Mirae Asset Mutual Fund

Mirae Asset is a large mutual fund name. It began in Seoul, South Korea, in the year 1997. It became famous all over the globe in a short span of time. Mirae Asset today operates in 14 nations on 5 continents. Individuals in the USA, UK, India, Brazil, Australia, and numerous other countries make investments with Mirae Asset.

Mr Hyeon Joo Park founded the company after the Asian currency crisis. In 1998, it introduced mutual funds to Korean retail investors for the first time. Subsequently, it established offices in Hong Kong, India, the UK, the USA, Brazil, Vietnam, and even China.

Mirae Asset forayed into India in 2007. Initially, it was a non-business investor, but it opened its domestic operations in 2008. Now, Mirae Asset in India has more than Rs 1,61,000 crore under its management in 38 schemes. It is among the top-growing AMCs in the country.

For example, in the year 2013, they possessed around 51,000 folios. But in the year 2018, they had well over 11 lakh folios.

Key information

Mutual Fund name	Mirae Asset Mutual Fund
AMC Setup Date	30th November, 2007
AMC Incorporation Date	20th November, 2006
Sponsor name	Mirae Asset Global Investments Co., Ltd
Trustee organisation	Mirae Asset Trustee Company Pvt. Ltd
CIO	Neelesh Surana
Compliance Officer	Ritesh Patel
MD and CEO	Swarup Mohanty
Investor Service Officer	Girish Dhanani

How to Invest in Mirae Asset Mutual Funds?

The investment process is very easy and can be completed online. The steps are as follows:

Visit the Mirae Asset Mutual Fund website and open an account.
Complete KYC by uploading the ID proof (such as Aadhaar, PAN, passport, driving licence, etc.).
Upload address proof (such as Aadhaar, passport, ration card, or bills).
Choose how long you wish to invest – short term, medium term, or long term.
Select the risk level – low, medium, or high.
Choose a Mirae Asset fund based on your goal.
Choose how you wish to invest – lump sum or through SIP.

That's it! Your investment will begin and reflect in your account in a short period of time.

Top Fund Managers

Mr Swarup Mohanty – CEO at Mirae Asset India. He joined the company in 2011 and became CEO in 2016.
Mr Neelesh Surana – Chief Investment Officer. He oversees a lot of equity funds, such as Bluechip and Tax Saver.
Mr Mahendra Kumar Jajoo – Head of Fixed Income. He oversees debt funds.
Mr Krishna Kanhaiya – Chief Financial Officer. He joined Mirae after its inception in India.

Why Choose Mirae Asset Mutual Fund?

Easy online process
Good variety of funds – Equity, Debt, Hybrid
Strong global presence
Experienced fund managers
Good past record of returns

Popular Mirae Asset Mutual Funds

Here is a simple table of some popular Mirae Asset Mutual Funds:

Fund Name	Category	Min. Investment	AUM (Cr)	1Y Returns	SIP Min.
Mirae Asset Great Consumer Fund Direct Growth	Equity	Rs 5000	Rs 4.552Cr	-1.6%	Rs 99
Mirae Asset Diversified Equity Allocator Passive FoF Direct Growth	Equity	Rs 5000	Rs 890Cr	-0.8%	Rs 99
Mirae Asset Short Duration Fund Direct Growth	Debt	Rs 5000	Rs 896Cr	8.6%	Rs 99
Mirae Asset Dynamic Bond Fund Direct Growth	Debt	Rs 5000	Rs 120Cr	8.1%	Rs 99
Mirae Asset Low Duration Fund Direct Growth	Debt	Rs 5000	Rs 1,864Cr	8.2%	Rs 99
Mirae Asset Ultra Short Duration Fund Direct Growth	Debt	Rs 5000	Rs 1,766Cr	7.8%	Rs 99
Mirae Asset Money Market Fund Direct Growth	Debt	Rs 5000	Rs 3,839Cr	8.0%	Rs 99
Mirae Asset Overnight Fund Direct Growth	Debt	Rs 5000	Rs 1,298Cr	6.2%	Rs 99
Mirae Asset ELSS Tax Saver Fund Direct Growth	Equity	Rs 500	Rs 25,562Cr	2.8%	Rs 500
Mirae Asset Banking and Financial Services Fund Direct Growth	Equity	Rs 5000	Rs 1,975Cr	8.7%	Rs 99
Mirae Asset Aggressive Hybrid Fund Direct Growth	Hybrid	Rs 5000	Rs 9,011Cr	3.3%	Rs 99
Mirae Asset Large Cap Fund Direct Growth	Equity	Rs 5000	Rs 39,476Cr	1.7%	Rs 99
Mirae Asset Balanced Advantage Fund Direct Growth	Hybrid	Rs 5000	Rs 1,880Cr	5.5%	Rs 99
Mirae Asset Equity Savings Fund Direct Growth	Hybrid	Rs 5000	Rs 1,615Cr	6.7%	Rs 99
Mirae Asset Arbitrage Fund Direct Growth	Hybrid	Rs 5000	Rs 2,869Cr	7.1%	Rs 99