Gilt Index funds: yield and credit quality
What every gilt index fund's bonds yield, how much rates move it, and how its money is rated, from August 2026 portfolios.
These figures are from August 2026 portfolios.
Fund houses have published newer portfolios since, which are not yet in our data, so yields, duration and ratings may have changed. Check the fund's latest factsheet before investing.
Average yield to maturity
6.13%
5.94% after costs
Average modified duration
2.24 yrs
about −2.2% if rates rise 1%
Highest yield after costs
7.54%
Bandhan CRISIL IBX 90:10 SDL Plus GILT APRIL 2032 Index Fund
Average credit quality
97%
Sovereign or AAA
Direct plan, Growth option. Yield and ratings are the portfolio's; the plan changes only the expense ratio.
| Fund | Credit qualityshare of the fund | ||||||
|---|---|---|---|---|---|---|---|
| Category average | 6.13% | 5.94% | 2.24 yrs | 2.87 yrs | 0.0% | ||
| 7.63% | 7.54% | 4.24 yrs | 5.27 yrs | 0.0% | ₹382 Cr | ||
| 7.55% | 7.37% | 6.78 yrs | 10.03 yrs | 0.0% | ₹882 Cr | ||
| 7.34% | 7.14% | 6.64 yrs | 9.61 yrs | 0.0% | ₹839 Cr | ||
| 7.19% | 7.05% | 4.80 yrs | 6.10 yrs | 0.0% | ₹21.31 Cr | ||
| 7.19% | 7.01% | 4.71 yrs | 5.94 yrs | 0.0% | ₹206 Cr | ||
| 7.14% | 6.99% | 4.41 yrs | 5.46 yrs | 0.0% | ₹50.82 Cr | ||
| 7.18% | 6.99% | 4.67 yrs | 5.85 yrs | 0.0% | ₹614 Cr | ||
| 7.13% | 6.98% | 4.78 yrs | 5.49 yrs | 0.0% | ₹269 Cr | ||
| 7.05% | 6.85% | 6.65 yrs | 9.50 yrs | 0.0% | ₹689 Cr | ||
| 7.00% | 6.84% | 3.95 yrs | 4.71 yrs | 0.0% | ₹623 Cr | ||
| 7.04% | 6.84% | 4.14 yrs | 5.03 yrs | 0.0% | ₹408 Cr | ||
| 6.92% | 6.80% | 6.70 yrs | 9.30 yrs | 0.0% | ₹30.82 Cr | ||
| 6.99% | 6.79% | 3.29 yrs | 4.02 yrs | 0.0% | ₹803 Cr | ||
| 7.06% | 6.78% | 6.63 yrs | 9.56 yrs | 0.0% | ₹2,638 Cr | ||
| 6.90% | 6.70% | 2.22 yrs | 2.53 yrs | 0.0% | ₹320 Cr | ||
| 6.85% | 6.65% | 2.43 yrs | 2.82 yrs | 0.0% | ₹143 Cr | ||
| 6.82% | 6.63% | 1.35 yrs | 1.49 yrs | 0.0% | ₹337 Cr | ||
| 6.79% | 6.60% | 0.00 yrs | 2.86 yrs | 0.0% | ₹131 Cr | ||
| 6.77% | 6.57% | 4.91 yrs | 6.24 yrs | 0.0% | ₹25.60 Cr | ||
| 6.73% | 6.52% | 2.18 yrs | 2.48 yrs | 0.0% | ₹153 Cr | ||
| 6.67% | 6.47% | 1.31 yrs | 1.44 yrs | 0.0% | ₹104 Cr | ||
| 6.62% | 6.42% | 1.36 yrs | 1.49 yrs | 0.0% | ₹333 Cr | ||
| 6.44% | 6.35% | 0.79 yrs | 0.83 yrs | 0.0% | ₹144 Cr | ||
| 6.47% | 6.27% | 1.34 yrs | 1.47 yrs | 0.0% | ₹402 Cr | ||
| 6.42% | 6.21% | 2.29 yrs | 2.61 yrs | 0.0% | ₹1,990 Cr | ||
| 6.42% | 6.20% | 2.28 yrs | 2.57 yrs | 0.0% | ₹602 Cr | ||
| 6.37% | 6.18% | 1.35 yrs | 1.47 yrs | 0.0% | ₹1,748 Cr | ||
| 6.31% | 6.16% | 0.73 yrs | 0.77 yrs | 0.0% | ₹36.26 Cr | ||
| 6.29% | 6.13% | 1.30 yrs | 0.00 yrs | 0.0% | ₹1,642 Cr | ||
| 6.34% | 6.12% | 0.00 yrs | 2.27 yrs | 0.0% | ₹16.35 Cr | ||
| 6.28% | 6.08% | 1.10 yrs | 1.18 yrs | 0.0% | ₹3,367 Cr | ||
| 6.20% | 6.05% | 0.63 yrs | 0.67 yrs | 0.0% | ₹81.19 Cr | ||
| 6.24% | 6.04% | 1.73 yrs | 1.93 yrs | 0.0% | ₹126 Cr | ||
| 6.22% | 6.02% | 0.66 yrs | 0.70 yrs | 0.0% | ₹568 Cr | ||
| 6.17% | 5.97% | 0.60 yrs | 0.63 yrs | 0.0% | ₹5,182 Cr | ||
| 6.16% | 5.95% | 0.55 yrs | 0.58 yrs | 0.0% | ₹48.81 Cr | ||
| 6.11% | 5.91% | 0.55 yrs | 0.58 yrs | 0.0% | ₹94.12 Cr | ||
| 6.00% | 5.84% | 0.83 yrs | 0.00 yrs | 0.0% | ₹86.49 Cr | ||
| 5.86% | 5.66% | 0.77 yrs | 0.82 yrs | 0.0% | ₹353 Cr | ||
| 5.76% | 5.61% | 0.72 yrs | 0.75 yrs | 0.0% | ₹181 Cr | ||
| 5.83% | 5.52% | 0.73 yrs | 0.77 yrs | 0.0% | ₹12.75 Cr | ||
| 6.02% | 5.50% | 1.17 yrs | 1.26 yrs | 0.0% | ₹21.01 Cr | ||
| 5.94% | 5.48% | 1.12 yrs | 1.20 yrs | 0.0% | ₹20.57 Cr | ||
| 5.46% | 5.37% | 0.10 yrs | 0.10 yrs | 0.0% | ₹89.99 Cr | ||
| 5.30% | 5.14% | 0.00 yrs | 0.14 yrs | 0.0% | ₹71.39 Cr | ||
| 5.32% | 5.12% | 0.12 yrs | 0.13 yrs | 0.0% | ₹920 Cr | ||
| 0.00% | 0.00% | 0.00 yrs | 0.00 yrs | N/A | N/A | ₹0 | |
| 0.00% | -0.20% | 0.00 yrs | 0.00 yrs | 0.0% | ₹19.62 Cr | ||
| 0.00% | -0.21% | 0.00 yrs | 0.00 yrs | 0.0% | ₹39.20 Cr |
49 funds. Red in Below AAA: 10% or more rated A or lower, or unrated. Hover a credit bar for the split. Click a heading to sort.
What is the yield to maturity of a gilt index fund?
The yearly return the fund's bonds would earn if each were held to maturity at today's prices and paid in full. Take away the expense ratio for a rough guide to what an investor keeps if interest rates stay where they are. It is not a promised return: rates change, and so do the bonds the fund holds.
What does modified duration tell me?
How much the NAV moves when interest rates move. A fund with a modified duration of 4 years would fall about 4% if rates rose by 1%, and gain about 4% if they fell by 1%. Overnight and liquid funds sit near zero; gilt and long duration funds can be 7 to 10.
How is credit quality grouped?
From the ratings in each fund's latest portfolio: Sovereign (government securities and T-bills), AAA and A1+ (the highest long and short-term ratings), AA (including short-term A1), A and below, and unrated. What the ratings do not cover, such as cash and REITs, is shown as Cash and other.
How current are these figures?
They come from each fund's portfolio disclosure as received from our data provider, and the page names the month. Yield, duration and ratings only change when a fund house publishes a new portfolio, so they are not daily figures. When a newer disclosure should already be out and is not yet in our data, the page says so.
Is a higher yield better?
A higher yield is usually paid for with lower-rated bonds or longer duration. Read it beside the Below AAA share and the duration: two funds with the same yield can carry very different risks.
Portfolio figures from our data provider, PulseLabs, as disclosed by each fund house. Yield to maturity is not a guaranteed return. Past performance does not indicate future returns.