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  1. Home
  2. > Mutual Funds Scheme
  3. > Equity Fund
  4. > Mirae Asset Life Cycle Fund 2056
Summary Downloads Invest Online

Mirae Asset Life Cycle Fund 2056

(An open ended fund with attribute of pre-determined maturity and glide path for goal based investing)

New Fund Offer (NFO) opens on: 28th September, 2026

New Fund Offer (NFO) closes on: 12th October, 2026

Scheme re-opens on: 21st October, 2026

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ABOUT THE FUND

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.

Fund facts

Type

An open ended fund with attribute of pre-determined maturity and glide path for goal based investing

Fund Manager

Mr. Harshad Borawake (Equity portion), Mr. Basant Bafna (Debt portion) & Mr. Ritesh Patel (Commodity Investments)

Minimum Investment Amount:

For NFO period, Rs. 5,000/- and in multiples of Rs. 1/-thereafter. Minimum Additional Application Amount: Rs. 1,000/- per application and in multiples of Rs.1/- thereafter

taxation

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Benchmark index

NIFTY 500 TRI (65%) + NIFTY Short Duration Debt Index (25%) + Domestic Prices of Gold (7.5%) +Domestic Prices of Silver (2.5%)

SIP Amount:

Rs. 99/- and in multiples of Rs. 1/- thereafter

Plans and options

Regular Plan and Direct Plan

Options Available

Growth Option & Income Distribution cum Capital Withdrawal option (IDCW) ‒Payout & Reinvestment option

Load Applicable:

Entry Load ‒ NIL
Exit Load ‒
If redeemed within 1 Year from the date of allotment/within one year of investment: 3%
If redeemed after 1 Year from the date of allotment/investment but before completion of 2 years: 2%
If redeemed after 2 Year from the date of allotment/investment but before completion of 3 years: 1%
If redeemed after 3 Year from the date of allotment/investment: NIL

IDEAL INVESTMENT HORIZON

Nature of investment:

Equity Fund

Mirae Asset Equity Investment Process and Philosophy

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Fund Managers

manager
Mr. Harshad Borawake (Equity portion) fund manager
Mr. Basant Bafna (Debt portion) fund manager
Mr. Ritesh Patel (Commodity Investments) fund manager
RISKOMETER

Product Labelling: Mirae Asset Life Cycle Fund 2056 is suitable for investors seeking long-term capital appreciation. The fund invests in equity, debt and money market instruments, commodity ETFs, and exchange-traded commodity derivatives, following a glide path until maturity in 2056. Investors should consult their financial advisors if they are unsure about the product's suitability. The scheme riskometer indicates that the scheme has a very high risk level, while the benchmark riskometer indicates a high risk level. The scheme benchmark comprises 65% Nifty 500 TRI, 25% Nifty Short Duration Debt Index, 7.5% Domestic Price of Gold, and 2.5% Domestic Price of Silver.

Disclaimers & Footer

Statutory Details: Trustee: Mirae Asset Trustee Company Private Limited; Investment Manager: Mirae Asset Investment Managers (India) Private Limited (AMC); Sponsor: MiraeAsset Global Investments Company Limited.

The information contained in this document is compiled from third party and publicly available sources and is included for general information purposes only. There can be no assurance and guarantee on the yields. Views expressed by the Fund Manager cannot be construed to be a decision to invest. The statements contained herein are based on current views and involve known and unknown risks and uncertainties. Whilst MiraeAsset Investment Managers (India) Private Limited (the AMC) shall have no responsibility/liability whatsoever for the accuracy or any use or reliance thereof of such information. The AMC, its associate or sponsors or group companies, its Directors or employees accepts no liability for any loss or damage of any kind resulting out of the use of this document. The recipient(s) before acting on any information herein should make his/her/their own investigation and seek appropriate professional advice and shall alone be fully responsible / liable for any decision taken on the basis of information contained herein. Any reliance on the accuracy or use of such information shall be done only after consultation to the financial consultant to understand the specific legal, tax or financial implications. Please consult your financial advisor or mutual fund distributor before investing

*Asset Allocation Approach

The investment Framework stated above may change from time to time without any notice and shall be in accordance with the strategy as mentioned in the Scheme Information Document of the scheme. For Complete asset allocation and Investment Strategy, please refer Scheme Information Document of the fund https://www.miraeassetmf.co.in/docs/default-source/sid/sid_mirae-asset-life-cycle-fund-2056.pdf **It would be prudent for investors to consult their tax advisors for further details, clarification and actions. Refer SID/SAI for detailed taxation of the scheme

For further information about other schemes (product labelling and performance of the fund) please visit the website of the AMC: www.miraeassetmf.co.in

Please consult your financial advisor or mutual fund distributor before investing.

Mutual fund investments are subject to market risks, read all scheme related documents carefully.


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DOWNLOADS

Forms

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SID

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KIM

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One Pager

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Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

About Us

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  • Contact Us

  • Toll Free Number:
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  • For NRI Customer:
  • 022-67800300 – Press 1

  • Email Us
  • customercare@miraeasset.com

  • Timings
  • Monday to Saturday
    9 a.m. to 6 p.m

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Downloads

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Send "Hi" on whatsapp number

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Our Calculation Formula

If Inflation rate is selected then
futureValue = Future value considering the inflation rate

else
Calculate on current value.

SIPAmount = parseInt(-((Rate of interest / 12) * (-futureValue + (interest amount on loan * 0))) / ((-1 + interest amount on loan) * (1 + (rate of interest / 12))));

Our Calculation Formula

Annual Return = (Last NAV of the year - Last NAV of the previous year) / Last NAV of the previous year

For more details, please visit the AMFI website

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