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5 star

Edelweiss Government Securities Fund - Regular Plan


Debt: Gilt

1 Lakh

Investment Grown to
₹ 1.06 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 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
Fund 2.05 0.00 0.02 0.48 0.56 3.10 6.11 10.28 8.27 9.58 --
CCIL All Sovereign Bond - TRI -0.50 0.47 0.31 0.54 -0.26 1.22 1.57 10.45 7.91 9.48 --
Debt: Gilt 0.59 0.02 0.06 0.43 0.72 1.75 2.68 9.09 7.32 8.73 --
Rank within category 1 25 22 15 22 1 1 3 6 6 --
Number of funds in category 26 29 29 29 29 26 25 25 25 23 20

As on 03-Aug-2021

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
5 star
Feb-14 6.11 10.28 8.27 1.32 98
ICICI Prudential Gilt Fund  | Invest Now
4 star
Aug-99 3.23 9.43 7.99 1.18 3,739
SBI Magnum Gilt Fund  | Invest Online
4 star
Dec-00 3.37 10.01 8.48 0.95 3,711
IDFC Government Securities Fund - Investment Plan - Regular Plan
4 star
Dec-08 2.70 11.03 8.79 1.23 1,969
Aditya Birla Sun Life Government Securities Fund  | Invest Online
4 star
Oct-99 3.45 9.82 8.29 0.94 881

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 9.86 3.75 1.53 3.42 0.72 1.46
CCIL All Sovereign Bond - TRI 10.07 4.76 1.25 1.85 -- --
Debt: Gilt 8.80 3.67 1.27 2.11 0.71 0.46
Rank within category 3 15 6 1 14 4
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 31-Jul-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 3 5 2 11
Modified Duration (yrs) 2.74 10.54 0.90 4.19
Average Maturity (yrs) 4.26 25.06 1.04 6.33
Yield to Maturity (%) 4.33 6.42 3.83 5.51
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 08/07/2021 Treasury Bills SOV 0.00 - 50.84 50.84
down 6.64% GOI 16/06/2035 GOI Securities SOV 0.00 - 92.23 30.31
equal 8.38% Gujarat State 27/02/2029 State Development Loan SOV 0.10 - 0.18 0.10
equal Others CBLO -- - 18.55

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-2021

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:


0.00%

Change from previous, NAV as on 03-Aug-2021

Growth: ₹ 19.4190

IDCW Yearly: ₹ 19.4274

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IDCW Weekly: ₹ 10.3776

IDCW Monthly: ₹ 10.5881

IDCW: ₹ 19.4315


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 (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Edelweiss Mutual Fund
Launch Date: 13-Feb-2014
Return Since Launch: 9.29%
Benchmark: CRISIL Dynamic Gilt TRI
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 98 Cr (As on 30-Jun-2021)
Expense: 1.32% (As on 30-Jun-2021)
Risk Grade: Average
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly26-Jul-20210.0510

 26-May-20210.0891
 26-Apr-20210.1728
 28-Dec-20200.0536
 25-Nov-20200.0789
 26-Oct-20200.2550
 25-Sep-20200.0256
 27-Jul-20200.1044
 25-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
IDCW Weekly20-Jul-20210.0018

 13-Jul-20210.0308
 08-Jun-20210.0305
 26-May-20210.0240
 11-May-20210.0394
 04-May-20210.0368
 27-Apr-20210.0149
 21-Apr-20210.0324
 15-Apr-20210.0227
 06-Apr-20210.0311
 05-Jan-20210.0274
 29-Dec-20200.0190
 08-Dec-20200.0326
 01-Dec-20200.0144
 24-Nov-20200.0357
 17-Nov-20200.0442
 27-Oct-20200.0836
 13-Oct-20200.1119
 01-Sep-20200.0494
 04-Aug-20200.0089
 28-Jul-20200.0034
 14-Jul-20200.0147
 07-Jul-20200.0461
 30-Jun-20200.0669
 23-Jun-20200.0068

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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