Mirae Asset Sharekhan Limited Overview
Pro stress-test →Mirae Asset Sharekhan is an Indian brokerage firm that operates over 120 branches in India, serving 3.1 million clients. The company offers a comprehensive range of financial solutions including Mutual Funds, Stocks, IPOs, Portfolio Management Services (PMS), Alternative Investment Funds (AIF), Exchange Traded Funds (ETFs), Corporate Deposits, Futures & Options, Commodity and Bonds.
Strategic Profile
Pro stress-test →Founded in 1995, Mirae Asset Sharekhan was one of the first brokers to introduce online trading in India. In November 2024, Mirae Asset Financial Group acquired Sharekhan for ₹3,000 crore (487 billion won), strengthening its position as a major financial services player in India. On average, Mirae Asset Sharekhan executes more than 11 Lakh+ trades daily.
Competitive Landscape
Pro stress-test →Mirae Asset Sharekhan competes with major Indian retail brokers including Zerodha, Upstox, Angel One, and traditional players like ICICI Securities and HDFC Securities. Its competitive strengths include a broad service model, established branch network, and research capabilities. The company operates in a consolidating market where scale and technology efficiency are critical differentiators.
Industry Context
Mirae Asset Sharekhan Limited operates in Indian retail stock broking.
Key facts
Founded: 1995 · Headquarters: Mumbai, India