Mirae Asset India Hybrid Mutual Funds
About This AMC
In November 2007, Mirae Asset launched its mutual fund, marking its second overseas business after Hong Kong. Although the company had been operating as a foreign institutional investor (FII) in India since 2004, it commenced domestic business only in 2008.
Previously known as Mirae Asset Global Investments (India) Private Limited ("MAGI India"), the company underwent a name change to its current name: Mirae Asset Mutual Fund.
Thanks to the consistent performance of their equity schemes, Mirae Asset Mutual Fund has rapidly grown and become a popular brand name among retail investors.
Heading the company is Swarup Mohanty, the Chief Executive Officer (CEO) and Director of Mirae Asset Investment Managers (India) Private Limited. Neelesh Surana is the Chief Investment Officer (CIO) and one of the senior-most fund managers in India.
Mirae Asset Mutual Fund manages one of the largest schemes in India: Mirae Asset Large Cap Fund (₹35,000+ crore)
As of February 2024
Schemes
54
AUM
₹1,92,407 Cr
AUM growth
-₹6,650 Cr
Fund managers
22
