Mirae Asset Life Cycle Fund 2056 Direct Growth

Hybrid

Mirae Mutual Fund

Dynamic Asset Allocation

Get the latest NAV of Mirae Asset Life Cycle Fund 2056 Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹10.00

NAV as on 04 Oct 2026

Peer comparison

Fund Name	INDmoney Rank	AUM (in Crs.)	Expense Ratio	1Y Returns	3Y Returns	3Y Alpha	3Y Beta	3Y Sharpe	3Y Sortino	3Y Info Ratio
SBI Balanced Advantage Fund	1/18	41,803Cr	0.89%	0.38%	8.94%	1.40	0.94	0.37	0.52	0.69
ICICI Prudential Balanced Advantage Fund	2/18	75,399Cr	1.04%	1.55%	10.13%	3.16	0.91	0.50	0.69	1.49
Axis Balanced Advantage Fund	3/18	3,836Cr	1.06%	0.56%	10.76%	2.91	1.04	0.52	0.78	2.06
Nippon India Balanced Advantage Fund	4/18	9,918Cr	0.88%	0.87%	9.71%	1.85	1.04	0.42	0.60	1.45

See all

Mirae Asset Life Cycle Fund 2056 Overview

NAV Price	₹ 10
Launch Date	28 September 2026
End Date	12 October 2026
Allotment Date	21 October 2026
Exit Load	0%
Benchmark	Nifty 500 TR INR
Min Lumpsum/SIP	₹5,000/₹99
Risk	Very High Risk

About Mirae Asset Life Cycle Fund 2056

Mirae Asset Life Cycle Fund 2056 is a hybrid new fund offer (NFO) launched by Mirae Asset Investment Managers (India) Private Limited. The investors can apply to the NFO from 28 September 2026 to 12 October 2026. As per the SEBI defined riskometer, the Mirae Asset Life Cycle Fund 2056 is rated Very High Risk.

Mirae Asset Life Cycle Fund 2056 has defined its benchmark as Nifty 500 TR INR.

Fund Manager

Ritesh Patel

Fund Manager of Mirae Asset Life Cycle Fund 2056, since 21 October 2026

Basant Bafna

Fund Manager of Mirae Asset Life Cycle Fund 2056, since 21 October 2026

Harshad Borawake

Fund Manager of Mirae Asset Life Cycle Fund 2056, since 21 October 2026

Learn more about Mirae Mutual Fund

Frequently Asked Questions for Mirae Asset Life Cycle Fund 2056 Direct Growth

What is the start date of Mirae Asset Life Cycle Fund 2056 NFO (new fund offer)?

Mirae Asset Life Cycle Fund 2056 NFO (new fund offer) start date: 2026-09-28.

What is the close date of Mirae Asset Life Cycle Fund 2056 NFO (new fund offer)?

Mirae Asset Life Cycle Fund 2056 NFO (new fund offer) close date: 2026-10-12.

What is the unit value (NAV) Mirae Asset Life Cycle Fund 2056 NFO (new fund offer)?

Mirae Asset Life Cycle Fund 2056 NFO (new fund offer) NAV: Rs. ₹10.

Who is the fund manager of Mirae Asset Life Cycle Fund 2056 as per NFO filings?

Ritesh Patel ,Basant Bafna ,Harshad Borawake is the Fund Manager of Mirae Asset Life Cycle Fund 2056 as per NFO filings?

What is the allotment date of the Mirae Asset Life Cycle Fund 2056 NFO (new fund offer)?

Mirae Asset Life Cycle Fund 2056 NFO (new fund offer) allotment date: 2026-10-21