- Mutual Funds
- Bandhan Mutual Funds
- Bandhan Floating Rate Fund Periodic (RIDCW-6M)
Formerly IDFC Floating Rate Reg Pd IDCW-R
Bandhan Floating Rate Fund Periodic (RIDCW-6M)
₹ 11.6347
NAV (Apr 16)
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 11.6347
NAV (Apr 16)
Fund Returns
Last 1Y | 6.6% |
Last 3Y | 5% |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 4.9% |
6 Month CAGR | 3.3% |
Scheme Information
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 | 0.86 |
Launched (3y ago) | Feb 22, 2021 |
AUM in Crores | 213.666 |
ISIN | INF194KB1AX9 |
Lock-in | No Lock-in |
Benchmark | NIFTY Low Duration Debt Index TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 0.7 |
Standard Deviation (5yr) | 0 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -0.626 |
Sharpe Ratio (5yr) | 0 |
YTM | 7.63 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Bandhan Floating Rate Fund Periodic (RIDCW-6M) | 8,25,950 | 93,338 | 5% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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
Top Debt Holdings
interest rate swaps (15/04/2024) receive floating
60.8%interest rate swaps (15/04/2024) pay fixed
60.8%6.54% govt stock 2032
15.4%bharti telecom limited
9.4%small industries development bank of india
8.8%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 4,923 cr | ||
₹ 10,293 cr | ||
₹ 35,428 cr | ||
₹ 13,848 cr | ||
₹ 13,895 cr |
About the AMC
Bandhan Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
5.1% | 5.2% | ||
1.4% | 1.5% | ||
1.4% | 1.5% | ||
1.4% | 1.5% | ||
26.4% | 17.4% |
Bandhan Floating Rate Fund Periodic (RIDCW-6M) Review
Bandhan Floating Rate Fund Periodic (RIDCW-6M) is a Short Term Debt fund and has delivered an annualised return of 4.9% over a period of 3 years. The fund was previously known as IDFC Floating Rate Reg Pd IDCW-R. The fund is managed by Bandhan Asset Management Company Limited. The fund managers are Anurag Mittal, Brijesh Shah, Debraj Lahiri, Sreejith Balasubramanian.
Nav of Bandhan Floating Rate Fund Periodic (RIDCW-6M) as of 4/16/2024 is ₹11.63 with the total AUM as of 4/18/2024 is ₹213.666. With Scripbox you can compare and check the latest nav for all mutual funds in India. Bandhan Floating Rate Fund Periodic (RIDCW-6M) was launched on Feb 22, 2021. The category risk of the fund is Moderate Risk.
The minimum SIP amount for Bandhan Floating Rate Fund Periodic (RIDCW-6M) 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 Periodic (RIDCW-6M) 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 Periodic (RIDCW-6M) 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 Periodic (RIDCW-6M).
Frequently Asked Questions
What is Bandhan Floating Rate Fund Periodic (RIDCW-6M)?
How to invest in Bandhan Floating Rate Fund Periodic (RIDCW-6M)?
You can invest in Bandhan Floating Rate Fund Periodic (RIDCW-6M) 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 Periodic (RIDCW-6M)?
The minimum sip amount for Bandhan Floating Rate Fund Periodic (RIDCW-6M) is ₹1000. You can invest in multiples of ₹5000.
Is Bandhan Floating Rate Fund Periodic (RIDCW-6M) good to invest in?
As per Scripbox experts, Bandhan Floating Rate Fund Periodic (RIDCW-6M) is a Not Reviewed Yet fund. You can investBandhan Floating Rate Fund Periodic (RIDCW-6M) 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 Periodic (RIDCW-6M)?
The expense ratio of the Bandhan Floating Rate Fund Periodic (RIDCW-6M) is 0.86% for regular plan.