| Launch date | 28 Sep 2026 |
| Allotment date | 19 Oct 2026 |
| End date | 12 Oct 2026 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: --
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
--
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹5,000 |
| Min. for SIP | ₹99 |
Fund management
Harshad BorawakeSep 2026 - PresentView details
Fund house & investment objective
| Rank (total assets) | #13 in India |
|---|---|
| Total AUM | ₹2,43,129.00Cr |
| Date of Incorporation | 30 Nov 2007 |
|---|
Mirae Asset Life Cycle Fund 2056 Direct Growth is a -- Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 30 Nov 2007. Harshad Borawake is the Current Fund Manager of Mirae Asset Life Cycle Fund 2056 Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,43,129 Cr and the Latest NAV as of 28 Sep 2026 is ₹10.00. The Mirae Asset Life Cycle Fund 2056 Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹99. Minimum Lumpsum Investment is ₹5,000. ;
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 benchmark | -- |
|---|
Fund house contact details
Peer Comparison
| Fund name | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Nippon India Small Cap Fund Direct Growth | 4 | 9.6% | 15.7% | 82,580.31 |
Franklin India Mid Cap Fund Direct Growth | 2 | 1.4% | 15.2% | 13,052.40 |
Franklin India Small Cap Fund Direct Growth | 3 | 5.3% | 13.2% | 14,746.08 |
HDFC Small Cap Fund Direct Growth | 3 | -1.7% | 11.1% | 41,890.86 |
Franklin India Technology Fund Direct Growth | -- | -11.0% | 8.5% | 1,759.08 |