Fund manager · Mirae

Harshad Borawake

Head of Research and Fund Manager at Mirae. Runs 4 schemes worth ₹16,950 Cr.

Fund house
MiraeThey run their schemes at Mirae.
AUM they run
₹16,950 CrThe AUM of the schemes they run, as main or co-manager, at the latest month's end, as AMFI reports it. A scheme two people run counts for both.
Schemes
4 now · 1 beforeSchemes they run now, as main or co-manager, and ones they ran before, since Aug 2024.
Experience
22 yearsMr. Borawake has professional experience of more than 22 years and his primary responsibility includes Investment Analysis & Research. Prior to this assignment, he was associated with Motilal Oswal Securities as Vice President (Research). He has also been associated with Capmetrics & Risk Solutions as Research Analyst - Equity.

Profile^{(Mirae's SAI, 31 Aug 2026)}

About

Role: Head of Research and Fund Manager
Studied: MBA (Finance), B.E. (Polymers)
Age: 46 years
Experience: Mr. Borawake has professional experience of more than 22 years and his primary responsibility includes Investment Analysis & Research. Prior to this assignment, he was associated with Motilal Oswal Securities as Vice President (Research). He has also been associated with Capmetrics & Risk Solutions as Research Analyst - Equity.

Schemes now4

Mirae Asset Aggressive Hybrid Fund₹9,239 Cr
Mirae Asset Multi Asset Allocation Fund₹3,607 Cr
Mirae Asset Balanced Advantage Fund₹2,109 Cr
Mirae Asset Equity Savings Fund₹1,994 Cr

AUM they run^{(Dec 2019 – Sept 2026)}

AUM at month end each month, and its change on the month before
12 months	₹ Cr	Change
Sept 2026	16,950	−3.1%
Aug 2026	17,496	+1.1%
Jul 2026	17,302	+1.7%
Jun 2026	17,017	+1.7%
May 2026	16,733	+0.3%
Apr 2026	16,691	+7.5%
Mar 2026	15,527	−6.7%
Feb 2026	16,651	+1.9%
Jan 2026	16,335	+0.6%
Dec 2025	16,239	+2.1%
Nov 2025	15,909	+1.6%
Oct 2025	15,653	+3.6%

AUM at month end, Sept 2026

₹16,950

+8.3% since Oct 2025

Fig. 1.The AUM of the schemes Harshad Borawake ran at each month's end, each only in the months they ran it, ₹ crore. A scheme two people run counts in full for both. Source: AMFI.

Schemes over time^{(Oct 2019 – now)}

Mirae2020202120222023202420252026

Fig. 1.The schemes they ran when, the oldest first: each from the date its fund house gives, or the first document listing them where it gives none, to when they left, coloured by fund house.

Schemes^{(Oct 2019 – now)}

Mirae

4 now · since Oct 2019

Mirae Asset Aggressive Hybrid Fund
Fund managerApr 2020—6y 7m₹9,239 CrAggressive HybridTER 0.63%
Mirae Asset Balanced Advantage Fund
Fund manager, equityNov 2022—4y₹2,109 CrBalanced AdvantageTER 0.98%

Source.Each scheme's Scheme Summary Document at AMFI and its filings at NSE.

Performance^{(5 schemes)}

Growth · Direct plans

Return as manager: +11.85%
Beat peers: 4 of 4
vs peers: +1.16 pt
Longest run: 7.0 years
Beat benchmark: Upcoming

Each scheme Harshad Borawake ran, against its peers and benchmark over the same months. Source: AMFI. Click a column's header to sort by it.

Mirae Asset Equity Savings Fund	Oct '19–now · 7.0y	+11.31%	+8.80%	+2.51 pt	–	–
Mirae Asset Aggressive Hybrid Fund	Apr '20–now · 6.5y	+17.80%	+16.67%	+1.13 pt	–	–
Mirae Asset Balanced Advantage Fund	Nov '22–now · 3.9y	+10.50%	+9.30%	+1.20 pt	–	–
Mirae Asset Multi Asset Allocation Fund	Feb '24–now · 2.7y	+12.39%	+12.13%	+0.26 pt	–	–
Mirae Asset Banking and Financial Services Fund	Jun '25–Sep '25 · 0.3y	−0.93%	+1.72%	−2.64 pt	–	–

Fig. 1.Each scheme Harshad Borawake ran, against its peers and benchmark over the same months. Source: AMFI.

Works with^{(5 now)}

Basant BafnaAggressive Hybrid Fund · Multi Asset Allocation Fund · Balanced Advantage Fund · Equity Savings Fund4 schemes
Vrijesh KaseraAggressive Hybrid Fund · Equity Savings Fund2 schemes
Bharti SawantEquity Savings Fund1 scheme
Ritesh PatelMulti Asset Allocation Fund1 scheme
Siddharth SrivastavaMulti Asset Allocation Fund1 scheme