Why Gilt funds are gaining ground: What debt investors need to know about new Groww Gilt Fund
Gilt funds, which are mutual funds investing in fixed-interest generating securities issued by the central and state governments, have garnered attention among aggressive debt investors. These funds direct investments towards government-funded infrastructure projects and other safe expenditures. Notably, Groww Mutual Fund has recently launched the Groww Gilt Fund, aiming to provide investors with a government-backed investment option that is particularly suitable for portfolio diversification.