• Mutual Funds
  • IDFC Mutual Funds
  • IDFC Government Securities Fund Constant Maturity (Growth)

Formerly Grindlays Gov Sec S/T A Gr

IDFC Mutual Funds

IDFC Government Securities Fund Constant Maturity (Growth)

DebtGilt With 10 Year Constant Duration

Top Ranked

35.4836

NAV (Jun 23)

5.6%
3 Year CAGR
Scripbox Opinion
Top Ranked
These are the top-ranked funds within gilt with 10 year constant duration mutual funds.However, Scripbox does not recommend investing in gilt with 10 year constant duration mutual funds.Gilt Funds with 10 year constant duration are mandated to invest a minimum of 80% of their total assets in Government Securities such that the duration of the portfolio is equal to 10 years.

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.

Our analysis of this fundLearn how we rate funds ->

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

Want the floating rate funds that are right for your short term investment needs?

Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical 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

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.

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

Harshal Joshi

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 93,3385.00%

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

Last updated on 2022-06-23

Top Debt Holdings

6.54% govt stock 2032

90.9%
90.9%

triparty repo

3.2%
3.2%

8.24% govt stock 2027

3.2%
3.2%

net current assets

1.3%
1.3%

7.17% govt stock 2028

0.8%
0.8%
See all holdings

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 44,308 cr

5

₹ 14,441 cr

5

₹ 18,739 cr

5

₹ 12,059 cr

5

₹ 44,308 cr

5

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.

amc-img

  • 022-66289999
  • investormf@idfc.com
  • Fund NameScripbox 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 Investment

    0

    Wealth Gained

    0

    Total Corpus Created (₹)

    With CAGR of 11.25 % in 5 years

    IDFC 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)?

    IDFC Government Securities Fund Constant Maturity (G) is a Gilt With 10 Year Constant Duration Debt scheme predominantly investing across Debt stocks with an investment objective to generate wealth over the long term.

    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.