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Mahindra Manulife Innovation Opportunities Fund - Regular - Growth is an equity scheme managed by Mahindra Manulife Mutual Fund. Risk-adjusted return (Sharpe ratio) is 0.00. The total expense ratio is 2.39% on assets of ₹181Cr. The fund is currently managed by Ms. Kirti Dalvi, appointed within the last year.
Lower is better.
This scheme classifies as Large-Blend on the 3x3 equity style box, with 69% of its portfolio classified as of 2026-04-30.
| Holding | Sector |
|---|
Backtested SIP outcomes across both rolling-window scenarios and named historical stress events (COVID, Election uncertainty, Russia/Ukraine, etc.), plus per-manager alpha during their tenure on this scheme.
| Scheme | AMC | AUM | TER | 3Y |
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Mutual fund investments are subject to market risks. Read all scheme-related documents carefully. Past performance is not indicative of future results. MintByte is an AMFI-registered Mutual Fund Distributor (ARN-314872) and APMI member (APRN-01658). MintByte does not issue buy/sell recommendations on specific securities — the site is an educational data and analytics platform. Star ratings on this page reflect a 3-year category-quartile position computed in-house and are educational only.
Mutual fund schemes are subject to market risk. Read all scheme-related documents carefully before investing. Past performance is not indicative of future results. MintByte is an AMFI-registered mutual fund distributor (ARN-314872). MintByte does not issue buy/sell recommendations on specific securities — the site is an educational data and analytics platform. Not investment advice. Methodology · How we earn.
In-house derivations using 3-year daily NAV vs benchmark. See methodology.
| Weight |
|---|
| Bajaj Finance Limited | Financial Services | 3.34% |
| Hindustan Aeronautics Ltd | Industrials | 2.30% |
| Belrise Industries Limited | Consumer Cyclical | 2.05% |
| Swiggy Pvt Ltd | Consumer Cyclical | 1.83% |
| Varun Beverages Ltd | Consumer Defensive | 1.80% |
| Coforge Limited | Technology | 1.15% |
| Sector | Holdings | Weight |
|---|---|---|
| Pharmaceuticals & Biotechnology | 5 | 10.67% |
| Banks | 4 | 9.73% |
| Transport Services | 3 | 6.85% |
| Auto Components | 1 | 6.02% |
| Retailing | 1 | 5.97% |
| It - Software | 1 | 5.16% |
| Finance | 1 | 4.94% |
| Electrical Equipment | 2 | 4.91% |
| Healthcare Services | 2 | 4.78% |
| Telecom - Services | 2 | 4.54% |
| Industrial Products | 2 | 4.24% |
| Chemicals & Petrochemicals | 2 | 4.12% |
| Beverages | 1 | 4.08% |
| Aerospace & Defense | 1 | 3.89% |
| Petroleum Products | 1 | 3.48% |
| Construction | 1 | 2.96% |
| Financial Technology (Fintech) | 1 | 2.57% |
| Automobiles | 1 | 2.40% |
| Power | 1 | 1.73% |
| Insurance | 1 | 1.63% |
| Textiles & Apparels | 1 | 1.42% |
| Cement & Cement Products | 1 | 1.34% |
Active bets vs the average Equity fund. Biggest deviations shown first.
Accent bar = fund's actual sector weight. Vertical black tick = category average for the same sector. Green overlay = overweight, dashed red = underweight. The biggest active bets show first.
How crowded into the same stocks is this fund vs the largest fund in its category?
Category leader = highest-AUM scheme in the same SEBI category. A high overlap-of-weight number means the fund is concentrated into the same names as the leader (crowded); a low one means it's genuinely differentiated.
Top-10 weight 12.5% means the portfolio is broad — even the top names don't dominate. Effective-N is the inverse Herfindahl index — a measure of "how many positions effectively drive the fund" after weighting. Category: Equity.
Compounding maths on a notional ₹10 lakh lumpsum at 12% gross annual return. Green bar is what you'd have without the fee; red overlay is the fee drag. Fee is constant in this scenario — actual outcomes depend on real returns and any future TER changes.
Alpha is the annualised excess return vs benchmark over the manager's tenure on this scheme. Beat-benchmark = total return beat the index over the same window.
| 5Y |
|---|
| Star |
|---|
| Kotak Pioneer Fund- Regular Plan- Growth Option | Kotak Mahindra Mutual Fund | ₹3,495 Cr | 1.86% | +19.84% | +15.27% | 5★ |
| Axis Innovation Fund - Regular Plan - Growth Option | Axis Mutual Fund | ₹1,178 Cr | 2.18% | +14.49% | +11.20% | 4★ |
| UTI Innovation Fund - Regular Plan - Growth Option | UTI Mutual Fund | ₹740 Cr | 2.28% | — | — | 1★ |
| Baroda BNP Paribas Innovation Fund Regular plan - Growth Option | Baroda BNP Paribas Mutual Fund | ₹870 Cr | 2.32% | — | — | 3★ |
| Bandhan Innovation Fund - Regular Plan - Growth | Bandhan Mutual Fund | ₹2,102 Cr | 3.77% | — | — | 3★ |
| SBI Innovative Opportunities Fund - Regular Plan - Growth | SBI Mutual Fund | ₹4,988 Cr | 1.94% | — | — | 1★ |
| Motilal Oswal Innovation Opportunities Fund- Regular Plan- Growth | Motilal Oswal Mutual Fund | ₹525 Cr | 2.60% | — | — | 4★ |
| HDFC INNOVATION FUND - REGULAR PLAN - GROWTH OPTION | HDFC Mutual Fund | ₹2,621 Cr | 1.95% | — | — | — |
| Union Innovation & Opportunities Fund - Regular Plan - Growth Option | Union Mutual Fund | ₹1,105 Cr | 2.14% | — | — | 2★ |
| Nippon India Innovation Fund-Regular Plan-Growth Option | Nippon India Mutual Fund | ₹2,778 Cr | 2.46% | — | — | 2★ |