Friday, June 13, 2008

Mirae Asset mutual fund planning for nine equity products by March 2009

Mirae Asset mutual fund is planning to introduce nine equity products by March 2009. Out of nine products, four will be local products; another four will be international products and one hybrid product. In all, Mirae Asset has a total of 10 India dedicated funds with AUM of $ 3.5 billion. The fund house is planning to increase its AUM to $ 200 billion by 2013. Mirae Asset mutual fund is also planning to get its China and India dedicated funds to be registered in Luxembourg.

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