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Sweden-based Indian couple, have named their daughter after Korean based Mutual Fund!

Summary:
Talk about globalisation! A Sweden-based Indian couple, have named their daughter after Mirae mutual fund. The couple was a regular investor in MF and were happy with the reurns: A Sweden-based Indian couple, have named their daughter ‘Mirae’ drawing inspiration from Mirae Asset Mutual Fund, in a testament to the growing popularity of mutual funds in India. Mirae Asset Mutual Fund has been one of the top performers with two of its funds in particular, Mirae Asset Large Cap Fund and Mirae Asset Emerging Bluechip delivering strong performance relative to their category and benchmark over the past 5-7 years. The couple are resident Indians, currently in Sweden on a project for their employer. Speaking on behalf of the family, Dr Rohan Chahande, 40, a Nagpur-based financial services

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Talk about globalisation!

A Sweden-based Indian couple, have named their daughter after Mirae mutual fund. The couple was a regular investor in MF and were happy with the reurns:

A Sweden-based Indian couple, have named their daughter ‘Mirae’ drawing inspiration from Mirae Asset Mutual Fund, in a testament to the growing popularity of mutual funds in India. Mirae Asset Mutual Fund has been one of the top performers with two of its funds in particular, Mirae Asset Large Cap Fund and Mirae Asset Emerging Bluechip delivering strong performance relative to their category and benchmark over the past 5-7 years. The couple are resident Indians, currently in Sweden on a project for their employer.

Speaking on behalf of the family, Dr Rohan Chahande, 40, a Nagpur-based financial services professional explained that the family has invested in Mirae Asset Mutual Fund over the past few years and are extremely pleased with the consistent performance it has delivered. ‘Mirae’ means good future in Korean, he added. “It is very humbling and at the same time inspiring to hear this. I would like to wish Baby Mirae good health and a great future,” said Swarup Mohanty, CEO, Mirae Asset Mutual Fund.

The parents, Vishal and Dhanista Kharparde have invested in Mirae Asset Large Cap Fund through SIPs over the past 3 years, a period that has been relatively tough for the mutual fund industry as a whole. However Mirae Asset Large Cap Fund has delivered returns of 9.58% outperforming the 8.16% delivered by the S&P BSE 100. Over longer periods however, the scheme has delivered stellar returns: 15.91% over the past 7 years and 14.57% over the past 10 years. Mirae Asset Large Cap Fund also features in the Mint 50 List.

Perhaps there cannot be a better tribute to any MF than this…

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Amol Agrawal
I am currently pursuing my PhD in economics. I have work-ex of nearly 10 years with most of those years spent figuring economic research in Mumbai’s financial sector.

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