Mirae Asset Mutual Fund increased its stake in Go Digit General Insurance Limited from 4.66% to 4.76%, raising its shareholding from 43,047,061 to 43,998,916 shares. Mirae Asset was also an anchor investor in Go Digit General Insurance's IPO.
A general insurance provider incorporated in 2016, Go Digit General Insurance offers motor, health, and other insurance products across India. The company operates through a digital-first business model, focusing on streamlined policy distribution, simplified underwriting, and efficient claims processing. It competes in the competitive insurance sector by emphasizing technology-driven customer experience, accessibility, and innovative coverage options tailored to diverse customer segments.
Indian arm of South Korea's Mirae Asset Global Investments, one of Asia's largest asset managers. Manages over Rs 2.5 lakh crore in India across equity and hybrid funds. CIO Neelesh Surana has built a reputation for rigorous bottom-up stock selection with a long-term quality growth bias. Mirae Asset Emerging Bluechip Fund built a cult following before being closed to fresh investments due to size.