Should I continue my investment in Gilt Funds

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Please note that investing in mutual funds should be based on your risk taking ability and investment horizon. We do not know why you have invested in Gilt Funds but what we can say is that investing in Gilt Funds can be volatile sometime based on RBI's monetary policy announcement and so on so forth.

If you are a retail investor and do not want to take any kind of risk but want better than fixed deposit returns, you may invest in income funds provided you have an investment horizon of 2-3 years.

On the other hand if you can take moderate risk then investing in balanced funds or large cap funds make sense. Similarly for high risk takers investing in diversified equity funds and mid cap funds makes sense.

Therefore, first assess your risk profile and see the suitable fund categories from here https://www.advisorkhoj.com/tools-and-calculators/asset-allocation

With regards to your current Gilt Fund investment, you may switch it to an income fund of Franklin Templeton Mutual Fund.

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