Mumbai, 29 May 2026: Mahindra Manulife Mutual Fund (“the Fund”) today announced the launch of ‘MPOWER SIF’ (Specialized Investment Fund) marking its entry into SEBI’s newly notified investment product called Specialized Investment Fund (‘SIF’) and reinforcing its commitment to bringing differentiated investment solutions to investors.
The SIF category offers strategies that go beyond conventional Mutual Funds, including long-short approaches, derivatives-based strategies, and more focused portfolio construction, catering to investors seeking a different approach to meeting their investment goals.
With MPOWER SIF, Mahindra Manulife Mutual Fund aims to address the evolving needs of investors, who are looking to complement their existing mutual funds with products that use derivatives and other tools to create different risk return outcomes.
With MPOWER SIF, the Fund aim to provide a client experience that seeks to meet the investors aspiration, whilst remaining true to the core premise of creating investment outcomes that are consistent and meaningful.
Commenting on the launch, Anthony Heredia, MD & CEO, Mahindra Manulife Investment Management Private Limited, said: “The launch of MPOWER SIF is a significant step forward in expanding our product suite. As investors and their goals and aspirations evolve over time, there is a clear requirement for investment solutions that offer greater flexibility and use the entire range of tools available to deliver consistent outcomes. This approach is complemented by an investment team with extensive experience anchored by a sound risk management framework.”
Krishna Sanghavi, Chief Investment Officer - Equity, Mahindra Manulife Investment Management Private Limited, added: “MPOWER SIF gives us the flexibility to design more agile and outcome-oriented portfolios by leveraging a wider investment toolkit. This platform will enable us to combine fundamental research with tactical allocation strategies, with the objective of delivering superior risk-adjusted returns across market cycles. We believe it is well suited for investors seeking a more nuanced approach to portfolio construction.”
Mahindra Manulife Mutual Fund intends to roll out a range of differentiated strategies under MPOWER SIF across equity, hybrid, and fixed income categories, aligned with regulatory guidelines and investor suitability.
About Mahindra Manulife Investment Management Private Limited and Mahindra Manulife Trustee Private Limited
Mahindra Manulife Investment Management Private Limited (MMIMPL) acts as the Investment Manager of Mahindra Manulife Mutual Fund. On 29th April 2020 MMFSL divested 49% stake in MMIMPL to Manulife Investment Management (Singapore) Pte. Ltd. to form a 51:49 joint venture. Mahindra Manulife Trustee Private Limited (MMTPL), acts as a Trustee to Mahindra Manulife Mutual Fund (formerly known as Mahindra Mutual Fund). On 29th April 2020 MMFSL divested 49% stake in MMTPL to Manulife Investment Management (Singapore) Pte. Ltd. to form a 51:49 joint venture.
