Fund Details
IDFC Government Securities Provident Direct Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.30% |
| NAV | ₹30.64 (04 May 2018) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹95 Cr |
Returns
Comparison
1. Lower expense ratio - 0.30413092%
2. 3Y Returns are higher than the category average returns
3. Exit load is zero
1. Asset under management(AUM) is less than 100 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
3. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | CGL | 41.9% |
| GOI | Sovereign | CGL | 24.6% |
| GOI | Sovereign | CGL | 12.0% |
| GOI | Sovereign | GOI Sec | 7.3% |
| GOI | Sovereign | CGL | 4.8% |
| Maharashtra State | Others | SDL | 4.3% |
| GOI | Sovereign | GOI Sec | 1.0% |
| Haryana State | Others | SDL | 0.4% |
| Uttar Pradesh State | Others | SDL | 0.3% |
| Madhya Pradesh State | Others | SDL | 0.3% |
Fund Managers
IDFC Government Securities Provident Direct Growth Details
IDFC Government Securities Provident Direct Growth is a Debt Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Suyash Choudhary is the Current Fund Manager of IDFC Government Securities Provident Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹95 Cr and the Latest NAV as of 04 May 2018 is ₹30.64.
The IDFC Government Securities Provident Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 100.
Investment Objective
The scheme seeks to generate reasonable return with high liquidity through investment in Government securities of all maturities and Treasury bills.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
