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 -
BMSMONEY Rating
Gro. Opt. As On: 29-10-2024
NAV ₹42.93(R) +0.12% ₹43.58(D) +0.12%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 11.03% 5.6% 6.48% 8.05% 8.47%
LumpSum (D) 11.28% 5.79% 6.65% 8.21% 8.62%
SIP (R) -6.21% 6.09% 5.71% 6.05% 6.87%
SIP (D) -6.0% 6.3% 5.9% 6.22% 7.03%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-0.44 -0.15 0.39 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
3.07% -3.61% -3.96% - 2.29%
Top Gilt Fund with 10 year constant duration
Fund Name Rank Rating
Sbi Magnum Constant Maturity Fund -
Bandhan Government Securities Fund - Constant Maturity Plan -
Icici Prudential Constant Maturity Gilt Fund -

NAV Date: 29-10-2024

Scheme Name NAV Rupee Change Percent Change
BANDHAN Government Securities Fund - Constant Maturity Plan - Regular Plan - Weekly IDCW 10.19
0.0100
0.1200%
BANDHAN Government Securities Fund - Constant Maturity Plan - Regular Plan - Monthly IDCW 10.4
0.0100
0.1200%
BANDHAN Government Securities Fund - Constant Maturity Plan -Direct Plan-Monthly IDCW 10.44
0.0100
0.1200%
BANDHAN Government Securities Fund - Constant Maturity Plan - Regular Plan - Quarterly IDCW 11.35
0.0100
0.1200%
BANDHAN Government Securities Fund - Constant Maturity Plan -Direct Plan-Quarterly IDCW 11.64
0.0100
0.1200%
BANDHAN Government Securities Fund - Constant Maturity Plan -Direct Plan-Periodic IDCW 12.98
0.0200
0.1200%
BANDHAN Government Securities Fund - Constant Maturity Plan - Regular Plan - Periodic IDCW 15.37
0.0200
0.1200%
BANDHAN Government Securities Fund - Constant Maturity Plan -Direct Plan-Weekly IDCW 17.9
0.0200
0.1200%
BANDHAN Government Securities Fund - Constant Maturity Plan - Regular Plan - Growth 42.93
0.0500
0.1200%
BANDHAN Government Securities Fund - Constant Maturity Plan -Direct Plan-Growth 43.58
0.0500
0.1200%

Review Date: 29-10-2024

A review of the different performance parameters of the fund is as follows:
  1. Returns: It captures the increment in the investment's value during the investment period, articulated as either a percentage or a monetary denomination. We carefully examined six return parameters of this fund to gauge its performance. The return parameters have been divided into three performance groups: the top 25%, parameters below the top 25% but exceeding the average, and parameters below the average mark. Please find the detailed analysis below.
    1. Top 25%: Four return parameters of the Bandhan Government Securities Fund - Constant Maturity Plan are in the top 25% in the category, as shown below:
      • 1M Return %
      • 3M Return %
      • 6M Return %
      • 1Y Return %
    2. Above Average Below the Top 25%: The Bandhan Government Securities Fund - Constant Maturity Plan has two return parameters in the category, which are above average but below the top 25%, as listed below:
      • 3Y Return %
      • 5Y Return %
    3. Below Average: Bandhan Government Securities Fund - Constant Maturity Plan has no return parameters that are below average in the category.
  2. Risk: The threat of not realizing projected profits or even facing financial loss due to different issues is known as risk. For Bandhan Government Securities Fund - Constant Maturity Plan, we have analyzed two risk parameters and divided them into three groups the lowest 25%, below average but above the lowest 25%, and above average, which are described below.
    1. Lowest 25%: Bandhan Government Securities Fund - Constant Maturity Plan does not have any risk parameters in the lowest 25% of the category. It means high risk compared to other funds in the category.
    2. Below Average but Above the Lowest 25%: Bandhan Government Securities Fund - Constant Maturity Plan does not have any risk parameters in the below average but above the lowest 25% of the category.
    3. Above Average: Bandhan Government Securities Fund - Constant Maturity Plan has two parameters that are above average which are listed below:
      • Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The standard deviation of the fund is 3.07 %.
      • Semi-Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. The semi-deviation of the fund is 2.29 %.
  3. Risk Adjusted Performance Parameters: Risk-adjusted performance parameters in mutual funds are parameters that assess the return on investments based on the risks involved. These parameters provide a platform for investors to compare various investments, by considering both profits and the risks involved. For Bandhan Government Securities Fund - Constant Maturity Plan, we have evaluated three risk-adjusted performance parameters.
    1. Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the top 25% of the category.
    2. Above Average Below Top 25% Risk Adjusted Performance Parameters: Bandhan Government Securities Fund - Constant Maturity Plan has three risk-adjusted performance parameters of the fund that are in the this group of the category.
      • Sharpe Ratio: Bandhan Government Securities Fund - Constant Maturity Plan has a Sharpe Ratio of -0.44 compared to the category average of -0.45.
      • Sterling Ratio: Bandhan Government Securities Fund - Constant Maturity Plan has a Sterling Ratio of 0.39 compared to the category average of 0.39.
      • Sortino Ratio: Bandhan Government Securities Fund - Constant Maturity Plan has a Sortino Ratio of -0.15 compared to the category average of -0.15.
    3. Below Average Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -0.19
-0.21
-0.26 | -0.15 2 | 5 Very Good
3M Return % 2.16
2.09
1.94 | 2.16 1 | 5 Very Good
6M Return % 5.77
5.50
5.28 | 5.77 1 | 5 Very Good
1Y Return % 11.03
10.40
10.06 | 11.03 1 | 5 Very Good
3Y Return % 5.60
5.54
5.19 | 5.69 3 | 4 Average
5Y Return % 6.48
6.31
5.71 | 6.78 2 | 4 Good
7Y Return % 8.05
7.31
6.05 | 8.05 1 | 4 Very Good
10Y Return % 8.47
8.13
7.24 | 8.47 1 | 4 Very Good
15Y Return % 7.92
8.11
7.92 | 8.30 2 | 2 Good
1Y SIP Return % -6.21
-6.73
-7.12 | -6.21 1 | 5 Very Good
3Y SIP Return % 6.09
5.88
5.63 | 6.09 1 | 4 Very Good
5Y SIP Return % 5.71
5.57
5.05 | 5.84 2 | 4 Good
7Y SIP Return % 6.05
5.73
5.02 | 6.10 2 | 4 Good
10Y SIP Return % 6.87
6.42
5.51 | 6.87 1 | 4 Very Good
15Y SIP Return % 7.72
7.71
7.70 | 7.72 1 | 2 Very Good
Standard Deviation 3.07
3.05
2.98 | 3.12 3 | 4 Average
Semi Deviation 2.29
2.26
2.19 | 2.31 3 | 4 Average
Max Drawdown % -3.96
-3.92
-4.38 | -3.61 3 | 4 Average
VaR 1 Y % -3.61
-3.67
-3.93 | -3.54 3 | 4 Average
Average Drawdown % -0.94
-0.91
-1.01 | -0.82 3 | 4 Average
Sharpe Ratio -0.44
-0.45
-0.55 | -0.38 3 | 4 Average
Sterling Ratio 0.39
0.39
0.35 | 0.42 3 | 4 Average
Sortino Ratio -0.15
-0.15
-0.19 | -0.13 3 | 4 Average
Return data last Updated On : Oct. 29, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Sept. 30, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -0.17 -0.18 -0.24 | -0.14 3 | 5
3M Return % 2.22 2.16 1.99 | 2.22 1 | 5
6M Return % 5.89 5.64 5.38 | 5.89 1 | 5
1Y Return % 11.28 10.71 10.29 | 11.28 1 | 5
3Y Return % 5.79 5.77 5.41 | 6.02 3 | 4
5Y Return % 6.65 6.53 5.93 | 6.95 2 | 4
7Y Return % 8.21 7.54 6.28 | 8.21 1 | 4
10Y Return % 8.62 8.38 7.48 | 8.72 3 | 4
1Y SIP Return % -6.00 -6.46 -6.92 | -6.00 1 | 5
3Y SIP Return % 6.30 6.11 5.86 | 6.30 1 | 4
5Y SIP Return % 5.90 5.80 5.27 | 6.03 3 | 4
7Y SIP Return % 6.22 5.95 5.24 | 6.27 2 | 4
10Y SIP Return % 7.03 6.65 5.74 | 7.03 1 | 4
Standard Deviation 3.07 3.05 2.98 | 3.12 3 | 4
Semi Deviation 2.29 2.26 2.19 | 2.31 3 | 4
Max Drawdown % -3.96 -3.92 -4.38 | -3.61 3 | 4
VaR 1 Y % -3.61 -3.67 -3.93 | -3.54 3 | 4
Average Drawdown % -0.94 -0.91 -1.01 | -0.82 3 | 4
Sharpe Ratio -0.44 -0.45 -0.55 | -0.38 3 | 4
Sterling Ratio 0.39 0.39 0.35 | 0.42 3 | 4
Sortino Ratio -0.15 -0.15 -0.19 | -0.13 3 | 4
Return data last Updated On : Oct. 29, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Sept. 30, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.12 ₹ 10,012.00 0.12 ₹ 10,012.00
1W 0.01 ₹ 10,001.00 0.02 ₹ 10,002.00
1M -0.19 ₹ 9,981.00 -0.17 ₹ 9,983.00
3M 2.16 ₹ 10,216.00 2.22 ₹ 10,222.00
6M 5.77 ₹ 10,577.00 5.89 ₹ 10,589.00
1Y 11.03 ₹ 11,103.00 11.28 ₹ 11,128.00
3Y 5.60 ₹ 11,777.00 5.79 ₹ 11,840.00
5Y 6.48 ₹ 13,688.00 6.65 ₹ 13,798.00
7Y 8.05 ₹ 17,197.00 8.21 ₹ 17,368.00
10Y 8.47 ₹ 22,545.00 8.62 ₹ 22,863.00
15Y 7.92 ₹ 31,358.00 ₹

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.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 -6.21 ₹ 11,592.41 -6.00 ₹ 11,606.58
3Y ₹ 36000 6.09 ₹ 39,487.68 6.30 ₹ 39,612.71
5Y ₹ 60000 5.71 ₹ 69,327.60 5.90 ₹ 69,653.76
7Y ₹ 84000 6.05 ₹ 104,155.13 6.22 ₹ 104,799.83
10Y ₹ 120000 6.87 ₹ 170,911.08 7.03 ₹ 172,365.36
15Y ₹ 180000 7.72 ₹ 332,238.60 ₹


Date Bandhan Government Securities Fund - Constant Maturity Plan NAV Regular Growth Bandhan Government Securities Fund - Constant Maturity Plan NAV Direct Growth
29-10-2024 42.9264 43.5786
28-10-2024 42.8743 43.5255
25-10-2024 42.9147 43.5657
24-10-2024 42.9582 43.6096
23-10-2024 42.9573 43.6084
22-10-2024 42.92 43.5703
21-10-2024 42.9013 43.551
18-10-2024 42.9346 43.5841
17-10-2024 43.0006 43.6508
16-10-2024 43.0208 43.671
15-10-2024 43.0351 43.6853
14-10-2024 42.9958 43.6452
11-10-2024 42.9576 43.6055
10-10-2024 42.9881 43.6362
09-10-2024 43.0057 43.6539
08-10-2024 42.8905 43.5366
07-10-2024 42.7759 43.4199
04-10-2024 42.7966 43.4402
03-10-2024 42.9776 43.6236
01-10-2024 43.0825 43.7296
30-09-2024 43.0073 43.653

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.