· An open-ended equity scheme following the innovation theme The New Fund Offer (NFO) opens on January 09, 2026, and closes on January 23, 2026 and reopens
for continuous sale and repurchase from
February 02, 2026.
Mumbai : Mahindra
Manulife Mutual Fund, a joint
venture between Mahindra & Mahindra Financial Services Limited (‘Mahindra
Finance’) and Manulife Investment Management (Singapore) Pte.
Ltd has
announced the launch of the Mahindra Manulife Innovation
Opportunities Fund (‘Scheme’), an open-ended equity scheme aiming
to capture long-term growth opportunities arising from radical and disruptive innovation
across sectors. The New Fund Offer (NFO) will open on January 9, 2026, and
close on January 23,
2026. The scheme will reopen for continuous sale and repurchase
from February 2, 2026.
The Scheme aims to
generate long-term capital appreciation by investing predominantly in equity and equity-related securities
of companies following the innovation theme. It will focus on
investing in innovative businesses driving meaningful transformation through product, process and service
innovation, spanning both radical breakthroughs and disruptive
changes that reshape industries.
The scheme will
invest 80%–100%
of the Total Assets in Equity and Equity-Related Instruments including equity
derivatives to the extent of 50% of the equity component of the Scheme of
companies following the innovation theme. The scheme will also invest 0-20% of
its assets to equity instruments of companies outside the innovation theme. The
Scheme also has the flexibility to invest in units of REITs and upto 20% of the
net assets of the Scheme in Foreign Securities (including units/securities
issued by overseas mutual funds) & up to 20% of the Total Assets
in debt and money market instruments (including TREPS and Reverse Repo in
Government Securities), and up to 10%
in units issued by InvITs.
Anthony Heredia, MD
& CEO, Mahindra Manulife Investment Management Pvt. Ltd., said, “Innovation remains one of the most
powerful long-term drivers of sustainable change. The Innovation Opportunities
Fund is designed to provide investors access to companies that are shaping the
future through technology, new business models and structural transformation
across industries.”
The fund will be
managed by Ms. Kirti
Dalvi (Fund Manager – Equity), who brings over 20 years of
experience in equity research and investment management, along with Mr. Renjith Sivaram Radhakrishnan
(Fund Manager & Analyst), with over 15 years of experience
in equity research and fund management across sectors such as capital goods,
engineering and consumer durables.
Krishna Sanghavi, CIO – Equity, Mahindra Manulife
Investment Management Pvt. Ltd
said, “India is entering a phase where
innovation is no longer limited to a few sectors — it is becoming the core
engine of competitive advantage across the economy. From manufacturing and
financial services to healthcare, digital platforms and clean energy, companies
that embrace innovation are building durable growth models. This fund is
designed to identify such businesses, focusing on those with the ability to
scale, adapt over the long term”
The asset
allocation pattern of the Scheme
comprises of Equity and Equity Related Instruments of companies following innovation
theme ^* (80% - 100%), Equity and Equity Related Instruments of companies other
than those mentioned above* (0-20%), Debt and Money Market Securities#$
(including TREPS and Reverse Repo in Government Securities) (0-20%) & Units
Issued by InvITs (0-10%)
Notes: ^ including equity derivatives to the extent of 50% of the
equity component of the Scheme.
*Including
investment in units of REITs and Foreign Securities (including units/securities
issued by overseas mutual funds). The investment in Foreign Securities
(including units/securities issued by overseas mutual funds) shall be up to 20%
of the net assets of the Scheme.
#Money Market
instruments include commercial papers, commercial bills, treasury bills,
Government securities having an unexpired maturity up to one year, call or
notice money, certificate of deposit, usance bills, and any other like instruments
as specified by the Reserve Bank of India from time to time.
$The Scheme may
also invest in units of debt and/or liquid mutual fund schemes of the Fund upto
10% of the net assets of the Scheme subject to compliance with Clause 4 of
Seventh Schedule of the Regulations.For detailed asset allocation, investment strategy, scheme specific risk
factors and more details, please read the Scheme Information Document and Key
Information Memorandums of MAHINDRA MANULIFE INNOVATION OPPORTUNITIES FUND of
Mahindra Manulife Mutual Fund available at ISCs of MMIMPL and Computer Age
Management Services Limited and also available on www.mahindramanulife.com
**The
product labelling /risk level assigned for the Scheme during the New Fund Offer
is based on internal assessment of the Scheme’s characteristics or model
portfolio and the same may vary post New Fund Offer when the actual investments
are made.
Disclaimer: Mutual
Fund investments are subject to market risks, read all scheme related documents
carefully.