NFO details: Mirae Asset Mutual Fund has introduced two new schemes: Mirae Asset Nifty India New Age Consumption ETF and Mirae Asset Nifty India New Age Consumption ETF Fund of Fund. These schemes aim to provide investors with an opportunity to capitalise on India’s changing consumption trends, influenced by evolving demographics and growing discretionary spending. … Read more
The top 10 mutual fund houses based on the total AUM account for around 78% of the total AUM. The total AUM of the mutual fund industry was Rs 54.02 lakh crore as of January 31, 2024, according to data by ACE MF. The other 34 mutual fund houses account for 22%. Here’s the list: … Read more
Mirae Asset Emerging Bluechip Fund that completed 10 years recently is one of the best schemes in the Indian mutual fund space. The best known large & mid cap scheme has given around 18% returns since inception. Shivani Bazaz of ETMuutalFunds.com spoke to Neelesh Surana, CIO, of Mirae Asset India, to find out how he … Read more