Lending for more than seven years. Debt with a portfolio duration of more than seven years. Called Long Duration until SEBI renamed the debt categories in 2026.
Ranked by three-year return; funds without that figure at the end
Ranked by three-year return, the top three are Aditya Birla Sun Life Long Term Fund (+5.8% a year), SBI Long Term Fund (+5.8% a year) and ICICI Prudential Long Term Fund (+5.7% a year). Past returns do not tell you future returns.
Aditya Birla Sun Life Long Term Fund Aditya Birla Sun Life | +1.1% | +5.8% | — | 1/7 | 0.98% | ₹87 cr |
| +1.7% | +5.8% | — | 2/7 | 0.68% | ₹1,235 cr | |
ICICI Prudential Long Term Fund ICICI Prudential | +0.6% | +5.7% | +4.7% | 3/7 | 0.94% | ₹801 cr |
Nippon India Nivesh Lakshya Long Term Fund Nippon India | +0.7% | +5.7% | +5.2% | 4/7 | 0.65% | ₹5,674 cr |
| +0.7% | +5.4% | — | 5/7 | 0.62% | ₹2,535 cr | |
| +0.9% | +5.2% | — | 6/7 | 0.77% | ₹157 cr | |
| +0.1% | +4.4% | — | 7/7 | 1.27% | ₹58 cr | |
Bandhan Long Term Fund Bandhan | +2.5% | — | — | — | 0.69% | ₹41 cr |
Franklin India Long Term Fund Franklin Templeton | +2.2% | — | — | — | 0.81% | ₹36 cr |
Kotak Long Term Fund Kotak Mahindra | +0.6% | — | — | — | 0.59% | ₹46 cr |
Mirae Asset Long Term Fund Mirae Asset | +0.5% | — | — | — | 0.78% | ₹23 cr |
Answered from the figures above, updated every business day
11 funds, managing ₹10,693 cr between them as of 3 Nov 2026. The largest is Nippon India Nivesh Lakshya Long Term Fund, at ₹5,674 cr.
The average Long Term fund returned +1.1% over the last year, +5.4% a year over three years, +5.0% a year over five years. Over the last year the funds ranged from +0.1% to +2.5%. Past returns do not tell you future returns.
Kotak Long Term Fund, at 0.59% a year, against 0.77% for the average fund in the category. The expense ratio is taken out of the fund every day, so every return shown is already after it.
Aditya Birla Sun Life Long Term Fund, at +5.8% a year over the last three years, against +5.4% for the average fund. Past returns do not tell you future returns.
Their volatility over the last year averaged 4.4%: the higher it is, the more the price swings from day to day. All of them carry the riskometer level Moderate, on SEBI's six-step scale from Low to Very High.
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NAV, expense ratio and fund disclosures as published by AMFI and the fund houses; prices as of 3 Nov 2026. Figures are computed independently and may differ from a fund house's own factsheet.
DiscoverMF is an information and analytics service. Nothing here is investment advice, a recommendation, or an offer to buy or sell any scheme. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past performance does not indicate future returns.