Should I invest in DSP BlackRock Government Securities Fund?

We don't give personal investment advice. DSP BlackRock Government Securities Fund - Dividend is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 6.7%. 5-year CAGR: 0.01%.

DSP BlackRock

DSP BlackRock Government Securities Fund - Dividend

Latest NAV

₹12.5456

As of

12 Jun 2026

4,884 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-0.07%	+0.02%	-0.09	46 / 50	Q4
1W	+0.90%	+0.52%	+0.38	7 / 50	Q1
2W	+0.93%	+0.56%	+0.37	9 / 50	Q1
1M	+1.22%	+0.82%	+0.40	11 / 50	Q1
3M	-0.03%	+0.56%	-0.59	41 / 49	Q4
6M	+1.40%	+1.32%	+0.08	23 / 48	Q2
YTD	-0.04%	+0.96%	-1.01	39 / 48	Q4
1Y	+0.59%	+1.42%	-0.83	32 / 48	Q3
2Y	+0.61%	+4.07%	-3.46	38 / 47	Q4
3Y	-0.14%	+4.57%	-4.72	40 / 46	Q4
4Y	+0.84%	+4.90%	-4.05	38 / 44	Q4
5Y	+0.01%	+3.77%	-3.77	35 / 42	Q4
7Y	+0.12%	+4.49%	-4.38	36 / 42	Q4
10Y	+0.51%	+4.88%	-4.37	38 / 42	Q4
Inception	+0.47%	+5.11%	-4.63	44 / 50	Q4

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-0.04%	+0.75%	-0.80	26 / 35
2025	+2.29%	+3.16%	-0.87	27 / 37
2024	-1.00%	+7.11%	-8.11	37 / 37
2023	+0.06%	+5.56%	-5.50	34 / 37
2022	+1.01%	+1.37%	-0.36	27 / 37
2021	-1.96%	+1.03%	-2.99	34 / 37
2020	+2.39%	+8.25%	-5.86	33 / 37
2019	-2.06%	+8.56%	-10.61	37 / 37
2018	+7.26%	+3.47%	+3.79	7 / 47
2017	-3.98%	+0.07%	-4.05	41 / 47
2016	+2.64%	+11.27%	-8.64	40 / 46

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+0.47%

234 windows

min -10.6% · max 15.4%

55% positive

3-Year rolling

+0.41%

210 windows

min -4.7% · max 4.7%

65% positive

5-Year rolling

+0.43%

186 windows

min -4.7% · max 2.8%

73% positive

7-Year rolling

+0.48%

161 windows

min -1.4% · max 2.3%

78% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

5.80%

3-year · annualised

Sharpe ratio

-1.12

vs risk-free 6.5%

Sortino ratio

-1.27

Downside-only deviation

Max drawdown

-6.70%

Sep 2024 → Apr 2026

% positive months

69.4%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Gilt Fund

Scheme	Fund house	NAV	As of
HDFC Gilt Fund-Long Term-Dividend	HDFC	₹12.1795	12 Jun 2026
SBI MGLT- DIVIDEND - PF (Fixed Period - 1 Yr) Option	SBI	₹20.8823	12 Jun 2026
ICICI Prudential Gilt Fund-Investment-Dividend	ICICI Prudential	₹17.3777	12 Jun 2026
Templeton India Govt.Sec. Fund-Long Term Plan - Dividend	Franklin Templeton	₹10.6530	12 Jun 2026
Kotak Gilt-Investment Provident Fund and Trust-Dividend	Kotak Mahindra	₹11.7481	12 Jun 2026
DSP BlackRock Government Securities Fund - Growth	DSP BlackRock	₹96.8002	12 Jun 2026
BARODA PIONEER GILT FUND-Dividend Plan	Baroda Pioneer	₹25.7427	12 Jun 2026
Canara Robeco Gilt PGS-Growth Plan	Canara Robeco	₹76.1231	12 Jun 2026
UTI - GILT ADVANTAGE-LONG TERM PF-DIVIDEND	UTI	₹26.6658	12 Jun 2026
PGIM India Gilt Fund - Quarterly Dividend	PGIM India	₹13.3584	12 Jun 2026

Recent NAVs

Date	NAV
12 Jun 2026	₹12.5456
11 Jun 2026	₹12.5125
10 Jun 2026	₹12.5209
9 Jun 2026	₹12.5402
8 Jun 2026	₹12.4837
5 Jun 2026	₹12.4631
4 Jun 2026	₹12.4012
3 Jun 2026	₹12.3761
2 Jun 2026	₹12.4051
1 Jun 2026	₹12.3947

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 12 Jun 2026, the NAV of DSP BlackRock Government Securities Fund - Dividend is ₹12.5456. It's a Gilt Fund from DSP BlackRock, run as a Unknown plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

DSP BlackRock Government Securities Fund - Dividend has NAV history starting from 03 Apr 2006, a track record of about 20 years 2 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

DSP BlackRock Government Securities Fund - Dividend is managed by DSP BlackRock. It's classified by AMFI under the 'Gilt Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, DSP BlackRock Government Securities Fund - Dividend has delivered a absolute return of 0.59% — -0.83 pp behind the Gilt Fund category average of 1.42%. The fund ranks #32 of 48 in its category — the third (Q3) quartile.

Over the trailing 3-year window, DSP BlackRock Government Securities Fund - Dividend has delivered a CAGR of -0.14% — -4.72 pp behind the Gilt Fund category average of 4.57%. The fund ranks #40 of 46 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, DSP BlackRock Government Securities Fund - Dividend has delivered a CAGR of 0.01% — -3.77 pp behind the Gilt Fund category average of 3.77%. The fund ranks #35 of 42 in its category — the bottom (Q4) quartile.

₹1 lakh invested in DSP BlackRock Government Securities Fund - Dividend exactly 10 years ago would be worth approximately ₹105,239 today — a multiplier of 1.05×, based on the 10-year CAGR of 0.51%. The category average over the same window would have grown ₹1 lakh to ₹161,067.

A ₹10,000 monthly SIP in DSP BlackRock Government Securities Fund - Dividend over the last 5 years — total invested ₹600,000 — would be worth ₹605,987 today. That's an XIRR (money-weighted annualised return) of 0.39%.

A ₹10,000 monthly SIP for 10 years in DSP BlackRock Government Securities Fund - Dividend = ₹1,200,000 invested. It would currently be worth ₹1,221,943 (multiplier 1.02×). XIRR: 0.36%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, DSP BlackRock Government Securities Fund - Dividend ranks #35 out of 42 funds in the Gilt Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 3.77%; this fund delivered 0.01%.

The worst peak-to-trough decline DSP BlackRock Government Securities Fund - Dividend has experienced over the last 5-year window is 6.70% — its NAV fell from a high on 26 Sep 2024 to a low on 02 Apr 2026. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, DSP BlackRock Government Securities Fund - Dividend averaged 0.43% (best 2.80%, worst -4.65%). 73% of rolling windows ended positive. The 5-year Sharpe ratio is -1.26 — negative risk-adjusted performance.

In calendar year 2025, DSP BlackRock Government Securities Fund - Dividend returned 2.29% — lagging the Gilt Fund category average of 3.16% by 0.87 pp. It ranked #27 of 37 in its category that year.

DSP BlackRock Government Securities Fund - Dividend is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. DSP BlackRock Government Securities Fund - Dividend is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 6.7%. 5-year CAGR: 0.01%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.