fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
LOG IN
SIGN UP

Fincash » Mutual Funds » Best Gilt Funds

Top 6 Best Gilt Funds To Invest In 2020

Updated on May 28, 2020 , 20399 views

Want to invest during falling interest rates? Gilt Funds in India are an answer to this!

Gilt Mutual Funds provide good returns during times of falling interest rates depending upon its maturity (or duration). Investors Investing in these funds need to have enough time for tracking their investments since the NAVs of these funds move very sharply with movement in interest rates.

Gilts funds are often used by two kinds of investors. Firstly, those who primarily want little or no credit risk, since the securities are backed by the government of India (or the government of the country they belong to) hence they carry least possible credit risk.

How To Choose Best Gilt Debt Mutual Funds?

1. Duration And Average Maturity

When investing in gilt Debt fund, it becomes necessary to determine the average maturity and the duration of the fund. This can be obtained in the fact sheet of the fund, the average maturity relates to the average time taken for securities to mature. The higher the average maturity (or duration), the higher the sensitivity to interest rate movement. While a downward movement is positive to the NAV of the fund (and hence returns), and upward (or increase) movement of interest rates will impact the NAV negatively resulting in a loss.

gilt-funds

Duration refers to the weighted average maturity of the securities in a portfolio. It is a prime parameter used by analysts and others to determine the interest rate sensitivity of the mutual fund. If the funds are held for the time of duration of the portfolio and the fund manager does not do anything, then the investor will generate the yield on the portfolio, without being subjected to interest rate movements. Gilts funds are often used by two kinds of investors. Firstly, those who primarily want little or no credit risk, since the securities are backed by the government of India (or the government of the country they belong to), these investors invest for the yield and not for a view on interest rates. The other kind of investors who invest in Gilt Funds are the ones who take a view on interest rates, they would typically look at the maturity or duration of the portfolio and invest accordingly.

There are primarily three kinds of gilt funds that exist, short term, medium term and long term. Short term gilt funds have a low duration, typically less than a year. Long-term gilt funds can have a very high maturity period, at times going up to 10 to 15 years also. Long-term gilt funds are invested in for yield as well as playing the interest rate view by investors.

Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

2. Interest Rate Risk

Gilt funds and interest rates are archrivals. There is an inverse relationship between Gilt debt funds and interest rates. An increase or decrease in the interest rate causes the NAV of the fund to fall or rise. This results in the fluctuation in the fund’s return. In fact, such extreme volatility in returns of the gilt funds makes them the riskiest in the debt mutual category. The impact is so profound that it may drive the yields to negative in the short run. Therefore, one should consider investing in gilt funds when Inflation is near its peak and the RBI (Reserve Bank of India) is not likely to raise the interest rate immediately. This would ensure there no downward movement in the NAV and hence returns. Any fall in interest rates would add to the returns of the fund.

A newbie investor should avoid investing in gilt mutual funds without a robust strategy.

Moreover, there are some other quantitative parameters that investors need to analyse before selecting the best Gilt Funds:

  • Look for a Gilt Fund that gives the most stable and consistent returns year-after-year. A fund having lesser volatility would be consistent. Volatility can be determined using the Beta and Standard Deviation (SD). Beta indicates how much fund’s return is sensitive to index movements. A beta of 1 signifies that the mutual fund NAV moves in line with the relevant benchmark, a beta of a greater than 1 designates that the NAV moves more than the relevant benchmark of the fund, and a beta of less than 1 means NAV moves less than the benchmark. Investors should decide before getting into a fund whether they want higher beta or low beta.Coming to SD, it is a statistical measure representing the volatility or risk of a fund. The higher the SD, higher will be the fluctuations in the returns. Ideally, investors look for funds with a lower standard deviation. However, if the investor is clear on the reason of investing and has reviewed the fund performance as well as portfolio & related parameters (yield, duration, maturity etc), this is something one can overlook.

  • The expense ratio is also one of the parameters to check your fund returns. It is advisable to go for a fund with a lower expense ratio in the same category. This is because the returns are derived after deducting expense ratio from the fund’s Total Return. Thus, the lower the expense ratio, the better returns it can deliver.

One needs to be careful in the entry and exit of their investments accurately. More importantly, considering important parameters to shortlist or invest in the best Gilt funds can be an optimal way to strengthen your portfolio. We take you to some of those parameters, following the best Gilt funds or Best Performing Mutual Funds to Invest in 2020.

Best Gilt Funds To Invest In FY 20 - 21

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)2019 (%)Debt Yield (YTM)Mod. DurationEff. Maturity
SBI Magnum Gilt Fund Growth ₹48.8413
↓ -0.04
₹2,4335.28.9179.213.10%
ICICI Prudential Gilt Fund Growth ₹75.3025
↓ -0.07
₹1,9885.89.916.59.510.80%
Aditya Birla Sun Life Government Securities Fund Growth ₹61.5612
↓ -0.06
₹3515.58.215.69.3110%
SBI Magnum Constant Maturity Fund Growth ₹48.0512
↓ -0.07
₹6094.67.715.510.911.90%
UTI Gilt Fund Growth ₹48.1762
↓ -0.04
₹6084.97.615.58.711.80%9Y 10M 30D
Nippon India Gilt Securities Fund Growth ₹29.3798
↓ -0.02
₹1,2504.67.915.49.812.46.19%6Y 7M 2D9Y 5M 19D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 29 May 20

1. SBI Magnum Gilt Fund

(Erstwhile SBI Magnum Gilt Fund - Long Term Plan)

To provide the investors with returns generated through investments in government securities issued by the Central Government and / or a State Government

SBI Magnum Gilt Fund is a Debt - Government Bond fund was launched on 30 Dec 00. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8.5% since its launch.  Ranked 3 in Government Bond category.  Return for 2019 was 13.1% , 2018 was 5.1% and 2017 was 3.9% .

Below is the key information for SBI Magnum Gilt Fund

SBI Magnum Gilt Fund
Growth
Launch Date 30 Dec 00
NAV (29 May 20) ₹48.8413 ↓ -0.04   (-0.09 %)
Net Assets (Cr) ₹2,433 on 30 Apr 20
Category Debt - Government Bond
AMC SBI Funds Management Private Limited
Rating
Risk Moderate
Expense Ratio 1.07
Sharpe Ratio 3.28
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 0%
Effective Maturity
Modified Duration

Growth of 10,000 investment over the years.

DateValue
30 Apr 15₹10,000
30 Apr 16₹10,719
30 Apr 17₹12,181
30 Apr 18₹12,500
30 Apr 19₹13,451
30 Apr 20₹15,756

SBI Magnum Gilt Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹209,201.
Net Profit of ₹29,201
Invest Now

Returns for SBI Magnum Gilt Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 May 20

DurationReturns
1 Month 2.5%
3 Month 5.2%
6 Month 8.9%
1 Year 17%
3 Year 9.2%
5 Year 9.9%
10 Year
15 Year
Since launch 8.5%
Historical performance (Yearly) on absolute basis
YearReturns
2019 13.1%
2018 5.1%
2017 3.9%
2016 16.3%
2015 7.3%
2014 19.9%
2013 6.4%
2012 11%
2011 5.8%
2010 4.7%
Fund Manager information for SBI Magnum Gilt Fund
NameSinceTenure
Dinesh Ahuja1 Feb 119.17 Yr.

Data below for SBI Magnum Gilt Fund as on 30 Apr 20

Asset Allocation
Asset ClassValue
Cash2.17%
Debt97.83%
Debt Sector Allocation
SectorValue
Government97.83%
Cash Equivalent2.17%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
GOVT STOCK
Sovereign Bonds | -
38%₹933 Cr85,500,000
↑ 20,000,000
7.26% Govt Stock 2029
Sovereign Bonds | -
27%₹668 Cr63,000,000
↑ 40,500,000
7.17% Govt Stock 2028
Sovereign Bonds | -
14%₹342 Cr32,500,000
7.16% Govt Stock 2050
Sovereign Bonds | -
10%₹247 Cr24,000,000
↑ 24,000,000
6.79% Govt Stock 2029
Sovereign Bonds | -
5%₹124 Cr12,000,000
Treps
CBLO/Reverse Repo | -
3%₹74 Cr
8.24% Govt Stock 2033
Sovereign Bonds | -
2%₹51 Cr4,500,000
Net Receivable / Payable
CBLO | -
1%-₹21 Cr
GOVT STOCK
Sovereign Bonds | -
0%₹11 Cr1,000,000
↑ 1,000,000
GOVT STOCK
Sovereign Bonds | -
0%₹4 Cr396,810
↓ -72,403,190

2. ICICI Prudential Gilt Fund

(Erstwhile ICICI Prudential Long Term Gilt Fund)

To generate income through investment in Gilts of various maturities.

ICICI Prudential Gilt Fund is a Debt - Government Bond fund was launched on 19 Aug 99. It is a fund with Moderate risk and has given a CAGR/Annualized return of 10.2% since its launch.  Ranked 5 in Government Bond category.  Return for 2019 was 10.8% , 2018 was 6.8% and 2017 was 2.1% .

Below is the key information for ICICI Prudential Gilt Fund

ICICI Prudential Gilt Fund
Growth
Launch Date 19 Aug 99
NAV (29 May 20) ₹75.3025 ↓ -0.07   (-0.09 %)
Net Assets (Cr) ₹1,988 on 30 Apr 20
Category Debt - Government Bond
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderate
Expense Ratio 0.92
Sharpe Ratio 3.12
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Yield to Maturity 0%
Effective Maturity
Modified Duration

Growth of 10,000 investment over the years.

DateValue
30 Apr 15₹10,000
30 Apr 16₹10,785
30 Apr 17₹11,958
30 Apr 18₹12,566
30 Apr 19₹13,524
30 Apr 20₹15,560

ICICI Prudential Gilt Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹209,201.
Net Profit of ₹29,201
Invest Now

Returns for ICICI Prudential Gilt Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 May 20

DurationReturns
1 Month 2.8%
3 Month 5.8%
6 Month 9.9%
1 Year 16.5%
3 Year 9.5%
5 Year 9.8%
10 Year
15 Year
Since launch 10.2%
Historical performance (Yearly) on absolute basis
YearReturns
2019 10.8%
2018 6.8%
2017 2.1%
2016 18.2%
2015 5.5%
2014 18%
2013 0.3%
2012 11%
2011 5.9%
2010 5.3%
Fund Manager information for ICICI Prudential Gilt Fund
NameSinceTenure
Rahul Goswami27 Sep 127.51 Yr.
Anuj Tagra30 Oct 136.42 Yr.

Data below for ICICI Prudential Gilt Fund as on 30 Apr 20

Asset Allocation
Asset ClassValue
Cash9.83%
Debt102.44%
Debt Sector Allocation
SectorValue
Government102.44%
Cash Equivalent9.83%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
GOVT STOCK
Sovereign Bonds | -
59%₹1,170 Cr107,200,000
↑ 5,900,000
GOVT STOCK
Sovereign Bonds | -
14%₹286 Cr27,500,000
↑ 27,500,000
Net Current Assets
Receivables | -
12%-₹244 Cr
Treps
CBLO/Reverse Repo | -
10%₹195 Cr
7.16% Govt Stock 2050
Sovereign Bonds | -
10%₹191 Cr18,500,000
↑ 18,500,000
7.26% Govt Stock 2029
Sovereign Bonds | -
4%₹71 Cr6,683,300
↓ -11,600,000
07.95 JK SDL 2030
Sovereign Bonds | -
4%₹70 Cr6,500,000
08.31 RJ SDL 2027
Sovereign Bonds | -
3%₹65 Cr6,000,000
↑ 6,000,000
08.96 KL SDL 2035
Sovereign Bonds | -
3%₹59 Cr5,000,000
↑ 5,000,000
08.10 JH SDL 2032
Sovereign Bonds | -
3%₹55 Cr5,000,000

3. Aditya Birla Sun Life Government Securities Fund

(Erstwhile Aditya Birla Sun Life Gilt Plus Fund - PF Plan)

An Open - ended government securities scheme with the objective to generate income and capital appreciation through investments exclusively in Government Securities.

Aditya Birla Sun Life Government Securities Fund is a Debt - Government Bond fund was launched on 12 Oct 99. It is a fund with Moderate risk and has given a CAGR/Annualized return of 9.2% since its launch.  Ranked 4 in Government Bond category.  Return for 2019 was 11% , 2018 was 6.9% and 2017 was 4.4% .

Below is the key information for Aditya Birla Sun Life Government Securities Fund

Aditya Birla Sun Life Government Securities Fund
Growth
Launch Date 12 Oct 99
NAV (29 May 20) ₹61.5612 ↓ -0.06   (-0.10 %)
Net Assets (Cr) ₹351 on 30 Apr 20
Category Debt - Government Bond
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderate
Expense Ratio 1.17
Sharpe Ratio 2.74
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 1,000
Exit Load 0-90 Days (0.5%),90 Days and above(NIL)
Yield to Maturity 0%
Effective Maturity
Modified Duration

Growth of 10,000 investment over the years.

DateValue
30 Apr 15₹10,000
30 Apr 16₹10,802
30 Apr 17₹12,150
30 Apr 18₹12,471
30 Apr 19₹13,682
30 Apr 20₹15,852

Aditya Birla Sun Life Government Securities Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹212,284.
Net Profit of ₹32,284
Invest Now

Returns for Aditya Birla Sun Life Government Securities Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 May 20

DurationReturns
1 Month 2.2%
3 Month 5.5%
6 Month 8.2%
1 Year 15.6%
3 Year 9.3%
5 Year 10%
10 Year
15 Year
Since launch 9.2%
Historical performance (Yearly) on absolute basis
YearReturns
2019 11%
2018 6.9%
2017 4.4%
2016 16.7%
2015 5.7%
2014 19.9%
2013 3.5%
2012 11.4%
2011 9.8%
2010 2.5%
Fund Manager information for Aditya Birla Sun Life Government Securities Fund
NameSinceTenure
Pranay Sinha1 Apr 173 Yr.

Data below for Aditya Birla Sun Life Government Securities Fund as on 30 Apr 20

Asset Allocation
Asset ClassValue
Cash4.57%
Debt95.43%
Debt Sector Allocation
SectorValue
Government95.43%
Cash Equivalent4.57%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
GOVT STOCK
Sovereign Bonds | -
33%₹116 Cr10,668,600
↓ -1,500,000
08.00 HR SDL 2030
Sovereign Bonds | -
12%₹43 Cr4,000,000
↑ 4,000,000
GOVT STOCK
Sovereign Bonds | -
9%₹31 Cr3,000,000
↓ -500,000
7.88% GS 2030
Sovereign Bonds | -
8%₹28 Cr2,500,000
Clearing Corporation Of India Limited
CBLO | -
8%₹27 Cr
07.73 GJ SDL 2029
Sovereign Bonds | -
8%₹26 Cr2,500,000
↑ 2,500,000
7.95% Govt Stock 2032
Sovereign Bonds | -
6%₹22 Cr2,000,000
07.65 UP SDL 2030
Sovereign Bonds | -
6%₹21 Cr2,000,000
↑ 2,000,000
08.68 TN SDL 2028
Sovereign Bonds | -
3%₹11 Cr1,000,000
Net Receivables / (Payables)
Net Current Assets | -
3%-₹11 Cr

4. SBI Magnum Constant Maturity Fund

(Erstwhile SBI Magnum Gilt Fund Short Term)

To provide the investors with the returns generated through investments in government securities issued by the Central Govt. and State Govt.

SBI Magnum Constant Maturity Fund is a Debt - 10 Yr Govt Bond fund was launched on 30 Dec 00. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 8.4% since its launch.  Ranked 1 in 10 Yr Govt Bond category.  Return for 2019 was 11.9% , 2018 was 9.9% and 2017 was 6.2% .

Below is the key information for SBI Magnum Constant Maturity Fund

SBI Magnum Constant Maturity Fund
Growth
Launch Date 30 Dec 00
NAV (29 May 20) ₹48.0512 ↓ -0.07   (-0.14 %)
Net Assets (Cr) ₹609 on 30 Apr 20
Category Debt - 10 Yr Govt Bond
AMC SBI Funds Management Private Limited
Rating
Risk Moderately Low
Expense Ratio 0.75
Sharpe Ratio 3.04
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 0%
Effective Maturity
Modified Duration

Growth of 10,000 investment over the years.

DateValue
30 Apr 15₹10,000
30 Apr 16₹10,919
30 Apr 17₹12,160
30 Apr 18₹12,844
30 Apr 19₹14,101
30 Apr 20₹16,388

SBI Magnum Constant Maturity Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹212,284.
Net Profit of ₹32,284
Invest Now

Returns for SBI Magnum Constant Maturity Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 May 20

DurationReturns
1 Month 2.2%
3 Month 4.6%
6 Month 7.7%
1 Year 15.5%
3 Year 10.9%
5 Year 10.7%
10 Year
15 Year
Since launch 8.4%
Historical performance (Yearly) on absolute basis
YearReturns
2019 11.9%
2018 9.9%
2017 6.2%
2016 12.8%
2015 9.1%
2014 12.6%
2013 8.7%
2012 9.2%
2011 8.4%
2010 5.2%
Fund Manager information for SBI Magnum Constant Maturity Fund
NameSinceTenure
Dinesh Ahuja25 Jan 200.18 Yr.

Data below for SBI Magnum Constant Maturity Fund as on 30 Apr 20

Asset Allocation
Asset ClassValue
Cash5.26%
Debt94.74%
Debt Sector Allocation
SectorValue
Government94.74%
Cash Equivalent5.26%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.26% Govt Stock 2029
Sovereign Bonds | -
42%₹254 Cr24,000,000
↑ 2,000,000
GOVT STOCK
Sovereign Bonds | -
26%₹158 Cr14,500,000
7.88% GS 2030
Sovereign Bonds | -
22%₹132 Cr12,000,000
Treps
CBLO/Reverse Repo | -
4%₹23 Cr
GOVT STOCK
Sovereign Bonds | -
4%₹21 Cr2,000,000
↑ 2,000,000
7.17% Govt Stock 2028
Sovereign Bonds | -
2%₹11 Cr1,000,000
Net Receivable / Payable
CBLO | -
1%₹9 Cr

5. UTI Gilt Fund

(Erstwhile UTI Gilt Advantage Fund- LTP)

To generate credit risk-free return through investment in sovereign securities issued by the Central Government and / or a State Government and / or any security unconditionally guaranteed by the Central Government and / or a State Government for repayment of principal and interest. However there can be no assurance that the investment objective of the Scheme will be achieved.

UTI Gilt Fund is a Debt - Government Bond fund was launched on 21 Jan 02. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8.9% since its launch.  Ranked 7 in Government Bond category.  Return for 2019 was 11.8% , 2018 was 6.3% and 2017 was 4.3% .

Below is the key information for UTI Gilt Fund

UTI Gilt Fund
Growth
Launch Date 21 Jan 02
NAV (29 May 20) ₹48.1762 ↓ -0.04   (-0.08 %)
Net Assets (Cr) ₹608 on 30 Apr 20
Category Debt - Government Bond
AMC UTI Asset Management Company Ltd
Rating
Risk Moderate
Expense Ratio 0.95
Sharpe Ratio 2.57
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load NIL
Yield to Maturity 0%
Effective Maturity 9 Years 10 Months 30 Days
Modified Duration

Growth of 10,000 investment over the years.

DateValue
30 Apr 15₹10,000
30 Apr 16₹10,531
30 Apr 17₹12,186
30 Apr 18₹12,537
30 Apr 19₹13,504
30 Apr 20₹15,605

UTI Gilt Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹209,201.
Net Profit of ₹29,201
Invest Now

Returns for UTI Gilt Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 May 20

DurationReturns
1 Month 2%
3 Month 4.9%
6 Month 7.6%
1 Year 15.5%
3 Year 8.7%
5 Year 9.7%
10 Year
15 Year
Since launch 8.9%
Historical performance (Yearly) on absolute basis
YearReturns
2019 11.8%
2018 6.3%
2017 4.3%
2016 15.5%
2015 6.1%
2014 19.8%
2013 4%
2012 10.3%
2011 7.8%
2010 4.6%
Fund Manager information for UTI Gilt Fund
NameSinceTenure
Amandeep Chopra1 Feb 128.17 Yr.

Data below for UTI Gilt Fund as on 30 Apr 20

Asset Allocation
Asset ClassValue
Debt86.89%
Other13.11%
Debt Sector Allocation
SectorValue
Government86.89%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
GOVT STOCK
Sovereign Bonds | -
35%₹215 Cr2,100,000,000
↑ 1,600,000,000
GOVT STOCK
Sovereign Bonds | -
31%₹186 Cr1,700,000,000
↑ 600,000,000
Net Current Assets
Receivables | -
13%₹80 Cr00
08.15 JK SDL 2030
Sovereign Bonds | -
9%₹55 Cr500,000,000
↑ 500,000,000
07.93 KA SDL 2031
Sovereign Bonds | -
4%₹27 Cr250,000,000
↑ 250,000,000
07.91 KL SDL 2030
Sovereign Bonds | -
4%₹27 Cr250,000,000
↑ 250,000,000
8.13% Govt Stock 2045
Sovereign Bonds | -
3%₹17 Cr150,000,000
07.24 AS SDL 2030
Sovereign Bonds | -
0%₹2 Cr17,910,000
↓ -200,000,000

6. Nippon India Gilt Securities Fund

The primary investment objective of the scheme is to generate optimal credit risk-free returns by investing in a portfolio of securities issued and guaranteed by the Central Government and State Government.

Nippon India Gilt Securities Fund is a Debt - Government Bond fund was launched on 22 Aug 08. It is a fund with Moderate risk and has given a CAGR/Annualized return of 9.6% since its launch.  Ranked 2 in Government Bond category.  Return for 2019 was 12.4% , 2018 was 8% and 2017 was 3.4% .

Below is the key information for Nippon India Gilt Securities Fund

Nippon India Gilt Securities Fund
Growth
Launch Date 22 Aug 08
NAV (29 May 20) ₹29.3798 ↓ -0.02   (-0.06 %)
Net Assets (Cr) ₹1,250 on 30 Apr 20
Category Debt - Government Bond
AMC Nippon Life Asset Management Ltd.
Rating
Risk Moderate
Expense Ratio 1.61
Sharpe Ratio 3.13
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 100
Exit Load 0-15 Days (0.25%),15 Days and above(NIL)
Yield to Maturity 6.19%
Effective Maturity 9 Years 5 Months 19 Days
Modified Duration 6 Years 7 Months 2 Days

Growth of 10,000 investment over the years.

DateValue
30 Apr 15₹10,000
30 Apr 16₹10,786
30 Apr 17₹12,160
30 Apr 18₹12,576
30 Apr 19₹13,805
30 Apr 20₹16,054

Nippon India Gilt Securities Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹180,000
expected amount after 3 Years is ₹212,284.
Net Profit of ₹32,284
Invest Now

Returns for Nippon India Gilt Securities Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 May 20

DurationReturns
1 Month 1.9%
3 Month 4.6%
6 Month 7.9%
1 Year 15.4%
3 Year 9.8%
5 Year 10.2%
10 Year
15 Year
Since launch 9.6%
Historical performance (Yearly) on absolute basis
YearReturns
2019 12.4%
2018 8%
2017 3.4%
2016 17%
2015 6.2%
2014 18.6%
2013 3.3%
2012 13%
2011 4.7%
2010 3.2%
Fund Manager information for Nippon India Gilt Securities Fund
NameSinceTenure
Prashant Pimple30 Mar 0911.01 Yr.
Kinjal Desai16 Jul 181.71 Yr.

Data below for Nippon India Gilt Securities Fund as on 30 Apr 20

Asset Allocation
Asset ClassValue
Cash5.32%
Debt97.77%
Debt Sector Allocation
SectorValue
Government97.77%
Cash Equivalent5.32%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
GOVT STOCK
Sovereign Bonds | -
27%₹338 Cr31,000,000
↑ 20,000,000
7.26% Govt Stock 2029
Sovereign Bonds | -
27%₹334 Cr31,500,000
↓ -3,500,000
7.17% Govt Stock 2028
Sovereign Bonds | -
27%₹331 Cr31,500,000
GOVT STOCK
Sovereign Bonds | -
9%₹107 Cr10,000,000
↓ -13,500,000
Triparty Repo
CBLO/Reverse Repo | -
5%₹66 Cr
7.61% Govt Stock 2030
Sovereign Bonds | -
4%₹54 Cr5,000,000
Net Current Assets
Receivables | -
3%-₹39 Cr
7.88% GS 2030
Sovereign Bonds | -
3%₹39 Cr3,500,000
8.21% RJ SDL Spl 2022
Domestic Bonds | -
1%₹11 Cr1,000,000
7.95% Govt Stock 2032
Sovereign Bonds | -
0%₹6 Cr500,000

How to Invest in Gilt Funds Online?

  1. Open Free Investment Account for Lifetime at Fincash.com.

  2. Complete your Registration and KYC Process

  3. Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!

    Get Started

Conclusion

If you want to invest in gilt mutual funds, then you need to invest opportunistically. An essential thing about investing in the best Gilt Funds is to strategies well. Having a strategy would help you to avoid perilous situations. Investing in these funds demands an ability to take a view on what the RBI may do in its credit risk policy and a call on interest rate movements._

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
How helpful was this page ?
Rated 5, based on 3 reviews.
POST A COMMENT