Axis Mutual Fund, one of the largest fund houses in India, debuts New Fund Offer – Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund. It is an open-ended target maturity index fund that invests in CRISIL IBX 50:50 Gilt Plus SDL Index constituents with a 30th September 2027 maturity date and has a relatively high-interest rate risk …
The returns on some debt funds have been in negative territory in the past couple of months. In the same period, dynamic gilt fund returns are -1.70%, and gilt schemes with 10-year constant duration fell -2.12%, according to data from Value Research. Their prices rose, long duration and gilt funds had double-digit returns. Due to this, bond yields started firming …
Debt mutual fund investors cheer as their schemes' NAVs rose by upto 2% in a single day on September 1. Debt mutual funds saw a spike in their one day NAV as the yield on the government 10-year bonds fell over 17 basis points on Tuesday. Dynamic bond funds, gilt funds and long term bond funds benefited the most due …
