What are Gilt funds?
Friday, June 2, 2017, 10:59 AM
Gilt funds are debt mutual fund schemes that invest in government issued bonds and securities of varying maturities. The various types of gilt funds include long-term gilt funds and short-term gilt funds. Long-term gilts funds invests in long-dated government bonds with maturities, typically greater than 5 years up to even 30 years, while short-term gilt funds invest in short-term government bonds.