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  • Bandhan Mutual Funds
  • Bandhan Floating Rate Fund (Growth)

Formerly IDFC Floating Rate Reg Gr

Bandhan Mutual Funds

Bandhan Floating Rate Fund (Growth)

DebtShort Term

11.3445

NAV (Nov 28)

4.7%
Till Date CAGR
Scripbox Opinion
Not Reviewed yet
Our analysis of this fundLearn how we rate funds ->

Fund Size

Rolling Returns

Scripbox Recommended Debt Funds
Want the Debt funds that are right for your short term investment needs?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

11.3445

NAV (Nov 28)

Fund Returns

Last 1Y
6.6%
Last 3Y
NA
Last 5Y
NA
Last 10Y
NA
Since Inception
4.7%
6 Month CAGR
3%

Scheme Information

Investment Objective

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.

Expense Ratio
0.82
Launched (2y ago)
Feb 22, 2021
AUM in Crores
206.232
ISIN
INF194KB1AP5
Lock-in
No Lock-in
Benchmark
NIFTY Low Duration Debt Index TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
0
Standard Deviation (5yr)
0
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
0
Sharpe Ratio (5yr)
0
YTM
7.63
Fund Managers

Suyash Choudhary

Fund Manager

Anurag Mittal

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Bandhan Floating Rate Fund (Growth)70%NaN NaN%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2023-11-28

Top Debt Holdings

state bank of india

11.8%
11.8%

axis bank limited

11.7%
11.7%

bharti telecom limited

9.7%
9.7%

bajaj finance limited

9.6%
9.6%

small industries development bank of india

9.5%
9.5%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 40,756 cr

₹ 16,858 cr

₹ 11,326 cr

₹ 13,754 cr

₹ 10,873 cr

About the AMC

Bandhan Mutual Fund

Bandhan Asset Management Company Limited manages assets worth 127,484 crores and was set up on 20 December 1999. It's current offering of mutual fund schemes includes 38 equity,214 debt and 27 hybrid funds.amc-img
022-66289999
NVESTORMF@bandhanamc.com
Fund NameScripbox Opinion
Till Date CAGR

-

4.8%

-

1.9%

-

1.9%

-

1.9%

30.8%

16.7%

Bandhan Floating Rate Fund (G) Review

Bandhan Floating Rate Fund (G) is a Short Term Debt fund and has delivered an annualised return of 4.7% over a period of 2 years. The fund was previously known as IDFC Floating Rate Reg Gr. The fund is managed by Bandhan Asset Management Company Limited. The fund managers are Anurag Mittal, Suyash Choudhary.

Nav of Bandhan Floating Rate Fund (G) as of 11/28/2023 is ₹11.34 with the total AUM as of 11/29/2023 is ₹206.232. With Scripbox you can compare and check the latest nav for all mutual funds in India. Bandhan Floating Rate Fund (G) was launched on Feb 22, 2021. The category risk of the fund is Low to Moderate Risk.

The minimum SIP amount for Bandhan Floating Rate Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

Bandhan Floating Rate Fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to NIFTY Low Duration Debt Index TR INR.

Bandhan Floating Rate Fund (G) is rated as a 0 fund in Debt and delivered 6.6% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Bandhan Floating Rate Fund (G).

Frequently Asked Questions

What is Bandhan Floating Rate Fund (G)?

Bandhan Floating Rate Fund (G) is a Short Term Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in Bandhan Floating Rate Fund (G)?

You can invest in Bandhan Floating Rate Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Bandhan Floating Rate Fund (G)?

The minimum sip amount for Bandhan Floating Rate Fund (G) is ₹1000. You can invest in multiples of ₹5000.

Is Bandhan Floating Rate Fund (G) good to invest in?

As per Scripbox experts, Bandhan Floating Rate Fund (G) is a Not Reviewed Yet fund. You can investBandhan Floating Rate Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Bandhan Floating Rate Fund (G)?

The expense ratio of the Bandhan Floating Rate Fund (G) is 0.82% for regular plan.