Interested in financial products
CreditMantri
Processing

Credit Score powered by our Bureau Partners Equifax® | Crif

Credit card

Get your FREE Credit Score & Report in just 2 minutes

Mirae Asset Mutual Fund

Mirae Asset Mutual Fund was established in 2007 and is sponsored by Mirae Asset Global Investments Co. Limited, South Korea. The mutual products offered by Mirae Asset Mutual Fund includes Equity, Thematic, Hybrid, Fixed Income and Tax Saving. Different funds have different risk appetites suiting the palette of different types of investors. The details of the mutual fund have been outlined below.

Mirae Asset Mutual Fund

Equity Fund

Mirae Asset Midcap Fund

DescriptionAn open-ended equity scheme predominantly investing in mid cap stocks
ObjectiveProvide long-term capital appreciation from a portfolio investing predominantly in Indian equity and equity related securities of mid cap companies
Benchmark IndexNifty Midcap 100 Index (TRI)
Minimum Investment amount
  • Initial Investment – Rs. 5,000 per application
  • Additional Investment – Rs. 1,000 per application
Plans and OptionsRegular Plan and Direct Plan Growth option and Dividend option (Pay-out & Re-investment)
Exit Load
  • If redeemed within 1 year (365 days) from the date of allotment: 1%
  • If redeemed after 1 year (365 days) from the date of allotment: NIL
Level of RiskModerately high

Mirae Asset Focused Fund

DescriptionAn Open Ended Equity Scheme Investing In A Maximum Of 30 Stocks Intending To Focus In Large Cap, Mid Cap And Small Cap Category (I.E., Multi-Cap)
ObjectiveTo generate long term capital appreciation/income by investing in equity & equity related instruments of up to 30 companies.
Benchmark IndexNifty 200 Index (TRI)
Minimum Investment amount
  • Initial Investment – Rs. 5,000
  • Additional Investment – Rs. 1,000
Plans and Options
  • Regular Plan and Direct Plan
  • Growth option and Dividend option (Pay-out & Re-investment)
Exit Load
  • If redeemed within 1 year (365 days) from the date of allotment: 1%
  • If redeemed after 1 year (365 days) from the date of allotment: NIL
Level of RiskModerately high

Mirae Asset Large Cap Fund (erstwhile Mirae Asset India Equity Fund)

DescriptionMirae Asset Large Cap Fund is an open-ended equity scheme that predominantly invests across large cap stocks
ObjectiveThe investment objective of the scheme is to generate long term capital appreciation by capitalizing on potential investment opportunities by predominantly investing in equities of large cap companies
Benchmark IndexNifty 100 TRI
Minimum Investment amount
  • Initial Investment – Rs. 5,000
  • Additional Investment – Rs.1000
Plans and Options
  • Regular Plan and Direct Plan
  • Growth option and Dividend option (Pay-out & Re-investment)
Exit Load
  • I. For investors who have opted for SWP under the plan:
  • a) 15% of the units allotted (including Switch-in/STP - in) on or before completion of 365 days from the date of allotment of units: Nil.
  • b)Any redemption in excess of such limits in the first 365 days from the date of allotment shall be subject to the following exit load: (Redemption of units would be done on First In First Out Basis (FIFO):
  • If redeemed within 1 year (365 days) from the date of allotment: 1%.
  • If redeemed after 1 year (365 days) from the date of allotment: Nil.
  • II. Other Redemptions: For Investors who have not opted for
  • SWP under the plan (including Switch out, STP out):
  • If redeemed within 1 year (365 days) from the date of allotment: 1%.
  • If redeemed after 1 year (365 days) from the date of allotment: Nil
Level of RiskModerately high

Mirae Asset Emerging Bluechip Fund

DescriptionLarge & Mid Cap Fund - An open-ended equity scheme investing in both large cap and mid cap stocks
ObjectiveThe investment objective of the scheme is to generate income and capital appreciation from a portfolio primarily investing in Indian equities and equity related securities of large cap and mid cap companies at the time of investment.
Benchmark IndexNIFTY Large Midcap 250 Index
Minimum Investment amountTemporarily suspended through lumpsum amount SIP - Maximum of Rs. 25,000
Plans and OptionsRegular Plan and Direct Plan Growth option and Dividend option (Pay-out & Re-investment)
Exit Load
  • I. For investors who have opted for SWP under the plan:
  • a) 15% of the units allotted (including Switch-in/STP - in) on or before completion of 365 days from the date of allotment of units: Nil.
  • b)Any redemption in excess of such limits in the first 365 days from the date of allotment shall be subject to the following exit load: (Redemption of units would be done on First In First Out Basis (FIFO):
  • If redeemed within 1 year (365 days) from the date
  • of allotment: 1%.
  • If redeemed after 1 year (365 days) from the date
  • of allotment: Nil.
  • II. Other Redemptions: For Investors who have not opted for
  • SWP under the plan (including Switch out, STP out):
  • If redeemed within 1 year (365 days) from the date of allotment: 1%.
  • If redeemed after 1 year (365 days) from the date of allotment: Nil
Level of Risk

Mirae Asset Healthcare Fund

Description(Sectoral Fund - An open ended equity scheme investing in healthcare and allied sectors)
ObjectiveThe investment objective of the scheme is to seek to generate long term capital appreciation through investing in equity and equity related securities of companies benefiting directly or indirectly in Healthcare and allied sectors in India.
Benchmark IndexS&P BSE Healthcare Index (TRI)
Minimum Investment amount
  • Rs. 5,000 Systematic Investment Plan (SIP): Monthly/Quarterly of Rs.1000/- (in multiples of Re.1/- thereafter) Minimum 5 instalments
Plans and OptionsRegular Plan and Direct Plan Growth option and Dividend option (Pay-out & Re-investment)
Exit Load
  • I. For investors who have opted for SWP under the plan:
  • a) 15% of the units allotted (including Switch-in/STP - in) on or before completion of 365 days from the date of allotment of units: Nil.
  • b)Any redemption in excess of such limits in the first 365 days from the date of allotment shall be subject to the following exit load: (Redemption of units would be done on First In First Out Basis (FIFO):
  • If redeemed within 1 year (365 days) from the date
  • of allotment: 1%.
  • If redeemed after 1 year (365 days) from the date
  • of allotment: Nil.
  • II. Other Redemptions: For Investors who have not opted for
  • SWP under the plan (including Switch out, STP out):
  • If redeemed within 1 year (365 days) from the date of allotment: 1%.
Level of RiskHigh If redeemed after 1 year (365 days) from the date of allotment: Nil

Mirae Asset Great Consumer Fund

Description(Thematic Fund - An open-ended equity scheme following consumption theme)
ObjectiveThe investment objective of the scheme is to generate long term capital appreciation by investing in a portfolio of companies/ funds that are likely to benefit either directly or indirectly from consumption led demand in India.
Benchmark IndexNifty India Consumption (TRI)
Minimum Investment amount
  • Initial Investment - Rs. 5,000
  • Additional: Rs.1000
Plans and OptionsRegular Plan and Direct Plan Growth option and Dividend option (Pay-out & Re-investment)
Exit Load
  • I. For investors who have opted for SWP under the plan:
  • a) 15% of the units allotted (including Switch-in/STP - in) on or before completion of 365 days from the date of allotment of units: Nil.
  • b)Any redemption in excess of such limits in the first 365 days from the date of allotment shall be subject to the following exit load: (Redemption of units would be done on First In First Out Basis (FIFO):
  • If redeemed within 1 year (365 days) from the date
  • of allotment: 1%.
  • If redeemed after 1 year (365 days) from the date
  • of allotment: Nil.
  • II. Other Redemptions: For Investors who have not opted for
  • SWP under the plan (including Switch out, STP out):
  • If redeemed within 1 year (365 days) from the date of allotment: 1%.
  • If redeemed after 1 year (365 days) from the date of allotment: Nil
Level of RiskHigh

Mirae Asset Equity Savings Fund

Description(An open ended scheme investing in equity, arbitrage and debt)
ObjectiveThe investment objective of the scheme is to provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities, and investments in debt and money market instruments
Benchmark IndexNifty Equity Savings Index
Minimum Investment amountLump Sum: 5,000/- (multiples of Re. 1/- thereafter) SIP: Minimum 5 instalments monthly/ Quarterly of Rs.1000/- (in multiples of Re.1/- thereafter)
Plans and OptionsRegular Plan and Direct Plan Growth option and Dividend option (Pay-out & Re-investment)
Exit Load
  • I. For investors who have opted for SWP under the plan:
  • a) 15% of the units allotted (including Switch-in/STP - in) on or before completion of 365 days from the date of allotment of units: Nil.
  • b)Any redemption in excess of such limits in the first 365 days from the date of allotment shall be subject to the following exit load: (Redemption of units would be done on First In First Out Basis (FIFO):
  • If redeemed within 1 year (365 days) from the date
  • of allotment: 1%.
  • If redeemed after 1 year (365 days) from the date
  • of allotment: Nil.
  • II. Other Redemptions: For Investors who have not opted for
  • SWP under the plan (including Switch out, STP out):
  • If redeemed within 1 year (365 days) from the date of allotment: 1%.
  • If redeemed after 1 year (365 days) from the date of allotment: Nil
Level of RiskHigh

Mirae Asset Hybrid Equity Fund (erstwhile Mirae Asset Prudence Fund)

Description(Aggressive Hybrid Fund - An open-ended hybrid scheme investing predominantly in equity and equity related instruments)
ObjectiveThe investment objective of the Scheme is to generate capital appreciation along with current income from a combined portfolio of predominantly investing in equity & equity related instruments and balance in debt and money market instruments.
Benchmark IndexCRISIL Hybrid 35+65 Aggressive Index
Minimum Investment amountLump Sum: 5,000/- (multiples of Re. 1/- thereafter) SIP: Minimum 5 instalments monthly/ Quarterly of Rs.1000/- (in multiples of Re.1/- thereafter)
Plans and OptionsRegular Plan and Direct Plan Growth option and Dividend option (Pay-out & Re-investment)
Exit Load
  • I. For investors who have opted for SWP under the plan:
  • a) 15% of the units allotted (including Switch-in/STP - in) on or before completion of 365 days from the date of allotment of units: Nil.
  • b)Any redemption in excess of such limits in the first 365 days from the date of allotment shall be subject to the following exit load: (Redemption of units would be done on First In First Out Basis (FIFO):
  • If redeemed within 1 year (365 days) from the date
  • of allotment: 1%.
  • If redeemed after 1 year (365 days) from the date
  • of allotment: Nil.
  • II. Other Redemptions: For Investors who have not opted for
  • SWP under the plan (including Switch out, STP out):
  • If redeemed within 1 year (365 days) from the date of allotment: 1%.
  • If redeemed after 1 year (365 days) from the date of allotment: Nil
Level of RiskModerately High

Fixed Maturity Plan - Series III - 1122 Days

Description(A Close Ended Income Fund)
ObjectiveThe investment objective of the scheme is to generate income through investments in debt including money market instruments and government securities maturing on or before the date of maturity of the scheme.
Benchmark IndexCRISIL Composite Bond Fund Index
Minimum Investment amountInvestors can invest under the Scheme during the New Fund Offer period with a minimum Investment of Rs. 5,000/- and in multiples of Rs. 1/- Thereafter
Plans and Options
  • Regular Plan and Direct Plan
  • Growth option and Dividend option
Exit LoadNot Applicable (The units under the scheme cannot be directly redeemed prior to the maturity of the Scheme with the Mutual Funds as the units will be listed on the stock exchange If redeemed after 1 year (365 days) from the date of allotment: Nil
Level of RiskModerate

Mirae Asset Short Term Fund

DescriptionAn open-ended short-term debt scheme investing in instruments such that the Macaulay duration@ of the portfolio is between 1 year to 3 years
ObjectiveThe investment objective of the scheme is to seek to generate returns through an actively managed diversified portfolio of debt and money market instruments with Macaulay duration of the portfolio between 1 year to 3 years
Benchmark IndexCRISIL Short Term Bond Fund Index
Minimum Investment amountRs. 5,000/- and in multiples of Rs.1/- thereafter
Plans and OptionsRegular Plan and Direct Plan Growth option and Dividend option (Pay-out & Re-investment)
Exit Load
  • I. For investors who have opted for SWP under the plan:
  • a) 15% of the units allotted (including Switch-in/STP - in) on or before completion of 365 days from the date of allotment of units: Nil.
  • b)Any redemption in excess of such limits in the first 365 days from the date of allotment shall be subject to the following exit load: (Redemption of units would be done on First In First Out Basis (FIFO):
  • If redeemed within 1 year (365 days) from the date
  • of allotment: 1%.
  • If redeemed after 1 year (365 days) from the date
  • of allotment: Nil.
  • II. Other Redemptions: For Investors who have not opted for
  • SWP under the plan (including Switch out, STP out):
  • If redeemed within 1 year (365 days) from the date of allotment: 1%.
  • If redeemed after 1 year (365 days) from the date of allotment: Nil
Level of RiskModerately Low

Mirae Asset Dynamic Bond Fund

Description(Dynamic Bond Fund - An open-ended income scheme)
ObjectiveThe objective of the Scheme is to generate optimal returns through active management of a portfolio of debt and money market instruments.
Benchmark IndexCRISIL Composite Bond Fund Index
Minimum Investment amountRs. 5,000/- and in multiples of Rs.1/- thereafter SIP: Minimum 5 instalments monthly of Rs.1000/- (in multiples of Re.1/- thereafter).
Plans and OptionsRegular Plan and Direct Plan Growth option and Dividend option (Pay-out & Re-investment)
Level of RiskModerate

Mirae Asset Cash Management Fund

Description(Liquid Fund - An open ended liquid scheme)
ObjectiveThe investment objective of the scheme is to generate consistent returns with a high level of liquidity in a judicious portfolio mix comprising of money market and debt instruments
Benchmark IndexCRISIL Liquid Fund Index
Minimum Investment amountRs. 5,000/- and in multiples of Rs. 1/- thereafter.Minimum Additional Application Amount: Rs. 1,000/ per application and in multiples of Rs. 1/- thereafter
Plans and OptionsRegular Plan and Direct Plan Growth option and Dividend option (Pay-out & Re-investment)
Level of RiskLow

Mirae Asset Savings Fund

Description(Liquid Fund - An open ended liquid scheme)
Objective(Low Duration Fund - An Open ended low duration Debt Scheme investing in instruments with Macaulay duration of the portfolio between 6 months and 12 months)
Benchmark IndexCRISIL Low Duration Debt Index
Minimum Investment amountRs. 5,000/- and in multiples of Rs. 1/- thereafter. Minimum Additional Application Amount: Rs. 1,000/ per application and in multiples of Rs. 1/- thereafter.
Plans and OptionsRegular Plan and Direct Plan Growth option and Dividend option (Pay-out & Re-investment)
Level of RiskModerately Low

Mirae Asset Tax Saver Fund

Description(Liquid Fund - An open ended liquid scheme)
Objective(An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit)
Benchmark IndexNifty 200 (TRI)
Minimum Investment amountRs. 500/- (multiples of Rs.500/- thereafter) SIP: Minimum instalment of Rs.500/- (monthly / quarterly frequency) and in multiples of Rs.500/-thereafter
Plans and OptionsRegular Plan and Direct Plan Growth option and Dividend option (Pay-out)
Level of RiskModerately High

Mirae Asset Nifty 50 ETF (MAN50ETF)

Description(Liquid Fund - An open ended liquid scheme)
Objective(An open ended scheme replicating/tracking Nifty 50 Index)
Benchmark IndexNifty 50 TRI (Total Return Index)
Minimum Investment amountDuring NFO Period: Rs. 5,000 per application and in multiples of Re. 1 thereafter On an on-going Basis:Authorized Participants /Large Investors: Application for subscription of the Units in Creation Unit Size can be made either: In exchange of Cash*[as determined by the AMC equivalent to the cost incurred towards the purchase of predefined basket of securities that represent the underlying index (i.e. Portfolio Deposit)], Cash component and other applicable transaction charges; or in exchange of Portfolio Deposit [i.e. by depositing basket of securities constituting Nifty 50 Index] along with the cash component and applicable transaction charges.
Exit LoadFor Creation Unit Size: No Exit load will be levied on redemptions made by Authorized Participants / Large Investors directly with the Fund in Creation Unit Size. For other than Creation Unit Size: Not Applicable -The Units of MAN50ETF in other than Creation Unit Size cannot ordinarily be directly redeemed with the Fund. These Units can be redeemed (sold) on a continuous basis on the Exchange(s) where it is listed during the trading hours on all trading days.
Level of RiskModerately High

Documents required for investing in Mirae Asset Mutual Fund

  • Completed Application form
  • Self-attested PAN Card
  • Address Proof
  • Identity Proof
  • KYC Form
  • Cheque or DD

How to invest in Mirae Asset Mutual Fund?

There are multiple methods to invest in Mirae Asset Mutual Fund. The most convenient method is online. As a new investor, one needs to create an account with the mutual fund to be able to transact and invest money. This is a paper-free and hassle-free method of investing in Mutual Fund. Mirae Asset Mutual Fund has office branches across the country and can be easily accessed to make an investment. One can also purchase units of the fund through the distributors of Mirae Asset Mutual Fund.

1. What are the different types of funds available with Mirae Asset Mutual Fund?

Mirae Asset Mutual Fund offers Equity, Thematic, Hybrid, Fixed Income and Tax Saving funds to suit various investing appetites of the people.

2. Is it possible to invest online with Mirae Asset Mutual Fund?

Yes, as an existing customer or a new investor, one can invest online through the official website of Mirae Asset Mutual Fund.

3. What are the advantages of Mirae Asset Tax Saver Fund?

Mirae Asset Tax Saver Fund has the lowest lock-in period amongst all the Section 80C investment options and generates tax-free returns and dividends.

×Thank you! Your comment will be reviewed and posted shortly.
Apply for a Loan
Apply for a Loan
Mutual Funds

Aditya Birla Sun Life Dividend Yield Fund

Aditya Birla Sun Life Focused Equity Fund

Aditya Birla Sun Life Frontline Equity Fund

Aditya Birla Sun Life Manufacturing Equity Fund

Aditya Birla Sun Life MNC Fund

Aditya Birla Sun Life Mutual Funds

Advantages Of Mutual Funds

Axis Equity Funds

Axis Long Term Equity Fund

Axis Mutual Funds

Bank Of India Axa Mutual Funds

Baroda Pioneer Mutual Funds

Basics Of Mutual Funds

Best Mid Cap Mutual Funds

Best Performing Mutual Funds

BNP Paribas Mutual Funds

Canara Robeco Emerging Equities Fund

Canara Robeco Mutual Funds

Charges In Mutual Funds

Dsp Mutual Funds

Edelweiss Mutual Funds

Franklin Build India Fund

Franklin India Bluechip Fund

Franklin India Credit Risk Fund

Franklin India Equity Advantage Fund

Franklin India Equity Hybrid Fund

Franklin India Feeder Franklin Us Opportunities Fund

Franklin India Focused Equity Fund

Franklin India Low Duration Fund

Franklin India Prima Fund

Franklin India Smaller Companies Fund

Franklin Templeton Mutual Funds

HDFC Arbitrage Fund

HDFC Balanced Advantage Fund

HDFC Balanced Fund

HDFC Banking And Psu Debt Fund

HDFC Capital Builder Value Fund

HDFC Corporate Bond Fund

HDFC Credit Risk Debt Fund

HDFC Equity Fund

HDFC Long Term Advantage Fund

HDFC Mutual Funds

HDFC Top 100 Funds

How To Invest In Mutual Funds

HSBC Mutual Funds

ICICI Prudential Balanced Advantage Fund

ICICI Prudential Banking And Financial Services Fund

ICICI Prudential Child Care Plan

ICICI Prudential Dividend Yield Equity Fund

ICICI Prudential Dynamic Fund

ICICI Prudential Equity Arbitrage Fund

ICICI Prudential Export And Services Fund

ICICI Prudential Fmcg Fund

ICICI Prudential Fund

ICICI Prudential Infrastructure Fund

ICICI Prudential Midcap Fund

ICICI Prudential Select Large Cap Fund

Invesco Mutual Fund

L And T Mutual Fund

LIC Mutual Fund

Lock In Period Of Mutual Funds

Motilal Oswal Mutual Funds

Pgim India Mutual Funds

Principal Mutual Funds

Quantum Mutual Funds

Reliance Focused Equity Fund

Reliance Large Cap Fund

Reliance Mutual Fund

Returns In Mutual Funds

Sahara Mutual Fund

SBI Banking And Financial Services Fund

SBI Fmcg Fund

SBI It Fund

SBI Magnum Comma Fund

SBI Mutual Fund

SBI Psu Fund

Sundaram Mutual Funds

Tata Mutual Funds

Taurus Mutual Funds

Tax Saving Mutual Funds

Types Of Mutual Funds

Uti Mutual Funds

Valuation Of Mutual Funds

Load more

Download our App

Creditmantri

COMMUNITY

PRODUCTS

POPULAR SEARCH

RESOURCES

CALCULATORS

TOP SEARCH

Mastercard
Visa
Rupay
SafeKey
thawtr

CreditMantri ™ is a registered trademark of CreditMantri Finserve Private Limited. All Rights Reserved. Product name, logo, brands, and other trademarks featured or referred to within Credit Mantri are the property of their respective trademark holders.

Some of the information presented on this website has been collated from publicly available sources. CreditMantri shall not be in any manner whatsoever, be held responsible for any reliance on the same

CreditMantri was created to help you take charge of your credit health and help you make better borrowing decisions. We support customers with every kind of credit profile - those who are new to credit and have a minimal or nonexistent record; those who have a problematic history; and those who already enjoy a healthy profile. If you are looking for credit, we will make sure you find it, and ensure that it is the best possible match for you. How do we help you? We enable you to obtain your credit score instantly, online, real time. We get your Credit Score online and provide a free Credit Health Analysis of your Equifax report. Based on the analysis, we help you discover loans and credit cards best suited for your credit profile. We help you understand your Credit Profile, Credit Information Report (CIR) and know where you stand. We are a one-stop shop for all your credit needs. We make it easy for you to browse through and compare the various financial products on offer on the market; access our free and user-friendly online tools; and finally, enjoy a stress-free application process with quick approvals. We ensure that you have a better shot at getting an approval for a loan or credit card you apply since we match the lender’s criteria to your credit profile. We help you avoid loan rejection by carefully determining your eligibility and matching you with the right lender/product. We achieve this with a cutting edge combination of data science and technology that ensures that both lenders and borrowers have a transparent common platform to make their decisions. We treat your data with the utmost confidentiality and will never share or sell it to anyone. That is our CreditMantri guarantee. Our dedicated and best-in-class customer service will go the extra mile (or two) to support you on every step of your credit journey. Our 21 Million happy customers are our best testimonial.

CreditMantri is India’s No. 1 site for Credit Analysis and Free Credit Score Online. Let us help you take control of your credit goals and unlock the door to your financial freedom.

Corporate Agent (Composite)

CreditMantri Finserv Private Limited

CIN No

U72100TN2012PTC085154

IRDAI Registration Number

CA0665

Valid Till

01-Aug-2025

ADDRESS

CreditMantri Finserve Private Limited Unit No. B2, No 769, Phase-1, Lower Ground Floor, Spencer Plaza, Anna Salai, Chennai - 600002

Copyright © 2024 CreditMantri