News for Mirae Asset Mutual Fund (MAFANG.BO)

Mirae Asset Large & Midcap Fund has delivered impressive long-term returns, multiplying a Rs 1 lakh lumpsum investment 15 times in 15 years. With a CAGR of 19.76% since inception, the fund suits investors seeking long-term capital growth through large- and mid-cap equity exposure.

The Rs 460-crore initial public offering (IPO) will open for subscription on July 23 and conclude on July 25

Mirae Asset Mutual Fund, with Rs 2.11 lakh crore AUM as of June 2025, held HDFC Bank as its top stock. Other key holdings included ICICI Bank, Axis Bank, Infosys, ITC, SBI, Bharti Airtel, TCS, and L&T, with minor portfolio weight changes.

The shares of Glenmark Pharmaceuticals surged 20% on Friday, July 11, to a days high of Rs 2,286 following a landmark $2 billion licensing deal with U.S. pharma giant AbbVie for its cancer drug, ISB 2001.

DSP Mutual Fund's Global Equity Fund lets Indian investors deploy as little as $5,000 in global stocks—bypassing Sebi caps and foreign platforms via a tax-efficient route anchored in GIFT City.

Biocon successfully closes ₹4,500 crore QIP, attracting top-tier investors and strengthening balance sheet for future growth.

Mirae Asset Mutual Fund has launched the Mirae Asset Nifty India Internet ETF, an open-ended scheme tracking the Nifty India Internet Total Return Index. The NFO opens on June 18 and closes on June 25, with continuous trading resuming on July 2. Thematic in nature, the ETF provides exposure to Indias expanding internet-driven business ecosystem through a diversified portfolio.

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Mirae Asset Mutual Fund obtained a 0.31% stake worth Rs 199.9 crore in Aditya Birla Capital Ltd. through open market transactions on Wednesday. Mirae Asset acquired 82.42 lakh shares at 242.65 apiece, as per BSE block deal data. Motilal Oswal Mutual Fund bought 82.42 lakh shares or a 0.31% stake and Goldman Sachs Funds - Goldman Sachs India Equity Portfolio mopped up 33.63 lakh shares or a 0.12% stake.

The fund house had an AUM of Rs 1.98 lakh crore and an equity AUM of Rs 1.64 lakh crore as on April 30, 2025. Here are the top 10 stock holdings of the fund house, according to a report by Motilal Oswal Financial Services. Mirae Asset Mutual Fund

Mutual funds' cash holdings rose by Rs 17,361 crore in April amid market volatility and slowing inflows. With valuations still elevated, fund houses prefer holding cash, focusing on large-caps, hybrid strategies, and selective deployment into small-cap opportunities.

Mirae Asset Mutual Fund has launched the Mirae Asset Nifty50 Equal Weight ETF, offering equal exposure to all Nifty 50 stocks. The NFO is open until May 6, with investments starting from Rs 5,000. Designed for broader diversification, the fund may outperform during broad-based rallies and suits investors seeking reduced concentration in top large-cap stocks.

The fund house had an AUM of Rs 1.86 lakh crore as on March 31, 2025 and manages 79 schemes. Here are the top 10 stock holdings, according to a report by Motilal Oswal Financial Services. Mirae Asset Mutual Fund

One 97 Communications Ltd. (Paytm) saw a significant rise in domestic institutional ownership in Q4 FY25, with mutual funds boosting their collective stake by 1.9% to 13.1%. Key players Nippon India and Motilal Oswal drove this increase. Paytm shares have fallen nearly 18% YTD.

Mutual funds held around 40 crore shares of Tata Motors in February 2025, with a market value of Rs 24,638 crore. Despite a 6% drop in the stock price following U.S. President Trump's tariff announcement, the stock rose nearly 9.66% in March. SBI Mutual Fund held the largest number of shares, around 10.23 crore, valued at Rs 6,349 crore.

The top three schemes in the list were from Mirae Asset Mutual Fund. The Mirae Asset Hang Seng TECH ETF FoF, Mirae Asset NYSE FANG+ETF FoF, and Mirae Asset S&P 500 Top 50 ETF FoF delivered returns of 88.82%, 37.16%, and 31.75%, respectively, during the specified period.

The financial year 2025 has been exceptional for mutual fund investors, with Mirae Asset Hang Seng TECH ETF FoF emerging as the top performer, delivering a 102.63% return. A monthly SIP of Rs 10,000 grew to Rs 1.84 lakh, while a lumpsum of Rs 1 lakh turned into Rs 2.02 lakh. The scheme's AUM surged by 42% from April 2024 to February 2025.

In FY25, around 36 equity mutual funds delivered double-digit returns, with Mirae Asset Hang Seng TECH ETF FoF leading at 102.58% return. Mirae Asset NYSE FANG+ETF FoF and Edelweiss Gr China Equity Off-Shore Fund also performed well, showing significant returns for investors.