Mirae Asset Mutual Fund

Mirae Asset is a part of a global investment group headquartered in South Korea. It began its mutual funds business in India in 2008 and has served over 80 lakh customers since then. Today, the fund house offers schemes for different goals, from long-term equity investing to debt investments and passive funds. It also offers funds linked to international markets and specific factors.

Here’s a quick overview of the Mirae Asset AMC:

Data as of 30 September, 2026.

Mirae Asset’s investment philosophy believes in finding companies that have lasting strengths, but its shares should also be available at a reasonable price. The fund house looks at 3 things before investing: the business, the management, and its valuation. This is important because even a strong company can be a poor investment if its share price is too high.

Mirae Asset also follows a clear research process before investing. It studies company finances, talks to company management, and looks at industry trends. This helps it choose companies and spread investments across different areas to manage risk.

Mirae Asset offers mutual fund schemes across several categories. Its September factsheets for active and passive funds list 98 schemes, classified below:

The scale of Mirae Asset’s passive business is big. The total AUM of passive funds as of 31 August 2026 stood at ₹35,405 crore, which includes ETFs, domestic and international fund-of-funds, and index funds. Out of this, ETFs accounted for ₹25,756 crore, which is roughly 73% of its total passive funds AUM. ETFs account for the biggest share of its passive fund assets.

Mirae Asset AMC offers exposure to both the Indian and international markets. Along with its domestic equity funds, its passive range includes schemes linked to overseas markets such as the US and Hong Kong. For example, there are schemes like the NYSE FANG+ ETF, the S&P 500 Top 50 ETF, and the Hang Seng TECH ETF.

Mutual funds are regulated by the Securities and Exchange Board of India (SEBI). So, in general, the way mutual funds operate is safe. When you invest in a mutual fund scheme, the asset management company makes investment decisions. This can be different for each scheme, based on its objective and strategy.

The trustee checks whether the fund is managed in the interest of investors. Further, the custodian safeguards the securities held by the scheme. These investments are kept separate from the AMC’s own assets. To keep the whole process transparent, SEBI asks the fund houses to make regular disclosures and provide risk information through scheme documents.

However, even with these safeguards, the value of your investment can still fall if the overall market corrects. Since mutual funds are market-related products, they carry a general investment risk.

To review Mirae Asset Mutual Fund’s performance, here are some of the schemes that have beaten their respective category averages over the past 3 and 5 years.

Schemes that beat the 3-year category average

Schemes that beat the 5-year category average

Note: This is not an exhaustive list. Use it as part of your research, not as a promise of future returns. A fund’s past performance may not be repeated in the future. Along with returns, compare each scheme with its benchmark, risk level, costs, and investment strategy.

Before looking for the best Mirae Asset mutual funds, think about what you want to achieve with your investment. Start with:

• Your financial goal: There are different schemes for different types of financial goals. Your goal could be short-term vacation planning or long-term wealth building, or it could even be parking extra cash for a few weeks.
• Your risk appetite: A scheme’s risk profile changes based on what it is holding. So, assess your comfort level with risk before shortlisting the top Mirae Asset mutual funds.
• Your investment time frame: A scheme that may suit a long-term goal might not be appropriate if you need the money sooner. The scheme you invest in should match the investment horizon of your financial goal.

Once you have these aspects clear, choose a suitable category and compare schemes within it. Look at investment style, expense ratio, exit load, and performance. Don’t chase a scheme only because it delivered high returns in the past.

You can invest in Mirae Asset SIP plans or make a lump-sum payment through Millions within a few minutes. Simply download the Millions app from the iOS App Store or Google Play Store. Create a free account and follow these steps:

1. Open the app and go to the MF section.
2. Look up ‘Mirae Asset Mutual Funds’ using the search box.
3. Choose a scheme you want to explore.
4. Review its performance, NAV, holdings, AUM, ranking, AMC information, and scheme document for more details.
5. Once ready, tap ‘One-time’ for lumpsum or ‘SIP’ for regular investments.
6. Enter the amount. If you choose SIP, select the frequency and debit date.
7. Check the details and tap ‘Invest Now’.
8. Enter the OTP to authorise the payment.

You can start investing in Mirae Asset SIP plans on Millions with a minimum of ₹99. You may need at least ₹5,000 to make a lump-sum investment. However, this amount differs by scheme. Check the ‘Scheme Snapshot’ on Millions before investing.

Explore the SIP Calculator to estimate how your investment could grow based on the SIP amount, investment period, and expected return. Don’t take the calculator result as a guaranteed return. The actual returns can vary based on the costs. You can opt for Direct Plans over Regular Plans to save costs, as Direct Plans have a lower expense ratio. However, you should still prioritise checking a scheme’s risk and suitability before investing.