Fundalysisby DARKHORSESTOCKS

Fund house

Mirae

Its schemes hold 932 companies worth ₹1,87,104 Cr in Sept 2026.

  • AUM

    ₹2,40,639 CrMirae's AUM averaged over Aug 2026, as AMFI reports it. Up 3.8% on Jul 2026, ₹2,31,909 Cr.

  • Largest holding

    HDFC BankHDFC Bank is 4.6% of Mirae's AUM.

  • Largest sector

    BanksCompanies in Banks make up 15.0% of Mirae's AUM.

  • Top 10 holdings

    22.4% of AUMThe 10 largest holdings together make up 22.4% of Mirae's AUM.

AUM(Mar 2014 – Aug 2026)

Average AUM each month, and its change on the month before
12 months₹ CrChange
Aug 20262,40,639+3.8%
Jul 20262,31,909+2.1%
Jun 20262,27,147+0.8%
May 20262,25,239+1.2%
Apr 20262,22,462+3.6%
Mar 20262,14,699−4.8%
Feb 20262,25,534+0.6%
Jan 20262,24,235−2.2%
Dec 20252,29,268+2.2%
Nov 20252,24,397+3.2%
Oct 20252,17,424+2.7%
Sept 20252,11,621+1.0%
Average AUM, Aug 2026
₹2,40,639 Cr
+13.7% since Sept 2025
Fig. 1.Mirae's average AUM each month since Mar 2014, ₹ crore. Source: AMFI.

Asset classes(Aug 2026)

Average AUM by asset class in Aug 2026, ₹ crore, and each one's share of the total
9 classes₹ CrShare
Equity1,64,79468.5%
Liquid21,9169.1%
ETFs21,3708.9%
Hybrid21,3478.9%
Debt4,9452.1%
Gold ETFs3,4541.4%
Silver ETFs1,1920.5%
Index funds1,0830.5%
Overseas FoFs5390.2%
Domestic FoFs7,913
Average AUM, Aug 2026
Fig. 2.Average AUM by asset class, as AMFI classes it since SEBI's Aug 2026 categories. Source: AMFI.

States(Aug 2026)

Average AUM by state in Aug 2026, ₹ crore, its share of the total and its change over the year
36 states₹ CrShare
Maharashtra92.3K38.4%
Delhi34K14.1%
Karnataka18.7K7.8%
Gujarat16.9K7.0%
West Bengal10.7K4.4%
Tamil Nadu10.2K4.2%
Uttar Pradesh9.03K3.8%
Telangana7.2K3.0%
Rajasthan6.14K2.6%
Madhya Pradesh3.47K1.4%
Odisha2.64K1.1%
Punjab2.45K1.0%
Andhra Pradesh2.27K0.9%
Kerala2.24K0.9%
Haryana2.12K0.9%
Bihar2.12K0.9%
Jharkhand1.79K0.7%
Uttarakhand1.14K0.5%
Chhattisgarh1.08K0.4%
Chandigarh8660.4%
Goa7680.3%
Assam6860.3%
Himachal Pradesh5000.2%
Jammu & Kashmir2540.1%
Puducherry158<0.1%
Dadra & Nagar Haveli and Daman & Diu91<0.1%
Tripura56.9<0.1%
Meghalaya43.4<0.1%
Manipur30.7<0.1%
Sikkim25.5<0.1%
Arunachal Pradesh18.4<0.1%
Nagaland14.8<0.1%
Andaman & Nicobar10.5<0.1%
Mizoram4.92<0.1%
Ladakh2.37<0.1%
Lakshadweep0.54<0.1%
Others10.6K4.4%
All states and union territories, Aug 2026
₹2,30,022 Cr
36 states and union territories
92.32929232.92K9.23K29.2K

Average AUM, ₹ crore

Fig. 3.Mirae's average AUM by the state its investors live in, and its change over the year. Source: AMFI.

Market share(Mar 2014 – Aug 2026)

Share of industry AUM each month, and its change on the month before
12 monthsShareChange
Aug 20262.73%+0.04 pt
Jul 20262.69%−0.01 pt
Jun 20262.70%0.00 pt
May 20262.70%−0.02 pt
Apr 20262.71%+0.01 pt
Mar 20262.70%0.00 pt
Feb 20262.70%−0.03 pt
Jan 20262.73%−0.06 pt
Dec 20252.80%+0.04 pt
Nov 20252.76%+0.03 pt
Oct 20252.72%0.00 pt
Sept 20252.72%−0.01 pt
Share of industry AUM, Aug 2026
2.73%
0.00 pt since Sept 2025
Fig. 4.Mirae's average AUM as a share of every fund house's, each month since Mar 2014; changes in points. Source: AMFI.