Bandhan Floating Rate Fund Direct Growth
NAV as on 29-04-2025
₹ 13.05
Inception Returns
6.5%
/yr
Historical NAV & Returns
About Bandhan Floating Rate Fund Direct Growth
Bandhan Floating Rate Fund Direct Growth is a debt fund. This fund was started on 22 February, 2021. The fund is managed by . This fund is suitable to keep your money safe.
Key Parameters
- Bandhan Floating Rate Fund Direct Growth has ₹257 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Bandhan Floating Rate Fund Direct Growth has given a CAGR return of 6.54% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 10.16% and 7.55% respectively.
Holdings
Bandhan Floating Rate Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2033, 7.32% Govt Stock 2030, Axis Bank Limited**, 7.1% Govt Stock 2034, Tata Projects Limited
Taxation
As it is a floating rate mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of Bandhan Floating Rate Fund Direct Growth
The Fund seeks to generate returns by creating a portfolio that is primarily invested in floating rate instruments, including fixed rate instruments swapped for floating returns and other debt and money market instruments.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Bandhan Floating Rate Fund Direct Growth has no lock in period.
Bandhan Floating Rate Fund Direct Growth Overview
| Expense ratio | 0.31% |
Benchmark | NIFTY Low Duration Debt Index TR INR |
| AUM | ₹257 Cr |
| Inception Date | 22 February, 2021 |
| Min Lumpsum/SIP | ₹1000/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 602.34% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low to Moderate Risk |
Trailing Returns
as on (29-Apr-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 257.1 Cr as of Mar'25
- AUM decreased by 10.4 Cr between Mar'25 and Feb'25
Top 2 Sectors in March were Corporate, Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.18% Govt Stock 2033 | 16.13% | 33.3% | |
7.32% Govt Stock 2030 | 14.14% | -12.5% | |
Axis Bank Limited** | 7.29% | 0% | |
7.1% Govt Stock 2034 | 6.03% | 0% | |
Tata Projects Limited | 5.89% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Bandhan Floating Rate Fund Direct Growth | 10.16% | 7.55% | - | 6.54% |
 DSP Floater Fund Direct Growth | 10.64% | 8.19% | - | 7.16% |
 Franklin India Floating Rate Direct Growth | 10.32% | 8.32% | 6.98% | 7.18% |
 Nippon India Floating Rate Fund Direct Plan Growth Plan | 9.69% | 7.61% | 7.18% | 8.05% |
Bandhan Floating Rate Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹257 Cr
Expense Ratio 0.31%
More funds from Bandhan
1Y CAGR
▲ 13.17
5Y CAGR
▲ 6.96
Frequently Asked Questions for Bandhan Floating Rate Fund Direct Growth
Bandhan Floating Rate Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.39% | 1.39% |
6 Month Returns | 5.21% | 5.21% |
1 Year Returns | 10.16% | 10.16% |
3 Years Returns | 24.42% | 7.55% |
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- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 59.48 |
AA | 40.52 |