Mirae Asset Mutual Fund launches India's first multi-factor ETF. Details here (2024)

FAQs

Is Mirae asset real or fake? ›

We would like to inform the public in general that Mirae Asset Mutual Fund and Mirae Asset Investment Managers (India) Private Limited are in no way associated with this fake group / communication channel and shall not be held liable for any losses whatsoever; and we condemn this act of defrauding investors.

Mirae Asset Financial Group (Korean: 미래에셋금융그룹) is a South Korean multinational financial services company headquartered in Seoul, South Korea. Mirae Asset provides comprehensive financial services including asset management, wealth management, investment banking, and life insurance.

ETFs and mutual funds offer much-needed diversification as they invest in a basket of securities of different companies. While ETFs give you diversification by investing in a range of securities of the index it's tracking, mutual funds offer the same by investing your money in different stocks.

Should You Invest In Mirae Asset Tax Saver Fund? If you are an investor in this fund, we suggest you monitor this fund actively. Even though the fund has underperformed the category in the last two years, the underperformance has not been significant. Further, in 2021, the fund did not underperform its benchmark.

Park Hyeon-joo (born 17 October 1958) is a South Korean billionaire business magnate and representative investment strategist. He is the founder of Mirae Asset Financial Group, which consists of asset management, investment banking, stock brokerage, life insurance, venture capital, and other financial services.

Mirae Asset Financial Group has an employee rating of 3.8 out of 5 stars, based on 103 company reviews on Glassdoor which indicates that most employees have a good working experience there.

Hyeon Joo Park is the founder and Global Strategy Officer (GSO) of the Mirae Asset Financial Group.

Mirae (Korean: 미래소년; stylized in all caps), is a South Korean boy band formed in 2021 under DSP Media.

How to invest in India from the USA? ›

To invest in shares of India's listed companies, foreign investors have to use the foreign portfolio investment (FPI) route. Investors, whether individuals or firms, need to be registered with country's markets regulator and adhere to its disclosure requirements. Most of the 10,800 FPIs are funds.

Profits from ETF holdings of over 3 years are categorised as long-term capital gains. The ETF tax rate for these gains is 20% (with the benefit of indexation). The profits, if any, from these ETFs are always considered to be short-term capital gains. They are taxed at the applicable income tax slab rate.

Investors can invest in Index Funds through the SIPs lock-in period or until the child turns 18. These have lower expense ratios than Index Funds. These have higher expense ratios than ETFs. In comparison to Index Funds, ETFs provide flexible trading options.

Mirae Asset Financial Group has an employee rating of 3.8 out of 5 stars, based on 103 company reviews on Glassdoor which indicates that most employees have a good working experience there.

Fund Performance: The Mirae Asset Large & Midcap Fund has given 18.85% annualized returns in the past three years and 21.58% in the last 5 years. The Mirae Asset Large & Midcap Fund comes under the Equity category of Mirae Asset Mutual Funds.

The Mutual Fund was registered with SEBI on November 30, 2007 vide Registration No. MF/055/07/03. B. THE SPONSOR Mirae Asset Mutual Fund is sponsored by Mirae Asset Global Investments Co.