If safety, ease and growth is your need then

MAHINDRA MANULIFE
SHORT TERM FUND
Is the choice indeed.
An open ended short term debt scheme investing in instruments such that the
Macaulay duration of the portfolio is between 1 year and 3 years
(please refer to page no. 35 of SID)

NFO Period: 9 February to 16 February, 2021

Scheme reopens for continuous sale and repurchase from:

February 25, 2021

SCHEME FEATURES CORE INVESTMENT ARCHITECTURE

l Aims to invest in quality instruments of predominantly These parameters indicate how we are likely to approach the
high safety investment grade portfolio under normal circumstances

l Selection of securities based on Risk Guard Process – QUALITY

An in-house Research and Process Framework
Look to deploy dominant part of the portfolio in high
quality securities
WHO IS IT IDEAL FOR
l Investors looking for a balance of safety, liquidity and yield DURATION
with a 1-3 year horizon Target a portfolio duration of 1 – 3 years
l Investors seeking an alternate to traditional investment
options that have the potential to deliver better risk DIVERSIFICATION
adjusted returns
Aim to minimize concentration risk by continuously
monitoring sector and group exposures
WHY CHOOSE US
Robust internal processes have ensured that no LIQUIDITY
credit events have adversely affected our debt Laddered approach to liquidity
schemes till date
The actual portfolio positioning will be based on the prevailing
Reinforcement of credit and investment processes market conditions and are subject to changes depending on the
by adopting global practices Fund Manager view of the market.

INVESTMENT PROCESS

A part of portfolio to take

In-house macro models tactical asset allocation &
to assess likely future rate Probabilistic Price Action credit calls basis price/yield
outcomes. Models movement.
Driving
Factors
Portfolio positioning basis Tactical
our broad macro view and Macro Portfolio to be
Fundamentals Positioning vs
demand supply dynamics tactically positioned vs
Benchmark
of underlying Fixed Income benchmark
categories.
 Distributed by: Reach us at:

MAHINDRA MANULIFE Sadhana House, 1st Floor, 570, P.B. Marg,

Worli, Mumbai - 400 018, India.
SHORT TERM FUND Phone: +91-22-66327900, Fax: +91-22-66327932
Toll Free No.: 1800 419 6244
Website: www.mahindramanulife.com

FUND POSITIONING ASSET ALLOCATION

l Overarching Fund Positioning Instruments Indicative Allocation Risk Profile

 Accrual/Credit calls at the short end of the yield curve (% of net assets)
Minimum Maximum Low/Medium/
 Rates call with a mix of short and long highly rated High
securities. Debt*and Money 0% 100% Low to Medium
Market Instruments
l Enhance risk adjusted return through asset allocation Units issued by 0% 10% Medium to High
within credits and sovereign securities basis underlying REITs & InvITs
demand supply scenario and evolving macro views. *Includes securitized debt (excluding foreign securitized debt) and debt
instruments having structured obligations/ credit enhancements (such
as corporate / promoter guarantee, conditional and contingent liabilities,
l Endeavour would be to complement fund performance covenants, pledge and / or Non Disposal Undertaking of shares etc) upto 35%
through tactical positioning across term structure at of the net assets of the Scheme.
appropriate times. Note: For detailed asset allocation pattern, please refer SID/KIM of
the Scheme available on our website www.mahindramanulife.com or
visit the nearest ISC.
Benchmark: CRISIL Short Term Bond Fund Index
LONG PERIOD ANALYSIS OF BENCHMARK RETURNS
Let’s look at the long term historic returns of the Crisil Short 3 Year Lumpsum Returns - Rolled Monthly
Term Bond Fund Index to gauge the distribution pattern of index
performance and associated probabilities.
Lumpsum Return Analysis
Return Bucket 1 Year Return 3 Year Return
Distribution (%) Distribution (%)
0-4% 2.26% 0%
4-6% 23.31% 0.91%
6-7% 7.52% 12.73%
7-8% 18.80% 34.55%
8-9% 26.32% 38.18%
9-10% 21.80% 13.64%
Monthly SIP Return Analysis Data Period: Dec 2008 – Jan 2021 | Data Source: MFI | The Returns calculated in
this analysis are Compounded Annualized Growth Returns (CAGR) of Crisil Short Term
SIP Return 1 Year Return 3 Year Return Bond Fund Index rolled at monthly frequency for 1 year and 3 year periods. For SIP
return analysis, monthly investment of equal amounts invested on the 1st business day
Average 7.89% 8.14% of every month has been considered for the given periods and returns are computed
Median 8.36% 8.36% after accounting for the cash flow by using the XIRR method (investment internal rate
of return). The impact of applicable taxation provisions has not been considered for
Min 3.53% 5.92% the above analysis. The data provided above is for illustrative purpose only and should
not be construed as a promise on minimum returns and safeguard of capital. Mahindra
Max 11.73% 9.74% Manulife Investment Management Private Limited (Formerly known as Mahindra
Asset Management Company Private Limited)/Mahindra Manulife Mutual Fund is
not guaranteeing or forecasting any returns. Past performance may or may not be
sustained in future.
SCHEME DETAILS
Fund Managers: Mr. Rahul Pal and Mr. Kush Sonigara (Dedicated Fund Manager for Overseas Investments)
Available Options Growth (D) and Dividend
Available Sub-options/ Facilities under Dividend Option Dividend Reinvestment (D), Dividend Payout
Minimum Application/ Additional Purchase Amount Rs. 1,000 and in multiples of Re. 1/- thereafter
Minimum Amount for Switch in Rs. 1,000/- and in multiples of Re. 0.01/- thereafter.
Minimum Amount for Redemption / Switch-outs Rs. 1,000/- or 100 units or account balance, whichever is lower in respect of
each Option
Exit Load Nil
D- Default

Moderate Moderately
High This product is suitable for investors who are seeking*:
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• Income over short to medium term

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• Investment in debt and money market instruments

Low

Very
High

RISKOMETER * Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Investors understand that their principal
will be at moderate risk

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.