Mirae Mutual Fund

Updated on September 4, 2025 , 9756 views

Mirae Mutual Fund is an asset management company that operates in India under the name of Mirae Assets Global Investments (India) Pvt Ltd. Mirae Asset Mutual Fund is present in the Indian mutual fund Industry since 2007. The company was established with an initial seed Capital of $50 million. Other than dealing with Mutual Funds, Mirae Mutual Funds also provide advisory services to its Hong Kong and Korean counterparts on India investments. In addition, Mirae Mutual Fund company indulges in a mix of domestic and international businesses to provide stable growth opportunities.

The various categories of mutual fund schemes that Mirae Mutual Funds offer include equity, fixed Income, thematic, hybrid, and tax saving.

AMC	Mirae Mutual Fund
Date of Setup	November 30, 2007
AUM	INR 19177.73 crore (Jun-30-2018)
CEO/MD	Mr. Swarup Mohanty
CIO	Mr. Neelesh Surana
Compliance Officer	Mr. Ritesh Patel
investor Service Officer	Mr. Girish Dhanani
Customer Care Number	1800 2090 777
Telephone	022 – 67800300
Website	www.miraeassetmf.co.in
Email	customercare[AT]miraeasset.com

Mirae Mutual Fund: About Mirae Asset Global Investments

Mirae Assets Global Investment Co. Ltd. was founded in the year 1997 at the backdrop of Asian Crisis. Headquartered in Seoul, South Korea, Mirae Assets Global Investments is Mirae Asset Financial Group’s asset management arm. It’s also Asia’s one of the leading independent financial services company. Mirae Asset Financial Group has two more subsidiaries, namely, Mirae Asset Daewoo and Mirae Asset Life Insurance. Mirae Asset Daewoo is into investment banking and brokerage services. On the other hand, Mirae Asset Life insurance is into the insurance business. Though Mirae Mutual Fund stepped into the Indian mutual fund industry in 2007, nevertheless, Mirae Asset Global Investments has been present in India as a Foreign Institutional Investor (FII) since 2004. The company has a dedicated team of asset managers who help their team to achieve their Financial goals.

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Best Mutual Funds Offered by Mirae AMC

Likewise, other Mutual Fund companies, Mirae Asset Mutual Fund also offers a variety of Mutual Fund schemes under various categories to cater the varied preferences of the individuals. So, let us have a look at the various categories of Mutual Fund offered by Mirae along with some of the best schemes in these categories.

Equity Funds

It is a mutual fund category whose fund amount is invested in equity and equity-related securities. Some of the categories of Equity Mutual Funds include Large cap funds, mid cap funds, and sectoral funds. The fund also offers tax savings funds or Equity Linked Savings Scheme (ELSS). These schemes have a lock-in period of three years. Mirae Mutual Fund offers a variety of equity schemes through which investors can choose the scheme as per their requirements. Some of the Best equity funds offered by Mirae are listed below.

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2024 (%)
Mirae Asset Emerging Bluechip Fund Growth	₹149.033 ↑ 0.09	₹40,554	1.5	15.2	-3.4	15.5	20.8	15.6
Mirae Asset India Equity Fund Growth	₹112.282 ↓ -0.07	₹39,975	1.1	12.6	-0.7	12.6	16.8	12.7
Mirae Asset Tax Saver Fund Growth	₹48.55 ↑ 0.05	₹26,076	1.4	14.7	-1.2	16.1	20.9	17.2
Mirae Asset Great Consumer Fund Growth	₹97.64 ↑ 0.11	₹4,403	7.8	20.5	-1.8	18.1	22.1	17.2
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 5 Sep 25

Research Highlights & Commentary of 4 Funds showcased

Commentary	Mirae Asset Emerging Bluechip Fund	Mirae Asset India Equity Fund	Mirae Asset Tax Saver Fund	Mirae Asset Great Consumer Fund
Point 1	Highest AUM (₹40,554 Cr).	Upper mid AUM (₹39,975 Cr).	Lower mid AUM (₹26,076 Cr).	Bottom quartile AUM (₹4,403 Cr).
Point 2	Established history (15+ yrs).	Oldest track record among peers (17 yrs).	Established history (9+ yrs).	Established history (14+ yrs).
Point 3	Not Rated.	Top rated.	Not Rated.	Rating: 4★ (upper mid).
Point 4	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: Moderately High.	Risk profile: High.
Point 5	5Y return: 20.84% (lower mid).	5Y return: 16.80% (bottom quartile).	5Y return: 20.88% (upper mid).	5Y return: 22.05% (top quartile).
Point 6	3Y return: 15.53% (lower mid).	3Y return: 12.59% (bottom quartile).	3Y return: 16.12% (upper mid).	3Y return: 18.15% (top quartile).
Point 7	1Y return: -3.42% (bottom quartile).	1Y return: -0.65% (top quartile).	1Y return: -1.17% (upper mid).	1Y return: -1.85% (lower mid).
Point 8	Alpha: -1.13 (lower mid).	Alpha: 1.71 (upper mid).	Alpha: 1.86 (top quartile).	Alpha: -3.64 (bottom quartile).
Point 9	Sharpe: -0.47 (bottom quartile).	Sharpe: -0.35 (upper mid).	Sharpe: -0.32 (top quartile).	Sharpe: -0.42 (lower mid).
Point 10	Information ratio: -1.32 (bottom quartile).	Information ratio: -0.36 (lower mid).	Information ratio: 0.05 (upper mid).	Information ratio: 0.20 (top quartile).

Mirae Asset Emerging Bluechip Fund

Highest AUM (₹40,554 Cr).
Established history (15+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 20.84% (lower mid).
3Y return: 15.53% (lower mid).
1Y return: -3.42% (bottom quartile).
Alpha: -1.13 (lower mid).
Sharpe: -0.47 (bottom quartile).
Information ratio: -1.32 (bottom quartile).

Mirae Asset India Equity Fund

Upper mid AUM (₹39,975 Cr).
Oldest track record among peers (17 yrs).
Top rated.
Risk profile: Moderately High.
5Y return: 16.80% (bottom quartile).
3Y return: 12.59% (bottom quartile).
1Y return: -0.65% (top quartile).
Alpha: 1.71 (upper mid).
Sharpe: -0.35 (upper mid).
Information ratio: -0.36 (lower mid).

Mirae Asset Tax Saver Fund

Lower mid AUM (₹26,076 Cr).
Established history (9+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 20.88% (upper mid).
3Y return: 16.12% (upper mid).
1Y return: -1.17% (upper mid).
Alpha: 1.86 (top quartile).
Sharpe: -0.32 (top quartile).
Information ratio: 0.05 (upper mid).

Mirae Asset Great Consumer Fund

Bottom quartile AUM (₹4,403 Cr).
Established history (14+ yrs).
Rating: 4★ (upper mid).
Risk profile: High.
5Y return: 22.05% (top quartile).
3Y return: 18.15% (top quartile).
1Y return: -1.85% (lower mid).
Alpha: -3.64 (bottom quartile).
Sharpe: -0.42 (lower mid).
Information ratio: 0.20 (top quartile).

Debt Funds

Commonly referred as Fixed Income funds, these schemes invest a predominant stake of their corpus in fixed income instruments. Individuals Investing in fixed income funds have a low-risk appetite. Liquid Funds, ultra-short-term debt funds, and long-term debt funds are some of the categories of fixed income funds. Some of the best Debt fund schemes offered by Mirae Asset Mutual Fund are tabulated as follows.

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	2024 (%)	Debt Yield (YTM)	Mod. Duration	Eff. Maturity
Mirae Asset Cash Management Fund Growth	₹2,766.37 ↑ 0.43	₹13,634	1.5	3.3	6.9	7	7.3	5.77%	1M 6D	1M 7D
Mirae Asset Savings Fund Growth	₹2,285.78 ↑ 0.52	₹1,972	1.4	4	7.5	6.9	7.4	6.43%	10M 17D	11M 26D
Mirae Asset Dynamic Bond Fund Growth	₹16.3333 ↑ 0.00	₹120	1	4.1	7.4	6.4	7.1	6.23%	1Y 4M 24D	1Y 6M 22D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 5 Sep 25

Research Highlights & Commentary of 3 Funds showcased

Commentary	Mirae Asset Cash Management Fund	Mirae Asset Savings Fund	Mirae Asset Dynamic Bond Fund
Point 1	Highest AUM (₹13,634 Cr).	Lower mid AUM (₹1,972 Cr).	Bottom quartile AUM (₹120 Cr).
Point 2	Established history (16+ yrs).	Oldest track record among peers (17 yrs).	Established history (8+ yrs).
Point 3	Top rated.	Rating: 1★ (lower mid).	Not Rated.
Point 4	Risk profile: Low.	Risk profile: Moderately Low.	Risk profile: Moderate.
Point 5	1Y return: 6.89% (bottom quartile).	1Y return: 7.50% (upper mid).	1Y return: 7.36% (lower mid).
Point 6	1M return: 0.47% (upper mid).	1M return: 0.34% (lower mid).	1M return: 0.17% (bottom quartile).
Point 7	Sharpe: 3.62 (upper mid).	Sharpe: 2.37 (lower mid).	Sharpe: 1.32 (bottom quartile).
Point 8	Information ratio: 0.00 (upper mid).	Information ratio: 0.00 (lower mid).	Information ratio: 0.00 (bottom quartile).
Point 9	Yield to maturity (debt): 5.77% (bottom quartile).	Yield to maturity (debt): 6.43% (upper mid).	Yield to maturity (debt): 6.23% (lower mid).
Point 10	Modified duration: 0.10 yrs (upper mid).	Modified duration: 0.88 yrs (lower mid).	Modified duration: 1.40 yrs (bottom quartile).

Mirae Asset Cash Management Fund

Highest AUM (₹13,634 Cr).
Established history (16+ yrs).
Top rated.
Risk profile: Low.
1Y return: 6.89% (bottom quartile).
1M return: 0.47% (upper mid).
Sharpe: 3.62 (upper mid).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 5.77% (bottom quartile).
Modified duration: 0.10 yrs (upper mid).

Mirae Asset Savings Fund

Lower mid AUM (₹1,972 Cr).
Oldest track record among peers (17 yrs).
Rating: 1★ (lower mid).
Risk profile: Moderately Low.
1Y return: 7.50% (upper mid).
1M return: 0.34% (lower mid).
Sharpe: 2.37 (lower mid).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 6.43% (upper mid).
Modified duration: 0.88 yrs (lower mid).

Mirae Asset Dynamic Bond Fund

Bottom quartile AUM (₹120 Cr).
Established history (8+ yrs).
Not Rated.
Risk profile: Moderate.
1Y return: 7.36% (lower mid).
1M return: 0.17% (bottom quartile).
Sharpe: 1.32 (bottom quartile).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 6.23% (lower mid).
Modified duration: 1.40 yrs (bottom quartile).

Hybrid Fund

Hybrid Fund also known as Balanced Fund invest their corpus in both equity and debt funds. These schemes are suitable for people who are aiming for long-term capital growth along with regular income. Mirae Asset Prudence Fund is a hybrid category mutual fund scheme offered by Mirae Mutual Fund. The scheme invests 65-80% of its funds in equity and equity-related products while the remaining 20-35% in debt and money market instruments. The investment objective of this scheme is capital appreciation combined with regular income by investing in a combination of equity and debt instruments. This scheme too does not guarantee any specific returns.

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	5 YR (%)	2024 (%)
Mirae Asset Hybrid Equity Fund Growth	₹31.921 ↑ 0.02	₹9,181	0.6	11.1	-0.3	12.9	15.7	13.6
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 5 Sep 25

Research Highlights & Commentary of 1 Funds showcased

Commentary	Mirae Asset Hybrid Equity Fund
Point 1	Highest AUM (₹9,181 Cr).
Point 2	Oldest track record among peers (10 yrs).
Point 3	Not Rated.
Point 4	Risk profile: Moderately High.
Point 5	5Y return: 15.73% (top quartile).
Point 6	3Y return: 12.91% (top quartile).
Point 7	1Y return: -0.27% (top quartile).
Point 8	1M return: -0.18% (top quartile).
Point 9	Alpha: 1.17 (top quartile).
Point 10	Sharpe: -0.29 (top quartile).

Mirae Asset Hybrid Equity Fund

Highest AUM (₹9,181 Cr).
Oldest track record among peers (10 yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 15.73% (top quartile).
3Y return: 12.91% (top quartile).
1Y return: -0.27% (top quartile).
1M return: -0.18% (top quartile).
Alpha: 1.17 (top quartile).
Sharpe: -0.29 (top quartile).

1. Mirae Asset Tax Saver Fund

The investment objective of the scheme is to generate long term capital appreciation from a diversified portfolio of predominantly equity and equity related instruments. The Scheme does not guarantee or assure any returns.

Research Highlights for Mirae Asset Tax Saver Fund

Lower mid AUM (₹26,076 Cr).
Established history (9+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 20.88% (top quartile).
3Y return: 16.12% (top quartile).
1Y return: -1.17% (lower mid).
Alpha: 1.86 (top quartile).
Sharpe: -0.32 (upper mid).
Information ratio: 0.05 (upper mid).
Top sector: Financial Services.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~99%).
Largest holding HDFC Bank Ltd (~9.6%).

Below is the key information for Mirae Asset Tax Saver Fund

Mirae Asset Tax Saver Fund Growth
Launch Date	28 Dec 15
NAV (05 Sep 25)	₹48.55 ↑ 0.05 (0.11 %)
Net Assets (Cr)	₹26,076 on 31 Jul 25
Category	Equity - ELSS
AMC	Mirae Asset Global Inv (India) Pvt. Ltd
Rating	Not Rated
Risk	Moderately High
Expense Ratio	1.16
Sharpe Ratio	-0.32
Information Ratio	0.05
Alpha Ratio	1.86
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
31 Aug 20	₹10,000
31 Aug 21	₹16,077
31 Aug 22	₹16,461
31 Aug 23	₹18,788
31 Aug 24	₹26,002
31 Aug 25	₹25,292

Mirae Asset Tax Saver Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹505,644.
Net Profit of ₹205,644 Invest Now

Returns for Mirae Asset Tax Saver Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 5 Sep 25

Duration	Returns
1 Month	0.7%
3 Month	1.4%
6 Month	14.7%
1 Year	-1.2%
3 Year	16.1%
5 Year	20.9%
10 Year
15 Year
Since launch	17.7%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	17.2%
2023	27%
2022	0.1%
2021	35.3%
2020	21.5%
2019	14.1%
2018	-2.3%
2017	47.9%
2016	14.8%
2015

Fund Manager information for Mirae Asset Tax Saver Fund

Name	Since	Tenure
Neelesh Surana	28 Dec 15	9.68 Yr.

Data below for Mirae Asset Tax Saver Fund as on 31 Jul 25

Equity Sector Allocation

Sector	Value
Financial Services	32.3%
Consumer Cyclical	16.06%
Health Care	10.52%
Technology	9.46%
Industrials	8.88%
Basic Materials	6.15%
Consumer Defensive	4.6%
Energy	4.54%
Utility	2.89%
Communication Services	2.32%
Real Estate	1.31%

Asset Allocation

Asset Class	Value
Cash	0.98%
Equity	99.02%
Other	0%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 31 Dec 15 \| HDFCBANK	10%	₹2,507 Cr	12,421,752
Axis Bank Ltd (Financial Services) Equity, Since 31 Jan 18 \| 532215	4%	₹1,117 Cr	10,456,860
ICICI Bank Ltd (Financial Services) Equity, Since 31 Dec 15 \| ICICIBANK	4%	₹1,086 Cr	7,331,929
Infosys Ltd (Technology) Equity, Since 31 Dec 15 \| INFY	4%	₹1,082 Cr	7,172,785 ↑ 1,050,000
State Bank of India (Financial Services) Equity, Since 31 Dec 15 \| SBIN	4%	₹1,066 Cr	13,380,700 ↑ 1,136,377
Reliance Industries Ltd (Energy) Equity, Since 31 Dec 15 \| RELIANCE	4%	₹926 Cr	6,664,299 ↑ 920,000
ITC Ltd (Consumer Defensive) Equity, Since 30 Apr 16 \| ITC	3%	₹864 Cr	20,973,025 ↑ 2,525,612
Tata Consultancy Services Ltd (Technology) Equity, Since 31 Dec 15 \| TCS	3%	₹859 Cr	2,828,631 ↑ 503,000
Larsen & Toubro Ltd (Industrials) Equity, Since 31 Aug 16 \| LT	2%	₹600 Cr	1,649,526
Maruti Suzuki India Ltd (Consumer Cyclical) Equity, Since 31 Dec 15 \| MARUTI	2%	₹528 Cr	418,746

2. Mirae Asset Emerging Bluechip Fund

The investment objective of the scheme is to generate income and capital appreciation from a portfolio primarily investing in Indian equities and equity related securities of large cap and mid cap companies at the time of investment. From time to time, the fund manager may also seek participation in other Indian equity and equity related securities to achieve optimal Portfolio construction. The Scheme does not guarantee or assure any returns.

Research Highlights for Mirae Asset Emerging Bluechip Fund

Highest AUM (₹40,554 Cr).
Established history (15+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 20.84% (upper mid).
3Y return: 15.53% (upper mid).
1Y return: -3.42% (bottom quartile).
Alpha: -1.13 (bottom quartile).
Sharpe: -0.47 (bottom quartile).
Information ratio: -1.32 (bottom quartile).
Top sector: Financial Services.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~99%).
Largest holding HDFC Bank Ltd (~6.0%).

Below is the key information for Mirae Asset Emerging Bluechip Fund

Mirae Asset Emerging Bluechip Fund Growth
Launch Date	9 Jul 10
NAV (05 Sep 25)	₹149.033 ↑ 0.09 (0.06 %)
Net Assets (Cr)	₹40,554 on 31 Jul 25
Category	Equity - Large & Mid Cap
AMC	Mirae Asset Global Inv (India) Pvt. Ltd
Rating	Not Rated
Risk	Moderately High
Expense Ratio	1.16
Sharpe Ratio	-0.47
Information Ratio	-1.32
Alpha Ratio	-1.13
Min Investment	5,000
Min SIP Investment	0
Exit Load	0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
31 Aug 20	₹10,000
31 Aug 21	₹16,438
31 Aug 22	₹16,721
31 Aug 23	₹19,155
31 Aug 24	₹26,629
31 Aug 25	₹25,255

Mirae Asset Emerging Bluechip Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹505,644.
Net Profit of ₹205,644 Invest Now

Returns for Mirae Asset Emerging Bluechip Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 5 Sep 25

Duration	Returns
1 Month	1%
3 Month	1.5%
6 Month	15.2%
1 Year	-3.4%
3 Year	15.5%
5 Year	20.8%
10 Year
15 Year
Since launch	19.5%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	15.6%
2023	29.3%
2022	-1.4%
2021	39.1%
2020	22.4%
2019	14.7%
2018	-5.4%
2017	49%
2016	12.2%
2015	14.1%

Fund Manager information for Mirae Asset Emerging Bluechip Fund

Name	Since	Tenure
Neelesh Surana	9 Jul 10	15.16 Yr.
Ankit Jain	31 Jan 19	6.59 Yr.

Data below for Mirae Asset Emerging Bluechip Fund as on 31 Jul 25

Equity Sector Allocation

Sector	Value
Financial Services	27.62%
Consumer Cyclical	15.37%
Health Care	11.83%
Industrials	10.87%
Technology	9.48%
Basic Materials	7.27%
Consumer Defensive	4.44%
Communication Services	3.54%
Energy	3.41%
Utility	3.34%
Real Estate	1.87%

Asset Allocation

Asset Class	Value
Cash	0.96%
Equity	99.04%
Other	0%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 31 Dec 17 \| HDFCBANK	6%	₹2,438 Cr	12,079,234 ↑ 350,000
Axis Bank Ltd (Financial Services) Equity, Since 31 Jul 18 \| 532215	4%	₹1,552 Cr	14,527,395
State Bank of India (Financial Services) Equity, Since 30 Apr 18 \| SBIN	3%	₹1,250 Cr	15,696,896 ↑ 3,097,244
Infosys Ltd (Technology) Equity, Since 31 Jan 18 \| INFY	3%	₹1,055 Cr	6,991,754 ↑ 1,300,000
ITC Ltd (Consumer Defensive) Equity, Since 31 Aug 19 \| ITC	3%	₹1,018 Cr	24,715,652 ↑ 3,750,000
ICICI Bank Ltd (Financial Services) Equity, Since 29 Feb 12 \| ICICIBANK	2%	₹1,012 Cr	6,834,631
Reliance Industries Ltd (Energy) Equity, Since 30 Apr 18 \| RELIANCE	2%	₹991 Cr	7,130,439 ↑ 860,931
Larsen & Toubro Ltd (Industrials) Equity, Since 31 Mar 19 \| LT	2%	₹939 Cr	2,581,937 ↑ 125,000
Tata Consultancy Services Ltd (Technology) Equity, Since 31 May 19 \| TCS	2%	₹854 Cr	2,811,350 ↑ 1,131,876
Maruti Suzuki India Ltd (Consumer Cyclical) Equity, Since 30 Sep 18 \| MARUTI	2%	₹729 Cr	578,432

3. Mirae Asset Hybrid Equity Fund

(Erstwhile Mirae Asset Prudence Fund)

The investment objective of the Scheme is to generate capital appreciation along with current income from a combined portfolio of predominantly investing in equity & equity related instruments and balance in debt and money market instruments. The Scheme does not guarantee or assure any returns.

Research Highlights for Mirae Asset Hybrid Equity Fund

Bottom quartile AUM (₹9,181 Cr).
Established history (10+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 15.73% (bottom quartile).
3Y return: 12.91% (lower mid).
1Y return: -0.27% (top quartile).
1M return: -0.18% (bottom quartile).
Alpha: 1.17 (lower mid).
Sharpe: -0.29 (top quartile).
Information ratio: 0.23 (top quartile).
Top sector: Financial Services.
Higher exposure to Government (bond sector) vs peer median.
Equity-heavy allocation (~75%).
High-quality debt (AAA/AA ~100%).
Largest holding HDFC Bank Ltd (~7.2%).

Below is the key information for Mirae Asset Hybrid Equity Fund

Mirae Asset Hybrid Equity Fund Growth
Launch Date	29 Jul 15
NAV (05 Sep 25)	₹31.921 ↑ 0.02 (0.05 %)
Net Assets (Cr)	₹9,181 on 31 Jul 25
Category	Hybrid - Hybrid Equity
AMC	Mirae Asset Global Inv (India) Pvt. Ltd
Rating	Not Rated
Risk	Moderately High
Expense Ratio	1.16
Sharpe Ratio	-0.29
Information Ratio	0.23
Alpha Ratio	1.17
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
31 Aug 20	₹10,000
31 Aug 21	₹14,062
31 Aug 22	₹14,399
31 Aug 23	₹16,019
31 Aug 24	₹20,699
31 Aug 25	₹20,456

Mirae Asset Hybrid Equity Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹447,579.
Net Profit of ₹147,579 Invest Now

Returns for Mirae Asset Hybrid Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 5 Sep 25

Duration	Returns
1 Month	-0.2%
3 Month	0.6%
6 Month	11.1%
1 Year	-0.3%
3 Year	12.9%
5 Year	15.7%
10 Year
15 Year
Since launch	12.2%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	13.6%
2023	19%
2022	2.4%
2021	23.8%
2020	13.7%
2019	11.9%
2018	1.3%
2017	27.8%
2016	8.5%
2015

Fund Manager information for Mirae Asset Hybrid Equity Fund

Name	Since	Tenure
Mahendra Jajoo	8 Sep 16	8.99 Yr.
Vrijesh Kasera	1 Apr 20	5.42 Yr.
Harshad Borawake	1 Apr 20	5.42 Yr.

Data below for Mirae Asset Hybrid Equity Fund as on 31 Jul 25

Asset Allocation

Asset Class	Value
Cash	6.92%
Equity	74.53%
Debt	18.55%

Equity Sector Allocation

Sector	Value
Financial Services	24.64%
Industrials	7.7%
Consumer Cyclical	7.65%
Basic Materials	6.64%
Technology	6%
Health Care	5.68%
Energy	4.62%
Utility	4.16%
Consumer Defensive	3.82%
Communication Services	2.91%
Real Estate	0.71%

Debt Sector Allocation

Sector	Value
Government	12.19%
Cash Equivalent	6.92%
Corporate	6.36%

Credit Quality

Rating	Value
AA	5.36%
AAA	94.64%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 31 Jul 15 \| HDFCBANK	7%	₹664 Cr	3,290,833
ICICI Bank Ltd (Financial Services) Equity, Since 31 Jul 15 \| ICICIBANK	4%	₹372 Cr	2,510,852
State Bank of India (Financial Services) Equity, Since 31 Jul 15 \| SBIN	4%	₹345 Cr	4,329,966 ↑ 801,591
6.79% Govt Stock 2034 Sovereign Bonds \| -	3%	₹297 Cr	28,960,000 ↓ -225,000
Infosys Ltd (Technology) Equity, Since 31 Jul 15 \| INFY	3%	₹281 Cr	1,865,152
Reliance Industries Ltd (Energy) Equity, Since 31 Jul 15 \| RELIANCE	3%	₹272 Cr	1,956,068 ↓ -90,000
7.1% Govt Stock 2034 Sovereign Bonds \| -	3%	₹255 Cr	24,450,000 ↓ -175,000
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Jul 15 \| BHARTIARTL	3%	₹236 Cr	1,230,968
Axis Bank Ltd (Financial Services) Equity, Since 31 Jul 15 \| 532215	2%	₹224 Cr	2,097,277
Larsen & Toubro Ltd (Industrials) Equity, Since 31 Jul 15 \| LT	2%	₹220 Cr	604,332 ↑ 25,000

4. Mirae Asset India Equity Fund

(Erstwhile Mirae Asset India Opportunities Fund)

The investment objective of the scheme is to generate long term capital appreciation by capitalizing on potential investment opportunities through predominantly investing in equities, equity related securities.

Research Highlights for Mirae Asset India Equity Fund

Upper mid AUM (₹39,975 Cr).
Oldest track record among peers (17 yrs).
Top rated.
Risk profile: Moderately High.
5Y return: 16.80% (lower mid).
3Y return: 12.59% (bottom quartile).
1Y return: -0.65% (upper mid).
Alpha: 1.71 (upper mid).
Sharpe: -0.35 (lower mid).
Information ratio: -0.36 (lower mid).
Top sector: Financial Services.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~99%).
Largest holding HDFC Bank Ltd (~10.0%).

Below is the key information for Mirae Asset India Equity Fund

Mirae Asset India Equity Fund Growth
Launch Date	4 Apr 08
NAV (05 Sep 25)	₹112.282 ↓ -0.07 (-0.06 %)
Net Assets (Cr)	₹39,975 on 31 Jul 25
Category	Equity - Multi Cap
AMC	Mirae Asset Global Inv (India) Pvt. Ltd
Rating	☆☆☆☆☆
Risk	Moderately High
Expense Ratio	1.16
Sharpe Ratio	-0.35
Information Ratio	-0.36
Alpha Ratio	1.71
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

Date	Value
31 Aug 20	₹10,000
31 Aug 21	₹14,922
31 Aug 22	₹15,255
31 Aug 23	₹16,720
31 Aug 24	₹21,773
31 Aug 25	₹21,452

Mirae Asset India Equity Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹458,689.
Net Profit of ₹158,689 Invest Now

Returns for Mirae Asset India Equity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 5 Sep 25

Duration	Returns
1 Month	0.7%
3 Month	1.1%
6 Month	12.6%
1 Year	-0.7%
3 Year	12.6%
5 Year	16.8%
10 Year
15 Year
Since launch	14.9%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	12.7%
2023	18.4%
2022	1.6%
2021	27.7%
2020	13.7%
2019	12.7%
2018	-0.6%
2017	38.6%
2016	8.1%
2015	4.3%

Fund Manager information for Mirae Asset India Equity Fund

Name	Since	Tenure
Gaurav Misra	31 Jan 19	6.59 Yr.

Data below for Mirae Asset India Equity Fund as on 31 Jul 25

Equity Sector Allocation

Sector	Value
Financial Services	31.16%
Technology	12.04%
Consumer Cyclical	11.39%
Consumer Defensive	10.63%
Basic Materials	8.04%
Industrials	7.16%
Energy	5.61%
Health Care	5.01%
Communication Services	4%
Utility	3.25%
Real Estate	0.63%

Asset Allocation

Asset Class	Value
Cash	1.07%
Equity	98.93%
Other	0%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 28 Feb 09 \| HDFCBANK	10%	₹4,011 Cr	19,876,007
ICICI Bank Ltd (Financial Services) Equity, Since 31 Oct 09 \| ICICIBANK	8%	₹3,053 Cr	20,608,158
Infosys Ltd (Technology) Equity, Since 31 May 08 \| INFY	6%	₹2,404 Cr	15,929,399 ↑ 1,316,721
Reliance Industries Ltd (Energy) Equity, Since 30 Apr 08 \| RELIANCE	5%	₹1,881 Cr	13,533,143
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Aug 10 \| BHARTIARTL	4%	₹1,598 Cr	8,349,033
ITC Ltd (Consumer Defensive) Equity, Since 29 Feb 12 \| ITC	4%	₹1,577 Cr	38,289,599 ↑ 3,622,363
Tata Consultancy Services Ltd (Technology) Equity, Since 31 May 09 \| TCS	4%	₹1,573 Cr	5,178,291 ↑ 632,609
Larsen & Toubro Ltd (Industrials) Equity, Since 29 Feb 12 \| LT	3%	₹1,390 Cr	3,822,728
Axis Bank Ltd (Financial Services) Equity, Since 31 Mar 14 \| 532215	3%	₹1,337 Cr	12,514,826 ↓ -1,083,308
State Bank of India (Financial Services) Equity, Since 31 Jul 08 \| SBIN	2%	₹941 Cr	11,808,059

Mirae Mutual Fund Calculator

mutual fund calculator or sip calculator helps people to assess their present savings amount to attain their future objectives. To calculate this amount people need to enter certain input data that includes age, income level, current expenses, expected rate of returns, and other related factors. It is also known as SIP calculator. This calculator also helps individuals to understand how the SIP investment grows over time virtually.

Know Your Monthly SIP Amount

Total investment required is ₹3/month for 20 Years
or ₹257 one time (Lumpsum)
to achieve ₹5,000 Invest Now

Mirae Mutual Fund Statement

You can get a statement of Account to your email ID registered from Mirae's website. You need to enter your Folio number for which you would like to receive the Statement of Account. This statement will have the last 5 transaction details under the folio. The Statement of Account will be sent to your Email ID registered with the AMC.

How to Invest in Mirae Mutual Fund?

Open Free Investment Account for Lifetime at Fincash.com.

Complete your Registration and KYC Process

Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!

Get Started

Corporate Address

Unit No. 606, 6th Floor, Windsor Bldg., Off CST Road, Santacruz (East), Mumbai – 400 098

Sponsors

Mirae Assets Global Investment Co. Limited, South Korea

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.