K-Gilt, the first Indian government bond fund seeks steady returns. The fund invests a minimum 30 percent in short-term government bonds and the rest in bonds of over 1-year maturity. With its astute management, the fund has consistently delivered above average returns, posting a handsome 16.66 per cent total return since launch.
K-Gilt Investment Plan has also been a front runner through 2001, up 26.86 percent. Long and medium-term gilt fund was the most rewarding fund category in 2001, benefiting from the softening rates and the three rate cuts. But K Gilt Investment has done a lot right in 2001.
It kept the fund
