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3 Best Gilt Funds That Deliver Higher Than Benchmark Returns In Double Digits

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Gilt funds are safe bets for investors because of they being mobilizing their resources in G-securities that are soverign backed and hence not fraught with credit risk. Also, as these funds have been garnering interest as return from them are attractive even in a declining interest rate situation. So, here is elaborated 3 such gilt funds which investors can look upon for good gains:

3 Best Gilt Funds That Deliver Higher Than Benchmark Returns In Double Digits
 

Before that don't forget that tax aspect cannot be overlooked and one can get a higher return than Bank FDs from such mutual funds.

1. DSP Government Securities Fund- Direct Plan- Growth: This CRISIL 4 star rated fund has an asset size of 561 crores. And its CAGR is 9.9% since inception. NAV of the fund is 73.78 as on November 26, 2020. Objective of the fund is Income generation.

Top instrument in the fund's portfolio is 7.26 % GOI securities with expiry in 2029.

Fund 1-year 3-year 5-year return in %
DSP Government Securities Fund- Direct Plan- Growth: 13.78 11.06 10.5

2. Nippon India Gilt Securities Fund PF- Automatic Capital App:

The scheme's 1 year return has been higher than the benchmark at 11.29%. And its NAV was last 30.28. Expense ratio of the fund is 1.6 percent. The benchmark here is CRISIL 10 Year Gilt Index. Type of holdings in the fund include G-Securities and T bills.

Fund 1-year 3-year 5-year return in %
Nippon India Gilt Securities Fund PF- Automatic Capital App
11.29 9/95 10.16

3. IDFC Government Securities Fund-Investment Plan-Regular Plan

Fund 1-year 3-year 5-year return in %

Fund 1-year 3-year 5-year return in %
IDFC Government Securities Fund-Investment Plan-Regular Plan
13.92 10.87 10.10

Risk o meter suggest moderate risk in the fund with a return higher than the benchmark at 13.92%. Further for SIP investment minimum sum required is Rs. 1000. The fund is almost Rs. 2104 crore in asset size and carries an expense of 1.23 percent.

GoodReturns.in

Story first published: Friday, November 27, 2020, 11:46 [IST]
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