Mirae Asset Mutual Fund
AUM
₹ 1,98,338 cr.
AMC Age
17 Years
No. Of Schemes
121
Mirae Asset Mutual Fund, established in India in November 2005, is a leading foreign fund house. Committed to providing investors with diverse investment opportunities across asset classes and market segments to support their financial objectives.
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About Mirae Asset Mutual Fund
- About the Fund
- Key Information
- Types Of Funds
- Charges & Fees
- Risk Factors
Mirae Asset Mutual Fund, part of the globally recognised Mirae Asset Financial Group, has been serving investors in India since November 2005. Its parent company, established in 1997 in South Korea, is a prominent independent financial services firm with operations spanning 58+ countries.
Key Features
- It is a trusted fund house known for its research-driven investment approach and commitment to investor growth,
- The fund house has a strong distribution network, including mutual fund distributors (MFDs), national distributors (NDs), and banking partners across India.
- It is a part of Mirae Asset Financial Group, a global entity with a presence in key financial markets worldwide.
- With a growing presence in India, Mirae Asset Mutual Fund serves investors across multiple cities through digital and physical touchpoints..
- Mirae Asset Mutual Fund has 22 branches nationwide and manages over 65+ lakh folios, with a monthly SIP book of 828 crore.
Documents Required
To invest in Mirae Asset Mutual Fund, investors must complete the Know Your Customer (KYC) process and submit the required documents. Below is a list of documents based on investor type:
KYC Application Form: Completed and signed CKYC application form
In-Person Verification (IPV) – Mandatory for KYC compliance.
Bank Account Details – Canceled cheque or bank statement for linking the investment account.
Nomination Form (optional but recommended)
Proof of Identity (Any one of the following, self-attested):
- PAN Card (mandatory for investments above ₹50,000 per year)
- Aadhaar Card
- Passport
- Voter ID
- Driving License
- NREGA Job Card (duly signed by a State Government officer)
Proof of Address (Anyone, except PAN card):
- Aadhaar Card
- Passport
- Voter ID
- Driving License
- Utility Bills (not older than 3 months)
- Bank Account Statement/Passbook (not older than 3 months)
Investors are advised to contact Mirae Asset Mutual Fund’s customer service or visit its official website for any modifications, redemptions, or complaints.
Mirae Asset Mutual Fund Managers
Mr. Ankit Jain
Mr. Harshad Borawake
Mr. Vrijesh Kasera
Ms. Bharti Sawant
Mr. Gaurav Misra
How To Invest In Mirae Asset Mutual Fund With Choice?
Mirae Asset Mutual Fund FAQs
The best Mirae Asset Mutual Fund depends on your financial goals, risk tolerance, and investment horizon. Equity funds suit long-term wealth creation, while debt funds provide stable returns. You can explore and compare Mirae Asset schemes on the Choice FinX app by Choice to find the right fit for your portfolio.
Mirae Asset Mutual Fund schemes are subject to taxation based on the type of fund and holding period. Equity fund gains are taxed at 20% (short-term) and 12.5% (long-term if gains exceed 1.25 lakh annually). Debt fund gains are taxed per your income slab. ELSS funds offer tax benefits under Section 80C.
To invest, you need a self-attested PAN card, proof of address (Aadhaar, passport, or utility bill), a recent passport-sized photograph, and bank details. NRIs must also provide passport and overseas address proof. Upload these documents digitally via Choice FinX for a hassle-free investment experience.
For most Mirae Asset Mutual Fund schemes, the minimum investment starts at 99 for a Systematic Investment Plan (SIP) and 5,000 for a lump-sum investment. However, the ELSS Tax Saver Fund requires a minimum SIP investment of 500.
Returns are calculated based on the Net Asset Value (NAV) movement.
The formula is [(Current NAV - Initial NAV) / Initial NAV] × 100
You can use the Choice portfolio tracker to monitor and evaluate fund performance in real time.
Yes, you can switch between Mirae Asset Mutual Funds via Choice FinX. The platform allows seamless fund switching, but be mindful of potential exit loads and tax implications based on your investment duration.
Investing may include expense ratios, exit loads, and Securities Transaction Tax (STT). Expense ratios cover fund management costs, while exit loads apply if you redeem units before the lock-in period. Choice provides transparent cost breakdowns for each fund.
No, a Demat account is not required to make mutual fund investments through Choice. You can invest directly using your bank account and track your portfolio conveniently on the platform.
You can download your fund statement through the Mirae Asset website or request it via email. For easy access, Choice FinX offers consolidated statements of all your mutual fund investments in one place.
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