MonitorDirect · GrowthWatch before adding
Axis Long Term Fund
Axis Mutual FundIncome/Debt Oriented Schemes - Long Term Fund3.8 years
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.
- NAV
- 1,235.15
- 27 Oct 2026
- 1Y
- -0.5%
- Trailing CAGR
- AUM
- ₹154.44 Cr
- 30 Sept 2026
- Volatility
- Low
- 4.0% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 27 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Prefer peers if · Prefer SBI Long Term Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Watch
3.8 years - usable, still building a track record.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.33% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -5.6%. Ask whether you can hold through a similar fall.
Vs category
Fail
0% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Pass
Devang Shah · 3.9 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 100.0% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-0.5%
- 3Y+5.4%
- 5Yn/a
- 10Yn/a
- SI+5.6%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-1.5%
- 3Y+2.2%
- 5Yn/a
- 10Yn/a
- Since inception
- +5.6%
- Calendar-day CAGR
- Excess 1Y
- +0.1%
- Category median, same plan and option
- 3Y win rate
- 0%
- Windows beating the median
- 3Y percentile
- 17
- Vs comparable share classes
- SIP 3Y XIRR
- +2.2%
- Simulated monthly SIP
- Worst rolling 3Y
- +4.7%
- 203 daily-ending windows
- Median rolling 3Y
- +6.2%
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -5.6%
- Worst peak-to-trough
- Current
- -4.0%
- Below last peak
- Current spell
- 74 days
- Days below latest peak
- Time below peak
- +83%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 8 days
- 55 recovered episodes
- Longest recovery
- 84 days
- Trough to prior peak
16 May 2025 – 25 Jun 2026
Trough 2 Apr 2026 · recovered in 84 days
-5.6%
14 Aug 2026 – open
Trough 23 Oct 2026 · not recovered
-4.1%
14 Sept 2023 – 16 Nov 2023
Trough 9 Oct 2023 · recovered in 38 days
-2.0%
16 May 2023 – 29 Aug 2023
Trough 10 Jul 2023 · recovered in 50 days
-1.7%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
17
Vs category
51
Consistency
18
Risk-adjusted
23
Drawdown
86
Mean
39
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
- Three-year return sits below the 25th percentile of comparable share classes.
- Risk-adjusted return (Sharpe) is negative over the available daily history.
Supporting reads
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 9 holdings · top 10 are 100.0%.
- Top 5
- 92.3%
- Top 10
- 100.0%
- Largest holding
- 22.9%
- Effective holdings
- 5.4
GOVERNMENT OF INDIA 34238 GOI 22AP64 7.34 FV RS 100
Entities
22.9%
GOVERNMENT OF INDIA 33002 GOI 12JU63 7.25 FV RS 100
Entities
21.3%
GOI Sec 7.36 12/09/2052
Entities
20.7%
GOVERNMENT OF INDIA 34733 GOI 05AG54 7.09 FV RS 100
Entities
18.2%
GOVERNMENT OF INDIA 36320 GOI 18AG55 7.24 FV RS 100
Entities
9.2%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
SBI Long Term Fund
SBI Mutual Fund
- 1Y
- +0.3%
- 3Y
- +6.0%
- Vol
- 3.7%
- Max DD
- -4.4%
- Sharpe
- 0.08
- 3Y win
- +80%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Aditya Birla Sun Life Long Term Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +0.5%
- 3Y
- +6.3%
- Vol
- 3.1%
- Max DD
- -3.3%
- Sharpe
- 0.28
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
BANDHAN LONG TERM FUND
Bandhan Mutual Fund
- 1Y
- +1.1%
- 3Y
- n/a
- Vol
- 4.0%
- Max DD
- -4.6%
- Sharpe
- -0.34
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
Franklin India Long Term Fund
Franklin Templeton Mutual Fund
- 1Y
- +1.7%
- 3Y
- n/a
- Vol
- 3.4%
- Max DD
- -4.3%
- Sharpe
- -0.55
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
HDFC Long Term Fund
HDFC Mutual Fund
- 1Y
- -1.0%
- 3Y
- +5.6%
- Vol
- 4.2%
- Max DD
- -6.0%
- Sharpe
- -0.06
- 3Y win
- +11%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown