Mirae Asset Mutual Fund is a wholly owned subsidiary of Mirae Asset Global Investments. It started its business in India in 2008. Initially, it was run by the asset management company (AMC) Mirae Asset Global Investments (India) Private Limited. In 2020, the fund was shifted to the AMC Mirae Asset Investment Managers (India) Private Limited.

The AMC had assets under management (AUM) worth Rs. 1,63,996 crore by the end of January 2024. It has over 61 lakh folios and a monthly SIP book of Rs. 879 crore. Mirae currently has 22 branches in the country. The company offers 54 primary mutual fund schemes as of Dec 2023. Out of these, there are 32 equity schemes, 15 debt schemes, 5 hybrid schemes, and 2 other schemes.

Best Mirae Mutual Funds

Equity Funds
Debt Funds
Hybrid Funds

Fund Name	AUM	1 Yr Return	Exp. Ratio
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth	₹1738 Cr	21.48%	0.67%	Invest
Mirae Asset Healthcare Fund Direct Growth	₹2667 Cr	19.17%	0.61%	Invest
Mirae Asset Great Consumer Direct Plan Growth	₹3872 Cr	10.53%	0.52%	Invest
Mirae Asset Banking and Financial Services Fund Direct Growth	₹1841 Cr	19.92%	0.70%	Invest
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth	₹576 Cr	6.86%	0.67%	Invest
Mirae Asset Midcap Fund Direct Growth	₹14922 Cr	3.34%	0.69%	Invest
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth	₹93 Cr	72.40%	0.65%	Invest
Mirae Asset ELSS Tax Saver Fund -Direct Plan-Growth	₹23945 Cr	8.96%	0.70%	Invest
Mirae Asset Large & Midcap Fund Direct Plan Growth	₹36507 Cr	5.55%	0.66%	Invest
Mirae Asset Large Cap Fund Direct Plan Growth	₹37778 Cr	11.49%	0.74%	Invest
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth	₹96 Cr	9.16%	0.46%	Invest
Mirae Asset Focused Fund Direct Growth	₹7411 Cr	9.43%	0.75%	Invest
Mirae Asset Global Electric & Autonomous Vehicles ETFs Fund of Fund Direct Growth	₹48 Cr	-10.71%	2.02%	Invest
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Direct Growth	₹292 Cr	5.89%	0.95%	Invest
Mirae Asset Flexi Cap Fund Direct Growth	₹2537 Cr	9.47%	0.48%	Invest
Mirae Asset Multicap Fund Direct Growth	₹3335 Cr	7.96%	0.46%	Invest
Mirae Asset Nifty Total Market Index Fund Direct Growth	₹36 Cr	0.00%	0.14%	Invest
Mirae Asset Nifty LargeMidcap 250 Index Fund Direct Growth	₹16 Cr	0.00%	0.15%	Invest
Mirae Asset Nifty 50 Index Fund Direct Growth	₹20 Cr	0.00%	0.08%	Invest
Mirae Asset Nifty India New Age Consumption ETF Fund of Fund Direct Growth	₹12 Cr	0.00%	0.49%	Invest

List of Mirae Asset Investment Managers (India) Private Limited Fund Managers

Name	Experience	Schemes	AUM (Cr)
Mahendra Jajoo	25 Years	12	---
Neelesh Surana	19 Years	5	---
Ankit Jain	7 Years	12	---
Harshad Borawake	14 Years	12	---
Gaurav Misra	10 Years	6	---
Vrijesh Kasera	12 Years	9	---
Amit Modani	9 Years	31	---
Bharti Sawant	13 Years	6	---
Jignesh Rao	---	3	---
Jigar Shethia	---	3	---
Gaurav Kochar	6 Years	3	---
Ekta Gala	4 Years	35	---
Siddharth Srivastava	11 Years	8	---

How to Start Investing in Mirae Asset Mutual Fund with INDmoney.

Now that you know about Mirae Asset Mutual Funds, you just need to follow a few simple steps to start your investment with INDmoney, which are stated below.

Step 1: Download the INDmoney app and create your free investment account by completing your KYC ( Know Your Customer).

Step 2: Once your Free investment account is ready, you can either search for Mirae Asset Mutual Fund or go to the mutual fund section.

Step 3: Choose any Mirae Asset Mutual Fund by looking at aspects like past returns, volatility, downside capture ratio, AUM, Expense ratios and underlying stocks and sectors.

Step 4: You can choose to set up SIP in any Mirae Asset Mutual Fund or even invest as a lump sum. Once you are on the individual Mirae Asset Mutual Fund page click from the bottom "One-time" for lump sum investment or "SIP" for a systematic investment plan.

Step 5: Choose the amount that you want to invest as SIP or Lump Sum.

Step 6: Set up payments. If you choose to set up SIP in any Mirae Asset Mutual Fund, you can do a free automatic pay set-up via bank mandate or UPI. If you choose to invest in a lump sum (one-time) then you can pay via UPI, net banking, NEFT or RTGS.

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Key information about Mirae Asset Mutual Fund

Address

Mirae Asset Investment Managers (India) Private Limited. Unit No. 606, 6th Floor, Windsor Bldg, Off CST Road, Kalina, Santacruz (East), Mumbai - 400 098

Phone Number

1800-2090-777/ 022-67800300
You can call from Monday to Saturday between 9 am to 6 pm.

Email ID

customercare@miraeasset.com

Compare Mirae Asset Mutual Fund with other AMCs

AMC	AUM(in Cr)	AUM change (1M)	AUM Rank
Zerodha	₹914.6 Cr	- ₹37.4 Cr	3/45	Invest
ICICI	₹8L Cr	- ₹33.5K Cr	4/45	Invest
SBI	₹7.4L Cr	- ₹25.7K Cr	5/45	Invest
HDFC	₹7.6L Cr	- ₹41.8K Cr	6/45	Invest
Kotak	₹4.6L Cr	- ₹23.1K Cr	7/45	Invest
Nippon	₹3.9L Cr	- ₹23.4K Cr	8/45	Invest
Aditya Birla Sun Life	₹3.7L Cr	- ₹7.6K Cr	9/45	Invest
Axis	₹3.1L Cr	- ₹14K Cr	10/45	Invest

Frequently asked questions

How safe are investments in Mirae Asset Mutual Fund?

Mirae Asset Mutual Fund is regulated by SEBI. This ensures the security of your investment. As far as returns are concerned, it depends on the scheme you have invested in. You should read all scheme-related documents to judge how safe or risky a scheme is.

Can I invest in Mirae Asset Mutual Fund online?

Yes, you can use the INDmoney app or website to invest in Mirae Asset Mutual Fund.

For how long should I invest in Mirae Asset Mutual Fund?

You should study the scheme-related documents to decide the duration of your investment. The investment duration should be aligned with your financial goals.

How can I get a statement for Mirae Asset Mutual Fund?

You can use the INDmoney app or website to get a statement for your mutual fund investments.

Which factors should I consider before investing in a mutual fund?

You can judge the following factors for investing in a mutual fund:

Experience of fund manager
Past performance of the fund
AMC’s reputation
Your risk appetite
Investment duration
Scheme’s portfolio

Is investment through INDmoney free?

Yes, you can invest in mutual funds for free using INDmoney’s app or website.