Long Duration Mutual Funds
Portfolio duration above 7 years.
The most rate-sensitive debt category there is. A one-point fall in yields can add several points of return; a rise does the same in reverse. This is a view on interest rates, not a parking place.
Who it suits. Investors who deliberately want duration when rates look set to fall. Hold for 7 years or more.
Direct plans in this category
- BANK OF INDIA CONSERVATIVE HYBRID FUNDBank of India Mutual Fund · NAV ₹38.23 4.5% 7.3% 10.1%
- UTI Medium to Long Term FundUTI Mutual Fund · NAV ₹83.50 4.6% 6.6% 8.7%
- ICICI Prudential Medium to Long Term FundICICI Prudential Mutual Fund · NAV ₹45.09 5.8% 7.6% 6.6%
- Kotak Medium to Long Term FundKotak Mahindra Mutual Fund · NAV ₹91.13 6.0% 7.5% 6.5%
- Nippon India Medium to Long Term FundNippon India Mutual Fund · NAV ₹105.28 5.7% 7.0% 6.4%
- LIC MF Medium to Long Term FundLIC Mutual Fund · NAV ₹82.28 5.2% 7.6% 6.4%
- SBI MEDIUM TO LONG TERM FUNDSBI Mutual Fund · NAV ₹80.39 5.4% 7.1% 6.4%
- HDFC Medium to Long Term FundHDFC Mutual Fund · NAV ₹67.58 5.4% 7.1% 6.0%
- Tata Income FundTata Mutual Fund · NAV ₹72.20 0.5% 6.0% 5.9%
- Aditya Birla Sun Life Income FundAditya Birla Sun Life Mutual Fund · NAV ₹141.07 4.6% 6.6% 5.8%
- Canara Robeco Medium To Long Term FundCanara Robeco Mutual Fund · NAV ₹64.90 4.4% 6.6% 5.6%
- JM Medium to Long Term FundJM Financial Mutual Fund · NAV ₹72.47 4.4% 6.9% 5.6%
- Bandhan Medium to Long Term FundBandhan Mutual Fund · NAV ₹74.92 6.5% 6.7% 5.4%
- Aditya Birla Sun Life Long Duration FundAditya Birla Sun Life Mutual Fund · NAV ₹13.48 4.4% 7.1% —
- Franklin India Medium to Long Term FundFranklin Templeton Mutual Fund · NAV ₹11.34 — — —
- HSBC Medium to Long Term FundHSBC Mutual Fund · NAV ₹48.93 — — —
Point-to-point CAGR from AMFI NAV history, Direct plans only. Ordered by five-year return so the list has a shape, not because the order is a judgement. Past returns do not predict future ones — a fund near the top is usually there because its style suited the last five years, and styles take turns.
Other categories
Questions people ask
What is a Long Duration fund?
Portfolio duration above 7 years. The most rate-sensitive debt category there is. A one-point fall in yields can add several points of return; a rise does the same in reverse. This is a view on interest rates, not a parking place.
Who should invest in Long Duration funds?
Investors who deliberately want duration when rates look set to fall. A sensible holding period is 7 years or more.
How is this list ordered?
By five-year CAGR computed from AMFI's published NAV history, within one plan type. It is a sort, not a verdict — a fund near the top is there because its style suited the last five years, which is not a promise about the next five.
Should I choose the Direct or Regular plan?
A Direct plan holds exactly the same portfolio without the distributor commission, so its expense ratio is lower — commonly 0.5% to 1.2% a year — and it compounds ahead of the Regular plan for ever. Choose Regular only if you want an intermediary's advice and are content to pay for it annually.