GMP IPO Watch
Mirae Asset Life Cycle Fund 2056
Regular Plan · IDCW · Mirae Asset Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +3.09% | +3.13% | 1 of 1 |
| YTD | +3.36% | +3.41% | 1 of 1 |
| INCEPTION | +136.70% | — | — |
Ranked among: Life Cycle Funds - Life Cycle Fund with Maturity of 30 Years.
NAV History
Expense Ratio Trend
More From Mirae Asset Investment Managers (India) Pvt. Ltd
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Mirae Asset S&P 500 Top 50 ETF Fund of Fund
Direct Plan · Growth
|
+29.35% | +41.95% | +25.08% | +25.94% |
| Mirae Asset Silver ETF | +26.31% | +36.47% | — | +30.17% |
|
Mirae Asset NYSE FANG + ETF Fund of Fund
Direct Plan · Growth
|
+21.29% | +50.85% | +29.57% | +31.68% |
|
Mirae Asset Gold Silver Passive FoF
Direct Plan · IDCW
|
+21.29% | — | — | +35.40% |
|
Mirae Asset Healthcare Fund
Direct Plan · Growth
|
+21.28% | +24.36% | +16.89% | +22.00% |
| Mirae Asset Nifty Metal ETF | +19.77% | — | — | +11.29% |
|
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund
Direct Plan · Growth
|
+18.59% | +34.76% | — | +33.45% |
| Mirae Asset Gold ETF | +16.94% | +31.04% | — | +27.13% |
|
Mirae Asset Gold ETF Fund of Fund
Direct Plan · Growth
|
+16.76% | — | — | +32.55% |
| Mirae Asset NYSE FANG+ ETF | +9.94% | +37.12% | +22.50% | +24.56% |
About This Scheme
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
Stated Asset Allocation
Asset Allocation as per SID 15-30Y (2026-2041): Eq Ex Arb 65-95%; Arb 0%; Total Eq 65-95%; Debt 5-25%; Others 0-10% 10-15Y (2041-2046): Eq Ex Arb 65-80%; Arb 0%; Total Eq 65-80%; Debt 5-25%; Others 0-10% 5-10Y (2046-2051): Eq Ex Arb 50-65%; Arb 0-10%; Total Eq 65-75%; Debt 5-25%; Others 0-10% 3-5Y (2051-2053): Eq Ex Arb 35-50%; Arb 15-30%; Total Eq 65-75%; Debt 25-50%; Others 0-10% 1-3Y (2053-2055): Eq Ex Arb 20-35%; Arb 30-45%; Total Eq 65-75%; Debt 25-65%; Others 0-10% <1Y (2055-2056): Eq Ex Arb 5-20%; Arb 45-50%; Total Eq 65-75%; Debt 25-65%; Others 0-10%
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
Fund Managers
Mr. Harshad Borawake, Mr. Basant Bafna, Mr. Ritesh Patel
Mr. Harshad Borawake(Equity Portion), Mr. Basant Bafna(Debt Portion), Mr. Ritesh Patel (Dedicated Fund Manager for Commodity Investments)
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.