Mirae Asset Investment Managers to sharpen focus on Chennai

Varun Goel, Senior Fund Manager, Mirae Asset Investment Managers (India)
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Special Arrangement

Mirae Asset Investment Managers, a mutual fund AMC, on Friday said that the Chennai market’s MF Assets under Management (AUM) have grown from ₹2.8 lakh crore in 2024 to ₹3.32 lakh crore in 2025, reflecting a year-on-year growth of over ₹52,000 crore. 

Overall investor participation in Chennai has also improved with folios increasing from 99 lakh in 2024 to 1.25 crore in 2025, a statement from the company said.

Meanwhile, at the national industry level, AUM expanded from ₹64.13 lakh crore in 2024 to ₹74.85 lakh crore in 2025 and industry folios grew by ₹3.74 crore in the past year, the AMC added.

The mutual fund firm said that the strong growth in both AUM and folios highlights “the immense potential” of the Chennai market, giving them confidence to strengthen and deepen existing engagement with investors in the region. 

“Over the last twenty years, the small cap segment has delivered strong earnings growth and market returns. Their relatively unestablished nature makes them more agile, allowing them to respond swiftly to industry shifts and market disruptions. This adaptability often translates into faster growth, which the stock market tends to reward,” Varun Goel, Senior Fund Manager, Mirae Asset Investment Managers (India) said.

Published on August 22, 2025