 "equity, mf, mutual funds, cash, outflow, stocks, shares, investment")
Mirae Asset Mutual Fund (MF) has become the latest fund house to join the Rs 1- trillion of assets under management (AUM) club. The asset manager, which started its operation during the global financial crisis of 2008, has seen its assets grow more than 10 times in the last five and half years.
The fund house, known for its equity offerings, plans to strengthen its debt portfolio going ahead.
Swarup Mohanty, CEO, Mirae Asset Investment Managers (India) said, “I think it is time to strengthen the debt investment team as the bulk of the money is still on the debt
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