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Mirae Asset India Reviews

Mumbai, Maharashtra

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Mirae Asset India, operating primarily through entities like Mirae Asset Investment Managers (India) Private Limited and Mirae Asset Capital Markets (India) Private Limited, is a prominent financial services provider in India. It is a critical hub of the South Korean multinational financial conglomerate, Mirae Asset Financial Group, which was founded in 1997 by Hyeon Joo Park. The group established its asset management footprint in India with an initial seed capital of USD 50 million. Over the years, the firm has positioned itself as a rapid innovator, transitioning from a standalone asset management firm into a multi-platform financial institution encompassing mutual funds, exchange-traded funds (ETFs), retail broking, and institutional investment banking. The asset management division, Mirae Asset Investment Managers (India), is a major player in the Indian mutual fund industry, managing an extensive portfolio of equity, debt, and hybrid funds. As of April 2026, the company boasts an Asset Under Management (AUM) exceeding INR 229,930 crore, supported by a monthly SIP book of INR 891 crore and over 80 lakh investor folios. Recognized as one of India's leading providers of ETFs, the firm manages a substantial portion of the country's ETF offerings, many of which were pioneering, first-of-its-kind thematic funds in the domestic market. The company operates an extensive nationwide presence with 25 dedicated branches across major financial hubs, headquartered in Kalina, Santacruz East, Mumbai. In addition to asset management, the group has aggressively scaled its capital markets presence via Mirae Asset Capital Markets (India) Private Limited (MACM). Established in October 2017 and operating as a wholly owned subsidiary of Mirae Asset Securities (South Korea), MACM provides institutional and retail broking, margin trading facility (MTF) lending, research analysis, investment banking, and depository participant services. Capitalizing on India's booming retail investment ecosystem, MACM launched its proprietary discount broking platform, "m.Stock", in April 2022. Furthermore, following the acquisition of Sharekhan in 2024, the brand expanded into Mirae Asset Sharekhan, managing a full-service model with over 31 lakh clients, 120 branches, and a robust network of 4,400 business partners. Guided by its four core values—Clients First, Objectivity, Team Play, and Citizenship—Mirae Asset India emphasizes sustainable, human-centric capitalism. The firm utilizes advanced corporate social responsibility (CSR) programs focused on child financial education, environmental conservation, and local community funding in partnership with non-governmental organizations. Managed locally by prominent industry figures and overseen by a dedicated board of directors, Mirae Asset India continues to integrate next-generation financial technologies to deliver comprehensive wealth solutions for both institutional clients and retail investors across India.