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IDFC Government Securities Fund - Constant Maturity Plan - Direct Plan

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Debt: Gilt with 10 year Constant Duration

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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 which will mature in 10 years or more. 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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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
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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 2.15 -0.16 0.23 0.75 0.54 2.22 2.73 10.69 9.41 9.73 --
CCIL All Sovereign Bond - TRI 2.70 -0.03 0.03 1.07 2.17 2.86 3.61 9.95 6.87 8.92 --
Debt: Gilt with 10 year Constant Duration 2.47 -0.13 0.30 0.88 0.86 2.01 3.05 10.00 8.13 9.34 --
Rank within category 3 3 3 3 3 3 3 2 1 2 --
Number of funds in category 4 4 4 4 4 4 4 4 4 4 0

As on 01-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
IDFC Government Securities Fund - Constant Maturity Plan - Direct Plan
Unrated
 Jan-13 2.73 10.69 9.41 0.49% 263
SBI Magnum Constant Maturity Fund - Direct Plan  | Invest Online
Unrated
 Jan-13 3.66 9.74 8.78 0.34% 734

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.98 16-Apr-2020 - 23-Apr-2020 -2.11 12-Aug-2013 - 19-Aug-2013
Month 5.47 08-Apr-2020 - 08-May-2020 -2.56 27-Jan-2021 - 26-Feb-2021
Quarter 9.85 18-Apr-2019 - 19-Jul-2019 -2.66 14-Dec-2020 - 15-Mar-2021
Year 23.24 11-Sep-2018 - 11-Sep-2019 1.91 11-Sep-2017 - 11-Sep-2018

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 10.37 4.42 1.49 2.22 0.93 1.15
CCIL All Sovereign Bond - TRI 9.65 4.57 1.28 1.80 -- --
Debt: Gilt with 10 year Constant Duration 9.72 4.23 1.40 2.20 0.87 0.85
Rank within category 2 4 2 2 4 2
Number of funds in category 4 4 4 4 4 4

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

As on 30-Nov-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 4 8 4 4
Modified Duration (yrs) 6.74 6.74 6.12 --
Average Maturity (yrs) 9.18 9.31 8.45 --
Yield to Maturity (%) 6.39 6.67 6.01 --
Avg Credit Rating GOI/Cash -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 6.10% GOI 2031 GOI Securities SOV 0.00 - 85.62 85.62
equal 7.17% GOI 2028 GOI Securities SOV 0.30 - 8.08 6.68
equal 8.24% GOI 15/02/2027 Central Government Loan SOV 0.00 - 3.00 3.00
equal 6.79% GOI 15/05/2027 GOI Securities SOV 0.58 - 2.56 2.56
equal Others Margin Money -- - 0.04

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-Oct-2021

Fund Manager

— Harshal Joshi since 15-May-2017

Education: Mr. Joshi is PGDBM from N.L. Dalmia Institute of Management Studies and Research, Mumbai

Experience: Prior to joining IDFC Mutual fund in 2008 he has worked with ICAP India Pvt. Ltd.

Funds Managed:

0.04%

Change from previous, NAV as on 02-Dec-2021

Growth: ₹ 37.1036

IDCW Weekly: ₹ 17.9062

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IDCW Quarterly: ₹ 11.5901

IDCW Periodic: ₹ 11.0531

IDCW Monthly: ₹ 10.4379

Investment Strategy

The scheme seeks to generate optimal returns with high liquidity by investing in Government securities such that weighted average portfolio maturity of around 10 years.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 100
Minimum No of Cheques 6
Minimum Withdrawal (₹) 500
Minimum 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: 10.09%
Benchmark: CRISIL 10-Year Gilt
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 263 Cr (As on 31-Oct-2021)
Expense: 0.49% (As on 31-Oct-2021)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly29-Nov-20210.0152

 29-Sep-20210.0697
 30-Aug-20210.1377
 28-May-20210.0205
 28-Dec-20200.0357
 25-Nov-20200.0495
 28-Oct-20200.1532
 28-Jul-20200.1531
 26-Jun-20200.0391
 28-May-20200.2825
 28-Apr-20200.1789
 27-Mar-20200.0641
 28-Feb-20200.1875
 28-Jan-20200.0405
 27-Dec-20190.0523
 28-Nov-20190.0538
 30-Oct-20190.0441
 29-Aug-20190.0365
 30-Jul-20190.2416
 27-Jun-20190.1989
 30-May-20190.2289
 28-Mar-20190.1493
 30-Aug-20170.0283
 30-Jan-20170.0496
 29-Nov-20160.1333
IDCW Weekly26-Nov-20210.0126

 24-Sep-20210.0096
 17-Sep-20210.0205
 03-Sep-20210.1356
 27-Aug-20210.0576
 20-Aug-20210.0595
 11-Jun-20210.0592
 08-Jan-20210.0277
 01-Jan-20210.0655
 24-Dec-20200.0006
 04-Dec-20200.0453
 27-Nov-20200.0224
 20-Nov-20200.0289
 06-Nov-20200.0555
 29-Oct-20200.0080
 23-Oct-20200.1143
 16-Oct-20200.0416
 09-Oct-20200.0357
 24-Jul-20200.0126
 17-Jul-20200.0219
 10-Jul-20200.1816
 03-Jul-20200.0615
 19-Jun-20200.0625
 22-May-20200.1337
 08-May-20200.3358
IDCW Quarterly28-Sep-20210.2653

 28-Jun-20210.0334
 24-Dec-20200.3558
 28-Sep-20200.0364
 26-Jun-20200.7135
 24-Mar-20200.2471
 26-Dec-20190.0472
 25-Sep-20190.2749
 25-Jun-20190.4223
 27-Mar-20190.0615
 27-Dec-20180.6046
 26-Sep-20180.0501
 26-Jun-20180.0094
 22-Mar-20180.0558
 21-Dec-20170.0509
 21-Sep-20170.1517
 27-Jun-20170.2311
 22-Mar-20170.0433
 22-Dec-20160.2095
 22-Sep-20160.1878
 23-Jun-20160.1733
 22-Mar-20160.1440
 21-Dec-20150.1592
 24-Sep-20150.2682
 23-Mar-20150.1985
IDCW Periodic25-Mar-20210.8035

 24-Mar-20205.0370

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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