A common goal many investors share is to invest their money for an extended period of time in a way that helps them minimize risk and earn stable returns. Among the various investment options available, long duration mutual funds can help investors preserve capital while remaining invested for an extended period. Read on as we take a look at the best long duration mutual funds, what they are, and key factors to consider while investing in them.
A long duration mutual fund is a debt mutual fund that invests in various debt securities with a maturity period of over 5-7 years. These funds primarily invest in government securities, corporate bonds, and high-rated non-convertible debentures.
The primary goal of a long duration mutual fund is to invest in secure debt instruments with a more extended maturity period to protect the invested capital from interest rate fluctuations and business cycles. Moreover, these funds perform well when interest rates are expected to decline or remain low, as bond prices rise with a decline in interest rates. This allows long duration funds to strike a balance between stability and returns in the long run.
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| Fund Name | Category | Risk | NAV | Expense Ratio | 1Y Returns | 3Y Returns | 5Y Returns | Rating | Fund Size (in Cr) | Exit Load |
|---|---|---|---|---|---|---|---|---|---|---|
Aditya Birla Sun Life Long Duration Fund | Debt | Moderate | 13.08 | 0.43 | 5.7% | 8.6% | NA | -- | ₹159 | - |
Nippon India Nivesh Lakshya Long Duration Fund | Debt | Moderate | 18.33 | 0.33 | 5.0% | 8.6% | 5.9% | -- | ₹9,562 | - |
ICICI Prudential Long Term Bond Fund | Debt | Moderate | 98.96 | 0.43 | 6.5% | 8.4% | 5.3% | -- | ₹1,100 | - |
Mirae Asset Long Duration Fund | Debt | Moderate | 10.31 | 0.15 | NA | NA | NA | -- | ₹30 | - |
Bandhan Long Duration Fund | Debt | Moderate | 11.05 | 0.31 | 3.5% | NA | NA | -- | ₹143 | - |
HDFC Long Duration Debt Fund | Debt | Moderate | 12.27 | 0.3 | 3.4% | NA | NA | -- | ₹5,296 | - |
Kotak Long Duration Fund | Debt | Moderate | 11.00 | 0.34 | 3.7% | NA | NA | -- | ₹149 | - |
Franklin India Long Duration Fund | Debt | Moderate | 10.53 | 0.35 | NA | NA | NA | -- | ₹30 | - |
Axis Long Duration Fund | Debt | Moderate | 1,233.68 | 0.32 | 3.1% | NA | NA | -- | ₹267 | - |
SBI Long Duration Fund | Debt | Moderate | 12.48 | 0.3 | 3.9% | NA | NA | -- | ₹2,380 | - |
UTI Long Duration Fund | Debt | Moderate | 12.06 | 0.63 | 2.7% | NA | NA | -- | ₹97 | - |
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Fund Performance: The Aditya Birla Sun Life Long Duration Fund comes under the Debt category of Aditya Birla Sun Life Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in Aditya Birla Sun Life Long Duration Fund via lump sum is ₹100 and via SIP is ₹500.
| Min Investment Amt | ₹100 |
|---|---|
| AUM | ₹159Cr |
| 1Y Returns | 5.7% |
Fund Performance: The Nippon India Nivesh Lakshya Long Duration Fund has given 8.61% annualized returns in the past three years and 5.92% in the last 5 years. The Nippon India Nivesh Lakshya Long Duration Fund comes under the Debt category of Nippon India Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in Nippon India Nivesh Lakshya Long Duration Fund via lump sum is ₹5,000 and via SIP is ₹100.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹9,562Cr |
| 1Y Returns | 5.0% |
Fund Performance: The ICICI Prudential Long Term Bond Fund has given 8.36% annualized returns in the past three years and 5.28% in the last 5 years. The ICICI Prudential Long Term Bond Fund comes under the Debt category of ICICI Prudential Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Long Term Bond Fund via lump sum is ₹5,000 and via SIP is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹1,100Cr |
| 1Y Returns | 6.5% |
Fund Performance: The Mirae Asset Long Duration Fund comes under the Debt category of Mirae Asset Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in Mirae Asset Long Duration Fund via lump sum is ₹5,000 and via SIP is ₹99.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹30Cr |
| 1Y Returns | NA |
Fund Performance: The Bandhan Long Duration Fund comes under the Debt category of Bandhan Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in Bandhan Long Duration Fund via lump sum is ₹1,000 and via SIP is ₹100.
| Min Investment Amt | ₹1,000 |
|---|---|
| AUM | ₹143Cr |
| 1Y Returns | 3.5% |
Fund Performance: The HDFC Long Duration Debt Fund comes under the Debt category of HDFC Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in HDFC Long Duration Debt Fund via lump sum is ₹100 and via SIP is ₹100.
| Min Investment Amt | ₹100 |
|---|---|
| AUM | ₹5,296Cr |
| 1Y Returns | 3.4% |
Fund Performance: The Kotak Long Duration Fund comes under the Debt category of Kotak Mahindra Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in Kotak Long Duration Fund via lump sum is ₹100 and via SIP is ₹100.
| Min Investment Amt | ₹100 |
|---|---|
| AUM | ₹149Cr |
| 1Y Returns | 3.7% |
Fund Performance: The Franklin India Long Duration Fund comes under the Debt category of Franklin Templeton Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in Franklin India Long Duration Fund via lump sum is ₹5,000 and via SIP is ₹500.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹30Cr |
| 1Y Returns | NA |
Fund Performance: The Axis Long Duration Fund comes under the Debt category of Axis Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in Axis Long Duration Fund via lump sum is ₹5,000 and via SIP is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹267Cr |
| 1Y Returns | 3.1% |
Fund Performance: The SBI Long Duration Fund comes under the Debt category of SBI Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in SBI Long Duration Fund via lump sum is ₹5,000 and via SIP is ₹500.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹2,380Cr |
| 1Y Returns | 3.9% |
Fund Performance: The UTI Long Duration Fund comes under the Debt category of UTI Mutual Funds.
Minimum Investment Amount: The minimum amount required to invest in UTI Long Duration Fund via lump sum is ₹5,000 and via SIP is ₹500.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹97Cr |
| 1Y Returns | 2.7% |
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