Mirae Asset Life Cycle Fund 2056
- NAV as on 21 Oct 2026
- ₹9.95—1 day
- Return since launch
- -0.5%
- 52-week range
- ₹9.95 — ₹9.95
- AUM
- ₹0.00 Cr
Mirae Asset Life Cycle Fund 2056 is a Others others fund from Mirae Asset Mutual Fund with ₹0.00 Cr under management, launched in 2026. The expense ratio is 0.00% and the SEBI riskometer reading is Very High.
Performance
Returns
How the fund has done against its category and its benchmark.
Since launch (28 Sep 2026): -0.5%
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.00%
Expense ratio
Charged yearly and already deducted from the NAV.
- Exit load
- Exit load of 3% if redeemed within 1 year, 2% if redeemed after 1 year but within 2 years and 1% if redeemed after 2 years but within 3 years.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NA
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
Portfolio
Mirae Asset Life Cycle Fund 2056 portfolio
What the fund owns, and how much of it.
Market cap split
- Large39.5%
- Mid31.9%
- Small12.0%
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹39.21 Cr | 4.54% | — | — | — |
 ICICI Prudential Life Cycle Fund 2041 | ₹55.15 Cr | 3.39% | — | — | — |
 Motilal Oswal Quality Fund | ₹40.13 Cr | 4.90% | — | — | — |
 HDFC BSE REITS and Commercial Real Estate Index Fund | ₹32.03 Cr | 6.08% | — | — | — |
| ICICI Prudential Life Cycle Fund 2036 | ₹29.55 Cr | 3.80% | — | — | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment 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).
Fund managers
- Harshad BorawakeMr. Borawake is MBA(Finance) & B.E.(Polymers)Prior to joining Mirae Asset Mutual Fund, he has worked with Motilal Oswal Securities Ltd. as Vice President and Capmetrics & Risk Solutions Private Ltd. as Research Analyst - Equity.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
No return history published for this fund yet.
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.