Based in Seoul, South Korea, Mirae Asset Financial Group plays a pivotal role in the Asian financial market. Its asset management division, Mirae Asset Global Investments, was established in 1997 and rapidly expanded its global footprint. The Indian branch of this asset management company (AMC), Mirae Asset Global Investments (India) Pvt. Ltd., was inaugurated in November 2007. Notably, Mirae Asset had been present in the Indian market since 2004 as a foreign institutional investor, but it commenced domestic operations only in 2008. As of December 2023, their AUM exceeds Rs. 149503 crores.
Recognised as one of the fastest-growing AMCs in India, Mirae Asset experienced remarkable growth, increasing from a modest 51,304 folios in 2013 to over 11 Lakh in 2018 within just a five-year period.
Inception date | November 30, 2007 |
Sponsor (s) | Mirae Asset Global Investments Co. Ltd |
Chief Executive Officer | Mr. Swarup Mohanty |
Chief Investment Officer | Mr. Neelesh Surana |
No. of Schemes | 35 |
Average AUM (Rs. in Crores) | 165678.24 |
As on February 2024
To invest in Mirae Asset Mutual Fund, simply download the Kotak Neo app and create your account. Kotak Neo is quick, easy, and offers a host of investing options under one roof.
Here’s how to get started:
Kotak Securities Limited: AMFI-registered Mutual Fund Distributor