Should I invest in DSP BlackRock Government Securities Fund?

We don't give personal investment advice. DSP BlackRock Government Securities Fund - Growth 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: 4.7%. 5-year CAGR: 5.16%.

DSP BlackRock

DSP BlackRock Government Securities Fund - Growth

Latest NAV

₹95.4918

As of

3 Jun 2026

4,877 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	+0.08%	+0.05%	+0.03	13 / 50	Q2
1W	+0.14%	+0.10%	+0.05	12 / 50	Q1
2W	+0.76%	+0.33%	+0.43	4 / 50	Q1
1M	-0.18%	+0.17%	-0.35	44 / 50	Q4
3M	-1.38%	-0.05%	-1.33	43 / 49	Q4
6M	+0.31%	+0.58%	-0.27	26 / 48	Q3
YTD	-0.81%	+0.44%	-1.24	37 / 48	Q4
1Y	-1.65%	-0.07%	-1.58	32 / 48	Q3
2Y	+4.17%	+3.72%	+0.45	28 / 47	Q3
3Y	+5.47%	+4.38%	+1.09	24 / 46	Q3
4Y	+6.09%	+4.72%	+1.37	20 / 44	Q2
5Y	+5.16%	+3.72%	+1.44	16 / 42	Q2
7Y	+6.58%	+4.46%	+2.12	7 / 42	Q1
10Y	+7.16%	+4.82%	+2.34	11 / 42	Q2
Inception	+7.50%	+5.09%	+2.42	11 / 50	Q1

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	-0.81%	+0.03%	-0.83	24 / 35
2025	+4.69%	+3.16%	+1.52	18 / 37
2024	+10.34%	+7.11%	+3.23	3 / 37
2023	+7.07%	+5.56%	+1.52	16 / 37
2022	+2.69%	+1.37%	+1.32	12 / 37
2021	+3.09%	+1.03%	+2.06	4 / 37
2020	+12.61%	+8.25%	+4.36	3 / 37
2019	+12.79%	+8.56%	+4.24	5 / 37
2018	+7.27%	+3.47%	+3.81	6 / 47
2017	+1.52%	+0.07%	+1.45	21 / 47
2016	+15.13%	+11.27%	+3.86	19 / 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

+8.00%

234 windows

min -2.9% · max 35.0%

94% positive

3-Year rolling

+7.89%

210 windows

min 1.6% · max 12.7%

100% positive

5-Year rolling

+7.73%

185 windows

min 2.9% · max 10.3%

100% positive

7-Year rolling

+7.89%

161 windows

min 5.2% · max 10.0%

100% 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

4.91%

3-year · annualised

Sharpe ratio

-0.21

vs risk-free 6.5%

Sortino ratio

-0.36

Downside-only deviation

Max drawdown

-4.69%

May 2025 → 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	₹12.0577	3 Jun 2026
SBI MGLT- DIVIDEND - PF (Fixed Period - 1 Yr) Option	SBI	₹20.7036	3 Jun 2026
ICICI Prudential Gilt Fund-Investment-Dividend	ICICI Prudential	₹17.1914	3 Jun 2026
Templeton India Govt.Sec. Fund-Long Term Plan - Dividend	Franklin Templeton	₹10.6205	3 Jun 2026
Kotak Gilt-Investment Provident Fund and Trust-Dividend	Kotak Mahindra	₹11.6326	3 Jun 2026
DSP BlackRock Government Securities Fund - Dividend	DSP BlackRock	₹12.3761	3 Jun 2026
BARODA PIONEER GILT FUND-Dividend Plan	Baroda Pioneer	₹25.4008	3 Jun 2026
Canara Robeco Gilt PGS-Growth Plan	Canara Robeco	₹75.5222	3 Jun 2026
UTI - GILT ADVANTAGE-LONG TERM PF-DIVIDEND	UTI	₹26.5331	3 Jun 2026
PGIM India Gilt Fund - Quarterly Dividend	PGIM India	₹13.2250	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹95.4918
2 Jun 2026	₹95.7161
1 Jun 2026	₹95.6358
29 May 2026	₹95.6966
27 May 2026	₹95.6546
26 May 2026	₹95.5794
25 May 2026	₹95.6091
22 May 2026	₹95.0599
21 May 2026	₹94.9204
20 May 2026	₹95.1104

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 03 Jun 2026, the NAV of DSP BlackRock Government Securities Fund - Growth is ₹95.4918. 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 - Growth 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 - Growth 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 - Growth has delivered a absolute return of -1.65% — -1.58 pp behind the Gilt Fund category average of -0.07%. The fund ranks #32 of 48 in its category — the third (Q3) quartile.

Over the trailing 3-year window, DSP BlackRock Government Securities Fund - Growth has delivered a CAGR of 5.47% — +1.09 pp ahead of the Gilt Fund category average of 4.38%. The fund ranks #24 of 46 in its category — the third (Q3) quartile.

Over the trailing 5-year window, DSP BlackRock Government Securities Fund - Growth has delivered a CAGR of 5.16% — +1.44 pp ahead of the Gilt Fund category average of 3.72%. The fund ranks #16 of 42 in its category — the second (Q2) quartile.

₹1 lakh invested in DSP BlackRock Government Securities Fund - Growth exactly 10 years ago would be worth approximately ₹199,600 today — a multiplier of 2.00×, based on the 10-year CAGR of 7.16%. The category average over the same window would have grown ₹1 lakh to ₹160,073.

A ₹10,000 monthly SIP in DSP BlackRock Government Securities Fund - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹681,892 today. That's an XIRR (money-weighted annualised return) of 5.06%.

A ₹10,000 monthly SIP for 10 years in DSP BlackRock Government Securities Fund - Growth = ₹1,200,000 invested. It would currently be worth ₹1,649,200 (multiplier 1.37×). XIRR: 6.19%. 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 - Growth ranks #16 out of 42 funds in the Gilt Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 3.72%; this fund delivered 5.16%.

The worst peak-to-trough decline DSP BlackRock Government Securities Fund - Growth has experienced over the last 5-year window is 4.69% — its NAV fell from a high on 21 May 2025 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 - Growth averaged 7.73% (best 10.34%, worst 2.93%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.34 — negative risk-adjusted performance.

In calendar year 2025, DSP BlackRock Government Securities Fund - Growth returned 4.69% — beating the Gilt Fund category average of 3.16% by 1.52 pp. It ranked #18 of 37 in its category that year.

DSP BlackRock Government Securities Fund - Growth 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 - Growth 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: 4.7%. 5-year CAGR: 5.16%.

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

DSP BlackRock Government Securities Fund - Growth

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Gilt Fund

Recent NAVs

Frequently asked questions

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