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
Dividends
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| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -- | 0.11 | -0.43 | 0.26 | -- | -- | -- | -- | -- | -- | -- |
| CCIL All Sovereign Bond - TRI | -- | 0.01 | -0.47 | -0.19 | -- | -- | -- | -- | -- | -- | -- |
| Debt: Gilt | -- | 0.07 | -0.35 | 0.19 | -- | -- | -- | -- | -- | -- | -- |
| Rank within category | -- | 4 | 23 | 8 | -- | -- | -- | -- | -- | -- | -- |
| Number of funds in category | 26 | 29 | 29 | 29 | 26 | 26 | 25 | 25 | 24 | 23 | 20 |
As on 18-Jun-2021
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
|---|---|---|---|---|---|---|---|
| IDFC Gilt 2027 Index Fund - Regular Plan | Mar-21 | -- | -- | -- | 0.40 | 325 | |
| ICICI Prudential Gilt Fund | Invest Now |  |
Aug-99 | 4.59 | 9.83 | 9.01 | 1.18 | 4,011 |
| SBI Magnum Gilt Fund | Invest Online | |
Dec-00 | 4.24 | 10.32 | 9.26 | 0.95 | 3,661 |
| IDFC Government Securities Fund - Investment Plan - Regular Plan |  |
Dec-08 | 4.20 | 11.40 | 9.42 | 1.23 | 1,572 |
| DSP Government Securities Fund | Invest Online | |
Sep-99 | 4.57 | 10.89 | 9.17 | 1.05 | 472 |
| Best Performance | Worst Performance | |||
|---|---|---|---|---|
| Return (%) | Period | Return (%) | Period | |
| Week | 0.64 | 20-Apr-2021 - 27-Apr-2021 | -0.49 | 10-Jun-2021 - 17-Jun-2021 |
| Month | 1.32 | 20-Apr-2021 - 21-May-2021 | 0.15 | 18-May-2021 - 17-Jun-2021 |
| Quarter | -- | - | -- | - |
| Year | -- | - | -- | - |
| Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
|---|---|---|---|---|---|---|
| Fund | -- | -- | -- | -- | -- | -- |
| CCIL All Sovereign Bond - TRI* | 10.61 | 4.66 | 1.36 | 1.94 | -- | -- |
| Debt: Gilt* | 9.12 | 3.65 | 1.32 | 2.12 | 0.72 | 0.27 |
| Rank within category | -- | -- | -- | -- | -- | -- |
| Number of funds in category | -- | -- | -- | -- | -- | -- |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on
* As on 31-May-2021
| Fund | 1Y High | 1Y Low | Category | |
|---|---|---|---|---|
| Number of Securities | 2 | 2 | 2 | 11 |
| Modified Duration (yrs) | 4.48 | 4.48 | 4.26 | 4.71 |
| Average Maturity (yrs) | 5.60 | 5.60 | 5.39 | 6.76 |
| Yield to Maturity (%) | 5.97 | 6.06 | 5.89 | 5.63 |
| Avg Credit Rating | GOI/Cash | -- | -- | -- |
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| Company | Instrument | Credit Rating | 1Y Range | % Assets | |
|---|---|---|---|---|---|
|
6.79% GOI 15/05/2027 | GOI Securities | SOV | 48.92 - 52.77 | 48.92 |
|
|
8.24% GOI 15/02/2027 | Central Government Loan | SOV | 45.02 - 48.33 | 46.00 |
|
Others | Margin Money | -- | - | 0.01 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-May-2021
— Anurag Mittal since 12-Mar-2021
Education: Mr. Mittal is B.Com. (Hons), CA and M.Sc. in Accounting and Finance (specialization in Finance) from London School of Economics & Political Science.
Experience: Prior to joining IDFC AMC, he worked with HDFC AMC ( Sept. 2012 - Oct. 2015), Axis AMC (July 2009 - Sept. 2012), ICICI Prudential Life Insurance Company Ltd. as Credit Research Analyst (2008-2009) and with Bank of America in Corporate Banking (2006-2008).
Funds Managed:
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The scheme seeks to provide investment returns closely corresponding to the total returns of the securities as represented by the CRISIL Gilt 2027 Index before expenses, subject to tracking errors.
| Minimum Investment (₹) | 5,000 |
| Minimum Addl Investment (₹) | 1,000 |
| Minimum SIP Investment (₹) | 1,000 |
| Minimum No of Cheques | 6 |
| Minimum Withdrawal (₹) | 500 |
| Minimum Balance (₹) | -- |
| Lock-in Period | Not Applicable |
| Exit Load | 0 |
| Fund House: | IDFC Mutual Fund |
| Launch Date: | 23-Mar-2021 |
| Return Since Launch: | 1.95% |
| Benchmark: | CRISIL Gilt 2027 Index |
| Riskometer: | Moderate |
| Type: | Open-ended |
| Assets: | ₹ 325 Cr (As on 31-May-2021) |
| Expense: | 0.40% (As on 31-May-2021) |
| Risk Grade: | -- |
| Return Grade: | -- |
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
Friday, 18-Jun-2021
12:30 PM - 01:00 PM
Registration Over
