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The Economic Times

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NFO Alert: Mirae Asset Mutual Fund launches Mirae Asset Life Cycle Fund 2056

Mirae Asset Mutual Fund launched the Life Cycle Fund 2056, an open-ended scheme with a predetermined maturity and mandatory glide path. The NFO closes October 12, with investments starting at Rs 5,000. The fund dynamically shifts allocations from equity toward debt, arbitrage and commodities as the 2056 maturity approaches.

28 Sep 2026 2:28 pm