Get a free quote
Scan the QR Code to download the ET Money app
- To scan the QR code you can use a QR code scanner app or your smartphone camera using Google lens.
- After downloading the app, explore our products to help you live your choices.
Mutual Funds
Genius
Insurance
Calculators
Great! You have sucessfully subscribed for newsletters for investments
Subscribed email:
Gilt Mutual Funds
- Average Return 4.54%
- No of Funds 19
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
19 funds
ShowReturns for
via
Min SIP
₹ 5,000
5 Yrs Return
+ 8.36 % p.a. + 9.52 % p.a. + 8.5 % + 5.25 % p.a. + 4.29 % p.a. + 4.52 % + 6.55 % p.a. -0.16 %
#13 of 19
Fund Size
₹4,001 Crs
Return (p.a)
+ 7.46% + 20.67% + 8.43% + 54.55% + 2.68% + 2.68% + 6.54% + 10.40% + 1.27% + 1.27% + 7.40% + 7.78% + 4.77% + 4.77% + 0.72% + 0.72%
ETM Rank
#13 of 19
#6 of 19
Fund Size
₹7,060 Crs
Return (p.a)
+ 7.22% + 19.97% + 8.42% + 54.44% + 2.13% + 2.13% + 6.18% + 9.81% + 0.45% + 0.45% + 7.05% + 7.41% + 4.34% + 4.34% + 0.13% + 0.13%
ETM Rank
#6 of 19
#4 of 19
Fund Size
₹592 Crs
Return (p.a)
+ 7.00% + 19.31% + 8.11% + 51.95% + 2.23% + 2.23% + 5.61% + 8.88% + 0.72% + 0.72% + 6.33% + 6.64% + 4.22% + 4.22% + 0.40% + 0.40%
ETM Rank
#4 of 19
#16 of 19
Fund Size
₹2,388 Crs
Return (p.a)
+ 6.98% + 19.23% + 8.12% + 51.98% + 2.23% + 2.23% + 5.83% + 9.23% + 0.83% + 0.83% + 6.54% + 6.87% + 4.31% + 4.31% + 0.50% + 0.50%
ETM Rank
#16 of 19
Fund Size
₹138 Crs
Return (p.a)
+ 6.84% + 18.81% N.A. N.A. + 1.50% + 1.50% + 5.26% + 8.30% + 0.26% + 0.26% + 5.43% + 5.68% + 3.33% + 3.33% + 0.11% + 0.11%
ETM Rank
#7 of 19
Fund Size
₹1,434 Crs
Return (p.a)
+ 6.49% + 17.78% + 8.09% + 51.77% + 1.91% + 1.91% + 5.19% + 8.19% + 0.57% + 0.57% + 5.67% + 5.94% + 3.84% + 3.84% + 0.24% + 0.24%
ETM Rank
#3 of 19
#11 of 19
Fund Size
₹1,411 Crs
Return (p.a)
+ 6.44% + 17.64% + 8.37% + 54.03% + 1.85% + 1.85% + 5.19% + 8.20% + 0.36% + 0.36% + 5.98% + 6.26% + 3.91% + 3.91% + 0.18% + 0.18%
ETM Rank
#11 of 19
#2 of 19
Fund Size
₹217 Crs
Return (p.a)
+ 6.44% + 17.64% + 7.42% + 46.53% + 1.85% + 1.85% + 4.92% + 7.75% + 0.51% + 0.51% + 5.48% + 5.74% + 3.52% + 3.52% + 0.26% + 0.26%
ETM Rank
#2 of 19
#14 of 19
Fund Size
₹1,462 Crs
Return (p.a)
+ 6.42% + 17.59% + 7.99% + 50.96% + 1.63% + 1.63% + 4.66% + 7.33% + 0.29% + 0.29% + 5.23% + 5.48% + 3.60% + 3.60% + 0.14% + 0.14%
ETM Rank
#14 of 19
#18 of 19
Fund Size
₹276 Crs
Return (p.a)
+ 6.13% + 16.73% + 7.16% + 44.58% + 2.39% + 2.39% + 5.66% + 8.95% + 0.67% + 0.67% + 6.85% + 7.19% + 4.48% + 4.48% + 0.58% + 0.58%
ETM Rank
#18 of 19
#1 of 19
Fund Size
₹132 Crs
Return (p.a)
+ 6.08% + 16.60% + 7.17% + 44.61% + 1.97% + 1.97% + 5.17% + 8.16% + 0.58% + 0.58% + 5.68% + 5.95% + 3.78% + 3.78% + 0.34% + 0.34%
ETM Rank
#1 of 19
#10 of 19
Fund Size
₹536 Crs
Return (p.a)
+ 5.86% + 15.95% + 7.43% + 46.61% + 1.88% + 1.88% + 4.91% + 7.74% + 0.68% + 0.68% + 5.72% + 5.99% + 3.76% + 3.76% + 0.44% + 0.44%
ETM Rank
#10 of 19
#8 of 19
Fund Size
₹92 Crs
Return (p.a)
+ 5.84% + 15.89% + 7.25% + 45.23% + 1.82% + 1.82% + 4.97% + 7.84% + 0.53% + 0.53% + 5.77% + 6.05% + 3.77% + 3.77% + 0.39% + 0.39%
ETM Rank
#8 of 19
#9 of 19
Fund Size
₹223 Crs
Return (p.a)
+ 5.75% + 15.62% + 7.32% + 45.78% + 1.42% + 1.42% + 4.58% + 7.20% + 0.30% + 0.30% + 5.20% + 5.44% + 3.14% + 3.14% + 0.26% + 0.26%
ETM Rank
#9 of 19
#15 of 19
Fund Size
₹2,038 Crs
Return (p.a)
+ 5.54% + 15.01% + 6.78% + 41.72% + 1.87% + 1.87% + 4.74% + 7.46% + 0.60% + 0.60% + 5.46% + 5.72% + 3.75% + 3.75% + 0.28% + 0.28%
ETM Rank
#15 of 19
Show all funds
Gilt Funds Returns Calculator
See what your investment would have yielded in
Invested ₹ 6 Lakh
Profit ₹ 3.33 Lakh
₹ 9.33 Lakh
This fund has generated an XIRR of 7.46% over the past 5 Years
Genius Stable Portfolio strategies would have potentially delivered up to 8.36% returns! Know More 
SIP Calculator
Mutual Fund Calculator
Lumpsum CalculatorHow 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 2023?
These are top 5 Gilt funds you can invest in 2023
| Fund Name | Fund Category | ETM Rank | Consistency | 5 Year Return (Annualized) |
|---|---|---|---|---|
| ICICI Prudential Gilt Fund | Debt | # 1 of 17 | 8.51 % p.a. | |
| SBI Magnum Gilt Fund | Debt | # 2 of 17 | 8.69 % p.a. | |
| DSP Government Securities Fund | Debt | # 5 of 17 | 8.87 % p.a. | |
| Kotak Gilt Investment Fund | Debt | # 4 of 17 | 8.54 % p.a. | |
| Edelweiss Government Securities Fund | Debt | # 2 of 17 | 8.44 % p.a. |
How long should I stay invested in Gilt Mutual Funds?
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.
Where do Gilt Mutual Funds invest?
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.
Are Gilt Mutual Funds high risk?
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.
What kind of returns can i earn from Gilt ?
Gilt Funds have on an average delivered 7.05% p.a. returns in the last 1 year. Their 3 and 5 year annualized returns are 4.54% and 7.86%. p.a.
