Tata Gilt Securities Fund Regular-IDCW Quarterly
(Scheme Rating)
NAV as of Aug 30, 2024
20.34-0.01%
- IDCW Quarterly - Regular
(Earn upto 1.14% Extra Returns with Direct Plan)
Fund Category:
Debt: Gilt
Expense Ratio:
1.56%(0.97% Category
average)Fund Size:
Rs. 719.86 Cr(1.20% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
Tata Gilt Securities Fund Regular-IDCW Quarterly
(Scheme Rating)
NAV as of Aug 30, 2024
20.34-0.01%
Expense Ratio:
1.56%
Fund Size:
Rs. 719.86 Cr
Fund Category:
Debt: Gilt
1. Current NAV: The Current Net Asset Value of the Tata Gilt Securities Fund - Regular Plan as of Aug 30, 2024 is Rs 20.34 for IDCW Quarterly option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 7.78% (1yr), 5.54% (3yr), 5.35% (5yr) and 8.3% (since launch). Whereas, Category returns for the same time duration are: 8.78% (1yr), 5.6% (3yr) and 6.02% (5yr).
3. Fund Size: The Tata Gilt Securities Fund - Regular Plan currently holds Assets under Management worth of Rs 719.86 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 1.57% for Regular plan as on Aug 12, 2024.
5. Exit Load: The given fund doesn't attract any Exit Load.
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 500.
Tata Gilt Securities Fund Regular-IDCW Quarterly Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 0.76 2.20 3.82 7.72 5.45 5.39 Category Avg 1.00 2.63 4.50 8.70 5.53 6.03 Rank within Category 32 31 31 29 15 21 No. of funds within Category 33 32 32 31 26 24 - Loading...
- Loading...
Return Comparison
- This Fund
- BenchmarkSBI Magnum Gilt-IDCWQ
Choose from Benchmarks
- S&P BSE Sensex
- Nifty 50
- 1M
- 3M
- 6M
- 1Y
- 5Y
Tata Gilt Securities Fund Regular-IDCW Quarterly Fund Details
Investment Objective - The scheme is a dedicated gilt fund which would invest in G-Secs to generate risk-free return and provide medium-to-long term capital gains.
Fund House | Tata Mutual Fund |
Launch Date | Sep 06, 1999 |
Benchmark | CRISIL Dynamic Gilt Index AIII |
Return Since Launch | 8.3% |
Riskometer | Moderate |
Type | Open-ended |
Risk Grade | Above Average |
Return Grade | Average |
Tata Gilt Securities Fund Regular-IDCW Quarterly Investment Details
Minimum Investment (Rs.) | 5,000.00 |
Minimum Additional Investment (Rs.) | 1,000.00 |
Minimum SIP Investment (Rs.) | 500.00 |
Minimum Withdrawal (Rs.) | 500.00 |
Exit Load | 0% |
Portfolio Allocation
Portfolio Aggregates
Fund | 1Y High | 1Y Low | Category | |
---|---|---|---|---|
Modified Duration(Yrs) | 4.47 | 12.14 | 0.9561 | 8.4806 |
Average Maturity(Yrs) | 6.12 | 32.3378 | 1.61 | 18.3481 |
Yield to Maturity(%) | 6.95 | 7.8073 | 6.95 | 7.1243 |
Avg Credit Rating | High | - | - | - |
Style Box
Investment / Portfolio Grades
Security Type | Weight(%) | Category Avg(%) |
---|---|---|
Government Backed | 86.27 | 96.67 |
Low Risk | - | - |
Moderate Risk | - | - |
High Risk | - | - |
Very High Risk | - | - |
Others | 13.73 | 3.33 |
Type of Holdings
Security Type | Weight(%) | Category Avg(%) |
---|---|---|
GOI | 74.47 | 92.87 |
CD | - | - |
T-Bills | 6.92 | 1.06 |
CP | - | - |
NCD & Bonds | - | - |
PTC | - | - |
Cash & Others | 18.61 | 6.06 |
Debt Holding In Portfolio
Instrument | Type | Sector | Rating | Value(Mn) | Total Holding(%) | Quantity |
---|---|---|---|---|---|---|
GOI | Long-term Debt | Sovereign | SOV | 1,268.00 | 17.61 | - |
GOI | Long-term Debt | Sovereign | SOV | 1,018.33 | 14.15 | - |
GOI | Long-term Debt | Sovereign | SOV | 1,009.92 | 14.03 | - |
GOI | Long-term Debt | Sovereign | SOV | 789.45 | 10.97 | - |
7.37% GOI 23/10/2028 | Long-term Debt | Sovereign | SOV | 764.26 | 10.62 | 75,00,000 |
GOI | Long-term Debt | Sovereign | SOV | 510.70 | 7.09 | - |
Reserve Bank of India | Short-term Debt | Financial | SOV | 498.12 | 6.92 | 50,00,000 |
7.49% Tamilnadu State 24/04/2034 | Long-term Debt | Others | SOV | 148.19 | 2.06 | 14,60,800 |
7.48% Rajasthan State 20/03/2037 | Long-term Debt | Others | SOV | 101.38 | 1.41 | 10,00,000 |
Uttar Pradesh State | Long-term Debt | Others | SOV | 101.30 | 1.41 | 10,00,000 |
![Discover Mutual Funds](/https/economictimes.indiatimes.com/photo/msid-100097201,quality-100/discover-mf.jpg)
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Tata Gilt Securities Fund Regular-IDCW Quarterly 20.34 719.86 0.76 7.72 5.45 5.39 SBI Magnum Gilt Fund-IDCW Quarterly 19.15 8,870.92 0.99 9.03 6.58 6.97 Aditya Birla Sun Life Government Securities Fund Regular-IDCW Quarterly 11.42 1,865.69 0.97 9.23 5.60 6.46 Invesco India Gilt Fund- IDCW Quarterly 1,224.44 786.25 1.08 10.04 5.90 5.17 Bandhan Government Securities Investment Regular-IDCW Quarterly 11.73 2,543.49 1.14 10.77 5.88 6.83
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
Low Volatality
2.17VS2.18Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
High Volatality
0.54VS0.53Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Poor risk-adjusted returns
-0.08VS-0.04Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Poor risk-adjusted returns
-0.31VS-0.15Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Poor risk-adjusted returns
-0.85VS-0.74Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Poor average monthly returns
5.37VS5.47Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Tata Mutual Fund News
- NFO Tracker: Tata Mutual Fund launches Nifty200 Alpha 30 Index Fund
- Fund Manager Talk | Not shifting focus from active to passive, says Tata MF
- NFO Watch: Tata Nifty India Tourism Index Fund is open for subscription. Key things to know
- NFO Watch: Tata Mutual Fund launches Tata Nifty India Tourism Index Fund
Fund Manager
- A.M.Akhil MittalSince Mar 20221 schemes
Mr. Mittal is B.Com (H) and MBA from University Business School. Prior to joining Tata AMC, he has worked with Canara Robeco AMC, Principal Asset Management Company, Edelweiss Securities Ltd. and Rallis India Ltd.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Tata Floating Rate Fund Regular - IDCW Quarterly Floater 11.92 215.33 7.13
More Tata Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Tata Liquid Fund Regular-Growth | 29,639.40 | 0.59 | 1.82 | 3.56 | 7.17 | 5.27 | |
Tata Money Market Fund Regular-Growth | 16,515.32 | 0.71 | 1.91 | 3.65 | 7.66 | 5.66 | |
Tata Arbitrage Fund Regular - Growth | 10,151.81 | 0.61 | 2.08 | 3.69 | 7.47 | 5.35 | |
Tata Digital India Fund Regular-Growth | 10,068.22 | -1.43 | 10.22 | 16.35 | 35.28 | 18.50 | |
Tata Balanced Advantage Fund Regular - Growth | 8,729.74 | 2.15 | 6.49 | 10.56 | 23.37 | 12.40 | |
Tata Equity PE Fund Regular-Growth | 7,255.96 | 1.33 | 9.67 | 20.52 | 46.88 | 21.67 | |
Tata Large & Mid Cap Fund Regular-Growth | 6,619.55 | 1.24 | 6.80 | 10.06 | 32.29 | 17.12 | |
Tata Small Cap Fund Regular - Growth | 6,289.22 | -2.12 | 1.28 | 7.74 | 34.51 | 27.33 | |
Tata ELSS Tax Saver Fund-Growth | 4,016.44 | 0.58 | 4.55 | 9.82 | 31.08 | 15.71 | |
Tata Hybrid Equity Fund Regular-Growth | 3,693.58 | 1.77 | 6.48 | 9.80 | 23.55 | 13.60 |
Mutual Fund Tools
Top AMCs
- SBI Mutual Fund
- ICICI Prudential Mutual Fund
- HDFC Mutual Fund
- Nippon India Mutual Fund
- Kotak Mahindra Mutual Fund
- Aditya Birla Sun Life Mutual Fund
- UTI Mutual Fund
- Axis Mutual Fund
- Mirae Asset Mutual Fund
- DSP Mutual Fund
- Edelweiss Mutual Fund
- Tata Mutual Fund
- Bandhan Mutual Fund
- HSBC Mutual Fund
- Franklin Templeton Mutual Fund
1. Tata Gilt Securities Fund - Regular Plan is Open-ended Gilt Debt scheme which belongs to Tata Mutual Fund House.
2. The fund was launched on Sep 06, 1999.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme is a dedicated gilt fund which would invest in G-Secs to generate risk-free return and provide medium-to-long term capital gains. "
2. It is benchmarked against CRISIL Dynamic Gilt Index AIII.
Asset Allocation & Portfolio Composition
1. The portfolio allocation of debt securities primarily have 2 kinds of risks: interest rate risk & credit risk. While the interest rate movements are driven by the fund's duration, credit quality of debt securities are based on the weighted average credit ratings of a fund. Generally, funds with high credit quality will have the weighted average credit rating of AA- and higher rated securities, funds with medium credit quality will hold securities having credit rating lying between A- to BBB- and funds with low credit quality will hold securities having average credit rating of less than BBB-. Credit rating is a qualitative tool that basically assesses the creditworthiness and financial soundness of a company and takes into consideration several factors including the default rate and solvency of the concerned business entity.
2. The portfolio of the fund has securities with varying levels of maturities. Duration takes into consideration the sensitivity of the average maturity of these securities with respect to the interest rate changes. The Average Maturity of Tata Gilt Securities Fund - Regular Plan is 6.12 years and Duration is 4.47285868 years. Generally, securities with high maturity are more sensitive to interest rate changes. So, an investor with a low risk appetite may look to invest in a fund with low maturity and duration vis-a-vis category levels.
3. All these parameters - average maturity, duration, interest rate changes, credit quality, credit rating, liquidity etc. need to be looked at in conjunction with each other to determine the quality of portfolio of a fund.
Tax Implications on Tata Gilt Securities Fund Regular-IDCW Quarterly
Capital Gains Tax Implications:
If the investment is made after Apr 1, 2023:
1. The entire amount of gain will be added to the investor's income (irrespective of the period of investment) and will be taxed as per his/her applicable slab rate.
If the investment is made before Apr 1, 2023:
1. If units are redeemed within 3 years of investment, the whole gain will be added to the investor's income and taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post-indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering one's capital gains which brings down the taxable income and thereby reduces taxes on it.
Dividend Tax Implications:
1. For Dividend Distribution Tax, the dividend income from this fund will get added to an investor’s income and taxed according to his/her respective tax slabs.
2. Also, for dividend income more than Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
This Might Catch Your Interest
FAQs about Tata Gilt Securities Fund Regular-IDCW Quarterly
- Is it safe to invest in Tata Gilt Securities Fund - Regular Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Tata Gilt Securities Fund - Regular Plan comes under Moderate risk category.
- What is the category of Tata Gilt Securities Fund - Regular Plan?Tata Gilt Securities Fund - Regular Plan belongs to the Debt : Gilt category of funds.
- How Long should I Invest in Tata Gilt Securities Fund - Regular Plan?The suggested investment horizon of investing into Tata Gilt Securities Fund - Regular Plan is >5 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Tata Gilt Securities Fund - Regular Plan?The Tata Gilt Securities Fund - Regular Plan is managed by Akhil Mittal (Since Mar 01, 2022).
Date Sources: Mutual Funds, ETFs, and NPS data are sourced from Value Research. All times stamps are reflecting IST (Indian Standard Time). By using this site, you agree to the Terms of Service and Privacy Policy.