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5 star

Edelweiss Government Securities Fund - Direct Plan download report


Debt: Gilt

1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.21 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
Edelweiss Government Securities Direct-G 0.82 -0.04 -0.25 1.02 1.56 1.16 3.56 6.51 7.89 8.30 --
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 10 23 25 4 18 10 1 3 1 9 --
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)
Edelweiss Government Securities Fund - Direct Plan  | Invest Online
5 star
Feb-14 3.56 6.51 7.89 0.69 107
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 5.41 29-Oct-2014 - 05-Nov-2014 -1.91 04-Dec-2019 - 11-Dec-2019
Month 7.77 31-Oct-2014 - 02-Dec-2014 -1.65 25-Jan-2016 - 25-Feb-2016
Quarter 11.84 31-Oct-2014 - 30-Jan-2015 -2.13 26-Nov-2015 - 25-Feb-2016
Year 17.84 04-Mar-2014 - 04-Mar-2015 1.20 11-Jun-2021 - 13-Jun-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Edelweiss Government Securities Direct-G 6.37 2.96 0.97 1.97 0.62 2.10
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 3 8 1 1 10 2
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 5 7 3 13
Modified Duration (yrs) 6.81 9.63 1.50 3.81
Average Maturity (yrs) 12.92 20.55 3.00 5.89
Yield to Maturity (%) 7.20 7.20 4.01 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
equal 6.54% GOI 17/01/2032 GOI Securities SOV 0.00 - 53.04 53.04
new 7.10% GOI 18/04/2029 GOI Securities SOV 0.00 - 18.53 18.53
up 6.95% GOI 16/12/2061 GOI Securities SOV 0.00 - 16.03 16.03
equal 7.80% Kerala State 15/03/2027 State Development Loan SOV 0.00 - 4.76 4.76
equal 8.38% Gujarat State 27/02/2029 State Development Loan SOV 0.08 - 0.10 0.09
equal Others CBLO -- - 15.32

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

— Dhawal Dalal since 26-Nov-2016

Education: Mr. Dalal is a B.E and MBA.

Experience: Prior to joining Edelweiss AMC he has worked with DSP Mutual Fund, Merrill Lynch Asset Management, Private Client Group and MLAM.

Funds Managed:

— Rahul Dedhia since 23-Nov-2021

Education: Mr. Dedhia is a B.E. (Electronics) and also holds a PGeMBA - Finance.

Experience: Prior to joining Edelweiss Mutual Fund, he has worked with PGIM India Mutual Fund as Assistant Fund Manager.

Funds Managed:


-0.04%

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

Growth: ₹ 20.7702

IDCW Weekly: ₹ 16.2257

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IDCW Monthly: ₹ 16.7098

IDCW Fortnightly: ₹ 20.1396

IDCW: ₹ 20.6874


Investment Strategy

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

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 500
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: Edelweiss Mutual Fund
Launch Date: 13-Feb-2014
Return Since Launch: 8.99%
Benchmark: NIFTY All Duration G-Sec Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 107 Cr (As on 31-Jul-2022)
Expense Ratio: 0.69% (As on 30-Jun-2022)
Risk Grade: Average
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Weekly02-Aug-20220.1261

 26-Jul-20220.1099
 05-Jul-20220.1266
 21-Jun-20220.0856
 24-May-20220.0224
 10-May-20220.0338
 26-Apr-20220.0259
 19-Apr-20220.0540
 29-Mar-20220.0278
 22-Mar-20220.0078
 15-Mar-20220.0244
 22-Feb-20220.0130
 15-Feb-20220.0776
 08-Feb-20220.0636
 18-Jan-20220.0093
 04-Jan-20220.0014
 28-Dec-20210.0079
 07-Dec-20210.0239
 30-Nov-20210.0204
 23-Nov-20210.0088
 09-Nov-20210.0421
 20-Oct-20210.0136
 12-Oct-20210.0085
 21-Sep-20210.0780
 14-Sep-20210.0575
IDCW Fortnightly28-Jul-20220.1698

 14-Jul-20220.0652
 28-Jun-20220.0260
 28-Apr-20220.0230
 28-Mar-20220.0354
 14-Feb-20220.0896
 29-Nov-20210.0661
 15-Nov-20210.0688
 28-Sep-20210.0146
 14-Sep-20210.0677
IDCW Monthly25-Mar-20220.0066

 25-Feb-20220.0524
 25-Nov-20210.0652
 27-Sep-20210.3129
 25-Aug-20210.0260
 26-Jul-20210.0250
 26-May-20210.1498
 26-Apr-20210.2820
 28-Dec-20200.0913
 25-Nov-20200.1000
 26-Oct-20200.4043
 25-Sep-20200.0538
 27-Jul-20200.1702
 25-Jun-20200.0681
 26-May-20200.3817
 27-Apr-20200.2360
 26-Mar-20200.1970
 25-Feb-20200.2521
 27-Jan-20200.0119
 26-Dec-20190.0141
 25-Nov-20190.0567
 25-Oct-20190.0745
 25-Sep-20190.2449

Contact Information

AMC: Edelweiss Asset Management Ltd.

Address: Edelweiss House Off C.S.T. Road, Kalina Mumbai - 400098

Phone: +91 22 4093 3400

Fax: +91 22-40979878

Website: http://www.edelweissmf.com

Registrar & Transfer Agent: KFin Technologies 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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