Fundalysisby DARKHORSESTOCKS

Fund manager · Mirae

Varun Goel

Senior Fund Manager- Equity at Mirae. Runs 3 schemes worth ₹16,538 Cr.

  • Fund house

    MiraeThey run their schemes at Mirae.

  • AUM they run

    ₹16,538 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

    3 now · 0 beforeSchemes they run now, as main or co-manager, and ones they ran before, since Sept 2024.

  • Experience

    19 yearsMr. Varun Goel has around 19 years of experience in Fund management & Equity Research. Prior to this assignment, Mr. Goel was fund manager for Equity AIF funds at Nippon Life India AIF Management Limited. Additionally, Mr. Goel has also worked with Motilal Oswal Asset Management Company Limited, Karvy Stock Broking, KC Securities and Kotak Securities.

Profile(Mirae's SAI, 31 Aug 2026)

About

Role
Senior Fund Manager- Equity
Studied
BTech (Mechanical Engineering) IIT Delhi PGDM (Finance & Marketing), IIM Lucknow
Age
43 years
Experience
Mr. Varun Goel has around 19 years of experience in Fund management & Equity Research. Prior to this assignment, Mr. Goel was fund manager for Equity AIF funds at Nippon Life India AIF Management Limited. Additionally, Mr. Goel has also worked with Motilal Oswal Asset Management Company Limited, Karvy Stock Broking, KC Securities and Kotak Securities.

Schemes now3

  1. Mirae Asset Focused Fund₹6,350 Cr
  2. Mirae Asset Small Cap Fund₹5,819 Cr
  3. Mirae Asset Flexi Cap Fund₹4,369 Cr

AUM they run(Apr 2024 – Sept 2026)

AUM at month end each month, and its change on the month before
12 months₹ CrChange
Sept 202616,538−2.6%
Aug 202616,975+4.5%
Jul 202616,249+3.6%
Jun 202615,680+85.7%
May 20268,443+4.5%
Apr 20268,083+19.2%
Mar 20266,781−2.8%
Feb 20266,975+4.7%
Jan 20266,659+1.2%
Dec 20256,579+4.4%
Nov 20256,304+4.5%
Oct 20256,033+9.3%
AUM at month end, Sept 2026
₹16,538 Cr
+174.1% since Oct 2025
Fig. 1.The AUM of the schemes Varun Goel 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(Apr 2024 – now)

  1. Flexi Cap Fund
  2. Small Cap Fund
  3. Focused Fund
Mirae20252026
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(Apr 2024 – now)

Mirae

3 now · since Apr 2024
  1. Mirae Asset Focused Fund
    Co-managerJun 2026—5m₹6,350 CrFocusedTER 0.98%
  2. Mirae Asset Small Cap Fund
    Fund managerJan 2025—1y 10m₹5,819 CrSmall CapTER 0.70%

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

Performance(3 schemes)

Growth · Direct plans

Return as manager
+10.69%
Beat peers
1 of 2
vs peers
+1.23 pt
Longest run
2.5 years
Beat benchmark
Upcoming
Each scheme Varun Goel ran, against its peers and benchmark over the same months. Source: AMFI. Click a column's header to sort by it.
Mirae Asset Flexi Cap Fund
Apr '24–now · 2.5y
+7.01%+8.28%−1.27 pt––
Mirae Asset Small Cap Fund
Feb '25–now · 1.7y
+14.37%+10.63%+3.74 pt––
Mirae Asset Focused Fund
Jun '26–now · 0.4y
+5.25%+1.89%+3.36 pt––
Fig. 1.Each scheme Varun Goel ran, against its peers and benchmark over the same months. Source: AMFI.

Works with(1 now)

  1. Gaurav MisraFocused Fund1 scheme