Mirae Asset Mutual Fund
Mirae Asset Mutual Fund AMC Detail
Particulars | Description | Particulars | Description | |
CEO | Swarup Anand Mohanty | Quarterly AUM | 164467.60 | |
CIO | - | Absolute change in AUM | -14964.10 | |
Investor Relations Office | Girish Dhanani | % Change in AUM | -9.10 | |
Registrar and Transfer Agent | KFin Technologies Ltd. | Total number of Schemes | 59 | |
Custodian | Deutsche Bank | Number of Outperformers | 12 | |
Company Address | Head Office Unit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai:400098 Phone: 022-67800301 / 1800-2090-777 Branch Office Unit No. 204, 2nd Floor,Prestige Meridian - II,No. 30, M.G. Road, Bangalore:560001 Phone: 1800-2090-777 Branch Office Ground Floor, No. 185Janpath Road,Near Kharvela Nagar Police Station Bhubaneshwar:751009 Phone: 1800-2090-777 Branch Office The Millennium, 7th Floor 235/2A,A.J.C. Bose Road, Kolkata:700020 Phone: 1800-2090-777 Branch Office Ground floor, C.N.Deivanayagam ComplexNo. 33-Venkatanarayana Road, T.Nagar, Chennai:600017 Phone: 044-44227777 / 1800-2090-777 Branch Office Unit No 1501-1505, 15th Floor, Narain Manzil Barakhambha Road, New Delhi:110001 Phone: 011-44227777 / 1800-2090-777 Branch Office Unit No:-104, 1st floorSPG Empressa, Besides Passport Office, Mithakhali Six RoadsNavrangpura Ahmedabad:380009 Phone: 1800-2090-777 Branch Office SCO 2471-72 2nd Floor,Sector 22-C, Chandigarh:160022 Phone: 1800-209-0777 Branch Office Unit No. 804-8th Floor,Okay Plus Tower-Ajmer Road Jaipur:302001 Phone: 1800-209-0777 Branch Office Office No.303 & 304, 3rd Floor, 14/113, Kan Chamber, Civil Lines, Kanpur:208001 Phone: 1800-2090-777 Branch Office Second floor, Construction House 796/189B, Bhandarkar Road, Deccan Gymkhana Pune:411004 Phone: 020-40177300 / 1800-209-0777 Transaction Point No. 208, Legend Crystal Building,2nd Floor, P.G. Road, Secunderabad:500003 Transaction Point Office No- 8 & 9 Ground Floor Saran Chambers II, 5 Park Road Lucknow:226001 Transaction Point Office No. FF-7, Concorde Building,R C Dutt Road, Alkapuri Vadodara:390007 Phone: 7043331774 Branch Office 405, 4th floor, Grand Plaza,Fraser Road, Patna:800001 | % of Outperformers | 20.34 |
Mirae Asset Mutual Fund FAQs
- 1. Which Mirae Asset Mutual Fund is best for SIP in equity category?There are various subcategories under the equity category itself. Mirae Asset Mutual Fund offers a varied class of funds under its equity umbrella. The 3 best equity funds for SIP are actually the top rated ones which have consistently given superior returns in their respective defined categories.
- Scheme rating: 3 star - NAV: Rs. 42.21 - SIP Returns% (1/3/5 yr): 60.51%/ 43.05%/ 43.42% - Expense ratio: 0.49% - Asset Size: Rs. 2560.38 cr
- Scheme rating: 4 star - NAV: Rs. 115.57 - SIP Returns% (1/3/5 yr): 50.38%/ 40.32%/ 42.54% - Expense ratio: 0.41% - Asset Size: Rs. 4069.29 cr
- Scheme rating: 3 star - NAV: Rs. 54.63 - SIP Returns% (1/3/5 yr): 42.16%/ 32.12%/ 36.24% - Expense ratio: 0.58% - Asset Size: Rs. 25617.49 cr
%% 36382 / mirae-asset-healthcare-fund-direct-plan / Mirae Asset Healthcare Fund Direct - Growth, 16584 / mirae-asset-great-consumer-fund-direct-plan / Mirae Asset Great Consumer Fund Direct-Growth and 31318 / mirae-asset-elss-tax-saver-fund-direct-plan / Mirae Asset ELSS Tax Saver Fund Direct-Growth - 2. Which are the top performing Mirae Asset Mutual Fund?The 3 top performing funds for Mirae Asset Mutual Fund based on the descending order of returns are:
- NAV: Rs. 115.57 - Trailing Returns% (1/3/5 yr): 45.32% / 25.69% / 26.42% - Expense ratio: 0.41% - Asset Size: Rs. 4069.29 cr
- NAV: Rs. 39.31 - Trailing Returns% (1/3/5 yr): 44.66% / 24.96% / 31.61% - Expense ratio: 0.57% - Asset Size: Rs. 17454.59 cr
- NAV: Rs. 20.07 - Trailing Returns% (1/3/5 yr): 52.32% / 21.08% / NA - Expense ratio: 0.05% - Asset Size: Rs. 1555.63 cr
%% 16584 / mirae-asset-great-consumer-fund-direct-plan / Mirae Asset Great Consumer Fund Direct-Growth, 40048 / mirae-asset-midcap-fund-direct-plan / Mirae Asset Midcap Fund Direct - Growth and 41431 / mirae-asset-nyse-fang-etf-fof-direct-plan / Mirae Asset NYSE FANG+ ETF FoF Direct - Growth - 3. Which are the best Mirae Asset Mutual Fund?The 3 best equity Mirae Asset Mutual Fund are actually the top rated ones which have consistently given superior returns in their respective defined categories.
- Scheme rating: 4 star - NAV: Rs. 115.57 - Trailing Returns% (1/3/5 yr): 45.32% / 25.69% / 26.42% - Expense ratio: 0.41% - Asset Size: Rs. 4069.29 cr
- Scheme rating: 3 star - NAV: Rs. 42.21 - Trailing Returns% (1/3/5 yr): 52.14% / 19.94% / 33.02% - Expense ratio: 0.49% - Asset Size: Rs. 2560.38 cr
- Scheme rating: 4 star - NAV: Rs. 25.37 - Trailing Returns% (1/3/5 yr): 39.26% / 18.77% / NA - Expense ratio: 0.04% - Asset Size: Rs. 855.21 cr
%% 16584 / mirae-asset-great-consumer-fund-direct-plan / Mirae Asset Great Consumer Fund Direct-Growth, 36382 / mirae-asset-healthcare-fund-direct-plan / Mirae Asset Healthcare Fund Direct - Growth and 41121 / mirae-asset-equity-allocator-fof-direct-plan / Mirae Asset Equity Allocator FoF Direct - Growth - 4. Which are the top performing sectoral/thematic based funds in Mirae Asset Mutual Fund?The 3 top performing sectoral/thematic based funds for Mirae Asset Mutual Fund based on the descending order of returns are:
- NAV: Rs. 115.57 - Trailing Returns% (1/3/5 yr): 45.32% / 25.69% / 26.42% - Expense ratio: 0.41% - Asset Size: Rs. 4069.29 cr
- NAV: Rs. 42.21 - Trailing Returns% (1/3/5 yr): 52.14% / 19.94% / 33.02% - Expense ratio: 0.49% - Asset Size: Rs. 2560.38 cr
- NAV: Rs. 19.76 - Trailing Returns% (1/3/5 yr): 23.9% / 17.12% / NA - Expense ratio: 0.6% - Asset Size: Rs. 1835.17 cr
%% 16584 / mirae-asset-great-consumer-fund-direct-plan / Mirae Asset Great Consumer Fund Direct-Growth, 36382 / mirae-asset-healthcare-fund-direct-plan / Mirae Asset Healthcare Fund Direct - Growth and 41190 / mirae-asset-banking-and-financial-services-fund-direct-plan / Mirae Asset Banking and Financial Services Fund Direct - Growth - 5. Which Mirae Asset Mutual Fund is best for SIP in debt category?Mirae Asset Mutual Fund offers various subcategories under the debt category itself. Understanding a debt fund could be complex as there are several parameters that need to be looked at in conjunction with each other to determine the suitability of a debt fund in one’s portfolio. However, essentially, the best ways to select a debt fund for SIP are based upon:
i) Lending of upto 1 year
Mirae Asset Low Duration Fund Direct-Growth - Scheme rating: 3 star - NAV: Rs. 2298.98 - SIP Returns% (1 yr): 7.91% - Expense ratio: 0.26% - Asset Size: Rs. 1021.27 cr
Mirae Asset Ultra Short Duration Fund Direct - Growth - Scheme rating: 4 star - NAV: Rs. 1239.5 - SIP Returns% (1 yr): 7.59% - Expense ratio: 0.21% - Asset Size: Rs. 1443.97 cr
Mirae Asset Liquid Fund Direct- Growth - Scheme rating: 4 star - NAV: Rs. 2626.42 - SIP Returns% (1 yr): 7.15% - Expense ratio: 0.1% - Asset Size: Rs. 11964.74 cr
ii) Fund’s sensitivity to interest-rate movements
Mirae Asset Short Duration Fund Direct - Growth - Scheme rating: 3 star - NAV: Rs. 15.5 - SIP Returns% (1/3/5 yr): 8.66% / 7.5% / 6.96% - Expense ratio: 0.29% - Asset Size: Rs. 334.73 cr
iii) Credit Quality of a fund’s portfolio
Mirae Asset Banking and PSU Fund Direct - Growth - Scheme rating: 3 star - NAV: Rs. 12.35 - SIP Returns% (1/3/5 yr): 8.48% / 7.14% / NA - Expense ratio: 0.36% - Asset Size: Rs. 58.15 cr
%% 16599 / mirae-asset-low-duration-fund-direct-plan / Mirae Asset Low Duration Fund Direct-Growth, 41139 / mirae-asset-ultra-short-duration-fund-direct-plan / Mirae Asset Ultra Short Duration Fund Direct - Growth and 16554 / mirae-asset-liquid-fund-direct-plan / Mirae Asset Liquid Fund Direct- Growth, 35431 / mirae-asset-short-duration-fund-direct-plan / Mirae Asset Short Duration Fund Direct - Growth, 41030 / mirae-asset-banking-and-psu-fund-direct-plan / Mirae Asset Banking and PSU Fund Direct - Growth - 6. What are the NAVs of top schemes of Mirae Asset Mutual Fund?The NAVs of the top 3 schemes for Mirae Asset Mutual Fund:
i) Based on the descending order of returns:
Mirae Asset Great Consumer Fund Direct-Growth - NAV: Rs. 115.57 - Trailing Returns% (3 yr): 25.69%
Mirae Asset Midcap Fund Direct - Growth - NAV: Rs. 39.31 - Trailing Returns% (3 yr): 24.96%
Mirae Asset NYSE FANG+ ETF FoF Direct - Growth - NAV: Rs. 20.07 - Trailing Returns% (3 yr): 21.08%
ii) Based on the descending order of asset size:
Mirae Asset Large Cap Fund Direct- Growth - NAV: Rs. 125.05 - Asset Size: Rs. 41352.17 cr
Mirae Asset Large & Midcap Fund Direct-Growth - NAV: Rs. 170.8 - Asset Size: Rs. 39706.0 cr
Mirae Asset ELSS Tax Saver Fund Direct-Growth - NAV: Rs. 54.63 - Asset Size: Rs. 25617.49 cr
%% 16584 / mirae-asset-great-consumer-fund-direct-plan / Mirae Asset Great Consumer Fund Direct-Growth, 40048 / mirae-asset-midcap-fund-direct-plan / Mirae Asset Midcap Fund Direct - Growth and 41431 / mirae-asset-nyse-fang-etf-fof-direct-plan / Mirae Asset NYSE FANG+ ETF FoF Direct - Growth, 16575 / mirae-asset-large-cap-fund-direct-plan / Mirae Asset Large Cap Fund Direct- Growth, 16563 / mirae-asset-large-midcap-fund-direct-plan / Mirae Asset Large & Midcap Fund Direct-Growth and 31318 / mirae-asset-elss-tax-saver-fund-direct-plan / Mirae Asset ELSS Tax Saver Fund Direct-Growth - 7. What are the fees or charges of a Mirae Asset Mutual Fund?The fees or charges of a Mirae Asset Mutual Fund differ from fund to fund. Typically, such fees are expressed as a percentage of your overall investment which is usually called the expense ratio. Lower this ratio, the better it will be for an investor. The expense ratio of a Mirae Asset Mutual Fund is higher for an actively managed fund vis-a-vis an index tracking passively managed fund. An investor should also be wary of the plan option of a Mirae Asset Mutual Fund and invest in the Direct plan of a fund as a Regular plan has higher expense ratio due to the commission paid out to brokers/distributors.
Top 3 passive funds with the lowest expense ratio are:
Mirae Asset Nifty 50 ETF - Growth - NAV: Rs. 266.78 - Expense ratio: 0.04% - Asset Size: Rs. 2917.12 cr
Mirae Asset BSE Sensex ETF - Growth - NAV: Rs. 82.71 - Expense ratio: 0.04% - Asset Size: Rs. 16.05 cr
Mirae Asset Nifty Next 50 ETF - Growth - NAV: Rs. 762.92 - Expense ratio: 0.05% - Asset Size: Rs. 257.83 cr
Top 3 active equity funds with the lowest expense ratio are:
Mirae Asset Nifty 50 ETF - Growth - NAV: Rs. 266.78 - Expense ratio: 0.04% - Asset Size: Rs. 2917.12 cr
Mirae Asset Equity Allocator FoF Direct - Growth - NAV: Rs. 25.37 - Expense ratio: 0.04% - Asset Size: Rs. 855.21 cr
Mirae Asset BSE Sensex ETF - Growth - NAV: Rs. 82.71 - Expense ratio: 0.04% - Asset Size: Rs. 16.05 cr
Top 3 active debt funds with the lowest expense ratio are:
Mirae Asset Overnight Fund Direct - Growth - NAV: Rs. 1260.9 - Expense ratio: 0.07% - Asset Size: Rs. 1214.67 cr
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Direct - Growth - NAV: Rs. 11.8 - Expense ratio: 0.08% - Asset Size: Rs. 239.66 cr
Mirae Asset Liquid Fund Direct- Growth - NAV: Rs. 2626.42 - Expense ratio: 0.1% - Asset Size: Rs. 11964.74 cr
%% 38323 / mirae-asset-nifty-50-etf / Mirae Asset Nifty 50 ETF - Growth, 43803 / mirae-asset-bse-sensex-etf / Mirae Asset BSE Sensex ETF - Growth and 40538 / mirae-asset-nifty-next-50-etf / Mirae Asset Nifty Next 50 ETF - Growth, 38323 / mirae-asset-nifty-50-etf / Mirae Asset Nifty 50 ETF - Growth, 41121 / mirae-asset-equity-allocator-fof-direct-plan / Mirae Asset Equity Allocator FoF Direct - Growth and 43803 / mirae-asset-bse-sensex-etf / Mirae Asset BSE Sensex ETF - Growth, 40366 / mirae-asset-overnight-fund-direct-plan / Mirae Asset Overnight Fund Direct - Growth, 42697 / mirae-asset-crisil-ibx-gilt-index-april-2033-index-fund-direct-plan / Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Direct - Growth and 16554 / mirae-asset-liquid-fund-direct-plan / Mirae Asset Liquid Fund Direct- Growth - 8. What are the contact details of Mirae Asset Mutual Fund?The contact details of Mirae Asset Mutual Fund are as follows:
Head Office Address: Unit No.606 - 6th Floor, Windsor Building - Off. CST Road, Kalina, Santacruz (East), Mumbai-400098
Contact No: 022-67800301 / 1800-2090-777
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Mirae Asset Mutual Fund
This page shows all the Schemes of Mirae Asset Mutual Fund across Equity, Debt and Hybrid categories. Pertinent information on the Schemes like NAV, Expense Ratio, 1 Year Return, Assets under Management, Style Box and most importantly Scheme Ratings are shown in the page. Equity Style box shows Fund Valuation in the X axis and Market Capitalisation in the Y axis. Debt Funds Style Box shows Credit Quality in the X axis and Interest Rate Sensitivity in the Y axis. Ratings of a fund ranges from 1 star to 5 stars with 5 being the maximum. The quantitative measures is a composite score factoring both Return and Risk of a fund.