Previously Known As : Idfc Government Securities Fund - Constant Maturity Plan
Bandhan Government Securities Fund - Constant Maturity Plan Overview
Category Gilt Fund with 10 year constant duration
BMSMONEY Rank -
Rating
Growth Option 07-04-2025
NAV ₹45.14(R) -0.11% ₹45.87(D) -0.11%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 11.28% 7.62% 6.69% 8.45% 8.44%
Direct 11.53% 7.82% 6.87% 8.61% 8.6%
Benchmark
SIP (XIRR) Regular 11.99% 9.61% 5.81% 6.51% 7.61%
Direct 12.24% 9.84% 6.0% 6.69% 7.78%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.22 0.09 0.59 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
2.88% -3.26% -2.52% - 2.15%

NAV Date: 07-04-2025

Scheme Name NAV Rupee Change Percent Change
BANDHAN Government Securities Fund - Constant Maturity Plan - Regular Plan - Weekly IDCW 10.25
-0.0700
-0.6900%
BANDHAN Government Securities Fund - Constant Maturity Plan - Regular Plan - Monthly IDCW 10.55
-0.0100
-0.1100%
BANDHAN Government Securities Fund - Constant Maturity Plan -Direct Plan-Monthly IDCW 10.59
-0.0100
-0.1100%
BANDHAN Government Securities Fund - Constant Maturity Plan - Regular Plan - Quarterly IDCW 11.63
-0.0100
-0.1100%
BANDHAN Government Securities Fund - Constant Maturity Plan -Direct Plan-Quarterly IDCW 11.92
-0.0100
-0.1100%
BANDHAN Government Securities Fund - Constant Maturity Plan -Direct Plan-Periodic IDCW 13.66
-0.0100
-0.1100%
BANDHAN Government Securities Fund - Constant Maturity Plan - Regular Plan - Periodic IDCW 16.16
-0.0200
-0.1100%
BANDHAN Government Securities Fund - Constant Maturity Plan -Direct Plan-Weekly IDCW 17.95
-0.1800
-0.9700%
BANDHAN Government Securities Fund - Constant Maturity Plan - Regular Plan - Growth 45.14
-0.0500
-0.1100%
BANDHAN Government Securities Fund - Constant Maturity Plan -Direct Plan-Growth 45.87
-0.0500
-0.1100%

Review Date: 07-04-2025

Beginning of Analysis

The 5 star rating shows an excellent past performance of the Bandhan Government Securities Fund - Constant Maturity Plan in Gilt Fund with 10 year constant duration. The Bandhan Government Securities Fund - Constant Maturity Plan has a Sharpe Ratio of 0.22 which is higher than the category average of 0.19. Here the Bandhan Government Securities Fund - Constant Maturity Plan has shown very good performance in terms of risk adjusted returns.
The past performance of the {fund_name_eng} may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds.
Gilt Mutual Funds with 10-Year Constant Duration are debt funds that invest primarily in government securities and maintain a fixed portfolio duration of 10 years. These funds are ideal for risk-averse investors seeking safety and stability in their debt portfolio, as they carry zero credit risk due to their investment in government-backed securities. However, they are highly sensitive to interest rate changes due to their long duration, making them more volatile compared to other debt funds. These funds perform well in a falling interest rate environment, offering significant capital appreciation, but may underperform when interest rates rise. They are best suited for long-term investors (with a horizon of 5–10 years or more) who can tolerate volatility and understand the impact of interest rate movements on bond prices. Investors should carefully assess their risk tolerance, investment horizon, and financial goals before investing in these funds. Additionally, choosing funds managed by experienced professionals can help navigate interest rate cycles effectively.

Bandhan Government Securities Fund - Constant Maturity Plan Return Analysis

  • The fund has given a return of 2.46%, 3.69 and 5.64 in last one, three and six months respectively. In the same period the category average return was 2.16%, 3.48% and 5.47% respectively.
  • Bandhan Government Securities Fund - Constant Maturity Plan has given a return of 11.53% in last one year. In the same period the category average return was 11.16%.
  • The fund has given a return of 7.82% in last three years and ranked 2.0nd out of four funds in the category. In the same period the Gilt Fund with 10 year constant duration category average return was 7.74%.
  • The fund has given a return of 6.87% in last five years and ranked 3.0rd out of four funds in the category. In the same period the Gilt Fund with 10 year constant duration category average return was 6.78%.
  • The fund has given a return of 8.6% in last ten years and ranked 1.0st out of four funds in the category. In the same period the category average return was 8.23%.
  • The fund has given a SIP return of 12.24% in last one year whereas category average SIP return is 11.73%. The fund one year return rank in the category is 1st in 5 funds
  • The fund has SIP return of 9.84% in last three years and ranks 1st in 4 funds. The fund has given the highest SIP return in the category in last three years.
  • The fund has SIP return of 6.0% in last five years whereas category average SIP return is 5.87%.

Bandhan Government Securities Fund - Constant Maturity Plan Risk Analysis

  • The fund has a standard deviation of 2.88 and semi deviation of 2.15. The category average standard deviation is 2.83 and semi deviation is 2.11.
  • The fund has a Value at Risk (VaR) of -3.26 and a maximum drawdown of -2.52. The category average VaR is -3.39 and the maximum drawdown is -2.4.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Gilt Fund with 10 year constant duration Category
  • Good Performance in Gilt Fund with 10 year constant duration Category
  • Poor Performance in Gilt Fund with 10 year constant duration Category
  • Very Poor Performance in Gilt Fund with 10 year constant duration Category

  • Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.


    Date Bandhan Government Securities Fund - Constant Maturity Plan NAV Regular Growth Bandhan Government Securities Fund - Constant Maturity Plan NAV Direct Growth
    07-04-2025 45.1401 45.8703
    04-04-2025 45.1889 45.9191
    03-04-2025 45.0625 45.7904
    02-04-2025 45.1186 45.847
    28-03-2025 44.8025 45.5245
    27-03-2025 44.7298 45.4504
    26-03-2025 44.6951 45.4148
    25-03-2025 44.5609 45.2782
    24-03-2025 44.534 45.2506
    21-03-2025 44.5021 45.2173
    20-03-2025 44.4652 45.1795
    19-03-2025 44.3746 45.0873
    18-03-2025 44.2976 45.0087
    17-03-2025 44.2468 44.9569
    13-03-2025 44.1885 44.8965
    12-03-2025 44.1853 44.893
    11-03-2025 44.1203 44.8267
    10-03-2025 44.0615 44.7667
    07-03-2025 44.065 44.7694

    Fund Launch Date: 21/Feb/2002
    Fund Category: Gilt Fund with 10 year constant duration
    Investment Objective: The fund is a mix of government bonds,state development loans (SDLs), treasury bills and/orcash management bills. The fund will predominantly havean average maturity of around 10 years.
    Fund Description: An open ended debt scheme investing in government securities having a constant maturity of 10 years
    Fund Benchmark: CRISIL 10 year Gilt Index
    Source: Fund FactSheet

    Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.