex, H B Road, Near Firayalal, Ranchi - 834001. S S M Jalan Road, Ground floor, Opp. Hotel Ashoke, Caster Town, Deoghar - 814112. Municipal Market, Mumbai-HO 1st Floor Sadhana House, Behind Mahindra Towers 570 PB Marg, Worli, Annanda Chowk, Hazaribag - 825301. Karnataka: Trade Centre, 1st Floor45, Dikensen Road (Next to Manipal Centre), Mumbai- 400 018. Bengaluru - 560042. No. G 4 & G 5, Inland Monarch, Opp. Karnataka Bank, Kadri Main Road, Kadri, Mangalore - 575003. Classic Mumbai – Borivali Shop No 17, Star Trade Center,Opposite Chamunda Cirle,Sodawala Lane, Borivali – West, Complex, Block no 104, 1st Floor, Saraf Colony, Khanapur Road, Tilakwadi, Belgaum - 590 006. 13, Ist Floor, Akkamahadevi Mumbai – 400092 Samaj Complex, Church Road, P.J.Extension, Davangere - 577002. No.204 - 205, 1st Floor’ B ‘ Block, Kundagol Complex, Opp. Court, Club Road, Hubli - 580029. No.1, 1st Floor, CH.26 7th Main, 5th Cross (Above Trishakthi Medicals), Saraswati Puram, Mumbai - Ghatkopar ZBS 2 FLR 201, Mahatma Gandhi Road, Near Doshi Nursing Home, Ghatkopar East, Mysore - 570009. 18/47/A, Govind Nilaya, Ward No 20, Sangankal Moka Road, Gandhinagar, Bellary - 583102. No.65, 1st Floor, Mumbai, Maharashtra 400077 Kishnappa Compound, 1st Cross, Hosmane Extn, Shimoga - 577201. Pal Complex, Ist Floor, Opp. City Bus Stop, SuperMarket, Mumbai - Fort 103, Veena Chambers, 21, Dalal Street, Opp. BSE Building, Fort, Mumbai- 400001 Gulbarga - 585101. Shop No A2, Basement Floor, Academy Tower, Opp. Corporation Bank, Manipal – 576104. First Floor,17/1, (272) 12th Cross Road, Wilson Garden, Bengaluru-560027. Shop No.02 1st Floor, Shreyas Complex, near Old Bus Stand Bagalkot New Delhi B-104, 1st Floor, Statesman House, Barakhamba Road, Connaught Place, – 587101. Padmasagar Complex, 1st floor, 2nd Gate, Ameer Talkies Road, Vijayapura (Bijapur) – 586101. ‘PANKAJA’ 2nd Floor, New Delhi – 110001. Near Hotel Palika, Race Course Road, Hassan-573201 Kerala: Building Name: - Modayil Doorx`No. :- 39/2638 DJ, 2nd Floor, 2A, Pune Office No. 1, 2nd Floor, Kotwal Complex, Above Panchavati Gaurav Hotel, M. G. Road, Cochin – 682 016, Door No.42/227-B, Chittoor Road, Opp. North Town Police Station, Kacheripadym, Cochin - Bhandarkar Road, Pune – 411004. 682018. 29/97G 2nd Floor, S A Arcade, Mavoor Road, Arayidathupalam, Calicut - 673016. 1307 B, Puthenparambil Building KSACS Road, Opp. ESIC office Behind Malayala Manorama Muttambalam P O, Kottayam 686501. Room No. 26 & 27, Dee Pee Lucknow Shop no.4, Ground Floor, Raja ram Kumar Plaza, Hazaratganj, Lucknow - 226001. Plaza, Kokkalai, Trichur - 680001. R S Complex, Opp of LIC Building, Pattom PO, Trivandrum - 695004. Uthram Chambers Ahmedabad 308, 3rd Floor ABC-II, St. Xavier’s College Corner, Off C. G. Road, Navrangpura, (Ground Floor) Thamarakulam, Kollam - 691 006. Room No.PP.14/435, Casa Marina Shopping Centre, Talap, Kannur - 670004. Ahmedabad-380 009 10/688, Sreedevi Residency, Mettupalayam Street, Palakkad - 678001. 1st Floor, Room No - 61(63) International Shopping Mall, Opp. St. Thomas Evangelical Church, Above Thomson Bakery, Manjady, Thiruvalla – 689105. Doctor’s Tower Building, Door Vadodara GF-2B, Soham Flats, 49 Friends co-op Society,Opp HDFC Bank, Alkapuri, No. 14/2562, 1st floor, North of Iorn Bridge, Near Hotel Arcadia Regency, Alleppey - 688001. KMC XXv/88, I, 2nd Floor, Stylo Vadodara- 390007 Complex, Above Canara Bank, Bank Road, Kasaragod-671121. Kadakkadan Complex, Opp central school,Malappuram-676505. Kolkata 403 Kankaria Centre, 2/1 Russel Street, Kolkata 700 071 2nd Floor, AFFAS Building, Kalpetta, Wayanad-673121.Madhya Pradesh: 101, Shalimar Corporate Centre8-B, South Tukogunj, Opp.Greenpark, Indore - 452001. Plot no 10, 2nd Floor, Alankar Complex, Near ICICI Bank, MP Nagar, Zone II, Bhopal - 462011. Chennai Suite 1B, 1st Floor, Riaz Garden, No.29 Kodambakkam High Road, (Near Hotel Palm G-6 Global Apartment, Kailash Vihar Colony, Opp. Income Tax Office, City Centre, Gwalior - 474002. 8, Ground Floor, Datt Towers, Grove) Nungambakkam, Chennai 600 034 Behind Commercial Automobiles, Napier Town, Jabalpur - 482001.2nd Floor, Parasia Road, Near Surya Lodge, Sood Complex, Bangalore S-822, 8th Floor, South Block, Manipal Center, 47, Dickenson Road, Bangalore-560042. Above Nagpur CT Scan, Chhindwara – 480001. 1st Floor, Gurunanak Dharmakanta, Jabalpur Road, Bargawan, Katni - 483501. Dafria & Co, No.18, Ram Bagh, Near Scholar’s School, Ratlam - 457001. Opp. Somani Automobile, S Bhagwanganj Sagar - Patna 609, 6th Floor, Hari Niwas Complex, Dakbunglow Crossing, Patna- 800 001. 470002. 123, 1st Floor, Siddhi Vinanyaka Trade Centre, Saheed Park, Ujjain - 456010. 11 Ram Nagar - 01st Floor, A. B. Road, Near Ernakulam New Door No: 66/4588, 3rd Floor, MG Square, Padma Jn, MG Road. Ernakulam – 682035 Indian- Allahabad Bank, Dewas – 455001. 1st Floor, Shri Ram Market, Beside Hotel Pankaj, Satna-485001Maharashtra: Rajabahdur Compound, Ground Floor, Opp Allahabad Bank, Behind ICICI Bank, 30, Mumbai Samachar Marg, Fort, Mumbai - Indore 215/215-A, 2nd Floor, D M Tower, Near Janjeerwala Sqaure, 21/2, 400023. Hirji Heritage, 4th Floor, Office no 402, Landmark: Above Tribhuwandas Bhimji Zaveri (TBZ) L.T. Road, Borivali – West, Race Course Road,New Palasia, Indore – 452 001 Mumbai - 400 092. 145, Lendra, New Ramdaspeth, Nagpur - 440010. Vartak Pride, 1st floor, Survay No 46, City Survay No 1477, Surat HG-17, International Trade Center, Majura Gate, Surat – 395002 Hingne Budruk, D. P Road, Behind Dinanath Mangeshkar Hospital, Karvenagar, Pune - 411 052. 81, Gulsham Tower, 2nd Floor 81, Gulsham Tower, 2nd Floor 81, Near Panchsheel Talkies, Amaravati - 444601. 2nd Floor, Block No. D-21-D-22, Motiwala Trade Jaipur 304, 3rd Floor, V- Jai City Point Building , Ahinsa Circle, Ashok Marg C- Scheme, Center, Nirala Bazar, New Samarth Nagar, Opp. HDFC Bank, Aurangabad – 431001. Rustomji Infotech Services, 70, Navipeth, Jaipur – 302001 Opp. Old Bus Stand, Jalgaon - 425001. 2 B, 3rd Floor, Ayodhya Towers, Station Road, Kolhapur - 416001.1st Floor, “Shraddha Guwahati 5E, Dihang Arcade, 5th Floor, Tarun Nagar, Near ABC Bus Stop, G. S. Road, Niketan“, TilakWadi, Opp. Hotel City Pride,Sharanpur Road, Nasik - 422 002. Flat No 109, 1st FloorA Wing, Kalyani Tower, 126 Guwahati – 781005 Siddheshwar Peth, Near Pangal High School, Solapur - 413001. 117 / A / 3 / 22, Shukrawar Peth, Sargam Apartment, Satara - 415002. Opp. RLT Science College, Civil Lines, Akola - 444001. Dev Corpora, 1st floor, Offce no. 102, Cadbury Junction, Eastern Kanpur Office No. 411, 4th Floor, Kan Chambers Civil Lines, Kanpur-208001 Express way, Thane (West) – 400 601.351, Icon, 501, 5th floor, Western Express Highway, Andheri East, Mumbai - 400069. Jiveshwar Krupa Bldg, Shop. NO.2, Ground Floor, Tilak Chowk, Harbhat Road, Sangli - 416416. Shop No 6, Ground Floor, Anand OFFICES OF COMPUTER AGE MANAGEMENT SERVICES LIMITED Plaza Complex, Bharat Nagar, Shivaji Putla Road, Jalna - 431203. 3, Adelade Apartment, Christain Mohala, Behind Gulshan-E- Andhra Pradesh: 40-1-68, Rao & Ratnam Complex, Near Chennupati Petrol Pump, M.G Road, Labbipet, Vijayawada - Iran Hotel, Amardeep Talkies Road, Bhusawal - 425201.Office no 3, 1st Floor, Shree Parvati, Plot no 1/175, Opp. Mauli 520010. Door No 48-3-2, Flat No 2, 1st Floor, Sidhi Plaza, Near Visakha Library, Srinagar, Visakhapatnam - 530016. D No 31-13- Sabhagruh, Zopadi Canteen, Savedi, Ahmednagar - 414 003. House No 3140, Opp Liberty Furniture, Jamnalal Bajaj Road, Near 1158, 1st Floor, 13/1 Arundelpet, Ward No. 6, Guntur - 522002. 97/56, I Floor, Immadisetty Towers, Ranganayakulapet Road, Tower Garden, Dhule - 424001. Orchid Tower, Gr’Floor, Gala No 06, S.V.No.301/Paiki 1/2, Nachane Munciple Aat, Arogya Mandir, Santhapet, Nellore - 524001. Door No: 6-2-12, 1st Floor, Rajeswari Nilayam, Near Vamsikrishna Hospital, Nyapathi Vari Street, T Nachane Link Road, At, Post, Tal. Ratnagiri, Dist. Ratnagiri - 415612. Pushpam, Tilakwadi, Opp. Dr. Shrotri Hospital, Yavatmal - Nagar, Rajahmundry - 533101. Shop No: 6, Door No: 19-10-8, (Opp to Passport Office), AIR Bypass Road, Tirupati - 517501. 445001.BSEL Tech Park, B-505, Plot no 39/5 & 39/5A, Sector 30A, Opp. Vashi Railway Station, Vashi, Navi Mumbai – 400705. Bandi Subbaramaiah Complex, D. No:3/1718, Shop No: 8, Raja Reddy Street, Kadapa - 516001. 15-570-33, I Floor Pallavi Platinum Mall, Office No.307, 3rd floor, Jawahar Road, Ghatkopar East, February 22, 2018 Mumbai 400 077. Opp Mustafa décor, Towers, Subash Road, Opp Canara Bank, Anantapur - 515001. H.No. Shop Nos. 26 and 27, Door No. 39/265A and 39/265B, Behind Bangalore Bakery, Kasturba Road, Chandrapur – 442402. Shop No.8,9 Cellar “Raj Mohammed Complex” Main Road Shri Second Floor, Skanda Shopping Mall, Old Chad Talkies, Vaddageri, 39th Ward, Kurnool – 518 001. No.33-1, 44 Sri Sathya Nagar,Nanded-431605. Opp. Raman Cycle Industries, Krishna Nagar, Wardha - 442001 Meghalaya: 3rd Floor RPG Complex, Complex, Main Road, Kakinada - 533001. Door No 4—4-96, 1st Floor, Vijaya Ganapathi Temple Back Side, Nanubala Street, Keating Road, Shillong - 793001 Nagaland: MM Apartment, House No.436(Ground Floor), Dr. Hokeshe Sema Road, Near Srikakulam - 532001. No.22b-3-9, Karl Marx Street, Powerpet, Eluru – 534002. Shop No 1128, First floor, 3rd Line,Sri Bapuji Bharat Petroleum, Opp. T.K.Complex, Dimapur -797112.New Delhi: 7-E, 4th Floor, Deen Dayaal Research Institute Building, Market Complex,Ongole – 523001. Bhanu Murali & Co, Portion 3,1st Floor, #3-16, Behind NRI Hospital, Srinivasa Nagar, NCS Swami Ram Tirath Nagar, Near Videocon Tower, Jhandewalan Extension, New Delhi - 110055. Flat no.512, Narian Manzil, 23 Road,Vijaynagaram-535003 Assam: Piyali Phukan Road, K. C. Path, House No – 1, Rehabari, Guwahati - 781008. Bhowal Barakhamba Road, Connaught Place, NewDelhi - 110001.Aggarwal Cyber Plaza-II, Commercial Unit No 371,3rd floor, Plot No Complex Ground Floor, Near Dena Bank, Rongagora Road, Tinsukia - 786125. G.N.B.Road, Bye Lane, Prakash Cinema, Po & Dist. C-7, Netaji Subhash Place, Pitampura – New Delhi 110034.306, 3rd Floor, DDA -2 Building District Centre, Janakpuri, New Delhi Bongaigaon -783380. Amba Complex, Ground Floor, H S Road, Dibrugarh-786001. Jail Road, Dholasatra, Near jonaki shanga -110058 Orissa: Plot No -111, Varaha Complex Building, 3rd Floor, Station Square, Kharvel Nagar, Unit 3, Bhubaneswar - vidyalaya post office, Dholasatra, Jorhat-785001. Utaplendu Chakraborthy, Amulapathy, V.B.Road, House No.315, Nagaon 751001. Ground Floor, Kalika Temple Street,Beside SBI Bazar Branch, Berhampur- 760 002. Near Indian Overseas Bank, -782003. House No. 18B, 1st Floor, C/o. Lt. Satyabrata Purkayastha, Opposite to Shiv Mandir, Ambicapatty, Silchar -788004. Cantonment Road, Mata Math, Cuttack - 753001. J B S Market Complex, 2nd Floor, Udit Nagar, Rourkela -769012. C/o Raj Kanak Tower -1st Floor Opp. IDBI Bank/ ICICI Bank C.K. Das Road, Tezpur Sonitpur - 784001 Bihar: G-3, Ground Floor, OM Tibrewal & Associates, Opp. Town High School, Sansarak Sambalpur - 768001. B C Sen Road, Balasore - 756001. Similipada, Complex Near Saket Tower, SP Verma Road, Patna - 800001. Brahman Toli, DurgasthanGola Road, Muzaffarpur - 842001. Near Sidhi Binayak +2 Science Collage, Angul-759122.Pondicherry: S-8, 100, Jawaharlal Nehru Street (New Complex, Opp. Ground Floor, Gurudwara Road,Near Old Vijaya Bank, Bhagalpur -812001. Ground Floor, Belbhadrapur, Near Sahara Office, Indian Coffee House), Pondicherry - 605001. Punjab: Deepak Tower, SCO 154-155, 1st Floor-Sector 17, Chandigarh - 160017. Laheriasarai Tower Chowk, Laheriasarai, Darbhanga - 846001. Old NCC Office, Ground Floor, Club Road, Arrah-802301. R-C U/GF, Prince Market, Green Field, Near Traffic Lights, Sarabha Nagar Pulli, Pakhowal Road, Ludhiana - 141002. 3rd Floor Bearing Palace, Amber Station Road, Opp Mamta Complex, Biharsharif – 803101. North Bisar Tank,Upper Ground Floor,Near-I.M.A. Unit no- 313,Mukut House,Amritsar – 143001. 144, Vijay Nagar, Near Capital Small Finance Bank, Football Chowk Jalandhar Hall,Gaya-823001.Chattisgarh: First Floor, Plot No. 3, Block No. 1, Priyadarshini Parisar West, Behind IDBI Bank Nehru Nagar, City – 144001.35 New Lal Bagh, Opposite Polo Ground, Patiala: 147001. 2907 GH, GT Road, Near Zila Parishad, Bhatinda - Bhilai - 490020. HIG, C-23 Sector - 1, Devendra Nagar, Raipur - 492004. Shop No. B - 104, First Floor, Narayan Plaza, Link Road, 151001. Near Archies Gallery, Shimla Pahari Chowk, Hoshiarpur - 146001. 9 NO. New town, Opp. Jaswal Hotel,Daman Building, Bilaspur - 495001 Goa:Office no 103, 1st Floor, Unitech City Centre, M.G. Road, Panaji - 403 001. F4- Classic Heritage, near Axis Moga-142001 . Opp Bank of Bikaner and Jaipur, Harchand Mill Road, Motia Khan,Mandi Gobindgarh -147301. 13 - A, Ist Floor, Bank, Opp. BPS Club, Pajifond Margao - 403601. Office no. CF-8, 1st Floor, Business Point, Above Bicholim Urban Co-op Bank, Gurjeet Market, Dhangu Road, Pathankot – 145001. Shop No.2, Model Town, Near Joshi Driving School, Phagwara-144401. Angod, Mapusa - 403507. No DU 8, Upper Ground Floor, Behind Techoclean Clinic, Suvidha Complex Near ICICI Bank, Vasco - Rajasthan: R-7, Yudhisthir Marg, C-Scheme, Behind Ashok Nagar Police Station, Jaipur - 302001. AMC No. 423/30 Near Church, 403802. Gujarat: 111- 113, 1st Floor - Devpath Building, Off C G Road, Behind Lal Bungalow, Ellis Bridge, Ahmedabad - Opp T B Hospital, Jaipur Road, Ajmer - 305001. 256A, Scheme No:1, Arya Nagar, Alwar - 301001. C/o Kodwani Associtates, Shop 380006. Shop No-G-5, International Commerce Center, Nr. Kadiwala School, Majura Gate, Ring Road, Surat – 395002. 103 Aries No 211-213, 2nd floor, Indra Prasth Tower, Syam Ki Sabji Mandi, Near Mukerjee Garden Bhilwara - 311001. 1/5, Nirmal Tower, Complex, BPC Road, Off R.C.Dutt Road, Alkapuri, Vadodara - 390007. 101, A.P. Tower, B/H, Sardhar Gunj, Next to Nathwani 1st Chopasani Road, Jodhpur - 342003. B-33 ‘Kalyan Bhawan, Triangle Part, Vallabh Nagar, Kota - 324007. 32, Ahinsapuri, Chambers, Anand - 388001. 305-306, Sterling Point, Waghawadi Road, Opp HDFC BANK, Bhavnagar - 364002. 207, Manek Fatehpura circle, Udaipur- 313001. Behind Rajasthan Patrika, in front of Vijaya Bank, 1404, Amar Singh Pura, Bikaner - 334001. Centre, P N Marg, Jamnagar - 361001. Office 207 - 210, Everest Building, Harihar Chowk, Opp Shastri Maidan, Limda Chowk, 3, Ashok Nagar, Near Heera Vatika, Chittorgarh - 312001. 1st Floor, Opposite Yash Tower Parking, Pawan Travels Street, Front of Rajkot - 360001. 3rd floor, Gita Nivas, Opp Head Post Office, Halar Cross Lane, Valsad - 396001. 214-215,2nd floor, Shivani Park, City Center Mall, Station Road, Sikar-332001. Sikkim: Hotel Haritage Sikkim,Ground Floor, Diesel Power House Road Opp. Shankheswar Complex, Kaliawadi, Navsari –396445. Office No. 4-5, First Floor RTO, Relocation Commercial Complex –B (D.P.H.Road), Near Janta Bhawan, P.O & P.S.Gangtok, Dist East -737101 Tamilnadu: Ground Floor No.178/10, Kodambakkam Opp. Fire Station, Near RTO Circle, Bhuj -370001. “Aastha Plus”, 202-A, 2nd Floor, Sardarbag Road, Near. Alkapuri, Opp. Zansi High Road, Opp. Hotel Palmgrove, Nungambakkam-Chennai - 600034. No 1334; Thadagam Road, Thirumoorthy Layout, Rani Statue, Junagadh - 362001. Shop No - F -56, First Floor, Omkar Complex, Opp Old Colony, Near Valia Char Rasta, GIDC, R.S.Puram, Behind Venkteswara Bakery, Coimbatore – 641002. 1st Floor, 278, North Perumal Maistry Street (Nadar Lane), Ankleshwar -393002. 1st Floor, Subhadra Complex, Urban Bank Road, Mehsana - 384002. 208, 2nd Floor, HEENA ARCADE, Opp. Madurai - 625001. 197, Seshaiyer Complex, Agraharam Street, Erode - 638001. No. 2, I Floor Vivekananda Street, New Fairlands, Tirupati Tower, Near G.I.D.C. Char Rasta, Vapi - 396195. F-108, A-111, First Floor, R K Casta, Behind Patel Super Market, Station Salem - 636016. 1(1), Binny Compound, II Street, Kumaran Road, Tirupur, - 641601.No. F4, Magnem Suraksaa Apartments Road, Bharuch -392001. F-142, First Floor, Ghantakarna Complex, Gunj Bazar, Nadiad - 387001. A/177, Kailash Complex, Opp. Tiruvananthapuram Road Tirunelveli-627 002. No 8, 1st Floor, 8th Cross West Extn, Thillainagar, Trichy - 620018. AKT Complex Khedut Decor Gondal - 360311. Shyam Sadan, First Floor, Plot No 120, Sector 1/A, Gandhidham – 370201. D-78, First Floor, 2nd Floor, No 1,3 New Sankaranpalayam Road Tolgate, Vellore – 632001. Jailani Complex47, Mutt Street, Kumbakonam - New Durga Bazar, Near Railway Crossing, Himmatnagar - 383001. Gopal Trade Center,Shop No. 13-14, 3rd Floor, Nr. BK 612001. 126 G, V.P.Towers, Kovai Road, Basement of Axis Bank, Karur - 639002. 16A/63A, Pidamaneri Road, Near Indoor Mercantile Bank,Opp. Old Gunj, Palanpur - 385001. Shop No. 12, M.D. Residency, Swastik Cross Road, Surendranagar - 363001. Stadium, Dharmapuri - 636701. Survey No.25/204, Attibele Road, HCF Post, Mathigiri, Above Time Kids School, Opposite to B 1, 1st Floor, Mira Arcade, Library Road, Opp SBS Bank,Amreli-365601. F-10, First Wings, Desai Market, Gandhi Kuttys Frozen Foods, Hosur - 635 110. 156A / 1, First Floor, Lakshmi Vilas Building, Opp. District Registrar Office, Trichy Road, Road,Bardoli-394601. No.507, 5Th Floor, Shree Ugati Corporate Park, Opp Pratik Mall, Nr Hdfc Bank, Kudasan, Namakkal - 637001. No 59 A/1, Railway Feeder Road (Near Railway Station) Rajapalayam - 626117. 4B/A16, Mangal Mall Gandhinagar-382421. 1st Floor, Prem Praksh TowerB/H B.N. Chambers, Ankleshwar, Mahadev Road, Godhra – 389001. Complex, Ground Floor, Mani Nagar, Tuticorin - 628003. No.158, Rayala Tower-1, Anna salai, Chennai - 600002.III Floor, B R Haryana: B-49, 1st Floor, Nehru Ground, Behind Anupam Sweet House NIT, Faridabad - 121001. SCO - 16, Sector - 14, First Complex, No.66, Door No. 11A, Ramakrishna Iyer Street,Opp. National Cinema Theatre ,West Tambaram, Chennai – 600 045. floor, Gurgaon - 122001. SCO 83-84, First Floor, Devi Lal Shopping Complex, Opp RBL Bank, G.T.Road , Panipat - 132103. SCO 06, Shop No 1&2 Saradaram complex door no 6-7Theradi kadai street, Chidambaram – 608001. IV Floor, Kalluveettil Shyras Center, Ground Floor, MR Complex, Near Sonipat Stand Delhi Road, Rohtak-124 001. 124-B/R, Model Town, Yamuna Nagar - 135001. 47,Court Road, Nagercoil - 629001. Telangana: HNo.7-1-257, Upstairs S B H Mangammathota, Karimnagar - 505001. Shop No: 12, Opp. Bank of Baroda, Red Square Market, Hisar - 125001. Opposite Peer, Bal Bhawan Road, Ground Floor, Ambala - 134 003. 11 - 2 - 31/3, 1st floor, Philips Complex, Balajinagar, Wyra Road, Near Baburao Petrol Bunk, Khammam - 507001. 208, II M G Complex, Bhawna Marg, Beside Over Bridge, Sirsa - 125055. 29, Avtar Colony, Behind Vishal Mega Mart, Karnal – 132001. FloorJade Arcade Paradise Circle, Hyderabad - 500003. Hno. 2-4-641, F-7, 1st Floor, A.B.K Mall, Old Bus Depot Road, Ramnagar, SCO-12, 1st Floor, Pawan Plaza, Atlas Road, Subhas Chowk, Sonepat-131001. Himachal Pradesh: I Floor, Opp. Panchayat Hanamkonda, Warangal - 506001. No. 15-31-2M-1/41st Floor, 14-A, MIG KPHB Colony, Kukatpally, Hyderabad – 500072. No.1- 3-110/A, Opp. harmony Arcade, Near Srinivas Reddy Hospital, Rajendra Nagar, New Town, Mahabubnagar-509001. No-6-4-80, 1st Floor, New Market Complex, Durgachak Post Office, Durgachak, Haldia - 721602. Daxhinapan Abasan, Opp Lane of Hotel, 1st Floor, Above Allahabad Bank, Opp. Police Auditorium, V T Road, Nalgonda-508001. 5-6-208, Saraswathi nagar, Opposite Dr. Kalinga, SM Pally, Malda – 732101. Cinema Road, Nutanganj, Beside Mondal Bakery, PO & District – Bankura -722101, 47/5/1, Bharathi Rani Nursing Home, Nizamabad - 503001 Tripura: Advisor Chowmuhani (Ground Floor), Krishnanagar, Agartala Raja Rammohan Roy Sarani PO. Mallickpara, Dist. Hoogly Seerampore -712203. Mukherjee Building, Ground Floor, Basantapur -799001. Uttarakhand: 204/121 Nari Shilp Mandir Marg, Old Connaught Place, Dehradun - 248001. 22, Civil Lines, Ground Nursing Home, Basantapur More, Ward No : 05, Post : Arambagh, Dist: hooghly, Pinno : 712601. RBC Road, Ground Floor, Near Floor, Hotel Krish Residency, Roorkee - 247667. Dev Bazar, Bazpur Road, Kashipur-244713. Uttar Pradesh: 1st Floor 106 to Barasat Kalikrishna girls High School,Barasat-700124. No.107/1, A C Road, Ground Floor, Bohorompur, Murshidabad, -742103. 108, City Centre Phase II, 63/ 2, The Mall, Kanpur -208001. First Floor C-10 RDC Rajnagar,Opp Kacheri Gate No.2, Ghaziabad - Room No.FB28,1st Floor, Netaji Market, Bolpur -731204.. Nipendra Narayan Road (N.N Road) Opposite Udichi Market Near – 201002. Office no,107,1st floor , Vaishali Arcade Building, Plot no 11, 6 Park Road, Lucknow-226001. No. 8, 2nd Floor, Maruti Banik Decorators PO & Dist , Cooch Behar – 736101. Babu Para, Beside Meenaar Apartment ,Ward No VIII, Kotwali Police Station Tower Sanjay Place, Agra - 282002. 30/2, A&B, Civil Lines Station, Besides Vishal Mega Mart, Strachey Road, Allahabad - – 735101. Shop No 6, Shriram Commercial Complex Infront of Hotel Blue Diamond Ground Floor, T.P. Nagar,Korba – 495677. R.N 211001. Shop No. 5 & 6, 3rd Floor, Cross Road The Mall, A D Tiraha, Bank Road, Gorakhpur – 273001. 108 1st Floor, Shivam Plaza, Tagore Road, In front of Kotawali P.S.Krishnanagar Nadia-741101. Rabindra Pally Beside of Gitanjali Cenema Hall P O & P S Opp Eves Cinema, Hapur Road, Meerut - 250002. H 21-22, Ist Floor, Ram Ganga Vihar Shopping Complex, Opposite Sale Tax Raiganj, Dist North Dijajpur Raiganj – 733134. Police Line, Ramakrishnapally, Near Suri Bus Stand, Suri – 731101. Office, Moradabad - 244001. Office no 1, Second floor, Bhawani Market, Building No. D-58/2-A1, Rathyatra Beside Kuber Complex, Varanasi - 221010. Opp SBI Credit Branch, Babu Lal Kharkana Compound, Gwalior Road, Jhansi - 284001. City Enclave, OFFICIAL POINT OF ACCEPTANCE FOR TRANSACTIONS IN ELECTRONIC FORM Opp. Kumar Nursing Home, Ramghat Road, Aligarh - 202001. F-62 - 63,Second Floor, Butler Plaza, Civil Lines, Bareilly- 243001 Investors can undertake any transaction, including purchase / redemption / switch and avail any such online services as may be . 1st Floor, Krishna Complex, Opp. Hathi Gate, Court Road, Saharanpur - 247001. E – 3, Ground Floor , Sector 3, Near Fresh Food provided by the AMC from time to time through the online facility available on its official website - www.mahindramanulife. Factory, Noida - 201301, Near JCB Office, Noida - 201301. CAMS C/O Rajesh Mahadev & Co, Shop No 3, Jamia Comlex Station Road, Basti - 272002. 1/13/196, A, Civil Lines behind Triupati Hotel, Faizabad – 224001. Durga City Centre, Nainital Road, com which is the official point of acceptance for electronic transactions. Further, secured internet sites operated by CAMS will Haldwani - 263139. Gopal katra, 1st Floor, Fort Road, Jaunpur-222001. 159/160 Vikas Bazar Mathura - 281001. 17, Anand be the official point of acceptance for electronic transactions received from specified banks, financial institutions, distributors, Nagar Complex, Opposite Moti Lal Nehru Stadium, SAI Hostel, Jail Road, Rae Bareilly - 229001. Bijlipura, Near Old Distt Hospital, channels etc. with whom the AMC has entered or may enter into specific arrangements. The servers of the AMC and CAMS will Jail Road , Shahjahanpur - 242001. Arya Nagar, Near Arya Kanya School, Sitapur - 261001. 967, Civil Lines, Near Pant Stadium, be the official point of acceptance for all such online / electronic transaction facilities offered by the AMC. Sultanpur - 228001. 53, 1st Floor, Shastri Market, Sadar Bazar, Firozabad, Uttarpradesh-283203. F-3, Hotel Shaurya,New Model Colony,Haridwar-249 408. Ground Floor, Canara Bank Building, Dhundhi Katra, Mirzapur - 231001. F26/27-Kamadhenu Market, POINT OF SERVICE LOCATIONS (“POS”) OF MF UTILITIES INDIA PVT. LTD. (“MFUI”) Opp. LIC Building, Ansari Road, Muzaffarnagar – 251001. Opp Dutta Traders Near Durga Mandir Balipur Pratapgarh – 230001. The online transaction platform of MF Utility (“MFU”) i.e. www.mfuonline.com and the POS locations of MFU as designated West Bengal: Plot No. 3601, Nazrul Sarani, City Centre, Durgapur - 713216. Kankaria Centre, 2/1, Russell Street, (2nd Floor), / updated from time to time, shall be the Official Points of Acceptance (OPA) for transactions in the Scheme(s) of Mahindra Kolkata - 700071. Block – G 1st Floor, P C Chatterjee Market Complex, Rambandhu Talab PO, Ushagram, Asansol - 713303. 1st Manulife Mutual Fund. For updated list of authorised POS of MFU, please visit the website of MFUI at www.mfuindia.com Floor, Above Exide Showroom, 399 G T Road Burdwan-713101. 78 , Haren Mukherjee Road, 1st floor, Beside SBI Hakimpara, Siliguri 734001. A – 1/50, Block A, Kalyani - 741235. “Silver Palace”, OT Road, Inda- Kharagpur, G.P-Barakola, P.S - Kharagpur In addition to above, Eligible Trading Members/ Depository Participants / Mutual Fund Distributors/SEBI Registered Advisors Local - 721305, Dist-West Midnapore. 2A, Ganesh Chandra Avenue, Room No.3A, Commerce House 4th Floor, Kolkata - 700013. will be considered as the Official Point of Acceptance for the transactions through NSE MFSS, NMF II & BSE StAR platform. Mahindra Manulife Investment Management Private Limited (Formerly known as 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 400018 India Corporate Office: Sadhana House, 1st Floor, 570 , P.B. Marg, Worli, Mumbai - 400018, India Email: m [email protected] | Tel: + 91 22 66526000 | Fax: +91 22 24984170 Website: www.mahindramanulife.com | Toll free: 1800 419 6244