Gilt Fund
Fund Type
Open Ended
Investment Plan
Dividend Reinvestment
Expense Ratio
1%
Asset Size
1473.51 Cr.
(As of 15 Sep, 2023)
Benchmark
NIFTY All Duration G-Sec TR INR
Riskometer
Investors understand that their principal will be at Moderate Risk.
An Open - ended government securities scheme with the objective to generate income and capital appreciation through investments exclusively in Government Securities.
Fund manager
Bhupesh Bameta
Exit load
N / A
Minimum sip
₹0
Minimum investment
₹1000
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
7.26% Govt Stock 2033
19.84%
7.1% Govt Stock 2029
15.04%
07.06 Goi 2028
9.19%
7.38% Govt Stock 2027
8.48%
Gilt Funds invest in various government bonds and securities, which makes them extremely less risky than all the other investment vehicles. These are ideal for risk-averse newbies as well as small investors because the money invested is in the safe hands of the government. The returns here is based on therepo rate fixed by the RBI, and are usually reasonable and consistent. While there’s not much volatility here, it will be wrong to term it as completely risk-free as the interest rate changes by the government can negatively impact your returns.
This fund is rated 3 stars by Morning Star Ratings.
Aditya Birla Sun Life AMC Limited (formerly known as Birla Sun Life Asset Management Company Limited), the investment manager of Aditya Birla Sun Life Mutual Fund (formerly known as Birla Sun Life Mutual Fund), is a joint venture between the Aditya Birla Group and the Sun Life Financial Inc. of Canada.
The joint venture brings together the Aditya Birla Group's experience in the Indian market and Sun Life's global experience. Aditya Birla Sun Life Mutual Fund (ABSLMF) was established in 1994 and is co-sponsored by Aditya Birla Capital Limited (ABCL) and Sun Life (India) AMC Investments Inc. The Aditya Birla Sun Life Mutual Fund is one of the leading Fund Houses in India based on domestic average AUM as published by the Association of Mutual Funds of India (AMFI). The Aditya Birla Mutual Fund has total domestic assets under management (AUM) of close to Rs. 2423 billion (Quarter ended December 31st, 2018). The fund house has an extraordinary mix of reach, a wide range of product offerings across equity, debt, balanced as well as structured asset classes and sound investment performance, with around 6.8 million investor folios (as of December 31st, 2018).