How to Invest in Bandhan Floating Rate Fund Direct Growth?

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

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

The Bandhan Floating Rate Fund Direct Growth has been there from 18 Feb 2021 and the average annual returns provided by this fund is 7.13% since its inception.

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

The term Expense Ratio used for Bandhan Floating Rate Fund Direct Growth 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 Growth is 0.34% as of 24 Sep 2023...

What is the AUM of Bandhan Floating Rate Fund Direct Growth?

The AUM, short for Assets Under Management of Bandhan Floating Rate Fund Direct Growth is ₹204.55Cr as of 24 Sep 2023.

How to Redeem Bandhan Floating Rate Fund Direct Growth?

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

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

What is the NAV of Bandhan Floating Rate Fund Direct Growth?

The NAV of Bandhan Floating Rate Fund Direct Growth is ₹11.37 as of 22 Sep 2023.

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

The PE ratio ratio of Bandhan Floating Rate Fund Direct Growth 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 Growth - NAV, Mutual Fund Performance & Portfolio

Bandhan Floating Rate Fund Direct Growth
Debt
Floater
Low to Moderate Risk
1M
6M
1Y
All
 NAV: 22 Sep 2023₹11.37
Min. SIP amount₹100
Rating3
Fund size₹204.55Cr
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 returns1.7%3.8%6.6%12.8%
Category averageNANA7.3%NA
Rank with in category131212NA
Understand terms
Holdings (13)NameSectorInstrumentAssets
National Bank For Agriculture & Rural Development
FinancialCP11.7%
Axis Bank Ltd.
FinancialCD11.6%
Bharti Telecom Ltd.
CommunicationDebenture9.8%
Bajaj Finance Ltd.
FinancialDebenture9.6%
Small Industries Devp. Bank of India Ltd.
FinancialCP9.4%
GOI
SovereignGOI Sec8.0%
Power Finance Corporation Ltd.
FinancialDebenture7.3%
HDFC Bank Ltd.
FinancialCD7.2%
HDFC Bank Ltd.
FinancialCD7.1%
GOI
SovereignGOI Sec5.4%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Debt Floater
Pros
Cons
Exit load is zero
1Y annualised returns lower than category average by 0.19%
Lower expense ratio: 0.34%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
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
31 Aug 2023 - Present
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%
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: 0.34%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 investment₹1,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹100
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 Government Securities Investment Regular IDCW Quarterly
Bandhan Government Securities Investment Regular IDCW Half Yearly
Bandhan Government Securities Investment Regular IDCW Yearly
Bandhan Dynamic Bond Fund Regular IDCW Quarterly
Bandhan Dynamic Bond Fund Regular IDCW Yearly
Bandhan Bond Fund Short Term Plan Regular IDCW Fortnightly
Bandhan Bond Fund Medium Term Plan Regular IDCW Monthly
Bandhan Bond Fund Medium Term Plan Regular Growth
Bandhan Bond Fund Medium Term Plan Regular IDCW Fornightly
Bandhan Bond Fund Medium Term Plan Regular IDCW Bimonthly
Bandhan Bond Fund Medium Term Plan Regular IDCW Daily
Bandhan Bond Fund Income Plan Regular IDCW Half Yearly
Bandhan Bond Fund Income Plan Regular IDCW Quarterly
Bandhan Bond Fund Income Plan Regular Growth
Bandhan Bond Fund Income Plan Regular IDCW Yearly
Bandhan Bond Fund Short Term Plan Regular IDCW Monthly
Bandhan Bond Fund Short Term Plan Regular Growth
Bandhan Dynamic Bond Fund Regular IDCW
Bandhan Dynamic Bond Fund Regular Growth
Bandhan Government Securities Investment Regular Growth
Bandhan Government Securities Investment Regular IDCW
Bandhan Bond Fund Medium Term Plan Regular IDCW Quarterly
Bandhan Bond Fund Income Plan Direct IDCW Yearly
Bandhan Bond Fund Income Plan Direct Growth
Bandhan Bond Fund Income Plan Direct IDCW Half Yearly
Bandhan Bond Fund Income Plan Direct IDCW Quarterly
Bandhan Bond Fund Medium Term Plan Direct IDCW Bimonthly
Bandhan Bond Fund Medium Term Plan Direct IDCW Daily
Bandhan Bond Fund Medium Term Plan Direct Growth
Bandhan Bond Fund Medium Term Plan Direct IDCW Monthly
Bandhan Bond Fund Medium Term Plan Direct IDCW Quarterly
Bandhan Bond Fund Medium Term Plan Direct IDCW Fortnightly
Bandhan Bond Fund Short Term Plan Direct IDCW Fortnightly
Bandhan Bond Fund Short Term Plan Direct IDCW Monthly
Bandhan Bond Fund Short Term Plan Direct Growth
Bandhan Dynamic Bond Fund Direct IDCW Yearly
Bandhan Dynamic Bond Fund Direct Growth
Bandhan Dynamic Bond Fund Direct IDCW
Bandhan Dynamic Bond Fund Direct IDCW Quarterly
Bandhan Government Securities Investment Plan Direct IDCW
Bandhan Government Securities Investment Plan Direct Growth
Bandhan Government Securities Investment Plan Direct IDCW Half Yearly
Bandhan Government Securities Investment Plan Direct IDCW Quarterly
Bandhan Government Securities Investment Plan Direct IDCW Yearly
Bandhan Banking & PSU Debt Fund Direct Growth
Bandhan Banking & PSU Debt Fund Regular Growth
Bandhan Banking & PSU Debt Fund Direct IDCW
Bandhan Banking & PSU Debt Fund Regular IDCW
Bandhan Banking & PSU Debt Fund Regular IDCW Fortnightly
Bandhan Banking & PSU Debt Fund Regular IDCW Monthly
Bandhan Banking & PSU Debt Fund Regular IDCW Yearly
Bandhan Banking & PSU Debt Fund Direct IDCW Fortnightly
Bandhan Banking & PSU Debt Fund Direct IDCW Monthly
Bandhan Banking & PSU Debt Fund Direct IDCW Yearly
Bandhan Banking & PSU Debt Fund Regular IDCW Quarterly
Bandhan Banking & PSU Debt Fund Direct IDCW Quarterly
Bandhan Dynamic Bond Fund Direct IDCW Half Yearly
Bandhan Dynamic Bond Fund Regular IDCW Half Yearly
Bandhan Banking & PSU Debt Fund Regular IDCW Daily
Bandhan Banking & PSU Debt Fund Direct IDCW Daily
Bandhan Bond Fund Short Term Plan Direct IDCW Periodic
Bandhan Bond Fund Short Term Plan Regular IDCW Periodic
Bandhan Bond Fund Medium Term Plan Direct IDCW Periodic
Bandhan Bond Fund Medium Term Plan Regular IDCW Periodic
Bandhan Bond Fund Income Plan Direct IDCW Periodic
Bandhan Bond Fund Income Plan Regular IDCW Periodic
Bandhan Government Securities Investment Plan Direct IDCW Periodic
Bandhan Government Securities Investment Regular IDCW Periodic
Bandhan Dynamic Bond Fund Direct IDCW Periodic
Bandhan Dynamic Bond Fund Regular IDCW Periodic
Bandhan Corporate Bond Fund Regular Growth
Bandhan Corporate Bond Fund Regular IDCW
Bandhan Corporate Bond Fund Direct Growth
Bandhan Corporate Bond Fund Direct IDCW
Bandhan Corporate Bond Fund Direct IDCW Monthly
Bandhan Corporate Bond Fund Direct IDCW Quarterly
Bandhan Corporate Bond Fund Direct IDCW Half Yearly
Bandhan Corporate Bond Fund Direct IDCW Yearly
Bandhan Corporate Bond Fund Regular IDCW Monthly
Bandhan Corporate Bond Fund Regular IDCW Half Yearly
Bandhan Corporate Bond Fund Regular IDCW Yearly
Bandhan Corporate Bond Fund Regular IDCW Quarterly
Bandhan Bond Fund Short Term Plan Regular IDCW Quarterly
Bandhan Bond Fund Short Term Plan Direct IDCW Quarterly
Bandhan Bond Fund Short Term Plan Regular IDCW Yearly
Bandhan Bond Fund Short Term Plan Direct IDCW Yearly
Bandhan Floating Rate Fund Regular Growth
Bandhan Floating Rate Fund Regular IDCW Quarterly
Bandhan Floating Rate Fund Regular IDCW Monthly
Bandhan Floating Rate Fund Regular IDCW Weekly
Bandhan Floating Rate Fund Regular IDCW Periodic
Bandhan Floating Rate Fund Regular IDCW Daily
Bandhan Floating Rate Fund Direct Growth
Bandhan Floating Rate Fund Direct IDCW Quarterly
Bandhan Floating Rate Fund Direct IDCW Monthly
Bandhan Floating Rate Fund Direct IDCW Daily
Bandhan Floating Rate Fund Direct IDCW Periodic
Bandhan Floating Rate Fund Direct IDCW Weekly
Bandhan Floating Rate Fund Direct IDCW Yearly
Bandhan Floating Rate Fund Regular IDCW Yearly
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 Government Securities Investment Regular IDCW Quarterly
Bandhan Government Securities Investment Regular IDCW Half Yearly
Bandhan Government Securities Investment Regular IDCW Yearly
Bandhan Dynamic Bond Fund Regular IDCW Quarterly
Bandhan Low Duration Fund Regular Growth
Bandhan Low Duration Fund Regular IDCW Daily
Bandhan Low Duration Fund Regular IDCW Weekly
Bandhan Low Duration Fund Regular IDCW Monthly
Bandhan Government Securities Fund Constant Maturity Regular IDCW Monthly
Bandhan Government Securities Fund Constant Maturity Regular IDCW Quarterly
Bandhan Money Manager Fund Regular IDCW Daily
Bandhan Dynamic Bond Fund Regular IDCW Yearly
Bandhan Liquid Fund Regular Growth
Bandhan Liquid Fund Regular IDCW Weekly
Bandhan Liquid Fund Regular IDCW Daily
Bandhan Liquid Fund Regular IDCW Monthly
Bandhan Money Manager Fund Regular IDCW Weekly
Bandhan Bond Fund Short Term Plan Regular IDCW Fortnightly
Bandhan Bond Fund Medium Term Plan Regular IDCW Monthly
Bandhan Bond Fund Medium Term Plan Regular Growth
Bandhan Bond Fund Medium Term Plan Regular IDCW Fornightly
Bandhan Bond Fund Medium Term Plan Regular IDCW Bimonthly
Bandhan Bond Fund Medium Term Plan Regular IDCW Daily
Bandhan Government Securities Fund Constant Maturity Regular Growth
Bandhan Money Manager Fund Regular Growth
Bandhan Money Manager Fund Regular IDCW Monthly
Bandhan Bond Fund Income Plan Regular IDCW Half Yearly
Bandhan Bond Fund Income Plan Regular IDCW Quarterly
Bandhan Bond Fund Income Plan Regular Growth
Bandhan Bond Fund Income Plan Regular IDCW Yearly
Bandhan Bond Fund Short Term Plan Regular IDCW Monthly
Bandhan Bond Fund Short Term Plan Regular Growth
Bandhan Government Securities Fund Constant Maturity Regular IDCW Weekly
Bandhan Dynamic Bond Fund Regular IDCW
Bandhan Dynamic Bond Fund Regular Growth
Bandhan Government Securities Investment Regular Growth
Bandhan Government Securities Investment Regular IDCW
Bandhan Bond Fund Medium Term Plan Regular IDCW Quarterly
Bandhan Liquid Fund Regular IDCW
Bandhan Low Duration Fund Regular IDCW
Bandhan Low Duration Fund Regular IDCW Quarterly
Bandhan Liquid Fund Direct Plan IDCW
Bandhan Liquid Fund Direct Plan Growth
Bandhan Liquid Fund Direct Plan IDCW Monthly
Bandhan Liquid Fund Direct Plan IDCW Daily
Bandhan Liquid Fund Direct Plan IDCW Weekly
Bandhan Low Duration Fund Direct IDCW Daily
Bandhan Low Duration Fund Direct IDCW Quarterly
Bandhan Low Duration Fund Direct IDCW
Bandhan Low Duration Fund Direct Growth
Bandhan Low Duration Fund Direct IDCW Monthly
Bandhan Low Duration Fund Direct IDCW Weekly
Bandhan Money Manager Fund Direct IDCW Daily
Bandhan Money Manager Fund Direct Growth
Bandhan Money Manager Fund Direct IDCW Monthly
Bandhan Money Manager Fund Direct IDCW Weekly
Bandhan Government Securities Fund Constant Maturity Direct Growth
Bandhan Government Securities Fund Constant Maturity Direct IDCW Quarterly
Bandhan Government Securities Fund Constant Maturity Direct IDCW Weekly
Bandhan Government Securities Fund Constant Maturity Direct IDCW Monthly
Bandhan Bond Fund Income Plan Direct IDCW Yearly
Bandhan Bond Fund Income Plan Direct Growth
Bandhan Bond Fund Income Plan Direct IDCW Quarterly
Bandhan Bond Fund Medium Term Plan Direct IDCW Bimonthly
Bandhan Bond Fund Medium Term Plan Direct IDCW Daily
Bandhan Bond Fund Medium Term Plan Direct Growth
Bandhan Bond Fund Medium Term Plan Direct IDCW Monthly
Bandhan Bond Fund Medium Term Plan Direct IDCW Quarterly
Bandhan Bond Fund Medium Term Plan Direct IDCW Fortnightly
Bandhan Bond Fund Short Term Plan Direct IDCW Fortnightly
Bandhan Bond Fund Short Term Plan Direct IDCW Monthly
Bandhan Bond Fund Short Term Plan Direct Growth
Bandhan Dynamic Bond Fund Direct IDCW Yearly
Bandhan Dynamic Bond Fund Direct Growth
Bandhan Dynamic Bond Fund Direct IDCW
Bandhan Dynamic Bond Fund Direct IDCW Quarterly
Bandhan Government Securities Investment Plan Direct IDCW
Bandhan Government Securities Investment Plan Direct Growth
Bandhan Government Securities Investment Plan Direct IDCW Quarterly
Bandhan Government Securities Investment Plan Direct IDCW Yearly
Bandhan Banking & PSU Debt Fund Direct Growth
Bandhan Banking & PSU Debt Fund Regular Growth
Bandhan Banking & PSU Debt Fund Direct IDCW
Bandhan Banking & PSU Debt Fund Regular IDCW
Bandhan Banking & PSU Debt Fund Regular IDCW Fortnightly
Bandhan Banking & PSU Debt Fund Regular IDCW Monthly
Bandhan Banking & PSU Debt Fund Regular IDCW Yearly
Bandhan Banking & PSU Debt Fund Direct IDCW Fortnightly
Bandhan Banking & PSU Debt Fund Direct IDCW Monthly
Bandhan Banking & PSU Debt Fund Regular IDCW Quarterly
Bandhan Banking & PSU Debt Fund Direct IDCW Quarterly
Bandhan Dynamic Bond Fund Direct IDCW Half Yearly
Bandhan Dynamic Bond Fund Regular IDCW Half Yearly
Bandhan Banking & PSU Debt Fund Regular IDCW Daily
Bandhan Banking & PSU Debt Fund Direct IDCW Daily
Bandhan Bond Fund Short Term Plan Direct IDCW Periodic
Bandhan Bond Fund Short Term Plan Regular IDCW Periodic
Bandhan Bond Fund Medium Term Plan Direct IDCW Periodic
Bandhan Bond Fund Medium Term Plan Regular IDCW Periodic
Bandhan Bond Fund Income Plan Direct IDCW Periodic
Bandhan Bond Fund Income Plan Regular IDCW Periodic
Bandhan Money Manager Fund Direct IDCW Periodic
Bandhan Money Manager Fund Regular IDCW Periodic
Bandhan Government Securities Fund Constant Maturity Direct IDCW Periodic
Bandhan Government Securities Fund Constant Maturity Regular IDCW Periodic
Bandhan Government Securities Investment Plan Direct IDCW Periodic
Bandhan Government Securities Investment Regular IDCW Periodic
Bandhan Dynamic Bond Fund Direct IDCW Periodic
Bandhan Dynamic Bond Fund Regular IDCW Periodic
Bandhan Corporate Bond Fund Regular Growth
Bandhan Corporate Bond Fund Regular IDCW
Bandhan Corporate Bond Fund Direct Growth
Bandhan Corporate Bond Fund Direct IDCW
Bandhan Corporate Bond Fund Direct IDCW Monthly
Bandhan Corporate Bond Fund Direct IDCW Quarterly
Bandhan Corporate Bond Fund Direct IDCW Yearly
Bandhan Corporate Bond Fund Regular IDCW Monthly
Bandhan Corporate Bond Fund Regular IDCW Half Yearly
Bandhan Corporate Bond Fund Regular IDCW Yearly
Bandhan Corporate Bond Fund Regular IDCW Quarterly
Bandhan Liquid Plan Unclaimed IDCW Upto 3 yrs
Bandhan Liquid Plan Unclaimed IDCW Above 3 yrs
Bandhan Liquid Plan Unclaimed Redemption Upto 3 Yrs
Bandhan Liquid Plan Unclaimed Redemption Above 3 Yrs
Bandhan Credit Risk Fund Direct Growth
Bandhan Credit Risk Fund Direct IDCW Quarterly
Bandhan Credit Risk Fund Direct IDCW Half Yearly
Bandhan Credit Risk Fund Direct IDCW
Bandhan Credit Risk Fund Regular IDCW Quarterly
Bandhan Credit Risk Fund Regular IDCW Yearly
Bandhan Credit Risk Fund Regular Growth
Bandhan Credit Risk Fund Direct IDCW Yearly
Bandhan Credit Risk Fund Regular IDCW Half Yearly
Bandhan Credit Risk Fund Regular IDCW
Bandhan Bond Fund Short Term Plan Direct IDCW Quarterly
Bandhan Bond Fund Short Term Plan Direct IDCW Yearly
Bandhan Ultra Short Term Fund Regular Growth
Bandhan Ultra Short Term Fund Direct Growth
Bandhan Ultra Short Term Fund Regular IDCW
Bandhan Ultra Short Term Fund Direct IDCW Monthly
Bandhan Ultra Short Term Fund Direct IDCW
Bandhan Floating Rate Fund Regular Growth
Bandhan Floating Rate Fund Direct Growth
Bandhan Floating Rate Fund Direct IDCW Yearly
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 Growth is a Debt Mutual Fund Scheme launched by IDFC Mutual Fund. This scheme was made available to investors on 20 Dec 1999. Anurag Mittal is the Current Fund Manager of Bandhan Floating Rate Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,22,101 Cr and the Latest NAV as of 22 Sep 2023 is ₹11.37.
The Bandhan Floating Rate Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹1,000.
;
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 Growth
VS
Add mutual fund to compare

	3M	6M	1Y	All
Fund returns	1.7%	3.8%	6.6%	12.8%
Category average	NA	NA	7.3%	NA
Rank with in category	13	12	12	NA

Name	Sector	Instrument	Assets
National Bank For Agriculture & Rural Development	Financial	CP	11.7%
Axis Bank Ltd.	Financial	CD	11.6%
Bharti Telecom Ltd.	Communication	Debenture	9.8%
Bajaj Finance Ltd.	Financial	Debenture	9.6%
Small Industries Devp. Bank of India Ltd.	Financial	CP	9.4%
GOI	Sovereign	GOI Sec	8.0%
Power Finance Corporation Ltd.	Financial	Debenture	7.3%
HDFC Bank Ltd.	Financial	CD	7.2%
HDFC Bank Ltd.	Financial	CD	7.1%
GOI	Sovereign	GOI Sec	5.4%

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	₹1,000
Min. for 2nd investment onwards	₹1,000

Rating	3
Fund size	₹204.55Cr

Bandhan Floating Rate Fund Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (13)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.34%

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