Mahindra Manulife Mutual Fund has announced the launch of its Innovation Opportunities Fund, an open-ended equity scheme aimed at investing in companies aligned with innovation-driven growth. The NFO opens on January 9, 2026, and closes on January 23, 2026.
The scheme is designed to invest predominantly in equity and equity-related instruments of companies following the innovation theme, covering both radical and disruptive innovations reshaping industries. Asset allocation includes 80%–100% in innovation-themed equities, with flexibility to invest in non-theme equities, foreign securities, debt instruments, REITs and 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 scheme’s asset allocation also allows exposure to money market instruments such as treasury bills, commercial papers and government securities with maturity up to one year.