As far as Gilt Fund is concerned it’s a government security fund. Government security can be between 10 and 30 years. A government security is a much secured but as far as Gilt Fund is concerned, it is prone to lot of volatility. So, Gilt Fund is a good fund to invest in. It can give anything between 7-7.5 percent kind of return over the long –term. It doesn’t look like much as compared to what FDs are giving you but you should also consider that this is also going to be subjected to long-term capital gain after 12 months.
So, if you were to look at that, a 7 percent plus kind of return over the long-term is a good return on investment over the long period of time. So Gilt Fund can be part of your overall portfolio as far as debt investments are concerned.