Mahindra Manulife Mutual Fund has launched the Mahindra Manulife Innovation Opportunities Fund, an open-ended equity scheme investing in companies driven by innovation-led transformation. The NFO period runs from January 9 to January 23, 2026, after which the scheme will reopen for continuous sale and repurchase from February 2, 2026.
The fund will invest primarily in equity and equity-related instruments of innovation-focused companies, while retaining flexibility to invest in foreign securities, debt and money market instruments, REITs and InvITs. The scheme also allows investment in equity derivatives up to 50% of the equity component.
The fund will be jointly managed by Ms. Kirti Dalvi and Mr. Renjith Sivaram Radhakrishnan, who bring extensive experience across equity research, capital goods, engineering and consumer sectors.
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”.
