IDFC Government Securities Fund - Constant Maturity PlanSatellite Bucket

An open ended debt scheme investing in government securities having a constant maturity of 10 years

30th September 2021

IDFC Government Securities Fund - Constant Maturity PlanSatellite Bucket

An open ended debt scheme investing in government securities having a constant maturity of 10 years

30th September 2021

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 : ₹ 282.27 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 : ₹ 269.86 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.

3.84%
Modified Duration

Modified duration is the price sensitivity and the percentage change in price for a unit change in yield

6.64 years
Average Maturity 8.99 years
Macaulay Duration 6.85 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.

6.16%
Expense Ratio
Regular0.62%
Direct0.49%
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: Both the Plans under the Scheme have Growth & IDCW@ Option. IDCW@ Option under the Scheme offers Quarterly, Half yearly, Annual, Regular and Periodic frequency (each with payout, reinvestment and sweep facility).
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.
NAV (₹) as on September 30, 2021
Plan Option Freq NAV
Regular Plan Growth - 36.6917
Regular Plan IDCW@ Quarterly 11.2927
Regular Plan IDCW@ Annual N.A
Regular Plan IDCW@ Periodic 13.1346
Regular Plan IDCW@ Weekly 10.1715
Regular Plan IDCW@ Monthly10.3983
@Income Distribution and Capital Withdrawal


NameRating% of NAV
Government Bond 95.96%
6.1% - 2031 G-Sec SOV 82.66%
7.17% - 2028 G-Sec SOV 6.57%
8.24% - 2027 G-Sec SOV 2.94%
6.79% - 2027 G-Sec SOV 2.51%
8.28% - 2027 G-Sec SOV 1.28%
Net Cash and Cash Equivalent 4.04%
Grand Total 100.00%






Performance based on NAV as on 30/09/2021 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.



Scheme risk-o-meter

Investors understand that their principal will be at Moderate risk

This product is suitable for investors who are seeking*

  • 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.

Benchmark risk-o-meter

CRISIL 10 year Gilt Index




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)
Yields for GSec/SDLs have been annualized wherever applicable.