Bandhan Floater Fund - Direct Plan
Returns
Risk
This fund has Moderate risk.
As per SEBI's Riskometer.
Portfolio of Bandhan Floater Fund - Direct Plan
Asset Allocation
Split between different types of investments
Credit Rating Weightage
Split between categories of Equity investments
Peer Comparison
|
Fund name
|
Rating |
Our Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|---|---|---|---|---|---|---|
|
Bandhan Floater Fund - Direct Plan
|
Moderate
|
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0.09 |
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|
Low to Moderate
|
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0.26 |
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|
Moderate
|
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0.30 |
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|
Moderate
|
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0.23 |
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|
Moderate
|
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0.31 |
Other details of Bandhan Floater Fund - Direct Plan
Assets
₹222 Cr
Exit Load (Days)
--
Min. Investment (₹)
1,000
Min. Withdrawal (₹)
500
Min. SIP Investment (₹)
100
Min. No of Cheques
6
About Bandhan Floater Fund - Direct Plan
Bandhan Floater Fund - Direct Plan is a debt mutual fund scheme of Bandhan Mutual Fund. Launched on February 18, 2021, it is currently managed by Brijesh Shah and Debraj Lahiri. The fund has an expense ratio of 0.09% with an overall AUM (Assets Under Management) of ₹222 Cr.
Bandhan Floating Rate Fund - Direct Plan is mandated to invest at least 65 per cent of its assets in bonds carrying a floating rate of interest. The fund allows minimum lumpsum investment of ₹1,000 and minimum SIP of ₹100.
Investment Strategy
The scheme seeks to generate returns by creating a portfolio that is primarily invested in floating rate instruments, including fixed rate instrument.
Suitability
Floater funds are suitable for:
- Debt allocation in your long-term portfolio, though Short Duration funds are better
- Earning marginally higher returns than fixed deposits, with low volatility and flexibility to redeem anytime
- Investment horizon of 2-3 years
Note:
- These funds invest in bonds whose interest rate changes with the prevailing interest rates in the economy
- Not suitable for long-term wealth creation
Capital Gains Taxation
- If investment is made on or after 1 April 2023: Entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
- If investment is made before 1 April 2023:
- Sold within 2 years from the date of investment: Gains are added to the investors' income and taxed according to the applicable slab rate.
- Sold after 2 years from the date of investment: Gains are taxed at the rate of 12.5%.
- No tax is to be paid as long as you continue to hold the units.
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
- Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs 10,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.
Latest news on Bandhan Floater Fund - Direct Plan
Benchmark change in the Bandhan Floater Fund
1 min read•By News Desk
Name change of three schemes in Bandhan Mutual Fund
1 min read•By News Desk
Fund Manager Changes for Bandhan Floating Rate Fund
1 min read•By News Desk
FAQ for Bandhan Floater Fund - Direct Plan
How to Invest in Bandhan Floater Fund - Direct Plan?
Subscribers of Value Research Fund Advisor can conveniently invest in the low-cost direct plan of Bandhan Floater Fund - Direct Plan through the Value Research Fund Advisor website.
Alternatively, mutual funds can also be purchased directly from the respective fund house’s website. For example, Bandhan Floater Fund - Direct Plan can be bought from the Bandhan Mutual Fund website. In such a case, if you are investing in multiple funds from different fund houses, you will need to transact separately on each fund house’s website.
The third option is to invest offline, by seeking assistance from a mutual fund distributor. Most banks also act as mutual fund distributors, and you can approach your bank for help in completing your investment.
What is the current NAV of Bandhan Floater Fund - Direct Plan Today?
The latest declared NAV of Bandhan Floater Fund - Direct Plan, is ₹13.8088 as of 19-May-2026.
What are the top holdings of Bandhan Floater Fund - Direct Plan?
| Company | Percentage of Portfolio |
|---|---|
|
GOI Sec 6.68 07/07/2040 |
16.11
|
|
IndiGrid Infrastructure Trust SR AD Debenture 7.04 27/09/2028 |
11.07
|
|
Bajaj Housing Finance Ltd NCD 7.02 26/05/2028 |
8.88
|
|
Tata Projects Ltd SR Q Bonds/NCD 8.25 28/04/2027 |
6.76
|
|
Aditya Birla Real Estate Ltd NCD 8.35 30/08/2027 |
6.74
|
What is the return of Bandhan Floater Fund - Direct Plan in the last 5 years?
Over the past five years, Bandhan Floater Fund - Direct Plan has delivered an annualised return of 6.42% as of 19-May-2026.
What is the minimum investment required in Bandhan Floater Fund - Direct Plan?
The minimum investment required to start investing in Bandhan Floater Fund - Direct Plan is ₹1,000 for the lump sum option and ₹100 for the SIP (Systematic Investment Plan) option.
