Meet the Fastest Growing AMC, Mirae Asset Mutual Fund

The year 2018 was a ‘black day’ in the history of mutual fund market. The year saw many investors facing heavy losses while the others were seen making redemption from the mutual funds. But the market volatility wasn’t a bad deal for all, especially for Mirae Asset Mutual Fund. The bearish market raised the AUM to Rs. 23,000 Crore making it the fastest growing AMCs in India.

The AMC witnessed a growth of 50% in the accumulated assets during the FY18. And, the Mirae Asset AMC looks in no mood to stop its successful journey as the management team of the fund house are eyeing to touch the AUM to Rs. 40,000 Crore. This write-up will sheds the light on the reasons behind the success.

Success Mantra of Mirae Asset Mutual Fund: “MIRAE”

Shakespeare said, “What’s there in a name?”, but if he would have been alive today he must have agreed that a name itself speaks a thousand words and the same is the case with Mirae Asset Mutual Fund. The reason behind the success of the fund house lies in the name itself. Let us see how:

M: Management Team- Mirae Asset AMC has a team of well-experienced fund managers having proficient knowledge of the mutual fund space. The highly-qualified brains sense the market volatility beforehand and then takes suitable action to dilute the affect.

I: Impeccable Investment Style- The foundation stone of Mirae Asset Mutual Fund is laid on the investment philosophy of ‘quality over quantity’. The schemes follows a focused perspective and targets good quality instruments only. This is the main reason due to which more and more investors are investing their money in the mutual funds of Mirae Asset.

R: Remarkable Success Rate- The past performance of the mutual funds of Mirae Asset MF has been amazing even during market downtrend. Mirae Asset Emerging Bluechip Fund, Mirae Asset Tax Saver Fund, Mirae Asset Large Cap Fund are some of the schemes which have set a new benchmark in the mutual fund industry on the basis of returns.

A: Abundant Schemes to Choose From- Mirae Asset provides a wide variety of schemes to meet the investors demand. According to the risk appetite, time horizon, and investment amount it offers many top performing schemes to the Indian investors. The fund house launched 3 new funds in 2018 namely, Mirae Asset Short Term Fund, Mirae Asset Equity Savings Fund, and Mirae Asset Healthcare Fund. Furthermore, the fund house recently launched its first ever focused fund with the name, Mirae Asset Focused Fund.

E: Excellent Portfolio Diversification- All the top ranked schemes of Mirae Asset Mutual Funds maintains a diversified portfolio and allocates the assets in the large number of top performing sectors of the Indian economy so that a loss, if any, generated by a particular sector can be cover up by the profit surged by the other sectors. For this, the fund house targets the sector having higher growth opportunity in the future. For instance, many schemes of Mirae Asset Mutual Funds are targeting Finance sector and have allocated high percentage of assets in the same as the sector is back on track.

Reading so far, you must have understood that Mirae Asset Mutual Fund is one of the top recommended asset management companies in India for mutual fund investment. Moreover, the above write-up is the work of market analysts of MySIPonline. However, if you want any suggestion in choosing the best scheme of Mirae Asset MF, then feel free to visit our website mysiponline and get connected to our experts. You can also call us on- 9660032889.