How to Invest in Bandhan Floating Rate Fund Direct IDCW Periodic?

You can easily invest in Bandhan Floating Rate Fund Direct IDCW Periodic 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 Floating Rate Fund Direct IDCW Periodic 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 Floating Rate Fund Direct IDCW Periodic as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Bandhan Floating Rate Fund Direct IDCW Periodic provide?

The Bandhan Floating Rate Fund Direct IDCW Periodic has been there from 18 Feb 2021 and the average annual returns provided by this fund is 7.10% since its inception.

How much expense ratio is charged by Bandhan Floating Rate Fund Direct IDCW Periodic?

The term Expense Ratio used for Bandhan Floating Rate Fund Direct IDCW Periodic 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 Floating Rate Fund Direct IDCW Periodic is 0.35% as of 01 Dec 2023...

What is the AUM of Bandhan Floating Rate Fund Direct IDCW Periodic?

The AUM, short for Assets Under Management of Bandhan Floating Rate Fund Direct IDCW Periodic is ₹205.62Cr as of 01 Dec 2023.

How to Redeem Bandhan Floating Rate Fund Direct IDCW Periodic?

If you want to sell your Bandhan Floating Rate Fund Direct IDCW Periodic 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 Floating Rate Fund Direct IDCW Periodic?

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

What is the NAV of Bandhan Floating Rate Fund Direct IDCW Periodic?

The NAV of Bandhan Floating Rate Fund Direct IDCW Periodic is ₹11.40 as of 30 Nov 2023.

What is the PE and PB ratio of Bandhan Floating Rate Fund Direct IDCW Periodic?

The PE ratio ratio of Bandhan Floating Rate Fund Direct IDCW Periodic 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).

Bandhan Floating Rate Fund Direct IDCW Periodic - NAV, Mutual Fund Performance & Portfolio

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Bandhan Floating Rate Fund Direct IDCW Periodic
Debt
Floater
Low to Moderate Risk
1M
6M
1Y
All
 NAV: 30 Nov 2023₹11.40
Min. SIP amountNot Supported
Rating3
Fund size₹205.62Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Floater
Absolute returns
3M6M1YAll
Fund returns1.6%3.2%7.1%14.9%
Category averageNANA7.1%NA
Rank with in category101211NA
Understand terms
Holdings (13)NameSectorInstrumentAssets
State Bank of India
FinancialCD11.8%
Axis Bank Ltd.
FinancialCD11.7%
Bharti Telecom Ltd.
CommunicationDebenture9.8%
Bajaj Finance Ltd.
FinancialDebenture9.6%
Small Industries Devp. Bank of India Ltd.
FinancialCP9.5%
GOI
SovereignGOI Sec7.3%
GOI
SovereignGOI Sec7.2%
Power Finance Corporation Ltd.
FinancialDebenture7.2%
HDFC Bank Ltd.
FinancialCD7.2%
HDFC Bank Ltd.
FinancialCD4.8%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
23 Nov 2023 - Present
0.35%
22 Nov 2023 - 23 Nov 2023
0.35%
21 Nov 2023 - 22 Nov 2023
0.35%
20 Nov 2023 - 21 Nov 2023
0.35%
19 Nov 2023 - 20 Nov 2023
0.35%
18 Nov 2023 - 19 Nov 2023
0.35%
17 Nov 2023 - 18 Nov 2023
0.35%
16 Nov 2023 - 17 Nov 2023
0.35%
15 Nov 2023 - 16 Nov 2023
0.35%
14 Nov 2023 - 15 Nov 2023
0.35%
13 Nov 2023 - 14 Nov 2023
0.35%
12 Nov 2023 - 13 Nov 2023
0.35%
11 Nov 2023 - 12 Nov 2023
0.35%
10 Nov 2023 - 11 Nov 2023
0.35%
09 Nov 2023 - 10 Nov 2023
0.35%
08 Nov 2023 - 09 Nov 2023
0.35%
07 Nov 2023 - 08 Nov 2023
0.35%
06 Nov 2023 - 07 Nov 2023
0.34%
05 Nov 2023 - 06 Nov 2023
0.34%
04 Nov 2023 - 05 Nov 2023
0.34%
03 Nov 2023 - 04 Nov 2023
0.34%
02 Nov 2023 - 03 Nov 2023
0.34%
01 Nov 2023 - 02 Nov 2023
0.34%
31 Oct 2023 - 01 Nov 2023
0.34%
30 Oct 2023 - 31 Oct 2023
0.34%
29 Oct 2023 - 30 Oct 2023
0.34%
28 Oct 2023 - 29 Oct 2023
0.34%
27 Oct 2023 - 28 Oct 2023
0.34%
26 Oct 2023 - 27 Oct 2023
0.34%
25 Oct 2023 - 26 Oct 2023
0.34%
24 Oct 2023 - 25 Oct 2023
0.34%
23 Oct 2023 - 24 Oct 2023
0.34%
22 Oct 2023 - 23 Oct 2023
0.34%
21 Oct 2023 - 22 Oct 2023
0.34%
20 Oct 2023 - 21 Oct 2023
0.34%
19 Oct 2023 - 20 Oct 2023
0.34%
18 Oct 2023 - 19 Oct 2023
0.34%
17 Oct 2023 - 18 Oct 2023
0.34%
16 Oct 2023 - 17 Oct 2023
0.34%
15 Oct 2023 - 16 Oct 2023
0.34%
14 Oct 2023 - 15 Oct 2023
0.34%
13 Oct 2023 - 14 Oct 2023
0.34%
12 Oct 2023 - 13 Oct 2023
0.34%
11 Oct 2023 - 12 Oct 2023
0.34%
10 Oct 2023 - 11 Oct 2023
0.34%
09 Oct 2023 - 10 Oct 2023
0.34%
08 Oct 2023 - 09 Oct 2023
0.34%
07 Oct 2023 - 08 Oct 2023
0.34%
06 Oct 2023 - 07 Oct 2023
0.34%
05 Oct 2023 - 06 Oct 2023
0.34%
04 Oct 2023 - 05 Oct 2023
0.34%
03 Oct 2023 - 04 Oct 2023
0.34%
02 Oct 2023 - 03 Oct 2023
0.34%
01 Oct 2023 - 02 Oct 2023
0.34%
30 Sep 2023 - 01 Oct 2023
0.34%
29 Sep 2023 - 30 Sep 2023
0.34%
28 Sep 2023 - 29 Sep 2023
0.34%
27 Sep 2023 - 28 Sep 2023
0.34%
26 Sep 2023 - 27 Sep 2023
0.34%
25 Sep 2023 - 26 Sep 2023
0.34%
24 Sep 2023 - 25 Sep 2023
0.34%
23 Sep 2023 - 24 Sep 2023
0.34%
22 Sep 2023 - 23 Sep 2023
0.34%
21 Sep 2023 - 22 Sep 2023
0.34%
20 Sep 2023 - 21 Sep 2023
0.34%
19 Sep 2023 - 20 Sep 2023
0.34%
18 Sep 2023 - 19 Sep 2023
0.34%
17 Sep 2023 - 18 Sep 2023
0.34%
16 Sep 2023 - 17 Sep 2023
0.34%
15 Sep 2023 - 16 Sep 2023
0.34%
14 Sep 2023 - 15 Sep 2023
0.34%
13 Sep 2023 - 14 Sep 2023
0.34%
12 Sep 2023 - 13 Sep 2023
0.34%
11 Sep 2023 - 12 Sep 2023
0.34%
10 Sep 2023 - 11 Sep 2023
0.34%
09 Sep 2023 - 10 Sep 2023
0.34%
08 Sep 2023 - 09 Sep 2023
0.34%
07 Sep 2023 - 08 Sep 2023
0.34%
06 Sep 2023 - 07 Sep 2023
0.34%
05 Sep 2023 - 06 Sep 2023
0.34%
04 Sep 2023 - 05 Sep 2023
0.34%
03 Sep 2023 - 04 Sep 2023
0.34%
02 Sep 2023 - 03 Sep 2023
0.34%
01 Sep 2023 - 02 Sep 2023
0.34%
31 Aug 2023 - 01 Sep 2023
0.34%
31 Jul 2023 - 31 Aug 2023
0.34%
30 Jun 2023 - 31 Jul 2023
0.34%
31 May 2023 - 30 Jun 2023
0.34%
30 Apr 2023 - 31 May 2023
0.34%
31 Mar 2023 - 30 Apr 2023
0.34%
28 Feb 2023 - 31 Mar 2023
0.34%
31 Jan 2023 - 28 Feb 2023
0.34%
31 Dec 2022 - 31 Jan 2023
0.34%
31 Dec 2022 - 31 Dec 2022
0.34%
31 Dec 2022 - 31 Dec 2022
0.34%
30 Nov 2022 - 31 Dec 2022
0.34%
30 Nov 2022 - 30 Nov 2022
0.34%
30 Nov 2022 - 30 Nov 2022
0.34%
31 Oct 2022 - 30 Nov 2022
0.35%
31 Oct 2022 - 31 Oct 2022
0.35%
31 Oct 2022 - 31 Oct 2022
0.35%
31 Oct 2022 - 31 Oct 2022
0.35%
30 Sep 2022 - 31 Oct 2022
0.35%
30 Sep 2022 - 30 Sep 2022
0.35%
30 Sep 2022 - 30 Sep 2022
0.35%
31 Aug 2022 - 30 Sep 2022
0.35%
31 Aug 2022 - 31 Aug 2022
0.35%
31 Jul 2022 - 31 Aug 2022
0.31%
31 Jul 2022 - 31 Jul 2022
0.31%
30 Jun 2022 - 31 Jul 2022
0.31%
30 Jun 2022 - 30 Jun 2022
0.31%
31 May 2022 - 30 Jun 2022
0.31%
31 May 2022 - 31 May 2022
0.31%
30 Apr 2022 - 31 May 2022
0.27%
30 Apr 2022 - 30 Apr 2022
0.27%
31 Mar 2022 - 30 Apr 2022
0.28%
31 Mar 2022 - 31 Mar 2022
0.28%
28 Feb 2022 - 31 Mar 2022
0.28%
28 Feb 2022 - 28 Feb 2022
0.28%
31 Jan 2022 - 28 Feb 2022
0.28%
31 Dec 2021 - 31 Jan 2022
0.28%
30 Nov 2021 - 31 Dec 2021
0.28%
31 Oct 2021 - 30 Nov 2021
0.28%
30 Sep 2021 - 31 Oct 2021
0.27%
31 Aug 2021 - 30 Sep 2021
0.27%
31 Jul 2021 - 31 Aug 2021
0.27%
30 Jun 2021 - 31 Jul 2021
0.27%
31 May 2021 - 30 Jun 2021
0.27%
30 Apr 2021 - 31 May 2021
0.27%
31 Mar 2021 - 30 Apr 2021
0.27%
28 Feb 2021 - 31 Mar 2021
0.27%
Expense ratio, exit load and taxExpense ratio: 0.35%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab.
Understand terms
Check past data
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Fund managementSuyash Choudhary
Jul 2021 - Present
View details
Education
Mr. Choudhary is a B.A (H) Economics from Delhi University and PGDM from IIM Calcutta.
Experience
Prior to joining Bandhan Mutual Fund (formerly IDFC Mutual Fund) he has worked with HSBC Asset Management (India) Pvt. Ltd., Standard Chartered Asset Management Co. Pvt. Ltd. and Deutsche Bank.
Also manages these schemes
Bandhan Bond Fund Income Plan Direct Growth
Bandhan Bond Fund Medium Term Plan Direct Growth
Bandhan Bond Fund Short Term Plan Direct Growth
Bandhan Dynamic Bond Fund Direct Growth
Bandhan Government Securities Investment Plan Direct Growth
Bandhan Banking & PSU Debt Fund Direct Growth
Bandhan Corporate Bond Fund Direct Growth
Bandhan Floating Rate Fund Direct Growth
Sreejith Balasubramanian
May 2023 - Present
View details
Education
Mr. Balasubramanian has done B.E in Mechanical and MBA in Finance from IBS Hyderabad (ICFAI University)
Experience
Prior to joinig Bandhan Mutual Fund (formerly IDFC Mutual Fund), he was associated with Cognizant Technology Solutions Ltd. as Research Manager
Also manages these schemes
Bandhan Liquid Fund Direct Plan Growth
Bandhan Low Duration Fund Direct Growth
Bandhan Money Manager Fund Direct Growth
Bandhan Government Securities Fund Constant Maturity Direct Growth
Bandhan Bond Fund Income Plan Direct Growth
Bandhan Bond Fund Medium Term Plan Direct Growth
Bandhan Bond Fund Short Term Plan Direct Growth
Bandhan Dynamic Bond Fund Direct Growth
Bandhan Government Securities Investment Plan Direct Growth
Bandhan Banking & PSU Debt Fund Direct Growth
Bandhan Corporate Bond Fund Direct Growth
Bandhan Credit Risk Fund Direct Growth
Bandhan Ultra Short Term Fund Direct Growth
Bandhan Floating Rate Fund Direct Growth
Bandhan US Treasury Bond 0 1 year FoF Direct Growth
Fund house & investment objective
IDFC Mutual Fund
Rank (total assets)#9 in India
Total AUM₹1,22,101.48Cr
Date of Incorporation20 Dec 1999
 Bandhan Floating Rate Fund Direct IDCW Periodic is a Debt Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was made available to investors on 20 Dec 1999. Suyash Choudhary is the Current Fund Manager of Bandhan Floating Rate Fund Direct IDCW Periodic fund. The fund currently has an Asset Under Management(AUM) of ₹1,22,101 Cr and the Latest NAV as of 30 Nov 2023 is ₹11.40.
The Bandhan Floating Rate Fund Direct IDCW Periodic is rated Low to Moderate risk.
;
Investment ObjectiveThe scheme seeks to generate returns by creating a portfolio that is primarily invested in floating rate instruments, including fixed rate instrument.
;
Fund benchmarkNIFTY Low Duration Debt Index
Scheme Information Document(SID)
Fund house contact details
Address
Unit No. 27, Ground Floor,Khetan Bhavan,198, Jamshedji Tata Road,Churchgate, Mumbai 400020
Phone
022-24398777 / 24399999 / 66289999
Launch Date
20 Dec 1999
E-mail
[email protected]
Website
www.idfcmf.com
IDFC Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
Compare funds
Bandhan Floating Rate Fund Direct IDCW Periodic
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	3M	6M	1Y	All
Fund returns	1.6%	3.2%	7.1%	14.9%
Category average	NA	NA	7.1%	NA
Rank with in category	10	12	11	NA

Name	Sector	Instrument	Assets
State Bank of India	Financial	CD	11.8%
Axis Bank Ltd.	Financial	CD	11.7%
Bharti Telecom Ltd.	Communication	Debenture	9.8%
Bajaj Finance Ltd.	Financial	Debenture	9.6%
Small Industries Devp. Bank of India Ltd.	Financial	CP	9.5%
GOI	Sovereign	GOI Sec	7.3%
GOI	Sovereign	GOI Sec	7.2%
Power Finance Corporation Ltd.	Financial	Debenture	7.2%
HDFC Bank Ltd.	Financial	CD	7.2%
HDFC Bank Ltd.	Financial	CD	4.8%

Rank (total assets)	#9 in India
Total AUM	₹1,22,101.48Cr

Date of Incorporation	20 Dec 1999

Fund benchmark	NIFTY Low Duration Debt Index

Vaishnavi Tech Park, 3rd & 4th Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

Rating	3
Fund size	₹205.62Cr

Bandhan Floating Rate Fund Direct IDCW Periodic

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (13)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.35%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Suyash ChoudharyJul 2021 - PresentView details

Sreejith BalasubramanianMay 2023 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Suyash Choudhary
Jul 2021 - Present
View details

Sreejith Balasubramanian
May 2023 - Present
View details