Mahindra Manulife Innovation Opportunities Fund
NAV
₹10.69
as of 6 Oct 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 ₹10.69 as of 6 Oct 2026. The expense ratio is 0.94% a year. Managed by Nilesh Jethani. This page is factual data only – it carries no rating and no recommendation.
Key facts
- Expense ratio
- 0.94% / yr
- as of 31 Aug 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 5 Oct 2026Benchmark: Nifty 500 TR INR
Mahindra Manulife Innovation Opportunities Fund
₹106
+6% on ₹100
Sectoral/ Thematic average
₹117
+17% on ₹100
Returns vs category
| Window | Fund | Category avg | Gap |
|---|---|---|---|
| 3 months | -4.11% | – | – |
| 6 months | 7.54% | – | – |
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.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible – read that number first.
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
-7.1% below peak
Where the money actually is
Equity
91.4%
Cash
8.6%
Whole-portfolio split, as of 31 Jul 2026.
What it owns
51 positions · top 10 = 26.8%
Market-cap mix
Large 43.1%Mid 31.9%Small 16.3%Other 8.7%
as of 31 Jul 2026
Holdings by sector
Industrials(1 in top 10)20.6%
- InterGlobe Aviation Ltd2.38%
Financial Services(3 in top 10)18.6%
- Bajaj Finance Ltd3.12%
- ICICI Bank Ltd3.08%
- Axis Bank Ltd2.40%
Consumer Cyclical(1 in top 10)13.6%
- Eternal Ltd3.89%
Healthcare(2 in top 10)12.0%
- Torrent Pharmaceuticals Ltd2.46%
- Aster DM Quality Care Ltd Ordinary Shares2.34%
- Technology6.8%
- Basic Materials5.0%
Energy(1 in top 10)4.5%
- Reliance Industries Ltd2.44%
Communication Services(1 in top 10)3.9%
- Bharti Airtel Ltd2.38%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 31 Jul 2026. Portfolio turnover 596.0% a year.
Other top holdings
- Triparty Repo7.56%
Exposure figures are gross: funds that use derivatives (arbitrage, hedged books) hold offsetting positions, so concentration and turnover can read above 100%.
The businesses it owns
- P/E (trailing)
- 31.8
- P/B
- 5.3
- Dividend yield
- 0.6%
- Net margin
- 14.8%
- Earnings growth
- 14.7%
- Avg market cap
- ₹1.26 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?
- ₹10.69 per unit as of 6 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of Mahindra Manulife Innovation Opportunities Fund?
- 0.94% a year for the Direct plan, as of 31 Aug 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 0.6 years.
Where this fund sits
Its shelf, all funds
St · Sectoral / thematic →
One sector, one story. The most-launched shelf on the map, by far.
The money map
How big this shelf is in India →
The whole industry sized by real money, from AMFI’s monthly data.
Side by side
Compare this fund →
Put it next to any other fund – growth, returns, risk and cost in one table.
One bet or two?
Check its overlap →
See whether it owns the same stocks as your other funds.
Other Sectoral/ Thematic funds
- ICICI Prudential India Opportunities Fund₹38,338 crore
- ICICI Prudential Business Cycle Fund₹15,873 crore
- Mahindra Manulife Business Cycle Fund₹1,357 crore
- Mahindra Manulife Manufacturing Fund₹673 crore
- quant Teck Fund₹269 crore
- Motilal Oswal Quant Fund₹256 crore
- Motilal Oswal Financial Services Fund₹217 crore
- SBI Equity Minimum Variance Fund₹208 crore
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.