Benefits of gilt funds, factors to consider, and taxation
If you are a conservative investor who is looking for modest returns, then gilt funds are regarded as a dependable investment option. These funds invest in fixed-interest securities issued by the Central or State Governments. The Securities and Exchange Board of India (SEBI) has mandated that gilt funds invest at least 80% of their pooled money in government securities. The remaining 20% can be invested in other bonds. Since these