How to Invest in Bandhan Floater Fund Direct IDCW Monthly?

You can easily invest in Bandhan Floater Fund Direct IDCW Monthly in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Bandhan Floater Fund Direct IDCW Monthly from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Bandhan Floater Fund Direct IDCW Monthly as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Bandhan Floater Fund Direct IDCW Monthly provide?

The Bandhan Floater Fund Direct IDCW Monthly has been there from 18 Feb 2021 and the average annual returns provided by this fund is 7.57% since its inception.

How much expense ratio is charged by Bandhan Floater Fund Direct IDCW Monthly?

The term Expense Ratio used for Bandhan Floater Fund Direct IDCW Monthly or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Bandhan Floater Fund Direct IDCW Monthly is 0.12% as of 12 Feb 2026...

What is the AUM of Bandhan Floater Fund Direct IDCW Monthly?

The AUM, short for Assets Under Management of Bandhan Floater Fund Direct IDCW Monthly is ₹277.99Cr as of 12 Feb 2026.

How to Redeem Bandhan Floater Fund Direct IDCW Monthly?

If you want to sell your Bandhan Floater Fund Direct IDCW Monthly holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Bandhan Floater Fund Direct IDCW Monthly?

You can select either SIP or Lumpsum investment of Bandhan Floater Fund Direct IDCW Monthly based on your investment objective and risk tolerance.

What is the NAV of Bandhan Floater Fund Direct IDCW Monthly?

The NAV of Bandhan Floater Fund Direct IDCW Monthly is ₹10.17 as of 11 Feb 2026.

What is the PE and PB ratio of Bandhan Floater Fund Direct IDCW Monthly?

The PE ratio ratio of Bandhan Floater Fund Direct IDCW Monthly is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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Bandhan Floater Fund Direct IDCW Monthly

Name: Bandhan Floater Fund Direct IDCW Monthly
Brand: IDFC Mutual Fund

Debt

Floater

Moderate Risk

+7.85%

3Y annualised

+0.05% 1D

All

NAV: 11 Feb '26

₹10.17

Min. SIP amount

Not Supported

Fund size

₹277.99 Cr

Expense ratio

0.12%

Holdings (15)

Name	Sector	Instruments	Assets
GOI	Sovereign	GOI Sec	11.03%
GOI	Sovereign	GOI Sec	10.71%
Indian Railway Finance Corporation Ltd.	Financial	NCD	9.07%
Bajaj Finance Ltd.	Financial	Debenture	8.96%
IndiGrid Infrastructure Trust	Capital Goods	Debenture	8.93%
Bajaj Housing Finance Ltd.	Financial	NCD	7.14%
Aditya Birla Real Estate Ltd.	Consumer Staples	NCD	5.42%
National Bank For Agriculture & Rural Development	Financial	Bonds	5.42%
Aadhar Housing Finance Ltd	Financial	NCD	5.41%
Tata Projects Ltd.	Construction	Bonds/NCD	5.41%
Godrej Seeds & Genetics Ltd.	Consumer Staples	NCD	5.35%
National Bank For Agriculture & Rural Development	Financial	Bonds	3.62%
Godrej Finance Ltd.	Financial	Debenture	3.62%
Muthoot Finance Ltd.	Financial	NCD	1.82%
Godrej Properties Ltd.	Construction	Debenture	1.81%

See All

Minimum investments

Min. for 1st investment

Not Supported

Min. for 2nd investment

Not Supported

Min. for SIP

Not Supported

Returns and rankings

Annualised returns

Absolute returns

Name	6M	1Y	3Y	All
Fund returns	+2.7%	+7.6%	+7.8%	+6.4%
Category average (Debt Floater)	+2.8%	+7.7%	+7.7%	--
Rank (Debt Floater)	--	7	8	--

Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

Returns are taxed as per your Income Tax slab.

Check past data

Compare similar funds

	Name	1Y	3Y	Fund Size(Cr)
	Kotak Floating Rate Fund Direct IDCW	+8.25%	+8.29%	3,390.53
Compare

Fund management

BS
Brijesh Shah
Mar 2024 - Present
View details

Education

Mr. Shah is a Post Graduate Diploma in Finance.

Experience

Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund) he has worked with IDBI Mutual Fund, IndiaBulls Mutual Fund, Mata Securities & Twenty First Century.

Also manages these schemes

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Bandhan Aggressive Hybrid Fund Direct Growth

Bandhan Medium Duration Fund Direct Growth

Bandhan Arbitrage Fund Direct Growth

Bandhan Equity Savings Fund Direct Growth

Bandhan Floater Fund Direct Growth

Bandhan Gilt Fund Direct Growth

Bandhan CRISIL IBX Financial Services 3 6 Months Debt Index Fund Direct Growth

Bandhan Multi Asset Allocation Fund Direct Growth

Bandhan Medium to Long Duration Fund Direct Growth

Bandhan Overnight Fund Direct Growth

Bandhan CRISIL IBX 10:90 Gilt + SDL Index Dec 2029 Fund Direct Growth

Bandhan Gilt Fund with 10 year Constant Duration Fund Direct Growth

Bandhan Money Market Fund Direct Growth

Bandhan Healthcare Fund Direct Growth

Bandhan US Treasury Bond 0 1 year Specific Debt Passive FoF Direct Growth

Bandhan Conservative Hybrid Fund Direct Plan Growth

Bandhan Low Duration Fund Direct Growth

Bandhan Multi Factor Fund Direct Growth

Bandhan Liquid Fund Direct Plan Growth

Bandhan Long Duration Fund Direct Growth

Bandhan Credit Risk Fund Direct Growth

Bandhan Balanced Advantage Fund Direct Growth

Bandhan Innovation Fund Direct Growth

DL
Debraj Lahiri
Mar 2024 - Present
View details

Education

Mr. Lahiri has done B.Tech and MBA

Experience

Prior to joining Bandhan Mutual Fund, he has worked with ICICI Prudential AMC Ltd, Invesco Asset Management (India) Pvt. Ltd, CARE Ratings and Bank of Baroda

Also manages these schemes

Bandhan Floater Fund Direct Growth

Bandhan Credit Risk Fund Direct Growth

About Bandhan Floater Fund Direct IDCW Monthly

Bandhan Floater Fund Direct IDCW Monthly is a Debt Mutual Fund Scheme launched by Bandhan Mutual Fund. This scheme was made available to investors on 20 Dec 1999. Brijesh Shah is the Current Fund Manager of Bandhan Floater Fund Direct IDCW Monthly fund. The fund currently has an Asset Under Management(AUM) of ₹1,94,296 Cr and the Latest NAV as of 11 Feb 2026 is ₹10.17. The Bandhan Floater Fund Direct IDCW Monthly is rated Moderate risk. ;

Investment Objective

The scheme seeks to generate returns by creating a portfolio that is primarily invested in floating rate instruments, including fixed rate instrument.

Fund benchmarkNIFTY Medium Duration Debt Index A-III

Scheme Information Document(SID)