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2 star

Tata Gilt Securities Fund - Direct Plan download report


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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(₹)
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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
Tata GSF Direct-G 1.06 -0.14 -0.06 1.06 2.24 1.92 2.78 4.32 5.38 7.18 --
CCIL All Sovereign Bond - TRI -1.06 -0.37 0.06 0.99 2.22 0.68 1.78 4.62 6.27 7.74 --
Debt: Gilt 0.48 -0.02 -0.09 0.83 1.84 1.00 2.56 5.39 6.24 7.83 --
Rank within category 3 25 11 3 9 3 11 19 17 16 --
Number of funds in category 24 26 26 26 26 24 23 21 21 21 0

As on 08-Aug-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Tata Gilt Securities Fund - Direct Plan  | Invest Online
2 star
Jan-13 2.78 4.32 5.38 0.90 241
SBI Magnum Gilt Fund - Direct Plan  | Invest Online
5 star
Jan-13 2.93 6.02 6.79 0.46 3,539
ICICI Prudential Gilt Fund - Direct Plan  | Invest Now
4 star
Jan-13 3.39 6.56 6.66 0.56 2,360
IDFC Government Securities Fund - Investment Plan - Direct Plan  | Invest Online
4 star
Jan-13 2.17 6.29 7.24 0.62 1,387
Aditya Birla Sun Life Government Securities Fund - Direct Plan  | Invest Online
4 star
Jan-13 2.84 5.96 6.75 0.29 1,213

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 5.16 19-Aug-2013 - 26-Aug-2013 -4.15 12-Aug-2013 - 19-Aug-2013
Month 5.98 19-Aug-2013 - 18-Sep-2013 -6.73 19-Jul-2013 - 19-Aug-2013
Quarter 9.03 16-Apr-2019 - 16-Jul-2019 -10.01 20-May-2013 - 19-Aug-2013
Year 21.23 26-Feb-2014 - 27-Feb-2015 -3.13 11-Sep-2017 - 11-Sep-2018

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Tata GSF Direct-G 4.31 3.28 0.25 0.33 0.70 -0.06
CCIL All Sovereign Bond - TRI 4.74 4.19 0.30 0.43 -- --
Debt: Gilt 5.35 3.03 0.61 0.92 0.63 1.07
Rank within category 19 16 19 19 16 19
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-Jul-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 15 19 14 13
Modified Duration (yrs) 3.35 5.55 1.03 3.81
Average Maturity (yrs) 4.69 7.93 1.23 5.89
Yield to Maturity (%) 6.57 6.57 4.56 6.87
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
new Reserve Bank of India 91-D 15/09/2022 Treasury Bills SOV 0.00 - 30.93 30.93
new 6.54% GOI 17/01/2032 GOI Securities SOV 0.00 - 19.67 19.67
equal 8.07% Gujarat State 2025 State Development Loan SOV 0.00 - 11.03 10.63
new 7.54% GOI 23/05/2036 GOI Securities SOV 0.00 - 10.39 10.39
down 7.10% GOI 18/04/2029 GOI Securities SOV 0.00 - 22.61 10.30
equal 5.63% GOI 2026 GOI Securities SOV 3.98 - 38.31 3.98
equal 9.39% Maharashtra State 20/11/2023 State Development Loan SOV 2.14 - 2.78 2.14
equal 7.99% Kerala State 28/10/2025 State Development Loan SOV 0.00 - 2.20 2.13
equal 7.59% GOI 2026 GOI Securities SOV 2.12 - 2.75 2.12
equal 9.79% Maharashtra State 25/09/2023 State Development Loan SOV 0.93 - 1.21 0.93
equal 9.77% Goa State 26/02/2024 State Development Loan SOV 0.82 - 1.07 0.82
equal 8.62% Maharashtra State 20/02/2023 State Development Loan SOV 0.82 - 1.05 0.82
equal 9.71% Haryana State 2024 State Development Loan SOV 0.37 - 0.49 0.37
equal 7.89% Maharashtra State 2032 State Development Loan SOV 0.00 - 0.26 0.26
equal 9.48% Andhra Pradesh State 26/03/2024 State Development Loan SOV 0.23 - 0.30 0.23

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-Jul-2022

Fund Manager

— Akhil Mittal since 01-Mar-2022

Education: Mr. Mittal is B.Com (H) and MBA from University Business School.

Experience: Prior to joining Tata AMC, he has worked with Canara Robeco AMC, Principal Asset Management Company, Edelweiss Securities Ltd. and Rallis India Ltd.

Funds Managed:


-0.14%

Change from previous, NAV as on 08-Aug-2022

Growth: ₹ 68.7865

IDCW Quarterly: ₹ 19.3660


Investment Strategy

The scheme is a dedicated gilt fund which would invest in G-Secs to generate risk-free return and provide medium-to-long term capital gains.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 500
Min. No of Cheques 12
Min. Withdrawal (₹) 500
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Tata Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 8.03%
Benchmark: CRISIL Dynamic Gilt Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 241 Cr (As on 31-Jul-2022)
Expense Ratio: 0.90% (As on 30-Jun-2022)
Risk Grade: High
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Quarterly11-Mar-20200.1153

 09-Sep-20190.1225
 11-Jun-20190.1225
 13-Mar-20190.1297
 11-Dec-20180.1441
 14-Sep-20170.1445
 15-Jun-20170.1589
 16-Dec-20160.1517
 14-Sep-20160.1445
 14-Jun-20160.1445
 15-Mar-20160.1517
 23-Dec-20150.1083
 15-Sep-20150.1441
 16-Jun-20150.1456
 16-Mar-20150.1432
 16-Dec-20140.1448
 16-Sep-20140.1555
 17-Jun-20140.1555
 18-Mar-20140.1555
 17-Dec-20130.1452
 23-Sep-20130.1217
 20-Jun-20130.1605
 18-Mar-20130.1699

Contact Information

AMC: Tata Asset Management Private Ltd

Address: 9th Floor, Mafatlal Centre, Nariman Point, Mumbai - 400021

Phone: 1800-209-0101

Email: [email protected]

Website: http://www.tatamutualfund.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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