Tata Gilt Securities Fund - Direct Plan - Payout of
NAV history
Scorecard
★★★★★5/5 vs 34 of 37 Gilt Fund peers- Performance 60%
- Risk 15%
- Cost 10%
- Downside 15%
How this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Gilt Fund (same plan and option). 34 of the 37 Gilt Funds in this cohort carry the full record the stars need, so they are the ones ranked against.
3Y CAGR +6.99% · ranks 4 of 37 Gilt Funds
Volatility 3.4% vs 4.6% category avg
0.3% expense vs 0.5% category avg
100% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
- Ahead of the Gilt Fund average on 1M/3M/6M/1Y — 1Y by 3.18pp
- 3-year return (+6.99%) beats the Gilt Fund average (+2.82%)
- 5-year return (+6.32%) beats the Gilt Fund average (+2.24%)
- Ranks #6 of 37 on 1-year return in its Gilt Fund cohort
- Less volatile than its Gilt Fund peers (3.4% vs 4.6%)
Concerns
No significant concerns identified.
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Risk (trailing 3Y)
DefinitionsBenchmark ratios
Not shown for Gilt Fund — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.
Fund vs category average (Gilt Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | +0.41% | -0.47% | +0.88% |
| 3M abs | +4.74% | +2.07% | +2.67% |
| 6M abs | +3.81% | +1.14% | +2.67% |
| 1Y CAGR | +5.23% | +2.05% | +3.18% |
| 3Y CAGR | +6.99% | +2.82% | +4.17% |
| 5Y CAGR | +6.32% | +2.24% | +4.08% |
Category average across peers in Gilt Fund (up to 37 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Category rank
Vs 37 peers in Gilt Fund
Rolling returns
Return for every possible 1Y holding period, not just today’s
152 overlapping 1Y windows, sampled monthly across the fund’s history.
Worst falls, and the wait to get back
How far this fund has dropped from a high, and how long it took to reclaim it.
- -11.8%28 May 2013 → 19 Aug 2013
Fell over 3 months, back to the old high on 05 Nov 2014 — 15 months under water after the low.
- -6.0%14 Jun 2017 → 05 Feb 2018
Fell over 8 months, back to the old high on 28 Nov 2018 — 10 months under water after the low.
Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | |
|---|---|---|
| 2026part | +3.41% | |
| 2025 | +5.87% | |
| 2024 | +9.54% | |
| 2023 | +8.39% | |
| 2022 | +3.27% | |
| 2021 | +1.54% | |
| 2020 | +12.29% | |
| 2019 | +7.03% | |
| 2018 | +4.80% | |
| 2017 | +1.01% |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.
Fund size over time
Quarterly average AUM · AMFIDown +7% from its peak of ₹4.63Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into Tata Gilt Securities Fund - Direct Plan - Payout of, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Taxation
Taxed as debtThis is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.
Your income-tax slab — no LTCG or indexation benefit
Pick your slab to see the rate that applies to you.
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Tata in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
7 gold funds resume lump sum subscriptions in August. How have they performed?
Upstox · 3h ago
Tata Mutual Fund resumes subscription for large investors in gold ETF, removes lumpsum limits for Gold ETF
The Economic Times · 4h ago
Gold ETF Inflow Curbs Lifted: HDFC, Axis, And Tata Mutual Funds Reopen Subscriptions
Outlook Money · 5h ago
Tata Mutual Fund resumes subscriptions to Tata Gold ETF, Gold ETF FOF
Moneycontrol.com · 6h ago
Tata Mutual Fund resumes large-investor Gold ETF subscriptions as bullion heads for third weekly gain
Moneycontrol.com · 6h ago
Gold and silver returns in 2026: Key growth drivers and right allocation strategy for long-term investors
livemint.com · 4d ago
Gold or silver in 2026? Tata MF says keep 70% in gold, 30% in silver
Business Standard · 4d ago
Gold vs silver: Why Tata MF prefers a 70:30 allocation despite silver’s long-term potential
Business Today · 6d ago
Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Gilt funds
Gilt funds lend only to the government, so they carry no credit risk. Their prices do move with interest rates, though — they can swing when rate expectations change.
Frequently asked questions
What is the NAV of Tata Gilt Securities Fund - Direct Plan - Payout of?
As of 20 Aug 2026, the NAV of Tata Gilt Securities Fund - Direct Plan - Payout of is ₹25.72 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Tata Gilt Securities Fund - Direct Plan - Payout of delivered?
Tata Gilt Securities Fund - Direct Plan - Payout of has returned +5.23% over 1 year, +6.99% per year over 3 years, +6.32% per year over 5 years and +5.52% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of Tata Gilt Securities Fund - Direct Plan - Payout of?
Tata Gilt Securities Fund - Direct Plan - Payout of charges an expense ratio of 0.30% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of Tata Gilt Securities Fund - Direct Plan - Payout of?
Its largest holdings are GOVERNMENT OF INDIA 37426 GOI 11MY36 6.94 FV RS 100 (24.3%), GOVERNMENT OF INDIA 37341 091 DAYS TBILL 09JL26 FV RS 100 (21.7%), GOVERNMENT OF INDIA 36320 GOI 18AG55 7.24 FV RS 100 (16.2%), GOVERNMENT OF INDIA 34733 GOI 05AG54 7.09 FV RS 100 (13.8%) and GOVERNMENT OF INDIA 35840 GOI 15AP65 6.9 FV RS 100 (5.0%). Holdings are disclosed monthly and change over time.
How risky is Tata Gilt Securities Fund - Direct Plan - Payout of?
It is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 3.4% and its worst peak-to-trough fall in our sample was -11.8%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What does the Sharpe ratio of 0.14 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Tata Gilt Securities Fund - Direct Plan - Payout of's 0.14 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of Tata Gilt Securities Fund - Direct Plan - Payout of?
Tata Gilt Securities Fund - Direct Plan - Payout of is benchmarked against the CRISIL Dynamic Gilt Index AIII. Its alpha and beta on this page are measured against that index.
Who manages Tata Gilt Securities Fund - Direct Plan - Payout of?
Tata Gilt Securities Fund - Direct Plan - Payout of is managed by Akhil Mittal and Puja Kasat at Tata.
How is Tata Gilt Securities Fund - Direct Plan - Payout of taxed?
Tata Gilt Securities Fund - Direct Plan - Payout of is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.