1 LakhInvestment Grown to
₹ 10000Monthly SIP Grown to
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:
|CCIL All Sovereign Bond - TRI||12.08||0.08||-0.03||0.74||3.34||3.66||12.87||10.37||9.92||10.57||9.29|
|Rank within category||8||14||16||21||11||17||9||13||4||4||3|
|Number of funds in category||25||25||25||25||25||25||25||25||24||22||20|
As on 27-Nov-2020
|Fund name||Rating||Launch Date||1-Year Return||3-Year Return||5-Year Return||Expense Ratio||Assets (Cr)|
|Aditya Birla Sun Life Government Securities Fund | Invest Online||Oct-99||11.37||9.26||9.98||1.18||609|
|SBI Magnum Gilt Fund | Invest Online||Dec-00||12.04||9.46||9.90||0.95||4,307|
|IDFC Government Securities Fund - Investment Plan - Regular Plan||Dec-08||13.71||10.86||10.17||1.23||2,105|
|Nippon India Gilt Securities Fund | Invest Online||Jul-03||11.10||9.97||10.22||1.59||1,931|
|Nippon India Gilt Securities PF||Aug-08||11.12||9.98||10.23||1.71||1,931|
|Best (Period)||Worst (Period)|
|Week||7.28 (11-Dec-2008 - 18-Dec-2008)||-10.03 (02-Jan-2009 - 09-Jan-2009)|
|Month||17.24 (18-Nov-2008 - 18-Dec-2008)||-9.84 (02-Jan-2009 - 03-Feb-2009)|
|Quarter||23.74 (03-Oct-2008 - 02-Jan-2009)||-13.38 (05-Jan-2009 - 06-Apr-2009)|
|Year||27.39 (04-Dec-2000 - 04-Dec-2001)||-12.18 (02-Jan-2009 - 04-Jan-2010)|
|CCIL All Sovereign Bond - TRI||9.55||5.00||0.91||1.75||--||--|
|Rank within category||11||16||11||17||16||11|
|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-Oct-2020
|Fund||1Y High||1Y Low||Category|
|Number of Securities||14||17||12||9|
|Modified Duration (yrs)||6.97||7.70||4.61||7.40|
|Average Maturity (yrs)||9.97||12.58||6.55||11.99|
|Yield to Maturity (%)||6.08||6.87||5.98||5.85|
|Avg Credit Rating||GOI/Cash||--||--||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|6.19% GOI 16/09/2034||GOI Securities||SOV||0.00 - 29.05||29.05|
|6.45% GOI 2029||GOI Securities||SOV||2.54 - 24.00||20.35|
|7.17% GOI 2028||GOI Securities||SOV||0.65 - 14.77||13.89|
|7.88% GOI 19/03/2030||GOI Securities||SOV||7.85 - 16.44||13.87|
|5.77% GOI 2030||GOI Securities||SOV||0.00 - 5.70||5.70|
|7.65% Uttar Pradesh State 15/04/2030||State Development Loan||SOV||0.00 - 6.01||3.56|
|8.24% GOI 15/02/2027||Central Government Loan||SOV||0.00 - 11.64||2.78|
|7.40% GOI 2035||Central Government Loan||SOV||0.00 - 4.58||1.81|
|6.79% GOI 15/05/2027||GOI Securities||SOV||0.00 - 13.67||1.74|
|5.79% GOI 2030||GOI Securities||SOV||0.00 - 20.34||1.63|
|8.68% Tamilnadu State 2028||State Development Loan||SOV||0.94 - 4.79||0.94|
|7.57% GOI 17/06/2033||GOI Securities||SOV||0.31 - 48.06||0.31|
|8.35% Jharkhand State 2028||State Development Loan||SOV||0.08 - 0.20||0.08|
|8.30% GOI 2040||Central Government Loan||SOV||0.00 - 0.00||0.00|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Oct-2020
Education: Mr. Bameta has done B.Tech (IIT Kanpur), CFA Charterholder (CFA Institute, USA)
Experience: Prior to joining Aditya Birla Sun Life Mutual Fund as an Analyst, Fixed Income. He was the Head of Research in Forex and Rates Desk at Edelweiss Securities Limited, covering global and Indian forex markets and economies. He was also associated with Quant Capital for 6 years as an Economist and was covering Indian and global economy and markets.
Education: Mr. Sinha has done B.Tech in Aerospace Engg. from IIT Kharagpur and PGDM with Major in Finance from IIM Calcutta.
Experience: Prior to joining BSLAMC , he has worked with BNP Paribas Bank (October 2010 - August,2014) , Morgan Stanley Investment Management Pvt. Ltd. (March 2008 - October 2010) and ICICI Prudential Asset Management Co. Ltd. ( October 2005 - March 2008).
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The scheme seeks to generate income and capital appreciation through investments in government securities and T-Bills with medium-to-long term maturities.
|Minimum Investment (₹)||1,000|
|Minimum Addl Investment (₹)||1,000|
|Minimum SIP Investment (₹)||1,000|
|Minimum No of Cheques||6|
|Minimum Withdrawal (₹)||1|
|Minimum Balance (₹)||500|
|Fund House:||Aditya Birla Sun Life Mutual Fund|
|Return Since Launch:||9.12%|
|Benchmark:||NIFTY All Duration G-Sec TRI|
|Assets:||₹ 609 Cr (As on 31-Oct-2020)|
|Expense:||1.18% (As on 31-Oct-2020)|
|Plan||Record Date||Dividend (₹ / Unit)|
AMC: Aditya Birla Sun Life AMC Ltd.
Address: One India Bulls Center - Tower 1, 17th Floor - Jupiter Mills Compound, 841 Senapati Bhawan, Elphinstone Road, Mumbai - 400013
Phone: 022-43568000 / 1800-270-7000 / 1800-22-7000
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
Email: [email protected]