Mirae Asset Mutual Fund

Investment Strategy

The AMC investing strategy revolves around assisting clients in achieving their long-term objectives. This involves a commitment to meticulous research, strategic asset allocation, and a focus on delivering consistent, competitive returns. Mirae Asset Global Investments to navigate global financial markets effectively, leveraging its expertise to create value for investors and contribute to their financial success over the long term.

Head of Equity & Debt Team (CIO)

Mr. Neelesh Surana (CIO of equity)

Mr Surana is the Chief Investment Officer (CIO) at Mirae Asset Investment Managers (India) Private Limited, he plays a pivotal role in driving the firm's investment strategies and managing the overall portfolio. Since joining Mirae Asset in 2008, his extensive experience and expertise have contributed significantly to the company's success.

Mr Mahendra Kumar Jajoo (CIO of debt)

Mr Jajoo has 30 years of experience and has given 15 years to managing Fixed Income funds. His extensive background positions him as a seasoned professional adept at navigating financial markets and optimizing fixed-income portfolios.

Key Fund Management Team

Top 5 Mirae Asset Mutual Funds

History of Mirae Asset Mutual Fund

Mirae Asset Global Investments Co., Ltd. a well-known in 1998 for launching the first Mutual Fund in Korea. Despite being established in 1997 during the challenges of the Asian financial crisis, their commitment and leading approach to consistent and steady returns, positioned Mirae Asset company as a leader in Korea's indirect investment market.

• It adopts a unique investing approach which sets it apart.
• This AMC has a wide range of varieties of fund schemes.
• Mirae Asset Mutual Fund believes in following strong work ethics.
• Mirae Asset’s funds are top-performing in their respective categories.

How to Select the Best Mirae Asset Mutual Fund?

The selection of the Best Mirae Asset Mutual Fund is of utmost importance. To make sure you choose the correct fit for investment here is a guide:

• Ensure your investment has a specific and achievable purpose. Identify your goals and plan accordingly.
• Understand that higher risk can lead to better results, it's crucial to determine risk tolerance.
• Divide your assets across various sectors to minimize risk and maximize potential returns.
• Before investing in a specific fund, thoroughly learn and study. Understand its patterns and working style.
• Keep a close eye on investments. Regularly monitor their performance and make adjustments as needed.
• Consider getting assistance from a professional, since mutual funds are influenced by market changes.
• Expert guidance can be valuable in navigating these market changes and adapting accordingly.

To set realistic goals in mutual funds, you can use the SIP Calculator to see annual returns and get guidance to make better financial decisions.

How to Invest in Mirae Asset Fund Schemes via MySIPonline?

Mysiponline makes it easy to invest in Best Mirae Asset Mutual Fund. Here's a short, detailed how-to:

• Visit mysiponline.com and select funds that match investing objectives.
• Register for a free account, add the fund of choice and complete profile.
• Complete the profile after registering and fill in the KYC details.
• It only takes a few minutes to complete the online KYC procedures.
• PAN, Aadhar card, signature, and bank proof are required documents.
• Look through and put the mutual funds you want to buy in your cart.
• Make payment to complete the investment and wait for confirmation.
• Easily monitor your investments with your mysiponline.com account.

Investing in mutual funds through Online SIP is easy. Managing and keeping track of your Mirae Asset MF investments is made simple with mysiponline, which simplifies the process of investing.

What is the Taxation on Mirae Asset Mutual Fund?

The taxation of Mirae Asset Mutual Funds depends on which category they fall under equity or debt.

Equity-Oriented Mutual Funds

• Short-term Capital Gains (STCG): Taxed at a flat rate of 15% if units are sold within one year of purchase.
• Long-term Capital Gains (LTCG): Gains exceeding RS1 lakh in a financial year are taxed at 10% without indexation if units are sold after one year.

Debt-Oriented Mutual Funds

• Short-term Capital Gains (STCG): Taxed according to the investor's income tax slab rate if units are sold within three years of purchase.
• Long-term Capital Gains (LTCG): Taxed at a rate of 20% with the benefit of indexation if units are sold after three years.