Gilt mutual fund category has offered 7.66 per cent returns in the last one year. In fact, some gilt schemes are offering more than 10 per cent in the last year. It is only below technology mutual fund category in the performance chart in the last year. The category is attracting a lot of attention from investors suddenly as talk about a possible rate cut by the Reserve Bank of India gathers momentum. A low interest rate regime is considered ideal time to invest in gilt schemes, as these schemes as these schemes benefit the most if there is a rate cut. Is it time for you to invest in gilt mutual fund schemes?