Mirae Asset Management

Mirae Asset Financial Group completes acquisition of Sharekhan

Jisang Yoo, CEO, Mirae Asset Capital Markets India, will be appointed as the CEO of Mirae Asset Sharekhan.

Midcaps often misunderstood as being too risky, says Neelesh Surana

Surana shares his insights on navigating uncertain market conditions

Equity returns outclass gold, FD, property in the long term: Morgan Stanley

Indian households, Desai wrote, are still under-invested in equities. At cost, only 3 per cent of the household balance sheet is in equities, excluding equity holdings of founders.

Mirae Asset launches Nifty Total Market Index Fund: Is it worth betting on

Open-ended scheme will track the Nifty Total Market Total Return Index, according to company

Mirae Asset MF expands ETF offerings with metal and PSU bank funds

Schemes aim to generate returns commensurate with the performance of the Nifty PSU Bank Total Return Index, subject to tracking error

Mirae Asset MF launches Nifty500 Multicap 50:25:25 ETF: Who should invest

New ETF aims to provide investors with a diversified investment approach and balanced exposure across large, mid and smallcap stocks

South Korea's Mirae Asset mulls $150 mn capital infusion in Sharekhan

Foray into wealth management and portfolio management on the cards

Large MFs less likely to confront promoters in voting on resolutions

Fund houses are becoming assertive in general and the trend could be helping corporate governance

Zero electricity bill, tax tweaks: Govt's 100-day agenda, budget wish list

From a long-term perspective, however, the focus, Mirae Asset said, would be on infrastructure development, farm laws, skill development, and creating employment

$700 mn buyout deal shows new way of moving assets, holding equity in India

A relatively new portfolio management tool allows private equity managers to move assets around more easily, as a way to hold them for longer

Korean fund house Mirae Asset eyes Rs 1.5 trillion AUM by December

Mirae Asset Investment Managers India hopes to close the current year with an AUM of Rs 1.5 lakh crore, up from Rs 1.20 lakh crore in December 2022, on the back of aggressive growth in systematic investments plans and its forte of equity-linked funds. Mirae Asset is the only Korean fund operating in the country and since its entry in 2008, it has grown to become the 12th largest fund house in the country with an AUM of Rs 1.16 lakh crore as of February 2023. Mirae Asset is fully-owned by the Mirae Financial Group of Seoul that globally manages over USD 225 billion assets. Mirae, whose large-cap fund has an AUM of over Rs 30,000 crore, and an emerging fund with Rs 24,000 crore, has two subsidiaries in the country -- wealth management and a zero-brokerage equity broking arm. As much as 90 per cent of its AUM are deployed in active equity funds, while the passive funds constitute Rs 3,000 crore, Swarup Mohanty, the chief executive of the fund house, told PTI. "We're seeing good tract

Hunting for value in growth-oriented businesses: Mirae's Neelesh Surana

Neelesh Surana, chief investment officer, Mirae Asset Investment Managers. Surana talks about opportunities that have emerged in growth-oriented business post the time and price correction last year

Mirae Asset Mutual Fund aims to launch precious ETF by Q1 next year

Exchange traded funds back each security issued with physical stocks of a given commodity, creating a product considered free from counterparty risk

Mirae NBFC arm floats new product offering loans against MF holdings

Customers can avail instant loans of up to Rs 3 crore by pledging their equity and debt MF holdings on a mobile app

Robust investment framework helps across market cycles: Mirae Asset CIO

While a bull run pushed up returns, a disciplined approach and proper framework made all the difference in generating alpha for Neelesh Surana

Mirae Asset Mutual Fund's AUM crosses Rs 1-trillion mark

Fund house plans to strengthen its debt offerings

Mirae Asset MF assets under management crosses Rs 1 trillion

Mirae Asset Investment Managers (India) Pvt Ltd on Wednesday said its assets under management have crossed the Rs 1 lakh crore mark.

Mirae MF launches passive ESG funds, NFOs open between Oct 27-Nov 10

Mirae Asset ESG Sector Leaders ETF is an open-ended scheme tracking Nifty 100 ESG Sector Leaders Total Return Index. The second, an FoF, will invest predominantly in this ETF

Market risk is temporary, credit risk permanent, says Mirae's Jajoo

RBI announced a series of confidence boosting measures, including commitment to conduct adequate OMOs, introducing for the first time, OMOs of state development loans, and online LTROs

We have not had any panic redemption in recent weeks: Mirae Asset

In the recent past, we have used the market volatility to add some quality franchises and replaced our weakest holdings. Overweight healthcare, insurance, automobiles/consumer discretionary.