AbstractEfficient estimation of soil organic carbon (SOC) is vital for understanding and monitoring the effect of perennial fodder crops in conserving SOC. In subtropical regions, there is limited information on SOC accumulation and its allocation into different pools under long‐term grasses and legumes. Therefore, we investigated the dynamics of SOC in a 20‐year‐old field trial with seven perennial grass species and a legume in a Typic Paleudalf soil under subtropical climate in north‐east India by analysing oxidizable organic C (Coc) and its fractions of very labile (CVL), labile (CL), less labile (CLL) and non‐labile (CNL), microbial biomass C (Cmic) and mineralizable C (Cmin). Growing perennial fodder crops increased SOC in the 0–0.60 m soil depth from 19.9%–39.6% compared with the conventional cultivation with maize (Zea mays). The relative efficacy of the fodder species to SOC accumulation was Setaria sphacelata = Brachieria rosenesis > Panicum maximum cv. Makunia = Arachis pintoi > Panicum maximum cv. Hamil > Paspalam conjugalum = Pennisetum purpureum > Thysanolaena maxima. Among the analysed fractions, CVL, CL, CLL and Cmic were influenced most by the fodder crops and the active pools (CVL+CL) constituted 71.6% of the SOC. The results indicate that under the tested subtropical climate, soil under perennial grasses and legumes conserves organic C and that most of the SOC is in labile pools of short residence time.