FUND FEATURES

About the Fund: The fund is a mix of government bonds, state development loans (SDLs), treasury bills and/or cash management bills. The fund will predominantly invest at the shorter end of the sovereign yield curve.
Category: Gilt Fund with 10 year constant duration
Monthly Avg AUM: ₹ 29.91 Crores
Monthly end AUM: ₹ 32.14 Crores
Inception Date: 9 March 2002
Fund Manager:
Mr. Harshal Joshi (w.e.f. 15th May 2017)
Other Parameter:

Standard Deviation (Annualized)	4.34%
Modified Duration	6.81 years
Average Maturity	10.33 years
Yield to Maturity	7.88%
Expense Ratio
Regular	0.48%
Direct	0.39%

Benchmark: CRISIL 10 year Gilt Index (w.e.f. 28th May 2018)
SIP (Minimum Amount): ₹ 1,000/-
SIP Frequency: Monthly
SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of installment
Investment Objective: Click here
Minimum Investment Amount : ₹ 5,000/- and any amount thereafter
Option Available: Growth, Dividend - Weekly, Monthly, Quarterly & Periodic
Exit Load: Nil. Yields for GSec/SDLs have been annualized wherever applicable.
NAV (₹)

Plan	Option	Freq	NAV
Regular Plan	Growth	-	28.4874
Regular Plan	Dividend	Quarterly	11.0751
Regular Plan	Dividend	Annual	N.A
Regular Plan	Dividend	Periodic	15.2675
Regular Plan	Dividend	Weekly	10.2277
Regular Plan	Dividend	Monthly	10.4047

PORTFOLIO

Name	Rating	% of NAV
State Government Bond		50.36%
8.37% Tamilnadu SDL - 2029	SOV	15.90%
8.3% Karnataka SDL - 2029	SOV	15.83%
8.08% Maharashtra SDL - 2028	SOV	15.61%
8.08% Gujarat SDL - 2028	SOV	3.02%
Government Bond		40.93%
6.68% - 2031 G-Sec	SOV	40.93%
Net Cash and Cash Equivalent		8.70%
Grand Total		100.00%

Maturity Bucket

Asset Quality

Asset Allocation

PERFORMANCE TABLE

Performance based on NAV as on 29/03/2019. Past performance may or may not be sustained in future.
The performances given are of regular plan growth option.
Click here for other funds managed by the fund manager and refer to the respective fund pages
^#Benchmark Returns. ^##Alternate Benchmark Returns. *Inception Date of Regular Plan - Growth Mar 09, 2002.

RISKOMETER

To generate optimal returns over long term.
Investments in Government Securities such that the average maturity of the portfolio is around 10 years.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc.
Standard Deviation calculated on the basis of 1 year history of monthly data Gsec/SDL yields have been annualized wherever applicable
^The fund is repositioned w.e.f. May 28, 2018
^ßCurrent Index performance adjusted for the period from since inception to May 28, 2018 with the performance of I-Sec Si Bex (Benchmark)