Axis Long Duration Fund
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.
Growthvine rating: 2/5 — ranked #22 of 29 in category.
Fund basics
| Category | Debt: Long Duration |
|---|---|
| NAV | ₹1253.35 (as of 2026-08-21) |
| AUM | ₹174 Cr |
| Expense ratio | 0.66% |
| Riskometer | Moderate |
| Fund manager | Devang Shah |
| Exit load | 0 |
Performance & risk
| Sharpe ratio | 0.04 |
|---|---|
| Standard deviation | 5.29% |
| Max drawdown | -5.95% |
| Alpha | 0 |
| Beta | 0 |
Over 5 years, captured 116.8% of NIFTY Long Duration Debt Index's upside and 140.5% of its downside.
Market cap allocation
Concentration
Top holdings
Not disclosed.
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 2.3% | Q4 (Bottom) | #22 of 28 |
| 2025 | 2.7% | Q4 (Bottom) | #26 of 28 |
| 2024 | 11.1% | Q1 (Top) | #4 of 22 |
| 2023 | 7.2% | Q4 (Bottom) | #13 of 16 |