Axis Long Duration Fund Regular Growth

Axis Long Duration Fund Regular Growth is a debt fund. This fund was started on 27 December, 2022. The fund is managed by Hardik Shah, Devang Shah. This fund is suitable to keep your money safe.

1. Axis Long Duration Fund Regular Growth has ₹364 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
2. The fund has an expense ratio 0.8.
   

Axis Long Duration Fund Regular Growth has given a CAGR return of 8.33% since inception. Over the last 1 year the fund has given a CAGR return of 6.17%.

Axis Long Duration Fund Regular Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.36% Govt Stock 2052, 7.34% Govt Stock 2064, 7.25% Govt Stock 2063, 7.3% Govt Stock 2053, SBI - Corporate Debt Market Development Fund (CDMDF) - Class A2

As it is a long duration mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

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. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Axis Long Duration Fund Regular Growth has no lock in period.