
Mirae Asset Launches New Specialised Investment Fund
Mirae Asset AMC has gained approval from SEBI to launch a Specialised Investment Fund (SIF), marking its entry into a new investment category. This fund aims to provide investors with more flexibility and customization, filling the gap between mutual funds and portfolio management services. The first SIF will focus on equity and will be branded as Platinum by Mirae Asset Mutual Fund. With this step, Mirae Asset joins leading AMCs like Quant and Edelweiss in offering SIFs, while also planning to expand its presence in Gift City for mutual funds and ETFs.