Gilt Medium and Long Term tops in May

In contrast to their equity counterparts, all the debt mutual funds landed in the positive terrain in the month of May. The best-performing category was Gilt Medium and Long-Term during this period. The second best performing category was Debt Medium Term which had topped the table last month. Meanwhile, Debt Ultra Short Term continued to be the worst-performing category in the month of May, as it had been in April and March.