How to Invest in Axis Long Duration Fund Direct Growth?

You can easily invest in Axis Long Duration Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Axis Long Duration Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Axis Long Duration Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Axis Long Duration Fund Direct Growth provide?

The Axis Long Duration Fund Direct Growth has been there from 27 Dec 2022 and the average annual returns provided by this fund is 2.48% since its inception.

How much expense ratio is charged by Axis Long Duration Fund Direct Growth?

The term Expense Ratio used for Axis Long Duration Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Axis Long Duration Fund Direct Growth is 0.32% as of 18 Jan 2026...

What is the AUM of Axis Long Duration Fund Direct Growth?

The AUM, short for Assets Under Management of Axis Long Duration Fund Direct Growth is ₹276.65Cr as of 18 Jan 2026.

How to Redeem Axis Long Duration Fund Direct Growth?

If you want to sell your Axis Long Duration Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Axis Long Duration Fund Direct Growth?

You can select either SIP or Lumpsum investment of Axis Long Duration Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of Axis Long Duration Fund Direct Growth?

The NAV of Axis Long Duration Fund Direct Growth is ₹1,231.09 as of 16 Jan 2026.

What is the PE and PB ratio of Axis Long Duration Fund Direct Growth?

The PE ratio ratio of Axis Long Duration Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Stocks

Invest in Stocks

Invest in stocks, ETFs, IPOs with fast orders. Track returns on your stock holdings and view real-time P&L on your positions.

Intraday

Monitor top intraday performers in real time

ETF Screener

Get the best of Mutual Funds and flexibility of Stocks

IPO

Track upcoming and ongoing IPOs

MTFs

Buy now, pay later

Stock Screener

Filter based on RSI, PE ratio and more

Stock Events

Dividends, bonus, buybacks and more

Demat Account

Begin your stock market journey

Share Market Today

Live news updates from stock market

F&O

Trade in Futures & Options

Trade in F&O using the terminal. View charts, indicators, track your orders , P&L and watchlists in a single space

Indices

Track markets across the globe

Terminal

Track charts, orders, positions, watchlists in one place

Option chain

Analyse chains, view payoffs, create baskets

Pledge

Get extra balance for trading

Commodities

Trade in Crude Oil, Gold, Silver and more

API trading

Set up and execute trades through our API

Mutual Funds

Invest in Mutual Funds

Invest in direct mutual funds at zero charges via lump sump investments or SIPs

Mutual Fund Houses

Know about AMCs, funds, fund managers

NFO’s

Track all active NFOs in one place

Mutual Funds by Groww

Mutual funds by Groww designed for your investment goals

Start SIP

Build long-term wealth through disciplined monthly investing.

Mutual Funds screener

Filter funds based on risk, fund size and more

Track Funds

Import funds and track all investments in a single place

Compare Funds

SIP calculator

Estimate returns on a SIP

Brokerage calculator

Estimate charges for your trade/investment

Margin calculator

Estimate balance needed to buy/sell a stock

SWP calculator

Returns on your systematic withdrawal plan

Pricing

Brokerage and charges on Groww

Blog

Axis Long Duration Fund Direct Growth

Name: Axis Long Duration Fund Direct Growth
Brand: Axis Mutual Fund

Debt

Long Duration

Moderate Risk

+6.69%

3Y annualised

-0.19% 1D

All

NAV: 16 Jan '26

₹1,231.09

Min. SIP amount

₹1,000

Fund size

₹276.65 Cr

Expense ratio

0.32%

Return calculator

Monthly SIP

One time

Monthly investment

₹5,000

Over the past	Total investment	Would've become	Historic returns	Returns
1 year	₹60,000	₹59,840		-0.27%
3 years	₹1,80,000	₹1,93,663		+7.59%

Holdings (6)

Name	Sector	Instruments	Assets
GOI	Sovereign	GOI Sec	35.05%
GOI	Sovereign	GOI Sec	23.20%
GOI	Sovereign	GOI Sec	17.49%
GOI	Sovereign	GOI Sec	10.60%
GOI	Sovereign	GOI Sec	9.01%
GOI	Sovereign	GOI Sec	1.03%

Minimum investments

Min. for 1st investment

₹5,000

Min. for 2nd investment

₹1,000

Min. for SIP

₹1,000

Returns and rankings

Annualised returns

Absolute returns

Name	6M	1Y	3Y	All
Fund returns	-1.3%	+2.5%	+6.7%	+7.0%
Category average (Debt Long Duration)	+0.4%	+3.7%	+7.4%	--
Rank (Debt Long Duration)	--	9	5	--

Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

Returns are taxed as per your Income Tax slab.

Check past data

Fund management

DS
Devang Shah
Dec 2022 - Present
View details

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.

Also manages these schemes

Axis Credit Risk Fund Direct Growth

Axis Retirement Fund Aggressive Plan Direct Growth

Axis Retirement Fund Dynamic Plan Direct Growth

Axis Dynamic Bond Fund Direct Growth

Axis Retirement Fund Conservative Plan Direct Growth

Axis Corporate Bond Fund Direct Growth

Axis Money Market Fund Direct Growth

Axis Gilt Fund Direct Plan Growth

Axis Multi Asset Active FoF Direct Growth

Axis Equity Savings Fund Direct Growth

Axis Children's Fund Direct Compulsory Lock In Growth

Axis Children's Fund Direct No Lock In Growth

Axis Liquid Direct Fund Growth

Axis Balanced Advantage Fund Direct Growth

Axis Long Duration Fund Direct Growth

Axis Arbitrage Fund Direct Growth

Axis Income Plus Arbitrage Active FoF Direct Growth

Axis Multi Asset Allocation Direct Plan Growth

Axis Conservative Hybrid Fund Direct Growth

Axis Income Plus Arbitrage Passive FoF Direct Growth

Axis Aggressive Hybrid Fund Direct Growth

Axis Short Duration Fund Direct Growth

Axis Strategic Bond Fund Direct Growth

Axis Treasury Advantage Fund Direct Growth

HS
Hardik Shah
Dec 2022 - Present
View details

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.

Also manages these schemes

Axis Retirement Fund Aggressive Plan Direct Growth

Axis Retirement Fund Dynamic Plan Direct Growth

Axis Dynamic Bond Fund Direct Growth

Axis Retirement Fund Conservative Plan Direct Growth

Axis CRISIL IBX SDL May 2027 Index Fund Direct Growth

Axis CRISIL IBX SDL June 2034 Debt Index Fund Direct Growth

Axis Corporate Bond Fund Direct Growth

Axis CRISIL IBX 50:50 Gilt Plus SDL Jun 2028 Index Fund Direct Growth

Axis Equity Savings Fund Direct Growth

Axis Banking & PSU Debt Direct Plan Growth

Axis Children's Fund Direct Compulsory Lock In Growth

Axis Children's Fund Direct No Lock In Growth

Axis Balanced Advantage Fund Direct Growth

Axis Ultra Short Duration Fund Direct Growth

Axis Long Duration Fund Direct Growth

Axis Income Plus Arbitrage Active FoF Direct Growth

Axis Multi Asset Allocation Direct Plan Growth

Axis Floater Fund Direct Growth

About Axis Long Duration Fund Direct Growth

Axis Long Duration Fund Direct Growth is a Debt Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 04 Sep 2009. Devang Shah is the Current Fund Manager of Axis Long Duration Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹3,54,746 Cr and the Latest NAV as of 16 Jan 2026 is ₹1,231.09. The Axis Long Duration Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000. ;

Investment Objective

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 benchmarkNIFTY Long Duration Debt Index A-III

Scheme Information Document(SID)