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Mirae Asset Mutual Fund

AUM
₹2,29,565.45 cr.
No. of Schemes
158
AMC Age
19Yrs
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

List of Top Mirae Asset Mutual Fund Schemes

Fund Name
NAV
Expenses Ratio
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3Y Returns
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About Mirae Asset Mutual Fund

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.

Mirae Asset Mutual Fund Key Information

The following are some of the key information regarding the Mirae asset management company -

Founding dateNovember 30 2007
AMC Incorporation dateNovember 20 2006
Headquarters inMumbai
Name of the sponsorsMirae Asset Global Investment co. Ltd.
Trustee organisationMirae Asset Trustee Company Pvt. Ltd.
MD and CEOSwarup Mohanty
Chief Investment OfficerNeelesh Surana
Compliance OfficerRitesh Patel
Investor Service OfficerGirish Dhanani

Mirae Asset Mutual Fund Managers

EG

Ekta Gala

Fund Manager since Aug 2023 (3 years)

HB

Harshad Borawake

Fund Manager since Aug 2023 (3 years)

AJ

Ankit Jain

Fund Manager since Aug 2023 (3 years)

RP

Ritesh Patel

Fund Manager since Jul 2024 (2 years)

MJ

Mahendra Jajoo

Fund Manager since Aug 2023 (3 years)

How to Invest in Mirae Asset Mutual Fund via Angel One?

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.

  1. You can search for the fund or take cues from the funds listed on Angel One’s app.
  2. Analyse the fund’s past performance, tax incidences, and the sector where it invests. You can use a calculator to calculate potential returns from the fund.
  3. Understand the level of risk of investing in the fund and compare it with your risk-taking abilities.
  4. Check the fund’s rating. It usually ranges from 1 to 5.
  5. Compare the fund’s expense ratio to determine the actual cost of 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.

  1. Lumpsum or SIP investment.
  2. Amount you want to invest and preferred method of payment. UPI is the most desired option but you can also choose to pay via Net Banking.
  3. If investing through SIP, you can also set a mandate for automatic debit.

You can learn more about Mirae asset management funds in the Angel One’s App.

Documents Required To Invest in Mirae Asset Mutual Fund

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:

  1. PAN Card Details (Compulsory)
  2. Personal Information (Full Name, Mobile Number, Email Address)
  3. Address Proof - We recommend using your Aadhar Card, both front and back sides.
  4. Bank Account Details, including a cancelled cheque if required.
  5. Nominee details and FATCA Declarations

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.

Top 10 Mirae Asset Mutual Fund to Invest

NameAUM (₹ in crore)1 Yr Return (%)3 Yr Return (CAGR %)Expense Ratio (%)
Mirae Asset NYSE FANG+ ETF FoF2,282.4411.8249.900.07
Mirae Asset S&P 500 Top 50 ETF FoF772.6718.5336.420.09
Mirae Asset Global X Artificial Intelligence & Technology ETF FoF381.0225.4532.460.26
Mirae Asset Nifty India Manufacturing ETF FoF114.9415.2023.140.07
Mirae Asset Healthcare Fund2,770.84-0.7023.010.48
Mirae Asset Midcap Fund18,409.2614.8122.070.57
Mirae Asset Banking and Financial Services Fund2,215.6124.0220.560.55
Mirae Asset Large & Midcap Fund43,766.0313.0518.770.57
Mirae Asset ELSS Tax Saver Fund27,195.9412.1218.760.57
Mirae Asset Great Consumer Fund4,754.244.0717.490.42

Note: The data above is as of Feb 9, 2026, and is sorted and ranked as per the 3yr CAGR.

Mirae Asset NYSE FANG+ ETF FoF

Mirae Asset NYSE FANG+ ETF FoF is an overseas Fund of Funds category scheme that predominantly invests in the Mirae Asset NYSE FANG+ ETF. It is managed by Ekta Gala and Akshay Udeshi, focusing on long-term capital appreciation by investing in units of the underlying FANG+ ETF, which provides exposure to high-growth technology and innovation stocks listed in the US market. 

Mirae Asset S&P 500 Top 50 ETF FoF

Mirae Asset S&P 500 Top 50 ETF FoF belongs to the overseas Fund of Funds category and is co-managed by Ekta Gala and Akshay Udeshi. The scheme’s objective is to achieve long-term capital appreciation by investing predominantly in units of the Mirae Asset S&P 500 Top 50 ETF, which tracks the performance of the top 50 mega-cap companies in the US. 

Mirae Asset Global X Artificial Intelligence & Technology ETF FoF

This is an overseas Fund of Funds category scheme that invests in the Mirae Asset Global X Artificial Intelligence & Technology ETF, offering targeted exposure to AI and tech-focused stocks internationally. Like other ETF FoFs, it aims for long-term capital growth by holding units of the underlying ETF, though specific fund manager details are not widely disclosed in public summaries.

Mirae Asset Nifty India Manufacturing ETF FoF

Mirae Asset Nifty India Manufacturing ETF FoF is a domestic equity Fund of Funds scheme managed by Ekta Gala and Akshay Udeshi. The fund seeks long-term capital appreciation by investing predominantly in units of the Mirae Asset Nifty India Manufacturing ETF, allowing investors to participate in the growth potential of India’s manufacturing sector. 

Mirae Asset Healthcare Fund

Mirae Asset Healthcare Fund falls under the sectoral – pharma & healthcare category and is managed by Vrijesh Kasera. The fund aims to generate long-term capital growth by investing in equity and equity-related instruments of companies in the healthcare and pharmaceutical sectors. 

Mirae Asset Midcap Fund

Mirae Asset Midcap Fund is a mid-cap equity scheme managed by Ankit Jain (per factsheet structures) focused on long-term wealth creation by investing primarily in medium-sized companies with potential for growth, balancing risk and return within the mid-cap universe. 

Mirae Asset Banking and Financial Services Fund

Mirae Asset Banking and Financial Services Fund is a sectoral scheme managed by Gaurav Kochar that invests primarily in banking and financial services stocks, with the objective of long-term capital appreciation through exposure to key financial sector companies. 

Mirae Asset Large & Midcap Fund

Mirae Asset Large & Midcap Fund is a balanced equity scheme with exposure across large and mid-cap stocks. It seeks long-term capital growth by investing in a diversified portfolio of both large-cap and mid-cap companies, though specific manager details aren’t publicly summarized in available data. 

Mirae Asset ELSS Tax Saver Fund

Mirae Asset ELSS Tax Saver Fund is an equity-linked savings category scheme providing tax benefits under Section 80C. It is managed by seasoned portfolio managers and focuses on long-term wealth creation by investing in diversified equities while offering tax efficiency over a mandatory lock-in period. 

Mirae Asset Great Consumer Fund

Mirae Asset Great Consumer Fund is a sectoral consumption-oriented equity fund managed by Ankit Jain and Siddhant Chhabria. The scheme’s objective is to deliver long-term capital appreciation by investing in companies that are expected to benefit from growth in consumer demand and consumption trends across India.

Mirae Asset Mutual Fund FAQs

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.

Search for your desired scheme on Angel One under the Mutual Fund section. Enter a comfortable instalment amount and click on proceed. Before doing this, ensure you have enough funds in your account for the transaction to go through. Alternatively, you can also start an online SIP vis the AMC website.

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

Redemption of equity, debt, and conservative hybrid funds generally happens within 2-4 working days of the withdrawal initiation. The proceeds are transferred to your registered bank account. The proceeds of liquid funds takes 1-2 working days to be deposited in your bank account.
The redemption charges include exit load and certain taxes. The exit load of the fund depends on the type of the scheme, the tenure of the investment (long term or short term) and the total amount that you have invested.
There are three ways to increase the SIP amount - through the Angel One website, the Angel One App or directly through the AMC website. In case of some AMCs, it may not be possible to increase the SIP and you have to set up a new SIP scheme to add to the existing one.
Go to the Angel One app or website and check in the mutual funds section. You may also choose to visit the official website of the AMC.
Mirae Asset Tax Saver Fund falls under the category of equity linked savings schemes or ELSS that allow you to claim a tax deduction of up to ₹1.5 lakh under Section 80C every financial year from your taxable income.
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