Gilt Mutual Funds – Debt mutual funds are considered as safe investment option. Gilt Funds are type of debt fund that makes investment in government securities. Recently one of my friend asked question about Gilt Mutual Funds. He asked me that he is looking for safe investment option. Should he opt for Gilt Funds? So, here is answer. Gilt funds are safe in nature and suitable for low risk conservative investors. These funds have zero default risk. However, these funds have higher interest rate risk. Interest rate movements affects these funds. Here is complete information about Gilt Mutual Funds including