Mahindra Manulife Innovation Opp Fund
The Scheme shall seek to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies following innovation theme.
Growthvine rating: 1/5 — ranked #158 of 179 in category.
Fund basics
| Category | Equity: Thematic |
|---|---|
| NAV | ₹10.97 (as of 2026-09-11) |
| AUM | ₹206 Cr |
| Expense ratio | 2.10% |
| Riskometer | Very High |
| Fund manager | Renjith Sivaram Radhakrishnan |
| Exit load | 0.5% for redemption within 3 months |
Performance & risk
| Standard deviation | 0.00% |
|---|---|
| Max drawdown | -10.55% |
| Alpha | 0 |
| Beta | 0 |
Over 5 years, captured 68.8% of Nifty India Digital's upside and 47.8% of its downside.
Market cap allocation
| Large cap | 47.2% |
|---|---|
| Mid cap | 35.0% |
| Small cap | 17.8% |
Concentration
| Top 5 holdings | 15.0% |
|---|---|
| Top 10 holdings | 26.8% |
| Total holdings | 48 |
Top holdings
- Triparty Repo — 7.6%
- Eternal Limited — 3.9%
- Bajaj Finance Limited — 3.1%
- ICICI Bank Ltd. — 3.1%
- Torrent Pharmaceuticals Ltd. — 2.5%
- Reliance Industries Ltd — 2.4%
- AXIS Bank Ltd. — 2.4%
- Bharti Airtel Ltd. — 2.4%
- InterGlobe Aviation Limited — 2.4%
- Aster DM Healthcare Limited — 2.3%
Top sectors
- Banking & Financial — 10.2%
- Pharma & Biotech — 9.4%
- Automobile — 6.7%
Calendar-year track record
No calendar-year history.