Franklin Templeton Mutual Fund
Franklin India Government Securities Fund - Direct
6.4Q1★3
- NAV
- ₹67.27
- Expense
- 0.63%
- AUM
- ₹175 Cr
- 1Y
- +2.2%
- 3Y
- +6.2%
- 5Y
- +5.4%
#1 of 5
Min SIP: ₹100Ideal: 3-5 yearsLow to Moderate Risk
HDFC Mutual Fund
HDFC Gilt Fund - Growth Option - Direct Plan
3Y returns
6.4%
past performance*
5Y returns
5.6%
past performance*
0.46%Expense ratio
₹2.7K CrFund size
A licensed partner advisor will guide you — free, no PAN or bank details needed now.
*Past performance does not guarantee future returns. Returns are historical and subject to market risk.
NAV₹59.72
1D—
Expense0.46%
AUM₹2.7K Cr
Min SIP₹100
Min Lumpsum₹100
Trailing returns (CAGR)
| 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| -0.18% | +0.70% | +0.21% | +0.17% | +0.33% | +6.40% | +5.55% | +6.64% |
🎯 OnePaisa Verdict
5.9/ 10
AverageBreakdown
- Returns7/10
- Consistency6/10
- Risk1/10
- Cost9/10
- Size7/10
- Very low expense ratio (0.46%) — more of your money compounds for you
- 4★ Morningstar rating
💡 Ratings are not guarantees. Past performance does not predict future results.
SIP Returns
Simulated ₹10,000/month systematic investment plan, computed from NAV history.
1 Year SIP
+1.23%
₹1.21 L value on ₹1.20 L invested
3 Year SIP
—
Not enough NAV history yet.
5 Year SIP
—
Not enough NAV history yet.
vs Category (Gilt)
This fund (1Y)
+0.33%
Rank #2 of 5
Category average (1Y)
+0.03%
Quartile Q2
Beats 60% of gilt funds on 1Y return.
Risk Analysis
- Std Deviation (1Y)3.29%Low
- Max Drawdown (1Y)-2.98%Low
- Sharpe Ratio (1Y)-1.87Poor
- Sortino Ratio (1Y)-1.83Poor
💡 Higher Sharpe = better risk-adjusted returns. Above 1.0 is good, above 2.0 is excellent. Drawdown is the worst peak-to-trough decline.
Calendar Year Returns
+0.74%
2025
-0.04%
2026
💰 What This Fund Costs You
Expense ratio: 0.46%
That is ₹460 per year on every ₹1 lakh invested.
10-year impact on ₹1 lakh (assuming 12% gross return)
Without this expense, ₹1 lakh would have grown to ₹3.11 L.
🎯 Is This Fund Right For You?
- Ideal horizon
- 3-5 years
- Minimum: 2 years
- Risk profile
- Moderate to High
- SIP recommended
- ➖ Lump sum preferred
- Lump sum (time entry with rate cycle)
Government securities — zero credit risk but HIGH interest-rate sensitivity. Can gain 15%+ when rates fall, or lose 10%+ when rates rise.
Suitable goals
- Interest-rate play
- Zero credit-risk allocation
- Long-term debt allocation
Suitable for
- Those who understand interest-rate cycles
- Investors expecting rate cuts
Not suitable for
- Those who think government bonds = low risk (rate risk is real)
- Short-term investors
🧾 Taxation
This is an Debt Fund.
- Short-term (Less than 2 years (listed) / 3 years (unlisted))
- As per income tax slab
- Long-term (2 years or more (listed))
- 12.5%
- LTCG exemption
- No exemption
- TDS
- No TDS for resident Indians on redemption
💡 Worked example
Invest ₹1,00,000 and gain ₹25,000 over 2 years:
- Tax type: LTCG (12.5% LTCG)
- Taxable gain: ₹25,000
- Tax owed: ₹3,125
- You keep: ₹1,21,875
Post-Budget 2025: listed debt funds held over 2 years qualify for 12.5% LTCG (no indexation). Unlisted debt funds need 3 years.
🚨 Things to Watch
Poor risk-adjusted returns
Sharpe ratio of -1.87 means you’re not being adequately compensated for the risk taken.
📊 SIP Calculator — HDFC Gilt Fund Option
Estimated corpus
₹3.46 L
- Total invested
- ₹3.00 L
- Estimated gain
- ₹46,440 (+15%)
▮ Invested▮ Gains
How it stacks up vs alternatives
- Fixed Deposit (7%)₹3.60 L
- Category average (6.3%)₹3.53 L
- This fund (5.55%)₹3.46 L
⚠️ Projection based on past CAGR. Actual returns may vary. Markets are subject to risk; past performance is not a guarantee of future results.
▶Show Advanced Analysis
📈 Risk vs Return
Return 0.3% · Risk (std dev) 3.3%
SweetGrowthSlowAvoidLow riskHigh risk
Safe but slow
Stable but modest returns — suits capital preservation.
Sharpe ratio of -1.87 confirms poor risk-adjusted returns.
🛡️ Downside Protection
If the broader market falls 20%, this fund is expected to fall about 4.0%.
Based on 1Y max drawdown of -3.0% versus a typical market correction of ~-15%. Historical fall ratio ≈ 0.20× market. Above-average protection.
⚠️ Estimate, not a guarantee. Actual market falls vary.
💸 Expense Impact (₹10K/month for 20 years at 12% gross)
- This fund — Direct (0.46%)₹93.90 L
- Index fund (0.10%)₹98.57 L
- Regular plan (~1.50%)₹81.76 L
Choosing this Direct plan over a Regular plan saves about ₹12.14 L. Index fund would still beat it by ₹4.67 L thanks to its lower expense ratio.
Fund information
- Scheme category
- Debt Scheme - Gilt Fund
- Benchmark
- CRISIL Dynamic Gilt TR INR
- Inception
- 2013-01-01
- Lock-in
- None
- Exit load
- -
- Plan
- Direct
- Option
- Growth
Data freshness
- NAV as of: 2026-10-22
- Metrics calculated: 2026-10-23
- Source: mfapi.in, AMFI India
NAV trend
See how a SIP grows in this fund
Use the SIP Calculator with this fund's historical CAGR to project a monthly investment.
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- Expense
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- 1Y
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- 5Y
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