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Best gilt mutual funds to invest in 2024

Gilt funds are debt mutual funds that invest in government-securities or G-secs. As per Sebi norms, these schemes must invest 80% of their corpus in government securities. As you see, these schemes invest in government papers or they lend to the government. Therefore, they dont have any credit risk or they face zero defaults. ....

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Top medium duration funds offer over 7% in 2023; Axis Strategic Bond Fund offers 7.28%

The asset under management of the medium duration fund category as on December 31, 2023 was at Rs 26,377.98 crore. The asset under management of the medium duration fund category has grown marginally by 1.02% in 2023, from Rs 26,112.39 crore in January to Rs 26,377.98 crore in December. ....

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Best medium to long duration funds to invest in 2024

Medium to long term funds have a mandate to invest in debt and money market instruments with a duration of four to seven years. These schemes are suitable for debt investors with a long horizon and willingness to take extra risk. ....

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