Ep18 Mirae's Magic: How a Korean Firm Conquered India's Mutual Fund Scene - In Bangla

Mirae Asset Financial Group, a South Korean giant, has done what many global financial firms couldn't in India. While big names like Goldman Sachs and JP Morgan exited the Indian market, Mirae thrived. Since entering in 2008, Mirae's Indian arm has skyrocketed, growing its assets 234 times to an impressive 1.6 lakh crore rupees by March 2024. Their success is rooted in patience, local market understanding, and a unique strategy of organic growth. This story reveals how Mirae outshined its competitors and became a top player in India's bustling mutual fund industry.
Important Disclaimer
Mutual Funds are subject to market risk. This story is only for academic purpose, and not an investment guidance. The author of this podcast has no stakes in the Mutual Fund House discussed in this story and this story is not a promotion. Anyone willing to invest in the discussed funds should do so based on their own risk appetite.
Source
Kalyanaraman, A. (2024, May 30). What Mirae did in India that Goldman Sachs, JP Morgan couldn’t. The Ken. the-ken.com/st...
Antony. (2016, April 13). Wall Street gives up on India mutual funds as JPMorgan joins exodus. Mint; mint. www.livemint.c...