Bandhan Government Securities Fund Investment Plan Direct Growth

Fund Overview

Fund Size

₹1,999 Cr

Expense Ratio

0.52%

ISIN

INF194K01Q29

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

01 Jan 2013

About this fund

Bandhan Government Securities Fund Investment Plan Direct Growth is a Government Bond mutual fund schemes offered by Bandhan Mutual Fund. This fund has been in existence for 13 years, 2 months and 4 days, having been launched on 01-Jan-13.
As of 04-Mar-26, it has a Net Asset Value (NAV) of ₹38.76, Assets Under Management (AUM) of 1999.03 Crores, and an expense ratio of 0.52%.

Bandhan Government Securities Fund Investment Plan Direct Growth has given a CAGR return of 8.56% since inception.
The fund's asset allocation comprises around 0.00% in equities, 53.47% in debts, and 46.53% in cash & cash equivalents.
You can start investing in Bandhan Government Securities Fund Investment Plan 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

+5.60%

+5.18% (Cat Avg.)

3 Years

+7.72%

+7.12% (Cat Avg.)

5 Years

+6.19%

+5.64% (Cat Avg.)

10 Years

+8.19%

+6.70% (Cat Avg.)

Since Inception

+8.56%

— (Cat Avg.)

Portfolio Summaryas of 15th February 2026

Debt	₹1,068.93 Cr	53.47%
Others	₹930.1 Cr	46.53%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Triparty Repo Trp_160226_val	Cash - Repurchase Agreement	₹894.07 Cr	44.91%
Interest Rate Swaps (10/02/2028) Pay Fixed Pay Fixed	Interest Rate Swap	₹-400.56 Cr	20.12%
Interest Rate Swaps (10/02/2028) Receive Floating Pay Fixed	Interest Rate Swap	₹400 Cr	20.09%
7.61% Maharashtra Sdl 2029	Bond - Gov't/Treasury	₹231.46 Cr	11.63%
6.79% Gs 2031	Bond - Gov't/Treasury	₹198.68 Cr	9.98%
8.0% Karnataka Sdl 2028	Bond - Gov't/Treasury	₹139.01 Cr	6.98%
6.01% Gs 2030	Bond - Gov't/Treasury	₹131.44 Cr	6.60%
8.25% Tamilnadu SDL 2029	Bond - Gov't/Treasury	₹104.3 Cr	5.24%
Interest Rate Swaps (11/02/2028) Pay Fixed Pay Fixed	Interest Rate Swap	₹-100.09 Cr	5.03%
Interest Rate Swaps (11/02/2028) Receive Floating Pay Fixed	Interest Rate Swap	₹100 Cr	5.02%
8.05% Gujarat Sdl 2028	Bond - Gov't/Treasury	₹56.7 Cr	2.85%
7.73% Maharashtra Sgs 2032	Bond - Gov't/Treasury	₹51.41 Cr	2.58%
8.19% Gujarat Sdl 2028	Bond - Gov't/Treasury	₹41.77 Cr	2.10%
7.3% Tamilnadu SDL 2032	Bond - Gov't/Treasury	₹40.29 Cr	2.02%
8.35% Gujarat Sdl 2029	Bond - Gov't/Treasury	₹36.69 Cr	1.84%
Net Current Assets	Cash	₹32.47 Cr	1.63%
7.02% Gs 2031	Bond - Gov't/Treasury	₹23.6 Cr	1.19%
6.10% Gs 2031	Bond - Gov't/Treasury	₹9.85 Cr	0.49%
Cash Offsets For Shorts & Derivatives	Cash - General Offset	₹-0.66 Cr	0.03%
Cash Margin - Ccil	Cash - Repurchase Agreement	₹0.4 Cr	0.02%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Bond - Gov't/Treasury	₹1,065.2 Cr	53.51%
Interest Rate Swap	₹-0.66 Cr	50.26%
Cash - Repurchase Agreement	₹894.48 Cr	44.93%
Cash	₹32.47 Cr	1.63%
Cash - General Offset	₹-0.66 Cr	0.03%

Risk & Performance Ratios

Fund Managers

Suyash Choudhary

Since October 2010

Brijesh Shah

Since June 2024

Additional Scheme Detailsas of 15th February 2026

ISIN

INF194K01Q29

Expense Ratio

0.52%

Exit Load

No Charges

Fund Size

₹1,999 Cr

Age

13 years 2 months

Lumpsum Minimum

₹1,000

Fund Status

Open Ended Investment Company

Benchmark

CRISIL Dynamic Gilt 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	4.3%
Bajaj Finserv Gilt Fund Regular Growth Moderate Risk	1.3%	0.0%	₹20.46 Cr	3.4%
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	3.7%
ICICI Prudential Gilt Fund Direct Growth Low to Moderate Risk	0.6%	0.0%	₹9240.09 Cr	7.0%
HSBC Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹225.76 Cr	4.6%
Bandhan Government Securities Fund Investment Plan Direct Growth Low to Moderate Risk	0.5%	0.0%	₹1999.03 Cr	5.6%
Nippon India Gilt Securities Fund Direct Growth Moderate Risk	0.5%	0.0%	₹1834.14 Cr	4.5%
Invesco India Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹279.16 Cr	4.9%
Kotak Gilt Investment Fund Direct Growth Low to Moderate Risk	0.5%	0.0%	₹3062.84 Cr	3.7%
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	5.8%
Bandhan Government Securities Fund Investment Plan Regular Growth Low to Moderate Risk	1.1%	0.0%	₹1999.03 Cr	4.9%
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	4.4%
Edelweiss Government Securities Fund Regular Growth Moderate Risk	1.2%	0.0%	₹150.29 Cr	3.7%
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	6.3%
Axis Gilt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹636.57 Cr	6.2%
Baroda BNP Paribas Gilt Fund Direct Growth Moderate Risk	0.1%	0.0%	₹1132.07 Cr	5.4%
HDFC Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹2740.18 Cr	5.6%
Aditya Birla Sun Life Government Securities Fund Direct Growth Moderate Risk	0.5%	0.0%	₹1822.42 Cr	3.7%
SBI Magnum Gilt Direct Growth Moderate Risk	0.5%	0.0%	₹10551.74 Cr	5.6%
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	5.8%
Franklin India Government Securities Direct Growth Low to Moderate Risk	0.6%	0.0%	₹184.15 Cr	6.0%
Canara Robeco Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹137.95 Cr	4.7%
DSP Government Securities Direct Growth Moderate Risk	0.6%	0.0%	₹1270.55 Cr	5.6%
PGIM India Gilt Fund Direct Growth Moderate Risk	0.6%	0.0%	₹101.35 Cr	4.5%
Union Gilt Fund Direct Growth Moderate Risk	0.7%	0.0%	₹105.58 Cr	3.0%
Union Gilt Fund Regular Growth Moderate Risk	1.1%	0.0%	₹105.58 Cr	2.6%
Quant Gilt Fund Regular Growth Moderate Risk	1.4%	0.0%	₹100.74 Cr	3.8%
Quant Gilt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹100.74 Cr	4.9%
Invesco India Gilt Fund Regular Growth Moderate Risk	1.3%	0.0%	₹279.16 Cr	4.1%
Motilal Oswal 5 Year G-Sec Fund of Fund Regular Growth Moderate Risk	0.2%	0.0%	₹47.43 Cr	6.9%
Motilal Oswal 5 Year G-Sec Fund of Fund Direct Growth Moderate Risk	0.1%	0.0%	₹47.43 Cr	7.0%
Kotak Gilt Investment Fund Regular Growth Low to Moderate Risk	1.5%	0.0%	₹3062.84 Cr	2.7%
Aditya Birla Sun Life Government Securities Fund Regular Growth Moderate Risk	1.1%	0.0%	₹1822.42 Cr	3.1%
LIC MF Gilt Fund Regular Growth Moderate Risk	1.2%	0.0%	₹56.96 Cr	3.0%
PGIM India Gilt Fund Regular Growth Moderate Risk	1.4%	0.0%	₹101.35 Cr	3.6%
DSP Government Securities Regular Growth Moderate Risk	1.2%	0.0%	₹1270.55 Cr	5.0%
Baroda BNP Paribas Gilt Fund Regular Growth Moderate Risk	0.5%	0.0%	₹1132.07 Cr	5.1%
Canara Robeco Gilt Fund Regular Growth Moderate Risk	1.3%	0.0%	₹137.95 Cr	3.9%
HSBC Gilt Fund Regular Growth Moderate Risk	1.6%	0.0%	₹225.76 Cr	3.4%
SBI Magnum Gilt Regular Growth Moderate Risk	1.0%	0.0%	₹10551.74 Cr	5.1%
ICICI Prudential Gilt Fund Regular Growth Low to Moderate Risk	1.1%	0.0%	₹9240.09 Cr	6.5%
UTI Gilt Fund Regular Growth Moderate Risk	0.9%	0.0%	₹519.90 Cr	5.9%
HDFC Gilt Fund Regular Growth Moderate Risk	0.9%	0.0%	₹2740.18 Cr	5.2%

About the AMC

Bandhan Mutual Fund

022-66289999

https://bandhanmutual.com/

Total AUM

₹1,96,188 Cr

Address

6th Floor, 841, One World Center, Mumbai, 400013

Other Funds by Bandhan Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Bandhan Gold ETF FOF Direct Growth High Risk	0.1%	0.0%	₹96.00 Cr	-
Bandhan Silver ETF FOF Direct Growth Very High Risk	0.1%	0.0%	₹132.07 Cr	-
Arudha Hybrid Long-Short Fund Direct Growth Low to Moderate Risk	-	0.0%	₹38.41 Cr	-
Bandhan Healthcare Fund Direct Growth Very High Risk	0.2%	0.0%	₹279.60 Cr	-
Bandhan BSE India Sector Leaders Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹26.67 Cr	-
Bandhan Multi-Factor Fund Direct Growth Very High Risk	0.7%	0.0%	₹623.68 Cr	-
Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹381.24 Cr	-
Bandhan CRISIL-IBX 10:90 Gilt + SDL Index - Dec 2029 Fund Direct Growth Moderate Risk	0.0%	0.0%	₹0.38 Cr	-
Bandhan Nifty Next 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹25.16 Cr	15.7%
Bandhan Fixed Maturity Plan (FMP) - Series 209 (93 Days) Direct Growth Low to Moderate Risk	-	0.0%	-	-
Bandhan Nifty Alpha Low Volatility 30 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹8.75 Cr	11.6%
Bandhan Nifty 200 Quality 30 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹12.12 Cr	9.8%
Bandhan Nifty 500 Momentum 50 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹28.41 Cr	11.2%
Bandhan Nifty 500 Value 50 Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹23.75 Cr	33.2%
Bandhan Business Cycle Fund Direct Growth Very High Risk	0.6%	0.0%	₹1341.75 Cr	10.7%
Bandhan Nifty Midcap 150 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹30.85 Cr	17.9%
Bandhan BSE Healthcare Index Fund Direct Growth Very High Risk	0.7%	0.0%	₹15.72 Cr	12.0%
Bandhan Nifty Bank Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹20.85 Cr	22.4%
Bandhan Nifty Total Market Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹39.46 Cr	12.7%
Bandhan Innovation Fund Direct Growth Very High Risk	0.6%	0.0%	₹1913.04 Cr	19.3%
Bandhan Long Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹119.71 Cr	4.3%
Bandhan Multi Asset Allocation Fund Direct Growth Very High Risk	0.4%	0.0%	₹2966.55 Cr	26.8%
Bandhan Nifty Smallcap 250 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹58.18 Cr	9.5%
Bandhan Nifty Alpha 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹497.81 Cr	13.3%
Bandhan Retirement Fund Direct Growth Moderately High risk	0.7%	0.0%	₹183.96 Cr	10.4%
Bandhan Nifty IT Index Fund Direct Growth Very High Risk	0.4%	0.0%	₹31.61 Cr	-17.1%
Bandhan Interval Fund - Series 17 Direct Growth Moderate Risk	-	0.0%	-	-
Bandhan Fixed Term Plan Series 197 Direct Growth Moderate Risk	-	0.0%	-	-
Bandhan Fixed Term Plan Series 179 Direct Growth Low to Moderate Risk	-	0.0%	₹334.47 Cr	8.0%
Bandhan Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹843.50 Cr	5.6%
Bandhan Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹15367.16 Cr	6.3%
Bandhan Core Equity Fund Direct Growth Very High Risk	0.5%	1.0%	₹13968.37 Cr	17.3%
Bandhan Dynamic Bond Fund Direct Growth Low to Moderate Risk	0.7%	0.0%	₹2274.86 Cr	5.3%
Bandhan Large Cap Fund Direct Growth Very High Risk	0.9%	0.0%	₹1979.87 Cr	15.4%
Bandhan Asset Allocation FOF Aggressive Plan Direct Growth Very High Risk	0.1%	1.0%	₹18.66 Cr	12.7%
Bandhan Government Securities Fund Investment Plan Direct Growth Low to Moderate Risk	0.5%	0.0%	₹1999.03 Cr	5.6%
Bandhan Focused Equity Fund Direct Growth Very High Risk	0.8%	1.0%	₹1993.81 Cr	10.4%
Bandhan Government Securities Fund - Constant Maturity Plan Direct Growth Moderate Risk	0.3%	0.0%	₹337.85 Cr	7.9%
Bandhan Infrastructure Fund Direct Growth Very High Risk	0.9%	0.0%	₹1428.17 Cr	11.0%
Bandhan Regular Savings Fund Direct Growth Moderately High risk	1.0%	0.0%	₹98.99 Cr	7.9%
Bandhan Bond Fund - Medium Term Plan Direct Growth Low to Moderate Risk	0.7%	0.0%	₹1375.47 Cr	6.8%
Bandhan Bond Fund - Income Plan Direct Growth Moderate Risk	1.3%	1.0%	₹473.11 Cr	5.0%
Bandhan Money Manager Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹15693.51 Cr	7.3%
Bandhan Bond Fund - Short Term Plan Direct Growth Low to Moderate Risk	0.3%	0.0%	₹10155.00 Cr	7.5%
Bandhan Nifty 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹2231.70 Cr	11.9%
Bandhan Sterling Value Fund Direct Growth Very High Risk	0.7%	1.0%	₹10103.58 Cr	11.4%
Bandhan Flexi Cap Fund Direct Growth Very High Risk	1.1%	1.0%	₹7477.59 Cr	13.0%
Bandhan Crisil IBX Gilt November 2026 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹99.62 Cr	7.3%
Bandhan Tax Advantage (ELSS) Fund Direct Growth Very High Risk	0.7%	0.0%	₹7059.87 Cr	13.7%
Bandhan Low Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹5927.39 Cr	7.0%

Risk Level

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What is the current NAV of Bandhan Government Securities Fund Investment Plan Direct Growth?

The NAV of Bandhan Government Securities Fund Investment Plan Direct Growth, as of 04-Mar-2026, is ₹38.76.

What are the returns of Bandhan Government Securities Fund Investment Plan Direct Growth?

The fund has generated 5.60% over the last 1 year and 7.72% 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 Bandhan Government Securities Fund Investment Plan Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 53.47% in bonds, and 46.53% in cash and cash equivalents.

Who manages the Bandhan Government Securities Fund Investment Plan Direct Growth?

The fund managers responsible for Bandhan Government Securities Fund Investment Plan Direct Growth are:-

Suyash Choudhary
Brijesh Shah

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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Bandhan Government Securities Fund Investment Plan Direct Growth

Fund Overview