Mirae Asset Investment Managers (India) Pvt. Ltd., one of the fastest growing fund houses in India today announced that it is planning to offer its Global X ETF (owned by Mirae Asset Global Investments) products to Indian investors. Mirae Asset's total Global ETF AUM across 10 countries has crossed the Rs 6.3 trillion or approximately US$ 84 bn mark, making Mirae Asset the 14th largest ETF provider in the world. Mirae Asset India is planning to offer the Global X ETF to investors, adding to its innovative portfolio of ETF products that it has launched since its first ETF product in 2018.
The achievement illustrates the strides that Mirae Asset has taken globally with the launch of a slew of innovative products in thematic and overseas ETFs. In fact, the aggregate AUM of Mirae Asset Global ETFs is larger than all ETFs listed in Korea.**source : KRX, as on 31st Jan 2022
Mirae Asset India has been consistently launching innovative funds in India and was the first to offer ETFs based on Nifty 100 ESG Sector Leaders Index, Nifty Financial Services Index, Nifty Manufacturing Index, NYSE Fang+ Index and S&P 500 Top 50 Index in India. Mirae Asset India also endeavours that most of its ETFs are provided adequate liquidity for investors to trade. Using Global X‘s ETF products, Mirae Asset India aims to continue this journey forward to bring more Global Thematic offerings to Indian Investors. Global X has impressive line-up of products like Blockchain, Millennial, EV and so on.
“The rapid growth in Mirae Asset’s ETFs business globally, reaching the US$ 84 bn mark, is evidence of the innovation and choice that it offers to investors in multiple markets. In India, we look forward to leverage our global expertise in ETFs and launch many more innovative products for our Indian investors having underlying as Global X ETFs,” said Mr. Swarup Mohanty, Director & CEO, Mirae Asset Investment Managers (India) Pvt. Ltd.
With its proven record, Mirae Asset Group has emerged as a major global player in the ETF space and has several firsts to its credit which would have benefitted the investor community. With this, millions of investors in India can now avail Global X products through Mirae Asset Investment Managers (India) Pvt. Ltd.
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