DSP Government Securities Fund
An open ended debt scheme investing in government securities across maturity
DSP Government Securities Fund
An open ended debt scheme investing in government securities across maturity

Active duration management (only sovereign securities)
Suitable for investor seeking high quality strategic fixed income allocation for investment horizon of >5 years; invests in sovereign debt only

Fund Manager

Vikram Chopra
Total work experience of 18 years.
Managing this Scheme since July 2016.

Saurabh Bhatia
Total work experience of 19 years.
Managing this Scheme since March 2018.

Fund Category


Inception date

Sep 30, 1999


ICICI Securities Li-Bex

Regular Plan  
Growth: ₹ 71.9853
Direct Plan  
Growth: ₹ 74.6966
Total aum

₹ 549 Cr

Monthly average aum

₹ 602 Cr

Month End Expense Ratio
Regular Plan : 1.01%
Direct Plan : 0.54%
Average Maturity

12.62 years

Investment Horizon (Minimum)

> 5 years +

Quantitative Measures
Modified Duration 7.48 years
Yield To Maturity 6.09%
Portfolio Macaulay Duration 7.71 years
Exit Load


Data As On September 30, 2020

Name of InstrumentRating% to Net Assets
Government Securities (Central/State)
5.77% GOI 03-08-2030 SOV 53.17
7.26% GOI 14-01-2029 SOV 20.73
6.79% GOI 15-05-2027 SOV 12.67
6.80% GOI 15-12-2060 SOV 11.99
Total 98.56
TREPS / Reverse Repo Investments / Corporate Debt Repo 0.23
Total 0.23
Cash & Cash Equivalent
Cash Margin 0.66
Net Receivables/Payables 0.55
Total 1.21

as on 30th Sept'20

Performance (CAGR Returns in %)
1 yr 3 yr 5 yr SI*
11.83 9.179.23 9.85
*SI - Since inception
Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns are for Regular Plan - Growth Option Click here for performance in SEBI prescribed format.

Investment Objective

An Open Ended income Scheme, seeking to generate income through investment in Central Government Securities of various maturities.
There is no assurance that the investment objective of the Scheme will be realized.

Product Labelling

This Open Ended Income Scheme is suitable for investors who are seeking*
• Income over a long-term investment horizon
• Investment in Central government securities

* Investors should consult their financial advisors if in doubt whether the product is suitable for them.