Mirae Asset Investment Managers (India) Private Limited Mutual Funds Investments

About Mirae Asset Mutual Fund

Mirae Asset Global Investments is the asset management arm of Mirae Asset Financial Group. It was founded in 1997. Mirae Asset Financial Group has two other divisions. These are Mirae Asset Daewoo and Mirae Asset Life Insurance. These handle investment banking and life insurance.

With 15 offices across global markets, and $146 Bn assets under management, Mirae Asset Global Investments is a diversified asset manager. It provides innovative solutions with its products in more than 40+ countries with 185 professionals.

The Indian wing was launched in 2007. India alone has 19 schemes, 21 branches, with INR 44,373 crore AUM. It manages 24 lakh folios with a monthly SIP book of INR 543 crore. From January 1st, 2020, Mirae Asset Global Investments (India) Private Limited has transferred its asset management business. Mirae Asset Investment Managers (India) Private Limited now takes care of it.

They believe that their four core values are the ones that are helping them achieve excellence in investment management. It further allows them to help their clients to achieve their objectives. 

Their four core values are:

• Clients first: They believe that a client’s success is their success. This helps them build long-term relationships with their clients.
• Teamwork: Giving credit and respecting each individual by giving equal opportunity to all is what they believe. They believe this helps in keeping harmony among team members and makes teamwork easy.
• Objectivity: Assessing each investment opportunity objectively without partiality is what sets them apart. They believe in aligning their decisions with the client’s needs.
• Citizenship: Giving back to the society they live in is what they aim at. They believe in being responsible and good corporate citizens by actively participating in social initiatives.

With these core values, they are the fastest-growing AMC in India. In India, they offer a range of schemes for different investment objectives and different risk profiles.

A few of their equity funds are Mirae Asset Tax Saver Fund, Mirae Asset Emerging Bluechip Fund, Mirae Asset Large Cap Fund, Mirae Asset Midcap Fund.

A few of their debt funds are Mirae Asset Short Term Fund (short duration fund), Mirae Asset overnight fund, and Mirae Asset Dynamic Bond Fund.

How to Invest in Mirae Mutual Funds via Scripbox?

KYC Required to Invest in Mirae Mutual Fund via Scripbox

KYC stands for “Know Your Customer.” A client can be easily identified with KYC. SEBI has prescribed requirements for KYC. To invest in a SEBI registered mutual fund, an investor has to be KYC compliant. A KYC form will include investor information like identity, address, financial status, occupation, and demographic information.

Scripbox does KYC for the investors who don’t have one. The following are the KYC documents required by Resident Indians and PIO residing in India:

• Pan Card
• Address proof (Aadhar Card (Both Front & Back)/Driving License/Passport/Voter ID Card)
• Photograph
• Video Selfie: Record a video by facing the camera for 5 seconds.
• KYC Authorisation Letter. (Please write on a while plain sheet of paper that “I authorize Scripbox to do my mutual fund KYC” & sign below it)

At the time of the registration, the investor can upload the clear color scanned copies of the documents required. Alternatively, they could share the KYC documents at help@scripbox.com or Whatsapp it to us on +91-8884448026.

Top Fund Managers

Top Equity Fund Managers

Mr. Neelesh Surana

Mr. Surana is currently the Chief Investment Officer (CIO) of Equity at Mirae Asset Mutual Fund. He joined Mirae Asset in 2008. And ever since has played a vital role in its growth. Before becoming the CIO, he was Head of Equity at the fund house. He oversees equity research and investment. Also, he is responsible for liaising with global partners by providing them with research support for investments. He holds a Mechanical Engineering degree and an MBA in Finance. Before joining Mirae Asset MF, he was associated with ASK Investment Managers Ltd. The funds that he currently manages are Large Cap Fund, Emerging Blue Chip Fund, Tax Saver Fund, and Hybrid Equity Fund.

Mr. Gaurav Misra

Mr. Misra is currently the Senior Fund Manager of Equity at Mirae Asset India. He currently manages the Mirae Asset Focused Fund and Mirae Asset Large Cap fund. He has over 24 years of experience. His expertise is in investment management and equity research of Institutional and Private Equity. Before joining the fund house, he was associated with ASK Investment Managers Pvt. Ltd. for 14 years. He holds BA Economics (Hons.) degree from St. Stephen’s College, Delhi. He also has an MBA from IIM Lucknow.

Mr. Harshad Borawake

Mr. Borawake joined Mirae Mutual Fund in 2016 as Head of Research – Equity. With good experience in the research and investment process, his expertise is also in Financials, Oil & Gas, and the economy. Mr. Borawake has more than 15 years of professional experience. His expertise lies in industries such as Oil & Gas, Financials, Logistics, and Aviation. Before his employment with Mirae Asset India, he was the Research Vice President at Motilal Oswal Securities. He also worked as an Equity Research Analyst at Capmetrics & Risk Solutions. Mr. Borawake holds a B.E. degree in Polymers and an MBA degree in Finance. He currently manages the Large Cap fund and Equity Savings Fund (hybrid fund).

Mr. Ankit Jain

Mr. Jain joined Mirae Asset Mutual Fund in 2015 as an Equity Analyst. Currently, he is the Associate Fund Manager – Equity. He is responsible for providing support to the global mid cap mandates. Mr. Jain has more than eight years of experience in equity research and portfolio management. Before joining Mirae Mutual Fund, he was working with Equirius Securities Pvt Ltd. and Infosys Ltd. He holds a B.Tech degree in ICT. And an MBA degree in Finance. He currently manages Great Consumer Fund, Mid Cap Fund, and Emerging Bluechip Fund.

Mr. Vrijesh Kasera

Mr. Kasera is currently an Equity Research Analyst. He has over ten years of professional experience in Investment Analysis and Research. Before joining Mirae Asset MF, he was the Equity Research Analyst at Axis Capital Limited. Also, was associated with Edelweiss Broking Limited. He currently manages the Mirae asset healthcare fund and Mirae Asset Equity Savings Fund (hybrid fund). He holds a B.Com degree in Accounting and Finance from the H L Institute of Commerce, Ahmedabad. Also, an MBA degree in Finance from the Institute of Integrated Learning in Management, New Delhi.

Top Debt Fund Managers

Mr. Mahendra Jajoo

Mr. Jajoo is the Chief Investment Officer (CIO) of Fixed Income at Mirae Asset Mutual Fund. He manages fixed income assets across all products. He has over 25 years of experience in financial services. Also, has fourteen years of experience in Fixed Income fund management. Moreover, he supervises all Debt schemes at Mirae Asset India.

He currently manages Mirae Asset Cash Management Fund, Mirae Asset Short Term Fund (short duration fund), Mirae Asset Savings Fund  (low duration fund), Mirae Asset Dynamic Bond Fund, Mirae Asset Overnight Fund.

Before joining Mirae Mutual Fund, Mr. Jajoo was associated with Pramerica Asset Managers Pvt. Ltd. Also, he worked with ABN AMRO Asset Management Ltd, Tata Asset Management Ltd., and ICICI Group.

He is a registered Chartered Accountant from the Institute of Chartered Accountants of India. And also a Chartered Financial Analyst.

Mr. Abhishek Iyer

Mr. Iyer is a dealer of fixed income securities at Mirae AMC. He has over ten years of experience in the financial sector. Before joining Mirae AMC, he was associated with IDBI Asset Management Company Ltd. He also worked with India Infoline Asset Management Company Limited and L&T Asset Management Company Limited. He was also with Sahara Asset Management Company Limited as Fixed Income – Dealer.

Mr. Kunal Khudania

Mr. Khudania works with Mirae AMC as a credit analyst of fixed income securities. He performs credit analysis, investment analysis, and research of fixed income securities. Before joining Mirae AMC, Mr. Khudania has worked with Futures First Info Services Pvt. Ltd. He has over three years of experience in this industry. He is a CA by profession. Also, he graduated from Shri Ram College of Commerce, Delhi University.

Ms. Kruti Chheta

Ms. Chheta works as a fixed income analyst for Mirae AMC. She has over three years of experience in analyzing macroeconomic parameters. She is also well versed in portfolio analysis and writing research reports. At Mirae AMC, she provides research-based investment recommendations and oversees the fund’s fixed income portfolio. Also, she has a master’s degree from the University of Mumbai in Masters in Management (MMS).

Frequently Asked Questions