- Mutual Funds
- IDFC Mutual Funds
- IDFC Government Securities Fund Constant Maturity (Growth)
Formerly Grindlays Gov Sec S/T A Gr
IDFC Government Securities Fund Constant Maturity (Growth)
₹ 35.4836
NAV (Jun 23)
Funds in the category are exposed to very high variations when interest rates change.On the other hand,such a strategy results in a very high credit quality of the fund.This is the smallest category(less than 0.1 % of the total debt fund assets) with very few funds.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher interest rate risk and high volatility.
Track Record
20 Years. The fund has an Extended history for analysis and the track record is excellent.
Relative Size
233 Cr. Small within the category
Impact of Interest Rate Changes
Highest Interest Rate Risk. The impact on fund value is very high when interest rates change
Credit Quality Of Fund's Portfolio
Moderate Credit Risk. The fund has a moderate credit quality compared to other debt funds
Scripbox Recommended Debt Funds
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Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 35.4836
NAV (Jun 23)
Fund Returns
Last 1Y | -1.3% |
Last 3Y | 5.6% |
Last 5Y | 7.8% |
Last 10Y | 9% |
Since Inception | 6.4% |
6 Month CAGR | -2.9% |
Scheme Information
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.
Expense Ratio | 0.62 |
Launched (20y ago) | Mar 09, 2002 |
AUM in Crores | 232.614 |
ISIN | INF194K01FA0 |
Lock-in | No Lock-in |
Benchmark | CRISIL 10 Yr Gilt Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Instrument | Returns | Total Corpus | Gains | Annualised % |
|---|---|---|---|---|
| Mutual Fund | 965,796 | 233,184 | 11.25% | |
| EPF | 900,761 | 168,149 | 8.50% | |
| Property | 867,662 | 135,050 | 7.00% | |
| PPF | 869,819 | 137,207 | 7.10% | |
| Bank FD | 846,471 | 113,859 | 6.00% | |
| Gold | 846,471 | 113,859 | 6.00% | |
| Savings Bank | 825,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
6.54% govt stock 2032
90.9%triparty repo
3.2%8.24% govt stock 2027
3.2%net current assets
1.3%7.17% govt stock 2028
0.8%Comparison with Debt Funds
| Fund Name | Scripbox Opinion | Fund Size | Track Record |
|---|---|---|---|
₹ 44,308 cr | |||
₹ 14,441 cr | |||
₹ 18,739 cr | |||
₹ 12,059 cr | |||
₹ 44,308 cr |
About the AMC
IDFC Asset Management Company Limited
IDFC Asset Management Company Limited manages assets worth 121,537 crores and was set up on 20 December 1999. It's current offering of mutual fund schemes includes 33 equity,199 debt and 32 hybrid funds.
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
5.8% | 7.7% | ||
5% | 7.9% | ||
10.5% | 10.2% | ||
7.8% | 8.6% | ||
5.2% | 7.2% |
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsIDFC Government Securities Fund Constant Maturity (G) Review
IDFC Government Securities Fund Constant Maturity (G) is a Gilt With 10 Year Constant Duration Debt fund and has delivered an annualised return of 6.4% over a period of 20 years. The fund was previously known as Grindlays Gov Sec S/T A Gr. The fund is managed by IDFC Asset Management Company Limited. The fund manager’s name is Harshal Joshi.
Nav of IDFC Government Securities Fund Constant Maturity (G) as of 6/23/2022 is ₹35.48 with the total AUM as of 6/24/2022 is ₹232.614. With Scripbox you can compare and check the latest nav for all mutual funds in India. IDFC Government Securities Fund Constant Maturity (G) was launched on Mar 09, 2002. The category risk of the fund is Moderate Risk.
The minimum SIP amount for IDFC Government Securities Fund Constant Maturity (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
IDFC Government Securities Fund Constant Maturity (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL 10 Yr Gilt Index.
IDFC Government Securities Fund Constant Maturity (G) is rated as a 4 fund in Debt and delivered -1.3% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with IDFC Government Securities Fund Constant Maturity (G).
Frequently Asked Questions
What is IDFC Government Securities Fund Constant Maturity (G)?
How to invest in IDFC Government Securities Fund Constant Maturity (G)?
You can invest in IDFC Government Securities Fund Constant Maturity (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of IDFC Government Securities Fund Constant Maturity (G)?
The minimum sip amount for IDFC Government Securities Fund Constant Maturity (G) is ₹1000. You can invest in multiples of ₹5000.
Is IDFC Government Securities Fund Constant Maturity (G) good to invest in?
As per Scripbox experts, IDFC Government Securities Fund Constant Maturity (G) is a Top Ranked fund. You can investIDFC Government Securities Fund Constant Maturity (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the IDFC Government Securities Fund Constant Maturity (G)?
The expense ratio of the IDFC Government Securities Fund Constant Maturity (G) is 0.62% for regular plan.