Fund manager · Mirae

Ritesh Patel

Commodit y Analyst and Fund Manager at Mirae. Runs 29 schemes worth ₹14,326 Cr.

Fund house
MiraeThey run their schemes at Mirae.
AUM they run
₹14,326 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
29 now · 5 beforeSchemes they run now, as main or co-manager, and ones they ran before, since Aug 2024.
Experience
14 yearsMr. Ritesh Patel has over 14 years of experience in the field of Commodities Market. Prior to this assignment, Mr. Patel has worked as Aditya Birla Money Ltd, IIFL Securities, Ventura Securities and choice broking Pvt. Ltd.

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

About

Role: Commodit y Analyst and Fund Manager
Studied: Bachelors in Financial Market, CMT L-2 Candidate
Age: 35 years
Experience: Mr. Ritesh Patel has over 14 years of experience in the field of Commodities Market. Prior to this assignment, Mr. Patel has worked as Aditya Birla Money Ltd, IIFL Securities, Ventura Securities and choice broking Pvt. Ltd.

Schemes now29

Mirae Asset Multi Asset Allocation Fund₹3,607 Cr
Mirae Asset Gold ETF₹3,470 Cr
Mirae Asset Nifty Midcap 150 ETF₹1,818 Cr
Mirae Asset Gold Silver Passive FoF₹1,437 Cr
Mirae Asset Silver ETF₹1,173 Cr
Mirae Asset Gold ETF Fund of Fund₹628 Cr
and 23 more, all below

AUM they run^{(Feb 2024 – Sept 2026)}

AUM at month end each month, and its change on the month before
12 months	₹ Cr	Change
Sept 2026	13,414	−2.4%
Aug 2026	13,751	+7.0%
Jul 2026	12,852	+2.2%
Jun 2026	12,579	−2.5%
May 2026	12,896	+5.3%
Apr 2026	12,244	+7.7%
Mar 2026	11,368	−4.9%
Feb 2026	11,954	−0.1%
Jan 2026	11,960	+28.2%
Dec 2025	9,332	+14.6%
Nov 2025	8,143	+6.9%
Oct 2025	7,615	+14.1%

AUM at month end, Sept 2026

₹13,414

+76.2% since Oct 2025

Fig. 1.The AUM of the schemes Ritesh Patel 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^{(Feb 2023 – now)}

Mirae202420252026

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^{(Feb 2023 – now)}

Mirae

29 now · since Feb 2023

Mirae Asset Multi Asset Allocation Fund
Fund managerJan 2024—2y 10m₹3,607 CrMulti Asset AllocationTER 0.64%

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

Performance^{(34 schemes)}

Growth · Direct plans, Regular before 2013

Return as manager: +9.01%
Beat peers: 11 of 17
vs peers: +0.56 pt
Longest run: 3.6 years
Beat benchmark: Upcoming

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

Mirae Asset Gold ETF	Feb '23–now · 3.6y	+29.18%	+29.11%	+0.07 pt	–	–
Mirae Asset Silver ETF	Jun '23–now · 3.3y	+37.60%	+3.41%	+34.19 pt	–	–
Mirae Asset Multi Asset Allocation Fund	Feb '24–now · 2.7y	+12.39%	+12.13%	+0.26 pt	–	–
Mirae Asset Nifty LargeMidcap 250 Index Fund	Oct '24–now · 2.0y	+0.12%	+2.49%	−2.37 pt	–	–
Mirae Asset Gold ETF Fund of Fund	Oct '24–now · 2.0y	+36.76%	+6.70%	+30.07 pt	–	–
Mirae Asset Nifty 50 ETF	Mar '25–now · 1.6y	+1.83%	+5.62%	−3.79 pt	–	–
Mirae Asset Nifty Bank ETF	Mar '25–now · 1.6y	+9.01%	+5.31%	+3.70 pt	–	–
Mirae Asset Nifty IT ETF	Mar '25–now · 1.6y	−13.97%	+5.62%	−19.59 pt	–	–
Mirae Asset Nifty500 Multicap 50 25 25 ETF	Mar '25–now · 1.6y	+9.36%	+5.31%	+4.05 pt	–	–
Mirae Asset Nifty Financial Services ETF	Mar '25–now · 1.6y	+5.86%	+5.31%	+0.56 pt	–	–
Mirae Asset Nifty Next 50 ETF	Mar '25–now · 1.6y	+12.75%	+5.31%	+7.45 pt	–	–
Mirae Asset Nifty Total Market Index Fund	Mar '25–now · 1.6y	+7.39%	+6.72%	+0.68 pt	–	–
Mirae Asset Nifty Midcap 150 ETF	Mar '25–now · 1.6y	+13.56%	+5.31%	+8.25 pt	–	–
Mirae Asset Nifty 50 Index Fund	Mar '25–now · 1.6y	+1.62%	+6.72%	−5.10 pt	–	–
Mirae Asset BSE Sensex ETF	Mar '25–now · 1.6y	+0.04%	+5.62%	−5.57 pt	–	–
Mirae Asset Multi Factor Passive FoF	Sep '25–Oct '26 · 1.1y	+1.17%	+5.80%	−4.64 pt	–	–
Mirae Asset Gold Silver Passive FoF	Sep '25–now · 1.1y	+50.32%	+5.72%	+44.60 pt	–	–
Mirae Asset Nifty Smallcap 250 ETF	Nov '25–now · 0.9y	+4.79%	−5.60%	+10.39 pt	–	–
Mirae Asset Nifty Top 20 Equal Weight ETF	Dec '25–Oct '26 · 0.8y	−13.79%	−5.54%	−8.25 pt	–	–
Mirae Asset Nifty 500 Healthcare ETF	Feb '26–Oct '26 · 0.6y	+14.24%	−8.78%	+23.02 pt	–	–
Mirae Asset Nifty India Infrastructure Logistics ETF	Feb '26–Mar '26 · 0.0y	+0.54%	−0.13%	+0.67 pt	–	–
Mirae Asset Silver ETF FoF	Mar '26–now · 0.6y	−5.72%	+2.98%	−8.70 pt	–	–
Mirae Asset BSE Midcap 150 Momentum 30 ETF FoF	Jul '26–now · 0.2y	+0.31%	−0.74%	+1.05 pt	–	–
Mirae Asset BSE Information Technology Index Fund	Sep '26–Oct '26 · 0.0y	+0.68%	−1.46%	+2.14 pt	–	–
Mirae Asset Nifty Metal ETF FoF	Oct '26–now · 0.0y	−4.04%	−0.02%	−4.02 pt	–	–
Mirae Asset BSE Midcap 150 Momentum 30 ETF	Oct '26–now · 0.0y	+0.80%	−0.15%	+0.95 pt	–	–
Mirae Asset Nifty PSU Bank ETF	Oct '26–now · 0.0y	+1.16%	−0.15%	+1.31 pt	–	–
Mirae Asset Nifty India Internet ETF	Oct '26–now · 0.0y	+3.15%	−0.15%	+3.30 pt	–	–
Mirae Asset Nifty India New Age Consumption ETF Fund of Fund	Oct '26–now · 0.0y	+4.78%	−0.02%	+4.80 pt	–	–
Mirae Asset Nifty India Manufacturing ETF Fund of Fund	Oct '26–now · 0.0y	−1.08%	−0.02%	−1.06 pt	–	–
Mirae Asset BSE India Defence ETF FoF	Oct '26–now · 0.0y	−0.26%	−0.02%	−0.24 pt	–	–
Mirae Asset Nifty EV and New Age Automotive ETF	Oct '26–now · 0.0y	−0.61%	−0.12%	−0.49 pt	–	–
Mirae Asset Nifty India New Age Consumption ETF	Oct '26–now · 0.0y	+0.30%	−0.15%	+0.45 pt	–	–
Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund	Oct '26–now · 0.0y	+0.16%	−0.02%	+0.18 pt	–	–

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

Works with^{(7 now)}

Sudip ShereNifty Metal ETF FoF · Nifty IT ETF · Nifty500 Multicap 50 25 25 ETF · Nifty Smallcap 250 ETF · Nifty 50 Index Fund · Nifty Total Market Index Fund · Nifty PSU Bank ETF · BSE Sensex ETF · Silver ETF FoF · Nifty LargeMidcap 250 Index Fund10 schemes
Akshay UdeshiGold ETF · Silver ETF · Gold ETF Fund of Fund · Nifty200 Alpha 30 ETF Fund of Fund · BSE Midcap 150 Momentum 30 ETF · BSE Midcap 150 Momentum 30 ETF FoF6 schemes
Vishal SinghNifty EV and New Age Automotive ETF · BSE India Defence ETF FoF · Nifty India Manufacturing ETF Fund of Fund · Nifty India New Age Consumption ETF · Nifty India Internet ETF · Nifty India New Age Consumption ETF Fund of Fund6 schemes
Ekta GalaNifty Midcap 150 ETF · Nifty Financial Services ETF · Nifty Bank ETF · Nifty Next 50 ETF · Nifty 50 ETF5 schemes
Basant BafnaMulti Asset Allocation Fund1 scheme
Harshad BorawakeMulti Asset Allocation Fund1 scheme
Siddharth SrivastavaMulti Asset Allocation Fund1 scheme