In the past one month, the yield on the on the 10-year benchmark government security has fallen from 7.49 per cent to 7.28 per cent. The price has increased from Rs 100.69 to Rs 102.09. This has helped returns of gilt funds, which invest in government securities and a preferred by risk-adverse investors
According to data from Value Research, one-year returns from long- and medium-term gilt are 11.10 per cent and three-year returns are 9.57 per cent. They are the best performing category in debt funds now.
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