Mirae Asset Life Cycle Fund 2056 Direct Growth NAV today
AMFI: 154775ISIN: INF769K01RU2Mirae Asset Mutual FundLife Cycle Fund with Maturity of 30 Years funds
NAV for 27 Oct 2026, against 26 Oct 2026. Declared once a day.
Other plans: Direct IDCW ₹9.9430 · Regular Growth ₹9.9410, 0.59% · Regular IDCW ₹9.9410
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it. Total expense ratio: how it is worked out
- 0.46%21 Oct 2026
- Offer openedNew fund offer opened. The day the fund's new fund offer opened for investors to apply; units are allotted when it closes. New fund offer opened in the glossary
- 28 Sep 2026
Mirae Asset Life Cycle Fund 2056 returns
Direct Growth plan
₹10,000 put in on 21 Oct 2026 is ₹9,994 at the NAV of 27 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load. Growth of ₹10,000 in the glossary
Mirae Asset Life Cycle Fund 2056 expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio. Direct and regular plan cost gap in the glossary
- 2.00 ptsA year, on 21 Oct 2026
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. Base expense ratio in the glossary | 0.39% | 2.09% |
| Brokerage | None | None |
| Transaction costs | None | None |
| Statutory levies | 0.07% | 0.37% |
Buying and selling
- Exit loadExit load. A charge, as a share of the amount redeemed, on units sold before a set period has passed since they were bought. Exit load in the glossary
- Not stated
- Lump-sum purchases
- Accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase. Minimum investment in the glossary
- ₹5,000
- Minimum top-up
- ₹1,000
- Minimum redemption
- ₹1
- SIP
- Accepted
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold. Lock-in in the glossary
- None
How Mirae Asset Life Cycle Fund 2056 is taxed
Tax depends on the fund's own mix. With 65% or more in shares of listed Indian companies, gains on units held over 12 months are taxed at 12.5% above ₹1.25 lakh a year, and gains on units held 12 months or less at 20%; with more than 65% in debt and money market instruments, gains on units bought on or after 1 Apr 2023 are taxed at the income tax slab rate however long they are held, and on units bought earlier at 12.5% after 24 months; otherwise, gains on units held over 24 months are taxed at 12.5%, and gains on units held 24 months or less at the income tax slab rate.
IDCW payouts are added to the holder's income and taxed at the income tax slab rate. The fund deducts 10% tax at source for a resident when its payouts to them in a year counted from April to March are above ₹10,000.
Rules in force from 1 Apr 2025, checked 27 Oct 2026. Surcharge and cess are not included.
Risk ratios
NAV to 27 Oct 2026
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. Largest fall in the glossary | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. Back at the high in the glossary |
|---|---|---|---|---|
| Since Oct 2026 | −1.07% | 21 Oct 2026 | 23 Oct 2026 | Not yet |
Changes to the fund
Newest first.
2026
- 21 OctTermsSIP instalments: not accepted to accepted
- 20 OctTermsMinimum additional purchase: ₹5,000 to ₹1,000
- 20 OctTermsRedemptions: not accepted to accepted
- 20 OctTermsSIP instalments: accepted to not accepted
- 20 OctTermsWithdrawal plans (SWP): not accepted to accepted
- 28 SepTermsSIP instalments: not accepted to accepted
Fund details
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.
- New fund offer
- 28 Sep 2026 to 12 Oct 2026
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹5,000
Plans and codes
| Plan | AMFI code | ISIN | ISIN, reinvestment | First NAV |
|---|---|---|---|---|
| Direct Growth | 154775 | INF769K01RU2 | 21 Oct 2026 | |
| Regular Growth | 154777 | INF769K01RR8 | 21 Oct 2026 | |
| Direct IDCW | 154776 | INF769K01RW8 | INF769K01RV0 | 21 Oct 2026 |
| Regular IDCW | 154778 | INF769K01RT4 | INF769K01RS6 | 21 Oct 2026 |
This fund
- Scheme information documentThe fund's objective, terms, costs and risks in full
Factsheet
- October 2026 - Active Fund FactsheetMirae Asset Mutual Fund, Sep 2026
Statement of additional information
- SAI Mirae Asset Mutual FundMirae Asset Mutual Fund, Oct 2026
Annual report
- Mirae Asset Mutual Fund – Annual Report 2025-2026Mirae Asset Mutual Fund, Mar 2026
- Mirae Asset Mutual Fund – Abridged Annual Report 2025-2026Mirae Asset Mutual Fund, Mar 2026
Riskometer disclosure
- Annual Riskometer for the FY 2025-26Mirae Asset Mutual Fund, Mar 2026
Portfolio overlap disclosure
- Portfolio Overlap Report for the month of September 2026Mirae Asset Mutual Fund, Sep 2026