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Fund Overview

Fund Size

Fund Size

-

Expense Ratio

Expense Ratio

-

ISIN

ISIN

INF769K01RR8

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

-

Inception Date

Inception Date

21 Oct 2026

About this fund

Mirae Asset Life Cycle Fund 2056 Regular Growth is a Dynamic Asset Allocation mutual fund schemes offered by Mirae Asset India Mutual Fund. This fund has been in existence for NA, having been launched on 21-Oct-26
  • You can start investing in Mirae Asset Life Cycle Fund 2056 Regular Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

9.38%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

0.42

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.62

Higher the better

Fund Managers

HB

Harshad Borawake

Since October 2026

BB

Basant Bafna

Since October 2026

RP

Ritesh Patel

Since October 2026

Additional Scheme Details

ISIN
INF769K01RR8
Expense Ratio
-
Exit Load
-
Fund Size
-
Age
0 month
Lumpsum Minimum
₹5,000
Fund Status
Open Ended Investment Company
Benchmark
Nifty 500 TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

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Fund nameExpense RatioExit LoadFund size
1Y
Mirae Asset Life Cycle Fund 2056 Regular Growth

Very High Risk

----
Mirae Asset Life Cycle Fund 2056 Direct Growth

Very High Risk

----
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Samco Dynamic Asset Allocation Fund Direct Growth

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Samco Dynamic Asset Allocation Fund Regular Growth

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Bajaj Finserv Balanced Advantage Fund Direct Growth

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Bajaj Finserv Balanced Advantage Fund Regular Growth

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1.2%1.0%₹1522.18 Cr2.0%
HDFC Balanced Advantage Fund Direct Growth

Very High Risk

0.8%1.0%₹107295.79 Cr-0.7%
HDFC Balanced Advantage Fund Regular Growth

Very High Risk

1.3%1.0%₹107295.79 Cr-1.3%
Edelweiss Balanced Advantage Fund Regular Growth

Very High Risk

2.1%1.0%₹13445.00 Cr3.1%
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0.6%1.0%₹1685.79 Cr-0.4%
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Nippon India Balanced Advantage Fund Direct Growth

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Invesco India Balanced Advantage Fund Direct Growth

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1.1%0.0%₹937.48 Cr-2.0%
Tata Balanced Advantage Fund Regular Growth

Very High Risk

1.9%0.0%₹8538.57 Cr0.1%
Tata Balanced Advantage Fund Direct Growth

Very High Risk

0.7%0.0%₹8538.57 Cr1.4%
DSP Dynamic Asset Allocation Fund Regular Growth

Very High Risk

2.3%1.0%₹3821.11 Cr2.1%
DSP Dynamic Asset Allocation Fund Direct Growth

Very High Risk

1.1%1.0%₹3821.11 Cr3.4%
HSBC Balanced Advantage Fund Regular Growth

Very High Risk

2.5%1.0%₹1522.18 Cr0.7%
LIC MF Balanced Advantage Fund Regular Growth

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3.0%1.0%₹695.74 Cr0.6%
LIC MF Balanced Advantage Fund Direct Growth

Very High Risk

1.6%1.0%₹695.74 Cr2.1%
ICICI Prudential Balanced Advantage Fund Regular Growth

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1.5%1.0%₹75399.17 Cr3.1%
ITI Balanced Advantage Fund Regular Growth

Very High Risk

3.3%0.0%₹348.34 Cr-1.0%
ITI Balanced Advantage Fund Direct Growth

Very High Risk

1.7%0.0%₹348.34 Cr0.7%
Invesco India Balanced Advantage Fund Regular Growth

Moderately High risk

2.4%0.0%₹937.48 Cr-3.3%
Sundaram Balanced Advantage Fund Regular Growth

High Risk

1.8%1.0%₹1685.79 Cr-1.8%
Union Balanced Advantage Fund Regular Growth

Very High Risk

2.6%1.0%₹1240.12 Cr0.3%
Union Balanced Advantage Fund Direct Growth

Very High Risk

1.5%1.0%₹1240.12 Cr1.4%
Edelweiss Balanced Advantage Fund Direct Growth

Very High Risk

1.0%1.0%₹13445.00 Cr4.2%
Bank of India Balanced Advantage Fund Regular Growth

Very High Risk

2.6%1.0%₹175.65 Cr3.2%
Bank of India Balanced Advantage Fund Direct Growth

Very High Risk

1.4%1.0%₹175.65 Cr4.4%
Kotak Balanced Advantage Fund Regular Growth

Very High Risk

1.9%1.0%₹17373.40 Cr1.2%
Kotak Balanced Advantage Fund Direct Growth

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PGIM India Balanced Advantage Fund Regular Growth

Moderately High risk

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PGIM India Balanced Advantage Fund Direct Growth

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Axis Balanced Advantage Fund Regular Growth

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Axis Balanced Advantage Fund Direct Growth

Moderately High risk

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ICICI Prudential Balanced Advantage Fund Direct Growth

High Risk

1.0%1.0%₹75399.17 Cr3.6%

About the AMC

Mirae Asset India Mutual Fund

Mirae Asset India Mutual Fund

Total AUM

₹2,41,222 Cr

Address

Unit No. 606, 6th Floor, Mumbai, 400 098

Other Funds by Mirae Asset India Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Mirae Asset Life Cycle Fund 2056 Direct Growth

Very High Risk

----
Mirae Asset BSE Information Technology Index Fund Direct Growth

Very High Risk

-0.0%--
Mirae Asset Nifty200 Momentum 30 Plus 8-13yr G-Sec 75:25 Direct Growth

High Risk

8.7%0.0%₹13.44 Cr-
Mirae Asset BSE Midcap 150 Momentum 30 ETF FOF Direct Growth

Very High Risk

1.2%0.0%₹34.96 Cr-
Platinum Hybrid Long-Short Fund Direct Growth

Low to Moderate Risk

2.5%1.0%--
Mirae Asset Silver ETF FOF Direct Growth

Very High Risk

0.2%0.0%₹33.41 Cr-
Mirae Asset Nifty Metal ETF FOF Direct Growth

Very High Risk

0.2%0.0%₹111.76 Cr-
Mirae Asset BSE India Defence ETF FOF Direct Growth

Very High Risk

0.2%0.0%₹123.72 Cr-
Mirae Asset Infrastructure Fund Direct Growth

Very High Risk

0.6%1.0%₹488.90 Cr-
Mirae Asset Multi Factor Passive FOF Direct Growth

Very High Risk

0.1%0.0%₹30.32 Cr3.6%
Mirae Asset Gold Silver Passive FoF Direct Growth

Very High Risk

0.1%0.0%₹1470.16 Cr47.8%
Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹138.43 Cr6.2%
Mirae Asset Income plus Arbitrage Active FOF Direct Growth

Moderate Risk

0.6%0.0%₹22.02 Cr5.3%
Mirae Asset BSE 200 Equal Weight ETF Fund of Fund Direct Growth

Very High Risk

0.1%0.0%₹7.54 Cr2.1%
Mirae Asset BSE Select IPO ETF Fund of Fund Direct Growth

Very High Risk

0.1%0.0%₹9.36 Cr-3.4%
Mirae Asset Small Cap Fund Direct Growth

Very High Risk

0.3%1.0%₹5717.05 Cr11.2%
Mirae Asset Nifty India New Age Consumption ETF Fund of Fund Direct Growth

Very High Risk

0.1%0.0%₹21.96 Cr-4.3%
Mirae Asset Long Duration Fund Direct Growth

Moderate Risk

0.2%0.0%₹19.51 Cr2.1%
Mirae Asset Gold ETF Fund of Fund Direct Growth

High Risk

0.1%0.0%₹628.26 Cr31.5%
Mirae Asset Nifty 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹71.15 Cr-6.2%
Mirae Asset Nifty LargeMidcap 250 Index Fund Direct Growth

Very High Risk

0.4%0.0%₹37.49 Cr0.4%
Mirae Asset Nifty Total Market Index Fund Direct Growth

Very High Risk

0.3%0.0%₹51.56 Cr-0.7%
Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund Direct Growth

Very High Risk

0.1%0.0%₹198.01 Cr4.6%
Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF Fund of Fund Regular Growth

Very High Risk

0.0%0.0%₹293.41 Cr5.5%
Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund Regular Growth

Very High Risk

0.1%0.0%₹256.52 Cr6.5%
Mirae Asset Multi Asset Allocation Fund Direct Growth

High Risk

0.3%1.0%₹3690.64 Cr10.1%
Mirae Asset Great Consumer Fund Direct Growth

Very High Risk

0.4%1.0%₹4742.18 Cr-4.2%
Mirae Asset Cash Management Direct Growth

Low to Moderate Risk

0.1%0.0%₹17358.70 Cr6.4%
Mirae Asset Emerging Bluechip Direct Growth

Very High Risk

0.5%1.0%₹45811.35 Cr2.0%
Mirae Asset Large Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹38166.23 Cr-3.2%
Mirae Asset Savings Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2433.82 Cr6.3%
Mirae Asset Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹3586.50 Cr6.5%
Mirae Asset Focused Fund Direct Growth

Very High Risk

0.6%1.0%₹6751.88 Cr-2.8%
Mirae Asset Dynamic Bond Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹115.34 Cr4.6%
Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth

Very High Risk

0.0%0.0%₹2707.10 Cr40.2%
Mirae Asset Hybrid Equity Fund Direct Growth

Very High Risk

0.4%1.0%₹9595.71 Cr3.1%
Mirae Asset Equity Allocator Fund of Fund Direct Growth

Very High Risk

0.1%0.0%₹966.51 Cr-2.1%
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund Direct Growth

Very High Risk

0.1%0.0%₹80.82 Cr-6.6%
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Direct Growth

Very High Risk

0.0%0.0%₹846.59 Cr43.6%
Mirae Asset Nifty SDL Jun 2027 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹474.92 Cr6.1%
Mirae Asset Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2065.66 Cr6.7%
Mirae Asset Flexi Cap Fund Direct Growth

Very High Risk

0.4%1.0%₹4506.26 Cr2.9%
Mirae Asset Banking and Financial Services Fund Direct Growth

Very High Risk

0.5%1.0%₹2356.52 Cr3.6%
Mirae Asset Multicap Fund Direct Growth

Very High Risk

0.4%1.0%₹5619.19 Cr2.4%
Mirae Asset Nifty India Manufacturing ETF Fund of Fund Direct Growth

Very High Risk

0.1%0.0%₹129.33 Cr6.2%
Mirae Asset Tax Saver Fund Direct Growth

Very High Risk

0.6%0.0%₹26427.51 Cr0.2%
Mirae Asset Nifty SDL Jun 2028 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹80.44 Cr5.7%
Mirae Asset Corporate Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹44.38 Cr4.9%
Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth

Very High Risk

0.0%0.0%₹75.94 Cr-23.0%
Mirae Asset Equity Savings Fund Direct Growth

Moderately High risk

0.3%1.0%₹2040.61 Cr5.1%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk

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Who manages the Mirae Asset Life Cycle Fund 2056 Regular Growth?

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The fund managers responsible for Mirae Asset Life Cycle Fund 2056 Regular Growth are:-
  1. Harshad Borawake
  2. Basant Bafna
  3. Ritesh Patel
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