The IDFC Government Securities Fund - Constant Maturity Plan is an open-ended debt scheme that invests in government securities such as government bonds and state development loans to maintain a constant average maturity of 10 years. As of February 2021, the fund had an average monthly AUM of Rs. 340.55 crores and has been managed by Mr. Harshal Joshi since May 2017. The fund aims to generate optimal returns for long-term investors through investments in sovereign government securities with an average maturity of around 10 years.