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GILT FUNDS WITH 10 YEAR CONSTANT DURATION – A Read

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GILT FUNDS WITH 10 YEAR CONSTANT DURATION

A Gilt Fund is known as one of the safest investment options, reason being, it is issued by the Union Government & the RBI. Also, the corpus amount has NIL risk involved, as the Government will pay-off the money back to the investor(s). Nevertheless, returns generated on the same-mentioned can fluctuate depending upon the rate of interest fluctuations in the country.  

Features of Gilt Funds with 10 Year Constant Duration 

Here: 

  • As mentioned, gilt mutual funds are one of the reliable funds available in the investment market (at-least 80% of the total portfolio is invested in the assets issued by the government).  
  • However, the corpus has zero associated risks as it is under the supervision of the Government, but; the returns are generated as per the fluctuations of the interest rates.  
  • There is a lock-in-period of 10 years as said by the name itself. Thus, the portfolio is fixed for 10 years.  

Top 5 Gilt Funds with 10 Year Constant Duration as per Gulaq  

As follows: 

  • Nippon India Gilt Securities FundIt is a debt mutual fund scheme that was launched by Reliance mutual fund. Later on, it was introduced on 1st Jan 2013 to its investors. Currently, the fund is managed by Prashant R. Pimple. Talking about AUM, it is of INR 1086 Cr, and the latest NAV is of INR 16.35. The fund growth is rated moderate risk. Also, the minimum SIP investment is INR 100, and, lumpsum investment is INR 5000.  
  • IDFC Government Securities FundIt is a debt mutual fund scheme that was launched by IDFC mutual fund. Later on, it was introduced on 1st Jan 2013 to its investors. Currently, the fund is managed by Suyash Choudhary. Talking about AUM, it is of INR 469 Cr,a nd the latest NAV is of INR 26.48 (dated as of 27th Feb 2020). The fund growth is rated moderate risk. Also, the minimum SIP investment is INR 1000, and, lumpsum investment is INR 5000.  
  • Aditya Birla Sun Life Government Securities FundIt is a debt mutual fund scheme that was launched by Aditya Birla Sun Life mutual fund. Later on, it was introduced on 1st Jan 2013 to its investors. Currently, the fund is managed by Ashish Kela, and Pranay Sinha. Talking about AUM, it is of INR 231 Cr, and the latest NAV is of INR 60.55 (dated as of 27th Feb 2020). The fund growth is rated moderate risk. Also, the minimum SIP investment is INR 1000.  
  • DSP Government Securities FundIt is a debt mutual fund scheme that was launched by DSP Blackrock mutual fund. Later on, it was introduced on 1st Jan 2013 to its investors. Currently, the fund is managed by Saurabh Bhatia, and Vikram Chopra. Talking about AUM, it is of INR 504 Cr, and the latest NAV is of INR 69.76 (dated as of 27th Feb 2020). The fund growth is rated moderate risk. Also, the minimum SIP investment is INR 500.  
  • SBI Magnum Gilt FundIt is a debt mutual fund that was launched by SBI mutual fund. Later on, it was introduced on 30th Dec 2020 to its investors. Currently, the fund is managed by Dinesh Ahuja. Talking about AUM, it is of INR 1916 Cr, and the latest NAV is of INR 47.91 (dated as of 27th Feb 2020). The fund growth is rated moderate risk. Also, the minimum SIP investment is INR 500, and, lumpsum investment is INR 5000.  

Looking to invest? Hop on to gulaq.com and start investing in direct mutual funds. Furthermore, you can also get in touch: [email protected]     

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*Disclaimer: investment in securities market are subject to market risks, read all the related documents carefully before investing

 

 

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