August 12, 2026
mayank
Axis Long Duration Fund
| Fund at a Glance | |
| NAV Growth (Rs.) | 1,274.27 |
| Monthly NAV IDCW (Rs.) | 1,020.52 |
| Quarterly NAV IDCW (Rs.) | 1,235.83 |
| Yearly NAV IDCW (Rs.) | 1,263.00 |
| Min. Investment (Rs.) | 5,000 |
| Min. SIP Investment (Rs.) | 1,000 |
| Min. No of Cheques | 6 |
| Benchmark | NIFTY Long Duration Debt Index A-III |
| AUM Rs. | 174 Cr |
| (As on 31-Jul-2026) | |
| Expense | 0.28% |
| 1 Year Return (%) | 3.59 |
| 3 Year Return (%) | 6.63 |
| 5 Year Return (%) | — |
| 10 Year Return (%) | — |
| Return Since Launch | 7.03% |
Suitable For Which Investors?
Long Duration funds are suitable for investors:
1. Seeking higher debt returns by taking a view on the interest rate cycle
2. Who understand these funds can swing sharply as interest rates move
3. Who can withstand higher volatility and risk in their debt portfolio
Note:
• Most investors can skip these funds and stick to core debt funds instead
• Unlike FD, there is no guarantee of returns
• Not suitable for long term wealth creation
Fund’s Investment Strategy:
The scheme seeks to to generate optimal returns consistent with moderate levels of risk. This income may be complemented by capital appreciation of the portfolio. Accordingly, investments shall predominantly be made in Debt & Money Market Instruments.
Fund Manager:
1) Devang Shah
Education: Mr. Shah is B.Com and ACA.
Experience: Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
2) Hardik Shah
Education: Mr. Shah has done B.E. Information Technology and MBA Finance.
Experience: Prior to joining Axis Mutual Fund, he has worked with Nippon India Mutual Fund, Quantum Asset Management Company and ICAP India (P) Ltd.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Axis Long Duration Fund
| Fund House | Axis Mutual Fund |
| Launch Date | 27-Dec-22 |
| Return Since Launch | 7.03% |
| Benchmark | NIFTY Long Duration Debt Index A-III |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | 174 Cr |
| (As on 31-Jul-2026) | |
| Expense | 0.28% |
| (As on 31-Jul-2026) | |
| Risk Grade | High |
| Return Grade | Below Average |
Axis Long Duration Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis Long Duration Dir | 2.92 | 0.36 | -0.25 | 3.22 | 4.26 | 3.59 | 6.63 | — | — | — |
| Debt: Long Duration | 3.13 | 0.24 | 0.01 | 3.19 | 4.12 | 3.8 | 6.84 | — | — | — |
| Rank within category | 7 | 1 | 8 | 5 | 5 | 7 | 6 | — | — | — |
| Number of funds in category | 11 | 11 | 11 | 11 | 11 | 11 | 7 | 2 | 2 | 1 |
Peer Comparison of Axis Long Duration Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| Axis Long Duration Dir | 2 out of 5 stars | 3.59 | 6.63 | — | 0.28 | 174 | 7.03 | — | 3Y 7M |
| Nippon India Nivesh Lakshya Long Duration Dir | 4 out of 5 stars | 3.69 | 7.20 | 6.66 | 0.28 | 6,249 | 8.22 | — | 8Y 1M |
| ICICI Pru Long Term Bond Dir | 4 out of 5 stars | 3.70 | 7.17 | 6.14 | 0.37 | 843 | 7.88 | — | 13Y 7M |
| HDFC Long Duration Debt Dir | 2 out of 5 stars | 3.46 | 6.74 | — | 0.24 | 2,788 | 6.97 | — | 3Y 6M |
| SBI Long Duration Dir | 3 out of 5 stars | 3.68 | 6.77 | — | 0.26 | 1,490 | 7.19 | — | 3Y 7M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 6 | 11 |
| Macaulay Duration (yrs) | 11.48 | 11.03 |
| Average Maturity (yrs) | 29.80 | 25.74 |
| Yield to Maturity (%) | 7.35 | 7.38 |
| Avg Credit Rating | AAA | — |
Note: Mutual fund investments are subject to market risks, read all scheme-related documents carefully.
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https://www.axismf.com/mutual-funds
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