Aditya Birla Sun Life Government Securities Fund Direct Growth

Fund Overview

Fund Size

₹1,822 Cr

Expense Ratio

0.49%

ISIN

INF209K01XP7

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

01 Jan 2013

About this fund

Aditya Birla Sun Life Government Securities Fund Direct Growth is a Government Bond mutual fund schemes offered by Aditya Birla SL Mutual Fund. This fund has been in existence for 13 years, 1 months and 18 days, having been launched on 01-Jan-13.
As of 18-Feb-26, it has a Net Asset Value (NAV) of ₹86.63, Assets Under Management (AUM) of 1822.42 Crores, and an expense ratio of 0.49%.

Aditya Birla Sun Life Government Securities Fund Direct Growth has given a CAGR return of 8.37% since inception.
The fund's asset allocation comprises around 0.00% in equities, 97.46% in debts, and 2.54% in cash & cash equivalents.
You can start investing in Aditya Birla Sun Life Government Securities Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹1000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+2.58%

+4.65% (Cat Avg.)

3 Years

+6.68%

+6.99% (Cat Avg.)

5 Years

+5.77%

+5.45% (Cat Avg.)

10 Years

+8.21%

+6.76% (Cat Avg.)

Since Inception

+8.37%

— (Cat Avg.)

Portfolio Summaryas of 31st January 2026

Debt	₹1,776.06 Cr	97.46%
Others	₹46.36 Cr	2.54%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
7.30% Gs 2053	Bond - Gov't/Treasury	₹595.85 Cr	36.93%
7.34% Gs 2064	Bond - Gov't/Treasury	₹462.78 Cr	28.68%
7.25% Gs 2063	Bond - Gov't/Treasury	₹209.51 Cr	12.99%
6.88% Andhra Sgs 2034	Bond - Gov't/Treasury	₹72.69 Cr	4.51%
7.09% Gs 2074	Bond - Gov't/Treasury	₹60.19 Cr	3.73%
Goi Frb 2034	Bond - Gov't/Treasury	₹50.93 Cr	3.16%
Net Receivables / (Payables)	Cash	₹31.28 Cr	1.94%
6.76% Gs 2061	Bond - Gov't/Treasury	₹27.39 Cr	1.70%
7.51% Uttarpradesh Sgs 2040	Bond - Gov't/Treasury	₹24.96 Cr	1.55%
6.92% Gs 2039	Bond - Gov't/Treasury	₹24.66 Cr	1.53%
6.79% Gs 2034	Bond - Gov't/Treasury	₹20.07 Cr	1.24%
7.18% Maharashtra Sgs 2038	Bond - Gov't/Treasury	₹14.67 Cr	0.91%
Clearing Corporation Of India Limited	Cash - Repurchase Agreement	₹9.19 Cr	0.57%
6.68% Gs 2040	Bond - Gov't/Treasury	₹8.67 Cr	0.54%
5.63% Gs 2026	Bond - Gov't/Treasury	₹0.57 Cr	0.04%
Interest Rate Swaps Pay Floating And Receive Fix (17/05/2027)	Interest Rate Swap	₹-0.02 Cr	0.00%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Bond - Gov't/Treasury	₹1,572.93 Cr	97.49%
Cash	₹31.28 Cr	1.94%
Cash - Repurchase Agreement	₹9.19 Cr	0.57%
Interest Rate Swap	₹-0.02 Cr	0.00%
Bond - Sub-sovereign Government Debt	₹0 Cr	-

Risk & Performance Ratios

Fund Managers

Bhupesh Bameta

Since August 2020

Additional Scheme Detailsas of 31st January 2026

ISIN

INF209K01XP7

Expense Ratio

0.49%

Exit Load

No Charges

Fund Size

₹1,822 Cr

Age

13 years 1 month

Lumpsum Minimum

₹1,000

Fund Status

Open Ended Investment Company

Benchmark

NIFTY All Duration G-Sec TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Government Bond Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Groww Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹38.45 Cr	-
Groww Gilt Fund Regular Growth Moderate Risk	1.5%	0.0%	₹38.45 Cr	-
Bajaj Finserv Gilt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹20.46 Cr	3.3%
Bajaj Finserv Gilt Fund Regular Growth Moderate Risk	1.3%	0.0%	₹20.46 Cr	2.5%
UTI Nifty 5 Yr Benchmark G-Sec ETF Moderate Risk	0.2%	-	₹25.25 Cr	7.6%
LIC MF Gilt Fund Direct Growth Moderate Risk	0.7%	0.0%	₹56.96 Cr	2.6%
ICICI Prudential Gilt Fund Direct Growth Low to Moderate Risk	0.6%	0.0%	₹9240.09 Cr	6.5%
HSBC Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹225.76 Cr	3.5%
Bandhan Government Securities Fund Investment Plan Direct Growth Low to Moderate Risk	0.5%	0.0%	₹1999.03 Cr	4.6%
Nippon India Gilt Securities Fund Direct Growth Moderate Risk	0.5%	0.0%	₹1834.14 Cr	3.7%
Invesco India Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹279.16 Cr	3.8%
Kotak Gilt Investment Fund Direct Growth Low to Moderate Risk	0.5%	0.0%	₹3062.84 Cr	2.6%
Nippon India ETF Nifty 5 yr Benchmark G-Sec Moderate Risk	0.1%	-	₹246.07 Cr	8.0%
Axis Gilt Fund Regular Growth Moderate Risk	0.8%	0.0%	₹636.57 Cr	4.7%
Bandhan Government Securities Fund Investment Plan Regular Growth Low to Moderate Risk	1.1%	0.0%	₹1999.03 Cr	3.9%
Aditya Birla Sun Life Nifty G-Sec Jun 2027 ETF Moderate Risk	-	-	-	-
Edelweiss Government Securities Fund Direct Growth Moderate Risk	0.5%	0.0%	₹150.29 Cr	3.6%
Edelweiss Government Securities Fund Regular Growth Moderate Risk	1.2%	0.0%	₹150.29 Cr	2.9%
Motilal Oswal Nifty 5 year Benchmark G-Sec ETF Moderate Risk	0.2%	-	₹152.54 Cr	7.6%
UTI Gilt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹519.90 Cr	5.4%
Axis Gilt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹636.57 Cr	5.1%
Baroda BNP Paribas Gilt Fund Direct Growth Moderate Risk	0.1%	0.0%	₹1132.07 Cr	4.8%
HDFC Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹2740.18 Cr	4.8%
Aditya Birla Sun Life Government Securities Fund Direct Growth Moderate Risk	0.5%	0.0%	₹1822.42 Cr	2.6%
SBI Magnum Gilt Direct Growth Moderate Risk	0.5%	0.0%	₹10551.74 Cr	4.7%
ICICI Prudential Nifty 5 Yr Bench G-SEC ETF Moderate Risk	0.2%	-	₹18.42 Cr	8.1%
Tata Gilt Securities Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1167.20 Cr	4.8%
Franklin India Government Securities Direct Growth Low to Moderate Risk	0.6%	0.0%	₹184.15 Cr	5.6%
Canara Robeco Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹137.95 Cr	3.9%
DSP Government Securities Direct Growth Moderate Risk	0.6%	0.0%	₹1270.55 Cr	4.2%
PGIM India Gilt Fund Direct Growth Moderate Risk	0.6%	0.0%	₹101.35 Cr	4.0%
Union Gilt Fund Direct Growth Moderate Risk	0.7%	0.0%	₹105.58 Cr	1.9%
Union Gilt Fund Regular Growth Moderate Risk	1.1%	0.0%	₹105.58 Cr	1.5%
Quant Gilt Fund Regular Growth Moderate Risk	1.4%	0.0%	₹100.74 Cr	3.3%
Quant Gilt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹100.74 Cr	4.3%
Invesco India Gilt Fund Regular Growth Moderate Risk	1.3%	0.0%	₹279.16 Cr	3.0%
Motilal Oswal 5 Year G-Sec Fund of Fund Regular Growth Moderate Risk	0.2%	0.0%	₹47.43 Cr	7.0%
Motilal Oswal 5 Year G-Sec Fund of Fund Direct Growth Moderate Risk	0.1%	0.0%	₹47.43 Cr	7.1%
Kotak Gilt Investment Fund Regular Growth Low to Moderate Risk	1.5%	0.0%	₹3062.84 Cr	1.5%
Aditya Birla Sun Life Government Securities Fund Regular Growth Moderate Risk	1.1%	0.0%	₹1822.42 Cr	1.9%
LIC MF Gilt Fund Regular Growth Moderate Risk	1.2%	0.0%	₹56.96 Cr	1.9%
PGIM India Gilt Fund Regular Growth Moderate Risk	1.4%	0.0%	₹101.35 Cr	3.1%
DSP Government Securities Regular Growth Moderate Risk	1.2%	0.0%	₹1270.55 Cr	3.6%
Baroda BNP Paribas Gilt Fund Regular Growth Moderate Risk	0.5%	0.0%	₹1132.07 Cr	4.5%
Canara Robeco Gilt Fund Regular Growth Moderate Risk	1.3%	0.0%	₹137.95 Cr	3.1%
HSBC Gilt Fund Regular Growth Moderate Risk	1.6%	0.0%	₹225.76 Cr	2.3%
SBI Magnum Gilt Regular Growth Moderate Risk	1.0%	0.0%	₹10551.74 Cr	4.2%
ICICI Prudential Gilt Fund Regular Growth Low to Moderate Risk	1.1%	0.0%	₹9240.09 Cr	5.9%
UTI Gilt Fund Regular Growth Moderate Risk	0.9%	0.0%	₹519.90 Cr	5.1%
HDFC Gilt Fund Regular Growth Moderate Risk	0.9%	0.0%	₹2740.18 Cr	4.4%

About the AMC

Aditya Birla SL Mutual Fund

+91 22 43568000

https://mutualfund.adityabirlacapital.com/

Total AUM

₹4,38,521 Cr

Address

One World Centre, Tower 1, 17th Floor, Mumbai, 400 013

Other Funds by Aditya Birla SL Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Aditya Birla Sun Life BSE 500 Quality 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹71.67 Cr	-
Aditya Birla Sun Life BSE 500 Momentum 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹62.52 Cr	-
Aditya Birla Sun Life CRISIL-IBX Financial Services 9-12 Months Debt Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹1516.71 Cr	-
Aditya Birla Sun Life CRISIL-IBX Financial Services 3 to 6 Months Debt Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹2869.34 Cr	7.0%
Aditya Birla Sun Life Conglomerate Fund Direct Growth Very High Risk	0.7%	0.0%	₹1657.63 Cr	12.5%
Aditya Birla Sun Life BSE India Infrastructure Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹26.69 Cr	16.3%
Aditya Birla Sun Life CRISIL-IBX AAA Financial Services Index Sep 2027 Fund Direct Growth Moderate Risk	0.1%	0.0%	₹35.86 Cr	8.1%
Aditya Birla Sun Life CRISIL-IBX AAA NBFC-HFC Index Dec 2025 Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹276.54 Cr	7.6%
Aditya Birla Sun Life CRISIL-IBX AAA NBFC-HFC Index Sep 2026 Fund Direct Growth Moderate Risk	0.1%	0.0%	₹214.05 Cr	7.8%
Aditya Birla Sun Life Nifty India Defence Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹855.80 Cr	59.3%
Aditya Birla Sun Life Quant Fund Direct Growth Very High Risk	0.7%	0.0%	₹2133.98 Cr	23.8%
Aditya Birla Sun Life Crisil IBX Gilt June 2027 Index Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹12.12 Cr	7.7%
Aditya Birla Sun Life Fixed Maturity Plan-Series UU (98 days) Direct Growth Moderately High risk	-	0.0%	-	-
Aditya BSL Fixed Term Plan Series UT (91 days) Direct Growth Low to Moderate Risk	-	0.0%	-	-
Aditya Birla Sun Life Fixed Maturity Plan-Series US (100 days) Direct Growth Moderate Risk	-	0.0%	-	-
Aditya Birla Sun Life Fixed Maturity Plan-Series UR (85 days) Direct Growth Low to Moderate Risk	-	0.0%	₹104.95 Cr	-
Aditya Birla Sun Life Crisil IBX Gilt April 2033 Index Fund Direct Growth Moderate Risk	0.2%	0.0%	₹70.77 Cr	7.2%
Aditya Birla Sun Life Fixed Maturity Plan-Series UQ (92 days) Direct Growth Moderate Risk	-	0.0%	-	-
Aditya Birla Sun Life Transportation and Logistics Fund Direct Growth Very High Risk	0.8%	1.0%	₹1490.82 Cr	28.9%
Aditya Birla Sun Life US Treasury 1-3 year Bond ETFs Fund of Funds Direct Growth Very High Risk	0.3%	0.0%	₹81.95 Cr	9.6%
Aditya Birla Sun Life US Treasury 3-10 Year Bond ETFs Fund of Funds Direct Growth Very High Risk	0.2%	0.0%	₹181.67 Cr	12.1%
Aditya Birla Sun Life Fixed Term Plan - Series SY (1259 days) Direct Growth Low to Moderate Risk	-	-	-	-
Aditya Birla Sun Life Fixed Term Plan Series SP Direct Growth Low to Moderate Risk	-	0.0%	-	-
Aditya Birla Sun Life Fixed Term Plan - Series TV (1169 Days) Direct Growth Moderate Risk	-	0.0%	-	-
Aditya BSL Fixed Term Plan Series SC(1170 days) Direct Growth Low to Moderate Risk	-	0.0%	-	-
Aditya BSL Fixed Term Plan Series SM Direct Growth Low to Moderate Risk	-	0.0%	-	-
Aditya Birla Sun Life Fixed Term Plan Series TN Direct Growth Low to Moderate Risk	-	-	-	-
Aditya Birla Sun Life Fixed Term Plan - Series TL (1839 days) Direct Growth Moderate Risk	-	0.0%	-	-
Aditya BSL Fixed Term Plan Series RM (91 days) Direct Growth Low to Moderate Risk	-	0.0%	-	-
Aditya BSL Fixed Term Plan Series SE(1163 days) Direct Growth Low to Moderate Risk	-	0.0%	-	-
Aditya Birla Sun Life Fixed Term Plan - Series TM (1842 days) Direct Growth Moderate Risk	-	-	-	-
Aditya Birla Sun Life Fixed Term Plan - Series TP (1923 Days) Direct Growth Moderate Risk	-	0.0%	-	-
Aditya Birla Sun Life Fixed Term Plan - Series TK (1833 days) Direct Growth Moderate Risk	-	0.0%	-	-
Aditya BSL Fixed Term Plan Series RG(1283 days) Direct Growth Low to Moderate Risk	-	0.0%	-	-
Aditya BSL Fixed Term Plan Series SD(1168 days) Direct Growth Low to Moderate Risk	-	0.0%	-	-
Aditya Birla Sun Life Fixed Term Plan Series TO (1214 days) Direct Growth Moderate Risk	-	0.0%	-	-
Aditya Birla Sun Life Fixed Term Plan - Series TE (1095 days) Direct Growth Moderate Risk	-	0.0%	-	-
Aditya Birla Sun Life Fixed Term Plan - Series TF (1098 days) Direct Growth Moderate Risk	-	0.0%	-	-
Aditya BSL Fixed Term Plan SeriesSH (1146 days) Direct Growth Low to Moderate Risk	-	0.0%	-	-
Aditya Birla Sun Life Interval Income Fund Quarterly Series I Direct Growth Low Risk	-	0.0%	₹28.97 Cr	6.1%
Aditya BSL Fixed Term Plan Series RZ(1187 days) Direct Growth Low to Moderate Risk	-	0.0%	-	-
Aditya BSL Fixed Term Plan Series SB(1174 days) Direct Growth Low to Moderate Risk	-	0.0%	-	-
Aditya Birla Sun Life Fixed Term Plan Series TC (1119 days) Direct Growth Moderate Risk	-	0.0%	-	-
Aditya Birla Sun Life Fixed Term Plan Series UB (1224 Days) Direct Growth Low Risk	-	0.0%	₹24.33 Cr	6.8%
Aditya Birla Sun Life Fixed Term Plan - Series TJ (1838 days) Direct Growth Low Risk	-	0.0%	₹26.44 Cr	7.3%
Aditya Birla Sun Life Fixed Term Plan Series TI (1837 days) Direct Growth Low Risk	-	0.0%	₹321.02 Cr	7.0%
Aditya Birla Sun Life Fixed Term Plan - Series TG (1099 days) Direct Growth Moderate Risk	-	0.0%	-	-
Aditya Birla Sun Life Fixed Term Plan Series TW (167 days) Direct Growth Low to Moderate Risk	-	0.0%	-	-
Aditya Birla Sun Life Fixed Term Plan Series UC (95 days) Direct Growth Low to Moderate Risk	-	-	-	-
Aditya Birla Sun Life Fixed Term Plan Series UF (180 days) Direct Growth Low to Moderate Risk	-	0.0%	-	-

Risk Level

Your principal amount will be at Moderate Risk

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What is the current NAV of Aditya Birla Sun Life Government Securities Fund Direct Growth?

The NAV of Aditya Birla Sun Life Government Securities Fund Direct Growth, as of 18-Feb-2026, is ₹86.63.

What are the returns of Aditya Birla Sun Life Government Securities Fund Direct Growth?

The fund has generated 2.58% over the last 1 year and 6.68% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Aditya Birla Sun Life Government Securities Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 97.46% in bonds, and 2.54% in cash and cash equivalents.

Who manages the Aditya Birla Sun Life Government Securities Fund Direct Growth?

The fund managers responsible for Aditya Birla Sun Life Government Securities Fund Direct Growth are:-

Bhupesh Bameta

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Aditya Birla Sun Life Government Securities Fund Direct Growth

Fund Overview