Edelweiss Government Securities Fund Direct Growth
Debt
Direct
Government Bond
NAV: ₹ 21.6 as on 24-03-2023
Fund Performance
177 people have invested ₹ 8.6L in mutual fund in the last three months
Fund Insights
In the last 1 year, ICICI Prudential Gilt Fund Direct Plan Growth has given 6.31% return, outperforming Edelweiss Government Securities Fund Direct Growth by 1.7%
In the last 3 years, Edelweiss Government Securities Fund Direct Growth has outperformed all funds in its category
In the last 5 years, DSP Government Securities Fund Direct Plan Growth has given 8.61% return, outperforming Edelweiss Government Securities Fund Direct Growth by 0.37% per annum
Edelweiss Government Securities Fund Direct Growth expense ratio is slightly on the lower side within the category (government bond). Its expense ratio is 0.66% which is lower than the category average expense ratio of 0.78%
Edelweiss Government Securities Fund Direct Growth Performance as on (24-Mar-23)
About the Fund
Edelweiss Government Securities Fund Direct Growth is a debt fund. This fund was started on 13 February, 2014. The fund is managed by Dhawal Dalal, Rahul Dedhia. This fund is suitable to keep your money safe.
Key parameters
1) Edelweiss Government Securities Fund Direct Growth has a NAV of ₹21.6247 as on 24-03-2023.
2) Edelweiss Government Securities Fund Direct Growth has ₹120 Cr worth of assets under management (AUM) as on 31-01-2023 and is less than category average.
3) The fund has an expense ratio 0.66 %.
Edelweiss Government Securities Fund Direct Growth Overview
 | 0.66% |
 Benchmark | ICICI Securities Mibex TR INR |
 | ₹120 Cr |
 | 13 February, 2014 |
 | ₹5000/₹500 |
 | 0% |
 | No Lock-in |
 TurnOver | 2461.6% |
Fund Distribution as on (28-Feb-23)
Credit rating breakup
AAA
100%
Sector Allocation
Government
84.1%
Cash Equivalent
15.9%
Top Holdings of Edelweiss Government Securities Fund Direct Growth as on (28-Feb-23)
Debt Holdings5
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 7.38 6/20/2027 12:00:00 Am | 68.9% | 0% | |
7.26 8/22/2032 12:00:00 Am | 25.29% | -33.3% | |
Clearing Corporation Of India Ltd. | 3.9% | 0% | |
Accrued Interest | 1.69% | 0% | |
08.38 GJ Sdl 2029 | 0.08% | 0% |
Edelweiss Government Securities Fund Direct Growth: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- This fund’s returns stands at -0.12% whereas the fund’s underlying benchmark Government Bond Index returns stands at 0.00% as on Feb'23
- This fund underperformed Government Bond Index by 0.12% in Feb'23
AUM Change
- AUM of the fund stands at 119.7 Cr as of Feb'23
- AUM increased by 1.7 Cr between Feb'23 and Jan'23
Fund Portfolio Changes
Debt allocation has gone down from 94.5% to 84.1%
Cash allocation has gone up from 5.5% to 15.9%
Top Sector in February was Government
Feb'23
Government
84%
Jan'23
Government
94%
Peer Analysis
Edelweiss Government Securities Fund Direct Growth Fund Manager
Dhawal Dalal
Fund Manager of Edelweiss Government Securities Fund Direct Growth, since 28 November 2016
Top funds managed
Rahul Dedhia
Fund Manager of Edelweiss Government Securities Fund Direct Growth, since 23 November 2021
Top funds managed
Fund Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 8.84% since inception which is more than its category average return of 6.39%
AUM size ₹120 Cr
This fund has AUM of ₹120 Cr which is less than its category average of ₹ 816 Cr
Expense Ratio 0.66%
This fund has an expense ratio of 0.66% which is less than its category average expense ratio of 0.93%
Frequently Asked Questions
The current NAV of Edelweiss Government Securities Fund Direct Growth is 21.58 as on 20-Mar-2023.
Existing (Absolute + CAGR)
Edelweiss Government Securities Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.83% | 0.83% |
6 Month Returns | 2.91% | 2.91% |
1 Year Returns | 4.19% | 4.19% |
3 Years Returns | 21.75% | 6.78% |
5 Years Returns | 48.11% | 8.17% |
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.
0.66 as on February 2023
120 Cr as on February 2023
Yield to Maturity is 7.43 as on February 2023. 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 3.57 as on February 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Dhawal Dalal,Rahul Dedhia are the fund managers of Edelweiss Government Securities Fund Direct Growth
The Exit load of Edelweiss Government Securities Fund Direct Growth is 0%