IDFC Government Securities Fund - Investment Plan Fund Satellite Bucket

(Government Securities Fund PF has been merged into Government Securities Fund IP w.e.f. May 7, 2018)
An open ended debt scheme investing in government securities across maturities

31st December 2019

IDFC Government Securities Fund - Investment Plan FundSatellite Bucket

(Government Securities Fund PF has been merged into Government Securities Fund IP w.e.f. May 7, 2018)
An open ended debt scheme investing in government securities across maturities

31st December 2019

About the Fund: A dedicated gilt fund with an objective to generate optimal returns with high liquidity by investing in Government Securities.
Category: Gilt
Monthly Avg AUM : ₹ 472.90 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 : ₹ 461.57 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. Suyash Choudhary (Since 15th October 2010)
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.

4.51%
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.

8.11 years
Average Maturity 12.75 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.

7.09%
Asset Quality
Sovereign100.00%
Expense Ratio
Regular1.03%
Direct0.42%
Benchmark: CRISIL Dynamic Gilt Index (w.e.f. 01 February 2019)
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 - Quarterly, Half Yearly, Annual, Regular & 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 (w.e.f. 15th July 2011)
NAV (₹)
Plan Option Freq NAV
Regular Plan Dividend -12.8195
Regular Plan Growth -24.5839
Regular Plan Dividend Quarterly 11.4674
Regular Plan Dividend Annual 11.8903
Regular Plan Dividend Half Yearly 11.0573
Regular Plan Dividend Periodic 16.5859


NameRating% of NAV
Government Bond 99.36%
7.57% - 2033 G-Sec SOV 79.42%
7.88% - 2030 G-Sec SOV 11.55%
7.61% - 2030 G-Sec SOV 6.83%
7.17% - 2028 G-Sec SOV 1.56%
Net Cash and Cash Equivalent 0.64%
Grand Total 100.00%



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. Standard Deviation calculated on the basis of 1 year history of monthly data
*Inception Date of Regular Plan - Growth Dec 03, 2008.


  • To generate long term optimal returns.
  • Investments in Government Securities across maturities.

* 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.
Gsec/SDL yields have been annualized wherever applicable