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Sectoral / Thematic📊 NIFTY 500 TRI(SEBI default)

Mahindra Manulife Innovation Opportunities Fund · Regular · Growth

Mahindra Manulife Mutual Fund

NAV

₹10.7445

as of 17 Jun 2026

Expense Ratio

2.35%

AUM

₹107 Cr

Viewing Regular · Growth
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Lumpsum returns (CAGR)

1Y
3Y
5Y
Since Inception
+7.45%

SIP returns (XIRR)

1Y
3Y
5Y
Since Inception
+33.43%

Beat the benchmark — ₹500/month SIP

Same SIP in this fund vs the benchmark index

This fund

₹2,574

Benchmark

₹2,533

+₹41 extra wealth vs the benchmark index

Backtest this SIP yourself

SIP since inception — what ₹500/month became

Real NAV backtest from day one

₹2,500

Invested

₹2,574

Value today

15.9%

XIRR (p.a.)

500/month SIP from fund inception · Current value as of today

Try SIP Calculator with this fund's history

1,000 lumpsum at launch — value today

Invested on the fund's first NAV date

₹1,000

Invested

₹1,028

Value today

7.8%

CAGR (p.a.)

One-time investment at fund inception · Growth purely from NAV appreciation

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₹6L corpus via 12-month STP from a liquid fund at inception

₹50K/month transferred from HDFC Liquid → this fund at launch

₹6,00,000

Invested

₹6,20,501

Value today

+0.7%

vs lumpsum

STP beat direct lumpsum by 0.7% — reduced timing risk paid off

Model your own STP with real NAV

Performance Comparison

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Fund Details

Fund HouseMahindra Manulife Mutual Fund
CategorySectoral / Thematic
BenchmarkNIFTY 500 TRI ✓
Launch Date09 Jan 2026
AMFI Code154120
Transaction facts
Min. Lumpsum₹1,000
Min. SIP₹500
Exit LoadExit load: 0.5% is payable if Units are redeemed switched-out up to 3 months from the date of allotment

Available transactions

PurchaseSIPRedeemSWPSwitchSTPDemat

Investment Objective

Mahindra Manulife Innovation Opportunities Fund · Regular · Growth invests in stocks from a specific sector or theme, offering concentrated exposure to a particular area of the economy. These funds carry sector-specific risks but can deliver significant returns when the underlying sector performs well.

About This Fund

Mahindra Manulife Innovation Opportunities Fund · Regular · Growth is a Sectoral / Thematic mutual fund offered by Mahindra Manulife Mutual Fund. The fund has been operational for over 0 years. It manages assets worth ₹107 Cr, reflecting investor confidence in the fund's strategy. It benchmarks its performance against NIFTY 500 TRI. The current expense ratio is 2.35%.

Who Should Invest?

  • Investors with a high risk appetite seeking long-term wealth creation
  • Investors with an investment horizon of 5 years or more
  • SIP investors who can benefit from rupee cost averaging during market fluctuations