Mumbai: Mahindra Manulife Mutual Fund has announced the launch of the Mahindra Manulife Innovation Opportunities Fund, an open-ended equity scheme designed to tap long-term growth opportunities driven by innovation-led businesses.
The New Fund Offer (NFO) for the Mahindra Manulife Innovation Opportunities Fund will open on January 09, 2026, and close on January 23, 2026, with the scheme reopening for continuous sale and repurchase from February 02, 2026.
The Mahindra Manulife Innovation Opportunities Fund aims to generate long-term capital appreciation by investing predominantly in equity and equity-related securities of companies that follow an innovation theme.
The scheme focuses on businesses driving transformation through product, process, and service innovation, encompassing both radical breakthroughs and disruptive changes across industries.
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Mahindra Manulife Innovation Opportunities Fund Investment Strategy
The Mahindra Manulife Innovation Opportunities Fund will invest 80%–100% of its total assets in equity and equity-related instruments of companies aligned with the innovation theme, including equity derivatives up to 50% of the equity component.
Up to 20% of the assets may be invested in equity instruments of companies outside the innovation theme. The scheme also has the flexibility to invest up to 20% of its net assets in foreign securities, including units or securities issued by overseas mutual funds.
In addition, the scheme may allocate up to 20% of its total assets to debt and money market instruments, including TREPS and reverse repo in government securities, and up to 10% in units issued by Infrastructure Investment Trusts (InvITs).
The fund may also invest in units of Real Estate Investment Trusts (REITs), as permitted under the scheme’s asset allocation framework.
Commenting on the launch, Anthony Heredia, MD & CEO, Mahindra Manulife Investment Management Pvt. Ltd., said that innovation continues to be a key long-term driver of sustainable transformation.
He noted that the Mahindra Manulife Innovation Opportunities Fund is designed to provide investors with exposure to companies shaping the future through technology, new business models, and structural changes across sectors.
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The fund will be managed by Kirti Dalvi, Fund Manager – Equity, who has over 20 years of experience in equity research and investment management, along with Renjith Sivaram Radhakrishnan, Fund Manager & Analyst, with more than 15 years of experience across sectors including capital goods, engineering, and consumer durables.
Krishna Sanghavi, CIO – Equity, Mahindra Manulife Investment Management Pvt. Ltd., stated that innovation is increasingly becoming a core driver of competitive advantage across the Indian economy.
He highlighted that sectors such as manufacturing, financial services, healthcare, digital platforms, and clean energy are witnessing innovation-led growth, and the Mahindra Manulife Innovation Opportunities Fund aims to identify companies with scalable and adaptable long-term growth models.
