Mirae Asset's AUM crosses Rs 3000 crore
Mirae Asset Mutual Fund, has surpassed Rs 3000 crore of asset under management at the end of the month of July.
By ET Online |
MUMBAI: Mirae Asset Mutual Fund, has surpassed Rs 3000 crore of asset under management at the end of the month of July. The AUM has increased by over 120 per cent since March, 2008, when the AMC had launched its maiden funds in the equity and fixed income domains in India.
���Despite prevailing market conditions we have recorded substantial growth in our asset base. Our AUM growth is a clear reflection of the faith investors have reposed in us in a short span of time,��� said Arindam Ghosh, CEO, Mirae Asset Global Investment Management (India).
Ghosh claimed, ���Mirae Asset is the largest equity investor in emerging markets with an AUM of $54.64 billion (as on April 30) and is aggressively pursuing its global expansion plans.���
Mirae Asset currently offers ���Mirae Asset India Opportunities Fund���, an open ended equity oriented scheme. On the fixed income side, it manages ���Mirae Asset Liquid Plus Fund���, an open ended debt fund and ���Mirae Asset Liquid Fund���, an open ended liquid fund. It has recently concluded its new fund offering i.e. Mirae Asset Global Commodity Stocks Fund which was India���s first global commodity stocks fund.
Established in 1997, Korea based Mirae Asset Financial Group is a provider of financial services with business interests ranging from asset management, life insurance, securities & venture capital investments.
���Despite prevailing market conditions we have recorded substantial growth in our asset base. Our AUM growth is a clear reflection of the faith investors have reposed in us in a short span of time,��� said Arindam Ghosh, CEO, Mirae Asset Global Investment Management (India).
Ghosh claimed, ���Mirae Asset is the largest equity investor in emerging markets with an AUM of $54.64 billion (as on April 30) and is aggressively pursuing its global expansion plans.���
Mirae Asset currently offers ���Mirae Asset India Opportunities Fund���, an open ended equity oriented scheme. On the fixed income side, it manages ���Mirae Asset Liquid Plus Fund���, an open ended debt fund and ���Mirae Asset Liquid Fund���, an open ended liquid fund. It has recently concluded its new fund offering i.e. Mirae Asset Global Commodity Stocks Fund which was India���s first global commodity stocks fund.
Established in 1997, Korea based Mirae Asset Financial Group is a provider of financial services with business interests ranging from asset management, life insurance, securities & venture capital investments.
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