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CATEGORY

Best Long Duration mutual funds

11 funds in this category, ranked by 3-year rolling CAGR.

#Fund3Y CAGRAMCAUM
#1ICICI Prudential Long Term Fund8.3%ICICI Prudential Asset Management Company Limited₹800.778 Cr
#2Aditya Birla Sun Life Long Term Fund-Direct Growth7.7%Aditya Birla Sun Life AMC Limited₹86.523 Cr
#3Nippon India Nivesh Lakshya Long Term Fund-6.9%Nippon Life India Asset Management Limited₹5,699.409 Cr
#4SBI Long Term Fund6.5%SBI Funds Management Limited₹1,235.635 Cr
#5Axis Long Duration Fund6.2%Axis Asset Management Co. Ltd.₹150.017 Cr
#6HDFC Long Term Fund6.1%HDFC Asset Management Company Limited₹2,524.768 Cr
#7UTI Long Term Fund5.6%UTI Asset Mgmt. Co. Ltd.₹59.547 Cr

Not yet ranked

4 funds too recently launched for a full 3-year CAGR - listed for reference, not ranked.

Punji tracks 11 Long Duration Fund funds from 0 AMCs, together managing roughly ₹10,706.761 Cr in assets. Across the 7 funds with a full 3-year track record, the average 3-year rolling CAGR is 6.8%. ICICI Prudential Long Term Fund leads the category at 8.3% 3Y CAGR.

Figures here are computed directly from each fund's own NAV history and AUM - not survivor-biased averages from a fact sheet - so a fund that merged, closed, or changed category drops out of the comparison rather than skewing it. Click any fund in the table for its full return history, expense ratio, holdings, and risk profile, or jump to a specific AMC's Long Duration Fund funds below.

Long Duration Fund is one of the standardized scheme categories SEBI mandated in its 2017 product categorization circular, so every AMC's Long Duration Fund fund follows the same investment-mandate rules - the same broad universe of permitted holdings, the same category-level restrictions - which is what makes a ranking across 0 different AMCs a genuine like-for-like comparison rather than an apples-to-oranges one. A fund's position here moves as new NAV data comes in or as AMCs launch or close schemes in the category, so treat it as a point-in-time snapshot, not a fixed league table.

Category alone doesn't tell you a fund's risk level or whether it's the right fit for your own time horizon - two Long Duration Fund funds can take meaningfully different approaches within the same mandate (concentration, turnover, credit quality for debt categories) and end up with very different risk profiles despite sharing a label. Use the Riskometer rating and risk metrics (Sharpe Ratio, Max Drawdown, Standard Deviation) shown on each fund's own page alongside this category-level ranking, not instead of it.