Aditya Birla Sun Life Government Securities Fund Direct Growth

Debt
Direct
Government Bond
Aditya Birla Sun Life Government Securities Fund Direct Growth

About the Fund

Aditya Birla Sun Life Government Securities Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Bhupesh Bameta. This fund is suitable to keep your money safe.

Key Parameters

  1. Aditya Birla Sun Life Government Securities Fund Direct Growth has ₹1673 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.5.

Returns

Aditya Birla Sun Life Government Securities Fund Direct Growth has given a CAGR return of 8.93% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.87%, 6.36% and 6.79% respectively.

Holdings

Aditya Birla Sun Life Government Securities Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.3% Govt Stock 2053, 7.18% Govt Stock 2033, 7.26% Govt Stock 2033, 7.18% Govt Stock 2037, 5.63% Govt Stock 2026

Taxation

As it is a government bond mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of Aditya Birla Sun Life Government Securities Fund Direct Growth

An Open - ended government securities scheme with the objective to generate income and capital appreciation through investments exclusively in Government Securities.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 1000.00. Aditya Birla Sun Life Government Securities Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
40 people have invested ₹ 2L in Aditya Birla Sun Life Government Securities Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.47%
Benchmark
ICICI Securities Mibex TR INR
AUM₹1673 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹1000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
278.57%
Risk
Risk meter
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Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

Jun'24

May'24

Apr'24

Government
92.3%
Cash Equivalent
7.7%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.3% Govt Stock 2053
7.3% Govt Stock 2053
39.82%
-9.2%
7.18% Govt Stock 2033
7.18% Govt Stock 2033
30%
63.5%
7.26% Govt Stock 2033
7.26% Govt Stock 2033
16.36%
4000%
7.18% Govt Stock 2037
7.18% Govt Stock 2037
6%
0%
5.63% Govt Stock 2026
5.63% Govt Stock 2026
0.04%
0%

Bhupesh Bameta
Bhupesh Bameta
Fund Manager of Aditya Birla Sun Life Government Securities Fund Direct Growth, since 6 August 2020

Mutual Fund Insights

Insights icon
In the last 3 years, ICICI Prudential Gilt Fund Direct Plan Growth has given 7.07% return, outperforming this fund by 0.72% per annum.
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In the last 5 years, ICICI Prudential Gilt Fund Direct Plan Growth has given 7.48% return, outperforming this fund by 0.69% per annum.
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In the last 1 year, Bandhan Government Securities Fund - Investment Plan - Direct Plan - Growth has given 10.26% return, outperforming this fund by 1.4%.
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This fund expense ratio is slightly on the lower side within the category (government bond). Its expense ratio is 0.47% which is lower than the category average expense ratio of 0.77%.
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Over the last 1 month, this fund has experienced a 5.9% drop in AUM moving from 1.77K Cr to 1.67K Cr.

Aditya Birla Sun Life Government Securities Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 8.93% since inception which is more than its category average return of 6.82%
AUM size ₹1673 Cr

AUM size ₹1673 Cr

This fund has AUM of ₹1673 Cr which is more than its category average of ₹ 1482 Cr
Expense Ratio 0.47%

Expense Ratio 0.47%

This fund has an expense ratio of 0.47% which is less than its category average expense ratio of 0.88%

Frequently Asked Questions

The current NAV of Aditya Birla Sun Life Government Securities Fund Direct Growth is ₹81.01 as on 18-Jul-2024.
Existing (Absolute + CAGR) as on 18-Jul-2024.
Aditya Birla Sun Life Government Securities Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.74%
0.74%
6 Month Returns
5.52%
5.52%
1 Year Returns
8.87%
8.87%
3 Years Returns
20.31%
6.36%
5 Years Returns
38.89%
6.79%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.47% as on June 2024
₹1673 Cr as on June 2024
7.3% Govt Stock 2053(39.82%), 7.18% Govt Stock 2033(30%), 7.26% Govt Stock 2033(16.36%), 7.18% Govt Stock 2037(6%), 5.63% Govt Stock 2026(0.04%) as on June 2024
Yield to Maturity is 7.14 as on June 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 8.39 as on June 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Bhupesh Bameta is the fund manager of Aditya Birla Sun Life Government Securities Fund Direct Growth
The Exit load of Aditya Birla Sun Life Government Securities Fund Direct Growth is 0%