Should I invest in Axis Long Duration Fund - Monthly IDCW?

We don't give personal investment advice. Axis Long Duration Fund - Direct Plan - Monthly IDCW is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding.

Axis

Axis Long Duration Fund - Direct Plan - Monthly IDCW

Latest NAV

₹1,023.7535

As of

17 Jul 2026

864 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-0.24%	-0.21%	-0.03	15 / 23	Q3
1W	-0.77%	-0.48%	-0.30	22 / 23	Q4
2W	-0.76%	-0.40%	-0.36	22 / 23	Q4
1M	-0.07%	+1.34%	-1.41	22 / 23	Q4
3M	+0.79%	+2.63%	-1.84	22 / 23	Q4
6M	+1.15%	+1.77%	-0.62	18 / 23	Q4
YTD	+0.22%	+1.08%	-0.87	19 / 23	Q4
1Y	-2.34%	-0.18%	-2.16	19 / 23	Q4
2Y	-0.83%	+1.57%	-2.40	18 / 21	Q4
3Y	-0.33%	+2.10%	-2.43	15 / 17	Q4
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+0.61%	+3.48%	-2.88	20 / 23	Q4

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+0.22%	+1.11%	-0.89	17 / 21
2025	-2.94%	+1.47%	-4.41	20 / 21
2024	+5.01%	+6.31%	-1.30	9 / 16
2023	+0.14%	+2.88%	-2.74	11 / 12
2022	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+0.00%

32 windows

min -8.5% · max 6.9%

56% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

-0.59%

7 windows

min -1.9% · max 0.1%

14% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

—

Insufficient history

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

4.84%

3-year · annualised

Sharpe ratio

-1.36

vs risk-free 6.5%

Sortino ratio

-1.77

Downside-only deviation

Max drawdown

-10.08%

May 2025 → Apr 2026

% positive months

58.3%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Long Duration Fund

Scheme	Fund house	NAV	As of
HDFC Long Duration Debt Fund - IDCW Option - Direct Plan	HDFC	₹10.5476	17 Jul 2026
NIPPON INDIA NIVESH LAKSHYA LONG DURATION FUND - DIRECT Plan - QUARTERLY IDCW Option	Nippon India	₹11.7263	17 Jul 2026
SBI Long Duration Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹12.8144	17 Jul 2026
ICICI Prudential Long Term Bond Fund - Direct Plan - Quarterly IDCW	ICICI Prudential	₹12.8058	17 Jul 2026
Bandhan Long Duration Fund - Direct Plan - IDCW	Bandhan	₹10.6067	17 Jul 2026
Aditya Birla Sun Life Long Duration Fund-Direct IDCW Payout	Aditya Birla Sun Life	₹10.9982	17 Jul 2026
Franklin India Long Duration Fund - Direct - IDCW	Franklin India	₹10.5234	17 Jul 2026
Mirae Asset Long Duration Fund - Direct Plan - IDCW	Mirae Asset	₹10.5910	17 Jul 2026
Kotak Long Duration Fund - Direct Plan - IDCW	Kotak	₹11.3290	17 Jul 2026
UTI Long Duration Fund - Direct Plan - Annual IDCW Option	UTI	₹11.4228	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹1,023.7535
16 Jul 2026	₹1,026.2204
15 Jul 2026	₹1,024.3420
14 Jul 2026	₹1,023.3796
13 Jul 2026	₹1,029.7310
10 Jul 2026	₹1,031.7450
9 Jul 2026	₹1,028.9960
8 Jul 2026	₹1,027.4669
7 Jul 2026	₹1,032.6317
6 Jul 2026	₹1,032.9792

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of Axis Long Duration Fund - Direct Plan - Monthly IDCW is ₹1,023.7535. It's a Long Duration Fund from Axis, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Axis Long Duration Fund - Direct Plan - Monthly IDCW has NAV history starting from 30 Dec 2022, a track record of about 3 years 6 months. It's a relatively new scheme. With under 5 years of NAVs, peer comparison is the best yardstick — point-to-point returns can be skewed by entry timing.

Axis Long Duration Fund - Direct Plan - Monthly IDCW is managed by Axis. It's classified by AMFI under the 'Long Duration Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Axis Long Duration Fund - Direct Plan - Monthly IDCW has delivered a absolute return of -2.34% — -2.16 pp behind the Long Duration Fund category average of -0.18%. The fund ranks #19 of 23 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Axis Long Duration Fund - Direct Plan - Monthly IDCW has delivered a CAGR of -0.33% — -2.43 pp behind the Long Duration Fund category average of 2.10%. The fund ranks #15 of 17 in its category — the bottom (Q4) quartile.

Axis Long Duration Fund - Direct Plan - Monthly IDCW doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

₹1 lakh invested in Axis Long Duration Fund - Direct Plan - Monthly IDCW exactly 3 years ago would be worth approximately ₹99,018 today — a multiplier of 0.99×, based on the 3-year CAGR of -0.33%. The category average over the same window would have grown ₹1 lakh to ₹106,432.

A ₹10,000 monthly SIP in Axis Long Duration Fund - Direct Plan - Monthly IDCW over the last 3 years — total invested ₹360,000 — would be worth ₹356,885 today. That's an XIRR (money-weighted annualised return) of -0.56%.

Axis Long Duration Fund - Direct Plan - Monthly IDCW doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹356,885 — XIRR -0.56%.

On a 3-year basis, Axis Long Duration Fund - Direct Plan - Monthly IDCW ranks #15 out of 17 funds in the Long Duration Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 2.10%; this fund delivered -0.33%.

The worst peak-to-trough decline Axis Long Duration Fund - Direct Plan - Monthly IDCW has experienced over the last 3-year window is 10.08% — its NAV fell from a high on 16 May 2025 to a low on 02 Apr 2026. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 3-year rolling windows, Axis Long Duration Fund - Direct Plan - Monthly IDCW averaged -0.59% (best 0.05%, worst -1.92%). 14% of rolling windows ended positive. The 3-year Sharpe ratio is -1.36 — negative risk-adjusted performance.

In calendar year 2025, Axis Long Duration Fund - Direct Plan - Monthly IDCW returned -2.94% — lagging the Long Duration Fund category average of 1.47% by 4.41 pp. It ranked #20 of 21 in its category that year.

Axis Long Duration Fund - Direct Plan - Monthly IDCW is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. Axis Long Duration Fund - Direct Plan - Monthly IDCW is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.