# Mirae Asset Life Cycle Fund 2056

Mirae Asset Investment Managers (India) Pvt. Ltd · Life Cycle · Regular plan, Growth

Full page with charts: https://discovermf.com/funds/mirae-asset-life-cycle-fund-2056-154777
Figures as of 3 Nov 2026, from DiscoverMF. Information, not investment advice. Past returns do not indicate future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.

## In short

- **What it invests in:** Moves from shares to bonds as a target year nears.
- **How bumpy:** Its biggest fall in the last 3 years was 1.0%.
- **Expense ratio:** 2.08% a year. Similar funds: 2.74% on average.
- **Fees and minimums:** A fee may apply if you sell soon after buying; the full terms are under Cost.

Past returns do not tell you future returns.

## Key facts

- **NAV:** ₹10.16 on 3 Nov 2026
- **Expense ratio:** 2.08% a year (typical in its category 2.74%)
- **Category:** [Life Cycle](https://discovermf.com/categories/life-cycle.md)
- **Fund house:** [Mirae Asset Investment Managers (India) Pvt. Ltd](https://discovermf.com/fund-houses/mirae-asset)
- **Launched:** 28 Sept 2026
- **Exit load:** 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 No Exit Load shall be levied on switch transactions from Regular Plan to Direct Plan and vice versa under the Scheme.
- **Minimum investment:** ₹5,000 to start
- **AMFI scheme code:** 154777

## Returns

| Period | Fund | Category average | Benchmark | Rank in category |
| --- | --- | --- | --- | --- |
| 1 month | — | — | — | — |
| 3 months | — | — | — | — |
| 6 months | — | — | — | — |
| 1 year | — | — | — | — |
| 3 years (a year) | — | — | — | — |
| 5 years (a year) | — | — | — | — |
| Since launch (a year) | — | — | — | — |

## Risk

| Measure | Fund | Category average |
| --- | --- | --- |
| Volatility, last year | 9.3% | 9.3% |
| Worst fall, last year | -1.0% | — |
| Worst fall, last 3 years | -1.0% | — |
| Sharpe ratio, 3 years | — | — |
| Sortino ratio, 3 years | — | — |
| Beta, 3 years | — | — |
| Alpha, 3 years | — | — |

## 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.