Why Having Gilt Mutual Funds with a Fixed Period Important for Your Portfolio?
Uncertainty is a factor that constantly dictates its presence in the field of investments. In this space, Gilt mutual funds bring stability and predictability to the investment. Along with that, Gilt funds also provide modest returns on investments. In this blog, we will explain why it is important to have Gilt mutual Funds with a fixed time period in your portfolio.
What are Gilt Mutual Funds?
Fixed maturity plans (FMPs) or fixed period gilt mutual funds are a category of debt funds that invest mainly in government securities and corporate bonds of companies that have a specific time of maturity.
While there are debt funds that do not have any specific maturity time, gilt mutual funds with fixed maturity periods allow investors to get a certain amount of returns at a particular t...