NIPPON INDIA CONSERVATI…₹3.84237.03% NIPPON INDIA EQUITY SAV…₹0.65126.00% NIPPON INDIA TAIWAN EQU…₹33.872.96% INVESCO INDIA GOLD ETF₹42.682.72% NIPPON INDIA NIFTY REAL…₹8.422.57% TATA NIFTY REALTY INDEX₹9.272.57% QUANTUM GOLD ETF₹57.722.54% UNION GOLD ETF₹17.382.48% AXIS GOLD₹44.112.42% BANDHAN GOLD ETF₹9.972.34% NIPPON INDIA CONSERVATI…₹3.84237.03% NIPPON INDIA EQUITY SAV…₹0.65126.00% NIPPON INDIA TAIWAN EQU…₹33.872.96% INVESCO INDIA GOLD ETF₹42.682.72% NIPPON INDIA NIFTY REAL…₹8.422.57% TATA NIFTY REALTY INDEX₹9.272.57% QUANTUM GOLD ETF₹57.722.54% UNION GOLD ETF₹17.382.48% AXIS GOLD₹44.112.42% BANDHAN GOLD ETF₹9.972.34%
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GFS » Mutual Fund » Sectoral / Thematic » Mahindra Manulife Innovation Opportunities Fund
Published NAVNAV published by the AMC, sourced from AMFI
9.069.8310.6011.372 Feb 20263 Sep 2026
Change+10.9%change over the window — not annualised
Low / high₹9.18 / ₹11.2523 Mar 2026 · 27 Aug 2026
Last print+0.56%2 Sep 2026 → 3 Sep 2026
Prints147published NAVs, AMFI · axis does not start at zero

Returns

NAV and returns as at 03 Sept 2026
Lumpsum · point to point
1W -1.2%
1M -0.2%
3M +6.69%
6M +12.52%
YTD
1Y
2Y CAGR
3Y CAGR
5Y CAGR
10Y CAGR
SIP · XIRR on monthly instalments
6M SIP +30.37%
1Y SIP
2Y SIP
3Y SIP
5Y SIP
10Y SIP
Full history SIP +30.37%
Periods up to one year are absolute; longer periods are annualised (CAGR). SIP figures are the XIRR of a fixed monthly instalment over the same window. — means this scheme’s NAV history does not cover that period — across all 1648 schemes, 68.3% have a 3-year figure, 49% a 5-year one, and 32.2% a 10-year one.

Returns vs category

Average is the mean of every Sectoral/ Thematic scheme in this dataset that discloses the period — 218 schemes at 1Y, 128 at 3Y, 94 at 5Y. Returns beyond one year are annualised.

Top holdings

as at 31 Jul 2026 · source: AMC monthly portfolio disclosure
Eternal LimitedRetailing 3.89%
Bajaj Finance LtdFinance 3.12%
ICICI Bank LimitedBanks 3.08%
Torrent Pharmaceuticals LimitedPharmaceuticals & Biotechnology 2.46%
Reliance Industries LimitedPetroleum Products 2.44%
Axis Bank LimitedBanks 2.4%
InterGlobe Aviation LimitedTransport Services 2.38%
Bharti Airtel LimitedTelecom - Services 2.38%
Aster DM Quality Care LimitedHealthcare Services 2.34%
Dr. Lal Path Labs LimitedHealthcare Services 2.33%
Top 10 26.82%Securities 48Securities total 91.35%Cash & equivalents 9.74%
The ten largest securities by weight, out of 48 disclosed. Weight is percent of net assets as filed. Cash-equivalent lines (TREPS, reverse repo, net receivables, margin) and derivative legs are counted in the chips above but not ranked among securities, because a short futures leg is filed as a negative weight and sorting it alongside a shareholding describes no portfolio. A portfolio is a point-in-time filing and changes every month.

Risk

Volatility · annualised · 7 months
17.15%
Max drawdown · 7 months
-10.55%
Sharpe ratio
1.23
SEBI riskometer
Very High
Volatility is the annualised standard deviation of daily NAV moves over the 7 months of NAV history this scheme has, 02 Feb 2026 to 03 Sept 2026; max drawdown is the deepest peak-to-trough fall in that same window. Where a scheme has less than three years of NAV, the window is what it actually has and is labelled as such — never as three years. Sharpe is as disclosed in the scheme key-ratio feed (as at 24 July 2026).
Beta and alpha are not shown. No benchmark series in the source.

Cost

Expense ratio0.94%
Category average1.92%
Exit load0.5%
52W high / low₹11.2493 / ₹9.1846
Expense ratio 0.94% vs a category average of 1.92% — 0.98 percentage points lower. Among Sectoral/ Thematic schemes disclosing an expense ratio it is 44th of 166, cheapest first.
Expense ratio and category average are as disclosed against this scheme in the source; 78.5% of schemes here carry one. The ratio is charged inside the NAV, so every return on this page is already net of it.

Scheme facts

SEBI sub-category Sectoral/ Thematic
Plan / option Regular Growth
Benchmark NIFTY 500 - TRI
Fund manager Kirti Dalvi, Renjith Sivaram
Launched 09 Jan 2026
NAV history here 6m
ISIN INF174V01DA4
AMFI scheme code 154120
SEBI riskometer Very High
Exit load 0.5%
Lock-in None
Minimum lumpsum ₹1,000
Exit load, as disclosed: 0.50% on or before 3M · Nil after 3M
Not shown on this page, and why
Star ratingGFS is an AMFI-registered distributor (ARN-169480), not a SEBI-registered investment adviser. It does not rate schemes.
Scheme AUMScheme-level AUM is not in the source; only AMC-total AUM, which is a different number.
Minimum SIPNot present in the source.
Beta and alphaNo benchmark series in the source.

General SIP calculator

A general SIP illustration: your monthly amount grown at the annual rate you set below, compounded monthly. The rate is your assumption — it is not this scheme’s past return, not a forecast of it, and mutual fund returns are not assured.
Monthly SIP₹10,000
Tenure10 years
Assumed annual return12%
Invested₹12,00,000
Est. gain₹11,23,391
Total value₹23,23,391