/
•
•
Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The fund house’s equity focus has fetched it a place in the top 10 Indian AMCs. Will its neglect of debt hurt?
In December last year, Mirae Asset Investment Managers (India), the Indian mutual fund business of South Korea’s Mirae Asset Global Investment Holdings, broke into the ranks of the country’s top 10 mutual fund houses by assets under management, dislodging DSP Investment Managers.
With assets under management, or AUM, of Rs 1.15 lakh crore, Mirae is just Rs 2,100 crore short of ninth placed IDFC Mutual Fund. There is a high likelihood that in the next couple of months Mirae will dislodge IDFC Mutual Fund—which saw its AUM decline in 2022—and move up the pecking order.
This is no mean feat …
As growth in equities cools, asset managers are looking to embed themselves in payrolls, payments, and credit. This raises their influence, but also the stakes.
As retail interest in public issuances fades, mutual funds are filling the gap—funding promoter exits and delivering subpar returns to the very investors they represent.
2025 was a year of many contrasts for India’s stock market. The big hope for 2026 is of foreign investors coming back, as valuations temper and earnings growth picks up.
