Fund Details
IDFC Government Securities Fund Constant Maturity Direct Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.49% |
| NAV | ₹36.21 (20 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹358 Cr |
Returns
Comparison
1. Lower expense ratio - 0.48%
2. Exit load is zero
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 42.0% |
| GOI | Sovereign | GOI Sec | 32.1% |
| GOI | Sovereign | GOI Sec | 9.1% |
| GOI | Sovereign | GOI Sec | 7.2% |
| GOI | Sovereign | GOI Sec | 3.3% |
| GOI | Sovereign | GOI Sec | 1.9% |
| GOI | Sovereign | GOI Sec | 0.6% |
Fund Managers
IDFC Government Securities Fund Constant Maturity Direct Growth Details
IDFC Government Securities Fund Constant Maturity Direct Growth is a Debt Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Harshal Joshi is the Current Fund Manager of IDFC Government Securities Fund Constant Maturity Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹358 Cr and the Latest NAV as of 20 Jan 2021 is ₹36.21.
The IDFC Government Securities Fund Constant Maturity Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
Investment Objective
The scheme seeks to generate optimal returns with high liquidity by investing in Government securities such that weighted average portfolio maturity of around 10 years.
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.
