IDFC Government Securities Fund - Constant Maturity Plan

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 have an average maturity of 10 years.
Category: Gilt Fund with 10 year constant duration

Monthly Avg AUM

: ₹ 132.77 Crores

AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.

Monthly end AUM

: ₹ 131.69 Crores

AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.

Inception Date: 9 March 2002

Fund Manager

An employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He is usually part of a larger team of fund managers and research analysts.

Mr. Harshal Joshi (w.e.f. 15th May 2017)
Other Parameter:

Standard Deviation (Annualized) Standard deviation is a statistical measure of the range of an investment's performance. When a mutual fund has a high standard deviation, its means its range of performance is wide, implying greater volatility.	4.73%
Modified Duration The Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTM factors in the bond's current market price, par value, coupon interest rate and time to maturity.	7.39 years
Average Maturity	11.34 years
Yield to Maturity The Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTM factors in the bond's current market price, par value, coupon interest rate and time to maturity.	7.05%
Expense Ratio
Regular	0.54%
Direct	0.40%

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 instalment.
Investment Objective: Click here
Minimum Investment Amount : ₹ 5,000/- and any amount thereafter
Option Available: Growth, Dividend - Weekly, Monthly, Quarterly & Periodic.

Exit Load

Exit load is charged at the time an investor redeems the units of a mutual fund. The exit load is deducted from the prevailing NAV at the time of redemption. For instance, if the NAV is ₹ 100 and the exit load is 1%, the redemption price would be ₹ 99 per unit.

Nil. Yields for GSec/SDLs have been annualized wherever applicable.
NAV (₹)

Plan	Option	Freq	NAV
Regular Plan	Growth	-	31.7869
Regular Plan	Dividend	Quarterly	11.3180
Regular Plan	Dividend	Annual	N.A
Regular Plan	Dividend	Periodic	17.0360
Regular Plan	Dividend	Weekly	10.1688
Regular Plan	Dividend	Monthly	10.3887

Portfolio

Name	Rating	% of NAV
Government Bond		96.55%
7.88% - 2030 G-Sec	SOV	56.67%
7.57% - 2033 G-Sec	SOV	39.88%
Net Cash and Cash Equivalent		3.45%
Grand Total		100.00%

Maturity Bucket

Asset Quality

Asset Allocation

Performance Table

Performance based on NAV as on 31/12/2019 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
^BCurrent Index performance adjusted for the period from since inception to May 28, 2018 with the performance of I-Sec Si Bex (Benchmark)