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Credit risk lagbhag zero, duration risk poora
Published by The Retail Trader · JUL 29, 2026 · Mutual Funds & AMC
Gilt fund sirf government securities mein invest karta hai. Iska matlab credit risk lagbhag khatam ho jaata hai — aur log isi wajah se maan lete hain ki wo safe hai.
Government default nahi karti, isliye credit risk ki chinta nahi. Par gilt funds aksar lambi duration rakhte hain, aur duration risk poora bacha rehta hai.
Isliye rate badhne wale daur mein gilt fund ki NAV kaafi gir sakti hai, chahe uska har paper safe ho.
Gilt fund ek specific view ka product hai:
• Wo tab acha karta hai jab rates girne ki ummeed ho.
• Uska horizon lamba hona chahiye — chhote horizon mein wo galat waqt par gir sakta hai.
• Wo emergency fund ke liye bilkul theek nahi hai.
• Uska return sthir nahi hota, chahe uska credit quality sabse ooncha ho.
"Government backed" ka matlab hai default nahi hoga, iska matlab ye nahi ki value nahi girega. Ye do bilkul alag baatein hain, aur inhe ek samajh lena debt investing ki sabse aam galti hai.
Ye article sirf educational hai — koi buy ya sell recommendation nahi, koi guaranteed return ka daawa nahi, aur koi advisory nahi. Rules, rates aur mechanics exchange, SEBI aur RBI time-time par badalte hain, isliye har number apne broker ya official source par khud verify karo.