Mirae Mutual Fund

Updated on August 15, 2025 , 9710 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	₹147.086 ↓ -0.25	₹41,202	2.6	13.2	0.2	14.9	21	15.6
Mirae Asset India Equity Fund Growth	₹111.498 ↑ 0.06	₹40,725	1.7	9.8	3.5	12.2	17	12.7
Mirae Asset Tax Saver Fund Growth	₹48.106 ↓ -0.05	₹26,537	2.5	12.3	3.1	15.6	21.2	17.2
Mirae Asset Great Consumer Fund Growth	₹93.011 ↑ 0.04	₹4,386	3.8	11.8	-1.4	17.2	21.8	17.2
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 14 Aug 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 (₹41,202 Cr).	Upper mid AUM (₹40,725 Cr).	Lower mid AUM (₹26,537 Cr).	Bottom quartile AUM (₹4,386 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: 20.96% (lower mid).	5Y return: 17.00% (bottom quartile).	5Y return: 21.23% (upper mid).	5Y return: 21.76% (top quartile).
Point 6	3Y return: 14.89% (lower mid).	3Y return: 12.23% (bottom quartile).	3Y return: 15.64% (upper mid).	3Y return: 17.16% (top quartile).
Point 7	1Y return: 0.24% (lower mid).	1Y return: 3.48% (top quartile).	1Y return: 3.06% (upper mid).	1Y return: -1.43% (bottom quartile).
Point 8	Alpha: -1.47 (lower mid).	Alpha: 1.62 (upper mid).	Alpha: 1.72 (top quartile).	Alpha: -3.23 (bottom quartile).
Point 9	Sharpe: -0.05 (bottom quartile).	Sharpe: 0.12 (upper mid).	Sharpe: 0.12 (top quartile).	Sharpe: -0.04 (lower mid).
Point 10	Information ratio: -1.71 (bottom quartile).	Information ratio: -0.70 (lower mid).	Information ratio: -0.36 (upper mid).	Information ratio: 0.06 (top quartile).

Mirae Asset Emerging Bluechip Fund

Highest AUM (₹41,202 Cr).
Established history (15+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 20.96% (lower mid).
3Y return: 14.89% (lower mid).
1Y return: 0.24% (lower mid).
Alpha: -1.47 (lower mid).
Sharpe: -0.05 (bottom quartile).
Information ratio: -1.71 (bottom quartile).

Mirae Asset India Equity Fund

Upper mid AUM (₹40,725 Cr).
Oldest track record among peers (17 yrs).
Top rated.
Risk profile: Moderately High.
5Y return: 17.00% (bottom quartile).
3Y return: 12.23% (bottom quartile).
1Y return: 3.48% (top quartile).
Alpha: 1.62 (upper mid).
Sharpe: 0.12 (upper mid).
Information ratio: -0.70 (lower mid).

Mirae Asset Tax Saver Fund

Lower mid AUM (₹26,537 Cr).
Established history (9+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 21.23% (upper mid).
3Y return: 15.64% (upper mid).
1Y return: 3.06% (upper mid).
Alpha: 1.72 (top quartile).
Sharpe: 0.12 (top quartile).
Information ratio: -0.36 (upper mid).

Mirae Asset Great Consumer Fund

Bottom quartile AUM (₹4,386 Cr).
Established history (14+ yrs).
Rating: 4★ (upper mid).
Risk profile: High.
5Y return: 21.76% (top quartile).
3Y return: 17.16% (top quartile).
1Y return: -1.43% (bottom quartile).
Alpha: -3.23 (bottom quartile).
Sharpe: -0.04 (lower mid).
Information ratio: 0.06 (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	₹2,758.52 ↑ 0.43	₹11,238	1.5	3.3	7	7	7.3	5.93%	1M 28D	2M 1D
Mirae Asset Savings Fund Growth	₹2,279.26 ↑ 0.67	₹1,565	1.7	4	7.6	7	7.4	6.5%	11M 5D	1Y 19D
Mirae Asset Dynamic Bond Fund Growth	₹16.2968 ↑ 0.01	₹121	1.6	4.2	7.6	6.5	7.1	6.28%	1Y 5M 19D	1Y 7M 17D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 17 Aug 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 (₹11,238 Cr).	Lower mid AUM (₹1,565 Cr).	Bottom quartile AUM (₹121 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: 6.97% (bottom quartile).	1Y return: 7.63% (upper mid).	1Y return: 7.57% (lower mid).
Point 6	1M return: 0.46% (upper mid).	1M return: 0.40% (lower mid).	1M return: 0.32% (bottom quartile).
Point 7	Sharpe: 3.96 (upper mid).	Sharpe: 2.52 (lower mid).	Sharpe: 1.54 (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): 5.93% (bottom quartile).	Yield to maturity (debt): 6.50% (upper mid).	Yield to maturity (debt): 6.28% (lower mid).
Point 10	Modified duration: 0.16 yrs (upper mid).	Modified duration: 0.93 yrs (lower mid).	Modified duration: 1.47 yrs (bottom quartile).

Mirae Asset Cash Management Fund

Highest AUM (₹11,238 Cr).
Established history (16+ yrs).
Top rated.
Risk profile: Low.
1Y return: 6.97% (bottom quartile).
1M return: 0.46% (upper mid).
Sharpe: 3.96 (upper mid).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 5.93% (bottom quartile).
Modified duration: 0.16 yrs (upper mid).

Mirae Asset Savings Fund

Lower mid AUM (₹1,565 Cr).
Oldest track record among peers (17 yrs).
Rating: 1★ (lower mid).
Risk profile: Moderately Low.
1Y return: 7.63% (upper mid).
1M return: 0.40% (lower mid).
Sharpe: 2.52 (lower mid).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 6.50% (upper mid).
Modified duration: 0.93 yrs (lower mid).

Mirae Asset Dynamic Bond Fund

Bottom quartile AUM (₹121 Cr).
Established history (8+ yrs).
Not Rated.
Risk profile: Moderate.
1Y return: 7.57% (lower mid).
1M return: 0.32% (bottom quartile).
Sharpe: 1.54 (bottom quartile).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 6.28% (lower mid).
Modified duration: 1.47 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	₹31.888 ↑ 0.01	₹9,313	1.9	10.2	4.1	12.9	15.9	13.6
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 14 Aug 25

Research Highlights & Commentary of 1 Funds showcased

Commentary	Mirae Asset Hybrid Equity Fund
Point 1	Highest AUM (₹9,313 Cr).
Point 2	Oldest track record among peers (10 yrs).
Point 3	Not Rated.
Point 4	Risk profile: Moderately High.
Point 5	5Y return: 15.92% (top quartile).
Point 6	3Y return: 12.85% (top quartile).
Point 7	1Y return: 4.05% (top quartile).
Point 8	1M return: -1.53% (top quartile).
Point 9	Alpha: 0.89 (top quartile).
Point 10	Sharpe: 0.15 (top quartile).

Mirae Asset Hybrid Equity Fund

Highest AUM (₹9,313 Cr).
Oldest track record among peers (10 yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 15.92% (top quartile).
3Y return: 12.85% (top quartile).
1Y return: 4.05% (top quartile).
1M return: -1.53% (top quartile).
Alpha: 0.89 (top quartile).
Sharpe: 0.15 (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 (₹26,537 Cr).
Established history (9+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 21.23% (top quartile).
3Y return: 15.64% (top quartile).
1Y return: 3.06% (lower mid).
Alpha: 1.72 (top quartile).
Sharpe: 0.12 (upper mid).
Information ratio: -0.36 (upper mid).
Top sector: Financial Services.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~97%).
Largest holding HDFC Bank Ltd (~9.4%).

Below is the key information for Mirae Asset Tax Saver Fund

Mirae Asset Tax Saver Fund Growth
Launch Date	28 Dec 15
NAV (14 Aug 25)	₹48.106 ↓ -0.05 (-0.10 %)
Net Assets (Cr)	₹26,537 on 30 Jun 25
Category	Equity - ELSS
AMC	Mirae Asset Global Inv (India) Pvt. Ltd
Rating	Not Rated
Risk	Moderately High
Expense Ratio	1.12
Sharpe Ratio	0.12
Information Ratio	-0.36
Alpha Ratio	1.72
Min Investment	500
Min SIP Investment	500
Exit Load	NIL

Growth of 10,000 investment over the years.

Date	Value
31 Jul 20	₹10,000
31 Jul 21	₹16,152
31 Jul 22	₹16,953
31 Jul 23	₹19,841
31 Jul 24	₹27,160
31 Jul 25	₹27,351

Mirae Asset Tax Saver Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹518,033.
Net Profit of ₹218,033 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 14 Aug 25

Duration	Returns
1 Month	-2.4%
3 Month	2.5%
6 Month	12.3%
1 Year	3.1%
3 Year	15.6%
5 Year	21.2%
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	9.6 Yr.

Data below for Mirae Asset Tax Saver Fund as on 30 Jun 25

Equity Sector Allocation

Sector	Value
Financial Services	32.01%
Consumer Cyclical	14.87%
Health Care	9.82%
Industrials	8.76%
Technology	8.74%
Basic Materials	7.32%
Energy	4.44%
Consumer Defensive	4.36%
Utility	3.21%
Communication Services	2.47%
Real Estate	1.32%

Asset Allocation

Asset Class	Value
Cash	2.68%
Equity	97.32%
Other	0%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 31 Dec 15 \| HDFCBANK	9%	₹2,486 Cr	12,421,752
Axis Bank Ltd (Financial Services) Equity, Since 31 Jan 18 \| 532215	5%	₹1,254 Cr	10,456,860 ↓ -904,706
ICICI Bank Ltd (Financial Services) Equity, Since 31 Dec 15 \| 532174	4%	₹1,060 Cr	7,331,929 ↓ -300,000
State Bank of India (Financial Services) Equity, Since 31 Dec 15 \| SBIN	4%	₹1,004 Cr	12,244,323
Infosys Ltd (Technology) Equity, Since 31 Dec 15 \| INFY	4%	₹981 Cr	6,122,785
Reliance Industries Ltd (Energy) Equity, Since 31 Dec 15 \| RELIANCE	3%	₹862 Cr	5,744,299 ↓ -285,000
Tata Consultancy Services Ltd (Technology) Equity, Since 31 Dec 15 \| TCS	3%	₹805 Cr	2,325,631
ITC Ltd (Consumer Defensive) Equity, Since 30 Apr 16 \| ITC	3%	₹768 Cr	18,447,413
Larsen & Toubro Ltd (Industrials) Equity, Since 31 Aug 16 \| LT	2%	₹605 Cr	1,649,526 ↓ -187,000
Maruti Suzuki India Ltd (Consumer Cyclical) Equity, Since 31 Dec 15 \| MARUTI	2%	₹519 Cr	418,746 ↑ 65,139

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 (₹41,202 Cr).
Established history (15+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 20.96% (upper mid).
3Y return: 14.89% (upper mid).
1Y return: 0.24% (bottom quartile).
Alpha: -1.47 (bottom quartile).
Sharpe: -0.05 (bottom quartile).
Information ratio: -1.71 (bottom quartile).
Top sector: Financial Services.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~98%).
Largest holding HDFC Bank Ltd (~5.7%).

Below is the key information for Mirae Asset Emerging Bluechip Fund

Mirae Asset Emerging Bluechip Fund Growth
Launch Date	9 Jul 10
NAV (14 Aug 25)	₹147.086 ↓ -0.25 (-0.17 %)
Net Assets (Cr)	₹41,202 on 30 Jun 25
Category	Equity - Large & Mid Cap
AMC	Mirae Asset Global Inv (India) Pvt. Ltd
Rating	Not Rated
Risk	Moderately High
Expense Ratio	1.25
Sharpe Ratio	-0.05
Information Ratio	-1.71
Alpha Ratio	-1.47
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 Jul 20	₹10,000
31 Jul 21	₹16,564
31 Jul 22	₹17,175
31 Jul 23	₹19,905
31 Jul 24	₹27,815
31 Jul 25	₹27,091

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 14 Aug 25

Duration	Returns
1 Month	-2.6%
3 Month	2.6%
6 Month	13.2%
1 Year	0.2%
3 Year	14.9%
5 Year	21%
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	15.07 Yr.
Ankit Jain	31 Jan 19	6.5 Yr.

Data below for Mirae Asset Emerging Bluechip Fund as on 30 Jun 25

Equity Sector Allocation

Sector	Value
Financial Services	25.97%
Consumer Cyclical	15.06%
Industrials	11.33%
Health Care	11.1%
Basic Materials	8.81%
Technology	8.71%
Consumer Defensive	4.21%
Energy	3.67%
Communication Services	3.66%
Utility	3.52%
Real Estate	2.38%

Asset Allocation

Asset Class	Value
Cash	1.59%
Equity	98.41%
Other	0%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 31 Dec 17 \| HDFCBANK	6%	₹2,348 Cr	11,729,234
Axis Bank Ltd (Financial Services) Equity, Since 31 Jul 18 \| 532215	4%	₹1,742 Cr	14,527,395 ↓ -814,325
State Bank of India (Financial Services) Equity, Since 30 Apr 18 \| SBIN	3%	₹1,034 Cr	12,599,652
ICICI Bank Ltd (Financial Services) Equity, Since 29 Feb 12 \| 532174	2%	₹988 Cr	6,834,631 ↓ -439,883
Reliance Industries Ltd (Energy) Equity, Since 30 Apr 18 \| RELIANCE	2%	₹941 Cr	6,269,508
Infosys Ltd (Technology) Equity, Since 31 Jan 18 \| INFY	2%	₹912 Cr	5,691,754
Larsen & Toubro Ltd (Industrials) Equity, Since 31 Mar 19 \| LT	2%	₹902 Cr	2,456,937 ↓ -125,000
ITC Ltd (Consumer Defensive) Equity, Since 31 Aug 19 \| ITC	2%	₹873 Cr	20,965,652
Maruti Suzuki India Ltd (Consumer Cyclical) Equity, Since 30 Sep 18 \| MARUTI	2%	₹717 Cr	578,432 ↑ 190,000
Delhivery Ltd (Industrials) Equity, Since 30 Nov 22 \| 543529	2%	₹686 Cr	17,919,618

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 (₹9,313 Cr).
Established history (10+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 15.92% (bottom quartile).
3Y return: 12.85% (lower mid).
1Y return: 4.05% (top quartile).
1M return: -1.53% (upper mid).
Alpha: 0.89 (lower mid).
Sharpe: 0.15 (top quartile).
Information ratio: 0.23 (top quartile).
Top sector: Financial Services.
Higher exposure to Government (bond sector) vs peer median.
Equity-heavy allocation (~76%).
High-quality debt (AAA/AA ~100%).
Largest holding HDFC Bank Ltd (~7.1%).

Below is the key information for Mirae Asset Hybrid Equity Fund

Mirae Asset Hybrid Equity Fund Growth
Launch Date	29 Jul 15
NAV (14 Aug 25)	₹31.888 ↑ 0.01 (0.03 %)
Net Assets (Cr)	₹9,313 on 30 Jun 25
Category	Hybrid - Hybrid Equity
AMC	Mirae Asset Global Inv (India) Pvt. Ltd
Rating	Not Rated
Risk	Moderately High
Expense Ratio	1.19
Sharpe Ratio	0.15
Information Ratio	0.23
Alpha Ratio	0.89
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 Jul 20	₹10,000
31 Jul 21	₹13,864
31 Jul 22	₹14,455
31 Jul 23	₹16,523
31 Jul 24	₹20,909
31 Jul 25	₹21,391

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 14 Aug 25

Duration	Returns
1 Month	-1.5%
3 Month	1.9%
6 Month	10.2%
1 Year	4.1%
3 Year	12.9%
5 Year	15.9%
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	8.9 Yr.
Vrijesh Kasera	1 Apr 20	5.34 Yr.
Harshad Borawake	1 Apr 20	5.34 Yr.

Data below for Mirae Asset Hybrid Equity Fund as on 30 Jun 25

Asset Allocation

Asset Class	Value
Cash	5.64%
Equity	75.98%
Debt	18.38%

Equity Sector Allocation

Sector	Value
Financial Services	25.16%
Industrials	8.05%
Consumer Cyclical	7.7%
Technology	6.36%
Basic Materials	6.3%
Health Care	5.59%
Energy	4.97%
Utility	4.09%
Consumer Defensive	3.71%
Communication Services	3.26%
Real Estate	0.77%

Debt Sector Allocation

Sector	Value
Government	12.26%
Corporate	6.22%
Cash Equivalent	5.54%

Credit Quality

Rating	Value
AA	7.63%
AAA	92.37%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 31 Jul 15 \| HDFCBANK	7%	₹659 Cr	3,290,833 ↑ 100,000
ICICI Bank Ltd (Financial Services) Equity, Since 31 Jul 15 \| 532174	4%	₹363 Cr	2,510,852 ↓ -390,000
Reliance Industries Ltd (Energy) Equity, Since 31 Jul 15 \| RELIANCE	3%	₹307 Cr	2,046,068
6.79% Govt Stock 2034 Sovereign Bonds \| -	3%	₹300 Cr	29,185,000 ↑ 9,450,000
Infosys Ltd (Technology) Equity, Since 31 Jul 15 \| INFY	3%	₹299 Cr	1,865,152
State Bank of India (Financial Services) Equity, Since 31 Jul 15 \| SBIN	3%	₹289 Cr	3,528,375
7.1% Govt Stock 2034 Sovereign Bonds \| -	3%	₹257 Cr	24,625,000 ↓ -250,000
Axis Bank Ltd (Financial Services) Equity, Since 31 Jul 15 \| 532215	3%	₹252 Cr	2,097,277
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Jul 15 \| BHARTIARTL	3%	₹247 Cr	1,230,968
Larsen & Toubro Ltd (Industrials) Equity, Since 31 Jul 15 \| LT	2%	₹213 Cr	579,332

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 (₹40,725 Cr).
Oldest track record among peers (17 yrs).
Top rated.
Risk profile: Moderately High.
5Y return: 17.00% (lower mid).
3Y return: 12.23% (bottom quartile).
1Y return: 3.48% (upper mid).
Alpha: 1.62 (upper mid).
Sharpe: 0.12 (lower mid).
Information ratio: -0.70 (lower mid).
Top sector: Financial Services.
Top bond sector: Cash Equivalent.
Equity-heavy allocation (~99%).
Largest holding HDFC Bank Ltd (~9.8%).

Below is the key information for Mirae Asset India Equity Fund

Mirae Asset India Equity Fund Growth
Launch Date	4 Apr 08
NAV (14 Aug 25)	₹111.498 ↑ 0.06 (0.05 %)
Net Assets (Cr)	₹40,725 on 30 Jun 25
Category	Equity - Multi Cap
AMC	Mirae Asset Global Inv (India) Pvt. Ltd
Rating	☆☆☆☆☆
Risk	Moderately High
Expense Ratio	1.19
Sharpe Ratio	0.12
Information Ratio	-0.7
Alpha Ratio	1.62
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 Jul 20	₹10,000
31 Jul 21	₹14,536
31 Jul 22	₹15,414
31 Jul 23	₹17,535
31 Jul 24	₹22,346
31 Jul 25	₹22,554

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 14 Aug 25

Duration	Returns
1 Month	-1.3%
3 Month	1.7%
6 Month	9.8%
1 Year	3.5%
3 Year	12.2%
5 Year	17%
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	6.5 Yr.

Data below for Mirae Asset India Equity Fund as on 30 Jun 25

Equity Sector Allocation

Sector	Value
Financial Services	31.51%
Technology	11.84%
Consumer Cyclical	10.51%
Consumer Defensive	9.62%
Basic Materials	8.51%
Industrials	8.02%
Energy	5.89%
Health Care	4.95%
Communication Services	4.12%
Utility	3.43%
Real Estate	0.65%

Asset Allocation

Asset Class	Value
Cash	0.96%
Equity	99.03%
Other	0%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Bank Ltd (Financial Services) Equity, Since 28 Feb 09 \| HDFCBANK	10%	₹3,978 Cr	19,876,007
ICICI Bank Ltd (Financial Services) Equity, Since 31 Oct 09 \| 532174	7%	₹2,980 Cr	20,608,158 ↓ -587,363
Infosys Ltd (Technology) Equity, Since 31 May 08 \| INFY	6%	₹2,341 Cr	14,612,678 ↑ 264,937
Reliance Industries Ltd (Energy) Equity, Since 30 Apr 08 \| RELIANCE	5%	₹2,031 Cr	13,533,143 ↓ -709,375
Bharti Airtel Ltd (Communication Services) Equity, Since 31 Aug 10 \| BHARTIARTL	4%	₹1,678 Cr	8,349,033 ↓ -42,886
Axis Bank Ltd (Financial Services) Equity, Since 31 Mar 14 \| 532215	4%	₹1,631 Cr	13,598,134
Tata Consultancy Services Ltd (Technology) Equity, Since 31 May 09 \| TCS	4%	₹1,574 Cr	4,545,682
ITC Ltd (Consumer Defensive) Equity, Since 29 Feb 12 \| ITC	4%	₹1,444 Cr	34,667,236 ↑ 2,410,433
Larsen & Toubro Ltd (Industrials) Equity, Since 29 Feb 12 \| LT	3%	₹1,403 Cr	3,822,728 ↓ -34,000
State Bank of India (Financial Services) Equity, Since 31 Jul 08 \| SBIN	2%	₹969 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.