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Mahindra Manulife Innovation Opportunities Fund Direct Growth
NAV: 01 Apr '26
₹9.42
Min. for SIP
₹500
Fund size (AUM)
₹162.28 Cr
Expense ratio
0.50%
Rating
--
Holdings (40)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Eternal Ltd. | Services | Equity | 4.31% |
| Bajaj Finance Ltd. | Financial | Equity | 3.97% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.52% |
| ICICI Bank Ltd. | Financial | Equity | 3.36% |
| Interglobe Aviation Ltd. | Services | Equity | 3.24% |
| Acutaas Chemicals Ltd. | Healthcare | Equity | 3.10% |
| Axis Bank Ltd. | Financial | Equity | 3.00% |
| Mahindra & Mahindra Ltd. | Automobile | Equity | 2.95% |
| Aster DM Healthcare Ltd. | Healthcare | Equity | 2.71% |
| Bharti Airtel Ltd. | Communication | Equity | 2.66% |
| Delhivery Ltd. | Services | Equity | 2.48% |
| Divi's Laboratories Ltd. | Healthcare | Equity | 2.47% |
| Kei Industries Ltd. | Capital Goods | Equity | 2.45% |
| Reliance Industries Ltd. | Energy | Equity | 2.45% |
| GE Vernova T&D India Ltd | Capital Goods | Equity | 2.37% |
| PB Fintech Ltd. | Services | Equity | 2.35% |
| Infosys Ltd. | Technology | Equity | 2.33% |
| Dr. Lal Pathlabs Ltd. | Healthcare | Equity | 2.29% |
| Swiggy Ltd. | Services | Equity | 2.28% |
| Tube Investments Of India Ltd. | Automobile | Equity | 2.21% |
| Schaeffler India Ltd. | Capital Goods | Equity | 2.20% |
| Tech Mahindra Ltd. | Technology | Equity | 2.18% |
| Max Financial Services Ltd. | Financial | Equity | 2.08% |
| Hindustan Aeronautics Ltd. | Capital Goods | Equity | 2.07% |
| Biocon Ltd. | Healthcare | Equity | 2.02% |
| Belrise Industries Ltd. | Automobile | Equity | 2.02% |
| Radico Khaitan Ltd. | Consumer Staples | Equity | 1.98% |
| CG Power and Industrial Solutions Ltd. | Capital Goods | Equity | 1.93% |
| Bharat Electronics Ltd. | Capital Goods | Equity | 1.84% |
| Vodafone Idea Ltd. | Communication | Equity | 1.83% |
| Aditya Birla Capital Ltd. | Financial | Equity | 1.78% |
| Varun Beverages Ltd. | Consumer Staples | Equity | 1.77% |
| SRF Ltd. | Chemicals | Equity | 1.74% |
| AIA Engineering Ltd. | Metals & Mining | Equity | 1.74% |
| JSW Energy Ltd. | Capital Goods | Equity | 1.68% |
| JK Cement Ltd. | Construction | Equity | 1.60% |
| Anthem Biosciences Ltd. | Healthcare | Equity | 1.36% |
| Coforge Ltd. | Technology | Equity | 1.28% |
| K.P.R. Mill Ltd. | Textiles | Equity | 1.26% |
| IDFC First Bank Ltd. | Financial | Equity | 1.04% |
See All
Minimum investments
Min. for 1st investment
₹1,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹500
Returns and rankings
Annualised returns
Absolute returns
| Name | 1M | 3M | 6M | All |
|---|---|---|---|---|
| Fund returns | -6.3% | -- | -- | -5.6% |
| Category average (null null) | -- | -- | -- | -- |
| Rank (null null) | -- | -- | -- | -- |
Exit load, stamp duty and tax
Exit load
Exit load of 0.5%, if redeemed within 3 months.
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
Nippon India Small Cap Fund Direct Growth | +1.65% | +19.27% | 67,641.50 | |
Franklin India Mid Cap Fund Direct Growth | -0.93% | +19.12% | 12,327.87 | |
Franklin India Small Cap Fund Direct Growth | -0.48% | +16.64% | 12,934.43 | |
HDFC Small Cap Fund Direct Growth | +1.28% | +16.21% | 37,423.94 | |
Franklin India Technology Fund Direct Growth | -6.24% | +14.69% | 1,670.19 | |
| Compare | ||||
Fund management
RSRRenjith Sivaram RadhakrishnanJan 2026 - PresentView details
RSR
Renjith Sivaram Radhakrishnan
Jan 2026 - Present
View details
KDKirti DalviJan 2026 - PresentView details
KD
Kirti Dalvi
Jan 2026 - Present
View details
About Mahindra Manulife Innovation Opportunities Fund Direct Growth
Mahindra Manulife Innovation Opportunities Fund Direct Growth is a -- Mutual Fund Scheme launched by Mahindra Mutual Fund. This scheme was made available to investors on 04 Feb 2016. Renjith Sivaram Radhakrishnan is the Current Fund Manager of Mahindra Manulife Innovation Opportunities Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹4,742 Cr and the Latest NAV as of 01 Apr 2026 is ₹9.42.
The Mahindra Manulife Innovation Opportunities Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹1,000. Exit load of 0.5%, if redeemed within 3 months.
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Investment Objective
The Scheme shall seek to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies following innovation theme.
Fund benchmarkNIFTY 500 Total Return Index
Fund house
Rank (total assets)#28 in India
Total AUM₹4,742.00 Cr
Date of Incorporation04 Feb 2016
Launch Date04 Feb 2016
Address1st Floor, Sadhana House, Behind Mahindra Tower, 570 P. B. Marg, Worli, Mumbai 400018
Websitewww.camsonline.com
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,