Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsIf you redeem within one year, your returns will be taxed at 20%. For redemptions after one year, returns exceeding ₹1.25 lakh in a financial year will be taxed at 12.5%.
Renjith Sivaram Radhakrishnan
Mr. Sivaram is an MBA in Finance and holds a Bachelor’s degree in Mechanical engineering
Prior to joining Mahindra Manulife Mutual Fund, he was associated with ICCI Securities, Antique Stock Broking, B&K Securities and Indian Seamless Steels and Alloys Ltd
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Mahindra Manulife Innovation Opportunities Fund is ₹11.23 as of 2026-08-28.
Mahindra Manulife Innovation Opportunities Fund is classified as a Thematic-Innovation fund.
The Assets Under Management (AUM) of Mahindra Manulife Innovation Opportunities Fund is ₹236.43 Cr.
The expense ratio of Mahindra Manulife Innovation Opportunities Fund is 2.52%.
Mahindra Manulife Innovation Opportunities Fund is managed by Renjith Sivaram Radhakrishnan.
The minimum SIP investment for Mahindra Manulife Innovation Opportunities Fund is ₹500.
As per the SEBI Riskometer, Mahindra Manulife Innovation Opportunities Fund carries a Very High risk level.
Mahindra Manulife Innovation Opportunities Fund has delivered 0% (1Y), 0% (3Y) and 0% (5Y) annualised returns as of 2026-08-28.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
