Gilt funds–mutual fund schemes that invest in government securities or g-secs—logged net inflows in April for the first time since December 2020. Market participants say that the ‘accommodative stance’ adopted by the Reserve Bank of India (RBI) was the key trigger at attracting the investors in the category.
The data from Association of Mutual Funds in India (AMFI) shows that gilt funds received net inflows of Rs 1,647 crore in April.
