AXIS Long Duration Fund - Direct (G)


Long Duration Fund
SIP Lumpsum
  • NAV 1201.23 (-0.42%)
  • Fund Size (Cr) ₹510.21
  • Expense Ratio 0.26
  • Scheme Type Active Fund
  • Value Research Stars
SIP Lumpsum
  • Minimum investment ₹5000
  • Minimum Additional Investment ₹1000
  • Minimum SIP Investment ₹1000
  • Minimum Withdrawal ₹0
  • Exit Load 0%
  • Return Since Launch 9.95%

Basic Details

Scheme Manager
Devang Shah
Bench Mark
NIFTY Long Duration Debt Index A-III
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 11-Dec-24
  • 10013.68
  • 0.14%
  • -
  • 0.17%
  • 45/64
  • 1 Month
  • 18-Nov-24
  • 10109.98
  • 1.10%
  • -
  • 1.06%
  • 19/56
  • 3 Month
  • 17-Sep-24
  • 10131.71
  • 1.32%
  • -
  • 1.36%
  • 24/56
  • 6 Month
  • 18-Jun-24
  • 10462.09
  • 4.62%
  • -
  • 4.62%
  • 28/55
  • 1 Year
  • 18-Dec-23
  • 11159.70
  • 11.60%
  • 11.60%
  • 11.16%
  • 11/47
  • 3 Year
  • -
  • -
  • -
  • -
  • -
  • -/-
  • 5 Year
  • -
  • -
  • -
  • -
  • -
  • -/-
  • Since Inception
  • 27-Dec-22
  • 12063.06
  • 20.63%
  • 9.95%
  • 7.61%
  • 8/64

Note: Lumpsum Returns since Inception Date.

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 01-Jan-24
  • 120000
  • 125504.10
  • 4.59%
  • 4.59%
  • 3 Year
  • -
  • -
  • -
  • -
  • -
  • 5 Year
  • -
  • -
  • -
  • -
  • -
  • 10 Year
  • -
  • -
  • -
  • -
  • -

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

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Risk Ratios

  • Standard Deviation
    1.00%
  • Beta
    0.08%
  • Sharpe Ratio
    0.73%
  • Treynor’s Ratio
    0.71%
  • Jension’s Alpha
    1.88%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • GSEC2052
  • 35.3%
  • 17300000
  • 180.11
  • Govt. Securities
  • Govt. Securities
  • GSEC2064
  • 31.05%
  • 15225300
  • 158.39
  • Govt. Securities
  • Govt. Securities
  • GSEC2063
  • 21.1%
  • 10500000
  • 107.64
  • Govt. Securities
  • Govt. Securities
  • GSEC2054
  • 7.91%
  • 4000000
  • 40.35
  • Govt. Securities
  • Govt. Securities
  • GSEC2053
  • 1.6%
  • 785800
  • 8.14
  • Govt. Securities
  • Govt. Securities
  • C C I
  • 1.16%
  • 0
  • 5.92
  • Reverse Repo
  • Debt Others
  • Net CA & Others
  • 1.74%
  • 0
  • 8.86
  • Net CA & Others
  • Debt Others
  • SBI - CDMDF - Class A2
  • 0.15%
  • 749
  • 0.78
  • Alternative Investment Fund (AIF)
  • Debt Others

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • AXIS Long Duration Fund - Direct (G)
  • Stars
  • 510.21
  • 1.10%
  • 1.32%
  • 4.62%
  • 11.60%
  • -
  • AXIS Long Duration Fund - Direct (IDCW-Q)
  • Stars
  • 510.21
  • 1.10%
  • 1.96%
  • 5.28%
  • 12.31%
  • -
  • HDFC Long Duration Debt Fund - Direct (IDCW)
  • Stars
  • 5483.07
  • 1.09%
  • 1.26%
  • 4.70%
  • 12.00%
  • -
  • SBI Long Duration Fund - Direct (IDCW)
  • Stars
  • 2668.85
  • 1.01%
  • 1.24%
  • 4.67%
  • 11.81%
  • -
  • SBI Long Duration Fund - Direct (G)
  • Stars
  • 2668.85
  • 1.01%
  • 1.24%
  • 4.67%
  • 11.81%
  • -
  • HDFC Long Duration Debt Fund - Direct (G)
  • Stars
  • 5483.07
  • 1.09%
  • 1.26%
  • 4.70%
  • 11.80%
  • -

News

  • Axis MF announces change in Fund Manager of the following schemes Axis Mutual Fund has announced change in Fund Managers of the following schemes with effect from: 16 December 2024

    Change in Fund Managers of the Schemes:

    Scheme Name Existing Fund Manager(s) Proposed Fund Manager(s)
    Axis Focused Fund Mr. Sachin Relekar
    Mr. Hitesh Das
    Ms. Krishnaa N (For Foreign Securities)     		Mr. Sachin Relekar
    Ms. Krishnaa N (For Foreign Securities)
    Axis Flexi Cap Fund Mr. Sachin Relekar
    Mr. Hitesh Das
    Ms. Krishnaa N (For Foreign Securities)     		Mr. Sachin Relekar
    Ms. Krishnaa N (For Foreign Securities)
    Axis Multicap Fund Mr. Nitin Arora
    Mr. Shreyash Devalkar
    Mr. Hitesh Das
    Mr. Sachin Jain     		Mr. Nitin Arora
    Mr. Shreyash Devalkar
    Mr. Hitesh Das
    Axis Arbitrage Fund Mr. Karthik Kumar
    Mr. Devang Shah
    Mr. Sachin Jain
    Mr. Ashish Naik     		Mr. Karthik Kumar
    Mr. Devang Shah
    Mr. Sachin Jain
    Axis Balanced Advantage Fund Mr. Jayesh Sundar
    Mr. Ashish Naik
    Mr. Devang Shah
    Mr. Hardik Shah     		Mr. Jayesh Sundar
    Mr. Devang Shah
    Mr. Hardik Shah
    Axis Aggressive Hybrid Fund Mr. Jayesh Sundar
    Mr. Ashish Naik
    Mr. Devang Shah
    Mr. Aditya Pagaria     		Mr. Jayesh Sundar
    Mr. Devang Shah
    Mr. Aditya Pagaria
    Ms. Krishnaa N (For Foreign Securities)
    Axis Multi Asset Allocation Fund Mr. Jayesh Sundar
    Mr. Ashish Naik
    Mr. Devang Shah
    Mr. Hardik Shah
    Mr. Aditya Pagaria     		Mr. Ashish Naik
    Mr. Devang Shah
    Mr. Hardik Shah
    Mr. Aditya Pagaria
    Ms. Krishnaa N (For Foreign Securities)
    Axis Innovation Fund Mr. Ashish Naik
    Mr. Mayank Hyanki
    Ms. Krishnaa N (For Foreign Securities)     		Mr. Ashish Naik
    Ms. Krishnaa N (For Foreign Securities)
    Axis ESG Integration Strategy Fund Mr. Shreyash Devalkar
    Mr. Vishal Agarwal
    Mr. Hitesh Das
    Ms. Krishnaa N (For Foreign Securities)     		Mr. Vishal Agarwal
    Mr. Hitesh Das
    Ms. Krishnaa N (For Foreign Securities)
    Axis Quant Fund Mr. Karthik Kumar
    Mr. Ashish Naik
    Ms. Krishnaa N (For Foreign Securities)     		Mr. Karthik Kumar
    Ms. Krishnaa N (For Foreign Securities)
    Axis Equity Savings Fund Mr. Mayank Hyanki
    Mr. Hitesh Das
    Mr. Devang Shah
    Mr. Hardik Shah     		Mr. Mayank Hyanki
    Mr. Devang Shah
    Mr. Hardik Shah
    Ms. Krishnaa N (For Foreign Securities)
    Axis NIFTY 100 Index Fund Mr. Ashish Naik
    Mr. Karthik Kumar     		Mr. Karthik Kumar
    Axis Children's Fund Mr. Jayesh Sundar
    Mr. Ashish Naik
    Mr. Devang Shah
    Mr. Hardik Shah     		Mr. Jayesh Sundar
    Mr. Devang Shah
    Mr. Hardik Shah
    Ms. Krishnaa N (For Foreign Securities)
    Axis Retirement Fund - Aggressive Plan ,
    and Dynamic Plan and Conservative Plan     		Mr. Jayesh Sundar
    Mr. Nitin Arora
    Mr. Devang Shah
    Mr. Hardik Shah
    Ms. Krishnaa N (For Foreign Securities)     		Mr. Jayesh Sundar
    Mr. Devang Shah
    Mr. Hardik Shah
    Ms. Krishnaa N (For Foreign Securities)
    Axis Conservative Hybrid Fund Mr. Devang Shah
    Mr. Sachin Jain
    Mr. Jayesh Sundar Mr. Ashish Naik Ms. Krishnaa N (For Foreign Securities)     		Mr. Devang Shah
    Mr. Sachin Jain
    Mr. Jayesh Sundar
    Ms. Krishnaa N (For Foreign Securities)
    Axis Value Fund Mr. Nitin Arora
    Mr. Sachin Relekar
    Ms. Krishnaa N (For Foreign Securities)     		Mr. Nitin Arora
    Ms. Krishnaa N (For Foreign Securities)
    Axis NIFTY 50 Index Fund Mr. Karthik Kumar
    Mr. Hitesh Das     		Mr. Karthik Kumar
    Axis NIFTY 50 ETF Mr. Ashish Naik
    Mr. Karthik Kumar     		Mr. Karthik Kumar
    Axis NIFTY Next 50 Index Fund Mr. Karthik Kumar
    Mr. Sachin Relekar     		Mr. Karthik Kumar
    Axis NIFTY Bank ETF Mr. Karthik Kumar
    Mr. Ashish Naik     		Mr. Karthik Kumar
    Axis Nifty Smallcap 50 Index Fund Mr. Karthik Kumar
    Mr. Mayank Hyanki     		Mr. Karthik Kumar
    Axis Nifty Midcap 50 Index Fund Mr. Karthik Kumar
    Mr. Mayank Hyanki     		Mr. Karthik Kumar
    Axis NIFTY IT ETF Mr. Karthik Kumar
    Mr. Hitesh Das     		Mr. Karthik Kumar
    Axis NIFTY Healthcare ETF Mr. Karthik Kumar
    Mr. Shreyash Devalkar     		Mr. Karthik Kumar
    Axis Equity ETFs FoF Mr. Karthik Kumar
    Mr. Shreyash Devalkar     		Mr. Karthik Kumar
    Axis NIFTY India Consumption ETF Mr. Ashish Naik
    Mr. Karthik Kumar     		Mr. Karthik Kumar
    Axis Business Cycles Fund Mr. Ashish Naik
    Mr. Mayank Hyanki     		Mr. Ashish Naik
    Axis BSE SENSEX ETF Mr. Karthik Kumar
    Mr. Ashish Naik     		Mr. Karthik Kumar
    Axis Nifty IT Index Fund Mr. Hitesh Das
    Mr. Karthik Kumar     		Mr. Karthik Kumar
    Axis BSE Sensex Index Fund Mr. Karthik Kumar
    Mr. Ashish Naik     		Mr. Karthik Kumar
    Axis Nifty Bank Index Fund Mr. Karthik Kumar
    Mr. Ashish Naik     		Mr. Karthik Kumar
    Axis Nifty 500 Index Fund Mr. Karthik Kumar
    Mr. Sachin Relekar     		Mr. Karthik Kumar
    Axis Nifty500 Value 50 Index Fund Mr. Karthik Kumar
    Mr. Hitesh Das     		Mr. Karthik Kumar

    Powered by Capital Market - Live News

  • Axis Mutual Fund announces change in scheme name Axis Mutual Fund has announced change in scheme name under the following scheme, With effect from 05 December 2024

    Change in the name of the Scheme:

    Existing Scheme name Revised Name
    Axis CRISIL-IBX AAA NBFC Index ' Jun 2027 Fund Axis CRISIL-IBX AAA Bond NBFC ' Jun 2027 Index Fund

    Powered by Capital Market - Live News

  • Axis Mutual Fund launches Momentum fund Axis Mutual Fund has launched the Axis Momentum Fund, a new open-ended equity scheme that aims to capitalize on the momentum investing strategy. The New Fund Offer (NFO) is open for subscription until 6 December 2024.

    The fund seeks to generate long-term capital appreciation by investing in equity and equity-related securities exhibiting strong price momentum. It will be benchmarked against the NIFTY 500 TRI and managed by experienced fund managers Karthik Kumar and Mayank Hyanki.

    The minimum investment amount is Rs 100, with subsequent investments in multiples of Rs 1. An exit load of 1% applies to redemptions within 12 months, excluding the first 10% of the investment.

    Momentum investing, a globally recognized strategy, focuses on stocks with strong upward trends. Unlike value investing, it prioritizes price momentum over valuation metrics.

    The Axis Momentum Fund employs a structured, model-based approach to select stocks with strong momentum. Historically, this strategy has outperformed benchmarks over the long term. Over the past 15 years, the strategy has outperformed its benchmark 12 times, with an average outperformance of 6.62%. On a three-year rolling return basis, it has delivered positive returns 96% of the time, with a significant edge over the benchmark in nearly 77% of instances in the last 11 years.

    The fund aims to invest in a portfolio of high-performing stocks, actively managed to align with momentum trends. Up to 20% of the portfolio may be allocated outside the momentum theme based on market opportunities and strategic considerations.

    The fund's active management approach enables the fund manager to control exposure to factors like sector/stock concentration, market cap skewness, liquidity risk, etc., within the portfolio. This helps manage volatility, which is traditionally higher in momentum strategies.

    The fund selects stocks based on price momentum trends, optimizing the portfolio considering factors like composite rank, risk, and portfolio constraints. Stocks are screened for data availability, liquidity, and red flags before inclusion.

    By incorporating a dynamic, rule-based approach, the fund actively manages risks, ensuring controlled volatility despite the inherent nature of momentum strategies.

    For investors with the appropriate risk appetite and a long-term investment horizon, the Axis Momentum Fund offers an opportunity to capitalize on market trends and high-performing stocks. By combining robust data analysis with active management, the fund aims to provide consistent outperformance.

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 07-Dec-2022
  • Total AUM (Cr) ₹510.20

AXIS Long Duration Fund - Direct (G) is an Long Duration Fund-oriented fund from the renowned AMC, Axis Mutual Fund. Launched in Dec 2022, this fund is managed by Devang Shah. With assets under management (AUM) worth ₹510.20 (Cr), as of 19-Dec-2024, AXIS Long Duration Fund - Direct (G) is categorized as a Long Duration Fund within its segment. The fund has generated a return of 9.95% since its launch.
The current NAV of AXIS Long Duration Fund - Direct (G) is ₹1201.23, as on 19-Dec-2024. The fund’s benchmark index is NIFTY Long Duration Debt Index A-III. You can invest in AXIS Long Duration Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹1000 while the minimum lumpsum investment is ₹5000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Exit load is not applicable
The fund has generated - and - CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments , 98.12% in Debt and 1.89% in cash and cash equivalents

FAQs on AXIS Long Duration Fund - Direct (G)

AXIS Long Duration Fund - Direct (G) is a popular fund in the Long Duration Fund segment. The fund has generated a return of 9.95% since inception. Looking to invest in AXIS Long Duration Fund - Direct (G)? How about earning 1% extra return? All this is possible with m.Stock! Investing in AXIS Long Duration Fund - Direct (G) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, AXIS Long Duration Fund - Direct (G)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in AXIS Long Duration Fund - Direct (G) today and reap the benefits of this Long Duration Fund fund!

In the short term, i.e., 1 year, AXIS Long Duration Fund - Direct (G) has generated annualised return of 11.60%. In the long-term, the fund has generated - and - in 3 and 5 years respectively. Since its inception, the fund has generated 9.95% returns.

The expense ratio of AXIS Long Duration Fund - Direct (G) Direct Growth is 0.26%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of AXIS Long Duration Fund - Direct (G) is ₹510.20 (Cr) as of 19 December 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of AXIS Long Duration Fund - Direct (G) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from AXIS Long Duration Fund - Direct (G):

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case AXIS Long Duration Fund - Direct (G)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in AXIS Long Duration Fund - Direct (G). Minimum lumpsum investment AXIS Long Duration Fund - Direct (G) is ₹5000 and minimum SIP amount is ₹1000. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of AXIS Long Duration Fund - Direct (G) is ₹1201.23 as on 19 December 2024.

The 5 biggest stock holdings of AXIS Long Duration Fund - Direct (G) are:
GSEC2052 (35.3%), GSEC2064 (31.05%), GSEC2063 (21.1%), GSEC2054 (7.91%), GSEC2053 (1.6%)

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