Bandhan Floating Rate Fund Direct Quarterly Reinvestment of Income Distribution cum cptl Wdrl opt
Debt
Direct
Floating Rate
NAV: ₹ 10.28 as on 16-05-2024
About the Fund
Bandhan Floating Rate Fund Direct Quarterly Reinvestment of Income Distribution cum cptl Wdrl opt is a debt fund. This fund was started on 22 February, 2021. The fund is managed by Suyash Choudhary. This fund is suitable to keep your money safe.
Key Parameters
- Bandhan Floating Rate Fund Direct Quarterly Reinvestment of Income Distribution cum cptl Wdrl opt has ₹209 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.4.
Fund Performance
Overview
 | 0.35% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹209 Cr |
 | 22 February, 2021 |
 | --/-- |
 | 0% |
 | No Lock-in |
 TurnOver | 644.47% |
Bandhan Floating Rate Fund Direct Quarterly Reinvestment of Income Distribution cum cptl Wdrl opt Distribution as on (31-Dec-69)
Credit rating breakup
AAA
65%
AA
35%
Sector Allocation
Government
66.2%
Corporate
31.2%
Cash Equivalent
2.6%
Top Holdings of Bandhan Floating Rate Fund Direct Quarterly Reinvestment of Income Distribution cum cptl Wdrl opt as on (30-Apr-24)
Debt Holdings17
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 6.54% Govt Stock 2032 | 15.64% | 0% | |
Bharti Telecom Limited | 9.6% | 0% | |
7.37% Govt Stock 2028 | 7.23% | 0% | |
7.26% Govt Stock 2033 | 7.21% | 0% | |
Rural Electrification Corporation Limited | 7.19% | 0% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 213.7 Cr as of Apr'24
- AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes
Peer Analysis
Fund Manager
Suyash Choudhary
Fund Manager of Bandhan Floating Rate Fund Direct Quarterly Reinvestment of Income Distribution cum cptl Wdrl opt, since 28 July 2021
Top funds managed
Bandhan Floating Rate Fund Direct Quarterly Reinvestment of Income Distribution cum cptl Wdrl opt Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 1.85% since inception which is less than its category average return of 5.07%
AUM size ₹209 Cr
This fund has AUM of ₹209 Cr which is less than its category average of ₹ 4718 Cr
Expense Ratio 0.35%
This fund has an expense ratio of 0.35% which is less than its category average expense ratio of 0.56%
Frequently Asked Questions
The current NAV of Bandhan Floating Rate Fund Direct Quarterly Reinvestment of Income Distribution cum cptl Wdrl opt is ₹10.28 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
Bandhan Floating Rate Fund Direct Quarterly Reinvestment of Income Distribution cum cptl Wdrl opt | Absolute Returns | CAGR Returns |
1 Month Returns | 0.76% | 0.76% |
6 Month Returns | 0.57% | 0.57% |
1 Year Returns | 0.54% | 0.54% |
3 Years Returns | 5.05% | 1.65% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- 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.
0.35% as on April 2024
₹209 Cr as on April 2024
6.54% Govt Stock 2032(15.64%), Bharti Telecom Limited(9.6%), 7.37% Govt Stock 2028(7.23%), 7.26% Govt Stock 2033(7.21%), Rural Electrification Corporation Limited(7.19%) as on April 2024
Government(66.25%), Corporate(31.16%), Cash Equivalent(2.59%) as on April 2024
Yield to Maturity is 7.82 as on April 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 2.79 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 65.03 |
AA | 34.97 |
Suyash Choudhary is the fund manager of Bandhan Floating Rate Fund Direct Quarterly Reinvestment of Income Distribution cum cptl Wdrl opt
The Exit load of Bandhan Floating Rate Fund Direct Quarterly Reinvestment of Income Distribution cum cptl Wdrl opt is 0%