AMC
Mahindra Manulife Mutual Fund
Category
Thematic Fund
ISIN
INF174V01DA4

Mahindra Manulife Innovation Opportunities Fund

₹10.4764

−₹0.1165 (−1.10%)

NAV · Direct · Growth ·

Mahindra Manulife Innovation Opportunities Fund's Direct Growth NAV was ₹10.4764 on 19 Oct 2026, down 1.10% on the day. It is up 4.55% since launch.

52-week NAV range7.8% below high
₹9.2107₹11.3652
Expense ratio
0.94%
Fund size
₹187.60 Cr
Min. investment
₹1,000

NAV history

Between 3 Feb 2026 and 19 Oct 2026, the NAV ranged from ₹9.2107 to ₹11.3652.

Direct · Growth plan. 3Y, 5Y and since-launch returns are annualised; since launch is absolute until the fund is a year old. Longer ranges appear once the fund has that much history.

Fund details

Expense ratio
0.94% (Direct)
Exit load
0.5% if redeemed/switched-out within 3 months from allotment date; nil thereafter
Riskometer
Very high
Benchmark
Nifty 500 TRI (First Tier Benchmark)
Launched
9 Jan 2026
Fund managers
Kirti Dalvi, Renjith Sivaram Radhakrishnan

Fund size, expense ratio and minimums as of 1 Oct 2026.

All plans

PlanISINNAV1 dayExpense ratioSince launch
Direct · GrowthINF174V01DA4₹10.4764−1.10%0.94%+4.55%
Regular · GrowthINF174V01CX8₹10.3459−1.11%2.52%+3.27%
Direct · IDCWINF174V01DC0₹10.4764−1.10%0.94%+4.55%
Regular · IDCWINF174V01CZ3₹10.3460−1.11%2.52%+3.27%

All plans hold the same portfolio. They differ in expense ratio (Direct plans pay no distributor commission) and in how gains are handled (Growth reinvests, IDCW pays out).

About this fund

Mahindra Manulife Innovation Opportunities Fund is an open-ended mutual fund from Mahindra Manulife Mutual Fund, in the Thematic Fund category. It began on 9 Jan 2026. It is benchmarked to the Nifty 500 TRI (First Tier Benchmark). The fund manages ₹187.60 Cr across its plans as of 1 Oct 2026. The Direct · Growth plan has an expense ratio of 0.94%. The minimum first investment is ₹1,000, and SIPs are available.

FAQs

What is the NAV of Mahindra Manulife Innovation Opportunities Fund?

The NAV of Mahindra Manulife Innovation Opportunities Fund (Direct · Growth) was ₹10.4764 on 19 Oct 2026, down 1.10% from the previous NAV.

What plans does Mahindra Manulife Innovation Opportunities Fund have?

Mahindra Manulife Innovation Opportunities Fund has 4 plans: Direct · Growth; Regular · Growth; Direct · IDCW; Regular · IDCW.

What is the expense ratio of Mahindra Manulife Innovation Opportunities Fund?

The Direct · Growth plan of Mahindra Manulife Innovation Opportunities Fund has an expense ratio of 0.94%.

What is the fund size (AUM) of Mahindra Manulife Innovation Opportunities Fund?

Mahindra Manulife Innovation Opportunities Fund manages ₹187.60 Cr across all plans as of 1 Oct 2026.

What returns has Mahindra Manulife Innovation Opportunities Fund delivered?

Mahindra Manulife Innovation Opportunities Fund has returned +4.55% since launch. Past performance does not guarantee future returns.

What is the exit load of Mahindra Manulife Innovation Opportunities Fund?

Mahindra Manulife Innovation Opportunities Fund: 0.5% if redeemed/switched-out within 3 months from allotment date; nil thereafter.

What is the minimum investment and SIP amount for Mahindra Manulife Innovation Opportunities Fund?

The minimum first investment in Mahindra Manulife Innovation Opportunities Fund is ₹1,000, and ₹1,000 after that. SIPs are available (SIP available Weekly/Monthly/Quarterly. Minimum: Rs. 500 (Weekly/Monthly), Rs. 1500 (Quarterly). Minimum instalments: 6 (Weekly/Monthly), 4 (Quarterly)).

How risky is Mahindra Manulife Innovation Opportunities Fund?

Mahindra Manulife Innovation Opportunities Fund is rated "very high risk" on SEBI's riskometer.

For information only. Not investment advice or a research report. Past performance does not guarantee future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.

Full disclaimer

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