Gilt fund with 10-year constant duration

Tue, 19 May 2026 00:00:00 +0000

A Gilt fund with 10-year constant duration is a SEBI-defined debt mutual fund category that invests in Government of India securities while maintaining a portfolio Macaulay duration close to 10 years on an ongoing basis. Unlike general gilt funds , which can hold G-Secs across the maturity spectrum at the manager’s discretion, the constant-duration variant has a structural duration target making it a more pure-play interest-rate-sensitivity vehicle.

For Indian investors who want predictable long-duration interest-rate exposure (e.g., for ALM matching, retirement-corpus construction, or thematic bets on falling rates), this category provides pure G-Sec credit quality (sovereign), predictable 10-year duration profile, and high interest-rate sensitivity.

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Gilt fund with 10-year constant duration