Which funds are similar to Axis Long Duration Fund Direct-Growth?
Funds similar to Axis Long Duration Fund Direct-Growth in the Debt: Long Duration category are listed in the Similar Funds tab, selected based on same category and benchmark index.
How does Axis Long Duration Fund Direct-Growth compare to the category average?
The comparison of Axis Long Duration Fund Direct-Growth against the Debt: Long Duration category average — returns, alpha, beta and Sharpe — is shown in the Category vs Scheme Returns section at the top of the Similar Funds tab.
What is the rank of Axis Long Duration Fund Direct-Growth in its category?
The rank of Axis Long Duration Fund Direct-Growth within the Debt: Long Duration category is shown in the Trailing Returns section on the Performance tab and the Similar Funds tab.
What are the alternatives to Axis Long Duration Fund Direct-Growth?
Top alternatives to Axis Long Duration Fund Direct-Growth in the Debt: Long Duration category, sorted by AUM, are listed in the Similar Funds tab. Funds tracking the same benchmark — NIFTY Long Duration Debt Index A-III — are also listed separately.
How does Axis Long Duration Fund Direct-Growth's expense ratio compare to similar funds?
The expense ratio of Axis Long Duration Fund Direct-Growth is 0.33%. Over a 20-year investment, a 0.5% difference in expense ratio on a ₹10 lakh corpus can amount to lakhs in additional wealth creation.
How does Axis Long Duration Fund Direct-Growth's AUM compare to similar funds?
Axis Long Duration Fund Direct-Growth has an AUM of ₹ 216.80 Cr. AUM reflects investor confidence. For small cap funds, very large AUM can limit portfolio flexibility.
Which fund has the best 3-year returns in the Debt: Long Duration category?
The top-performing funds by 3-year returns in the Debt: Long Duration category can be found by sorting the Similar Funds comparison table by the 3Y column.
Is Axis Long Duration Fund Direct-Growth better than index funds in the same category?
Whether Axis Long Duration Fund Direct-Growth beats index funds in the Debt: Long Duration category can be assessed by comparing its trailing returns against the benchmark returns in the Performance tab. Historically, active funds in India have shown mixed results vs index funds — large cap active funds tend to underperform index funds over 10 years, while mid/small cap active managers have often added alpha.
How does Axis Long Duration Fund Direct-Growth rank in risk-adjusted returns vs peers?
Axis Long Duration Fund Direct-Growth has a Sharpe ratio of 0.22. A Sharpe of 0.22 means the fund generates moderate returns per unit of risk. Risk-adjusted comparison across category peers — Sharpe, alpha and beta — is shown in the Alpha, Beta & Sharpe section of the Performance tab.
Are there any funds tracking NIFTY Long Duration Debt Index A-III with lower costs?
Funds tracking the same benchmark as Axis Long Duration Fund Direct-Growth — NIFTY Long Duration Debt Index A-III — are listed in the Similar Funds tab. Compare their expense ratios to find the most cost-efficient option for the same index exposure.
