FD – RD interest rates are currently very low. In this case, if you want to get a good return but just as safe investment, we suggest you read Gilt Mutual Funds in detail.
Mutual Funds: Most investors in India want to invest where their investment is safe, so fixed deposits, recurring deposits are the most popular of these options. The most special thing here is that investors’ money stays safe. But the downside is that the returns on these options are very low now. Interest rates have declined over the past few years. So Gilt Mutual Fund is an option for investors. Where investors’ money is invested in government bonds or government bonds.
The gilt fund is invested in government bonds that mature in different periods or government bonds with a maturity of 10 years. This makes it relatively safe compared to other debt fund schemes. Investing in government securities eliminates the fear of default.
Good return funds
The IDFC Govt Securities Constant Fund has returned 12 per cent in the last 3 years and 10 per cent in the last 5 years.
The ICICI Pru Constant Maturity Gilt Fund has also returned 12 per cent in the last 3 years and up to 10 per cent in 5 years.
Nippon India Gilt Securities Fund has returned 11 per cent in the last 3 years and 9.5 per cent in the last 5 years.
The SBI Magnum Gilt Fund has returned 11 per cent in the last 3 years and 9.5 per cent in 5 years.
The SBI Magnum Constant Maturity Fund has returned 11 per cent in the last 3 years and about 10 per cent in the last 5 years.