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Gilt Mutual Funds

  • Average Return 6.04%
  • No of Funds 21

What is Gilt Mutual Fund

Gilt funds are debt funds that invest primarily in government securities. These funds have no risk of non-payment of interest or principal amount but get affected by interest rate movements as the Government borrowing typically happens to be for a longer duration.

Advantages of Gilt Funds

  • Suitable when interest rates in the economy are expected to come down
  • Ideal for an investment horizon of at least 3-5 years
  • Might see volatility during times of important economic events

Top schemes of Gilt Mutual Funds sorted by last 5 year returns

21 funds
Show Returns for via
Stable Portfolio

Min SIP

₹ 5,000

5 Yrs Return

+ 10.29 % p.a. + 10.44 % p.a. + 5.47 % + 8.43 % p.a. + 5.21 % p.a. + 13.72 % + 1.71 % p.a. + 8.78 %

Edelweiss

Fund Size

₹109 Crs

Return (p.a)

N.A. + 7.72% N.A. + 7.73% N.A. + 5.91% + 14.13% + 4.49% + 4.14% + 14.62% + 8.25%

VRO rating

4

ETM Rank

#3 of 17

DSP

Fund Size

₹409 Crs

Return (p.a)

N.A. + 7.49% N.A. + 6.78% N.A. + 5.11% + 11.16% + 3.8% + 3.78% + 10.83% + 8.23%

VRO rating

5

ETM Rank

#5 of 17

ICICI Prudential

Fund Size

₹2,395 Crs

Return (p.a)

N.A. + 7.48% N.A. + 10.02% N.A. + 5.88% + 17.13% + 4.82% + 5.26% + 22.16% + 8.48%

VRO rating

4

ETM Rank

#2 of 17

SBI

Fund Size

₹3,670 Crs

Return (p.a)

N.A. + 7.35% N.A. + 8.65% N.A. + 5.36% + 13.99% + 4.45% + 5.21% + 21.13% + 8.62%

VRO rating

5

ETM Rank

#4 of 17

Kotak

Fund Size

₹1,687 Crs

Return (p.a)

N.A. + 7.21% N.A. + 8.32% N.A. + 5.18% + 15.39% + 3.92% + 3.9% + 18.16% + 8.19%

VRO rating

3

ETM Rank

#6 of 17

Axis

Fund Size

₹126 Crs

Return (p.a)

N.A. + 7.19% N.A. + 8.18% N.A. + 5.13% + 13.64% + 3.89% + 4.35% + 15.06% + 7.69%

VRO rating

4

ETM Rank

#1 of 17

IDFC

Fund Size

₹1,404 Crs

Return (p.a)

N.A. + 7.15% N.A. + 4.66% N.A. + 4.36% + 10.1% + 2.72% + 2.18% + 4.07% + 8.33%

VRO rating

4

ETM Rank

#13 of 17

Nippon India

Fund Size

₹1,154 Crs

Return (p.a)

N.A. + 6.95% N.A. + 7.99% N.A. + 4.47% + 15.05% + 3.4% + 3.71% + 19.03% + 8.72%

VRO rating

3

ETM Rank

#8 of 17

Aditya Birla SL

Fund Size

₹1,286 Crs

Return (p.a)

N.A. + 6.95% N.A. + 6.08% N.A. + 4.81% + 11.53% + 3.57% + 3.0% + 7.2% + 8.42%

VRO rating

4

ETM Rank

#7 of 17

PGIM India

Fund Size

₹151 Crs

Return (p.a)

N.A. + 6.35% N.A. + 6.07% N.A. + 4.68% + 9.2% + 3.77% + 3.55% + 8.34% + 7.34%

VRO rating

3

ETM Rank

#8 of 17

L&T

Fund Size

₹245 Crs

Return (p.a)

N.A. + 6.18% N.A. + 6.75% N.A. + 4.32% + 9.33% + 3.18% + 3.63% + 5.45% + 7.76%

VRO rating

2

ETM Rank

#8 of 17

UTI

#14 of 17

Fund Size

₹529 Crs

Return (p.a)

N.A. + 6.07% N.A. + 7.09% N.A. + 3.97% + 11.74% + 3.15% + 3.59% + 17.44% + 7.69%

VRO rating

3

ETM Rank

#14 of 17

Tata

Fund Size

₹245 Crs

Return (p.a)

N.A. + 5.89% N.A. + 8.9% N.A. + 4.14% + 13.43% + 3.6% + 4.71% + 10.05% + 7.2%

VRO rating

2

ETM Rank

#15 of 17

Canara Robeco

Fund Size

₹87 Crs

Return (p.a)

N.A. + 5.87% N.A. + 6.09% N.A. + 4.03% + 10.43% + 3.08% + 3.32% + 5.89% + 7.43%

VRO rating

3

ETM Rank

#8 of 17

HDFC

Fund Size

₹1,678 Crs

Return (p.a)

N.A. + 5.51% N.A. + 6.68% N.A. + 3.89% + 12.13% + 2.87% + 2.83% + 10.11% + 6.92%

VRO rating

2

ETM Rank

#8 of 17

Franklin Templeton

Fund Size

₹155 Crs

Return (p.a)

N.A. + 5.35% N.A. + 6.01% N.A. + 3.86% + 10.12% + 3.39% + 3.54% + 5.1% + 6.58%

VRO rating

2

ETM Rank

#15 of 17

Invesco

Fund Size

₹21 Crs

Return (p.a)

N.A. + 5.34% N.A. + 6.02% N.A. + 3.44% + 8.06% + 2.9% + 3.71% + 7.82% + 6.76%

VRO rating

1

ETM Rank

#17 of 17

DSP

Fund Size

₹730 Crs

Return (p.a)

N.A. N.A. N.A. N.A. N.A. N.A. + 13.97% N.A. N.A. + 10.7% + 7.27%

VRO rating

N.A.

ETM Rank

Unranked

IDFC

Fund Size

₹6,279 Crs

Return (p.a)

N.A. N.A. N.A. + 6.34% N.A. N.A. + 11.81% N.A. + 2.73% + 6.98% + 2.9%

VRO rating

N.A.

ETM Rank

Unranked

IDFC

Fund Size

₹2,503 Crs

Return (p.a)

N.A. N.A. N.A. + 7.11% N.A. N.A. + 13.14% N.A. + 3.03% + 7.81% + 3.08%

VRO rating

N.A.

ETM Rank

Unranked

Motilal Oswal

Fund Size

₹8 Crs

Return (p.a)

N.A. N.A. N.A. + 5.58% N.A. N.A. + 11.96% N.A. N.A. + 6.99% + 2.6%

VRO rating

N.A.

ETM Rank

Unranked

Show all funds

Gilt Funds Returns Calculator

See what your investment would have yielded in

Select fund
Edelweiss Government Securities Fund
via in I want to invest of for a period of for

How to invest in Gilt Funds?

It is quite easy to invest in Gilt mutual funds on ET Money. Here are the steps that you have to follow.

  • Register online on ET Money app or website
  • Head to Mutual Funds sections and choose the Gilt fund you want to invest in.
  • Click on invest and choose the amount and mode of investment (SIP or Lumpsum)
  • Provide your KYC details (Pan number, Bank details) and complete your investment.

Frequently asked Questions

Which are the best Gilt Mutual Funds to invest in 2022?

These are top 5 Gilt funds you can invest in 2022

Fund Name Fund Category ETM Rank Consistency 5 Year Return (Annualized)
Edelweiss Government Securities Fund Debt # 3 of 17
8.05 % p.a.
DSP Government Securities Fund Debt # 5 of 17
7.52 % p.a.
ICICI Prudential Gilt Fund Debt # 2 of 17
7.11 % p.a.
SBI Magnum Gilt Fund Debt # 4 of 17
7.12 % p.a.
Kotak Gilt Investment Fund Debt # 6 of 17
7.09 % p.a.

Gilt Funds usually lend to the government for a medium to long duration. For this reason, you need to look at these funds for an investment horizon of at least 5 years. This duration increases the chance of you investing through the entire interest rate cycle, and this reduces the risk you take.

Gilt Funds by regulation have to invest at least 80% of their money in debt instruments issued by the government. These instruments are called G-Secs, a short form for Government Securities. The funds are free to decide the duration they lend for. However, since government borrowing is mostly for the long-term, most funds in the category end-up lending for a long duration.

Gilt Funds have zero credit risk because they lend to the government. However, they are extremely sensitive to interest rate changes in the economy because of their long lending duration. As a result, these funds can be extremely volatile in times of important economic events.

Gilt Funds have on an average delivered 2.42% p.a. returns in the last 1 year. Their 3 and 5 year annualized returns are 6.04% and 6.54%. p.a.

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