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Mahindra Manulife Innovation Opportunities Fund

Mahindra Manulife Mutual FundDirectOpen-endedSectoral/ ThematicRiskometer: Very High Risk

NAV

11.3

as of 21 Aug 2026

Mahindra Manulife Innovation Opportunities Fund is an open-ended Sectoral/ Thematic scheme from Mahindra Manulife Mutual Fund managing ₹236 crore (as of 31 Jul 2026). Its Direct-plan NAV is ₹11.3 as of 21 Aug 2026. The expense ratio is 0.55% a year. Managed by Nilesh Jethani. This page is factual data only — it carries no rating and no recommendation.

Key facts

Expense ratio
0.55% / yr
as of 30 Jun 2026
Fund size
₹236 crore
as of 31 Jul 2026
Exit load
0.5%
SIP available
Yes
Launched
30 Jan 2026
ISIN
INF174V01DA4

₹100 invested, fund vs category

The category line is the average of the funds in this category, built from NYVO’s own NAV data.

Rebased to 100data to 20 Aug 2026Benchmark: Nifty 500 TR INR

Jan 2026Aug 2026
Growth of ₹100, Mahindra Manulife Innovation Opportunities Fund versus Sectoral/ Thematic average.

Mahindra Manulife Innovation Opportunities Fund

₹113

+13% on ₹100

Sectoral/ Thematic average

₹119

+19% on ₹100

Returns vs category

WindowFundCategory avgGap
3 months8.03%
6 months11.26%

No category average is available for this fund. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.

Distance below its own peak

Every dip below 0 is the fund trading under a previous high — how deep and for how long is what a drawdown feels like.

Right now

-0.3% below peak

Jan 2026Deepest: -10.4%Aug 2026

Where the money actually is

Equity

97.0%

Cash

3.0%

Whole-portfolio split, as of 30 Jun 2026.

What it owns

49 positions · top 10 = 29.6%

Market-cap mix

Large 43.2%Mid 35.2%Small 18.7%Other 3.0%

as of 30 Jun 2026

Holdings by sector

  • Industrials(2 in top 10)24.3%
    • InterGlobe Aviation Ltd2.85%
    • Larsen & Toubro Ltd2.69%
  • Financial Services(3 in top 10)20.0%
    • ICICI Bank Ltd3.40%
    • Bajaj Finance Ltd3.16%
    • Axis Bank Ltd3.02%
  • Consumer Cyclical(1 in top 10)14.9%
    • Eternal Ltd3.91%
  • Healthcare(1 in top 10)12.0%
    • Aster DM Quality Care Ltd Ordinary Shares2.57%
  • Technology7.0%
  • Basic Materials(1 in top 10)6.0%
    • Acutaas Chemicals Ltd2.65%
  • Communication Services(1 in top 10)4.5%
    • Bharti Airtel Ltd2.57%
  • Consumer Defensive3.9%

Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 30 Jun 2026.

Other top holdings

  • Reliance Industries Ltd2.78%

The businesses it owns

P/E (trailing)
31.5
P/B
5.2
Dividend yield
0.6%
Net margin
15.1%
Earnings growth
14.0%
Avg market cap
₹1.16 lakh crore

Money in, money out

Net flow, 3 months
+39 cr

as of 31 Jul 2026. Flows follow performance more than they predict it.

Quick answers

What is the NAV of Mahindra Manulife Innovation Opportunities Fund?
₹11.3 per unit as of 21 Aug 2026 (Direct plan, growth). NAV is declared daily on working days.
What is the expense ratio of Mahindra Manulife Innovation Opportunities Fund?
0.55% a year for the Direct plan, as of 30 Jun 2026.
How large is Mahindra Manulife Innovation Opportunities Fund?
₹236 crore under management as of 31 Jul 2026, in the Sectoral/ Thematic category.
How risky is Mahindra Manulife Innovation Opportunities Fund?
Its SEBI Riskometer reading is "Very High Risk". One sector, one story. The most-launched shelf on the map, by far.
Who manages Mahindra Manulife Innovation Opportunities Fund?
Nilesh Jethani, managing this fund for 0.5 years.

Where this fund sits

Other Sectoral/ Thematic funds

Data: NYVO research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (Nifty 500 TR INR) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.