Mirae Asset Investment Managers (India) Pvt. Ltd

Mirae Asset Mutual Fund, a significant player in the Indian asset management industry, is part of the global financial services conglomerate Mirae Asset Financial Group based in South Korea. The company received approval from the Securities and Exchange Board of India (SEBI) to start its mutual fund business in February 2008. Initially, the company was directly owned by Mirae Asset Global Investments (India) Private Limited (MAGI India). However, as part of an internal restructuring, MAGI India transferred its asset management business to its wholly owned subsidiary, Mirae Asset Investment Managers (India) Private Limited, commonly known as Mirae AMC, effective January 1, 2020.</br> Over the years, Mirae Asset Mutual Fund has established a solid reputation for offering a wide range of investment products that cater to different investor needs and risk profiles. These include equity funds, such as the highly regarded Mirae Asset Large Cap Fund and Mirae Asset Emerging Bluechip Fund, debt funds, and hybrid funds. The fund house's robust research-driven investment strategies and focus on risk management have helped it gain the trust of retail and institutional investors alike. As of September 30, 2024, Mirae Asset Mutual Fund's assets under management (AUM) stood at Rs. 1,95,184.27 crore, representing 2.90% of the Indian mutual fund industry's total AUM.</br> The company's steady growth and commitment to investor education and transparency have contributed to its success in the competitive Indian market. With a diverse portfolio that includes equity, debt, and hybrid funds, Mirae Asset Mutual Fund has become a preferred choice for investors looking to build long-term wealth through disciplined and well-managed investment options.