Mirae Asset Mutual Fund – Review, Fund Managers, KYC Process, Benefits Fees & more
Last Updated Date: Nov 18, 2022Mirae Asset Mutual Fund AMC has a long-term perspective investment strategy and is the right venture for you to invest in.
Having a presence in the top 14 countries, Mirae Asset also helps every individual in developing and constructing a strong portfolio by which the investor can achieve their financial goals efficiently.
About Mirae Asset Mutual Fund
Mirae Asset Mutual Fund is one of the fastest-growing Asset Management Companies in India that is headquartered in Seoul, South Korea.
It came under the spotlight in the year 1998 when it introduced the first mutual fund in Korea.
With a pioneering spirit and strong commitment that translated into steady and consistent returns, it also expanded its business globally in a relatively short period of time.
Also, Mirae Asset Mutual Fund has its presence in 14 countries that are spread across 5 continents.
Besides, it has been helping a number of people to invest prudently through its asset management company by offering a wide range of online mutual fund investment plans.
With this, many investors also have earned commendable profits and have fulfilled their financial goals with ease.
Invest in Mutual Funds Now!!! – Fill up the Form
Find Details On Other Mutual Funds
Aditya Birla Mutual Fund | BOI AXA Mutual Fund | Edelweiss Mutual Fund |
Axis Mutual Fund | Canara Robeco Mutual Fund | Essel Mutual Fund |
Why Invest In Mirae Asset AMC?
Before trying to figure out on how to invest in mutual funds, let’s see the reasons to invest in Mirae Asset AMC.
Globally Renowned
The AMC is a subsidiary of South Korea’s Mirae Asset Global Investments Co. Limited, also providing investors with extensive financial strategies and attractive returns on their investments.
Offers Risk Diversification
Mirae Mutual Fund offers a diversified portfolio of stocks or bonds across many sectors or issuers and then reduces risks associated with a single stock or bonds.
Well Experienced Fund Managers
Mirae Mutual Fund also has a team of professional fund managers possessing deep understanding of the investment dynamics of the markets in which they invest.
Provides Range of Solutions
In order to cater to various investment needs and risk appetites, the AMC leaves no stone unturned in offering a wide range of solutions.
How to Invest with Mirae Asset Mutual Funds?
The investment procedure at Mirae Asset Mutual Funds is completely online in order to make it entirely transparent – a business principle that Mirae Asset strictly follows.
Besides, the investment can be done in one or more of their schemes at any place and time of your convenience.
In order to invest in Mirae Asset Mutual Funds, first ensure that your KYC has been completed. After that, follow below given steps to invest online:
- Firstly, click on “Open an Account” button you see in this page and then fill in the form you see.
- The page will redirect you to the Mirae Asset transact@ease page and then you have to click on the ‘New Investor’ tab to invest.
- Follow the said instructions in order to invest. You can also even refer to FAQ’s section to clear any of your doubts.
Mirae Asset AMC – Fund Managers
Some of the key people who are also involved in monitoring and assessing different Mirae Asset Mutual Fund schemes are:
Mr. Neelesh Surana
Mr. Neelesh is associated with Mirae Mutual Fund since 2008 and is currently the Chief Investment Officer (CIO) of the fund.
With an overall experience of 24 years in portfolio monitoring and equity research, he handles 4 of the top recommended mutual funds of the fund house efficiently.
Besides, he is an engineer and holds an MBA (Finance) degree.
Mr. Gaurav Misra
Mr. Gaurav is currently the senior fund manager of the AMC, also having 23 years of experience in portfolio management.
He also holds an MBA degree from IIM (Lucknow) and B.A. Economics (Hons.) from Delhi. Previously, he worked with ASK Investment Managers Pvt. Ltd.
Mr. Mahendra Kumar Jajoo
Mr. Mahendra is currently the Head of Fixed-Income, also having 25 years of experience in the mutual fund market.
He takes care of the debt schemes of the Mirae Mutual Funds and also manages some of the key funds such as Mirae Asset Cash Management Fund, Mirae Asset Savings Fund, and Mirae Asset Dynamic Bond fund.
Mr. Ankit Jain
Mr. Ankit is currently the Associate Fund Manager of the AMC, having 8 years of experience in portfolio management and also equity research.
Besides, he is an engineering graduate with an MBA in Finance and joined Mirae Mutual Funds in 2015.
Mirae Asset Mutual Fund – Key Personnels
The whole team of Mirae Asset Mutual Fund is highly skilled and qualified, also deriving their investment strategy based on extensive market research.
Also, everyone is dedicated to providing the best investment solutions to the investors in each category.
Here are the key personnel involved in managing different Mirae Asset Mutual Fund schemes:
- Mr. Swarup Anand Mohanty – Chief Investment Officer
- Mr. Neelesh Surana – Chief Investment Officer
- Mr. Jun Young Hong – Chief Business Officer
- Mr. Mahendra Kumar Jajoo – Head (Fixed Income)
- Mr. Vaibhav Shah – Head of Product, Marketing & Corporate Comms
- Mr. Girish Dhanani – Head Operations & Investment Relations
- Mr. Ritesh Patel – Head of Compliance, Risk, Legal & Company Secretary
- Mr. Krishna Kanhaiya – Chief Financial Officer
How to do KYC Check For Mirae Asset Mutual Fund?
Know Your Customer (KYC) is a mandatory one-time customer identification process required for investors who are wishing to invest in mutual funds.
KYC has been made compulsory by the capital markets regulator SEBI that is the Securities and Exchange Board of India for mutual fund investments so that fraudulent activities do not happen.
The KYC check for Mirae Asset Mutual Fund can be done in any of the following SEBI-registered intermediaries:
- The fund house (Asset Management Companies)
- KYC registration Agency (KRA)
The KYC check for Mirae Asset Mutual Fund can be done online by:
- Step 1: Go to the official website of Mirae Asset Mutual Fund or you can even visit any of the KRA’s website. Create an investor account and fill up all your personal details and Aadhaar-linked mobile number in order to verify the account using an OTP.
- Step 2: Then, you have to upload self-attested copies of your Address Proof and Identity Proof
That’s it. Now your Mutual Fund e-KYC Check is done.
Documents Required to Invest in HDFC AMC
You must keep the following documents ready before starting out to fill the form:
- Completed KYC form
- Also, you need a Passport size photograph.
- Then, you need Proof of residence.
- Further, you would need Proof of identity.
- Besides, if you are an NRI, a copy of the passport should be provided along with the overseas address proof
- Also, if you are a new investor, In Person Verification (IPV) is mandatory at the time of submission of the KYC request
Check Related Articles on Similar Mutual Funds
Baroda Mutual Fund | DSP Mutual Fund | Franklin Templeton Mutual Fund |
Tata Mutual Fund | Taurus Mutual Fund | Union Mutual Fund |
Mirae Asset Mutual Fund Fees or Charges
Fund | Minimum Investment (Rs) | Entry Load (in % p.a.) | Exit Load (in % p.a.) | Fund Manager |
Mirae Asset Arbitrage Fund – Growth – Direct Plan | 5000 | N.A | 0.25 | Jignesh Rao |
Mirae Asset Banking and Financial Services Fund – Growth – Direct Plan | 5000 | N.A | 1 | Harshad Borawake |
Mirae Asset Banking and PSU Debt Fund – Growth – Direct Plan | 5000 | N.A | N.A | Mahendra Kumar Jajoo |
Mirae Asset Cash Management Fund – Growth – Direct Plan | 5000 | N.A | 0.007 | Mahendra Kumar Jajoo |
Mirae Asset Dynamic Bond Fund – Growth – Direct Plan | 5000 | N.A | 0.5 | Mahendra Kumar Jajoo |
Mirae Asset Emerging Bluechip Fund – Growth – Direct Plan | 5000 | N.A | 2 | Neelesh Surana |
Mirae Asset Equity Allocator Fund of Fund – Growth – Direct Plan | 5000 | N.A | 0.05 | Bharti Sawant |
Mirae Asset Equity Savings Fund – Growth – Direct Plan | 5000 | N.A | 1 | Harshad Borawake |
Mirae Asset ESG Sector Leaders Fund of Fund – Growth – Direct Plan | 5000 | N.A | N.A | Bharti Sawant |
Mirae Asset Focused Fund – Growth – Direct Plan | 5000 | N.A | 1 | Gaurav Misra |
Details on Mirae Asset AMC Fees
We have the routine list of funds they provide, alongside the charges attached to it. A closer look into the list provided above will give you an idea of the designated fund managers for each of the fund.
As you can see, the minimum investment is Rs.5000. It is constant and same for each and every fund, irrespective of the category or type of fund they are.
Now, moving onto the Entry load charge, it is presently not available with us.
On the contrary, if you check the Exit load fee, you can check that the percentage ranges between 0.25%, 1%, 0.007%, 0.5%, 0.05% and 2 percent.
You can refer to the plan you are interested in, and then choose to check the exit load it carries, on the adjacent side.
Best Performing Mirae Asset Mutual Fund
Fund Name | Category | Risk | 1Y Returns | Fund Size (in Cr) |
Mirae Asset Tax Saver Fund | Equity | Moderately High | 20.10% | Rs. 5,044 |
Mirae Asset Emerging Bluechip Fund | Equity | Moderately High | 21.20% | Rs. 13,405 |
Mirae Asset Hybrid – Equity Fund | Hybrid | Moderately High | 13.10% | Rs. 4,139 |
Mirae Asset Dynamic Bond Fund | Debt | Moderate | 10.80% | Rs. 140 |
Mirae Asset Large Cap Fund | Equity | Moderately High | 12.20% | Rs. 20,797 |
Mirae Asset Great Consumer Fund | Equity | High | 11.80% | Rs. 1,056 |
Mirae Asset Equity Savings Fund – Direct Plan | Hybrid | Moderately High | 13.30% | Rs. 135 |
Mirae Asset Focused Fund | Equity | Moderately High | 20.40% | Rs. 4,173 |
Mirae Asset Savings Fund | Debt | Moderately Low | 7.30% | Rs. 1,016 |
Mirae Asset Cash Management Fund | Debt | Low | 4.30% | Rs. 3,617 |
Details on Best Mirae Asset Mutual Funds
Here, Mirae Mutual Fund AMC provides some of the best mutual fund schemes in India. We have also given the names of some of the best performing Mirae Asset Mutual Fund below:
- Mirae Asset Tax Saver Fund. Then comes,
- Mirae Asset Emerging Bluechip Fund
- Mirae Asset Hybrid – Equity Fund. Now,
- Mirae Asset Dynamic Bond Fund. Then comes,
- Mirae Asset Large Cap Fund
- Mirae Asset Great Consumer Fund. Then comes,
- Mirae Asset Equity Savings Fund – Direct Plan. Then,
- Mirae Asset Focused Fund
- Mirae Asset Savings Fund. Then comes,
- Mirae Asset Cash Management Fund
More Articles on Investment in Mutual Funds
HDFC Mutual Fund | IDFC Mutual Fund | JM Financial Mutual Fund |
HSBC Mutual Fund | IIFL Mutual Fund | Kotak Mutual Fund |
Top 10 Mirae Asset AMC Funds
Fund | 1-Year Return (%) | 3-Year Return (%) | 5-Year Return (%) |
Mirae Asset Cash Management Fund – Growth – Direct Plan | 4.23 | 19.29 | 36.4 |
Mirae Asset Dynamic Bond Fund – Growth – Direct Plan | 9.94 | 27.48 | N.A |
Mirae Asset Emerging Bluechip Fund – Growth – Direct Plan | 18.15 | 28.66 | 116.9 |
Mirae Asset Equity Allocator Fund of Fund – Growth – Direct Plan | N.A | NA | N.A |
Mirae Asset Equity Savings Fund – Growth – Direct Plan | 11.49 | N.A | N.A |
Mirae Asset ESG Sector Leaders Fund of Fund – Growth – Direct Plan | N.A | NA | N.A |
Mirae Asset Fixed Maturity Plan – Series III – 1122 Days – Growth – Direct Plan | 9.72 | N.A | N.A |
Mirae Asset Arbitrage Fund – Growth – Direct Plan | N.A | NA | N.A |
Mirae Asset Banking and Financial Services Fund – Growth – Direct Plan | N.A | NA | N.A |
Mirae Asset Banking and PSU Debt Fund – Growth – Direct Plan | N.A | NA | N.A |
Details on Top Mirae Asset Mutual Fund Schemes
Mirae Asset Cash Management Fund – Growth – Direct Plan
The investment objective of the theme is set in order to come up with consistent returns with a high level of liquidity in an exceedingly considered portfolio combined with a cash market and debt instruments.
Mirae Asset Dynamic Bond Fund – Growth – Direct Plan
The objective of the theme is set in order to come up with optimum returns through active management of a portfolio of debt and securities instruments.
Mirae Asset Emerging Bluechip Fund – Growth – Direct Plan
The investment objective of the theme is to get financial gain and capital appreciation from a portfolio primarily invested in Indian equities and also equity connected securities of enormous cap and mid-cap firms at the time of investment.
From time to time, the fund manager may additionally obtain participation in alternative Indian equity and equity connected securities to attain optimum Portfolio construction.
Mirae Asset Equity Allocator Fund of Fund – Growth – Direct Plan
The investment objective of the theme is set in order to produce semi-permanent capital appreciation from a portfolio investing predominantly in units of domestic equity ETFs.
Mirae Asset Equity Savings Fund – Growth – Direct Plan
The investment objective of the theme is to supply capital appreciation and financial gain distribution to the investors by equity and also equity connected instruments, arbitrage opportunities, and investments in debt and market instruments.
Mirae Asset ESG Sector Leaders Fund of Fund – Growth – Direct Plan
The investment objective of the theme is set in order to produce long-run capital appreciation from a portfolio investing predominantly in units of Mirae ESG Sector Leaders ETF.
Then comes, Mirae Asset Fixed Maturity Plan – Series III – 1122 Days – Growth – Direct Plan
The investment objective of the theme is to get financial gain through debt investments together with securities industry instruments and government securities maturing on or before the date of maturity of the theme.
Then comes, Mirae Asset Arbitrage Fund – Growth – Direct Plan
The investment objective of the theme is to get capital appreciation and financial gain by preponderant investment.
It takes in arbitrage opportunities within the money and by-product sections of the equity markets. Also, it makes the arbitrage opportunities accessible inside the by-product segment.
It does so by investing the balance in debt and market instruments.
Then comes, Mirae Asset Banking and Financial Services Fund – Growth – Direct Plan
The investment objective of the theme is to come up with long capital appreciation from a portfolio.
It is endowed predominantly in equity and equity connected securities of firms. These firms are engaged in the banking and monetary services sector.
Then comes, Mirae Asset Banking and PSU Debt Fund – Growth – Direct Plan
The investment objective of the theme is to get financial gain/capital appreciation through preponderant finance in debt and securities industry instruments issued by Banks, Public Sector Undertakings (PSUs) and also Public monetary establishments (PFIs) and Municipal Bonds.
Best Mirae Asset Mutual Fund – Portfolio
Also, Mirae Asset Arbitrage Fund is of Rs.10.21
Mirae Asset Banking and Financial Services Fund is of Rs.10.74
Also, Mirae Asset Banking and PSU Debt Fund is of Rs.10.2031
Then comes, Mirae Asset Cash Management Fund is of Rs.2156.1365
Also, Mirae Asset Dynamic Bond Fund is of Rs.13.852
Mirae Asset Emerging Bluechip Fund is of Rs.80.691
Also, Mirae Asset Equity Allocator Fund of Fund is of Rs.12.915
Also,Mirae Asset Equity Savings Fund – Direct Plan is of Rs.13.209
Then comes, Mirae Asset ESG Sector Leaders Fund of Fund is of Rs.11.256
Also,Mirae Asset Fixed Maturity Plan – Series III – 1122 Days is of Rs.11.913
Mirae Asset AMC Customer Care Details
Address of AMC | Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), Mumbai – 400 098 |
Telephone Number | 022-67800300 |
Fax Number | 022-67253942 |
customercare@miraeasset.com |
In order to know more about Mirae Asset AMC and Mutual Fund schemes, an investor can contact at:
- Mirae Asset Investment Managers (India) Private Limited
- Address: Unit No. 606 – 6th Floor, Windsor Building, Off CST Road, Kalina, Santacruz (East), Mumbai – 400 098
- Phone Number: 022-67800301 / 1800-2090-777. You can also contact them via email if you can’t reach them on call.
- Email: customercare@miraeassetmf.co.in
- Website: http://www.miraeassetmf.co.in
Mirae Asset AMC – Important Links
Website | www.miraeassetmf.co.in |
Mirae Asset Mutual Fund Login | https://transact.miraeassetmf.co.in/investor/General/Login.aspx |
Mirae Asset Mutual Fund App | NA |
Facebook Link | https://www.facebook.com/MiraeAssetIN/ |
Twitter Link | https://twitter.com/MiraeAsset_IN |
Youtube Link | https://www.youtube.com/c/MiraeAssetIndia |
linkedIn Link | https://www.linkedin.com/company/mirae-asset-investment-managers-india/ |
Mirae Asset Mutual Fund AMC – Conclusion
Mirae Asset provides a wide range of mutual funds schemes according to your investment horizon and risk appetite.
Besides, the team has professionals who have extensive investment capabilities, you can choose the right mutual fund scheme for you.
Invest in Mutual Funds Now!!! – Fill up the Form
Find Details On Mutual Fund and SIP Investment