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4 star

IDFC Government Securities Fund - Investment Plan - Direct Plan


Debt: Gilt

1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"This is a fund that invests mainly in bonds issued by the government of India. These bonds do not carry any risk of default since the repayment of investors' money is backed by the government. But they are prone to sharp ups and downs because of changes in interest rates.

However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios."

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -0.13 0.03 0.16 -0.24 0.42 2.06 2.85 10.11 8.31 9.00 --
CCIL All Sovereign Bond - TRI -0.84 0.07 -0.33 -1.52 0.14 2.27 1.42 8.52 7.01 8.32 --
Debt: Gilt -0.21 0.01 0.04 -0.49 0.26 2.11 2.87 8.52 6.86 8.18 --
Rank within category 12 3 2 7 8 16 10 1 1 3 --
Number of funds in category 24 24 24 24 24 23 21 21 21 21 0

As on 14-Jan-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
IDFC Government Securities Fund - Investment Plan - Direct Plan
4 star
Jan-13 2.85 10.11 8.31 0.62% 1,466
Kotak Gilt Investment Provident Fund and Trust Plan - Direct Plan  | Invest Online
4 star
Jan-13 3.02 9.39 7.35 0.40% 2,008
Kotak Gilt Investment - Direct Plan  | Invest Online
4 star
Jan-13 3.02 9.39 7.34 0.40% 2,008
Aditya Birla Sun Life Government Securities Fund - Direct Plan  | Invest Online
4 star
Jan-13 4.09 9.38 7.79 0.29% 1,035
DSP Government Securities Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.50 10.01 7.76 0.54% 432

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 5.26 19-Aug-2013 - 26-Aug-2013 -4.81 12-Aug-2013 - 19-Aug-2013
Month 5.71 25-Oct-2016 - 24-Nov-2016 -5.73 19-Jul-2013 - 19-Aug-2013
Quarter 9.31 12-Sep-2014 - 12-Dec-2014 -6.69 20-May-2013 - 19-Aug-2013
Year 19.71 13-Feb-2014 - 13-Feb-2015 -1.37 14-Jun-2017 - 14-Jun-2018

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 9.81 4.13 1.47 2.24 0.85 1.88
CCIL All Sovereign Bond - TRI 8.65 4.53 1.09 1.57 -- --
Debt: Gilt 8.37 3.56 1.30 2.15 0.72 1.08
Rank within category 1 21 6 9 21 6
Number of funds in category 21 21 21 21 21 21

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Dec-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 3 9 2 12
Modified Duration (yrs) 4.02 5.14 1.18 3.91
Average Maturity (yrs) 4.75 6.53 1.36 5.89
Yield to Maturity (%) 6.00 6.37 4.08 5.29
Avg Credit Rating -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 5.63% GOI 2026 GOI Securities SOV 0.00 - 99.76 56.12
new 6.79% GOI 15/05/2027 GOI Securities SOV 0.00 - 58.28 42.72
equal 7.17% GOI 2028 GOI Securities SOV 0.00 - 0.00 0.00
equal Others Margin Money -- - 0.07

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Dec-2021

Fund Manager

— Suyash Choudhary since 01-Jan-2013

Education: Mr. Choudhary is a B.A (H) Economics from Delhi University and PGDM from IIM Calcutta.

Experience: Prior to joining IDFC Mutual Fund he has worked with HSBC Asset Management (India) Pvt. Ltd., Standard Chartered Asset Management Co. Pvt. Ltd. and Deutsche Bank.

Interviews:

Funds Managed:


0.03%

Change from previous, NAV as on 14-Jan-2022

Growth: ₹ 30.1268

IDCW Yearly: ₹ 12.3252

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IDCW Quarterly: ₹ 11.1519

IDCW Periodic: ₹ 14.2598

IDCW Half Yearly: ₹ 11.8279

IDCW: ₹ 11.6161


Investment Strategy

The scheme seeks to generate reasonable return with high liquidity through investment in Government securities across maturities.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 1,000
Min. No of Cheques 6
Min. Withdrawal (₹) 500
Min. Balance (₹) 500
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: IDFC Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 9.61%
Benchmark: CRISIL Dynamic Gilt Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 1,466 Cr (As on 31-Dec-2021)
Expense: 0.62% (As on 31-Dec-2021)
Risk Grade: Above Average
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Quarterly28-Dec-20210.0963

 28-Sep-20210.2003
 28-Jun-20210.0563
 24-Dec-20200.3454
 28-Sep-20200.0457
 26-Jun-20200.7369
 24-Mar-20200.2263
 26-Dec-20190.0454
 25-Sep-20190.2487
 25-Jun-20190.3656
 27-Mar-20190.0674
 27-Dec-20180.4669
 21-Sep-20170.0578
 27-Jun-20170.4334
 22-Dec-20160.3395
 22-Sep-20160.4045
 23-Jun-20160.1806
 22-Mar-20160.1011
 21-Dec-20150.0560
 24-Sep-20150.1446
 23-Mar-20150.2592
 18-Dec-20140.4540
 19-Sep-20140.1315
 20-Jun-20140.3441
 28-May-20130.3506
IDCW Half Yearly28-Sep-20210.4285

 24-Mar-20210.0122
 19-Sep-20140.4301
 07-Mar-20140.2699
 25-Sep-20130.0613
IDCW25-Mar-20210.9898

 24-Mar-20202.3934
 22-Mar-20171.0184
 17-Mar-20160.3591
 19-Mar-20150.9928
 12-Sep-20141.4859
 19-Mar-20130.3228
IDCW Periodic25-Mar-20211.2149

 24-Mar-20202.5876
IDCW Yearly24-Mar-20211.0295

 24-Mar-20201.2034
 27-Mar-20190.8503
 20-Mar-20180.0745
 29-Mar-20171.1051
 17-Mar-20160.2070
 07-Mar-20140.1393

Contact Information

AMC: IDFC Asset Management Company Limited

Address: Unit No. 27, Ground Floor, Khetan Bhavan,198, Jamshedji Tata Road, Churchgate, Mumbai - 400020

Phone: 022-24398777 / 24399999 / 66289999

Fax: 24215052 / 24215051

Email: [email protected]

Website: http://www.idfcmf.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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