Government securities Scheme (G)
Invests in central and state government bonds. The safest NPS scheme on credit risk; returns move with interest rates. Prioritises capital protection over aggressive growth.
About the government securities scheme
Invests in central and state government bonds. The safest NPS scheme on credit risk; returns move with interest rates. Prioritises capital protection over aggressive growth.
What it holds
Invests in central and state government bonds.
Return & risk
Risk profile: Low–moderate. Best suited to a any; favoured near retirement horizon.
How to read this
Figures below are per Pension Fund Manager. CAGR is the compounded annual growth of the NAV; XIRR is the return on a monthly SIP; risk is return volatility.
Growth since inception
The total NAV growth each Pension Fund Manager’s Scheme G has delivered since it launched, alongside the current NAV.
| Pension Fund Manager | NAV (₹) | Absolute return since inception |
|---|---|---|
| UTI | 37.34 | 273.40% |
| TATA | 12.91 | 29.06% |
| SBI | 41.75 | 317.46% |
| LIC | 31.19 | 211.92% |
| Kotak | 37.87 | 278.75% |
Compounded annual growth
Compounded annual growth rate of the NAV over each period — the standard way to compare returns across tenures.
| Pension Fund Manager | 1Y | 3Y | 5Y | 10Y | SI |
|---|---|---|---|---|---|
| UTI | 2.59% | 6.81% | 6.27% | 7.61% | 7.99% |
| TATA | 2% | 6.27% | — | — | 6.88% |
| SBI | 2.61% | 6.76% | 6.14% | 7.86% | 8.70% |
| LIC | 2.62% | 6.74% | 6.16% | 8.42% | 9.11% |
| Kotak | 1.87% | 6.11% | 5.83% | 7.67% | 8.08% |
Return on a regular SIP
XIRR is the money-weighted return of a monthly contribution (SIP) over each period — closer to what a regular investor actually experiences than point-to-point CAGR.
| Pension Fund Manager | 1Y | 3Y | 5Y | 10Y | SI |
|---|---|---|---|---|---|
| UTI | 3.91% | 5.79% | 6.56% | 6.99% | 7.90% |
| TATA | 3.26% | 5.17% | — | — | 5.86% |
| SBI | 3.79% | 5.76% | 6.49% | 7.07% | 8.14% |
| LIC | 3.80% | 5.77% | 6.50% | 7.34% | 8.12% |
| Kotak | 3.17% | 4.88% | 5.88% | 6.77% | 7.91% |
Return for the volatility taken
Each dot is a Pension Fund Manager, plotted by its 5-year return against its 5-year risk (volatility). Toward the top-left is more return for less risk.
Risk is the annualised standard deviation of daily returns; higher means larger swings. The chart uses the 5-year tenure for a like-for-like view, so managers without that much history may not appear here (their figures are in the tables above).