Based on 1-year returns, the top performing Gilt funds are Bandhan Gilt Fund Direct-Growth with 7.30% return, ICICI Prudential Gilt Fund Direct Plan-Growth with 4.97% return, and Motilal Oswal 5 Year G-Sec FoF Direct-Growth with 4.65% return. The category average 1-year return is 3.23%.
Gilt Funds
Glit debt funds invest a minimum of 80% of total assets in the Government of India securities (G-secs) with different maturities.
Total Schemes
26
No. of schemes
Total AUM
₹ 0.34Lakh Cr
As on latest
Category Return (5Y)
6.14 %
CAGR
Benchmark Data
NA
This category currently has no benchmark assigned.
Category Returns (%)
| Period | 1M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | YTD |
|---|---|---|---|---|---|---|---|
Gilt | 1.66 % | 3.63 % | 3.23 % | 6.81 % | 6.14 % | 7.27 % | 3.06 % |
Benchmark Not Available No benchmark assigned | - | - | - | - | - | - | - |
About Gilt Funds
What is it?
Glit debt funds invest a minimum of 80% of total assets in the Government of India securities (G-secs) with different maturities.
Objective
These funds aim to offer steady returns to investors in line with the prevailing market interest rates by investing in government-issued securities.
Suitability and opinion
These funds are one of the safest investment options. These funds have virtually zero risk of default as they invest in bonds that are issued by the government. This makes them suitable for risk-averse investors looking to generate decent returns across different investment tenures. But these funds may have high volatility in response to changes in interest rates. We believe that investors can avoid this category altogether and can invest in liquid funds and short-duration funds for the debt allocation of their portfolios. We feel that there are too many debt fund categories available based on the tenure and types of bonds. This leads to more confusion and does not add any value to retail investors.
Gilt vs Other Categories
5Y CAGR Return Comparison
Key Insights
Gilt delivered 6.14% CAGR over the last 5 years.
It ranks #16 out of 18 categories based on 5Y performance.
Below the category average return of 6.62%.
15 categories outperform it, while 2 categories have lower returns.
Top performer: Credit Risk (10.09%).
Lowest performer: Overnight (5.63%).
Let's have a closer look
Now let us jump and check about these top 15 mutual fund schemes.
ICICI Prudential Gilt Fund Direct Plan-Growth
Fund Performance: ICICI Prudential Gilt Fund Direct Plan-Growth has given 7.78% annualized returns in the past three years and 7.25% in the last 5 years. The ICICI Prudential Gilt Fund Direct Plan-Growth comes under the Debt category of ICICI Prudential Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Gilt Fund Direct Plan-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 1,000.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 8,784.94Cr
1Y Returns
4.97%
Expense Ratio
0.57%
SBI Gilt Fund Direct-Growth
Fund Performance: SBI Gilt Fund Direct-Growth has given 6.90% annualized returns in the past three years and 6.59% in the last 5 years. The SBI Gilt Fund Direct-Growth comes under the Debt category of SBI Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in SBI Gilt Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 8,454.83Cr
1Y Returns
3.78%
Expense Ratio
0.50%
Kotak Gilt Investment Direct-Growth
Fund Performance: Kotak Gilt Investment Direct-Growth has given 6.30% annualized returns in the past three years and 6.08% in the last 5 years. The Kotak Gilt Investment Direct-Growth comes under the Debt category of Kotak Mahindra Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Kotak Gilt Investment Direct-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 100.00
AUM
₹ 2,257.15Cr
1Y Returns
2.20%
Expense Ratio
0.48%
Kotak Gilt Investment PF & Trust Direct-Growth
Fund Performance: Kotak Gilt Investment PF & Trust Direct-Growth has given 6.31% annualized returns in the past three years and 6.08% in the last 5 years. The Kotak Gilt Investment PF & Trust Direct-Growth comes under the Debt category of Kotak Mahindra Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Kotak Gilt Investment PF & Trust Direct-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 100.00
AUM
₹ 2,257.15Cr
1Y Returns
2.20%
Expense Ratio
0.40%
HDFC Gilt Fund Direct-Growth
Fund Performance: HDFC Gilt Fund Direct-Growth has given 6.95% annualized returns in the past three years and 5.98% in the last 5 years. The HDFC Gilt Fund Direct-Growth comes under the Debt category of HDFC Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in HDFC Gilt Fund Direct-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 100.00
AUM
₹ 2,069.77Cr
1Y Returns
3.55%
Expense Ratio
0.46%
Bandhan Gilt Fund Direct-Growth
Fund Performance: Bandhan Gilt Fund Direct-Growth has given 8.33% annualized returns in the past three years and 6.75% in the last 5 years. The Bandhan Gilt Fund Direct-Growth comes under the Debt category of Bandhan Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Bandhan Gilt Fund Direct-Growth via lump sum is ₹ 1,000.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 1,000.00
AUM
₹ 1,892.40Cr
1Y Returns
7.30%
Expense Ratio
0.56%
Nippon India Gilt Fund Direct-Growth
Fund Performance: Nippon India Gilt Fund Direct-Growth has given 6.79% annualized returns in the past three years and 6.11% in the last 5 years. The Nippon India Gilt Fund Direct-Growth comes under the Debt category of Nippon India Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Nippon India Gilt Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 1,592.16Cr
1Y Returns
3.40%
Expense Ratio
0.50%
Aditya Birla Sun Life Government Securities Fund Direct Plan-Growth
Fund Performance: Aditya Birla Sun Life Government Securities Fund Direct Plan-Growth has given 6.25% annualized returns in the past three years and 5.77% in the last 5 years. The Aditya Birla Sun Life Government Securities Fund Direct Plan-Growth comes under the Debt category of Aditya Birla Sun Life Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Aditya Birla Sun Life Government Securities Fund Direct Plan-Growth via lump sum is ₹ 1,000.00 and via SIP is ₹ 1,000.00.
Min Investment Amt
₹ 1,000.00
AUM
₹ 1,376.12Cr
1Y Returns
1.95%
Expense Ratio
0.49%
DSP Gilt Fund Direct Plan-Growth
Fund Performance: DSP Gilt Fund Direct Plan-Growth has given 7.26% annualized returns in the past three years and 6.50% in the last 5 years. The DSP Gilt Fund Direct Plan-Growth comes under the Debt category of DSP Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in DSP Gilt Fund Direct Plan-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.
Min Investment Amt
₹ 100.00
AUM
₹ 1,269.93Cr
1Y Returns
3.80%
Expense Ratio
0.59%
Tata Gilt Securities Fund Direct-Growth
Fund Performance: Tata Gilt Securities Fund Direct-Growth has given 7.04% annualized returns in the past three years and 6.41% in the last 5 years. The Tata Gilt Securities Fund Direct-Growth comes under the Debt category of Tata Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Tata Gilt Securities Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 919.79Cr
1Y Returns
2.99%
Expense Ratio
0.31%
Baroda BNP Paribas Gilt Fund Direct-Growth
Fund Performance: Baroda BNP Paribas Gilt Fund Direct-Growth has given 6.91% annualized returns in the past three years and 6.12% in the last 5 years. The Baroda BNP Paribas Gilt Fund Direct-Growth comes under the Debt category of Baroda BNP Paribas Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Baroda BNP Paribas Gilt Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 692.05Cr
1Y Returns
2.74%
Expense Ratio
0.17%
Axis Gilt Fund Direct Plan-Growth
Fund Performance: Axis Gilt Fund Direct Plan-Growth has given 7.63% annualized returns in the past three years and 6.53% in the last 5 years. The Axis Gilt Fund Direct Plan-Growth comes under the Debt category of Axis Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Axis Gilt Fund Direct Plan-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 1,000.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 430.70Cr
1Y Returns
4.64%
Expense Ratio
0.46%
UTI Gilt Fund Direct-Growth
Fund Performance: UTI Gilt Fund Direct-Growth has given 7.01% annualized returns in the past three years and 6.11% in the last 5 years. The UTI Gilt Fund Direct-Growth comes under the Debt category of UTI Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in UTI Gilt Fund Direct-Growth via lump sum is ₹ 500.00 and via SIP is ₹ 500.00.
Min Investment Amt
₹ 500.00
AUM
₹ 423.44Cr
1Y Returns
4.43%
Expense Ratio
0.69%
HSBC Gilt Fund Direct-Growth
Fund Performance: HSBC Gilt Fund Direct-Growth has given 6.45% annualized returns in the past three years and 5.66% in the last 5 years. The HSBC Gilt Fund Direct-Growth comes under the Debt category of HSBC Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in HSBC Gilt Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 1,000.00.
Min Investment Amt
₹ 5,000.00
AUM
₹ 168.23Cr
1Y Returns
2.41%
Expense Ratio
0.50%
Franklin India Government Securities Fund Direct-Growth
Fund Performance: Franklin India Government Securities Fund Direct-Growth has given 6.58% annualized returns in the past three years and 5.68% in the last 5 years. The Franklin India Government Securities Fund Direct-Growth comes under the Debt category of Franklin Templeton Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in Franklin India Government Securities Fund Direct-Growth via lump sum is ₹ 10,000.00 and via SIP is ₹ 500.00.
Min Investment Amt
₹ 10,000.00
AUM
₹ 149.50Cr
1Y Returns
4.65%
Expense Ratio
0.64%
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