Fund Name: Sundaram Gilt (G)
CRISIL Rank: NA
Category: Gilt – long term
Expense Ratio: 0.54%
Risk Level: Low
Benchmark: I-SEC Mi-BEX
Objective: The Fund seeks to generate regular income through dedicated investments in gilts consistent with preservation of capital.
Sundaram Gilt fund (G) has made its inception in the year 2001. Since inception, it has produced annualized returns of 6%. It has managed to beat the benchmark index as well as category average consistently in the 1, 3 and 5 year returns.
The fund invests 64% of assets into sovereign securities and holds the rest as cash. The fund is perfect for those looking for investment in debt funds which invest in securities of long term nature.