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4 star

Edelweiss Government Securities Fund - Regular Plan


Debt: Gilt

1 Lakh

Investment Grown to
₹ 1.10 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.28 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 sharper ups and downs because of changes in interest rates.

Like most other debt fund categories, we believe that retail investors can avoid this one as well. In our opinion, debt funds make sense for retail investors only if they are investing for 3 years or less. For that kind of investment horizon, Liquid Debt funds and Short Term debt funds are much more suitable.

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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT).Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 9.18 -0.19 0.15 1.22 6.07 9.87 9.52 9.52 9.33 -- --
CCIL All Sovereign Bond - TRI 10.21 -0.16 0.54 1.52 6.32 10.41 10.98 9.68 10.46 -- --
Debt: Gilt 8.78 -0.18 0.22 1.17 6.15 9.30 10.34 7.99 9.25 -- --
Rank within category 10 14 20 13 13 9 18 2 12 -- --
Number of funds in category 25 25 25 25 25 25 25 25 24 22 20

As on 14-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Edelweiss Government Securities Fund - Regular Plan  | Invest Online
4 star
Feb-14 9.52 9.52 9.33 1.36 63
SBI Magnum Gilt Fund  | Invest Online
4 star
Dec-00 11.75 8.68 10.24 0.95 3,415
Nippon India Gilt Securities PF
5 star
Aug-08 11.63 9.35 10.67 1.71 1,452
Nippon India Gilt Securities Fund  | Invest Online
5 star
Jul-03 11.63 9.35 10.67 1.59 1,452
IDFC Government Securities Fund - Investment Plan - Regular Plan
4 star
Dec-08 13.62 9.89 10.46 1.16 1,163

Best & Worst Performance

Best (Period) Worst (Period)
Week 5.40 (29-Oct-2014 - 05-Nov-2014) -1.92 (04-Dec-2019 - 11-Dec-2019)
Month 7.72 (31-Oct-2014 - 02-Dec-2014) -1.69 (25-Jan-2016 - 25-Feb-2016)
Quarter 11.70 (31-Oct-2014 - 30-Jan-2015) -2.25 (26-Nov-2015 - 25-Feb-2016)
Year 17.40 (04-Mar-2014 - 04-Mar-2015) 0.95 (25-Feb-2015 - 25-Feb-2016)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 9.05 3.39 1.11 3.65 0.59 1.51
CCIL All Sovereign Bond - TRI 9.12 4.76 0.80 1.80 -- --
Debt: Gilt 7.61 3.92 0.60 1.38 0.76 -0.59
Rank within category 2 3 1 1 2 1
Number of funds in category 25 25 25 25 25 25

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

As on 30-Jun-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 6 6 2 9
Modified Duration (yrs) 4.89 7.10 4.32 5.96
Average Maturity (yrs) 6.19 10.76 5.92 8.74
Yield to Maturity (%) 5.37 6.81 4.44 5.74

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new 6.79% GOI 15/05/2027 GOI Securities SOV 0.00 - 61.84 25.10
new 6.18% GOI 2024 GOI Securities SOV 0.00 - 24.90 24.90
new 7.27% GOI 2026 GOI Securities SOV 0.00 - 24.13 17.24
new 5.79% GOI 2030 GOI Securities SOV 0.00 - 15.75 15.75
down 6.45% GOI 2029 GOI Securities SOV 0.00 - 70.99 8.18
equal 8.38% Gujarat State 27/02/2029 State Development Loan SOV 0.12 - 0.16 0.16

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 30-Jun-2020

Fund Manager

— Gautam Kaul since 11-Dec-2017

Education: Mr. Kaul is a B.Com (H) and MBA (Finance).

Experience: Prior to joining Edelweiss AMC he has worked with Invesco Mutual Fund, Sahara India Asset Management Company Pvt. Ltd, IDBI AMC. and Mata Securities (India) Pvt. Ltd..

Funds Managed:


-0.19%

Change from previous, NAV as on 14-Jul-2020

Growth: ₹ 18.2849

Dividend Yearly: ₹ 18.2926

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Dividend Weekly: ₹ 10.4574

Dividend Monthly: ₹ 10.7720

Dividend: ₹ 18.2964


Investment Strategy

The investment objective is to generate income by investing primarily in money market and short term debt instruments.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: Edelweiss Mutual Fund
Launch Date: 13-Feb-2014
Return Since Launch: 9.86%
Benchmark: CRISIL Dynamic Gilt TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 63 Cr (As on 30-Jun-2020)
Expense: 1.36% (As on 30-Jun-2020)
Risk Grade: Below Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Weekly07-Jul-20200.0461

 30-Jun-20200.0669
 23-Jun-20200.0068
 16-Jun-20200.0067
 09-Jun-20200.0054
 26-May-20200.0745
 19-May-20200.0599
 12-May-20200.0055
 05-May-20200.0888
 28-Apr-20200.0734
 21-Apr-20200.1273
 03-Mar-20200.0720
 25-Feb-20200.0343
 19-Feb-20200.0416
 11-Feb-20200.0405
 05-Feb-20200.0242
 01-Jan-20200.0086
 04-Dec-20190.0045
 17-Jul-20190.2134
 03-Jul-20190.0434
 26-Jun-20191.2880
 14-Jun-20170.0149
 07-Jun-20170.0246
 31-May-20170.0206
 17-May-20170.0122
Dividend Monthly25-Jun-20200.0392

 26-May-20200.2403
 27-Apr-20200.1486
 26-Mar-20200.1254
 25-Feb-20200.1591
 27-Jan-20200.0043
 26-Dec-20190.0058
 25-Nov-20190.0174
 26-Aug-20190.0764
 25-Jul-20190.1564
 25-Jun-20190.2160
 27-May-20190.2083
 25-Mar-20190.0855
 26-Dec-20180.2285
 26-Nov-20180.1014
 25-Oct-20180.0600
 25-Jul-20180.0429
 25-May-20180.0225
 25-Apr-20180.0224
 26-Mar-20180.0234
 26-Feb-20180.0218
 25-Jan-20180.0187
 26-Dec-20170.0206
 27-Nov-20170.0153
 25-Oct-20170.0294

Contact Information

AMC: Edelweiss Asset Management Ltd.

Address: 801- 802 & 803 - 8th Floor, Windsor Off C.S.T. Road, Kalina-Santacruz (E), Mumbai - 400098

Phone: 40933400 / 1800-425-0090

Email: [email protected]

Website: http://www.edelweissmf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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