Mirae Asset Mutual Fund launches Mirae Asset Life Cycle Fund 2056
NFO period: 28th Sep - 12th Oct, 2026
Highlights of the NFO:
- Scheme type - An open-ended fund with attribute of pre-determined maturity and glide path for goal based investing
- 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). There is no assurance that the investment objective of the Scheme will be achieved.
- Product suitability - This product is suitable for investors who are seeking to generate long term wealth creation. Investment in equity, debt & money market instruments, commodity ETFs and exchange traded commodity derivatives following a glide path till its maturity in the year 2056.
- Minimum Application Amount - Minimum of Rs. 5,000/-and in multiples of Re.1/-thereafter.
- Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).
- Fund Managers - Mr. Harshad Borawake, Mr. Basant Bafna & Mr. Ritesh Patel
- Benchmark - 65%*Nifty 500 TRI + 25%*NIFTY Short Duration Debt Index + 7.5%*Domestic prices of Gold + 2.5%*Domestic prices of Silver
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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