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Which Scheme is Best Under Mirae Asset Mutual Fund?

Mirae Asset Mutual Fund is one of India’s most rapidly expanding asset management firms, which lists a number of schemes under it

Mirae Asset Mutual Fund is rated as India’s fastest growing asset management firm. The fund has gained major prominence when it comes to performing, which has drawn many investors towards it. It is managed by Mirae Asset Investment Managers (India) Private Limited, which is a diversified asset manager that offers vast solutions to customers. The company was created in Asia and presently has presence across 15 countries. The firm manages more than Rs.82,000 crore in assets, having 59 schemes operating under it. One gets a wide selection of mutual fund schemes in the equities, debt as well as balanced categories.

Here are some of the popular Mirae Asset Mutual Funds which have performed well in the past and bear potential.

Mirae Asset Emerging Bluechip Fund Direct-Growth:

This scheme requires a minimum SIP investment of Rs 1,000 with an expense ratio of 0.72 percent. Mirae Asset Emerging Bluechip Fund Direct-Growth plan have returns of 66.61 percent in the past year, with around 22.62 percent in the last three years, and 25.0 percent since it was introduced (year)

Mirae Asset Tax Saver Fund Direct-Growth:

This scheme requires a minimum SIP investment of Rs 500. Mirae Asset Tax Saver Fund Direct-Growth scheme was launched on December 28, 2015, and has an AUM of 7,939.53 crores. It has managed to return 67.91 percent in the last year, 21.71 percent in the last three years, and 22.21 percent since its inception.

Mirae Asset Hybrid Equity Fund Direct-Growth:

This scheme requires a minimum SIP investment of Rs 500. Mirae Asset Hybrid Equity Fund has achieved average annual returns of 14.56 percent since its debut. It has given a return of 42.22 percent in the past year and has an expense ratio of 0.38 percent.

Mirae Asset Great Consumer Fund Direct-Growth:

The minimum SIP amount for this scheme is Rs1,000. Mirae Asset Great Consumer Fund Direct-Growth strategy returned 52.05 percent in the last year, 15.73 percent in the last three years, and 17.8% percent since its inception. The scheme aims at achieving long-term capital appreciation.