Mirae Asset Mutual Funds is a leading AMC in India. It is a subsidiary of Mirae Asset Financial Group, South Korea. The AMC offers several mutual fund schemes across equity, debt, and hybrid categories. Read More
|
Fund Name
|
Ratings
 |
Risk
|
3Y Returns
|
AUM
|
|
|---|---|---|---|---|---|
|
Mirae Asset NYSE FANG ETF Fund of Fund Other FoFs Domestic |
Very High |
41.06% |
₹1,737.85 cr. |
||
|
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Other FoFs Domestic |
Very High |
22.92% |
₹576.22 cr. |
||
|
Mirae Asset Banking and Financial Services Fund Equity Sectoral / Thematic |
Very High |
20.39% |
₹1,840.57 cr. |
||
|
Mirae Asset Banking and Financial Services Fund Direct IDCW Payout Equity Sectoral / Thematic |
Very High |
20.33% |
₹1,840.57 cr. |
||
|
Mirae Asset Banking and Financial Services Fund Direct IDCW Reinvestment Equity Sectoral / Thematic |
Very High |
20.33% |
₹1,840.57 cr. |
||
|
Mirae Asset Healthcare Fund Equity Sectoral / Thematic |
Very High |
20.3% |
₹2,667.40 cr. |
||
|
Mirae Asset Healthcare Fund Direct IDCW Payout Equity Sectoral / Thematic |
Very High |
20.27% |
₹2,667.40 cr. |
||
|
Mirae Asset Healthcare Fund Direct IDCW Reinvestment Equity Sectoral / Thematic |
Very High |
20.27% |
₹2,667.40 cr. |
||
|
Mirae Asset NYSE FANG ETF Other ETFs Fund |
Very High |
19.89% |
₹2,368.92 cr. |
||
|
Mirae Asset Nifty India Manufacturing ETF FoF Other FoFs Domestic |
Very High |
18.59% |
₹101.60 cr. |
||
|
Mirae Asset Nifty India Manufacturing ETF FoF Direct Plan IDCW Payout Other FoFs Domestic |
Very High |
18.59% |
₹101.60 cr. |
||
|
Mirae Asset Nifty India Manufacturing ETF FoF Direct Plan IDCW Reinvestment Other FoFs Domestic |
Very High |
18.59% |
₹101.60 cr. |
||
|
Mirae Asset Great Consumer Fund Equity Sectoral / Thematic |
Very High |
18.59% |
₹3,871.78 cr. |
||
|
Mirae Asset Great Consumer Fund Direct IDCW Payout Equity Sectoral / Thematic |
Very High |
18.58% |
₹3,871.78 cr. |
||
|
Mirae Asset Great Consumer Fund Direct IDCW Reinvestment Equity Sectoral / Thematic |
Very High |
18.58% |
₹3,871.78 cr. |
||
|
Mirae Asset Midcap Fund Equity Mid Cap Fund |
Very High |
17.58% |
₹14,921.59 cr. |
||
|
Mirae Asset Large and Midcap Fund Direct Plan IDCW Payout Equity Large & Mid Cap Fund |
Very High |
17.56% |
₹36,506.79 cr. |
||
|
Mirae Asset Large and Midcap Fund Direct Plan IDCW Reinvestment Equity Large & Mid Cap Fund |
Very High |
17.56% |
₹36,506.79 cr. |
||
|
Mirae Asset Midcap Fund Direct IDCW Payout Equity Mid Cap Fund |
Very High |
17.55% |
₹14,921.59 cr. |
||
|
Mirae Asset Midcap Fund Direct IDCW Reinvestment Equity Mid Cap Fund |
Very High |
17.55% |
₹14,921.59 cr. |
||
|
Mirae Assethang Seng Tech ETF Fund of Fund Other FoFs Domestic |
Very High |
17.15% |
₹93.43 cr. |
||
|
Mirae Asset ELSS Tax Saver Fund Equity ELSS |
Very High |
15.75% |
₹23,945.24 cr. |
||
|
Mirae Asset ELSS Tax Saver Fund Direct Plan IDCW Payout Equity ELSS |
Very High |
15.73% |
₹23,945.24 cr. |
||
|
Mirae Asset Large and Midcap Fund Equity Large & Mid Cap Fund |
Very High |
15.03% |
₹36,506.79 cr. |
||
|
Mirae Asset Equity Allocator Fund Of Fund Direct IDCW Payout Other FoFs Domestic |
Very High |
14.95% |
₹853.07 cr. |
||
|
Mirae Asset Equity Allocator Fund Of Fund Direct IDCW Reinvestment Other FoFs Domestic |
Very High |
14.95% |
₹853.07 cr. |
||
|
Mirae Asset Equity Allocator Fund of Fund Other FoFs Domestic |
Very High |
14.94% |
₹853.07 cr. |
||
|
Mirae Asset Aggressive Hybrid Fund Hybrid Aggressive Hybrid Fund |
Very High |
13.99% |
₹8,681.51 cr. |
||
|
Mirae Asset Aggressive Hybrid Fund Direct Plan IDCW Payout Hybrid Aggressive Hybrid Fund |
Very High |
13.99% |
₹8,681.51 cr. |
||
|
Mirae Asset Aggressive Hybrid Fund Direct Plan IDCW Reinvestment Hybrid Aggressive Hybrid Fund |
Very High |
13.99% |
₹8,681.51 cr. |
Starting in the backdrop of the Asian financial crisis in 1997, Mirae moved cautiously initially, containing itself only to the Korean Market. After solidifying its presence in the Korean market, Mirea expanded to the global market and established its first overseas office in Hong Kong in 2003. Mirae is present in several countries, including India, Australia, Canada, Brazil, the UK, the USA, and Vietnam.
In a short span, Mirae has achieved several landmarks. In 1998, they became the first AMC company to offer mutual funds to retail investors. It launched the first overseas investment in South Korea – Mirae Asset Retirement Pension Fund – in 2005. Mirae entered the markets of India and the USA in 2007.
Mirae Asset Global Investment (India) Pvt. Ltd., launched in 2007, became their second overseas office after Hong Kong.
Mirae entered the Indian market in 2004 as a foreign institutional investor, but they didn’t start domestic operations until 2008. Today, Mirae mutual funds are one of the fastest-growing companies in India. They currently have 51 schemes. As of August 31, 2023, Mirae MF had a total asset under management (AUM) of over ₹1,42,869 crore. Mirae has significantly increased its market presence in India in a short period. From 51,304 folios in 2013, it went up to 58 lakh folios in 2023.
The following are some of the key information regarding the Mirae asset management company –
| Founding date | November 30 2007 |
| AMC Incorporation date | November 20 2006 |
| Headquarters in | Mumbai |
| Name of the sponsors | Mirae Asset Global Investment co. Ltd. |
| Trustee organisation | Mirae Asset Trustee Company Pvt. Ltd. |
| MD and CEO | Swarup Mohanty |
| Chief Investment Officer | Neelesh Surana |
| Compliance Officer | Ritesh Patel |
| Investor Service Officer | Girish Dhanani |
NS
Neelesh Surana
Fund Manager since Nov 2015 (9 years)
Hide Details
Neelesh Surana has about 24 years of experience in financial services including fund management. Before Mirae Asset Mutual Fund, Neelesh was the Senior Portfolio Manager at ASK Investment Managers Pvt Ltd.
AJ
Ankit Jain
Fund Manager since Jul 2023 (1 year)
View Details
Mr. Jain's has over 7 years of professional experience and has been associated with Mirae Asset Investment Managers, first as a research analyst and now as a fund manager. He was previously associated with Equirus Securities Pvt Ltd. And Infosys Ltd.
HB
Harshad Borawake
Fund Manager since Jan 2024 (1 year)
View Details
Harshad Borawake did his MBA in Finance. He worked at Capmetrics and Risk Solutions and Motilal Oswal Securities Ltd before joining Mirae Asset Global Investments (India).
VK
Vrijesh Kasera
Fund Manager since Feb 2023 (2 years)
View Details
Vrijesh Kasera did his MBA and MS Finance from ICFAI. He worked at Axis Bank, Edelweiss Financial Services and Axis Capital Ltd before joining Mirae Asset Global Investments (India) Pvt. Ltd.
BS
Bharti Sawant
Fund Manager since Apr 2022 (3 years)
View Details
Ms. Sawant has an M.Sc. in Finance (from ICFAI Hyderabad), as well as a CFA and B.Com. before joining Mirae Asset Mutual Fund, she worked at Sushil Finance Securities Pvt. Ltd., and Kabu Shares and Stocking Pvt. Ltd. performing financial analysis and research.
SS
Siddharth Srivastava
Fund Manager since Aug 2022 (2 years)
View Details
Mr. Srivastava has an MBA (Tech) and a B.Tech from NMIMS. Before joining Mirae Asset Investment Managers (India) Private Limited, he worked at Mirae Asset Global Investments (India) Private Limited, NSE Indices Limited and Morgan Stanley Capital International. He is currently Head of ETF products at Mirae Asset Global Investments.
EG
Ekta Gala
Fund Manager since Aug 2024 (9 months)
Investing in Mirae asset management company, or any other mutual fund is simple from your Angel One account. You need to follow the steps below.
Step 1: Log in to your Angel One account with your mobile number and validate OTP. Next, you must enter the MPIN.
If you don’t have an Angel One Demat account, now you can open one in minutes by submitting your documents online.
Step 2: Explore different mutual fund options to select one that suits your investment needs and risk profile. You can learn more about each fund on Angel One’s app. At this stage consider the following to find the right fund for investing.
Step 3: Once you have selected the fund(s), log in to your Angel One account and go to the mutual fund section. You can select the fund from there.
Remember that a mutual fund is a long-term investment. So, you may make a careful choice. Consider the factors below.
You can learn more about Mirae asset management funds in the Angel One’s App.
Investing in Mirae Asset Mutual Fund through Angel One is a breeze, thanks to our seamless and fully digital KYC process. To complete your KYC, you’ll need to furnish the following essential documents:
Angel One simplifies the KYC verification, ensuring quick and efficient access to Mirae Asset Mutual Funds for both new and returning investors. With our user-friendly platform, your financial goals are well within reach. Your KYC process will be completed in just 48-72 business hours, allowing you to start your mutual fund journey without delay.
| Scheme | Category | AUM (in ₹ Cr) | 3-Yr Returns (%) | 1-Yr Return (%) |
| Mirae Asset NYSE FANG+ETF FoF | Equity | 2,010.37 | 41.80 | 78.60 |
| Mirae Asset S&P 500 Top 50 ETF FoF | Equity | 685.19 | 28.03 | 62.12 |
| Mirae Asset Healthcare Fund | Equity | 2,652.24 | 18.82 | 12.31 |
| Mirae Asset Nifty India Manufacturing ETF FoF | Equity | 105.58 | 18.16 | 8.83 |
| Mirae Asset Great Consumer Fund | Equity | 3,942.01 | 17.71 | 7.84 |
| Mirae Asset Midcap Fund | Equity | 15,460.84 | 16.31 | 0.52 |
| Mirae Asset Banking and Financial Services Fund | Equity | 1,735.72 | 13.91 | 5.90 |
| Mirae Asset ELSS Tax Saver Fund | Equity | 24,007.47 | 13.53 | 6.37 |
| Mirae Asset Equity Allocator FoF | Equity | 847.92 | 12.92 | 3.80 |
| Mirae Asset Hang Seng TECH ETF FoF | Equity | 86.32 | 12.77 | 98.66 |
Note: All data is as of February 2025, and the selected funds have demonstrated the highest Compound Annual Growth Rate (CAGR) over the past 3 years.
The Mirae Asset NYSE FANG+ETF FoF is an open-ended fund-of-funds scheme that invests in the Mirae Asset NYSE FANG+ ETF. The fund provides exposure to high-growth technology and innovation-driven companies listed on the NYSE FANG+ Index.
The fund is managed by Ekta Gala and Vishal Singh and is benchmarked against the NYSE FANG+ Total Return Index. The scheme applies an exit load of 1% if units are redeemed within 90 days from the date of allotment. No exit load applies thereafter.
The Mirae Asset S&P 500 Top 50 ETF FoF is an open-ended fund-of-funds scheme that invests in the Mirae Asset S&P 500 Top 50 ETF. The fund provides exposure to the top 50 companies in the S&P 500 Index based on market capitalisation.
The fund is managed by Ekta Gala and Vishal Singh and is benchmarked against the S&P 500 Top 50 Total Return Index. The scheme applies an exit load of 1% if units are redeemed within 90 days from the date of allotment. No exit load applies thereafter.
The Mirae Asset Healthcare Fund is an open-ended equity scheme focusing on companies in the healthcare and pharmaceutical sectors. The fund aims to achieve long-term capital appreciation by investing in businesses with strong growth potential in healthcare innovation and medical advancements.
The fund is managed by Vrijesh Kasera and is benchmarked against the NIFTY Healthcare Total Return Index. The scheme applies an exit load of 1% if units are redeemed within 90 days from the date of allotment. No exit load applies thereafter.
The Mirae Asset Nifty India Manufacturing ETF FoF is an open-ended fund-of-funds scheme that invests in the Mirae Asset Nifty India Manufacturing ETF. The fund provides exposure to companies engaged in India’s growing manufacturing sector.
The fund is managed by Ekta Gala and Vishal Singh and is benchmarked against the NIFTY India Manufacturing Total Return Index. The scheme applies an exit load of 1% if units are redeemed within 90 days from the date of allotment. No exit load applies thereafter.
The Mirae Asset Great Consumer Fund is an open-ended equity scheme that focuses on companies benefiting from India’s growing consumption demand. The fund aims to generate long-term capital appreciation by investing in businesses across various consumer-driven sectors.
The fund is managed by Ankit Jain and Siddhant Chhabria and is benchmarked against the NIFTY India Consumption Total Return Index. The scheme applies an exit load of 1% if units are redeemed within 90 days from the date of allotment. No exit load applies thereafter.
The Mirae Asset Midcap Fund is an open-ended equity scheme predominantly investing in mid-cap stocks. The fund seeks to achieve long-term capital appreciation by identifying mid-sized companies with strong growth potential.
The fund is managed by Ankit Jain and is benchmarked against the NIFTY Midcap 150 Total Return Index. The scheme applies an exit load of 1% if units are redeemed within 90 days from the date of allotment. No exit load applies thereafter.
The Mirae Asset Banking and Financial Services Fund is an open-ended equity scheme that focuses on the banking and financial services sector. The fund aims to generate long-term capital appreciation by investing in companies within the financial ecosystem, including banks, NBFCs, and insurance firms.
The fund is managed by Gaurav Kochar and is benchmarked against the NIFTY Financial Services Total Return Index. The scheme applies an exit load of 1% if units are redeemed within 90 days from the date of allotment. No exit load applies thereafter.
The Mirae Asset ELSS Tax Saver Fund is an open-ended equity-linked savings scheme that offers tax benefits under Section 80C of the Income Tax Act. The fund invests across market capitalisations to achieve long-term capital appreciation while providing tax-saving benefits.
The fund is managed by Neelesh Surana and is benchmarked against the NIFTY 500 Total Return Index. The scheme has a lock-in period of 3 years, with no exit load applicable.
The Mirae Asset Equity Allocator FoF is an open-ended fund-of-funds scheme that invests in domestic equity ETFs. The fund follows an asset allocation strategy to provide long-term capital growth through a diversified portfolio of equity ETFs.
The fund is managed by Bharti Sawant and is benchmarked against the NIFTY 200 Total Return Index. The scheme applies an exit load of 0.25% if units are redeemed within 7 days from the date of allotment. No exit load applies thereafter.
The Mirae Asset Hang Seng TECH ETF FoF is an open-ended fund-of-funds scheme that invests in the Mirae Asset Hang Seng TECH ETF. The fund provides exposure to technology-focused companies listed on the Hong Kong Stock Exchange.
The fund is managed by Ekta Gala and Vishal Singh and is benchmarked against the Hang Seng TECH Total Return Index. The scheme applies an exit load of 1% if units are redeemed within 90 days from the date of allotment. No exit load applies thereafter.
Mirae Asset Mutual Funds is a reputed fund house in India. It offers a variety of schemes across asset classes. You can choose to invest in one according to your financial goal, risk profile, and investment horizon.
Also, evaluate individual funds based on risk, past performance, volatility, expense ratio, etc. given on the Angel One platform to make data-backed investment decisions.
You can redeem your units Mirae Asset Mutual Funds in two ways - via AMC’s website and Angel One. For the latter route, head to Mutual Funds section under Angel One App or visit
mutual funds
Get the link to download the App
