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Mirae Asset Life Cycle Fund 2056 NFO

Growth

HybridLife Cycle Funds
Very High RiskPrincipal investment will be at very high risk

Mirae Asset Life Cycle Fund 2056 Key Offer Details

Opening date
28 Sept 2026
Closing date
12 Oct 2026
Scheme type
Open-Ended
NAV
₹10
Min. invst.
₹5,000
Min. SIP
₹1,000

About Mirae Asset Life Cycle Fund 2056

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Mirae Asset Life Cycle Fund 2056 Scheme Info

Plan
Direct
Lock in
None
Exit Load
3%
3% on or before 1Y, 2% after 1Y but on or before 2Y, 1% after 2Y but on or before 3Y, NIL after 3Y
Base Exp. Ratio
0%
Benchmark
NIFTY 500 - TRI

Mirae Asset Life Cycle Fund 2056 Scheme Objective

The Scheme seeks to generate long term capital appreciation by investing in a diversified portfolio of equity and equity related instruments, debt and money market instruments, InvITs, Gold and Silver ETFs, and Exchange Traded Commodity Derivatives (ETCDs). There is no assurance that the investment objective of the Scheme will be achieved.

AMC Profile of Mirae Asset Life Cycle Fund 2056

Mirae Asset Financial Group is one of the key players in the Asian financial market. Its asset management wing, the Mirae Asset Global Investments, commenced operation in 1997 and has expanded its business globally in a relatively short span of time.

Total AUM
₹ 2,15,171.08 Cr
No. of schemes
59

Mirae Asset Life Cycle Fund 2056 Manager Profile

Mirae Asset Life Cycle Fund 2056 Peers

Mirae Asset Life Cycle Fund 2056 Peers & Comparison

Comparing 3 mutual funds from 
HybridLife Cycle Funds
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Mutual Fund1Y Returns1Y Returns3Y CAGR3Y CAGRLife CAGRLife CAGR
ICICI Pru Life Cycle Fund 2041———
Zerodha Life Cycle Fund 2036———
Mirae Asset Life Cycle Fund 2056(IDCW)———

Frequently asked questions

  1. Mirae Asset Life Cycle Fund 2056 is an open-ended Life Cycle Funds scheme launched by Mirae Asset Investment Managers (India) Private Limited, investing primarily in Hybrid. It is benchmarked against NIFTY 500 - TRI and offered in Direct and Regular plans with Growth and IDCW options.

  2. The NFO of Mirae Asset Life Cycle Fund 2056 opens for subscription on 27 Sep 2026.

  3. The NFO of Mirae Asset Life Cycle Fund 2056 closes for subscription on 12 Oct 2026. Applications must be submitted before this date for allotment at the NFO offer price.

  4. The minimum lumpsum investment in Mirae Asset Life Cycle Fund 2056 is ₹5,000.

  5. The minimum SIP amount for Mirae Asset Life Cycle Fund 2056 is ₹99 per SIP installment.

  1. Mirae Asset Life Cycle Fund 2056 is managed by Harshad Borawake, Basant Bafna, Ritesh Patel, who has 11 years of fund management experience and also manages 23 other schemes at Mirae Asset Investment Managers (India) Private Limited.

  2. Mirae Asset Life Cycle Fund 2056 is a new scheme with no performance track record yet, so it should be evaluated on Harshad Borawake, Basant Bafna, Ritesh Patel's experience, Mirae Asset Investment Managers (India) Private Limited's record on similar schemes, the fund's Hybrid strategy, and fit with an investor's existing portfolio — not past returns.

  3. Mirae Asset Life Cycle Fund 2056 is categorized as a Life Cycle Funds scheme under SEBI's mutual fund classification — investing at least 35% each in large-cap and mid-cap stocks (for Large & Mid Cap funds).

  4. Mirae Asset Life Cycle Fund 2056 has no lock-in period and an exit load of 3% if redeemed within 1 year of investment.