Mirae's asset base crosses Rs 10,000 crore

Jul 06, 2017
 

Mirae Asset MF has crossed Rs 10,000 crore AUM in a span of nine years. Its assets have grown close to 50% in this calendar year and its AUM has shot up from Rs 3,440 crore in March 2016 to Rs 10,000 crore in July 2017.

The fund house witnessed a significant surge in folios. It has an investor base of five lakh with close to 2.5 lakh SIP folios. Its SIP book has also grown from Rs 29 crore in March16 to Rs 115 crore in May 17.

The fund house currently manages five equity funds, three debt funds and one fund of fund.

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